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Industry Led Compassion Fund Logo

TAC 2As our nation confronts an unprecedented public health crisis, complementing government support for individuals, families and corporates are caring individuals, philanthropists or community groups demonstrating the importance of showing compassion to others and our capacity to work together towards common goals.

SBF Foundation hopes that in our Singapore society where employees give their best for themselves and others, industry leaders can also do more to offer support to vulnerable employees within the industry.

This goes beyond ad hoc financial help and extends to developing a catalytic framework for trade associations and their corporate members to pool resources and foster industry-wide cultures where employees in need first turn to their compassionate employers for help before personal or family circumstances spiral downwards. The Foundation is initiating an industry-led Compassion Fund as a platform for the business community to pool resources with the goal of providing employees with the care and support from within. In the same way that corporate social responsibility entails corporates supporting selected social communities, the Fund champions corporates assisting the industrial community.

Associations or industry leaders who would like to galvanise their member companies and join us in this collective effort to show solidarity with employees who are in need can contact us for more information.             

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                                                                              Pioneering Trade Associations

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Empower Circles Employability Fund Logo

     

Blank SpaceA resilient and inclusive workforce forms the backbone of the business and the economy. We wish to inspire and rally businesses to take actions from supporting disadvantaged individuals towards a good headstart in the workforce to caring for employees in need.

Beyond financial assistance, Employment is the key to independence and integration to the community. With employment comes the benefit of access to other subsidy schemes e.g. housing or childcare, which are especially crucial for the disadvantaged groups. When the disadvantaged gain stable and sustainable employment, they participate in their fruit of labour and would not need the typical welfare.

SBF Foundation will kick start Empower Circles as a platform to bridge the business community who hires and the social service agencies who support and nurture such targeted pool of resources who are in transition from challenging circumstances. The first of such session on 29 July 2020 was organised by New Hope Community Services to bridge hiring organisations and individuals who are in need of a shelter and stable income.

Blank SpaceBlank SpaceTrade Associations who would like to galvanise their member companies and join us in this collective effort to share best practice can contact us for an exploration.

In phases, SBF Foundation Employability Fund will support programmes that outreach to different population groups. In phase 1, the first 2 groups supported are rough sleepers/homeless, and long-term unemployed parents and caregivers of at-risk children. This will be expanded over the next 3 years to include other groups including persons with mental health conditions, out-of-school youths and caregivers.

Blank SpaceCompanies who wish to contribute towards enabling employment programmes may click  here to donate.                                                                                  

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