What's it all about? The Tudor Trust is based on an original endowment in 1955 from Sir Godfrey Mitchell consisting of shares in the builders Wimpey. In its first 50 years it has given out some 430m in grants with an overall aim of overcoming or preventing cycles of disadvantage and dependency - buzz phrases for the charity are unlocking the potential of communities, building capacity and creating lasting change.

What does it support? Currently, the trust has 10 broad priorities, of which youth is one. This category has the strapline "encouraging confident participation", and priority areas are detached youth work, centres where there is strong involvement of young people, peer education and peer mentoring, support for disaffected young men and youth organisations offering counselling. Other areas can also cover young people - for example, under the health heading there is encouragement for work with young fathers, and under learning there is support for alternatives for those not attending school. Be careful though: there is a long list of exclusions to check out first.

Who can apply? That's where it gets a bit tricky. As already noted, it's the fund's 50th anniversary this year and it has decided to "constrain" funding during the year from 1 April 2005 while it reviews the past and ponders the future. During this 12-month period, it will only accept applications from organisations it has already funded at some point in the past five years, so it's probably too late for new applications this year. It may be keen to help you develop an application for the future if relevant.

How much is available? In recent years it has given about 22m - that's about 770 grants at an average of 28,500.

Application process: There's no form and no deadline - applications should be sent by post and are considered every three weeks. For guidance, see www.tudortrust.org.uk.