Making a Difference.
Established in 2007, Temasek Trust is the philanthropic arm of Temasek, an Asia investment firm headquartered in Singapore.
Non-Profit Philanthropic Organisations
funded by Temasek Trust
Temasek Trust oversees the financial management of philanthropic endowments and gifts. The Trust funds the following non-profit philanthropic organisations:
The Singapore Technologies Endowment Programme (STEP), now in its 18th year, has been building bridges among youth in Asia and contributing to their education. Since 1998, its signature Sunburst Youth Camp (SYC) has hosted over 2000 teenage students from ASEAN countries, India, China, South Korea, Bhutan, Mongolia and Turkey. They included over 650 junior college and polytechnic students from Singapore.
The Singapore Millennium Foundation (SMF) funds research relevant to Singapore. Areas of research include mental health, Parkinson’s disease, liver cancer, ageing and special needs education. Since 2008, research sponsorships for hospitals, education and research institutions totalled more than S$43 million. SMF has also sponsored the Lee Kuan Yew Water Prize since 2008.
The research at Temasek Life Sciences Laboratory (TLL) focuses primarily on understanding the cellular mechanisms that underlie the development and physiology of plants, fungi and animals which provides foundation for biotechnology innovation. TLL aims to build a preeminent organisation of global talent to undertake bio-molecular science research and applications to benefit people in Asia and beyond.
Temasek Education Foundation (TEF) nurtures young talent in the areas of sports, mathematics, science, arts and music via the SCO ($15million) and SSO ($20million) Endowments, as well as TEF ($10million) Scholarship Funds. It supports three endowments of S$35 million, each named after Singapore’s pioneering leaders, Mr EW Barker, Dr Tay Eng Soon and Mr David Marshall.
Established in 2009, Temasek Cares (TCares) started with a S$100 million endowment for programmes to build people, community and capability, and rebuild lives in support of the underprivileged in Singapore. In 2011, two endowments of S$35 million each, named after the late Dr Balaji Sadasivan and Dr Ee Peng Liang, were gifted by Temasek to support training and manpower development in the healthcare and social services sector. In 2014, Temasek Cares launched the ‘Stay Prepared’ initiative to enable people in Singapore to be better equipped for emergencies.
Temasek Foundation is a non-profit philanthropic organisation anchored in Singapore that seeks to contribute to sustainable growth and a bright future of hope and opportunities for people in Asia. The foundation works with partners to support programmes that build people through health care and education, programmes that build bridges between peoples, programmes that build institutions of excellence through governance and ethics, programmes that rebuild lives and livelihoods affected by natural disasters. Since 2007, Temasek Foundation has committed S$147 million to support 262 programmes in 19 countries across Asia.
The S$100 million S Rajaratnam Endowment (SRE) was set up to recognise Singapore’s first and longest-serving Foreign Minister, one of our pioneering leaders. The objective of the SRE is to achieve development, peace and stability in the region by deepening international friendships, promoting regional cooperation, and fostering a greater and common understanding of international rules, based on the twin pillars of good governance and sustainability.
Named after the former Singapore Minister of Finance, the late Mr Hon Sui Sen, the Hon Sui Sen Endowment (HSSE) promotes talent development in the Asian financial sector through the Temasek Regional Regulators Scholarship Programme at the Wealth Management Institute. The S$35 million endowment focuses on developing talented individuals in the financial industry in Asia, including policy makers, central bankers, market regulators and financial professionals in public service.