ARMED FORCES COVENANT FUND
Activities
As described by the charity on the register
The Armed Forces Covenant Fund Trust makes grants to support the Armed Forces Community. The Covenant Fund is delivered by the Armed Forces Covenant Fund Trust. It has £10M a year to fund projects that support the Armed Forces Community.
Latest income
£30.9m
Expenditure
£30.0m
Financial year end
2025-03-31
Income & spending history
As reported to the Charity Commission, by financial year end
| Year end | Income | Expenditure | |
|---|---|---|---|
| 2021-03-31 | £26.8m | £26.5m | |
| 2022-03-31 | £28.2m | £27.6m | |
| 2023-03-31 | £15.6m | £15.9m | |
| 2024-03-31 | £35.7m | £34.5m | |
| 2025-03-31 | £30.9m | £30.0m |
Latest detailed return
Year end 2025-03-31
Income mix
| Donations & legacies | £0 |
| Charitable activities | £30.3m |
| Trading | £0 |
| Investment income | £556k |
| Total income | £30.9m |
Spending
| Charitable spend | £30.0m |
| Raising funds | £0 |
| Grants to institutions | £28.4m |
| Governance | £30k |
| Total expenditure | £30.0m |
Balance sheet
| Reserves | £664k |
| Total funds | £3.8m |
| — restricted | £3.1m |
| — unrestricted | £664k |
| — endowment | £0 |
| Total assets | £3.8m |
| Cash | £28.1m |
People
| Employees | 26 |
Classification
The charity's own register classification
What it does
- General Charitable Purposes
- Education/training
- The Advancement Of Health Or Saving Of Lives
- Disability
- The Prevention Or Relief Of Poverty
- Economic/community Development/employment
- Armed Forces/emergency Service Efficiency
- Recreation
Who it helps
- Other Charities Or Voluntary Bodies
- The General Public/mankind
How it works
- Makes Grants To Organisations
Source: Charity Commission for England and Wales register, 2026-07-28. Detailed figures as filed in the charity's annual return. Contains public sector information licensed under the Open Government Licence v3.0.