Funds raised by the BBC Children in Need appeal in 2014 fell by half a million pounds to £49.1m compared with the previous year, the charity has announced.
A statement from Children in Need said today that the 2014 total was its second-highest ever and would enable the charity to support more than 2,500 projects.
It said its work affected the lives of more than 480,000 children and young people in the past year.
The charity runs two grant schemes: a small grants programme, which offers grants of up to £10,000 to support projects for one year; and its main grants programme, which gives out grants of more than £10,000 over three years.
Sir Terry Wogan, life president of BBC Children in Need, said in a statement the charity had had "another fantastic year, with another fantastic total".
David Ramsden, chief executive of the charity, said the total was "a tremendous result and will allow us to continue our vital work to help benefit disadvantaged young lives".