$164,000 donation for ST School Pocket Money Fund from financial advisory firm PFPFA

The Straits Times School Pocket Money Fund (STSPMF) has been given a leg-up in its efforts to help children from lower-income families after a $164,000 donation from financial advisory firm PFPFA.

- Daniel Lai

PFPFA presented a cheque for $100,000 to STSPMF at the firm's annual charity night on Oct 11, a joint media statement on Oct 12 said. A further $64,000 was raised during the event.

In 2024, PFPFA partnered STSPMF to deliver "Bags of Joy" – each filled with essential groceries and a supermarket voucher – to 300 beneficiary families, in addition to a $90,000 donation to the fund.

Since its first charity night in 2007, PFPFA has raised over $800,000 for causes that include those focused on education and children with special needs.

Its chief executive Jeffrey Chow said that the firm's charity night reflects PFPFA's belief that financial well-being goes hand-in-hand with social responsibility.