Temasek Polytechnic

General Education Fund

General Education Fund

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ACTIVITIES & FUNDING

Through generous donations from individuals, organisations and foundations, endowment matching grant from MOE, as well as interest earned from investment of the funds, we were able to disburse the following awards in this financial year:

TPGEF continually receives donations from regular and new donors. During the financial year, donations were received from major donors including Mr Choo Chiau Beng, Ngee Ann Kongsi, Lee Foundation, TF IPC Ltd and HSBC Trustee (Singapore) Limited.

TP35 Fundraising Campaign

As Temasek Polytechnic celebrates its 35th anniversary in 2025, we reflect on our journey of supporting our students' learning. To continue this journey, we launched a fundraising initiative to grow TP's endowment fund. All donations to the TP endowment fund will be matched according to the prevailing government matching ratio, and on a dollar-for-dollar basis by TP. The funds raised would enable us to provide more scholarships and bursaries, empowering our students to reach their greatest potential.

MANAGEMENT COMMITTEE

All members of the Management Committee of the TPGEF are appointed by Temasek Polytechnic Board of Governors and hold office for a term of up to three years. They are eligible for re-appointment after the term of their current appointment. The maximum term limit of the Treasurer is four consecutive years.

Name of Member	Current Appointment	Occupation	Prior Appointment in the Board
Mr Chia Ser Huei	Chairman with effect from 1 May 2024	Divisional Director Finance and Procurement Division Ministry of Education	Not Applicable
Mr Tang Kok Heng Clarence	Chairman until 30 April 2024	Divisional Director Finance and Procurement Division Ministry of Education	Not Applicable
BG Xu Youfeng	Member 1 May 2023	Commander Digital Defence Command Singapore Armed Forces	Not Applicable
Mr Peter Lam	Member 1 March 2018	Principal & CEO Temasek Polytechnic	Chairman 2 July 2016 to 28 February 2018
Ms Chia Li Hwei	Member 1 May 2022	Senior Director Temasek Polytechnic	Treasurer 1 July 2013 to 30 April 2017 1 May 2020 to 31 December 2021
Mr Kelvin Chan	Treasurer/Secretary 1 January 2022	Director of Finance Temasek Polytechnic	Not Applicable

TPGEF does not provide remuneration to committee members for their services and does not engage any paid staff.

MANAGEMENT COMMITTEE MEETING

The annual meeting of the Management Committee was held on 12 August 2024 and the attendees are as follows:

Appointment	Name and Designation
Chairman	Mr Chia Ser Huei Member, Board of Governors
Members	Mr Peter Lam Principal & CEO Ms Chia Li Hwei Senior Director
Member & Treasurer/Secretary	Mr Kelvin Chan Boon Cher Director, Finance
Absence with apologies	BG Xu Youfeng Member, Board of Governors

GOVERNANCE

TPGEF has in place practices of good governance in key areas aligning to the principles and guidelines set forth under the Code of Governance for Charities and Institutions of a Public Character. TPGEF has adopted the following policies and guidelines:

CONFLICT OF INTEREST POLICY

The purpose of this policy is to protect the integrity of the TPGEF and its Management Committee, TP and its staff and students, and the disbursement of TPGEF for scholarships, bursaries, awards and financial assistance to TP students. TPGEF Management Committee members and TP staff who undertake either the role of the approver of recipients of any award, or financial assistance or approver of disbursement of funds under the TPGEF, must be free from conflict of interest that might adversely influence their judgment and objectivity.

All selection committee members are required to declare if they are related to the nominated recipient(s) of any award or financial assistance under the TPGEF when the nominations are submitted for approval.

All Management Committee members are required to declare if they are related to the recipient(s) of any award or financial assistance under the TPGEF when approvals for disbursement of funds are given.

All individuals who are related to the recipients shall not participate in the nomination of recipients or approval for disbursement of the TPGEF.

For other matters tabled for the Management Committee’s decision and discussion, members do not vote or participate in such matters where they have a conflict of interest.

In line with the disclosure requirements by the Charity Council, the Governance Evaluation Checklist of TPGEF disclosing the extent of its compliance with the Code can be found at the Charity Portal website.   

Reserve Policy

The reserves set aside are to provide financial stability and to ensure a continuous supply of funds to meet the objectives of the TPGEF. The target is to maintain the reserves at a level equivalent to one year’s disbursements and expenses.

AUDITED FINANCIAL STATEMENTS

The financial statements of TPGEF for the financial year ended 31 March 2025 are subsumed under the audited financial statements of Temasek Polytechnic. The financial statements have been audited by Ernst & Young LLP, the firm appointed as the auditor.