About PRS Foundation
We are the UK’s leading charitable funder of new music and talent development.
Since its creation in 2000, PRS Foundation has given more than £44 million in impactful and timely grants to over 8,500 new music initiatives. 9 out of the 12 Mercury Prize 2022 nominees had received this vital PRS Foundation grant support (including the winner Little Simz) and many supported music creators have gone on to progress their careers to become BRITS, RPS, AIM and Ivors Award-winners and critically acclaimed composers and songwriters in their respective genres.
PRS Foundation supports outstanding talent from all backgrounds, covering the whole of the UK and all genres, with grantee success stories including Little Simz, Wolf Alice, Dave, Sam Fender, Years & Years, AJ Tracey, Anna Meredith, Yola, Glass Animals, Ezra Collective, Jade Bird, Ghetts, Shiva Feshareki, Sarathy Korwar, Floating Points, Nadine Shah, The Fanatix, Imogen Heap, IDLES, Kae Tempest, Kojey Radical and Yard Act.
PRS Foundation is a constantly evolving, dynamic organisation and its approach ensures that support reaches music creators from the grassroots up. Music creator grantees almost triple their PRS for Music income within 2-3 years of receiving a grant, and this investment in talent development helps to generate £10m per year for the UK music sector.
Widely respected as an inclusive, collaborative and proactive funding body, PRS Foundation supports an exceptional range of new music activity through direct grants to music creators and through support for pioneering organisations, including venues, festivals, promoters and other talent development organisations. PRS Foundation leads the charge to create a stronger, fairer and inclusive music sector and is home to the Women Make Music fund, co-founders of global gender equality initiative, Keychange and most recently the POWER UP initiative to tackle anti-Black racism in music.
If you’re a talented UK-based music creator, find out more about PRS Foundation’s support on the Funding page.
We invest in the future of music by supporting talent development and new music across the UK; enabling songwriters and composers of all backgrounds to realise their potential and reach audiences across the world.
PRS for Music
PRS for Music’s grants to PRS Foundation are primarily funded from non-licensing revenues, most notably from interest earned on royalties awaiting distribution.
The core donation from PRS for Music enables PRS Foundation to raise between £1.5m-£2m each year from other sources in order to reach more music creators and to support more grantees.