Young Royals Charity Vehicle Publishes Inauguaral Accounts

by Tom Sykes Jul 17, 2012 9:18 AM EDT

New charity publishes accounts today

The young royals have quietly launched their philanthropic careers over the past year, and today William, Kate and Harry’s newly named charity vehicle, The Royal Foundation of The Duke and Duchess of Cambridge and Prince Harry, published its accounts.

The new charity - which replaces the old Foundation of Prince William and Prince Harry - spent a not insignificant £1.3m on charitable activity in its inaugural year of grant-making.

The £1.3m spent during 2011 included administering gifts given by the public in lieu of wedding presents for last year’s wedding, under the auspices of The Royal Wedding Charitable Gift Fund, and money raised from the sale of the official wedding programme.

Recipients of cash included kids charities and Harry’s beloved Walking With The Wounded.

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Tom Sykes is a writer and journalist, and he edits The Royalist blog for the Daily Beast. Tom has worked for many publications, including a stint as a nightlife reporter and gossip columnist for the New York Post. He has written several books, most recently helping John Taylor of Duran Duran write and edit his autobiography, published by Dutton. Tom lives in London and Ireland.

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About the Author

Tom Sykes

THE ROYALIST, updated several times daily, reports on all aspects of the British Royal Family. With breaking news and the latest gossip, great pictures and informed commentary, the Royalist is essential eyeballing for fans of the world’s most famous family.