RSM Singapore, a leading professional services firm, has announced the establishment of the RSM Endowment Scholarship Fund, committing $4 million to support nine local tertiary institutions. This initiative aims to provide students from less privileged backgrounds with improved access to education. Additionally, the firm will donate $900,000 to the Community Chest over three years, participating in the SG Gives Enhanced Matching Programme, which will see the government match 1.5 times the donation.
The announcement was made during RSM Singapore’s 40th Anniversary Charity Walk and Carnival at Southside, Sentosa, attended by Desmond Lee, Minister for Education and Minister-in-Charge of Social Services Integration. RSM Singapore’s Chairman, Kaka Singh, and CEO, Chio Kian Huat, were present alongside senior management. Chio emphasised the importance of education and societal contribution, stating, “Progress carries with it the responsibility to uplift those who may be left behind.”
The nine institutions benefiting from the scholarship fund include Nanyang Polytechnic, Singapore Management University, and the National University of Singapore, among others. Jack Lim, Managing Director of the Community Chest, received the first tranche of $400,000.
In addition to the endowment, RSM Singapore raised an extra $400,000 through a dollar-for-dollar fundraising initiative involving clients, staff, and business associates. Approximately 1,500 participants attended the charity event, underscoring the firm’s commitment to fostering a compassionate society.
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