Voluntary Organisations Emergency Fund
Voluntary Organisations Emergency Fund
An emergency fund for voluntary organisations has been launched to provide assistance to VOs in emergency situations as a direct result of COVID-19.
An emergency fund for voluntary organisation has been launched to provide assistance to Voluntary Organisations (VOs) in emergency situations as a direct result of the COVID-19 pandemic. This Fund is set to assist registered and compliant VOs by providing financial support in case of predicament or exceptional situations. More specifically, the Fund is aimed at:
(i) aiding VOs whose operations are related to, and essential for, the COVID-19 pandemic
(ii) support VOs which, due to the COVID-19 pandemic, may suffer irreparable damage to their organisation which may result in the closure of the same organisation
(iii) support VOs which, due to the COVID-19 pandemic, may face difficulties to retain and restart the operation at post pandemic stage
The Fund’s budget currently amounts to €125,000 and every voluntary organization may be given a sum of up to €5,000. The Fund is administered by the Malta Council for the Voluntary Sector. Applications for funding close on 31 July 2020. The Guidelines and application details are accessible.
Should you have any queries or wish to discuss further, please send an email to covid@kpmg.com.mt.
The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavour to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation.
© 2024 KPMG, a Malta civil partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International, a Swiss cooperative. All rights reserved.
KPMG International Cooperative (“KPMG International”) is a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm.