Asia Community Foundation Launches to Spur Philanthropy in Asia
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Li Foundation

Asia Community Foundation Launches to Spur Philanthropy in Asia

Asia Community Foundation (ACF) is the first independent community foundation based in Singapore, created to be a trusted partner for purposeful philanthropy in Asia. It is designed to help individuals, families, foundations, and family offices with their philanthropy and advisory needs. The foundation offers a Donor-Advised Fund platform that adopts a holistic and efficient approach to selecting and vetting nonprofit partners, helping donors determine appropriate funding and support models, and providing basic grant monitoring. In addition, ACF offers philanthropic advisory services to support donors in their giving journey.

Asia Community Foundation Launches to Spur Philanthropy in Asia
Asia Community Foundation Launches to Spur Philanthropy in Asia
Asia Community Foundation Launches to Spur Philanthropy in Asia
Asia Community Foundation Launches to Spur Philanthropy in Asia

The launch of ACF on 8th September was officiated by Deputy Prime Minister and Coordinating Minister for Economic Policies, Mr. Heng Swee Keat. Mr. Heng shared, “Asia is a dynamic and diverse region, with many opportunities for economic development but also many gaps in addressing the diverse social needs of peoples. With Singapore’s extensive linkages in the region, and our emphasis on good governance, we can play a valuable role in facilitating the deployment of capital and to serve as a hub for philanthropy. We commend the efforts of philanthropic foundations such as the Asia Community Foundation, in addressing key challenges and achieving social impact, in Singapore and the rest of Asia.”

ACF is backed by philanthropists who have engaged in decades of regional giving and understand the challenges that arise in cross-border giving in Asia. Li Foundation is honored to be one of the pioneer funders of this new foundation.

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