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A number of towns in Fife have a Common Good Fund which can be used for the benefit of the inhabitants of that town. The following Common Good Funds are administered by the Council: - Levenmouth Area: Buckhaven & Methil and Leven- Glenrothes Area: Leslie and Markinch- Kirkcaldy Area: Kirkcaldy including Dysart, Burntisland and Kinghorn- North East Fife Area: Anstruther, Crail, Cupar, Falkland, Newburgh, Pittenweem, St Andrews and St Monans- South and West Area: Consolidated Fund covering Dunfermline, Culross, Inverkeithing, Rosyth.The level of funds available varies significantly between the different Common Good Funds.

The Social Enterprise Just Transition Fund aims to finance organisations, businesses, communities and individuals to transition to net zero, creating jobs in low carbon industries and contributing to the region’s future prosperity.Applicants muse deliver again at least one of the following outcomes:- Decarbonisation and efficiencies: contribute to resource efficient and sustainable economic approaches that actively encourage decarbonisation, support low-carbon investment and infrastructure, and avoid carbon 'lock-in'- Citizens, communities and place: support affected regions by empowering and invigorating communities and strengthening local economies;- Jobs, skills and education: equip people with the skills, education and retraining required to support retention and creation of access to green, fair and high-value work- Fair distribution of costs and benefits: address existing economic and social inequality by sharing the benefits of climate action widely, while ensuring that the costs are distributed on the basis of ability to pay- Business and economy: support a strong, dynamic and productive economy which creates wealth and high quality employment across Scotland, upholds the UN Guiding Principles on Business and Human Rights, and continues to make Scotland a great place to do business- Adaptation and resilience: identify key risks from climate change and set out actions to build resilience to these risks, ensuring our economy is flexible, adaptable and responsive to the changing climate- Further equality and human rights: address fuel poverty and child poverty in a manner consistent with Scotland's statutory targets on each, while furthering wider equality and human rights across all protected characteristics- Environmental protection and restoration: commit to act within our planetary boundaries while protecting and restoring our natural environment.

The Culture Collective Fund is a Scottish Government initiative which supports a network of creative practitioners, organisations and communities, working together to create a positive difference locally and nationally.The Fund will support activity developed collaboratively between artists, organisations, and communities. It aims to make a positive impact locally and nationally by funding community-engaged creative work, providing paid opportunities for creative practitioners, and actively engaging people in shaping the future cultural life of their community.The programme began as a COVID-19 response and now continues to address wider challenges such as the cost-of-living crisis, climate change, and social inequality. It encourages sustainable, creative community development, evolving in response to emerging community ideas and needs, and supports learning across a national network.The Culture Collective Fund supports the following goals:- Empower communities to shape their cultural life through creative collaboration. - Create paid roles for creative practitioners to work with communities. - Support skills development and build community capacity. - Establish a national network to share learning and explore models of community-engaged creative practice. - Evaluate impact to inform future cultural policy and funding. Projects can start in April 2026 and run for up to 18 months.