Nurturing Community-Minded SITizens for Service Leadership
Generous gifts from Mr Patrick Lee and the Yangzheng Foundation will enable SIT to establish a new Scholarship and Bursary, as well as a Community Leadership and Social Innovation Grant to nurture young leaders who have a heart for the community
Thanks to a $1-million endowed gift from Mr Patrick Lee, Chairman of Sing Lun Holdings Pte Ltd, the Singapore Institute of Technology will be able to award the Sing Lun Scholarships and Sing Lun Bursary to nurture undergraduates who are passionate about contributing to the community.
At steady state, five scholarships and five bursaries will be awarded annually and in perpetuity. The Sing Lun Scholarship (valued at $10,000 each) will nurture academically outstanding undergraduates at SIT, who have also made significant contributions to SIT or the community beyond their academic studies. The Sing Lun Bursary (valued at $5,000 each) will be awarded to financially disadvantaged students who have excellent community service records.
Bursary and Scholarship recipients are encouraged to volunteer for at least 12 days during the academic year, and to continue to participate in meaningful community projects in the key areas of need.
Said Prof Tan Thiam Soon, President, SIT, “We are thankful for the unwavering support from Mr Patrick Lee Kwok Kie to help SIT’s financially-disadvantaged undergraduates since 2013. His philanthropic leadership will greatly benefit our students, and support SIT’s projects and community initiatives.”
Mr Lee’s friendship with SIT goes back to 2013 (in his capacity as President of the Yangzheng Foundation) – the year when the Foundation made possible the endowed Yangzheng Foundation Bursary for SIT students.
The Foundation’s latest gift of $150,000 makes possible the Yangzheng Foundation Community Leadership and Social Innovation Grant to support programmes and projects under SIT’s newly formed Community Leadership and Social Innovation Centre (CLASIC). The Centre’s role is to nurture community leadership spirit among SIT students.
Formed in 1951, Sing Lun started as a textile trading company but has since successfully diversified into a privately-owned enterprise with a diverse range of business interests worldwide. The Group's key business interests include industries, investments and real estate.