Trusts fit for the Queen

THE QUEEN’S TRUST 272373 – originally The Queen’s Silver Jubilee Appeal provides grants to charities associated with enabling young people to help others in direct and practical ways.
After spending over £100 million since inception they are now ‘spending out the remaining funds and will close to new applications by 2019.’
THE QUEEN ELIZABETH DIAMOND JUBILEE TRUST 1145640 –  Spending around £12m per annum with £48m in hand as part of ‘a mission to leave a lasting legacy, owned by the whole Commonwealth, in honour of Her Majesty The Queen….. to eliminate avoidable blindness and empower a new generation of young leaders.’ Hence £6m, half of the annual sum is spent with Sightsavers.

THE QUEEN’S COMMONWEALTH TRUST 1172107 was formed in 2016 and registered as a charity in 2017. Based on ‘The Queen’s belief in young people as a force for good. This new charity claims to be focusing on sport, education, health and environment. The Trust’s ambition is to enable young people to build a better future for all.   ‘This new venture may also be a precursor to the inevitable vacuum and fund raising opportunity when the Queen dies.

ROYAL COMMONWEALTH SOCIETY 226748
The Royal Commonwealth Society was founded in 1868 and received its Royal Charter in 1882 as the Colonial Institute aka The Royal Colonial Institute later to become The Royal Empire Society and ultimately The Royal Commonwealth Society. During 150 years of operation it has demonstrated it can adapt to the times.
Income and assets are around the half million pound mark available for youth based activities including annual multi-faith observance on commonwealth day, commonwealth essay competition  and a youth leadership programme.

Concerns

  • Fragmented organisation can be costly, lack focus and create duplication and potential division.
  • Large reserves, cash balances and investments are costly to service and administer. At the same time charitable benefits are delayed or denied.

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