A growing number of wealth holders in Singapore are turning their attention to local and overseas giving, a trend encouraged by the government’s efforts to position Singapore as a regional hub for philanthropy. This shift is driving strong demand for services that can support charitable giving.
Private banks are uniquely positioned to encourage and guide clients on their philanthropy journey and enable impactful contributions. Yet they also face stringent regulatory and due diligence requirements, necessitating a rigorous approach. Recognising the important role private bankers can play in catalysing philanthropy, with support of the Monetary Authorities Singapore (MAS ) and the Gates Foundation AVPN is launching ImpactCollab; a marketplace platform providing access to verified charitable organisations, due diligence resources, and impact monitoring tools. Featuring a database of trusted impact organisations across Asia, ImpactCollab will lower the barrier to low risk and effective philanthropic giving.
Following a more informal partners convening and soft launch April 7 bringing together key ImpactCollab partners, on June 27 ImpactCollab will be launched publicly in the presence of ~250 invited guests. The platform itself will be presented and showcased, and a series of panels will be held to illustrate the inclusiveness, expansiveness and effectiveness of this new initiative.
