The revenue of the fund created in honour of their late mother Princess Diana will be divided between their charities. The Diana, Princess of Wales Memorial Fund was set up in 1997 following her tragic death.
Since 2013 the fund has been paid into the Royal Foundation, The Duke and Duchess of Cambridge’s the primary philanthropic and charitable instrument.
However, the foundation was a tool used by Prince William, Kate Middleton, Prince Harry and Meghan Markle, and not just the Cambridges.
Currently, the two couples are busy with their own charitable efforts, with the Sussex’s working on Archewell, and William and Kate taking care of the Royal Foundation.
The Diana fund has not been actively raising funds for many years but obtains funds from legacies and other contributions.
Last year, the Royal Foundation collected around £21500 ($27,000) from the Diana, Princess of Wales Memorial Fund, according to its annual report.
Prince Harry does not have a charitable body in the UK anymore since the dissolution of Sussex Royal.
Sussex Royal had been conceived as his and Meghan’s future philanthropic instrument.
However, the royal couple renounced to the body when the stepped back from their official royal roles at the beginning of the year.
The couple are now working towards building their new charitable organisation, Archewell.
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In April of this year, she enrolled in the Royal Foundation as the director of the Duke of Cambridge’s environmental venture, the Earthshot Prize London 2021.
Ms Pickerill began working for the Royal Family at Kensington Palace as a press spokesperson.
She was originally “instrumental in helping the duchess adjust to her new life in the UK,” a source told PEOPLE at the time.
She also became involved in the fundraising Together cookbook and the Smart Works project.
Some months after leaving the palace, she was back to help the Duchess of Sussex as she released the Smart Works capsule collection in September.