The charity's objects are, for the public benefit, to:

1. Provide financial support to people of any age, background and nationality who exemplify the spirit and leadership qualities of Sir Ernest Shackleton, in particular where their leadership brings benefit to the less advantaged;

2. Commemorate the life and achievements of Sir Ernest Shackleton by such means as the Directors shall determine.

3. Advance the education of the public in any recognised academic discipline that touches upon the life and achievements of Sir Ernest Shackleton, including but not limited to leadership, history, geography, geology, photography, and climatology.

4. To advance such other lawful charitable purposes as the Directors shall in their absolute discretion determine.