Accounting firm Forvis Mazars has launched an independent charitable organisation to improve social mobility and support charities across the UK that work with young people aged up to 25.

The foundation, dubbed Forvis Mazars Foundation UK, was established on National Social Mobility Day. It is committed to enabling young people to realise their potential and create a positive future.

It intends to provide flexible funding and promote collaboration within the charitable sector to achieve long-lasting, sustainable change.

The Foundation will support a variety of charities throughout the UK. The funding will come from an annual contribution made by the partnership of Forvis Mazars in the UK.

Alongside financial assistance, Forvis Mazars will also provide pro bono services and skills-based volunteering.

This strategy aims to enhance the impact of the funding allocated to the supported charities.

The Foundation will concentrate on three primary areas to advance social mobility.

One of these areas includes bridging the attainment gap by helping children, parents, and guardians develop crucial skills such as literacy and numeracy.

Another key focus will be equipping young people for life by ensuring they have equal access to opportunities that cultivate essential life skills.

These skills encompass teamwork, leadership, ambition, and self-confidence.

Expanding access to education and employment is also a significant aim for the Foundation.

It will assist young adults in establishing the networks and cultural knowledge required for success in both education and the job market.

To create immediate impact, the Foundation is allocating £400,000 in funding to six charitable partners across the UK.

This financial support is designed to further the Foundation’s mission of improving social mobility for young individuals.