King Charles delivers his first King’s Speech in Parliament

King Charles has given his biggest hint yet that he will not be handing down his charity to his warring sons Prince William or Prince Harry, as Buckingham Palace revealed the Prince’s Trust has been renamed the King’s Trust.

In 1976, when he was still Prince of Wales, Charles set up the Prince’s Trust, to help young people in the professional world; the Prince’s Foundation, which promotes the built environment, heritage, culture and education projects; and the grant-giving Prince of Wales’s Charitable Fund (PWCF).

However the week before his 75th birthday the names have been updated to the King’s Trust, the King’s Foundation and King Charles III Charitable Fund.

According to the palace, the charities have been rebranded in honour of his accession to the throne, six months after his Coronation.

The King had previously spoken of one day handing his charity work down to his sons, yet it seems they are now focused on their own philanthropic efforts.

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William clearly laid out his plans for the monarchy when he was in Singapore earlier this week, as he makes ending homelessness, protecting the environment and mental health his focus.

The Prince of Wales was in the Asian nation for the Earthshot Awards 2023, the initiative he established three years ago which awards five separate grants of £1 million each year to different organisations and individuals committed to finding solutions to climate change.

On Wednesday William said he wanted to “go a step further” than his family had, and said he wanted to do more than offer his support as a royal patron.

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When asked about his first year as heir to the throne, William replied: “So I think the thing that ties it all together for me is about social leadership.

“That’s what I’m trying to find my way in is I care about so many things and previously the family have been very much spotlighting brilliantly and going round and highlighting lots.

“I want to go a step further: I want to actually bring change and I want to bring people to the table who can do the change if I can’t do it.”

Harry meanwhile has made the wellbeing of military veterans his priority, through establishing the Invictus Games and recently appearing in a comedy sketch for Stand Up to Heroes.

A source explained to the Daily Telegraph that the change in name was partly done to avoid confusion between the previous and current Prince of Wales.

They said: “There is sometimes confusion about whose organisations they are. Prince William has his own foundation and so the name change makes it clear that these are organisations affiliated with the King.”

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