The principle objective of the Fund is to raise and maintain funds for the purpose of assisting persons in need that are or have been members of the Institute and their spouses or dependents. The Fund also targets to provide critical medical care to members within Zambia on a case by case basis. However, due to constraints in financial resources the assistance is restricted to payment of school fees for children of deceased members.

The fund depends on volunteers for all its administrative work including honorary audit services provided by HLB Reliance.

The major sources of income for the Fund include contributions by members, donations and interest on investments. The income is invested in interest bearing financial instruments. The Fund assists beneficiaries by awarding educational grants to children of deceased members.