Universities see rise in millennial alumni donors, some with large sums

Their desire to give back is strong, with some donating five-, six- or even seven-figure sums

Some millennial alumni donors include (from left) Mr Ivan Chang, who donated $50,000 to Singapore Management University, Mr Alvin Poh, who gave $250,000 to Singapore Management University to start the Alvin Poh Endowed Scholarship and Mr Randy Ang, who donated $100,000 to his alma mater Nanyang Technological University School of Computer Science and Engineering. PHOTOS: KELVIN CHNG, ALVIN POH, NG LOR SUAN
Theresa Tan
Senior Social Affairs Correspondent
Updated
May 27, 2019, 05:59 PM
Published
May 27, 2019, 05:00 AM
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A new generation of millennial donors are stepping forward to give to the Singapore universities they attended, funding bursaries and scholarships among other philanthropic initiatives.

A handful of young entrepreneurs are giving five-, six-or even seven-figure sums to their alma mater.

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A version of this article appeared in the print edition of The Straits Times on May 27, 2019, with the headline Universities see rise in millennial alumni donors, some with large sums. Subscribe

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