SINGAPORE - Over a quarter of a million dollars was raised on Friday (May 26), at RHT Rajan Menon Foundation's third annual golf charity event held at the Singapore Island Country Club.
A total of 40 companies and individuals donated $264,000, which will go towards two primary beneficiaries - The Straits Times School Pocket Money Fund and Singapore Management University Pro Bono Centre - as well as two selected organisations, namely the Singapore Red Cross Society and National Gallery Singapore. Over three years, the foundation has raised more than $600,000.
One of its key donors is Qilin World Capital, who has been a supporter since 2015.
Qilin's co-managing partner, Mr Raymond Lau, said: "Both the primary beneficiaries were set up to support children and youth from less fortunate circumstances. (Our company) believes that the right financing tools can help cultivate a culture of socially responsible individuals and provide educational development to the next generation."
RHT Holdings's chief executive Mr Jayaprakash Jagateesan, who was speaking at the event's gala dinner on Friday said:"As leaders of the corporate world, we have the influence to inculcate the spirit of giving within our organisations, encouraging fellow colleagues and friends to behave in a socially responsible manner."
The RHT Rajan Menon Foundation was established in 2015 and supports a variety of causes.