A donor advised fund is a much better vehicle for giving and it’s much more convenient. It’s also a good vehicle to plan your tax deductions.
Mr Willie Cheng, former Board Director, SymAsia Foundation; Chairman, Catholic Foundation; and author of the book "Doing Good Well"At SymAsia, we seek to maximize the impact of your donations. Here are some of the benefits of giving through SymAsia Foundation:
Benefits for Donors
Donors can name their own sub-foundations
Hassle-free setting up of foundation; no start-up costs
Renowned Board of Directors
Donors may participate in grant-making and review
Donations may be given worldwide and to a wide range of causes
No fees charged for disbursements, basic due diligence & reporting
2.5x tax deductions for Singapore taxpayers to IPC charities till 31 Dec 2026
SymAsia has professional grant-making specialists
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Donors can name their own sub-foundations
SymAsia is set up as a Donor Advised Fund and you will be able to establish your own ‘sub-foundation’ within the framework of SymAsia, enjoy exclusive naming rights, determine the charitable causes to be pursued and the ultimate beneficiaries of your donations.2
Hassle-free setting up of foundation; no start-up costs
By donating through SymAsia, there are no start-up costs for you as our team will handle the administration, and regulatory reporting matters. Donors enjoy administrative convenience and cost savings by conducting their grant-making through SymAsia.3
Renowned Board of Directors
The members of our Board of Directors are leading public figures renowned for their specialist expertise. The Foundation will be subject to an annual external statutory audit by an international public accounting firm.4
Donors may participate in grant-making and review
If you wish to participate in grant-making and review, you are welcomed to be involved or elect a family member or delegate.5
Donations may be given worldwide and to a wide range of causes
We have disbursed donations to more than 300 charitable causes globally.6
No fees charged for disbursements, basic due diligence & reporting
With careful project evaluation and progress tracking of funded programs, your donations have the maximum possible effect. Credit Suisse AG waives all administrative fees so that 100% of your donations can go to charity.7
2.5x tax deductions for Singapore taxpayers to IPC charities
Singapore taxpayers are eligible for 250% tax deduction on donations to Singapore charities with Institution of a Public Character (IPC) status.8
SymAsia has professional grant-making specialists
SymAsia has many years of experience in project evaluation and selection, and maintains a network of contacts with a diverse range of Non-Profit Organizations (NPOs) in Asia and around the world.Get in touch with us
We look forward to working with you to further your philanthropic aspirations and create a long-lasting legacy.