Our charity partnerships

Financial education

Poor financial wellbeing is one of the biggest causes of stress and anxiety that impacts overall mental health, wellbeing, and life satisfaction with reports that 46% of people in problem debt also have a mental health problem.¹ We know our money habits form around the age of seven which is why we are committed to empowering young people to manage their money well for life.

Through The Quilter Foundation’s partnership with leading financial education charity, MyBnk, we have been committed to the delivery of financial education to young people to help them develop the skills, knowledge and confidence to fully engage with their financial lives. Our funding supports the delivery of high-energy money workshops for young people aged 11-25 across the UK.

¹ Money Advice Service – 2018 Adult Financial Capability Survey

Employment

Government data shows the persistency of UK youth unemployment over recent years, which has been exacerbated by the COVID-19 pandemic. From July to September 2020, the youth unemployment rate increased by 14% from pre-pandemic levels². The Quilter Foundation wants to empower young people to build skills, experience, and confidence to help them work and earn.

In 2019 the Foundation forged three strategic partnerships (these are detailed below), all focused on supporting young people into sustainable employment, education or training. Since forming these partnerships, we have reached hundreds of young people in Southampton, London and Birmingham all of which have been supported by a £450,000 Secure Futures Fund.

The programmes so far have supported over 150 young people aged between 16 and 25.

² House of Commons Library – 2021 Youth Unemployment Statistics

Health and Wellbeing

Currently, around 4.3 million children in the UK are living in poverty¹, with 20% of households with children facing food insecurity². For many children impacted, school holidays are particularly difficult, as they lose access to food provisions in school.

But this is not a short-term issue. Childhood hunger has long-term impacts. Research shows that children who experience hunger are more likely to suffer from poor physical and mental health, struggle in school and face lower job prospects in adulthood. This is why our commitment to this issue is so vital – it’s not just about feeding children today, but about building a brighter future for them.

¹ Department for Work and Pensions (2023)
² The Food Foundation (2024)