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Temasek Foundation
Temasek Foundation International is a Singapore-based non-profit organisation under the philanthropic arm of the Singapore state sovereign fund Temasek Holdings. Temasek has established 17 endowments since 1974, focused on promoting social and cultural interaction, education, and aid for the disadvantaged in Asia. It is under the financial oversight of Temasek Trust, the endowment trustee of Temasek Holdings. The other foundations under the Trust's financial oversight include Temasek Foundation Cares, Temasek Foundation Connects, Temasek Foundation Nurtures, Temasek Foundation Innovates, and Temasek Foundation Ecosperity. As of 2016, over S$2 billion has been given to community initiatives covering a wide range of sectors and demographic groups, both locally and regionally, benefitting more than 300,000 people in Singapore and across Asia. History In 2003, Temasek instituted a policy of setting aside a share of its excess returns for the community for each year Temasek exceed ...
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Foundation (nonprofit)
A foundation (also a charitable foundation) is a category of nonprofit organization or charitable trust that typically provides funding and support for other charitable organizations through grants, but may also engage directly in charitable activities. Foundations include public charitable foundations, such as community foundations, and private foundations, which are typically financial endowment, endowed by an individual or family. However, the term "foundation" may also be used by such organizations that are not involved in public grantmaking. Description Legal entities existing under the status of "foundations" have a wide diversity of structures and purposes. Nevertheless, there are some common structural elements. * Legal requirements followed for establishment * Purpose of the foundation * Economic activity * Supervision and management provisions * Accountability and auditing provisions * Provisions for the amendment of the statutes or articles of incorporation * Provisio ...
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Temasek Holdings
Temasek Holdings (Private) Limited, or simply Temasek, is a Singaporean state holding company owned by the Government of Singapore. Incorporated on 25 June 1974, Temasek owns and manages a total of US$496.59 billion (S$671 billion) in assets under management (AUM) as of December 2022. Its net portfolio is US$287 billion (S$403 billion) as of 2022, with S$37 billion divested and S$61 billion invested during the year. Its one-year total shareholder return (TSR) was 5.8%, with longer term 10 and 20-year TSRs at 7% and 8% respectively, compounded annually. Its TSR since inception was 14%, compounded over 48 years. Headquartered in Singapore, it has 12 offices in 8 countries around the world, including in Beijing, Hanoi, Mumbai, Shanghai, Shenzhen; and London, Brussels, New York, San Francisco, Washington, D.C. and Mexico City outside Asia. It is an active shareholder and investor, with four key structural trends guiding its long term portfolio construction – Digitisation, Sus ...
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Singapore
Singapore (), officially the Republic of Singapore, is a sovereign island country and city-state in maritime Southeast Asia. It lies about one degree of latitude () north of the equator, off the southern tip of the Malay Peninsula, bordering the Strait of Malacca to the west, the Singapore Strait to the south, the South China Sea to the east, and the Straits of Johor to the north. The country's territory is composed of one main island, 63 satellite islands and islets, and one outlying islet; the combined area of these has increased by 25% since the country's independence as a result of extensive land reclamation projects. It has the third highest population density in the world. With a multicultural population and recognising the need to respect cultural identities of the major ethnic groups within the nation, Singapore has four official languages: English, Malay, Mandarin, and Tamil. English is the lingua franca and numerous public services are available only in Eng ...
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Chairman
The chairperson, also chairman, chairwoman or chair, is the presiding officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the group, presides over meetings of the group, and conducts the group's business in an orderly fashion. In some organizations, the chairperson is also known as ''president'' (or other title). In others, where a board appoints a president (or other title), the two terms are used for distinct positions. Also, the chairman term may be used in a neutral manner not directly implying the gender of the holder. Terminology Terms for the office and its holder include ''chair'', ''chairperson'', ''chairman'', ''chairwoman'', ''convenor'', ''facilitator'', '' moderator'', ''president'', and ''presiding officer''. The chairperson of a parliamentary chamber is often called the ''speaker''. ''Chair'' has been used to refer to a seat or office of authority ...
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Asia
Asia (, ) is one of the world's most notable geographical regions, which is either considered a continent in its own right or a subcontinent of Eurasia, which shares the continental landmass of Afro-Eurasia with Africa. Asia covers an area of , about 30% of Earth's total land area and 8.7% of Earth's total surface area. The continent, which has long been home to the majority of the human population, was the site of many of the first civilizations. Its 4.7 billion people constitute roughly 60% of the world's population. In general terms, Asia is bounded on the east by the Pacific Ocean, on the south by the Indian Ocean, and on the north by the Arctic Ocean. The border of Asia with Europe is a historical and cultural construct, as there is no clear physical and geographical separation between them. It is somewhat arbitrary and has moved since its first conception in classical antiquity. The division of Eurasia into two continents reflects East–West cultural, linguistic, ...
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Grant (money)
A grant is a funding, fund given by an end entity grant – often a Government, public body, charitable foundation, or a specialised grant-making institution – to an individual or another entity (usually, a non-profit organisation, sometimes a business or a local government body) for a specific purpose linked to public benefit. Unlike loans, grants are not to be paid back. European Union European Union grants The European Commission provides financing through numerous specific calls for project proposals. These may be within Framework Programmes for Research and Technological Development, Framework Programmes. Although there are many 7-year programmes that are renewed that provide money for various purposes. These may be Structural Funds and Cohesion Fund, structural funds, Youth programmes and Educational policies and initiatives of the European Union, Education programmes. There are also occasional one-off grants to deal with unforeseen aspects or special projects and theme ...
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Typhoon Haiyan
Typhoon Haiyan, known in the Philippines as Super Typhoon Yolanda, was one of the most powerful tropical cyclones ever recorded. On making landfall, Haiyan devastated portions of Southeast Asia, particularly the Philippines. It is one of the deadliest Philippine typhoons on record, killing at least 6,300 people in that country alone. In terms of JTWC-estimated 1-minute sustained winds, Haiyan is tied with Meranti in 2016 for being the second strongest landfalling tropical cyclone on record, only behind Goni of 2020. As of January 2014, bodies were still being found. Haiyan was also the most intense tropical cyclone worldwide in 2013. This typhoon is also the second deadliest typhoon in the Philippines. The 30th named storm, thirteenth typhoon, and fifth super typhoon of the 2013 Pacific typhoon season, Haiyan originated from an area of low pressure several hundred kilometers east-southeast of Pohnpei in the Federated States of Micronesia on November 2, 2013. Tracking ge ...
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Temasek Cares
Temasek Cares CLG Ltd. is a Singaporean non-profit philanthropic organisation set up in 2009 to commemorate the 35th anniversary of Temasek Holdings. Backed by four endowments, Temasek Cares' stated goal was to improve the lives of the underprivileged in Singapore. It has aided nearly 17,600 individuals in Singapore over the last five years. History In March 2014, Temasek up a new endowment fund of S$40 million to commemorate its 40th anniversary. The new Temasek Emergency Preparedness Fund (T-PREP Fund) was administered by Temasek Cares. 2013/2014 In 2013/2014, S$6.7 million were committed to supporting 4,750 beneficiaries through 18 new programmes. New initiatives for the year included programmes that support children with learning and development delays and programmes that help adults with mental challenges. 2012/2013 In 2012/2013, S$4.55 million in grants were committed to 14 programmes including new and differentiated models of care for over 4,700 Singaporeans and th ...
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