Postcode Sport Trust was established was established in 2014 and provides funding to charities that provide services and encourage or inspire participation in sport through activities or provision of facilities, working across Great Britain and overseas for:
- The advancement of health
- The advancement of public participation in sport
- Providing of recreational facilities or organising recreational activities with the aim of improving the conditions of life for the people for whom the facilities or activities are mainly intended
The Trust will fund a selection of charities working to improve the health of the benefiting communities. It is proactive in approaching charities and, as funds grow, will thoroughly research and select potential beneficiaries who will be invited to apply.
Postcode Sport Trust operates its own society lottery and receives all of its funding from players of People's Postcode Lottery.