In June 2010 the Singapore Olympic Foundation (SOF) set up the SOF-Peter Lim Scholarship with a
S$10 million donation from Lim. The gift is the single largest donation in Singapore from an individual towards sports development. The recipients are typically students who come from financially challenged backgrounds and have demonstrated a potential to excel in their respective sports. In 2019, Lim further pledged to continue supporting young local athletes for another 10 years from 2021 to 2030 by donating another $10 million to the SOF-Peter Lim Scholarship. From 2011 to 2023, 4,519 student-athletes from 54 sports have received scholarships amounting to S$10.45 million. Lim further committed a separate S$20 million to start a new community project focused on helping children from less privileged backgrounds, with the aim of helping them reach their potential. In 2014, Lim also endowed Nanyang Technological University with S$3 million to fund a professorship in peace studies at the
S. Rajaratnam School of International Studies to protect and promote harmony in Singapore. In 2018, Lim donated S$900,000 over three years to build Therapeutic Gardens in Telok Blangah, Punggol and Bedok Reservoir. In 2020, in a partnership with NParks, Lim pledged S$10 million to set up the NParks – Peter Lim Scholarship for youth from less privileged backgrounds to pursue their interests in
landscaping,
horticulture,
ecology,
veterinary and
animal science sectors. Since its inception in 2020, study awards under the NParks – Peter Lim Scholarship have been given out to over 750 students in Singapore. In 2022, Lim pledged S$680,000 to the Peter Lim Sports Ignite Grant to provide children and youth from disadvantaged backgrounds with the platform to pursue their sports interests and skills development. The grant also aims to empower girls to pursue their interests in sports and science, technology, engineering, arts and mathematics (STEAM). == References ==