The VWOs-Charities Capability Fund (VCF) aims to enhance governance and management capabilities of charities and Institutions of a Public Character (IPCs) through the following grants:

1. VCF Training Grant
2. VCF Consultancy Grant
3. VCF Shared Services Grant
4. VCF Info-Communications Technology (ICT) Grant

All exempt, registered charities and IPCs can apply for the VCF.

The VCF-ICT Grant covers the following:

1. Basic infrastructure components for charities which do not have the basic ICT setup:
   • 2 Computers
   • 1 Printer
   • 1 Broadband Account
2. Office automation tools
3. Website development costs on Content Management System to facilitate publishing of charity's information:
   • Charity's activities and programmes
   • Financial information
   • Annual reports
   • List of board members' profile
4. Desktop productivity and utility applications for charity's basic operational capabilities and for the adoption of Charities Accounting Standard (CAS), as well as the conversion of accounting systems to adopt CAS
5. Digital solutions - digitalisation efforts covering areas such as:
   • Accounting management
   • Bill and payment
   • Customer relationship management
   • Cyber security etc.