Leading homegrown professional services firm sets up $4 million educational endowment; and donates $900,000 to the Community Chest.

Singapore, 25 July 2025 – RSM Singapore, the mid-market leader in audit, tax, advisory and managed services, announced the setting up of the RSM Endowment Scholarship Fund, committing $4 million to nine local tertiary institutions. The fund aims to empower eligible students from less privileged backgrounds with easier access to education.

The firm is also committing a total of $900,000 to the Community Chest over 3 years.   

To amplify the impact on the occasion of SG60, the firm is participating in the SG Gives Matching Grant, where the government will match 1.5 times of its donation. 

Both initiatives were announced at the firm’s 40th Anniversary Charity Walk and Carnival, held at Southside, Sentosa. The event was graced by Guest of Honour, Mr. Desmond Lee, Minister for Education and Minister-in-Charge of Social Services Integration. He was received by RSM Singapore Chairman Mr. Kaka Singh and CEO Chio Kian Huat, and the firm’s senior management. 

Mr. Chio, Founder of the Firm at RSM Singapore, commented: "Education and giving back to society are the twin pillars of inclusive progress."

"Progress carries with it the responsibility to uplift those who may be left behind. We could not be where we are today without our staff, our clients and the community. Through these efforts, we hope to contribute towards nurturing tomorrow’s leaders, and to cultivate a more compassionate society.”

Key representatives of the tertiary institutions were present to witness the gifting. Managing Director of the Community Chest, Mr Jack Lim, was also present to receive the gift of the first tranche of $400,000.

The nine tertiary institutions who will benefit from the Endowment Scholarship Fund are: 

In the spirit of coming together to give, an additional $400,000 was raised in the run-up to the event, in a dollar-for-dollar fund raising RSM Singapore initiated among its clients, staff and business associates. About 1,500 of them turned up for the charity walk and carnival.

Media Contacts:

Casuarina Peck, Tranz Communications 
HP: 9365 5609 
[email protected]

Irene Yap, Group Marketing & Communications Director at RSM Singapore
HP: 9455 4148
[email protected]

About RSM Singapore

RSM Singapore (RSM新加坡) is the largest professional services firm outside the Big Four in Singapore and a member of RSM, the sixth largest professional services network globally.

We provide assurance, tax, advisory, as well as business solutions, with a focus on helping growing businesses to optimise profits, enhance business value and internationalise.

We also support international businesses with their ASEAN operations, offering expertise in set-up, corporate compliance and governance, payroll, accounting, staffing, as well as technology consulting and managed services. For more information, please visit - https://www.rsm.global/singapore