Our success is rooted in our communities. As individuals and as an institution, we benefited from the contributions of those before us. We are here today because they have opened doors of learning and carved out new paths of possibilities.
In turn, we seek to enrich the community by widening portals of knowledge and extending pathways of opportunities, be it the 1997 endowment to sponsor exchange programmes, the funding of scholarship and research endowments in 2001, or the time, money and effort for the recovery and reconstruction programmes post the 2004 tsunami.
At the heart of the institution is our commitment to make a difference, whether as individual donors or volunteers, or as a team patiently exploring ways to develop a sustainable framework to support the community.
We broke new ground by earmarking a share of our positive Wealth Added (WA) to fund community initiatives, similar to how we have set aside a share to fund our staff bonuses and performance initiatives. It took several more years of meticulous planning and the accumulation of funds in parallel, before we launched two new non-profit philanthropic organisations in May 2007 - the Temasek Trust to oversee the management and disbursement of philanthropic endowments and community gifts; and the Temasek Foundation to focus on identifying or creating community support and development programmes for Asia. These organisations complement the other more Singapore-centric pro bono entities we continue to support.
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