Temasek Report 2010

Temasek is committed to supporting the wider communities in Singapore, Asia and beyond. Since inception, we have committed over S$1 billion for community, philanthropic and public good causes.

In 2003, our community commitment was institutionalised. We decided to set aside a portion of our positive Wealth Added for community contributions for each year that we deliver excess returns above our risk-adjusted hurdles.

Temasek Trust

We established Temasek Trust in 2007 to independently oversee the management of endowments and gifts. As an additional stakeholder, the Trust tracks our performance as it benefits from our success.

Governed by a distinguished board of trustees comprising Chairman Lee Seng Wee and Richard Hu from Singapore, Ratan Tata from India, and Xu Kuangdi ¹ from China, the Trust has the mandate to fund the following non-profit philanthropic organisations:

• Singapore Technologies Endowment Programme
• Singapore Millennium Foundation
• Temasek Life Sciences Laboratory
• Temasek Foundation
• Temasek Cares

1. 1 Xu Kuangdi retired as Trustee upon the expiry of his term of office on 15 May 2010.

Temasek Non-Profit Philanthropic Platforms