What Are The Benefits

What Are The Benefits

Your Gift will be matched 1.5 times by the government
For an endowed gift of $20,000, your contribution will be matched 1.5 times (additional $30,000) by the government so that a bursary of at least $1,800 will be awarded to a needy SP student.*

However, any amount contributed is most welcome and your gift will be very much appreciated.
*Bursary quantum beyond the 5th year will be reviewed by SP and subjected to SP’s discretion.

Privilege of Naming the Bursary
You will have the privilege to name the bursary in the name of your choice to honour a loved one or an organisation! For those who wish to remain anonymous, your wish will be respected.

Determine Who You Wish to Help
Yes, you can determine the selection criteria for the recipient of the bursary.

Enjoy Tax Deduction of 2.5 times
Your gift will automatically enjoy a tax deduction of 2.5 times in your tax assessment if you are a Singapore tax-resident individual or corporation. The Inland Revenue Authority of Singapore allows you to carry forward any unutilised deductions for up to five years.
*Note: All donations are made to Singapore Polytechnic for its SP Endowment Fund where a tax deductible donation receipt will be issued.

It’s a Legacy Gesture of Giving
The bursary award is a meaningful token of giving that is more than just a one-off donation.

You Will Get to Meet the Beneficiary
Yes, SPGG will organise a Get-Together for all Benefactors & Beneficiaries so that you will get to meet the beneficiary and learn how your gift has made a difference to their SP education and learning journey.