The Booker Prize Foundation is a registered charity, established in 2002, whose purpose is to promote the art and value of literature for the public benefit. Among the ways in which it fulfils this mission is the awarding of the Booker Prize and the International Booker Prize. 

Other aspects of the foundation’s work include reading initiatives in prisons, writers’ visits to universities, the distribution of books to disadvantaged readers and the funding of Braille and audio editions of Booker Prize books through the RNIB.

The UEA Booker Prize Foundation Scholarship is awarded annually to a candidate for the Creative Writing MA at the University of East Anglia. Many past BPF scholars have since met with literary success.