$13 million new gift from Rausing family brings their giving in support of young people to $71 million

The Julia Rausing Trust has announced a new $13 million grant to The Prince’s Trust. This philanthropic commitment is made in memory of leading philanthropist Julia Rausing, who sadly passed away earlier this year.

Together with her husband Hans, Julia had been a major donor and long-term supporter of The Prince’s Trust.

This donation marks a significant moment for their philanthropy, marking almost $71 million of life-changing support for young people since 2016.

Julia’s immense generosity over the years has enabled some of the Trust’s most ambitious projects to support young people and helped lift thousands of young people out of hardship and set them on the path to more stable and fulfilling lives.

Most memorably, her support enabled The Trust to open its impressive South London Centre in 2019, which has become a busy and vibrant space for young people to take their first steps into education, training, employment and enterprise.

This exceptional new gift will, over the next three years, build on Julia’s extraordinary legacy as a philanthropist, and focus on her commitment to supporting young people in London, the South West and young women in the most underserved communities.

Chief Executive of The Prince’s Trust, Jonathan Townsend said: “All of us here at The Trust are immensely grateful for Julia’s remarkable kindness and generosity. She leaves an inspiring legacy of hope for all young people, no matter what adversities they face.

Julia was a visionary philanthropist, displaying exceptional generosity to the communities that mattered to her most. Her impact lives on even after her passing, and I know she would have been enormously proud that her funding will change the prospects of thousands of young people who need our help. Crucially, it will allow us to expand our support for young women by further removing barriers, accelerating the presence of young women on tech and digital programs, as well as improving our targeted support.

“Julia always shared our belief that when young people succeed, all of society benefits, and we are committed to giving them the opportunities and support they need to realise their potential. Without a doubt, this donation will have a substantial impact on young people’s lives, both now and into the future.”

In addition to the gift in her memory, last year Julia and her husband Hans gave a transformational donation of $13 million to The Prince’s Trust Endowment Fund as Founding Benefactors. The Endowment Fund will ensure that The Prince’s Trust is able to serve young people long into the future, by helping to build a reliable and sustainable source of support for young people who face disadvantage and adversity in the UK.

John Booth, Chair of The Prince’s Trust said: “It is with immense gratitude that we receive this wonderfully generous grant in Julia’s memory. It will have a transformational impact on the lives of thousands of young people — and especially young women — growing up in London and the South West.

The Prince’s Trust remembers and celebrates Julia with great fondness, as a philanthropic leader who inspired others and cared deeply about making a difference to the lives of others. She always loved visiting the projects she supported, meeting young people and their families, and hearing about the lives and experiences of those she helped.

“Julia’s philanthropic commitment and legacy are of a magnitude that is rare and special. In total, nearly $71 million of grants have now been made to The Prince’s Trust, including a visionary gift to our Endowment Fund, ensuring that our work is sustained for generations of young people into the future. This is by any standards, a powerful legacy which will inspire others and have a lasting impact.

“It has been a pleasure and a privilege to work with Hans and Julia as key supporters of The Prince’s Trust over many years. Julia was a person of immense warmth and humanity, and we are delighted to be able to commemorate Julia’s passion for our work and her commitment to helping young people to flourish and overcome adversity.”