SINGAPORE – On Friday (August 24), underprivileged group Citi and its information technology partners raised more than $ 575,000 for underprivileged children at its 16th annual charity golf tournament.
The money collected goes to support for ChildAid 2018, an annual charity concert that benefits two charity funds, The Straits Times Pocket Money Fund, allowing children from low-income families, and The Business Times Budding Artists Fund, which helps financially disadvantaged children to explore the arts.
The amount is split equally between the two funds.
During the gala dinner on Friday evening, the guest of honor was Minister of Finance, Heng Swee Keat, who presented the check to the co-chairmen of ChildAid 2018 Marc Lim and Helmi Yusof.
He was accompanied by Mr. Paul McCarroll, head of Citi Technology Infrastructure and chief information officer of Citi Asia Pacific, and Mr. Amol Gupte, who is Citi's Asean head and the country officer for Citi Singapore.
Since 2002, the golf tournament has raised more than $ 5.9 million for various approved charities. This year ChildAid was chosen as the beneficiary for the eighth year in a row.
A total of $ 4,215 million has been raised for ChildAid through the tournament since 2011.
Mr. Helmi expressed his "greatest gratitude" to Citi for their contributions to ChildAid through the years.
Mr. Gupte said: "Our support stems from the belief that every child should have an equal chance of a full educational experience and should be able to pursue their artistic passions."