King Charles III's charity is making headlines after a new regulatory report obtained by Newsweek found that a former manager allegedly failed to operate it to the standards established by the Office of the Scottish Charities Regulator.
The King's Foundation, founded by the then-Prince of Wales in 1990, "represents areas where The King has been decades ahead of the curve, including in education and sustainability, farming and agriculture, traditional arts and crafts, health and wellbeing, and architecture and urbanism."
According to its website, it provides education, public services and consultancy relating to the aforementioned focuses across the UK and in other parts of the world.
King Charles is, of course, well known for his sustainability efforts, among others—he's actively been working to update his royal residences with solar panels and even previously modified his Aston Martin to run on a more sustainable fuel source.
However, the new report uncovered "serious" and "unacceptable" issues, which are said to be the result of a years-long investigation stemming from allegations that a Saudi tycoon was offered help in securing both citizenship and a knighthood in exchange for his donations.
While the probe did not formally allege misconduct, according to Newsweek, it did suggest that "the historical governance of the charity had not always been up to the standard required" regarding previous leadership's decision-making and record-keeping.
Michael Fawcett, the former chief executive of the charity, quit his position in 2021 after an article in the Mail on Sunday leaked a letter he sent to Sheikh Marei Mubarak Mahfouz bin Mahfouz offering the trade. A criminal investigation led to no charges, but the regulatory office uncovered several other issues.
One problem was that "an item of home furnishing" was purchased by the charity for a "former charity trustee for their personal use." Several high-value pieces of art also went uninsured for two years, among other concerns about the distribution of funds, but investigators were unable to establish a definitive timeline that could prove misconduct on Fawcett's part.
Neither the monarch, a rep for his charity, nor Fawcett replied to Newsweek's request for comment, and it's currently unclear what changes have been or will need to be made within the organization to ensure those processes are running as they are required to be.
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