Foundation to give out $15m early

8 Dec 2008, Straits Times

AS thenews on the economic front grows gloomier every day, one foundation has decided to give out the millions in its kitty earlier than intended.

The Community Foundation of Singapore originally planned to accumulate $5.0 million in donations before disbursing its funds , but it is now identifying who it can help with the $15 million it has gathered so far.