SINGAPORE - A record number of 13,911 children and youths from low-income families received help from The Straits Times School Pocket Money Fund (STSPMF) in 2014.
At its Appreciation Day celebration on Friday (Oct 9), the Fund also received a special $550,000 donation from founder and CEO of Mini Environment Service Group, Mr Mohamed Abdul Jaleel, who has been donating $500,000 since 2010. He gave an additional $50,000 this year in celebration of Singapore's 50th birthday.
Launched on Children's Day in 2000, the STSPMF currently supports about 14,000 needy children and youth, raising more than $7 million a year.
"The family structure in Singapore is changing. We are seeing an increase in the number of transnational families and a growing number of families facing challenges like divorce," said Mr Sim Gim Guan, Chief Executive Officer of the National Council of Social Service.
"The social service sector, together with partners from the private and public sector, plays a pivotal role in ensuring that families-in-need are supported and equipped to ensure children receive the necessary social and educational attention and support," Mr Sim added.
At the event, ST Fund Chairman Han Fook Kwang also announced that he will be stepping down. Editor of The Straits Times, Mr Warren Fernandez, who is also a Trustee of ST Fund, will take over as Chairman on Oct 19.