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In the month prior to their wedding in April 2011, Prince William and Catherine set up a gift fund to allow well-wishers to donate money to charities they care about in lieu of gifts. [8] The gift fund supported 26 charities of the couple's choice, incorporating the armed forces, children, the elderly, art, sport and conservation. [9]
Royal expenditure differs from income due to the use of a Reserve Fund, which can be added to or drawn from. The official reported annual expenditure of the Head of State was £41.5 million for the 2008–09 financial year. This figure did not include the cost of security provided by the police and the Army and some other expenses. [19]
Certain states are giving inflation-relief payments to those who meet specific criteria, and the best part of it is you don’t have to do anything outside the ordinary to get this free money.
A gift letter for a mortgage verifies the source of a homebuyer's gifted down payment funds. The gift letter proves that the funds are in fact a gift and don’t have to be repaid, and that the ...
Any unspent Sovereign Grant is put into a reserve fund. The level of the Sovereign Grant is protected by law from decreasing as a result of falling Crown Estate revenues. In addition, the legislation requires that the Sovereign Grant shall not rise to such a level that the Reserve Fund becomes more than half the level of annual expenditure. [7]
In the wake of the coronavirus pandemic, the U.S. Congress passed a series of stimulus bills to provide direct checks to Americans. The last of these was paid out in March 2021. As federal payments...
Upon her father-in-law's accession to the throne on 8 September 2022, Catherine also became Duchess of Cornwall as well as Duchess of Rothesay, Countess of Carrick, Baroness of Renfrew, and Lady of the Isles (all in Scotland). [3] [4] [5] She was thus briefly called "Her Royal Highness The Duchess of Cornwall and Cambridge". [6]
In some cases, though, you might need a formal letter. You can request a proof of funds letter in person at your bank or online. Your lender might be able to fill out a request form on your behalf ...