# Singapore American School

Singapore American School is an Endowment / Foundation based in Singapore, Singapore.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** Singapore, Singapore
- **Region:** Asia
- **Address:** 40 Woodlands Street 41, Singapore 738547
- **Founded:** 1956
- **Assets under management:** Undisclosed
- **Website:** www.sas.edu.sg
- **LinkedIn:** https://sg.linkedin.com/school/singapore-american-school

## Regulatory record

- **Reports private funds:** No

## About

Founded in 1956, Singapore American School operates as a non-profit, independent day school serving preschool through grade 12 from a 36-acre campus in Woodlands. Former Facebook co-founder Eduardo Saverin cemented his relationship with the institution through a S$20 million ($15 million) donation in 2024, the largest in the school's history. The gift flows through SAS Foundation Limited in Singapore and its US counterpart, the Singapore American School Foundation. The school's invested reserves function as a de facto endowment, overseen by an Investment Advisory Committee chaired by Archana Parekh, Head of Asia Equities at Balyasny Asset Management. Another committee member, Chester Lee, invests for Harvard Management Company. The portfolio's asset-class mix, deployment volume, and specific fund or direct holdings are not publicly disclosed. The institution's real asset footprint is concentrated in its Woodlands campus property and adjacent land. SAS serves over 4,000 expatriate and local students with an American-curriculum education, maintaining accreditation through the Western Association of Schools and Colleges. It participates actively in regional networks including the Interscholastic Association of Southeast Asian Schools and the East Asia Regional Council of Schools. In May 2024, Saverin's gift marked a step-change in SAS's philanthropic capacity and signaled deeper ties between the institution and its most prominent benefactor. SAS blends an operating school with an endowment-like reserve pool advised by institutional investors from Balyasny and Harvard Management Company—a governance structure more typical of a US university than a Southeast Asian international school. The Saverin gift plus professionalized investment oversight create a balance-sheet profile that anchors long-term campus strategy in a way few peer international schools replicate.

## Sectors

- Education
- Real Estate

## People

- Tom Boasberg — Superintendent
- Ehab Abou-Oaf — Board Chair
- Archana Parekh — Chair of the Investment Advisory Committee
- Chester Lee — Member of the Investment Advisory Committee

## Questions

### Who oversees investment decisions at Singapore American School?

The Investment Advisory Committee sets policy and oversees the invested reserves. Archana Parekh, Head of Asia Equities at Balyasny Asset Management, chairs the committee. Chester Lee, who invests for Harvard Management Company, also serves on it. The school does not disclose the full committee roster or the named individuals who execute trades.

### How is SAS's endowment structured differently from a US university's?

SAS is not a degree-granting university but operates an invested reserve pool that functions like an endowment. Its investment oversight comes from a lean committee staffed by institutional investors at firms such as Balyasny and Harvard Management Company. Structurally it blends an operating K-12 school with a permanent capital base, without the typical university layers of a full-time CIO or internal investment staff.

## Related profiles

- [SingAlliance](https://altss.com/profile/singalliance)
- [Singapore Angel Network](https://altss.com/profile/singapore-angel-network)

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Last updated: 2026-06-03T20:00:00.000Z

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