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The upscaling of philanthropy in S’pore: Innovations take ‘giving for good’ to new heights

The landscape of philanthropy in Singapore is going through a sea change, with new players, new incentives and innovative financing mechanisms.

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Singapore has a good shot at becoming the philanthropic hub for the region, says the writer.

Singapore has a good shot at becoming the philanthropic hub for the region, says the writer.

PHOTO: ST FILE

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Singapore owes a debt of gratitude to its philanthropists of yesteryear, such as Tan Kah Kee, Tan Kim Seng, Khoo Teck Puat and so many others, who built and bequeathed institutions that have served the public good for decades. But if these tycoons were around today, their contributions would likely have been even greater.

The landscape of philanthropy in Singapore is going through a sea change, with new players, new incentives and innovative financing mechanisms.

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