Temasek Review 2019
Steward

Enabling a Better World

We have seeded diverse endowments to build people, build communities, build capabilities and rebuild lives, in Singapore, Asia and beyond.

We have 19 non-profit philanthropic endowments, gifted over the years, to focus on different aspects of building people, building communities, building capabilities and rebuilding lives. To date, Temasek Foundation has touched over 900,000 lives across Singapore and Asia.

In 2018, the Health and Wellness endowment was seeded. Its first initiative, Project Silver Screen, is a nation-wide one-stop functional screening programme for Singaporeans and Permanent Residents aged 60 years and above. Seniors can have their eyes, ears, and oral health checked in their neighbourhoods. For the first time, the business community and members of the public joined Temasek to support one of the Foundation’s programmes. Eleven corporate donors have committed about S$5 million to the cause.

Building
Communities
Building
Capabilities
Rebuilding
Lives
Building
People
Mandate
for Community
Investment
Endowments and Gifts
Co-investment with Temasek
Pro‑bono Seed Funding
Matching grants and
volunteer leave scheme
Knowledge Centres
Staff Volunteer Initiative
Financial Oversight and Governance

Temasek Trust financially manages 19 philanthropic endowments and gifts from Temasek and other donors.

It provides a steady and sustainable 4% endowment funding rate for Temasek Foundation and others, such as the Stewardship Asia Centre, to carry out their programmes to uplift people, communities, capabilities and to rebuild lives.

Endowment spending at rates above 4% and up to 10% will be at the discretion of Temasek Trust. Spending above 10% will be subject to the approval of Temasek as the endowment sponsor.

The Trust provides governance and financial oversight for the endowment beneficiaries. It also serves as a convenor for philanthropic and community dialogue, and serves to create new pathways for sustainable philanthropy and to inspire and enable giving.

Temasek Foundation

Temasek Foundation delivers community programmes through six thrusts to strengthen social resilience, foster international exchange and regional capabilities, and advance science and nature.

Temasek Foundation helps to build a more resilient, harmonious and inclusive society.

Its outcome-focused programmes help to enhance our social fabric by uplifting individuals to lead active and fulfilling lives, strengthening families and advancing communities.

Through its network of partners, the Foundation pilots programmes and supports research that benefits current and future generations.

Temasek Foundation also helps young people reach their potential in music, arts, sports, mathematics and science.

The wider community succeeds when ideas, experiences and support networks are shared.

Temasek Foundation supports programmes in Singapore and beyond that connect people and enhance capability and capacity in areas such as healthcare, education, public administration, urban management, and disaster response.

Through Stewardship Asia Centre, we also promote effective stewardship and governance for responsible value creation among corporate organisations.

We champion sustainability and innovative solutions to improve liveability in an
abc World of active and productive economies, beautiful and inclusive societies and a clean and cool Earth.

Temasek Foundation supports research and education in science, technology, engineering and mathematics. It also supports solution oriented development projects including the global Liveability Challenge.

These programmes strengthen research capabilities and promote cross-functional collaboration among institutions, agencies and academia in areas such as climate change, wildlife conservation and the circular economy.

Temasek Foundation Management Services

Temasek Foundation Management Services develops human resources for, and provides corporate services to, Temasek Foundation.

It also facilitates the sharing of best practices and collaboration between Temasek Foundation and the wider philanthropy sector to improve support to the community.