Donors raise over $10m to establish social impact hub The Foundry

Donors have raised over $10 million to help establish The Foundry, a new social impact hub that will support 14 organisations working on community challenges. There are plans to expand it to 24 organisations. Located at the historic Prinsep Link site, the hub will provide shared resources to help non-profit organisations incubate ideas and drive innovation. The hub was launched by President Tharman Shanmugaratnam.