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The Princess of Asturias Foundation

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  1. Frequently asked questions |
  2. Funding

Funding  

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How is the Foundation funded and what assets does it have?

The Foundation is primarily funded via private contributions. The Foundation’s income comes from donations by the different individuals and institutions that form part of its Boards of Trustees and Patrons, revenue from its assets and public grants.

As of 31st December 2020, the Foundation’s net assets amounted to the sum of 31.5 million euros. The total cost of the activities carried out by the Princess of Asturias Foundation amounted to 5.6 million euros in 2020. The budget approved by the Board of Trustees for the year 2022 amounts to 5.3 million euros, with 85% coming from private funding and 15% from governmental bodies.

See Contributions from the public sector

See Breakdown of expenditure

What is done with surplus funds each year, if any remain? Are there budget provisions from the Household of His Majesty The King?

As a non-profit organization, the Princess of Asturias Foundation allocates all its funds to the carrying out of its activities or to undertaking new actions that benefit society at large. In the event of there being any surplus funds, these are allotted to increase the institution’s assets or to its reserve fund.

The Princess of Asturias Foundation does not receive any contribution whatsoever from the Household of His Majesty The King.

Can an individual make a donation to the Foundation?

Should an individual approach the Foundation with the purpose of making a donation, any such offer will be passed on to the Assets Committee of the Foundation’s Board of Trustees for it to assess its appropriateness.

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