Although most of us would not have really grasped the notion of contributing as children, at the very least we earned stickers!
We can genuinely take money out of our own pockets to aid people in need now that most of us are older and earning our own money.
Even though it is not the primary reason for contributing, the Singapore Government does grant tax breaks for eligible donations.
To encourage Singaporeans to contribute back to their community, the 25% tax credit for eligible gifts will be extended until December 31, 2023.
In other words, S$2.50 will be deducted from your taxable income for every S$1 contributed to a registered charity.
Donations can take the shape of cash, gifts, stock, or even artefacts!
Donate to a Good Cause and Reduce Your Taxable Income
Every $1 in cash donations to a recognised Institution of a Public Character (IPC) or Singapore Government for purposes that benefit the local community reduces your assessable income by $2.50 for tax-paying people!
Famous Charities to donate in Singapore
The list of foundations to which we may contribute is unlimited; it would be ideal if you focused on the issues in which you believe and want to help.
Here are several well-known organisations to which you may contribute for a good cause.
Singapore Cancer Society (SCS)
The Singapore Cancer Society (SCS) has a simple yet audacious mission: to reduce cancer and save lives.
SCS is committed to reducing cancer’s effect via education, screening, patient services, financial help for cancer treatment, research, and advocacy.
SCS is a community-based volunteer welfare organisation that relies on public donations to deliver superior cancer care to patients.
G2C from Children’s Society
Give2Children (G2C) is an online fundraising platform that allows consumers and businesses to give to the Singapore Children’s Society. Singapore Children’s Society, as mostly a self-funded non profit organization, must seek money to support the numerous facilities and strategies that our charitable platform provides to our children, youth, and families in need. To donate to a good cause by this platform you can go and check their website https://g2c.childrensociety.org.sg/ and become a part of this act of kindness.
Children’s Cancer Foundation (CCF)
Similar to SCS , CCF advocates for the cause of cancer while focusing on children with cancer and their families by improving their emotional, social, and medical well-being.
Hospice Care Association (HCA) Singapore
HCA is one of Singapore’s numerous hospices, providing comfort and assistance to patients with life-threatening diseases regardless of age, religion, race, country, or financial condition.
Every year, HCA’s core service, home hospice care, is delivered free of charge to about 3,700 patients.
MINDS-Movement for the Intellectually Disabled of Singapore
MINDS, one of Singapore’s oldest and biggest organisations serving the needs of people with intellectual disabilities (PWIDs), aspires to offer equitable chances for PWIDs to acquire education so that they can better integrate into society as productive and responsible citizens.
Club Rainbow provides appropriate services to children with significant chronic diseases (even life-threatening ones) and their families in order to improve their quality of life and offer them hope for the future.
They provide a variety of activities and programmes for their clients in order to give emotional, financial, educational, informational, and social assistance.
The Straits Times School Pocket Money Fund
The Straits Times School Pocket Money Fund, as the name suggests, offers pocket money to kids through their school. Since its start in 2000, the Fund has assisted over 160,000 children in receiving school pocket money.
Students can spend this pocket money for school-related costs such as eating food at recess, paying for transportation, or purchasing school materials.