Prince Harry and Prince William to Split Money from Princess Diana's Memorial Fund
Prince William and Prince Harry are splitting funds from the Diana, Princess of Wales Memorial Fund, which was created following the untimely death of their mother.
Money from the fund will be split between two charities connected with the brothers, with half going to William's Royal Foundation and the other going to Harry's Sentebale nonprofit.
Prince William and Prince Harry are parting ways with the memorial fund created in honor of their late mother, Princess Diana.
The fund, titled the Diana, Princess of Wales Memorial Fund, was created in 1997 following the Princess of Wales's untimely death, in an effort to continue the legacy of her humanitarian work in the United Kingdom and abroad. The fund officially closed back in 2012, but would still often receive money from donors through The Royal Foundation. Per Entertainment Tonight and the foundation's annual report, the fund received $27,000 last year.
According to ET, Harry and William have decided to split the remaining funds between them and will be attributing that money to two separate charitable entities. William will allocate his half to The Royal Foundation of the Duke and Duchess of Cambridge, while Harry has asked for his portion to go to Sentebale, an HIV/AIDS–centered organization he set up in honor of his mother.
Harry and his wife, Duchess Meghan, were both initially part of The Royal Foundation alongside William and his wife, Duchess Catherine. Before Harry and Meghan's early spring exit from working royal life, however, the couple split from the foundation to form their own charitable entity, the Sussex Royal Foundation. The Sussexes formally closed Sussex Royal this summer—due to them no longer being legally allowed to use the term royal in any of their independent branding going forward—and have since begun working on their new venture, Archewell, inspired by their one-year-old son, Archie Mountbatten-Windsor.
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