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1/27/2021 The Prince's Trust - Wikipedia The Prince's Trust The Prince's Trust is a charity in the United Kingdom founded in 1976 by Charles, Prince of Wales, to help vulnerable young people get their lives The Prince's Trust on track. It supports 11 to 30-year-olds who are unemployed and those struggling at school and at risk of exclusion. Many of the young people helped by The Trust are in or leaving care, facing issues such as homelessness or mental health problems, or have been in trouble with the law. It runs a range of training programmes, providing practical and financial support to build young people's confidence and motivation. Each year they work with about 60,000 young people; with three in four moving on to employment, education, volunteering or training. Formation 1976 In 1999, the numerous Trust charities were brought together as The Founder Charles, Prince of Prince's Trust and was acknowledged by The Queen at a ceremony in Wales Buckingham Palace where she granted it a Royal Charter. The following Type Charity year it devolved in Wales, Scotland, Northern Ireland and other English regions but overall control remained in London. The Prince's Trust Purpose The development fundraising and campaign events are often hosted and feature entertainers and improvement of from around the world. In April 2011 the youth charity Fairbridge became young people [3] part of the Trust. In 2015, Prince's Trust International was launched to Location London, SE1 collaborate with other charities and organisations in other countries United Kingdom (mostly Commonwealth nations) to help young people in those countries.[4] Region United Kingdom and served the Commonwealth The Prince's Trust is one of the most successful funding organisations in Chairman John Booth the UK and the UK's leading youth charity, having helped over 950,000 young people turn their lives around,[5][6] created 125,000 entrepreneurs Chief Jonathan Townsend and given business support to 395,000 people in the UK.[7] From 2006 to Executive 2016, its work for the youth has been worth an estimated £1.4 billion.[8] Subsidiaries Prince's Trust International In 2019, The Prince's Trust signed a four-year partnership with HM Department of Health and Social Care to support 10,000 young people Prince's Trust (16-30-year-olds) into Health and Social Care jobs. This initiative aims to Australia future-proof the sector; provide employment opportunities to young Prince's Trust people; and support The Department's "widening participation" goals, Canada [9] increasing the diversity of its workforce. Prince's Trust New Zealand Prince's Trust Contents America Purpose Prince's Trust Target groups Trading https://en.wikipedia.org/wiki/The_Prince%27s_Trust#The_Prince's_Trust_Group 1/15 1/27/2021 The Prince's Trust - Wikipedia People Staff 1,241 (2019)[1]:75 People employed Volunteers 9,000 [2] Ambassadors Website www.princes-trust Subsidiaries .org.uk (http://www.p Finances rinces-trust.org.uk) Income Expenditure Charitable activities Enterprise programme Team programme Get into Get Started Fairbridge Achieve programme Development Awards Mosaic Mentoring Future Leaders Get Hired The Jason Kanabus Fund Awards Generating income Income from charitable activities Voluntary income Individual donations Fundraising events The Prince's Trust Group Timeline Impact in the United Kingdom and beyond Collaboration with artists See also References External links Purpose The Trust has its primary objective defined in its Royal Charter as follows: 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 to their full capacities and enable them to become responsible members of society so that their conditions of https://en.wikipedia.org/wiki/The_Prince%27s_Trust#The_Prince's_Trust_Group 2/15 1/27/2021 The Prince's Trust - Wikipedia life may be improved.[1]:39 Target groups The Prince's Trust aims to work with young people aged 11 to 30. The goal is to assist them in moving into work, education, or training.[1]:39 People 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.[10] John Booth was announced as the chairman of The Prince’s Trust Council in July 2018 and Sir Lloyd Dorfman CBE, who previously held this position, became the chairman of Prince’s Trust International.[11] Nick Stace, the former chief executive of The Trust, joined in October 2017, replacing Dame Martina Milburn DCVO CBE who is a member of the Board and Group Chief Executive for The Prince's Trust.[12] At the end of 2019, Jonathan Townsend took over as Interim CEO.[13] People employed The Prince of Wales In 2019 The Prince's Trust employed 1241 people including 1106 people who worked in charitable purposes and support, and 235 in fundraising. The cost of employing these staff is £38 million a year and is the organisation's single biggest expenditure.[1]:75 The Chief Executive of the Prince's Trust Group (covering the UK, Australia, Canada, New Zealand, United States and International) is Martina Milburn who joined the organisation in 2004. Previously she worked as the Chief Executive of BBC Children in Need.[14] Milburn was appointed Group Chief Executive in 2017.[15] Ambassadors The Prince's Trust consist of different kinds of Ambassadors: The first are young ambassadors, these are young leaders who are volunteers and support the Prince's Trust in different ways including motivating other young people and winning contributors and the media about the work the Prince's Trust do.[16] The second are job ambassadors. These group have taken part in a Prince's Trust programme and have graduated from being a Young Ambassador. They are then employed by The Prince's Trust and work to inspire, motive and assist the young people in fulfilling the programmes they enrol in.[17] https://en.wikipedia.org/wiki/The_Prince%27s_Trust#The_Prince's_Trust_Group 3/15 1/27/2021 The Prince's Trust - Wikipedia Lastly, there are celebrity ambassadors who help raise awareness of the work that is done by The Prince's Trust in young people's lives. Celebrity ambassadors also involve themselves by visiting the young people during courses and programmes, host and help fundraising events and additionally start and support campaigns for the Prince's Trust.[18] Current Celebrity Ambassadors include: Phil Collins, Phillip Schofield, Gary Lineker, Jeremy Irons, Tom Hardy, Rita Ora, Geri Halliwell, Benedict Cumberbatch, Idris Elba, Gemma Arterton and Sharon Osbourne.[19][20][21][22][23] In 2017, The Prince's Trust recruited Tom Fletcher and Giovanna Fletcher as the charity's first Digital Celebrity Ambassadors, following the great support they had given following their attendance at our Celebrate Success Awards.[24] Subsidiaries The Trust has five charitable subsidiaries, each of which has its own Board of Trustees: Prince's Trust International, Prince's Trust Australia, Prince's Trust Canada, Prince's Trust New Zealand, and Prince's Trust America.[1]:35 In 2019, Prince's Trust International also operated in Barbados, Greece, India, Jamaica, Jordan, Malta and Pakistan.[1]:39 The Trust also has one non-charitable subsidiary, Prince's Trust Trading Limited, which is responsible for The Trust's commercial activities.[1]:35 Finances In 2009–10 The Prince's Trust charity, and its trading subsidiary, Prince's Trust Trading Ltd, had a total income of nearly £36 million, and expenditure of £38 million. Facing the impact of the economic climate and a decline in funding it drew on its reserves, which stand at £22 million, representing roughly six months operating costs.[25] The Prince's Trust is one of the 100 largest charities in the UK ranked by expenditure.[26] Income Voluntary income represented the largest source of funding for the organisation, totalling £18 million in 2009–10 (representing a very small increase on 2008–09. Public Sector income (contracts and grants to deliver support to young people from statutory bodies) fell from £17 million to just under £14 million. The cost of raising the voluntary income was £5.5 million, which means that for every £1 donated, 70p was spent on charitable activities. For the past ten years, its work is reported to be worth an estimated £1.4billion.[8] Expenditure The Prince's Trust expenditure of £38.2 million was made up of £30 million spent on charitable activities with the rest being spent on administration and other costs.[27] The £30 million spent on charitable activities was divided between the different programme areas such as the Team programme and the Enterprise programme. £1.2 million went on grants to young people and institutions. https://en.wikipedia.org/wiki/The_Prince%27s_Trust#The_Prince's_Trust_Group 4/15 1/27/2021 The Prince's Trust - Wikipedia Charitable activities The Prince's Trust has seven main types of charitable activity. The Enterprise programme helps young people start a business. The Team Programme is a 12-week personal development course, offering work experience, practical skills, community projects and a residential week. Get intos are short courses offering training and experience in a specific sector to help young people get a job. Get Starteds are short courses that give people the chance to take part in a week of activities to grow their confidence and skills. Fairbridge offers a mix of group activities and one-to-one support for young people. Development Awards are small monetary grants given to young people to help them get some training, education or a job.[28] Achieve clubs are held in schools, or through the Trust's centres for those outside of education.
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