About the Shared Services Grant   Funding Quantum   Shared Services Grant Application Form

About the Shared Services Grant

This grant provides co-funding for charities which outsource their finance and accounting functions to iServe. iServe which stands for Integrated Shared-services for Excellence, is a Shared Services Programme delivering finance, accounting, payroll and procurement shared services for the charity sector.   Find out more about iServe.   What is Covered?   The following financial services are provided:     Accounts Payable   Accounts Receivable   Asset Management   Journal Adjustment   Financial & Management Reports   Audit Management   Procurement (optional)   Payroll (optional)   Detailed Scope of Services   Frequently Asked Questions about iServe

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Funding Quantum

Approved applications are co-funded up to the quantum specified herein:

Funding Period Funding Quantum Capped at Finance and Accounting Shared Services provided by iServe    1 Oct 2011 to 30 Sep 2012 Up to 25% of Monthly Charge $100,000 per charity over 3 years (1 Oct 2009 to 30 Sep 2012) Finance and Accounting Shared Services From 1 Oct 2012 Up to 25% of Monthly Charge for 2 years $100,000 per charity over 2 years

Funding will be disbursed upon VCF Secretariat's receipt of the reimbursement claim by

charities, supported with the certified true copy of the vendor's invoice.

Shared Services Grant Application Form

Charities should submit the Shared Services Grant application form to the VCF Secretariat at least 1 month before the service commences to be eligible for funding.   Download Shared Services Grant Application Form (in MS Word format)   Download Data Migration Service Application Form (in MS Word format)

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