FAQS
If you have a question that isn’t covered in the sections below, please email us at hello@asiacf.org
Can anyone contribute to an Impact fund?
– Interested donors must be an Accredited Investor and pass ACF’s know-your-donor checks.
Is there a minimum donation amount?
– Yes, this is SGD 20,000.
What are the tax benefits for giving to an impact fund?
– Eligible donors can qualify for a 100% tax deduction under the Philanthropy Tax Incentive Scheme (PTIS).
Approved donors under Singapore’s Philanthropy Tax Incentive Scheme (PTIS) can qualify for a 100% tax deduction on overseas donations when given through a Qualifying Local Intermediary such as ACF.
ACF can give to local social impact partners, including non-profit organisations and social enterprises. Only qualifying donations to organisations that are “Institutions of a Public Character (IPCs)” are eligible for a 250% tax deduction.
ACF’s Donor-Advised Funds (DAFs) is a private fund created to help in managing charitable donations on behalf of an organisation, a family, or an individual.
ACF’s Impact Funds brings together a community of givers to learn about issues in the region and give alongside others to local community partners, or social impact organisations, in Asia.
Approved Single Family Offices (SFOs) under Singapore’s Philanthropy Tax Incentive Scheme (PTIS) can qualify for a 100% tax deduction on overseas donations when given through a Qualifying Local Intermediary such as ACF.
Find out more here.
ACF can give to local social impact partners, including non-profit organisations and social enterprises.
Only qualifying donations to organisations that are “Institutions of a Public Character (IPCs)” are eligible for a 250% tax deduction.