SINGAPORE (Dec 4): The National Volunteer and Philanthropy Centre (NVPC) and employee benefits platform CXA Group are looking to raise $1 million for charity – by encouraging companies and their employees to donate unused benefits dollars.

Called the Collective Good, the initiative calls for the donation of unused funds in CXA’s e-wallet for employees.

Through CXA, companies fund the employee e-wallet with their existing insurance, health and benefits spend. This allows employees to spend the funds in their e-wallets on a range of cashless services, including insurance, general practitioners, dentists, and chronic disease management programmes.

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