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Financial Management Service Foundation

Financial Management Services (FMS) was established and started functioning since 1st January, 1995. Later, in the year 2000, FMS became Financial Management Service Foundation (FMSF). Since then, we have been involved in building capacities of Development Organizations in the areas of Governance, Financial Management and Legal Compliances.

We at FMSF, believe that “accountability” of development organizations is of paramount significance and therefore, we strive to enhance the same through our various initiatives and activities.

What we do

FMSF provides a comprehensive range of services and resources to build robust systems and enhance organizational effectiveness by focusing on the areas of Governance, Financial Management and Legal Compliances.

Project Accompaniment
System Review and development
Trainings and Workshops
Online Courses
Self-Assessment Rating Tool -
Information Dissemination

Our Vision

We aspire for a reality in development co-operation where there will be overall and wholistic accountability among all the constituencies


Our Mission

FMSF is a resource organization which seeks to promote accountability in South Asia by

  • Enhancing the capacity of partners and development stakeholders in financial management & Governance.
  • Advocating Social Accountability through networking and influencing policies.
  • Research & Information Dissemination


Our Trustees

The Board leads the organization. It has the ultimate authority for directing the affairs of the organization and to ensure that the objective for which it has come is being achieved.

Composition: FMSF has a highly multi-skilled Board of Trustees.

Chairperson - Ms. Rosemary Viswanath

She is an Organizational Development expert having rich experience in the Voluntary Sector. She is a Post Graduate Diploma in Management from Indian Institute of Management, Bangalore with dual specialization....

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Trustee - Mr. C.B. Samuel

He is an experienced resource person and is heading a network of voluntary organizations known as PRABHAAV. He has been involved in various mentoring and counseling processes.....

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Trustee - Prof. Vidya Rao

She is the professor of the Department of Social Welfare Administration at the Tata Institute of Social Sciences,(TISS) Mumbai. She has done her Master’s in Social Work from University of Michigan, USA, & ...

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Trustee - Prof. Virginus Xaxa

Prof. Xaxa is an eminent academician and scholar of sociology who has been involved in developmental academics for more than 30 years. He is an alumnus of IIT, Kanpur from where he awarded his Ph.D for .....

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Trustee - Rev. Roger Gaikwad

Rev. Dr. Roger Gaikwad is a Theologian and an ordained Methodist & Presbyterian Minister having a rich experience of serving in diverse capacities and currently being the Director of Theological Education,.....

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Our Team

FMSF has a multi-skilled and multi-faceted operational team of 16 members with qualifications and experiences from diverse backgrounds. The Team comprises of Chartered Accountants, MBAs & MCAs who make valuable contributions to the functioning of the team as well as the organization. The expertise of the team lies in capacity building, training, legal issues, research and monitoring of projects.

Executive Director – Dr. Sanjay Patra

Sanjay has experience of 25 years in the Voluntary & Development Sector. He is currently the Executive Director of the Financial Management Services Foundation (FMSF) and has served ....

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Director - Finance & Administration - Ms. Anuradha Singh

Anuradha is responsible for Finance and Administration in FMSF. As a Director - Finance & Administration, Ms. Singh prides herself on her ability to work in FMSF since 1994. She has effectively performed....

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Director - Programs - Mr. Sandeep Sharma

Sandeep is working as Director - Programs in Financial Management Service Foundation. He is overall responsible for the various programs being run and implemented by FMSF which also includes the monitoring.....

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Sr. IT & Admin Officer - Ms. Renu Arora

Renu has been associated with FMSF since 2002 and is working as a Sr. IT and Admin Officer. She holds a Bachelor's Degree in Commerce and Professional Degree in Computer Science (MCA) and Business ...

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Sr. Grant Management Officer - Mr. Benz Chellakkon

Benz is working with FMSF as Sr. Grant Management Officer. He is a dynamic professional with over 16 years of various service industry exposure including development sector ...

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Manager - Grant Management - Ms. Sapna Singh

Sapna is working as Manager - Grant Management in Financial Management Service Foundation. She has more than ten years of experience in the development sector. She holds a bachelor's. ....

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Sr. Grant Management Officer - Mr. Abhisek Dutta

Abhisek has been working with FMSF as a Sr. Grant Management Officer. He is a part of the monitoring team and monitors programmes for BftW, Germany.

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Finance Manager - Mr. Lalatendu Samantha Singhar

Lalatendu has been working with FMSF since October 2010 as a Finance Manager. His areas of competencies are finalization of Accounts, handling of accounts, audit queries and related matters ....

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Grant Management Officer - Ms. Susmita Sarkar

Susmita is working with FMSF as Grant Management Officer. She comes from the beautiful city of Guwahati. She has done her Masters in Accounting & Finance............

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Capacity Building Officer - Ms. Parul

Parul has joined FMSF as a Capacity Building Officer. Parul is qualified CMA who has experience in Internal Audit & Risk advisory, statutory audit, United Nations Audit.She has partially completed her ICAI and has degree in B.Com from Delhi.............

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Grant Management Officer - Mr. Lijomon Joy

Lijomon Joy is a development professional working with FMSF since November 2016 as a Grant Management Officer. He has over 8 years of experience in development sector and during this period he has dealt with varied nature of work ......

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Grant Management Officer - Ms. Sheetal Salila Jachuck

Sheetal has been working with FMSF since January 2017 as a Grant Management Officer. She has completed her Masters in Social Work from Utkal University and is a graduate in ............

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Grant Management Officer - Ms. Mohini chaudhary

Mohini Chaudhary is associated with FMSF since September 2017 as a Grant Management Officer. She is mainly monitoring the BftW funded projects in ............

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Annual Reports

Annual Report 2018-19
Annual Report 2019 - 2020
Scaling Development Effectiveness
Annual Report 2018 - 2019
Annual Report 2016-17
Annual Report 2017 - 2018
Channelizing Development
Annual Report 2015 - 2016
Journey Continues
Annual Report 2014 - 2015
Accompanying Development Process in South Asia
Annual Report 2013 - 2014
Building Capacity for Greater Accountability
Annual Report 2012 - 2013
Strengthening the Core
Annual Report 2011 - 2012
Towards Responsible Stewardship
Annual Report 2010 - 2011
Looking within ...
Annual Report 2009 - 2010
Celebrating our journey together.....
Annual Report 2008 - 2009
Promoting Development Effectiveness
Annual Report 2007 - 2008
Creating Synergies
Annual Report 2006 - 2007
Social Accountability Report
Annual Report 2005 - 2006
One notch higher - raising the bar
Annual Report 2004 - 2005
Reflection 2003 - 2004
Annual Report 2003 - 2004
Annual Report 2002 - 2003

Financial Data


Quaterly Foreign Grant received by FMSF

Financial Year Quater Foreign Grant Received
2019 -2020 July - September 2019 View
April - June 2019 View
2018 -2019 January - March 2019 View
October - December 2018 View
July - September 2018 View
April - June 2018 View
2017 -2018 January - March 2018 View
  October - December 2017 View
  July - September 2017 View
  April - June 2017 View
2016 -2017 January - March 2017 View
October - December 2016 View
July - September 2016 View
  April - June 2016 View
2015 -2016 January - March 2016 View
  October - December 2015 View

Financial Statement(FC) for the Financial Year including Balance Sheet, Receipts & Payment Accounts, Income & Expenditure Statement

Financial Year
Financial Statement
2016 -2017
2015 -2016
2014 -2015
2013 -2014
2012 -2013
2011 -2012
2010 -2011

Financial Statement (Organisational) for the Financial Year including Balance Sheet, Receipts & Payment Accounts, Income & Expenditure Statement

Financial Year
Financial Statement
2018 -2019
2017 -2018
2016 -2017