There are general conditions for using the government’s matching fund, to ensure it is not put to activities that are harmful to Singapore. The CMF is not to be put to any use that may
Table 1 below illustrates the conditions of use that govern the CMF.
|Amount raised per financial year||Use-conditions that apply to the equivalent
matching fund component
|First $300,000 raised||Organisations are to use the matching grant according
to the approved applied usage.
|Subsequent amounts raised (above $300,000)||Organisations are to use the matching grants for projects that
are aligned to culture sector priorities.
Culture sector priorities include projects that:
All CMF Matching Grants, regardless of the quantum of amount disbursed, cannot be used for items such as:
There are no conditions placed on the donations obtained from the donor. The organisation may use the donation at its discretion, or in line with the donor’s preference.
Organisations that have received the CMF should ensure:
The CMF Secretariat may appoint an external auditor to conduct a special purpose audit on the CMF’s use with any receiving Charity or IPC.
The following reports are submitted within six months from the close of your financial year:
If CMF funds are not utilised in accordance with the approved uses of the CMF, or in accordance with the conditions stipulated in the deed, the organisation will not be allowed to apply for future CMF grants. The Trustees also reserve the right to require the recipient(s) to refund to the CMF, all of any portion of CMF funds already disbursed, so that deserving organisations can benefit from the CMF.
The Ministry of Culture, Community and Youth (MCCY) launched a public consultation from 10 April to 10 May 2013 on the design of the Cultural Matching Fund (CMF).
|Key issues||Respondent recommendations||Reasons for
for the CMF
|Majority welcomes the Fund||There is a need to grow
|Eligibility of groups/
projects for the Fund
|The Fund should be restricted to non-profit
organisations (NPOs), Charities and Institutesof Public Character (IPCs)
|Ensures Accountability of public
of the Fund
|There should be as few restrictions on the uses/
targets of the funds as possible
|Allows for greater creativity
to best meet the caryingneeds of different groups
|Donations that qualify
|Preference to limit the matching to only
|Improves ease of valuation
and flexibility of use
|Fair distribution of
|Recommend a tiered matching cap according
to the size and background of the recipients
|Ensures accountable spending
and fair distribution of the Fund
More information can be found on our Detailed Summary of the recommendations received (includes our preliminary responses).