Finance Score: -2
Governance Score: 5
Support Score: 12
  • Good reserves management: +3
  • Multiple Deficits: -2
  • Fundraising costs high: -3
  • 12+ Trustees: -1
  • Dynamic board: +3
  • Gender balanced board: +3
  • Grant maker support: +12
Overall GiG Score: 15 ?

THE PRINCE'S TRUST 

The Prince's Trust's vision is that every young person should have the chance to succeed and its mission is to help young people transform their lives by developing the confidence and skills to live, learn and earn.
Analysis by Giving is Great

Positives:

  • Reserves management has been consistently within official guidelines
  • A significant proportion of recent income was derived from major grant makers including the Government
  • The Board appears to be well diversified in terms of gender and dynamic in terms of composition

Regulatory & Governance issues to consider:

  • There are 13 trustees whereas the Charities Commission recommends a maximum of 12
  • Over half the Board have joined recently

Financial issues to consider:

  • On several occasions in recent years income has been less than spending
  • Fundraising costs are high relative to funds raised

Financial Data ?

Income & Spending ?
Sources of Income ?
Y/E Income
£k
Spending
£k
Surplus/
Deficit
Fundraising
Cost £k
Total
Funds £k
Unrestricted
Funds £k
Mths
Rsrvs
Staff Volun-
teers
31/03/23£68,010£81,430£-13,420£15,488£77,360£41,02761,2372,013
31/03/22£78,693£71,150£7,543£12,562£88,681£46,5237.81,1431,984
31/03/21£72,271£69,091£3,180£11,738£76,506£48,6778.51,1742,800
31/03/20£75,946£77,302£-1,356£15,101£65,720£38,84661,1395,978
31/03/19£67,407£69,922£-2,515£13,272£58,013£44,6607.71,1075,500
31/03/18£72,892£71,150£1,742£11,908£56,551£43,9087.41,2050
31/03/17£70,894£67,835£3,059£11,869£54,015£44,1017.81,1860
31/03/16£69,983£65,071£4,912£10,496£49,405£43,25381,1300
31/03/15£66,026£63,063£2,963£10,461£42,445£32,5136.21,1150
31/03/14£60,583£63,517£-2,934£11,094£38,749£28,5525.41,2020
31/03/13£57,699£57,778£-79£10,434£40,908£31,3356.51,0380
31/03/12£55,337£55,468£-131£12,394£39,591£34,4937.59650
31/03/11£39,599£39,116£483£9,030£34,847£29,8759.26290
31/03/10£36,395£38,289£-1,894£8,238£33,458£28,4228.96440
31/03/09£42,276£44,886£-2,610£8,992£32,301£25,2556.86950
31/03/08£44,765£42,791£1,974£8,219£37,299£27,9477.86530
31/03/07£45,008£41,308£3,700£5,376£35,972£28,2838.26880
31/03/06£56,877£40,881£15,996£0£0£0n/a00
31/03/05£42,563£39,602£2,961£0£0£0n/a00
31/03/04£46,473£47,024£-551£0£0£0n/a00

Financial Ratios
Fundraising Costs/Relevant Income: 26.5%
Fundraising Costs/Total Spending: 19.1%
Senior Staff Costs/Total Spending: 7%
Highest pay band: £150,000-£200,000
Liabilities/Assets: 17%
Liabilities/Income: 23%
Unrestricted Funds/Total Funds: 53%
Reserves/Spending: 6 months
Net Current Assets/Spending: 2 months
Quick Ratio: 1.5
Asset Split ?
Established: 24 years
(54 years as a company)

www.princes-trust.org.uk

customer.services@princes-trust.org.uk

02075431234

Charity Commission for England and WalesCompanies HouseFacebookInstagramX
UN SDGs
?
Listed activities
  • Amateur Sport
  • Economic/Community Development/Employment
  • Education/Training
  • General Charitable Purposes
  • Other Charitable Purposes
  • The Prevention Or Relief Of Poverty
GiG Classification
  • Emotional support, counselling or therapy
How it operates
  • Acts as an umbrella or resource body
  • Makes Grants to Individuals
  • Other charitable activities
  • Provides advocacy/advice/information
  • Provides buildings/facilities/open space
  • Provides other finance
  • Provides services
  • Sponsors or undertakes research
Where it operates
  • Australia, Canada, New Zealand, Northern Ireland, Scotland, Throughout England And Wales, United States,
Who it helps
  • Children/Young People
  • Other Charities Or Voluntary Bodies
  • Other Defined Groups
  • People Of A Particular Ethnic Or Racial Origin
  • People With Disabilities
  • The General Public/Mankind

Who's supporting them? ?

Donations from Grant Makers ?

We have details on the following significant donations. Multi-year donations are allocated to the years for which they are earmarked.

Major supporters in last 5 years
Department of Health£2,642,781
Wolfson Foundation£700,000
CAF£500,000
Garfield Weston Foundation£500,000
Specific Donations
Amount When
Months
To be used for
The Shears Foundation - The Prince's Trust
£45,000 19/12/2023
The Prince's Trust Enterprise Programme (in the North of England)
Community Foundation serving Tyne & Wear and Northumberland - Grant to The Prince's Trust
£60,000 03/04/2023
Supporting the skills development of young people living in newcastle over a four-year period
Cheshire Community Foundation - Grant to The Prince's Trust
£12,500 23/03/2023
Grant to The Prince's Trust
CAF - Grant to The Prince's Trust
£500,000 11/11/2022
Sector partner grant
The Shears Foundation - The Prince's Trust
£15,000 31/10/2022
The Prince's Trust Health and Social Care Project, North of England
National Lottery Community Fund - Development Awards
£9,920 08/07/2022
The Prince’s Trust is using a £9920 grant to support young people in Belfast from minority backgrounds to re-enter education employment or training. The money will purchase equipment and provide ....more
Garfield Weston Foundation - Multi-Year Grant (3 Years) award
£500,000 01/04/2022
Relaunch of Explore Programme
Essex Community Foundation - Grant to The Prince's Trust
£500 10/03/2022
To provide Development Awards for young women in Essex to access education, training or employment.
Co-Operative Group - Princes' Trust
£100,000 01/03/2022
Grant to support thousands of young women gain access to vulnerable support with mental wellbeing and employment as well as acees to food for those living in extreme hardships.
CHK Foundation - CHK Discretionary Grant
£20,000 06/08/2021
to support specified work
Community Foundation serving Tyne & Wear and Northumberland - A grant to The Prince's Trust
£28,000 08/07/2021
Supporting NEET young people through the TEAMs programme Year 4
Essex Community Foundation - Grant to The Prince's Trust
£520 09/06/2021
To provide Development Awards for young women in Essex to access education, training or employment.
The Aim Foundation - Grant to Prince's Trust
£75,000 19/04/2021
36
A new 3 year geant for training young peoole in Essex around self-employment and apprenticeships.
DCMS - The Princes Trust: Get Started with Cyber Security Pilot
£33,501 01/04/2021
This business case requests £33,500.81 including VAT to go to the Princes Trust to deliver a cyber specific version of their Get Into programmes, which will be run as a pilot for 24-30 young people ....more
Quartet Community Foundation - Grant to Prince's Trust
£250 08/03/2021
As requested by the donor to help vulnerable young people get their lives on track
Home Office - Stephen Lawrence Day
£25,000 01/03/2021
To grant fund the Stephen Lawrence Charitable Trust to establish the governance, strategy and plan to deliver Stephen Lawrence Day in accord with the Prime Ministers announcement on the 25th ....more
Suffolk Community Foundation - Positive Pathways
£17,120 17/02/2021
11
Towards their Positive Pathways project which will provide two Get Ready programmes and two Get Into programmes for vulnerable young people in Ipswich aged 16-30.
Suffolk Community Foundation - Get Started with Creativity, Communication and Radio
£6,189 12/02/2021
3
Towards the cost of running a 12-day Get Started programme for 17 young people themed around creativity, communication and radio.
National Lottery Community Fund - Covid-19 Development Awards
£9,920 29/01/2021
11
The Prince’s Trust is using a £9920 grant to support 62 young people aged 16-30 from across Northern Ireland who need additional help to access employment due to challenges from COVID-19. The ....more
CareTech foundation - Careers in Health and Care
£225,000 25/01/2021
The Prince?s Trust, together with the NHS and Health Education England, will support a further 10,000 young people into careers within the NHS and wider health and social care sector. The programme ....more
Prudence Trust - Get Started with Arts programme
£450,000 21/01/2021
Provision of arts-based programmes for young people under the Get Started with Arts programme
The Wimbledon Foundation - Employability Work Support
£50,000 09/11/2020
A contribution towards Prince's Trust's suite of employability support for young people to include mentoring, online training sessions and development awards.
Westminster Foundation - Covid 19 response Fund
£50,000 18/06/2020
6
COVID-19 support towards the Development Awards Scheme,
CHK Foundation - CHK Discretionary Grant
£20,000 16/06/2020
to support work with young people
City Bridge Trust - Grant to The Prince's Trust
£23,383 19/05/2020
A grant of £23,383 to fund the essential and urgent costs outlined in the appliciation, so that the organisation can carry on providing support to Londoners.
Community Foundation Tyne & Wear & Nthmbrlnd - Supporting NEET young people through the TEAMs programme Year 3
£28,000 02/04/2020
Supporting NEET young people through the TEAMs programme Year 3
Community Foundation Tyne & Wear & Nthmbrlnd - Supporting local youth programmes Year 4
£25,000 02/04/2020
Supporting local youth programmes Year 4
Bedfordshire and Luton Community Foundation - Grant to The Prince's Trust
£85,937 30/01/2020
11
Luton First
CHK Foundation - CHK Main Grant
£40,000 15/01/2020
towards the Fairbridge Programme
The Aim Foundation - Grant to Prince's Trust
£15,000 15/01/2020
12
one off grant rtowards Get Started Games DesignProgramme
Suffolk Community Foundation - Positive Pathways
£19,250 13/12/2019
22
To fund Positive Pathways programme.
Wolfson Foundation - Grant to The Prince's Trust
£700,000 05/12/2019
New centre in Cardiff to create a youth employment and enterprise hub for disadvantaged young people
Quartet Community Foundation - Grant to Prince's Trust
£200 18/10/2019
As requested by the donor towards support for young people
Department of Health - Princes Trust
£2,642,781 21/06/2019
[Refer to IWS folder: 2018 Policy grants - 2018/073]widening participation proposal for the NHS workforce
Essex Community Foundation - Get Inspired
£10,000 31/05/2019
To pilot a new mentoring initiative in the Tendring area to help vulnerable young people at risk of offending
Garfield Weston Foundation - Major Grants award
£2,000,000 22/05/2019
New London Centre
Quartet Community Foundation - Grant to Prince's Trust
£2,500 26/04/2019
As requested by the donor towards raising funds for the Prince's Trust's work in Bristol.
Community Foundation serving Tyne & Wear and Northumberland - Supporting local youth programmes Year 3.
£25,000 01/04/2019
Supporting local youth programmes Year 3.
Community Foundation serving Tyne & Wear and Northumberland - Supporting NEET young people in the North East through the TEAMs programme Year 2
£28,000 01/04/2019
Supporting NEET young people in the North East through the TEAMs programme Year 2
Staples Trust - 'Women Supporting Women' programme
£100,000 18/10/2018
'Women Supporting Women' programme - to support young women accessing the Fairbridge Programme.
Suffolk Community Foundation - Pathways to Employment
£9,794 11/09/2018
11
Towards delivering their 'Get Into' employment' project in Waveney to inspire and empower 12 young people to take up employment opportunities.
Quartet Community Foundation - Grant to Prince's Trust
£2,500 06/07/2018
As requested by the donor towards raising funds for the Prince's Trust's work in Bristol.
Community Foundation serving Tyne & Wear and Northumberland - Supporting NEET young people through the TEAMs programme Year 1
£28,000 14/06/2018
Supporting NEET young people through the TEAMs programme Year 1
Essex Community Foundation - Movement to work
£8,933 09/01/2018
7
To support a Get into Customer Services and Logistics employment programme for young people in Thurrock in partnership with DP World
Community Foundation serving Tyne & Wear and Northumberland - Supporting local youth programmes Year 2
£25,000 04/01/2018
Supporting local youth programmes Year 2
Co-Op Foundation - Get Started
£70,000 20/11/2017
Delivering skills workshops in the South of England, including one with young offenders, followed by up to 6 months of individual support.
The Blagrave Trust - Portsmouth Prince's Trust programmes
£150,000 08/11/2017
Support to help young people stay in school, get a job or start their own business
County Durham Community Foundation - The Prince's Trust Achieve Programme
£25,000 18/10/2017
To support The Prince’s Trust to continue to deliver alternative education provision for those who need help the most in Co Durham.
Co-Op Foundation - Get Started with Art
£20,000 13/10/2016
Delivering Art workshops in the South of England, followed by up to 6 months of individual support.
National Lottery Community Fund - The Prince's Trust Youth Employment & Enterprise Hub
£533,397 17/03/2016
36
This project will help young people aged between 14 and 30 to secure progress to jobs and self employment across the Clyde Valley.
National Lottery Community Fund - Fairbridge Local
£250,000 17/09/2015
36
Fairbridge Local
National Lottery Heritage Fund - Grant to The Prince's Trust
£16,700 19/12/2014
Hadrian's Heritage
Tuixen Foundation - Core grant to The Prince's Trust
£15,000 02/07/2014
The Prince's Trust works with disadvantaged young people aged 13-30 to help them into work, education, self-employment or training. The Fairbridge Project trains the most marginalised young people so ....more
National Lottery Community Fund - Prince's Trust Community Hub - Feasibility Study
£10,000 04/06/2014
12
Not Available
Nesta - AC00401
£50,000 31/03/2014
Digital Education programme grant to The Prince's Trust Grant Ref AC00401
National Lottery Heritage Fund - Grant to The Prince's Trust
£13,400 20/12/2013
Tracing the Tees
Barrow Cadbury Trust - Prince's Trust T2A Pathway
£150,000 26/10/2013
Prince's Trust T2A Pathway
National Lottery Community Fund - Empowerment not Exploitation: positive diversionary activities for vulnerab
£306,316 08/10/2013
36
A new project by The Prince's Trust will be delivered in Blackburn with Darwen and Hyndburn. The project will offer young people affected by child sexual exploitation positive diversionary ....more
Tuixen Foundation - Core grant to The Prince's Trust
£15,000 01/07/2013
The Prince's Trust works with disadvantaged young people aged 13-30 to help them into work, education, self-employment or training. The Fairbridge Project trains the most marginalised young people so ....more
National Lottery Community Fund - Fulfilling Futures in Tower Hamlets
£299,017 13/03/2013
48
This is a new project, with elements based on current provision, which will be delivered by The Prince's Trust in Tower Hamlets, London. The aim is to improve the confidence, self-esteem, work ....more
National Lottery Community Fund - Creating a sense of belonging in Blackpool
£299,105 13/03/2013
36
This new three year project will reach out to disengaged young people of Blackpool and create opportunities which young people can access in order to increase their practical and personal skills and ....more
National Lottery Community Fund - Talent Match Vision & Prospectus - The Prince's Trust Greater Lincolnshire
£1,160,446 01/02/2013
72
The project will employ three youth advocates to cover the four delivery hotspots. They will provide personalised one-to-one support, facilitation for groups of young people and employers in each ....more
National Lottery Community Fund - Talent Match Vision & Prospectus - The Prince's Trust Tees Valley
£1,510,574 01/02/2013
72
The project will concentrate on personal support for the young people through advocates skilled in local interventions. Use will be made of existing provision where appropriate, with the advocates ....more
National Lottery Community Fund - Talent Match Vision & Prospectus - The Prince's Trust Leicestershire
£2,518,460 01/02/2013
72
The project will concentrate on personal support for the young people through advocates skilled in local interventions. Use will be made of existing provision where appropriate, with the advocates ....more
National Lottery Community Fund - Talent Match Vision & Prospectus - The Prince's Trust New Anglia
£2,584,975 01/02/2013
72
The project will concentrate on personal support for the young people through advocates skilled in local interventions. Use will be made of existing provision where appropriate, with the advocates ....more
National Lottery Community Fund - Talent Match Vision & Prospectus - The Prince's Trust South East
£6,862,260 01/02/2013
72
The project will concentrate on personal support for the young people through advocates skilled in local interventions. Use will be made of existing provision where appropriate, with the advocates ....more
National Lottery Community Fund - New Anglia Partnership Development Fund
£15,000 25/09/2012
12
This application is from The Princes Trust, a charity and registered company based in London, serving the development of the Talent Match partnership in the New Anglia LEP area.
Northern Rock Foundation - Grant awarded to The Prince's Trust (Tees Valley)
£5,000 21/09/2012
Towards additional funding to carry out an evaluation of the Holme House Prison project.
Tuixen Foundation - Core grant to The Prince's Trust
£30,000 01/07/2012
The Prince's Trust works with disadvantaged young people aged 13-30 to help them into work, education, self-employment or training. The Fairbridge Project trains the most marginalised young people so ....more
National Lottery Community Fund - Get Started with The Prince's Trust
£484,319 26/03/2012
60
The grant will be used to run 'Get Started with the Princes Trust' which will support young people aged 16-20 from North and East Belfast, Craigavon and Newry and Mourne areas, who have an offending ....more
National Lottery Community Fund - BME Young Person's Outreach and Engagement Project Officer
£156,512 21/03/2012
48
This project will broaden the current work of the Prince's Trust in Wales by better engaging with minority ethnic communities with the support of a paid BME outreach and Engagement Officer.
National Lottery Community Fund - Fairbridge: Who Cares
£732,149 14/03/2012
60
The project will support young people in or leaving care to improve their confidence and self-esteem. Project participants will take part in an introductory course using outdoor activities. Then ....more
Tuixen Foundation - Core grant to The Prince's Trust
£30,000 01/07/2011
The Prince's Trust works with disadvantaged young people aged 13-30 to help them into work, education, self-employment or training. The Fairbridge Project trains the most marginalised young people so ....more
National Lottery Community Fund - From Care to Independence
£1,500,000 06/05/2011
72
'From Care to Independence', is an England wide learning and awareness project to run over five years. Led by Fairbridge the project will examine the relationship between young people leaving the ....more
National Lottery Community Fund - Exercise Your Rights
£473,958 09/02/2011
48
Fairbridge will build on its healthy living sessions to disadvantaged young people living in Manchester and Liverpool. A more frequent service will be provided which will aim to improve the ....more
National Lottery Community Fund - Engaging Young Burnley
£246,218 15/07/2010
36
This project comprises of a range of The Prince's Trust (TPT) activities drawn together within a bespoke project aimed at increasing opportunities for disadvantaged young people in Burnley, with a ....more
Tuixen Foundation - Core grant to The Prince's Trust
£30,000 01/07/2010
Works with disadvantaged young people aged 13-30 to help them into work, education, self-employment or training.
Esmee Fairbairn - Grant to The Prince's Trust
£118,309 20/03/2008
24
Towards Project costs Towards the salary of the national project manager and mentor training and evaluation costs.
Show more rows

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (13)
Current Trustees appointed
Gender Split
Based on 11/13 persons

Age Range of Trustees:
Legal constitution
  • Charity registered in England & Wales on 02/03/2000, number: 1079675
  • Registered at Companies House on 01/01/1970, number: RC000772
Gift Aid
  • Registered with HMRC for Gift Aid
Event History
Other Regulators
  • Financial Conduct Authority
Policies in force
  • Bullying and harassment policy and procedures
  • Campaigns and political activity policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Engaging external speakers at charity events policy and procedures
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Investing charity funds policy and procedures
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Volunteer management
Filing Record
20 returns made; all on time
Recent reorganisation events:
  • Asset transfer in from DIGNUM OPPORTUNITIES TRUST on 01/10/2019
  • Asset transfer in from THE STAMFORD YOUTH DEVELOPMENT TRUST on 08/02/2021
  • Asset transfer in from THE SIR DAVID CARDWELL MEMORIAL PRIZE on 15/02/2021
  • Asset transfer in from GRAEME ROBERTSON CHARITABLE TRUST on 09/04/2024
Main office

The Princes Trust
8 Glade Path
LONDON
SE1 8EG

Objectives

(1) TO PROMOTE BY ALL CHARITABLE MEANS THE MENTAL, SPIRITUAL, MORAL AND PHYSICAL DEVELOPMENT AND IMPROVEMENT OF YOUNG PEOPLE AND TO PROVIDE OPPORTUNITIES FOR THEM TO DEVELOP THEIR FULL CAPACITIES AND ENABLE THEM TO BECOME RESPONSIBLE MEMBERS OF SOCIETY SO THAT THEIR CONDITIONS OF LIFE MAY BE IMPROVED, TO INCLUDE:(A) PROVIDING FACILITIES FOR YOUNG PEOPLE FOR RECREATION OR OTHER LEISURE TIME OCCUPATION IN THE INTERESTS OF SOCIAL WELFARE; (B) ADVANCING THE EDUCATION OF YOUNG PEOPLE BY THE PROVISION, ENCOURAGEMENT AND PROMOTION OF EDUCATION, INSTRUCTION OR TRAINING IN PROFESSIONS, VOCATIONS, INDUSTRIES, CRAFTS, TRADES OR THE SKILLS NEEDED IN EMPLOYMENT; (C) RELIEVING POVERTY AMONGST YOUNG PEOPLE THROUGH THE PROVISION OF ASSISTANCE (INCLUDING FINANCIAL ASSISTANCE) AND ENCOURAGEMENT WHILST THEIR EDUCATION IS BEING ADVANCED AS AFORESAID OR WHILST THEY ARE IN THE PROCESS OF ESTABLISHING NEW BUSINESSES OR PREPARING FOR ENTERING UPON OR ENGAGING IN A PROFESSION, TRADE, CRAFT OR SERVICE; (D) ARRANGING PERIODS OF VOLUNTARY WORK IN THE COMMUNITY; AND (E) FOR THE BENEFIT OF THE PUBLIC ENCOURAGING AND ASSISTING YOUNG PEOPLE IN THEIR UNDERSTANDING OF AND PRACTICAL ACTION IN SUPPORT OF THE NATURAL AND BUILD ENVIRONMENT. (11) TO PROMOTE AND CONDUCT RESEARCH INTO SOCIAL CONDITIONS AFFECTING YOUNG PEOPLE AND THE MENTAL, SPIRITUAL, MORAL AND PHYSICAL NEED OF YOUNG PEOPLE AND TO PUBLISH THE USEFUL RESULTS OF SUCH RESEARCH. (111) TO CARRY OUT ANY SUCH APPROVED OBJECTS (AS DEFINED BY REGULATION 33 OF THE LANDFILL TAX REGULATIONS 1996 OR ANY AMENDMENT THERETO) AS ARE EXCLUSIVELY CHARITABLE AND TO ENCOURAGE YOUNG PEOPLE PARTICULARLY TO DO SO. (IV) TO SUPPORT SUCH CHARITY OR CHARITIES OR SUCH CHARITABLE PURPOSE OR PURPOSES AS THE COUNCIL SHALL IN ITS ABSOLUTE DISCRETION THINK FIT.

Defined Area of Benefit:

NOT DEFINED

Data Sources

Charity Commission for England and Wales
360 Giving
CharityBase
Authorised officials of this charity can add information to this page (including a Donate Now button) for no cost

Tips for Selecting Charities

Which areas of philanthropy are most effective?
The text of this post is taken from an article on the Effective Altruism forum. It suggests that you can achieve the most impact by supporting causes that fight extreme poverty, improving animal welfare....more
Our Top Tips for Philanthropy
Here are some ideas to help you gain more satisfaction from your philanthropy and confidence that the causes you have selected are impactful. Engage your brain, as well as your heart You....more
How to become a Philanthropist
In this Blog we outline a strategy to help people who are new to philanthropy and for those who feel dissatisfied with the impact they are having. Effective philanthropy is immensely rewarding for donors,....more

Giving is Great