DBS Foundation

DBS Foundation is Singapore’s first foundation dedicated to growing innovative social enterprises / businesses for impact. In 2014, DBS Foundation was launched with SGD 50 million fund, in conjunction with Singapore’s 50th birthday, to mark the bank’s commitment to championing social entrepreneurship in Asia.

With the pandemic upending livelihoods and casting a spotlight on a wide range of social and environmental issues, the bank announced in Feb 2022 an additional SGD 100 million commitment to further DBS Foundation’s efforts to improving lives in Asia and creating impact beyond banking, as well as support other philanthropic and crisis relief measures by the bank.

The additional funds will deepen DBS Foundation’s work with social enterprises through its “Business for Impact” chapter, as well as create a new “Community Impact” chapter through which to bolster the bank’s contributions to the community via giving and volunteerism efforts.

In recognition of its efforts to nurture social enterprises in Singapore and the region, DBS was named the inaugural winner of the “Social Enterprise Champion of the Year (Corporation)” award at the President’s Challenge Social Enterprise Awards (PCSEA) 2019.