The Millennium Stadium Charitable Trust is a charitable trust

Charitable trust

A charitable trust is an irrevocable trust established for charitable purposes, and is a more specific term than "charitable organization".-United States:...

 based in Wales

Wales

Wales is a country that is part of the United Kingdom and the island of Great Britain, bordered by England to its east and the Atlantic Ocean and Irish Sea to its west. It has a population of three million, and a total area of 20,779 km²...

, which was establish 8 February 2001 and is registered with the Charity Commission

Charity Commission

The Charity Commission for England and Wales is the non-ministerial government department that regulates registered charities in England and Wales....

. The Trust was established between the Millennium Stadium

Millennium Stadium

The Millennium Stadium is the national stadium of Wales, located in the capital, Cardiff. It is the home of the Wales national rugby union team and also frequently stages games of the Wales national football team, but is also host to many other large scale events, such as the Super Special Stage...

 plc and the Millennium Commission

Millennium Commission

The Millennium Commission in the United Kingdom was set up to aid communities at the end of the 2nd millennium and the start of the 3rd millennium. It used funding raised through the UK National Lottery....

 when the Millennium Stadium was built in 1999.

Activities

The Trust assesses any application it receives against the following criteria: quality of life

Quality of life

The term quality of life is used to evaluate the general well-being of individuals and societies. The term is used in a wide range of contexts, including the fields of international development, healthcare, and politics. Quality of life should not be confused with the concept of standard of...

, knowledge and need, passion and value, leaving a legacy, life exchanges and working with disadvantaged

Disadvantaged

The "disadvantaged" is a generic term for individuals or groups of people who:* Face special problems such as physical or mental disability * Lack money or economic support....

 people.

The Trust only supports applications from non-profit making organisations

Non-profit organization

Nonprofit organization is neither a legal nor technical definition but generally refers to an organization that uses surplus revenues to achieve its goals, rather than distributing them as profit or dividends...

, voluntary organisations

Non-governmental organization

A non-governmental organization is a legally constituted organization created by natural or legal persons that operates independently from any government. The term originated from the United Nations , and is normally used to refer to organizations that do not form part of the government and are...

, charitable organisations

Charitable organization

A charitable organization is a type of non-profit organization . It differs from other types of NPOs in that it centers on philanthropic goals A charitable organization is a type of non-profit organization (NPO). It differs from other types of NPOs in that it centers on philanthropic goals A...

, voluntary groups working alongside local authorities

Local government

Local government refers collectively to administrative authorities over areas that are smaller than a state.The term is used to contrast with offices at nation-state level, which are referred to as the central government, national government, or federal government...

. Priority however is given to organisations working in disadvantaged communities and to youth programmes in sport, arts, the environment and the community. Local, regional and national organisations can apply for funding, and they can receive up to GB£2,000, £10,000 and £20,000 respectively.

The Trust does not support any project outside of Wales, any operating cost

Operating cost

Operating costs can be described as the expenses which are related to the operation of a business, or to the operation of a device, component, piece of equipment or facility.-Business operating costs:...

s of a project, projects for third party organisations, any requests for payment of debts, retrospective requests for grants, requests from individuals, profit making organisations or requests made solely by local authorities.

Revenue and grants

The predecessor trust was established in July 1996, to support local charitable activities in Wales and it received 10% of distributable profit from Millennium Stadium plc. The trust became the Millennium Stadium Charitable Trust on 8 February 2001, and its income also comes from a levy of GB£0.25 or 1%, which ever is greater, paid on every ticket that is sold at public events held at the Millennium Stadium. On 22 June 2007, the Chairman of the Millennium Stadium Charitable Trust, Tom Jones

Tom Jones (singer)

Sir Thomas John Woodward, OBE , known by his stage name Tom Jones, is a Welsh singer.Since the mid 1960s, Jones has sung many styles of popular music – pop, rock, R&B, show tunes, country, dance, techno, soul and gospel – and sold over 100 million records...

announced, "The Trust has now been able to distribute £2 million to more than 500 individual projects".