The artist has donated the complete sum of his £25k honor cash to the MVT, which works to protect the Britain's grassroots live music spots.
The star was awarded the award on 16 October as his latest record the album was chosen as the best record of the past year.
He has decided to donate the funds to the trust, in acknowledgment of the crucial part local spots played in his initial steps.
"I personally wouldn't be doing my current career if it wasn't for all the performances I did around the area, and further afield, when I was starting out," stated the artist. "These locations are renowned, but they are facing challenges."
Beginning in 2023, over 150 of these venues have shut down – approximately 16% of the whole industry in the UK.
Over the past year, well-known musicians including Pulp, the group Coldplay, the singer Katy Perry and Ed Sheeran have all supported the trust in its initiatives to keep the scene afloat, by including a modest fee to their ticket prices, which supports local stages.
He also participated, generating in excess of £100,000 on his 2024 arena tour to help numerous grassroots venues across the UK.
These funds helped locations that were dealing with possible closure due to issues arising from flooding, fires and bereavements, as well as regulatory hurdles, legal disputes and sound issues.
Additional spaces received monetary aid in upgrading facilities and sound and lighting systems that positively impacted performers and concertgoers.
"The notion that money from concerts in big venues supports the smaller venues, where it begins for musicians like me, is just common sense," Fender has said.
Fender is among several artists to donate his honor prize money to worthy causes.
When the band won the trophy in the mid-90s for their release Different Class, lead singer Cocker stated that the band would contribute their winnings to the charity the charity.
During 2002, musician Ms Dynamite divided her prize among a few charities, including the NSPCC and a Sickle Cell organization.
"And I gave a grand to Highgate Newtown, to their gymnastics program, because I did gymnastics when I was growing up and they required new equipment," she shared with a publication.
Previously, Ezra Collective donated their winnings to the youth organization that supported their group, as well as other grassroots music organisations.
Also the 1994 recipients M People contributed their award to a MS organization after a friend was identified with the illness.
"Winning was ample," remarked vocalist Small. "The prize was the bonus but we didn't require the bonus, because we had the honor. So our victory impacted another person's life."
Last week, the Music Venues Trust announced it had rescued a couple of grassroots venues in that region, by bringing them into local control.
The Joiners in that area and the second in that location were acquired under the Own Our Venues initiative, which is backed by a national body and music fans who buy "ownership units" in the venues.
