Funding is intended to support charities in the UK with projects to encourage young people, in particular those between 11 and 18 from disadvantaged backgrounds, to study science subjects and go on to further education or training in STEM related subjects, in particular the area of Material Science. The Foundation considers Materials Science to be science applied to understanding the production, properties and engineering applications of materials. This may be considered from the perspective of physics, chemistry, mathematics or vocational studies.

Most grants are below £10,000.

The Foundation Committee meets two to three times per year. The next round is open to applications from 1 January to 1 April 2026.