How We Are Funded | Debt Advice Foundation

How We Are Funded

Debt Advice Foundation is a registered charity.  In common with other national debt charities, we receive income in a number of ways:

  • Money and Pensions Service – the charity has in place a grant agreement for the provision of telephone debt advice.
  • The National Lottery Community Fund – in 2019, the charity received a five year grant award to help fund its education work in primary schools.
  • Standard professional fees for insolvency cases under the charity’s management.

Debt Advice Foundation will only ever recommend solutions that are either free (not including government agency and court costs) or that have no free-to-client alternative available.

Less than 0.5% of calls to the charity’s helpline result in an income generating solution.  The income the charity generates from these solutions allows it to continue to fund and operate its free advice helpline as well as the charity’s financial education programme, DebtAware.

We are also extremely grateful to the following funders for their generous support, which has enabled the charity to continue teaching essential money management skills to over 10,000 children every year.

  • Garfield Weston Foundation
  • Blackburn with Darwen Healthy Living
  • Shadsworth/Whitebirk BIG Local
  • Yorkshire Bank
  • Harris Museum, Preston
  • Morris Quality Bakers
  • Langricks Accountants, Wilmslow
  • The Souter Charitable Trust
  • Chorley Building Society
  • Co-Operative Community Fund
  • Skipton Building Society
  • Hallmark Grange
  • Bank of England
  • MC & MA Stewart Haulage
  • The School Bus Foundation
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