Community Engagement
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We committed over S$1 billion since inception, for community, philanthropic and public good causes, as part of our support for the wider communities in Singapore, Asia and beyond.
This commitment was further strengthened in 2003, when we decided to set aside a portion of our excess returns above our risk-adjusted hurdles as our community contribution.
We established Temasek Trust in 2007 to independently oversee the financial management of endowments and gifts, including the endowment distribution to specific non-profit philanthropic organisations. The latter are, in turn, independently responsible to their boards for the development and delivery of the community programmes within their respective mandates. They include Temasek Foundation and Temasek Cares, which were formed with specific mandates for Asia and Singapore respectively. Other beneficiaries include foundations focused on education, research as well as international partnerships.
These non-profit philanthropic organisations form an additional group of stakeholders with an interest in the continued success of Temasek.