Family offices are driving a surge in philanthropy in Singapore as the city-state attracts wealthy individuals from around the world. The Dalio Family Office, managing hedge fund titan Ray Dalio’s fortune, supports marine conservation initiatives and plans to expand its regional philanthropy through Singapore. Singapore-based foundations like the Low Tuck Kwong Foundation, Tanoto Foundation, and Moh Family Foundation topped donor lists in 2023, with giving reaching SGD431m (USD318m), nearly double from 2022, according to Soristic. Favourable regulations, tax incentives, and strong governance have made Singapore a philanthropic hub, hosting over 2,000 family offices, up from 200 in 2019. These entities fund education, healthcare, and global initiatives, while other organisations connect donors to vetted causes, further strengthening the city’s philanthropic ecosystem.