The Department of Treasury and Finance provides executive support to the Tasmanian Community Fund Board. Two full-time officers are responsible to the Board for the day-to-day management of the Fund, with other support provided in finances and website maintenance. The Board provides grants to community organisations and is independent of government.

Since establishment, the Board has allocated over $44 million to 1 186 projects in all areas of Tasmania. In 2008–09, the Board allocated $9.1 million to 209 projects.

Some of the grants awarded in 2008–09 were:

• $62 802 to Live Free Tassie Teen Challenge Tasmania Inc to renovate and upgrade buildings to enlarge client capacity and develop farming infrastructure generating greater self sufficiency for Tasmania’s only youth-specific residential drug treatment program.
• $13 220 to the Multiple Sclerosis Society of Tasmania to develop an interactive website which will open up communication and information for people who are living with multiple sclerosis.
• $12 654 to Burnie Community House Inc to install a new kitchen at the Burnie Community House.
• $42 950 to St Giles Society Inc for the development of behavioural support programs to support parents and siblings dealing with behavioural and developmental issues within their family, and to minimise family breakdown and the pressure on the education system.
• $177 200 to Whitelion Incorporated to provide at-risk young people with supportive, positive relationships with appropriately screened, accredited and trained adult mentors.
• $7 191 to the Central Highlands Council for the upgrade of the Hamilton recreation ground kitchen facilities to enable registration as a food premise and to provide an outdoor function venue for the community and clubs/bodies to utilise.