Commentators discuss Prince William and Kate's move
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The Royal Foundation, theDukes and Duchess of Cambridge's leading charities I am working as For causes such as conservation, childhood, mental health, and emergency responders. In 2021, the organization will also launch a later spin-out, the Earthshot Prize, awarding five winners of his £1 million each year for their contribution to the environment. .
Harry and Meghan announced in early 2020 that they would be stepping down as her senior members of the royal family, declaring they wanted to be financially independent and moving to California, USA. rice field.
During that time, however, Kate and William's Royal Foundation prospered, largely due to the surge in revenues from the launch of the Earthshot Awards.
According to published accounts, his total Cambridge organization income for the year to 31 December 2021 was £20.4m, an increase of 73% from 2020 (1180 million pounds).
This is a 77% increase from 2019 (£6.7m).
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Majority of total revenue ( 98%) consisted of donations, grants, royalties and estate income.
The organization's Restricted Fund income nearly quadrupled to £18.6m in 2021, largely due to income related to the inaugural Earthshot Awards.
Exchanges associated with Earthshot accounted for 89% of restricted revenue and 81% of total revenue that year.
Prince William and Kate have announced that the Earthshot Awards will spin out into an independent charity in late 2022.
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Additionally, unrestricted income fell by 3.6% to £1.8m, reflecting the significant unrestricted donations received by the couple's charity in 2021.
In 2019, Harry and Meghan registered The Royal Foundation of Sussex, a company limited by guarantee in England and Wales.
However, it has been confirmed that the couple will no longer use 'Sussex Royal' as a brand name after retiring from active royal life following a meeting with senior members of the royal family in 2020.
Later that year, the Sussex Royal Foundation was renamed the 'MWX Foundation' and dissolved.
