Governance and Funding
The Fund was co-founded by the Princess's lawyer, Anthony Julius, who was its first Chairman. It was endowed with donations given in memory of the Princess by people around the world in the days and months following her death on 31 August 1997. These totalled about £20 million. In addition, a further £80 million was generated through commercial activities - including a large donation from Sir Elton John and Polygram's recording "Candle in the Wind 1997", as well as the sale of products under the Fund's commercial licensing programme.
The current CEO is Dr. Astrid Bonfield. The President of the Fund is Lady Sarah McCorquodale, eldest sister of Diana, Princess of Wales.
The summarised financial statements available on the Fund's website indicate that during 2008 there was a net disbursement of £3.1 million, and that on December 31 of that year the Fund had £21.5 million in resources.
Read more about this topic: Diana, Princess Of Wales Memorial Fund
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