Learning the Art of Philanthropy

ACSEP

29 BBA students recently saw their hard work come to fruition during The Asia Centre for Social Entrepreneurship and Philanthropy’s (ACSEP) “Learning by Giving at NUS” event.

As part of a course, “Measuring Success in Philanthropy and Impact Investing,” the students had to identify the most donation-worthy charities in Singapore by adapting and using frameworks and tools created by Northeastern University.  They had to use the RISE assessment framework to ascertain the Relevance, Impact, Sustainability and Excellence of the charities they were looking at.

According to Dr Tan Jee Peng, NUS Visiting Fellow who has had more than 30 years of rich experience with The World Bank, “young people should learn now to give by having actual dollars to give away.  By trusting students to make philanthropic investments… gives them a sense of agency and social responsibility.”

Through the generosity of Mr. Keith Chua, Executive Chairman of ABR Holdings and Chairman of ACSEP’s Advisory Board, the students were empowered to donate a total of SGD40,000 to charities that they identify as being the most donation-worthy.  They include:

  1. Care Corner Family Service Centre (Admiralty)
  2. Cerebral Palsy Alliance Singapore
  3. Singapore Red Cross
  4. Home Nursing Foundation
  5. New Life Community Services
  6. Kidney Dialysis Foundation
  7. Reach Community Services Society

Home Nursing Foundation received an additional SGD5,000 for being voted “Top of the Tops” by the class.

The identified charities were recognized through the award of a grant from the Mrs. Lee Choon Guan Trust Fund, a foundation that honors Mr. Chua’s late great grandmother.