For consecutive years, we have held three key fundraising events – SGX 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 16 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 severly 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, 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.
More information about the event can be found here.