New fund to help people in need

From left: Chairman of Sian Chay Medical Institution Toh Soon Huat; President Halimah Yacob; Mr Tan Hian Tsin, co-founder of clothing manufacturer Crocodile; Mr Tan's son David Tan; and organising committee chairman Sean Wong at a dinner yesterday to
PHOTO: LIANHE ZAOBAO

From left: Chairman of Sian Chay Medical Institution Toh Soon Huat; President Halimah Yacob; Mr Tan Hian Tsin, co-founder of clothing manufacturer Crocodile; Mr Tan's son David Tan; and organising committee chairman Sean Wong at a dinner yesterday to launch a $20 million endowment fund to help needy people who land outside the social safety net. These cases, often individuals, will be identified by grassroots advisers from their Meet-the-People sessions. The endowment fund, set up by the Sian Chay Medical Institution, is supported by Mr Tan Hian Tsin. Mr Tan, who is in his 90s, has pledged to donate the private art collection of his late wife Tsao Sui Lan, after whom the fund is named. He is also giving $2 million to start the fund.

A version of this article appeared in the print edition of The Straits Times on May 22, 2018, with the headline 'New fund to help people in need'. Print Edition | Subscribe