Planning To Donate & Support A Good Cause? Here Are Some Charities Eligible For Tax Deductions!
 
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Planning To Donate & Support A Good Cause? Here Are Some Charities Eligible For Tax Deductions!

Cherie Tan
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Anyone else still remembers having to bug your parents to give you some loose change, or even notes, during Flag Day?

flag day donations
Source: Tzu Chi Singapore

Some of us may not even understand the concept of donating yet, but I guess we were all excited about the stickers?

To encourage a habit of giving back to the needy, the Singapore Government had provided tax deductions for donations made by residents in Singapore.

For every S$1 donated to a registered charity, S$2.50 will be deducted from your taxable income.

Donations can come in forms of cash, gifts, shares and even artefacts!

In this article, we are mainly focusing on cash donations. There are different types of donations available and have different tax-deductibility.


TL;DR – Donate To A Good Cause & Lower Your Assessable Income

list of charities & causes to donate to for tax relief as voted by seedly community

We’re not saying that you should only donate to charities that provide tax deduction since doing good shouldn’t be conditional.

But for tax-paying individuals, every $1 in cash donations to an approved Institution of a Public Character (IPC), or Singapore Government for causes that benefit the local community, lowers your assessable income by $2.50!

How do we find out if an organisation is an IPC?

All you have to do is search them up on the Charity Portal and you’ll be able to check their status!

Here are some of the charities that the Seedly community have shared for tax deductible donation: 

  • Singapore Cancer Society
  • Children’s Cancer Foundation
  • Hospice Care Association (HCA) Singapore
  • Movement for the Intellectually Disabled of Singapore (MINDS)
  • Club Rainbow
  • The Straits Times School Pocket Money Fund
  • Nam Hong Welfare Service Society

Tax Deductions on Cash Donations to Charity

  • For every S$1 donated, S$2.50 will be deducted from your assessable income

In order for your cash donations to be qualified for tax deductions, it has to be made to:

  • An approved Institution of a Public Character (IPC) or
  • The Singapore Government for causes that benefit the local community

You can search if an organisation is an IPC on the Charity Portal.

Good news, everyone!

Donations receipts are no longer required for tax deductions on your donations, but you should still take note of it to track your expenses.

When making your donations to the respective charities, you’ll be required to provide your personal information, such as your name and NRIC, for the purpose of tax deduction.

Qualifying donations will be automatically included in your tax assessment so no need to remind yourself to declare your donations in your income tax return!

Remember, if you’re planning to donate and receive some tax deductions, don’t leave it till the last minute!

We all need some time to process information and these charities are no exception; plan and donate in advance if you want your donation to qualify for tax deductions.

Again, donations shouldn’t be conditional, but do be mindful of fundraising roadshows. Unfortunately, it’s not always that 100% of your donations will go to the beneficiary charity organisation.


Charities Top Rated by Our Community

The list of foundations available for us to donate is endless, it would be great if you focus on the causes that you believe in and wish to support.

We’ve compiled some of the tax deductible charities that our community give back to if you need some inspiration!

Singapore Cancer Society (SCS)

  • Cause: Cancer
  • IPC Status: Live (till 30/03/2020)

With a simple but bold mission – To minimise cancer and maximise lives, SCS is dedicated to minimising the impact of cancer through education, screening, patient services, financial assistance for cancer treatment, research and advocacy.

SCS is a community-based voluntary welfare organisation dependent on public donations to provide quality services to cancer patients, and their families.

For starters, SCS has an extensive write up on their website on cancer even debunking the common myths that we usually hear!

Made Your Donations Via
Credit or Debit Card

(VISA or MasterCard only)
For one-time or recurring donationsFill up online or hardcopy donation form
GIROFor recurring monthly donations
ChequeFor one-time donation
CashFor anonymous donationDrop into SCS Donation Boxes
Giving.sgFor one-time or recurring monthly donationsThrough Singapore Cancer Society Giving.sg profile

Children’s Cancer Foundation

Children’s Cancer Foundation (CCF)

  • Cause: Children with Cancer
  • IPC Status: Live (till 04/05/2022)

Similarly, CCF supports the cause of cancer but focuses on children with cancer and their families by enhancing their emotional, social and medical well-being.

Made Your Donations Via
Credit or Debit Card

(VISA or MasterCard only)
For one-time or recurring donationsFill up online or hardcopy donation form
GIROFor recurring monthly donationsFill up hardcopy donation form
ChequeFor one-time donation
AXSFor one-time donationChoose "Children's Cancer Foundation" on AXS Kiosks
Giving.sgFor one-time or recurring monthly donationsThrough Children's Cancer Foundation Giving.sg profile

Hospice Care Association (HCA) Singapore

  • Cause: Cancer
  • IPC Status: Live (till 30/09/2020)

HCA is one of the many hospices in Singapore that provides comfort and support to patients with life-limiting illnesses regardless of age, religion, ethnicity, nationality and financial status.

HCA’s main service, home hospice care, is provided at no charge to about 3,700 patients every year.

Made Your Donations Via
Credit or Debit Card

(VISA or MasterCard only)
For one-time or recurring donationsFill up online or hardcopy donation form
ChequeFor one-time donationFill up hardcopy donation form
CashFor one-time donationDrop off at HCA office
Giving.sgFor one-time or recurring monthly donationsThrough HCA Hospice Care Giving.sg profile

Movement for the Intellectually Disabled of Singapore (MINDS)

  • Cause: Persons with Intellectual Disability
  • IPC Status: Live (till 31/03/2022)

One of the oldest and largest organisations catering to the needs of persons with intellectual disability (PWIDs) in Singapore, MINDS aims to help provide equal opportunities to PWIDs to receive education to better integrate into society as contributing and responsible citizens.

Made Your Donations Via
ChequeFor one-time donationFill up hardcopy donation form
Cash
Giving.sgFor one-time or recurring monthly donationsThrough Movement for the Intellectually Disabled of Singapore (MINDS) Giving.sg profile

club rainbow

Club Rainbow

  • Cause: Children with Chronic Illness
  • IPC Status: Live (Till 28/09/2020)

Club Rainbow supports children with major chronic illnesses (even life-threatening ones) and their families by providing relevant services to give them a better quality of life and hope for a better future.

They conduct numerous events and programmes for their beneficiaries – to provide for psychosocial, financial, educational, informational, and social support.

Made Your Donations Via
Credit or Debit Card

(VISA or MasterCard only)
For one-time donationFill up online donation form
For recurring monthly donationsThrough hardcopy donation form
GIROFor one-time donationFill up online donation form
For recurring monthly donationsThrough hardcopy donation form
ChequeFor one-time donationFill up hardcopy donation form
Internet Banking For DBS and Standard Chartered onlySelect Club Rainbow as payee
CashFor one-time donationDrop by Club Rainbow office
Giving.sgFor one-time or recurring monthly donationsThrough Club Rainbow Giving.sg profile

The Straits Times School Pocket Money Fund

The Straits Times School Pocket Money Fund

  • Cause: Children/Students from low-income families
  • IPC Status: Live (till 31/01/2020)

As the name goes, The Straits Times School Pocket Money Fund provides pocket money to students through their school and since its inception in 2000, The Fund helped over 160,000 cases of students in providing them school pocket money.

Students are able to use this pocket money for school-related expenses like buying food during recess, paying for transport or school supplies.

Made Your Donations Via
Credit or Debit Card

(VISA, MasterCard, AMEX, Diners Club)
For one-time donationFill up online or hardcopy donation form
For recurring monthly donationsThrough hardcopy donation form
GIROFor one-time and recurring donationsThrough hardcopy donation form
PayNowFor one-time donationUsing SPMF UEN or PayNow QR
ChequeFor one-time donationInclude personal details at the back of your cheque
Giving.sgFor one-time or recurring monthly donationsThrough The Straits Times School Pocket Money Fund Giving.sg profile

Nam Hong Welfare Service Society

  • Cause: Elderly and the Disadvantaged
  • IPC Status: Live (till 07/01/2020)

Despite being a small organisation, Nam Hong Welfare Service Society provides a large array of services like free Traditional Chinese Medical Treatment, Caring-Heart Service for the Elderly, Free funeral services for the destitute, distribution of ration/bursary for disadvantaged students, health forums & voluntary consultation etc.

Made Your Donations Via
ChequeFor one-time donationInclude personal details at the back of your cheque
CashDrop off donation at Nam Hong Welfare Service Society, Medical Centre
Giving.sgFor one-time or recurring monthly donationsThrough Nam Hong Welfare Service Society Giving.sg profile

Organisations & Platforms That Help You Donate To A Cause You Believe In:

  • Giving.sg
  • GIVE.asia
  • SimplyGiving
  • Shop & Donate by FairPrice

giving.sg

Giving.sg

Giving.sg shouldn’t come as a surprise to you anymore since it’s one of the donation methods mentioned above.

Launched by the National Volunteer & Philanthropy Centre (NVPC) in 2015, Giving.sg is backed by the Ministry of Culture, Community & Youth.

If you are familiar with how other crowdfunding sites works like GoFundMe, looking at Giving.sg would be a no-brainer. You can browse through the different campaigns and causes to donate to.

Pro-tip: Not every organisation raising funds at Giving.sg is an IPC, use their filters and check ‘Tax Deductible’ for campaigns that have tax deductions. Alternatively, you may do a search if an organisation is an IPC here.

 

Giving.sg Tax deductible screen

As individual donors, you will not have to pay for any fees to donate, but Giving.sg charges the charities a total payment and service fee of 3%.

GIVE.asia

Give.asia

Apart from donations to registered charities, GIVE.asia provides the platform for individuals to contribute to personal fundraisers for those in need.

Pro-tip: Similarly, you can also use their filters to search for “Tax-deductible charities” or search the organisation on the Charity Portal.

While the charities do not have to pay any platform or service fees, GIVE.asia charged a standard processing fee of 1.5% payable the registered charities.

Donors can also choose to give a tip on top of their donation to maintain the GIVE.asia platform.

SimplyGiving

SimplyGiving logo

SimplyGiving is another platform for donations and crowdfunding and you can choose to contribute to registered charities or campaigns all around the world.

While their website doesn’t help you filter out tax-deductible charities, you can still check the status on the Charity Portal.

Recently, SimplyGiving has waived the service fee for Singapore registered charities which means your donations will only be subject to the standard credit card charges, payable by the respective charities.

Donors can opt-in for tips to help pay for the service fees and contribute towards the SimplyGiving platform.

Shop & Donate by FairPrice

Shop & Donate encourages the community to help the less fortunate with grocery donations to over 70 charities. All you have to do is view the wishlist of your chosen beneficiaries and purchase some or even ALL of the items listed.

Shop & Donate has 8 different causes you can donate to:

  • Animal welfare
  • Children & Youth
  • Disability
  • Education
  • Elderly
  • Family & Community
  • Health
  • Women & Girls

Note: Donating to beneficiaries with Shop & Donate are not eligible for tax deductions. 

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About Cherie Tan
Turning finance into boba-sized pieces. One iced milk boba tea, please!
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