Singapore Sports Hub
Sep 27, 2020
RUN FOR A GOOD CAUSE
The Straits Times Virtual Run 2020 will be donating $0.50 received from each registration fee to The Straits Times School Pocket Money Fund.
The Straits Times School Pocket Money Fund started in 2000 as a community project initiated by The Straits Times to provide pocket money to children from low-income families to help them through school. The children can use this money for school-related expenses, such as buying a meal during recess, paying for transport or using it to meet other schooling needs. The financial help also eases the burden of the many parents who are already struggling to feed their families on their meagre incomes.
The Fund supports about 10,000 children and youth a year. Since the project started in 2000, the Fund has disbursed more than $70 million and helped over 170,000 cases of children and youth in providing them with monthly school pocket money.
STSPMF was established as a Trust on 20 October 2010 with a Board of Trustees and was granted charity status on 14 November 2011 with Institution of A Public Character (IPC) status effective from 1 January 2012.
The Fund works with the Ministry of Education, mainstream and special needs schools, youth centres, family service centres and children’s homes in disbursing the funds to students from low-income families.
Please refer to this link for The Straits Times School Pocket Money Fund 10th Anniversary book – No Child Should Go Hungry.
Read more about STSPMF at www.spmf.org.sg
The Straits Times School Pocket Money Fund provides pocket money to students from primary school to post-secondary level. The pocket money helps these students from low-income families focus better in school and worry less about where their next meal will come from.
A study conducted in 2009 and 2010 by the National University of Singapore Department of Social Work to gauge the impact of the pocket money on these children and youth indicated that they are likely to do better in school, be more active in co-curricular activities and are less self-conscious about not having money.
In 2013, the fund was nominated by the Ministry of Social and Family Development to receive the inaugural Asean Rural Development and Poverty Eradication Leadership Award.