Allocation Strategy and Process
Allocation Process
Allocation Strategy
Allocation Strategy
We allocate funds raised for quality and effective services that make a measurable difference for people in need.
Allocation Process
The Chest's allocation process starts with the Admissions, Budgets and Allocations Committee (ABAC). Served by volunteers from different sectors, ABAC ensures that funds are distributed fairly, objectively and with consideration for their best use.
Admission Process
To be able to receive funding from the Chest, an organisation must be admitted as a member agency first.
Admission Criteria
All admission applications will be vetted by ABAC according to a rigorous vetting procedure,
which includes fact-finding visits to the offices or service centres of the applicants.
*Interested organisations can email the Chest Office at chest@commchest.org for further details.
which includes fact-finding visits to the offices or service centres of the applicants.
*Interested organisations can email the Chest Office at chest@commchest.org for further details.
Budget Process
Based on the previous year's fundraising result, an allocation budget for the coming year will be set around June each year. Member agencies will be invited to submit their project proposals with funding requirements and expected outputs and outcomes.
Allocation Decision
By carefully reviewing programme descriptions, budgets, proposed outputs and outcomes, and performance reports, ABAC ensures that donations are spent on programmes that achieve measurable results in areas that address local social needs through a fair, transparent and accountable allocation process.
Monitoring
Member agencies are required to submit their progress reports, bi-annual reports, annual reports, annual audited accounts and management letters to the Chest. Funding will be withheld if member agencies cannot submit the required documents or cannot provide satisfactory answers to queries concerning the submitted documents.
As part of its monitoring exercise, the Chest Office will arrange visits to member agencies and review their services on a regular basis.
As part of its monitoring exercise, the Chest Office will arrange visits to member agencies and review their services on a regular basis.