The Chater Masonic Scholarship Fund (CMSF) is a fully-fledged charity, governed by statute. Its giving programme is currently aimed at assisting students from Primary to Tertiary level schooling.
For the moment, its funds are deemed as 'adequate' but this is a situation that is closely monitored by the President and his Deputy. As with the HKFEMBFC, CMSF is a 'tri constitution' organisation.