To enable the charity sector to flourish, we adopt a robust yet balanced regulatory approach and work with various partners to help charities strengthen their capabilities and governance. We encourage co-regulation and a culture of transparency and accountability. This enables a safe giving environment where everyone can do a part in creating a caring society.
The Commissioner of Charities (COC) Annual Report for the year ended 31 December 2018 is published today. The report highlights that the charity sector received a total of $20.5 billion in 2017, an increase of 24% from 16.6 billion in the previous year. In 2018, the sector continues to receive more than $1 billion of tax-deductible donations.
The report also highlights the milestones achieved in building a safer giving eco-system in Singapore. These include the launch of the Codes for online fund-raising and commercial fund-raisers, the Safer Giving Campaign to equip donors and on-going efforts in enhancing the charity regulatory framework.