Funding for projects on culture and information come principally from the ASEAN Cultural Fund. Several projects, however, have also been funded by ASEAN's Dialogue Partners.

The ASEAN Cultural Fund (ACF), established in 1978, is open for contributions from the members of ASEAN, other countries, international bodies and other agencies.

An Advisory Group composed of officials of ASEAN countries who are involved in the management of foreign exchange reserves advises the ASEAN Secretariat on the management of the ASEAN Cultural Fund. The ACF is managed by professional investment managers who report to the Advisory Group. The Fund yields an annual income of about US$ 2 million which is used to finance the projects on culture and information.

The administration of the ASEAN Cultural Fund is vested in the ASEAN Secretariat, subject to the final authority of the ASC. The ACF is subject to audit by the ASEAN Audit Committee which conducts the audit from time to time. The ACF has two separate accounts, one for the capital fund and the other for the operation of the fund.