Written Answer

Philantrophic Contributions Made by Single Family Offices to Local Charitable Organisations Since 2024

Speakers

Transcript

1 Mr Abdul Muhaimin Abdul Malik asked the Prime Minister and Minister for Finance (a) whether the Ministry tracks philanthropic contributions made by Single Family Offices to local charitable organisations; (b) if so, what is the total amount of such contributions since 2024; and (c) if not, why not.

Mr Gan Kim Yong (for the Prime Minister): I refer the Member to the Monetary Authority of Singapore's response1 to Mr Saktiandi Supaat on the economic and social contributions of Single Family Offices for the Parliament Sitting on 24 September 2025. [Please refer to "Tracking Economic and Social Contributions of Single Family Offices from 2020 to 2024 and Plans to Attract SFOs", Official Report, 24 September 2025, Vol 96, Issue 4, Written Answers to Questions section.]