Singapore – Dr. Carl Thong, renowned entrepreneur, investor, and philanthropist, is making waves with his innovative approach to charitable giving. Through the JCEN Foundation, a TrustBridge Global Foundation Fund, Dr. Thong is strategically channeling profits from his various businesses to support both traditional charities and high-potential social enterprises.
This unique model allows the JCEN Foundation to not only provide grants to non-profit organizations but also to invest in promising startups through the Eagle Venture Global Impact Fund. This venture capital fund focuses on companies that demonstrate both strong growth potential and a deep commitment to social impact, specifically in areas like combating slavery and human trafficking, improving economic opportunities, and providing affordable healthcare.
“The purpose of investing is to solve problems,” says Dr. Thong. “I believe there are huge opportunities in upskilling the economically poor, and for-profit pathways out of poverty.”
Eagle Venture Global Impact Fund, with its commitment to “catalyzing the creation of significant financial returns along with substantial social and spiritual impact for all stakeholders,” plays a crucial role in this philanthropic strategy. The fund operates a range of investment vehicles that inject capital into companies contributing to specific impact areas. You can learn more about their work and investment philosophy at www.eagleventurefund.com.
By investing in these impactful businesses, the JCEN Foundation aims to generate financial returns that can further fuel its philanthropic endeavors, creating a sustainable cycle of giving.
This innovative approach highlights Dr. Thong’s commitment to maximizing the impact of his philanthropy. By combining traditional giving with strategic impact investing through the Eagle Venture Global Impact Fund, he is creating a powerful model for social change.
“TrustBridge Global’s Impact Investing giving solution allows me to bring together some of my greatest passions —charitable giving, entrepreneurship, and creating social impact— in a way that is innovative, impactful, convenient, and truly rewarding,” says Dr. Thong.