VCF Consultancy Grant provides co-funding for the engagement of external consultants for governance and management consultancy projects.
The grant covers consultancy projects by external consultants to improve key governance and management areas, for example, conducting a review on policies covering regulatory compliance, internal controls and governance best practices.
Click here for a list of pre-approved consultancy programmes.
For Small and Medium Charities: Approved applications are co-funded for up to 80% of the supported costs or 80% of the actual expenditure, whichever is lower. Funding is capped at $100,000 per charity over 5 years (from 1 April 2017 to 31 March 2022).
For Large Charities: Approved applications are co-funded for up to 80% of the supported costs or 80% of the actual expenditure, whichever is lower. Funding is capped at $50,000 per charity over 5 years (from April 2017 to 31 March 2022).
50% of the approved funding will be disbursed upfront, upon the signing of the VCF funding agreement. The remaining amount will be disbursed when the final evaluation report has been received and evaluated by the VCF Secretariat.
Charities should submit their applications online at least 1 month before the commencement of the project.
For the purpose of determining the size of charity for VCF grant applications, the size of charity is based on the following criteria.
With effect from January 2019, charities which wish to apply for the Consultancy Grant will need to submit their applications within the following periods:
In view of the high demand for consultancy grants, the application periods are implemented for more effective monitoring and assessment of grant applications; and to enable prioritisation of funding allocation. Applications for consultancy grants outside the stated windows will not be processed and applicants will be informed to submit a fresh application during the stipulated periods.
Charities may submit their VCF Consultancy Grant applications online with their preferred vendor's quotation. For project costs exceeding $6,000, charities should attach 3 quotations of comparable scope.
All applications for the VCF Consultancy Grant should be submitted to the VCF Secretariat before the project commences, including purchase contracts/engagement letters which the charity entered into with the vendor, to be eligible for the funding.