In addition to the C4C programme, the FM will also contract between 5-6 individuals as financial mentors. They will be identified to provide financial mentoring and support to CSOs in order to create a culture where these CSOs invest in robust financial management skills (both people as well as software) to make the most of their money. Focus will also be on the appropriate accounting and reporting of grant funds. Mentors will have appropriate accounting qualifications and possibly previous experience working with CSOs.
This group of mentors will be incorporated into the CSF Fund Manager’s Team as staff (part-time and intermittent; on a needs basis). They will receive training and capacity development in adapting their skills to supporting the CSO sector from a specialised provider, in close consultation with the FM’s own financial management team.