Nonprofit
Image

The Straits Times School Pocket Money Fund

  • Singapore    Children, Education, Youth
Raised So Far SGD 13,085

The Straits Times School Pocket Money Fund

The Straits Times School Pocket Money Fund (STSPMF) was started in 2000 as a community project initiated by The Straits Times to provide pocket money to children from low-income families to help them through school. The children can use this money for school-related expenses, such as buying a meal during recess, paying for their transport fares or using it to meet their other schooling needs. The financial help also eases the burden of the many parents who are already struggling to feed their families on their meagre incomes.

The Fund supports about 14,000 children and youth a year. Since the project started in 2000, the Fund has disbursed over $55m and helped over 150,000 cases of children and youth in providing them with monthly school pocket money. STSPMF was established as a Trust on 20 October 2010 with a Board of Trustees and was granted charity status on 14 November 2011 with Institution of A Public Character (IPC) status effective from 1 January 2012.

All donations are eligible for tax deduction of 2.5 times.

For corporate donors, please provide us with your UEN for tax deduction. For individual donors, please provide us with NRIC number.

Comment via Facebook