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More people setting up donor-advised funds
Donors pledge at least $200k to set up such funds with foundation for their chosen causes
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Theresa Tan Senior Social Affairs Correspondent , Theresa Tan
More wealthy people are setting up charitable funds that give at least six-figure sums to their chosen causes.
There were 143 donor-advised funds set up with the Community Foundation of Singapore (CFS), disbursing $20.2 million to charitable causes in the foundation's financial year that ended in March.
