St Nicholas Festival was founded to increase awareness of the life, history and traditions relating to St Nicholas and to raise money in aid of organisations and charities that benefit young people, both locally and further afield. Since its registration as a charity in 2005 St Nicholas Festival has raised over £51,000 and given grants to twenty-one different children’s organisations and charities. Each year the Trustees nominate the organisations to benefit from their fundraising but they also give small emergency grants when disaster strikes.