Reports indicate that the royal financier has undergone a transformation

Introduction

The Royal Foundation, the charitable organization of Prince William and Kate Middleton, is reportedly undergoing a change in its structure. According to reports, the foundation will be split into two separate entities, with Prince William and Kate Middleton creating their own foundation, while Prince Harry and Meghan Markle will continue to work under the original Royal Foundation.

Details of the Change

The split is said to be amicable, with both couples agreeing that it is the best way forward. The move is seen as a natural progression, as the two couples have different interests and priorities. Prince William and Kate Middleton are said to be focusing on mental health, early years, and conservation, while Prince Harry and Meghan Markle are more interested in issues related to the environment, social justice, and women’s empowerment.

The Royal Foundation was established in 2009 by Prince William and Prince Harry, with Kate Middleton joining as a patron after her marriage to Prince William in 2011. The foundation has been involved in a number of charitable initiatives over the years, including the Heads Together campaign, which aimed to raise awareness about mental health issues.

Impact of the Change

The split is not expected to have a significant impact on the work of the Royal Foundation, as both entities will continue to work towards charitable causes. However, it is likely that each foundation will have a more focused approach to their respective areas of interest.

The move is also seen as a reflection of the changing roles of the two couples within the royal family. Prince William is second in line to the throne, and is expected to take on more responsibilities in the coming years. Prince Harry, on the other hand, has stepped back from his royal duties, and is now living in the United States with his wife Meghan Markle.

In conclusion, the split of the Royal Foundation is a natural progression for the two couples, as they look to focus on their respective areas of interest. While the move is not expected to have a significant impact on the work of the foundation, it is a reflection of the changing roles of the two couples within the royal family. It will be interesting to see how the two foundations evolve over time, and what impact they have on the charitable sector

Original article Teaser

Royal funder undergoes change – reports

The company that finances the activities of Britain’s royal family is undergoing a change, according to reports. The Crown Estate dates back to 1066, when William the Conqueror invaded England from Normandy and claimed its land ‘in right of the Crown’. A millennium later, its holdings have shrunk. It owns London property last valued at £7.7 billion; some shopping malls, land outside London, and most of the seabed around Britain. According to the Wall Street Journal, the assets belong to King Charles only in his public capacity as monarch. In practice, the Crown Estate gives its profit to the UK Treasury, which in turn hands over a semi-fixed cut to the royal family, for it to carry out public duties

Details to Royal funder undergoes change – reports