Towards the Light Wellbeing Foundation
Every life has its rainy season.We want to be the one holding the umbrella.
The Towards the Light Wellbeing Foundation was set up on 4 December 2024 — a dedicated fund the group established for its people, with its own accounts, held in custody by Goldman Sachs (Singapore). It exists for one thing: to step in first when the unexpected happens to a colleague or their family.
- Fund size
- US$1,401,780
- As at 7 October 2026
- First allocation
- US$200,000
- 4 December 2024
- Growth since founding
- +601%
- US$200k → US$1.4m
- Cases helped
- 17
- Colleagues who have given
- 13
Where the money comes from
Every dollarhas a clear source.
Financial help, medical care, counselling — all of it costs real money. So rather than leave it as a slogan, we gave it a clear and lasting source of funds.
- 01
The group’s annual allocation
Every year, once the group has met its goals and covered its costs and wellbeing spending, the surplus is allocated to the foundation.
- 02
Colleagues’ gifts
Many colleagues give every year, or whenever they can. How much, and whether by name or anonymously, is up to you.
- 03
One-for-one matching
For every dollar a colleague gives, the group gives another, doubling every gift.
- 04
Steady investment returns
Money not yet needed is invested conservatively by Goldman Sachs (Singapore). Every return stays in the foundation and never goes back to the group as profit.
We very much hope this money is never used — because if it isn’t, it means everyone has come through safe and well.
But we also want it to grow, steadily. Every cent the foundation earns stays in the foundation — never returned to the group as profit, but kept for the moments ahead that none of us can foresee, and that will need paying for.
What the foundation does
When the unexpected happens,no one carries it alone.
Financial help
Direct grants for sudden financial hardship, so life can steady first.
Health and medical care
Medical costs beyond insurance, specialist medicines, and travel and transfers for treatment.
Counselling
Professional, confidential counselling, paid for in full.
Hard times at home
Compassionate payments when a family member dies; help case by case when serious illness is more than a family can bear.
Legal support
After an accident, trouble or any injustice, the foundation and its partner law firm stand up for colleagues and their families.
Interest-free long-term loans
Where the criteria for a grant are not met, an interest-free loan over a very long term is still available.
When help is needed
The foundation steps in first;if that is not enough, we all do.
- 01
Ask
A colleague, their family or a colleague nearby can ask through the staff portal or the wellbeing committee. Only the committee can see what is written.
- 02
The committee assesses
Within two working days the committee acknowledges and assigns a neutral member to understand what help is needed; emergencies are handled the same day.
- 03
The foundation pays first
By default the foundation’s own money is used first, so no one has to make their difficulty public.
- 04
If more is needed, a fundraiser — with consent
If the need is more than the foundation can cover, then — only with the person’s consent — the foundation posts it in the staff portal and opens a fundraiser, by name or anonymously.
Openness and audit
Every entryopen to anyone’s question.
Any entry can be disclosed on request
Anyone can ask for any of the foundation’s entries to be disclosed — income, spending or investment, without exception.
By name, or anonymously
Some questions are hard to ask, or you may worry how others will look at you; you can ask anonymously and we will answer publicly.
Published every quarter and every year
We publish the balance, investment returns and every item of spending — what for, how much and for whom (named or anonymised with the person’s consent).
Independently audited by Goldman Sachs (Singapore)
Every entry in the foundation’s books is independently audited by Goldman Sachs (Singapore).
Reports
The foundation, quarter by quarter
Amounts in US dollars. Open a quarter to see each item of spending; the full report is a bilingual PDF.
From US$200,000, growing quarter by quarter
2026 Q4 · Closing
US$1,401,780
Group allocation + Colleagues’ gifts + Matching US$0
Returns US$0
Spending US$600
2026 Q4Opening US$1,402,380Group allocation · Colleagues’ gifts · Matching+US$0Returns +US$0Spending −US$600ClosingUS$1,401,780Under audit
- Opening
- US$1,402,380
- Group allocation
- US$0
- Colleagues’ gifts
- US$0
- Matching
- US$0
- Returns
- US$0
- Spending
- −US$600
Spending this quarter
- FD-2026-0075Travel to care for a family member after surgeryHard times at home · Liheng Huang (named with his consent) · 2026-10-07US$600
2026 Q3Opening US$1,372,610Group allocation · Colleagues’ gifts · Matching+US$15,920Returns +US$20,050Spending −US$6,200ClosingUS$1,402,380Under audit
- Opening
- US$1,372,610
- Group allocation
- US$0
- Colleagues’ gifts
- US$7,960
- Matching
- US$7,960
- Returns
- US$20,050
- Spending
- −US$6,200
Spending this quarter
- FD-2026-0009Specialist medicine for a rare disease (fourth month)Health and medical · The child of a colleague in Ningxia · 2026-08-14US$4,800
- FD-2026-0010Counselling (6 sessions)Counselling · A colleague in Bangkok · 2026-09-11US$1,400
2026 Q2Opening US$738,025Group allocation · Colleagues’ gifts · Matching+US$642,140Returns +US$14,845Spending −US$22,400ClosingUS$1,372,610Audited
- Opening
- US$738,025
- Group allocation
- US$635,000
- Colleagues’ gifts
- US$3,570
- Matching
- US$3,570
- Returns
- US$14,845
- Spending
- −US$22,400
Spending this quarter
- FD-2026-0005Living costs while a partner was out of workFinancial help · A colleague in Ningxia · 2026-04-16US$9,000
- FD-2026-0006Rehabilitation not covered by insuranceHealth and medical · A colleague in London · 2026-05-25US$7,800
- FD-2026-0007Counselling (14 sessions)Counselling · A colleague in Hong Kong · 2026-06-10US$3,100
- FD-2026-0008Custody and audit fees, 2025–26Custody and audit fees · 2026-06-30US$2,500
2026 Q1Opening US$754,320Group allocation · Colleagues’ gifts · Matching+US$3,060Returns +US$9,445Spending −US$28,800ClosingUS$738,025Audited
- Opening
- US$754,320
- Group allocation
- US$0
- Colleagues’ gifts
- US$1,530
- Matching
- US$1,530
- Returns
- US$9,445
- Spending
- −US$28,800
Spending this quarter
- FD-2026-0002Specialist medicine for a rare disease (first three months)Health and medical · The child of a colleague in Ningxia · 2026-02-20US$18,600
- FD-2026-0003Compassionate paymentHard times at home · The family of a colleague in London · 2026-03-02US$6,000
- FD-2026-0004Legal support in a tenancy dispute (partner law firm)Legal support · A colleague in Hong Kong · 2026-03-27US$4,200
2025 Q4Opening US$746,035Group allocation · Colleagues’ gifts · Matching+US$5,840Returns +US$12,145Spending −US$9,700ClosingUS$754,320Audited
- Opening
- US$746,035
- Group allocation
- US$0
- Colleagues’ gifts
- US$2,920
- Matching
- US$2,920
- Returns
- US$12,145
- Spending
- −US$9,700
Spending this quarter
- FD-2025-0009Family counsellingCounselling · The family of a colleague in Singapore · 2025-11-05US$1,800
- FD-2025-0010Emergency help after a house fireFinancial help · A colleague in Texas · 2025-12-09US$7,900
2025 Q3Opening US$748,010Group allocation · Colleagues’ gifts · Matching+US$3,780Returns +US$10,345Spending −US$16,100ClosingUS$746,035Audited
- Opening
- US$748,010
- Group allocation
- US$0
- Colleagues’ gifts
- US$1,890
- Matching
- US$1,890
- Returns
- US$10,345
- Spending
- −US$16,100
Spending this quarter
- FD-2025-0006Legal support after a road accident (partner law firm)Legal support · Daniel Moreau (named with his consent) · 2025-07-22US$6,400
- FD-2025-0007Cross-border medical transfer (Shenzhen to Hong Kong)Health and medical · The mother of a colleague in Hong Kong · 2025-08-30US$7,300
- FD-2025-0008Counselling (10 sessions)Counselling · A colleague in Munich · 2025-09-18US$2,400
2025 Q2Opening US$197,470Group allocation · Colleagues’ gifts · Matching+US$565,340Returns +US$4,100Spending −US$18,900ClosingUS$748,010Audited
- Opening
- US$197,470
- Group allocation
- US$560,000
- Colleagues’ gifts
- US$2,670
- Matching
- US$2,670
- Returns
- US$4,100
- Spending
- −US$18,900
Spending this quarter
- FD-2025-0004Compassionate paymentHard times at home · The family of a colleague in Hong Kong · 2025-05-08US$8,000
- FD-2025-0005Interest-free loan, repaid over 20 quartersInterest-free loan · A colleague in Singapore · 2025-06-12US$10,900
2025 Q1Opening US$203,590Group allocation · Colleagues’ gifts · Matching+US$3,380Returns +US$2,900Spending −US$12,400ClosingUS$197,470Audited
- Opening
- US$203,590
- Group allocation
- US$0
- Colleagues’ gifts
- US$1,690
- Matching
- US$1,690
- Returns
- US$2,900
- Spending
- −US$12,400
Spending this quarter
- FD-2025-0002Out-of-pocket costs of heart surgeryHealth and medical · The father of a colleague in Ningxia · 2025-02-14US$9,800
- FD-2025-0003Counselling (12 sessions)Counselling · A colleague in London · 2025-03-21US$2,600
2024 Q4Opening US$0Group allocation · Colleagues’ gifts · Matching+US$202,440Returns +US$1,150Spending −US$0ClosingUS$203,590Audited
- Opening
- US$0
- Group allocation
- US$200,000
- Colleagues’ gifts
- US$1,220
- Matching
- US$1,220
- Returns
- US$1,150
- Spending
- −US$0
Spending this quarter
No spending this quarter — everyone came through safe and well.
Download report (PDF)How it grew
2024-11-12
Employee wellbeing launched
Employee shareholding, dividends and the independent wellbeing committee began.
2024-12-04
The foundation is set up
The group allocated the first US$200,000, held by Goldman Sachs (Singapore).
2025-04-30
First annual allocation
After closing FY2024, the group allocated its surplus to the foundation.
2026-04-30
Second annual allocation
With FY2025’s surplus added, the fund passed US$1.3 million for the first time.
2026-09-30
About US$1.4 million
Allocations, gifts, matching and steady returns, built up a little at a time.
Giving
Whatever you give,we double.
Register a gift on the Towards the Light page of the staff portal and transfer it to the foundation’s custody account with Goldman Sachs (Singapore). Once finance confirms it has arrived, the group matches it one for one. You can give to the foundation, or to a particular fundraiser.
Held by Goldman Sachs (Singapore) · matched one for one
Give in the staff portalAsk for disclosure
Want to know where a sum went?
Tell us which entry you want to know about, or which kind of income or spending over which period. We answer within ten working days; answers to anonymous requests are published on this page.
Answered requests
DR-2026-0002 · 2026-07-15
基金會的「託管與審計費用」付給了誰？是不是從同事的捐款裏扣的？
The US$2,500 for 2025–26 is Goldman Sachs (Singapore)’s annual fee for custody and audit. It is paid out of the foundation’s investment returns, which far exceeded it that year; colleagues’ gifts and the group’s matching go entirely to helping people and have never paid any fee.
DR-2026-0001 · 2025-11-12
2025 年第三季「跨境就醫轉運」這一筆 7,300 美元，為什麼這麼高？
It covers a cross-border ambulance from Shenzhen to Hong Kong (only medical transport firms licensed on both sides can make the trip), the medical staff on board, and five nights in Hong Kong for a family member — all paid against receipts, which Goldman Sachs (Singapore) has audited. We also used the case to confirm with AIA that similar transfers will in future be paid by the insurance first where the policy’s emergency evacuation cover applies.
Questions
Is the foundation a separate organisation?
It is a dedicated fund the group established, with its own accounts. Its money is kept apart from the group’s operating funds, held separately by Goldman Sachs (Singapore), and managed by the employee wellbeing committee.
Do the foundation’s returns go back to the group?
No. Every return stays in the foundation, kept for necessary costs no one can yet foresee.
Will other colleagues know if I ask for help?
No. Only the committee sees your request, and by default the foundation helps directly. Only if a fundraiser is needed — and only with your clear consent — is anything posted in the staff portal, and you can choose to stay anonymous.
Can my family be helped too?
Yes. The foundation helps colleagues and their families — including compassionate payments when a family member dies, help with serious illness in the family, and legal support when family members face an accident or injustice.
Are the names of people helped made public?
Reports list the purpose, amount and recipient of every item of spending, but whether the recipient is named or anonymised is their own choice.