The Central Co-operative Fund (CCF) is a fund set up under the Co-operative Societies Act (Act). It is administered as a trust fund under the Minister for Culture, Community and Youth.
The Minister for Culture, Community and Youth appoints the CCF Committee for the purpose of overseeing the CCF. The current Committee is serving a three-year term effective from 1 March 2018 and comprises the following individuals:
Mr Tan Kian Chew (Chairman)
Chairman, Centre for Seniors
Mr Desmond Chin (Member)
Executive Director, Registry of Co-operative Societies
Mr Ma Wei Cheng (Member)
Former Advisor, Amalgamated Union of Public Employees (AUPE)
Mr Yoong Ee Chuan (Member)
Treasurer, Ngee Ann Polytechnic Consumer
Co-operative Society Limited
The Singapore National Co-operative Federation (SNCF), the co-operative industry body, is the appointed Secretariat to the CCF Committee.
It is established under the Act for co-operatives to make the following contributions:
Contribution tier | Annual surplus |
Contribution |
Contributions to be made |
1st tier | First $500,000 | 5% | CCF |
2nd tier | Amount in excess of $500,000 |
20% | CCF or Singapore Labour Foundation (SLF)* |
*Co-operatives opting to contribute to SLF have to inform the Registrar in writing. The letter has to be signed off by the co-operative’s Chairman, Secretary or Treasurer.
Co-operative contributions to the CCF for the financial year ended 31 March 2020 was $3.3 million and co-operative contributions to the SLF for the financial year ended 31 December 2019 was $72.2 million.
The following graphs illustrate the breakdown of the contributions to CCF and its expenditure for the financial year ended 31 March 2020 (FYE2019) and the 3-year trend.
Breakdown for FYE2019
Contributions: $3.3 million; Expenditure: $3.2 million
3-Year Trend - FYE2017 to FYE2019
The Central Co-operative Fund (CCF) can be used to further co-operative education, training, research, audit and for the general development of the co-operative movement in Singapore. The CCF supports the development and growth of our co-operatives through the provision of CCF grants.
The CCF Grants Framework is made up of four components:
For more information on the individual grants, please click here.
Who can apply?
Co-operatives registered with the Registry of Co-operative Societies can apply for the CCF grants.
How to apply?
Click here to apply.
All applications for the CCF grants should be submitted to the CCF Secretariat. Approval of applications is subject to applicants meeting the requisite conditions and its submission of required documents.
Who to contact?
To find out more about the CCF grants, please contact the CCF Secretariat at:
Email: sncf@sncf.org.sg
Tel: 6602 0747
Address:
CCF Secretariat
Singapore National Co-operative Federation
510 Thomson Road
#12-02 SLF Building
Singapore 298135
In addition to the CCF grants which are available to all co-operatives, the CCF is also used to provide bursaries and scholarships, implement outreach programs and strengthen the industry capability and standards. Some of these programmes run by Singapore National Co-operative Federation (SNCF) include: