The artist has given the entirety of his £25k honor winnings to the trust for venues, which works to protect the United Kingdom's grassroots live music spots.
He was awarded the award on October 16 as his third album People Watching was chosen as the outstanding release of the previous year.
Fender has opted to donate the funds to the MVT, in appreciation of the crucial part grassroots venues had in his early career.
"I wouldn't be doing what I am doing today if it wasn't for all the gigs I played around the area, and further afield, when I was starting out," stated the artist. "These spaces are legendary, but they are in difficulty."
Since the start of 2023, over 150 of these locations have permanently closed – roughly 16% of the whole industry in the UK.
In the last year, top acts including Pulp, Coldplay, the singer Katy Perry and Ed Sheeran have all backed the MVT in its efforts to help venues survive, by adding a minor surcharge to their ticket costs, which supports smaller concert halls.
Fender also took part, generating in excess of £100,000 on his live tour to support thirty-eight small stages across Britain.
These funds assisted spaces that were dealing with potential shutdown due to difficulties arising from flooding, fire incidents and bereavements, as well as regulatory hurdles, legal disputes and noise complaints.
Some locations were granted monetary aid in upgrading facilities and technical equipment that helped artists and concertgoers.
"The notion that revenue from performances in big venues backs the smaller venues, where it begins for artists like me, is just sensible," the star has stated.
Fender is among several artists to give his Mercury Prize prize money to charitable organizations.
Back when they earned the award in the mid-90s for their album the album, vocalist the singer stated that the band would give their prize money to the non-profit War Child.
In 2002, musician she shared her prize among multiple organizations, including the NSPCC and a charity for Sickle Cell.
"And I gave a grand to the center, to their gymnastics program, because I trained in gymnastics when I was younger and they required new equipment," the artist shared with outlets.
Two years ago, they gave their winnings to the youth organization that developed their group, alongside other grassroots music organisations.
And the 1994 recipients they gave their award to a multiple sclerosis charity after a friend was found to have the disease.
"Receiving the award was ample," remarked artist the singer. "The cash was the extra but we didn't require the extra, because we had the honor. So our victory affected another person's life."
Recently, the trust shared it had saved a couple of small stages in the South East, by bringing them into community ownership.
One venue in the city and the second in that location were bought under the Own Our Venues program, which is supported by a national body and enthusiasts who buy "stakes" in the properties.