THE DUKE OF EDINBURGH'S AWARD
When young people build lifelong belief in themselves, there are no limits to what they can achieve. That's why, at The Duke of Edinburgh's Award (DofE), we support young people of all backgrounds to take on their own challenges and discover talents the never knew they had. DofE is open to ages 14-24, and runs in schools, youth clubs, hospitals, prisons and more, all over the UK. Visit DofE.org.
Financial health, per its FY2025 accounts
The accounts state that the charity ended the year with total reserves of £31.5m, a decrease of £1.5m from the previous year, driven by a budgeted operational deficit of £2.5m partially offset by investment gains. The trustees report that available free reserves of £14.3m remain within the stated policy range of £10m–£15m, which is designed to cover operational losses for two to three years. The trustees confirm that the charity has adequate resources to continue operating for the foreseeable future.
What the accounts disclose
“Charitable activities - 78.6%”
“Cost of fundraising - 11.1%”
“The reserves policy requires us to maintain £10m – £15m of free reserves to cover operational losses over a two to three-year period under modelled stress scenarios. This also equates to five to eight months of unrestricted operating expenditure as per these accounts.”
“The DofE has a wholly owned trading subsidiary, Award Scheme Limited (ASL), which is registered in England (Companies House Registration No 02173914).”
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (14/02/2022)
- Received assets from another charity (15/02/2019)
Trustees
- Baroness Grey-Thompson DBEchair
- Anna Barker
- Emma Judith Sophia Watford
- HRH THE EARL OF WESSEX
- Ofei Kwafo-Akoto
- Polly Williams
- Robert Andrew Shuter
- Roisin Helen Currie
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £24.1m | £26.6m |
| 31/03/2024 | £24.3m | £24.7m |
| 31/03/2023 | £22.4m | £22.0m |
| 31/03/2022 | £20.8m | £17.2m |
| 31/03/2021 | £14.7m | £14.1m |
Common questions
Is THE DUKE OF EDINBURGH'S AWARD financially healthy?
Per its FY2025 accounts: The accounts state that the charity ended the year with total reserves of £31.5m, a decrease of £1.5m from the previous year, driven by a budgeted operational deficit of £2.5m partially offset by investment gains. The trustees report that available free reserves of £14.3m remain within the stated policy range of £10m–£15m, which is designed to cover operational losses for two to three years. The trustees confirm that the charity has adequate resources to continue operating for the foreseeable future. Its FY2025 accounts were audited by Crowe U.K. LLP.
Who funds THE DUKE OF EDINBURGH'S AWARD?
Funders whose own accounts filings name THE DUKE OF EDINBURGH'S AWARD as a grant recipient include THE GOSLING FOUNDATION LIMITED, THE MASTER CHARITABLE TRUST, THE MEDLOCK CHARITABLE TRUST, THE JULIA RAUSING TRUST, THE LORD MAYOR'S APPEAL.
Known funders
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| UK government | 01/04/2024 | £203k | The Duke of Edinburgh's Award Extension: Support for Disadvantaged Pupils |
| UK government | 01/09/2022 | £1.6m | The Duke of Edinburghs Award Fund |
| UK government | 01/09/2022 | £1.1m | The Duke of Edinburghs Award Fund |
| UK government | 01/09/2022 | £1.5m | The Duke of Edinburghs Award Fund |
| UK government | 01/04/2019 | £250k | #iwill Fund |
| UK government | 19/06/2017 | £250k | #iwill Fund |
| UK government | 19/06/2017 | £250k | #iwill Fund |
| The National Lottery Heritage Fund | 21/01/2014 | £7k | "(No Title)" |
| City Bridge Foundation | 03/12/2009 | £120k | Grant to Duke of Edinburgh's Award, The - London Regional Office |
| The National Lottery Community Fund | 30/03/2006 | £5k | Wiltshire Young People's Celebration Event |
| The National Lottery Heritage Fund | 27/11/2003 | £12k | "Diversity - Duke of Edinburgh Award Scheme" |
| Northern Rock Foundation | 30/09/2003 | £25k | Grant awarded to The Duke of Edinburgh's Award (North East) |
| UK government | — | £250k | #iwill Fund |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE REED FOUNDATION | 1 | — |
| CHIPPING SODBURY TOWN LANDS CHARITY | 1 | £96k |
| GREAT ORMOND STREET HOSPITAL CHILDREN'S CHARITY | 1 | £80k |
| THE BRITFORD BRIDGE TRUST | 1 | £30k |
| PETER HARRISON FOUNDATION | 1 | £25k |
| BEYOND SPORT FOUNDATION | 1 | £25k |
| THE GOYAL FOUNDATION | 1 | £15k |
| THE WESTMINSTER FOUNDATION | 1 | £10k |
Charities like this
- THE DUKE OF EDINBURGH'S INTERNATIONAL AWARD FOUNDATION
- WELCOME BAPTIST CHURCH
- SCHOOL FUND
- DONCASTER DANUM SCOUTS
- FOR CHILDREN & YOUNG PEOPLE
- THE CHIPPING SODBURY ENDOWED SCHOOL FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE DUKE OF EDINBURGH'S AWARD | £24.1m | — | — | within | 11.1% | no doubt |
| THE DUKE OF EDINBURGH'S INTERNATIONAL AWARD FOUNDATION | £15.1m | — | — | unclear | — | no doubt |
| WELCOME BAPTIST CHURCH | £200k | — | 0 | above | — | no doubt |
| SCHOOL FUND | £301k | — | 0 | below | — | no doubt |
| DONCASTER DANUM SCOUTS | £129k | — | 0 | unclear | — | no doubt |
| FOR CHILDREN & YOUNG PEOPLE | £1.5m | — | 0 | unclear | 1.0% | no doubt |