Formation | 1976 |
---|---|
Founder | Charles, Prince of Wales |
Type | Charity |
Purpose | Aiding young people |
Location |
|
Region served
|
United Kingdom |
Chairman
|
Lloyd Dorfman CBE |
Chief Executive
|
Martina Milburn |
Subsidiaries | Fairbridge |
Staff
|
1,100 (2016) |
Volunteers
|
6,000 (2016) |
Website | www.princes-trust.org.uk |
The Prince's Trust is a charity in the United Kingdom founded in 1976 by Charles, Prince of Wales, and Frederick John Pervin to help young people. They run a range of training programmes, provide mentoring support and offer financial grants to build the confidence and motivation of disadvantaged young people. Each year they work with about 60,000 young people, with around 80% moving on to employment, education, training or volunteering.
In 1999, the numerous Trust charities were brought together as The Prince's Trust and was acknowledged by The Queen at a ceremony in Buckingham Palace where she granted it a Royal Charter. The following year it devolved in Wales, Scotland, Northern Ireland and other English regions but overall control remained in London. The Prince's Trust fundraising and campaign events are often hosted and feature entertainers from around the world. In April 2011 the youth charity Fairbridge became part of the Trust.
The Prince's Trust is one of the most successful funding organisations in the UK and the UK's leading youth charity, having helped over 825,000 young people turn their lives around, created 125,000 entrepreneurs and given business support to 395,000 people in the UK. From 2006 to 2016, its work for the youth has been worth an estimated £1.4 billion.
The Prince's Trust aims to work with young people from four priority target groups. These are the long-term unemployed, people who have been in trouble with the law, people who are in difficulty at school, and people who have been in care. These young people are considered by the Prince's Trust as being "disadvantaged". A small number of people who are employed also go on some Prince’s Trust courses. Known as the employed participants scheme, it is used as a learning and development opportunity (to develop the employee's skills), as additional support to the programme's young people (the employed participants act as additional mentors or support to young people) and as a fundraising initiative (as the employer pays a training fee for their staff member to attend).
Charles, Prince of Wales, founded The Prince's Trust and is now its president, a figurehead position with no legal responsibility. The Prince's Trust Council are the trustees of the charity and are legally responsible for management, administration and deciding policy.