Countdown to the event
For consecutive years, SGX Bull Charge holds three key fundraising events – Charity Golf, Charity Futsal and Charity Run – in support of our beneficiaries. These events have enabled our community to raise $39 million over the last 17 years, helping at least 50 charities.
COVID-19 has dramatically changed this equation. Charities and non-profit organisations, which depend heavily on corporate philanthropy for critical funding, have been severely impacted as corporate donations are projected to reduce substantially. The pandemic may have thrown a spanner in the works, but it has not affected our determination to continue looking after our beneficiaries during these difficult times. In March 2020, SGX introduced a S$5 million SGX Care Package that included funds to cover beneficiaries for expenses such as the purchase of thermal scanners, surgical masks, hand sanitisers and disinfectants.
For the first time, the annual Charity Run will be transformed into a virtual fundraiser to prioritise the well-being of participants while we go the extra mile for a good cause. To be held from 30 October to 13 November 2020, the 17th edition of the SGX Bull Charge Charity Run will kick off with a virtual Chief Challenge involving CEOs and chiefs of companies. Participants in the Mass Run will each run at their own pace and space to form a massive bull symbol, with the aim of achieving a collective distance of 100,000km.
SGX is matching contributions dollar for dollar up to S$1 million. Partnering Community Chest, all proceeds will be channelled to the adopted beneficiaries for 2020: AWWA Ltd., Autism Association (Singapore), Fei Yue Community Services, HCSA Community Services and Shared Services for Charities. You can read more in our press release here.
SGX Bull Charge this year transformed its 17th annual Charity Run into a two-week virtual fundraiser to prioritise the well-being of participants. The event kicked off on 30 October with Team Singapore Olympian Joscelin Yeo joining 44 CEOs and chiefs of companies in the 3km virtual Chief Challenge, which was flagged off by C. Kunalan and Team Singapore Paralympian Theresa Goh. Participants in the virtual Mass Run each ran at their own pace and space, including ultramarathoner Stephen Lim who topped the leaderboard with 800 km.
Together, the over 5,000-strong community from several cities around the world surpassed its collective goal of 100,000 km within the first week of the event, clocking more than 150,000 km by 13 November. Corporate sponsors led the fundraising, supported by participants in SGX’s Commodities Unplugged webinar series in May-June, alongside SGX staff and members of the public. The exchange’s business, data and technology partners also pledged their financial support at a Technology Symposium in November. SGX, which donated S$1.5 million including matching contributions dollar-for-dollar, will commit an additional 1,000 volunteer hours to charity.
SGX Bull Charge is the only corporate charity initiative that rallies Singapore’s financial community and listed companies to support the needs of underprivileged children and families, persons with disabilities, as well as the elderly. Since 2004, it has raised S$42.6 million for more than 50 charities, helping beneficiaries lead a more positive, meaningful and comfortable life. In March, SGX introduced a S$5 million SGX Care Package that included funds to cover beneficiaries for expenses such as the purchase of thermal scanners, surgical masks, hand sanitisers and disinfectants.
Read more in our press release here.
Singapore Exchange’s (SGX) flagship charity initiative Bull Charge celebrated a bumper fundraising year with $3,448,888 in proceeds, as the local financial community joined beneficiaries at its annual Charity Run and carnival today.
The 16th edition of the event, which brought together some 6,000 participants at The Float@Marina Bay, rounded off an active 2019 that included a Charity Golf tournament in June and Charity Futsal matches in September featuring local football stars. SGX’s business, data and technology partners pledged their financial support at a Market Access Night in August as well as a Technology Symposium in September. Each month, SGX staff also participated in the SGX Cares series through activities such as excursions with beneficiaries and sprucing up the homes of families in need.
SGX Bull Charge is partnering Community Chest to channel all proceeds to the adopted beneficiaries for 2019: AWWA Ltd., Autism Association (Singapore), Fei Yue Community Services, HCSA Community Services and Shared Services for Charities. Corporates leading donations through the year include Premium Partner Sasseur Asset Management as well as Preferred Partners Bank of China, Lian Beng Group and Oxley Holdings.
Mr. Ong Ye Kung, Minister for Education and Board Member of the Monetary Authority of Singapore, was Guest-of-Honour at the Charity Run, which comprises a 5km Mass Run and 3km Chief Challenge involving CEOs and chiefs of companies. Prior to flag-off, international martial-arts stars Amir Khan and Dejdamrong Sor Amnuaysirichoke from ONE Championship, the official fitness partner of SGX Bull Charge, led a mass warmup.
Mr. Loh Boon Chye, Chief Executive Officer of SGX, said, “We are delighted to be joined by our corporate sponsors as we celebrate another year of delivering more care and assistance to those in our community who need it the most. Growth is more meaningful when we achieve it together, and we look forward to continuing this journey alongside our beneficiaries for many more years to come.”
SGX Bull Charge is the only corporate charity initiative that brings together Singapore’s financial community and listed companies to support the needs of underprivileged children and families, persons with disabilities, as well as the elderly. Since 2004, it has raised $35 million for more than 50 charities, helping beneficiaries lead a more positive, meaningful and comfortable life.
We would like to thank all our corporate sponsors, donors, guests and employees who have helped make this event a success and contributing to a year round of fundraising events and activities.
We look forward to seeing you again in 2020!