Record $102m donated on Giving.sg in past year

More than $100 million was donated online in a year to about 600 charities amid the Covid-19 pandemic, surpassing previous annual records.

The National Volunteer and Philanthropy Centre (NVPC) said yesterday that its online donation platform Giving.sg received $102 million for the financial year from April 1, 2020 to March 31, 2021.

This is more than 21/2 times the $39.5 million raised in the last financial year.

The increase is due to factors such as donations from the $600 Solidarity Payment given to each adult Singaporean in April last year, as well as the waiver of the 3 per cent transaction fee on the platform, meaning charities receive the full amount of the donations, said NVPC.

To continue supporting the non-profit sector and help the 600 charities on the platform in the upcoming year, Giving.sg is extending the transaction fee waiver till March 31 next year, said the centre.

NVPC deputy chief executive officer Tony Soh said that charities have been working extremely hard throughout the pandemic to meet the increased needs of their beneficiaries and communities at risk.

"Extending the 3 per cent transaction fee waiver for another year is NVPC's contribution towards encouraging the public to continue giving generously, knowing that charities will receive 100 per cent of their donations," he said.

"We hope that Giving.sg can be a unifying national giving platform as we recommit ourselves to supporting members of our community who are in need."

He added that giving has always been part of Singapore's DNA, but it really shone through in the crisis last year when regular Singaporeans went above and beyond the call of duty to uplift those in need.

The past year has seen several milestones in donations on Giving.sg. This includes the largest amount donated in a single day - $2.5 million on Dec 31 last year .

In addition, $93.4 million was collected for the 2020 calendar year, which was more than double the $35.8 million collected in 2019.

A version of this article appeared in the print edition of The Straits Times on April 06, 2021, with the headline 'Record $102m donated on Giving.sg in past year'. Subscribe