The Liverpool Institute Educational Foundation is a registered charity and was established to administer the assets of the former Liverpool Institute High School, which closed in 1985 as a result of educational reorganisation in Liverpool.

For many years the Corporate Trustees were Liverpool City Council, but in August 2002 a scheme drawn up by the Charity Commissioner came into effect amalgamating the main fund with a number of small associated scholarship funds. The scheme superseded the original trusts of the charities and henceforth the charity is to be administered as one fund.

The object of the charity as defined by the Charity Commission scheme of August 2002 is:

To promote the education of persons who:

Since 2005 there have been 895 successful applications for grants totalling 465,050.

For clarification: only former pupils attending schools in Liverpool can receive awards, this does not apply to pupils who attended schools in Knowsley, Sefton, St. Helens, Wirral or Cheshire.

For clarification: a resident in the city of Liverpool must reside in one of the 30 local electoral wards in the city

To apply for a grant you do not necessarily have to attend one of the Higher Education establishments in Liverpool, you can be doing your course anywhere in the country.

Regretfully, owing to the large number of applications received, the trustees are unable to approve awards for repeat applications and second degrees. Therefore, only one award will be made to each successful applicant.