The charity raises millions of pounds each year and awards grants to help disabled and disadvantaged children aged 0 to 18 who are suffering from abuse or neglect, who are disabled or who simply need extra care and guidance. Grants are also given to children's charities and organisations to help them undertake projects and new initiatives or to ensure that much needed services can continue to provide essential care and support. They cover 22 areas around the UK in partnership with Bauer Radio and in Scotland these include areas covered by Northsound, West FM, West Sound, Tay FM, Forth, Moray Firth Radio (MFR), Clyde and Radio Borders.

The objectives of the Trust are to assist elderly persons suffering from handicap, disablement or infirmity, whether physical or mental in Tayside and Fife. This may be done by payment of grants, provision of services or equipment and by assisting organisations with similar objectives.

Benefits persons afflicted by blindness (including partial or serious impairment of vision) preferably resident in Broughty Ferry, which failing the City of Dundee, which failing the region of Tayside or having connections with these locations. The Trust supports both individuals who are visually impaired and organisations working with them.

Grants are available to support charities generally in the East of Scotland, North of the River Tay. The trustees also give special support to children's, medical, wildlife and army and ex-service welfare charities.

Financial support is available to groups and organisations promoting community safety activities in Dundee to provide diversionary activity programmes during school holiday periods. At least 80% of participants must be within the 10 - 18 age bracket. Activity should be aimed to reduce youth nuisance calls, vandalism, antisocial behaviour or substance misuse. Priority will be given to activity targeting known hotspot areas identified either by current cyclical trends and to applications showing a partnership approach.

The fund supports the development of learning opportunities in Dundee for young people in the 10 to 26 age range. They will prioritise applications that: increase employability skills; increase awareness of physical and mental health; develop personal and social skills; develop entrepreneurial skills and social enterprises; encourage young people to be active outdoors; encourage young people to take care of the natural environment; promote and enable equal access to opportunities.

Dundee Historic Environment Trust provides grant assistance for the repair of historic buildings located in Dundee's conservation areas. Eligible works include: essential structural repairs; comprehensive roof repairs; repair of chimneys, stonework, historic boundary walls, garden structures; repair or replacement of rainwater gutters; repair or reinstatement of historic metalwork, including railings; reinstatement of lost architectural detail; agreed professional fees.

The Trust supports organisations providing education and care to disadvantaged children, young people and families in Dundee and the immediate vicinity.

The Trust funds charities and voluntary organisations

Grants are given to a wide variety of organisations (generally in Scotland, particularly Tayside) including cancer research and other medical charities, youth organisations and arts and music.