Philanthropist Mr Leus says he wanted to donate to The Prince’s Foundation because it shared his values of supporting young people through sport. The emails appear to show that just £100,000 of that sum was sent on to The Prince’s Foundation. I have now learned that not all of these funds were then transferred on to The Prince’s Foundation. The £45 million acquisition of Dumfries House – including £20 million borrowed through Charles’s charitable organisation, The Prince’s Foundation – was a financial risk for the future king. The failure of Knockroon is thought to explain why Charles turned to donors to bankroll Dumfries House.
Source: Daily Mail September 11, 2021 22:41 UTC