Charities merge to maximise funding
ROYAL BOROUGH: Two charities honouring the legacy of Prince Albert and Prince Philip have merged following approval from the Charity Commission.
The Royal Albert Institute Fund and Prince
Philip Trust Fund will be brought together to maximise grant funding for the good causes.
The former was created more than 150 years ago in 1867 and began life as an organisation that promoted interest in literature, science and the arts, delivering lectures in Sheet Street, Windsor.
Following the financial impact of wars, the organisation transformed into a charity, giving out grants to organisations.
The latter was established in 1977 and is a grant-giving trust which distributes cash to good causes across the Royal Borough.
The decision to amalgamate The Royal Albert Institute Fund into the Prince Philip Trust Fund has been taken in order to maximise the amount of grant funding that can be made available.
David Osmond, treasurer and trustee for the Royal Albert Institute Fund, said: "For some time we have recognised the synergies of both charities, serving similar goals and similar organisations in the local area.”