How to get started

Setting up your own fund is easier than you think. Here are seven simple steps to guide you along.

1

Identify your cause

Think about what charitable cause you wish to support. It can be specific like a particular non-profit organisation or school, or something generic like ‘general charitable purposes in line with CFS’ charitable objectives.’

2

Decide on how much to donate

Your donation can be an upfront lump sum or it can be a pledged amount.

3

Determine what kind of fund to set up

You can choose to set up a flow through fund, endowment fund or term endowment fund.

4

Name the fund

You can name the fund after yourself, your family, corporation, cause or something else entirely. You may also choose to remain anonymous.

5

Form a Grant Advisory Committee

CFS will usually take instructions from you when it comes to grantmaking. However, you may also form a Grant Advisory Committee (GAC) to help you with decision-making. A GAC is useful when yours is an endowment fund.

6

Complete a simple deed agreement

A deed agreement will be prepared for you and CFS to agree, sign and seal. This agreement will include the name of the fund, your charitable intent and donation value.

7

Activate your fund

Once you make the first donation, your fund will be put into action.

Ready to get started? Get in touch with us at 6550 9529 or contactus@cf.org.sg to set up a donor fund today.