Hope Initiative Alliance (HIA) has been granted Institute of Public Character (IPC) status. This recognition, bestowed by the Commissioner of Charities in Singapore, empowers HIA to receive tax-deductible donations. Effective 22 February 2024, HIA’s donors can enjoy 2.5 times tax deductions for qualifying contributions during the upcoming tax season. Moreover, businesses may claim a 250% tax deduction on qualifying expenditures incurred until 31 December 2026, when they engage their employees in volunteering and providing services, including secondments, to HIA.
This significant milestone equips HIA with enhanced fundraising capabilities, enabling us to bolster our charitable endeavours to foster a more compassionate and caring Singapore. Since our inception in 2019, HIA has been committed to providing holistic care to marginalised and less privileged Singaporean citizens, residents, and migrant workers. Our efforts have focused on supporting children from lower-income families, families residing in rental housing, and homeless individuals. Throughout, we remain steadfast in our dedication to nurturing a cohesive society, embodying the spirit of a city of good.
We recall the words of Deputy Prime Minister and Coordinating Minister for Economic Policies Heng Swee Keat at the Hope Initiative Alliance 5th Anniversary Gala Dinner on 7 December 2023.
As the Hope Initiative Alliance looks ahead to the next 5 years and beyond, I am happy to hear from Reverend Ezekiel that you plan to apply for Institute of Public Character status.Upholding strong governance and accountability will reinforce trust in the Hope Initiative Alliance and grow your standing to mobilise support from across communities to do good for society.Let me also reiterate that your ability to forge meaningful collaborations that leverage complementary strengths for the greater good, will help build a more harmonious, inclusive, united and resilient Singapore.”
As a charity with IPC status, HIA focuses more on improving our governance and accountability. Over the past year, we have undertaken efforts to review our internal policies and processes to follow charity standards and good practices. We will continue to do this as part of our value commitment.
While this development has increased our potential to perform our charity services, it has also increased our need to manage our operations and overhead. In this regard, we would like your continued support through donations, partnership, and volunteerism. We will launch our fundraising appeals for 2024 and 2025 and seek your support. Any contribution, big or small, helps us to make Singapore a better place for everyone.
HIA is blessed to have individuals and organisations who believe in our mission to serve the lesser privileged, marginalised, and vulnerable communities who need more care. We were able to respond to the need of our beneficiaries during the COVID-19 pandemic because of the long-standing relationship with our partners. Our government partners, such as the Ministry of Manpower (MOM), Ministry of Social and Family Development (MSF) and the Ministry of Culture, Community and Youth (MCCY), worked closely with us to keep us updated about the policies and measures as well as support our initiatives. We are also grateful to our inter-religious partners such as the Taoist Federation (Singapore), the Islamic Council of Singapore (MUIS), the Singapore Buddhist Federation, the Hindu Endowments Board, the Jewish Welfare Board and many others for their unwavering support. HIA, with its partners, will always be ready to serve our nation anytime. We thank everyone for being part of mission to improve lives.”
~ Rev. Ezekiel Tan, President of Hope Initiative Alliance
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