Friends Provident Foundation is a grant-making charity, run by Trustees. The Foundation operates independently of the Friends Provident group, which is now part of and owned by the Resolution group of companies. The Foundation was established as part of the demutualisation of Friends' Provident Life Office in 2001.

It currently works to create the conditions throughout the UK for improved access to appropriate financial services for those who are currently excluded, particularly those on low incomes or otherwise vulnerable to market failure.