Community Chest raised $55.2 million last year

Shin Min Daily News reported that individuals and organisations have donated generously to Community Chest last year. Ms Tan Bee Heong, Director of Community Chest, said that outright donations from individuals raised $1.3 million, while a total of $12.5 million was raised through events organised by organisations. It was also reported that Community Chest aims to raise $55.7 million this year to help support 70 charities in running 158 social service programmes. The funds raised would benefit some 300,000 people including children with special needs, youths-at-risk, persons with disabilities, lonely and frail elderly and families in need.

The report also featured IIFL Securities Pte Ltd and CISCO Recall, which have come up with creative ideas to raise funds for Community Chest. IIFL Securities Pte Ltd celebrated the launch of its trading operations on the Singapore Exchange in January 2011 by donating all the commissions earned in its first week of launch to Community Chest. This initiative raised $300,000, and demonstrated IIFL’s commitment in doing its part for the less fortunate in society by putting their needs at the forefront of its business. On the other hand, CISCO Recall’s customers were given the option to recycle the obsolete documents. Proceeds from this initiative were subsequently donated to Community Chest. With their customers’ support, CISCO Recall has raised over $120,000 in the past 10 years.