Sovereign Grant

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The Sovereign Grant is the UK government-funded mechanism that provides the British monarch and royal household with money to support official duties and maintain royal residences.

All labels observed (4)

How this entity was disambiguated

Statements (48)

Predicate Object
instanceOf UK government grant
monarchy funding system
public funding mechanism
administeredBy HM Treasury
appliesTo British monarch
Royal Household
beneficiary Royal Household
reigning British monarch
calculationBasis percentage of Crown Estate net profits
category public finance in the United Kingdom
country United Kingdom
covers maintenance of occupied royal palaces
official travel costs of the monarch
royal communications and media relations
staff costs of the Royal Household
utilities and running costs of royal residences
excludes costs of royal weddings
costs of state funerals
military ceremonial costs
security costs
fundingSource profits of the Crown Estate
intendedEffect increase transparency of royal finances
simplify funding of the monarchy
introducedIn 2012
legalBasis Sovereign Grant Act 2011
linked to: Sovereign Grant
linkedTo Crown Estate performance
payer UK government
purpose fund official duties of the monarch
maintain royal residences
relatedTo British monarchy
Civil List
Crown Estate
replaced Civil List
grants-in-aid for communications and information
grants-in-aid for maintenance of the occupied royal palaces
grants-in-aid for royal travel
replacesFundingModel fixed Civil List payments
reportedIn Royal Household annual financial reports
reviewedBy Royal Trustees
RoyalTrusteesInclude Chancellor of the Exchequer
Keeper of the Privy Purse
Prime Minister of the United Kingdom
linked to: Prime Minister
subjectTo audit by the National Audit Office
periodic review of funding formula by Parliament
ultimateSourceOfFunds UK taxpayers
usedFor upkeep of Buckingham Palace
upkeep of Windsor Castle (occupied areas)
upkeep of other occupied royal palaces

How these facts were elicited

Referenced by (15)

Full triples — surface form annotated when it differs from this entity's canonical label.

British royal family fundingSource Sovereign Grant
British monarchy fundingSource Sovereign Grant
Crown Estate Act 1961 relatedTo Sovereign Grant Act 2011
linked to: Sovereign Grant
Sovereign Grant legalBasis Sovereign Grant Act 2011
linked to: Sovereign Grant
Privy Purse and Treasurer’s Office fundingSource Sovereign Grant (for certain official costs)
linked to: Sovereign Grant
Civil List Act 1952 relatedConcept Sovereign Grant Act 2011
linked to: Sovereign Grant
Civil List replacedBy Sovereign Grant
Civil List replacedByAct Sovereign Grant Act 2011
linked to: Sovereign Grant
Civil List historicalPrecursorOf Sovereign Grant system
linked to: Sovereign Grant
Civil List relatedConcept Sovereign Grant
Royal Trustees appliesTo Sovereign Grant
Royal Trustees legalBasis Sovereign Grant Act 2011
linked to: Sovereign Grant
Royal Trustees oversees Sovereign Grant
Privy Purse distinctFrom Sovereign Grant