Sovereign Grant

E36307

UK government grant monarchy funding system public funding mechanism

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.

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All labels observed (4)

Label	Occurrences
Sovereign Grant canonical	8
Sovereign Grant Act 2011	5
Sovereign Grant (for certain official costs)	1
Sovereign Grant system	1

Statements (48)

Predicate	Object
instanceOf	UK government grant ⓘ monarchy funding system ⓘ public funding mechanism ⓘ
administeredBy	HM Treasury ⓘ
appliesTo	British monarch ⓘ Royal Household of the United Kingdom ⓘ surface form: Royal Household
beneficiary	Royal Household of the United Kingdom ⓘ surface form: 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 self-linksurface differs ⓘ surface form: Sovereign Grant Act 2011
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 ⓘ surface form: Prime Minister of the United Kingdom
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 ⓘ

Referenced by (15)

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

Crown Estate → isFinanciallyIndependentFrom → Sovereign Grant ⓘ

British royal family → fundingSource → Sovereign Grant ⓘ

British monarchy → fundingSource → Sovereign Grant ⓘ

Crown Estate Act 1961 → relatedTo → Sovereign Grant ⓘ