SINGAPORE, Sept. 11, 2026 /PRNewswire/ — The Rockefeller Foundation and TPC (Tsao Pao Chee), together with NO.17 Foundation, today announced a Memorandum of Understanding (MoU) to explore a strategic collaboration to address interconnected challenges across land, food, health and energy in Asia.
Announced during At ONE IMPACT Week 2026 in Singapore, the collaboration brings together these organizations with a shared commitment to exploring new ways of working across philanthropy, enterprise and capital to address complex challenges and create lasting impact across the region, grounded in the belief that love can be built into the infrastructure through which we create value and enable communities to thrive.
Across Asia, economic growth, climate change, food systems, health and energy are increasingly interconnected. Addressing these challenges requires approaches that can bring together different forms of expertise, capital and action, and connect solutions on the ground with the systems and markets needed to take them to scale.
“The greatest challenge in addressing interconnected issues like climate, food, and health is not a shortage of promising solutions. It is creating the conditions for those solutions to scale. Philanthropy can play a unique role in making that happen by supporting the alignment of capital, expertise, and institutions around a shared vision for impact. Our collaboration with TPC and NO.17 is an effort to bring this to life – where philanthropy takes early risks, business helps drive scale, and government creates the enabling environment for lasting change. Together, we are building a platform that can accelerate progress across sectors and expand opportunity in Asia when we work collectively.” said Elizabeth Yee, Executive Vice President of Programs, The Rockefeller Foundation.
The collaboration reflects a shared intention to work across traditional boundaries, bringing together philanthropy and business, global and local institutions, and early-stage innovation and long-term scale, while recognizing that different challenges and opportunities require different approaches.
“Philanthropic capital has been generous and well-intended, and it is not a lack of conviction or capability. It is just that the capital that arrives does not stick or scale. We need to redirect capital to systems. Land, food, health and energy are interconnected. The question we need to ask ourselves is whether philanthropy, enterprise and investment can show up in the same place, at the same time, and stay long enough for impact to ground and sustain. We do not have all the answers, but we can co-create the possibilities together. This is what we are partnering with The Rockefeller Foundation,” said Sook Yee Tai, Chair, NO.17 Foundation.
The partnership will focus on exploring opportunities across land, food, health and energy, drawing on the organizations’ respective experience, networks and capabilities. It will also seek to engage a broader ecosystem of partners, including governments, businesses, investors, philanthropies, technical organizations and communities, where collaboration can help advance shared goals.
The Rockefeller Foundation and TPC / NO.17 Foundation will continue working together to identify opportunities for collaboration and develop the relationships, evidence and approaches needed to translate shared ambition into practical action.
About The Rockefeller Foundation
Investing $30 billion over the last 113 years to promote the well-being of humanity, The Rockefeller Foundation is a pioneering philanthropy built on unlikely partnerships and innovative solutions that deliver measurable results for people in the United States and around the world. We leverage scientific breakthroughs, artificial intelligence, and new technologies to make big bets across energy, food, health, and finance. For more information, sign up for our newsletter at www.rockefellerfoundation.org/subscribe and follow us on X @RockefellerFdn, Instagram @rockefellerfdn, YouTube @RockefellerFdn, and LinkedIn @the-rockefeller-foundation.
About TPC
TPC (Tsao Pao Chee) is a fourth-generation family business holding company headquartered in Singapore that is committed to empowering the Well-being and Happiness economy. TPC does this by supporting global connectivity and resilience through its supply chain and logistics activities, and well-being-focused activities aimed at fostering individual and collective growth. TPC’s purpose-led well-being business ecosystem comprises IMC Industrial, OCTAVE, and multiple non-profit organisations, including NO.17 Foundation, OCTAVE Institute, and Restore Nature Foundation, operating in unity to add value to life, with corporate offices in the People’s Republic of China, Thailand, Indonesia, and Japan. https://tsaopaochee.com/
About NO.17 Foundation
NO.17 Foundation is the nexus of capital, consciousness, and collaboration in the Well-being Era — the philanthropic heart of TPC (Tsao Pao Chee). Rooted in SDG 17: Partnerships for the Goals, NO.17 unites values-aligned funders, partners, and changemakers to catalyse systemic transformation. Through trust-based giving, regenerative coalitions, and strategic ecosystem building, we activate new forms of capital — financial, social, cultural, spiritual, institutional, ecological, and human — as a force for collective flourishing. https://17foundation.org/
About AT ONE IMPACT WEEK
AT ONE IMPACT WEEK is a global platform hosted by TPC and NO.17 Foundation, convening leaders to build the architecture of a Well-being Economy. Taking place in Singapore, it marks a shift from ideas to systems — where ecosystems are activated, infrastructures are shaped, and partners come together as builders. In 2026, anchored by the question, “What if love becomes infrastructure?”, AT ONE IMPACT WEEK is where the Well-being Economy moves from belief into built reality.
