The foundation's funding comes from the unclaimed assets from Standard Life’s demutualisation in 2006, which was received in 2017.
The foundation's mission is to contribute towards strategic change which improves financial well-being in the UK. All work they fund must be strategic. They are particularly interested in work that has the potential to create a step change in policy, practice, attitudes and/or behaviour. There is no minimum or maximum size of grant and the amount you request should be the amount you need. It’s likely that grants will range between £10,000 and £250,000, with most between £50,000 to £150,000 in total. The deadline in 2019 are 4th February and 4th June. For more details visit the Standard Life website.