Funding for Projects to Improve Financial Wellbeing for Low to Middle Income Individuals Across the UK

Abrdn Financial Fairness Trust, makes around 15 to 20 awards each year, and intends to award around £3 million annually to organisations undertaking charitable activities in the UK for projects focused on financial wellbeing. This includes voluntary organisations, think tanks, campaigning groups, research bodies and universities. Most funded projects will benefit residents from across the UK. However, the Trust is keen to support work in Scotland, including UK-wide work with a Scottish element.

There is no minimum or maximum size of grant. Grants typically range between £10,000 and £200,000, with most being between £50,000 and £120,000 in total. The funding may be spread over one, two or three years, and sometimes shorter periods, for example six months.

The funding is intended for strategic work, including policy work, campaigning and research that has the potential to improve financial wellbeing for those on low to middle incomes and on a national scale.

Eligible projects must focus on one or more of the following areas:

• Income
  • Wages
  • Social Security
  • Pensions
  • Taxation
• Spending
  • Cost of living
  • Consumer spending
  • Gambling harms
  • Borrowing
  • Payment problems
  • Net zero
• Assets
  • Taxation
  • Retirement saving
  • General saving
  • Housing

Funding can be used for project costs and ongoing costs, including staff salaries and overheads.

There are typically two application deadlines per year.