Prince Charles’s website states that his company donates its profits to charity, but nothing has been given to good causes in the past two years.
The Prince of Wales’s love of painting provides him with a relaxing hobby, while the lucrative sale of his watercolours was also thought to provide much-needed income for his charities.
Mandrake can disclose that the company Prince Charles set up to distribute the proceeds of the sale of his lithographs and other works has, though, failed to donate a single penny to good causes during the past two years.
Indeed, the firm, A G Carrick, even received more than £40,000 from the Prince’s Charities Foundation, of which it is a wholly owned subsidiary.
A G Carrick, which is named after the pseudonym used by the heir to the throne to display his watercolours, achieved an impressive combined turnover of £4.35 million over the past two years. However, it admits in its latest accounts that “no charitable donations were made in the year”.
Categories: UK
Give them credit for telling the truth at least. I am sure Prince Charles will correct this oversight committed by the adminitrators of his finance department.
Friends,it is expensive to be rich …