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St Luke's ElderCare aims to raise $30m to serve more than 45,000 beneficiaries
The Straits Times
|November 08, 2024
St Luke's ElderCare (SLEC) aims to raise $30 million over the next five years to serve more than 45,000 beneficiaries, as Singapore moves towards becoming a super-aged society.
This is three times more than the 15,000 seniors it now serves across 31 locations in Singapore.
The $30 million Community Transformation Fund will go towards six areas, including improving quality of care for elders, training and upskilling staff, and scaling up programmes.
SLEC's plans were announced on Nov 7 at its 25th anniversary gala dinner at Pan Pacific Singapore, attended by President Tharman Shanmugaratnam.
Donations to the fund will be matched dollar for dollar by the Government.
By 2026, Singapore will be a super-aged society, with more than one in five residents aged 65 and above. By 2030, this figure will become one in four, comprising about one million elderly folk.
The community care provider said "transformative" efforts are needed to meet the increasing needs of Singapore's ageing population.
This story is from the November 08, 2024 edition of The Straits Times.
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