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 Diana, Princess of Wales Memorial Fund - Definition 

The Diana, Princess of Wales Memorial Fund was set up after the death of Diana, Princess of Wales, in 1997. It received money set aside by Diana's will, contributions by her former husband, The Prince of Wales, donations by the public, and the proceeds from Elton John's new rendition of Candle In The Wind. The fund was founded on 14 September 1997. Initial contributions totalled £19m. Proceeds from marketing brought in another £80m. So far 2004 £50m has been disbursed.

It had assests of approximately £23 million (GBP), according to recent reports in the Times.

It recently disbursed some £2.3 million to her two sons, Prince William and Prince Harry.

It grants money to organizations and individuals with special needs in the United Kingdom; mostly to those with dire medical needs.

External links

  • Website (http://www.theworkcontinues.org/)
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