Press "Enter" to skip to content

Diana, Princess of Wales Memorial Fund (U.K.) (1997–projected: 2013)

Total Assets: £138,645,000 [1]

As of 2007 spend-down decision (approx.): £80,000,000

Total Giving: £111,978,000

Total Giving in 2007-2012 spend-down (approx.): £50,000,000

Prominent Grants: £650,000 to Action on Armed Violence, which works to ban cluster bombs. £10,000,000 to support palliative care work for people with HIV/AIDS in seven African countries. £1,500,000 to the Prison Reform Trust to run Out of Trouble, a five-year campaign to reduce the number of children and young people in custody.

Summary: The Diana, Princess of Wales Memorial Fund was created days after the tragic death of Diana, Princess of Wales, on August 31, 1997, in response to the public donations that poured into Kensington Palace. In total £112,000,000 were donated. The mission of the Fund was to create a lasting legacy to the Princess’ humanitarian work. By the time the Fund closed, it had awarded 727 grants to 471 organizations. On December 31, 2012, the Fund closed as a staffed, operational organization, having successfully completed its ambitious, time-limited program of work aimed at improving the lives of the most disadvantaged people in the UK and around the world.

For its first ten years, the Fund was largely a criteria-led grant-maker. Grant programs were devised and developed on an annual basis and were open to any eligible organization that wished to apply. During this period, the Fund spent over £60 million on helping improve the lives of displaced people, people at the margins of society, survivors of conflict and those who were dying or bereaved.

For the 2007-2012 spend-down period, the Fund shifted to focus on three initiatives:  £10,000,000 on a Palliative Care Initiative to promote the scale-up of palliative care in Africa, £10,000,000 to raise awareness of the needs and issues of young asylum seekers under the Refugee and Asylum Seekers Initiative, and under the Partnership Initiative the Fund is committed to spending £5,000,000 to build on previous investments. The desired outcome is that systemic change takes place in the UK in penal affairs, mental health and other areas, towards better outcomes for young people, and internationally in the area of landmines and explosive remnants of w

In March 2013 The Royal Foundation of The Duke and Duchess of Cambridge and Prince Harry took over the legal ownership of the Fund in order to safeguard both the Fund’s name and ensure any future income donated to the Fund is used for charitable work.