ST pocket money fund donor hopes to inspire others to look out for needy
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Mr Dilip Babu (right) presenting a cheque for The Straits Times School Pocket Money Fund to fund chairman and Straits Times editor Jaime Ho on Monday. With them are (from second left) Mr Babu’s daughters Srinithi, 19, and Harini, 15; son Arjun, 14; and wife Ramya, 42.
ST PHOTO: DESMOND WEE
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SINGAPORE – Mr Dilip Babu, chief executive of Info-Tech Systems Integrators and jobs portal JobsLah.com, donated $250,000 to The Straits Times School Pocket Money Fund (STSPMF) on Monday. He presented a cheque to fund chairman Jaime Ho at the Info-Tech headquarters in Bendemeer.
Mr Babu, 49, first donated to STSPMF in 2022
The businessman said he believes no one should be deprived of good-quality education due to financial constraints.
“It is my duty to give back to society; the best way is via education,” added Mr Babu.
Every month, eligible primary school pupils, secondary school students and post-secondary students will receive $65, $100 and $125 respectively from the fund. Beneficiaries apply for the fund once or twice yearly.
Since its inception in 2000, the fund has disbursed $97 million to more than 210,000 children and youth.
Mr Babu’s wife Ramya, 42; daughters Srinithi, 19, and Harini, 15; and Arjun, 14, were also present at the cheque presentation ceremony.
Mr Ho, who is also the editor of The Straits Times, said it is “heartening to have advocates like Mr Babu who aspire to be role models” and inspire the next generation to “look out for those in need”.
