In March 2017, the Ministry of Culture, Community and Youth (MCCY) announced that a sum of $50 million has been pledged to match sports donations, dollar-for-dollar, over the next five years.
Individual donors, groups or corporations can choose to donate directly to the fund – which will go into the pool of money for High Performance Sport (HPS) – or to a specific National Sports Associations (NSAs). Every dollar donated to the NSA will be matched up to $80,000 (dependent on scheme eligibility).
For more information regarding OTSF, you may refer to the Team Singapore website here: https://www.teamsingapore.sg/coming-soon
Your donation will help SSF in projects and initiatives that contribute to the High Performance System (HPS). These include but are not limited to:
To be eligible for the OTSF schemes, NSAs will need to
**Donations to SSF can be for specific class programmes, but they cannot be specific to sailors.
Not only will you be contributing to our Olympic aspirations, you can also enjoy tax reliefs. You will be eligible for 250% tax deductible relief for your donation, which is in line with the Internal Revenue Authority of Singapore’s regulations (IRAS).
If you wish to donate to the High Performance team at Singapore Sailing Federation, please refer to our fundraising page here for more information. Other methods of donation include cheque or electronic transfer.
Bank Name: DBS Bank Ltd, Singapore
Account Name: Singapore Sailing Federation
Account number: 029-0115-761
SWIFT Address: DBSSSGSG
UEN number: S66SS0013A
Please indicate “OTSF” as part of your transfer comments where possible. Please also follow up with an email and a screenshot of the transfer to email@example.com once the transfer is complete.
SSF and all sailors appreciate all donations to help us achieve excellence at the top levels in Sailing internationally. Every cent counts.