THE ROYAL LITERARY FUND
Helps published authors or performed playwrights of several works who are in financial difficulties through grants and pensions. Also runs various activities for the "advancement of public education".
Objects
(A) THE RELIEF OF POOR AND DISTRESSED AUTHORS OF PUBLISHED WORKS OF APPROVED LITERARY MERIT INCLUDING IMPORTANT CONTRIBUTIONS TO PERIODICAL LITERATURE AND OF THE FAMILIES OF SUCH DECEASED AUTHORS WHO ARE THEMSELVES IN DISTRESS AND IN NEED OF RELIEF. (B) THE ADVANCEMENT OF PUBLIC EDUCATION AND THE IMPROVEMENT OF THE PUBLIC TASTE IN THE FIELD OF LITERARY WORK.
Financial health, per its FY2025 accounts
The accounts state that the charity holds unrestricted reserves of £191.6 million, which the trustees consider adequate to continue in operational existence for the foreseeable future. The charity reported a net expenditure of £2.5 million for the year, primarily due to a significant loss on investment assets, although it maintains a large investment portfolio valued at £192.9 million to support long-term charitable objectives.
What the accounts disclose
“The trustees do not define a minimum level of reserves. However, it is their intention to maintain the capital value of the Fund’s investments in real terms whilst also generating an investment return that is sufficient to meet the costs of the Fund’s charitable expenditure and operations.” — page 20
“On 2 October 2025, a wholly owned trading subsidiary was incorporated called RLF Volta Ltd (company registration number 16757457). The company has not yet traded.” — page 39
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/03/2025
- Employees paid over £60,000: 5 (£60,001–£70,000: 2; £90,001–£100,000: 1; £100,001–£110,000: 2)
- Has a trading subsidiary
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/03/2024
- Employees paid over £60,000: 3 (£90,001–£100,000: 2; £100,001–£110,000: 1)
- Grant-making is its main activity
Self-declared on the annual return for the financial year ending 31/03/2023
- Employees paid over £60,000: 3 (£70,001–£80,000: 1; £80,001–£90,000: 1; £90,001–£100,000: 1)
- Grant-making is its main activity
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Sir Ian Craig Blatchfordchair
- Andrew McMillan
- Brenda Gardner
- COLIN LUKE
- Colin Peter Ludlow
- Dan Franklin
- Dorothy Sheila Irving
- Dreda Say Mitchell MBE
- Fiona Sampson MBE
- George Graham
- Janelle Davy
- Judith Murray
- Kerry Glencorse
- MICHAEL SYMMONS ROBERTS
- Marianne Velmans
- Mark Gardiner
- Mark Lawson
- Paula Hawkins
- Rosalynn Try-Hane
- Sammia Hamer
- Susheila Nasta
- Terence Blacker
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £4.3m | £9.1m |
| 31/03/2024 | £4.2m | £8.3m |
| 31/03/2023 | £3.2m | £7.8m |
| 31/03/2022 | £4.7m | £6.7m |
| 31/03/2021 | £3.1m | £6.6m |
Common questions
Is THE ROYAL LITERARY FUND financially healthy?
Per its FY2025 accounts: The accounts state that the charity holds unrestricted reserves of £191.6 million, which the trustees consider adequate to continue in operational existence for the foreseeable future. The charity reported a net expenditure of £2.5 million for the year, primarily due to a significant loss on investment assets, although it maintains a large investment portfolio valued at £192.9 million to support long-term charitable objectives. Its FY2025 accounts were audited by Saffery LLP.
Who funds THE ROYAL LITERARY FUND?
Funders whose own accounts filings name THE ROYAL LITERARY FUND as a grant recipient include THE TANAGRA FOUNDATION, THE D G CHARITABLE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE TANAGRA FOUNDATION | FY2024 | £33k | helps authors or playwrights who are in financial difficulties through grants and pensions |
| THE D G CHARITABLE TRUST | FY2025 | £25k | |
| THE TANAGRA FOUNDATION | FY2025 | £8k | help buy a van for the writer and playwright Hanif Kureishi, who is tetraplegic following an accident. This was in response to an appeal in August 2025. |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BACKSTAGE TRUST | 1 | £210k |
| THEIRWORLD | 1 | £100k |
| ACTING FOR OTHERS | 1 | £10k |
| THE MACKINTOSH FOUNDATION | 1 | £10k |
| CHASDEI MOISHE TRUST | 1 | £5k |
| JEWISH CHILD'S DAY | 1 | £5k |
| The Patricia Routledge Foundation | 1 | £3k |
| SUSANNA PEAKE CHARITABLE TRUST | 1 | £3k |
Charities like this
- THE ROYAL SOCIETY OF LITERATURE OF THE UNITED KINGDOM
- THE ROYAL THEATRICAL FUND
- THE READING FOUNDATION
- THE ROYAL THEATRICAL SUPPORT TRUST
- THE AUTHOR'S FOUNDATION
- LEEDS PHILOSOPHICAL AND LITERARY SOCIETY LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE ROYAL LITERARY FUND | £4.3m | — | — | unclear | — | no doubt |
| THE ROYAL SOCIETY OF LITERATURE OF THE UNITED KINGDOM | £217k | £90,001 - £100,000 | 1 | unclear | — | no doubt |
| THE ROYAL THEATRICAL FUND | £679k | — | 0 | above | — | no doubt |
| THE READING FOUNDATION | £517k | — | 0 | unclear | — | no doubt |
| THE ROYAL THEATRICAL SUPPORT TRUST | £82k | — | 0 | unclear | — | no doubt |
| THE AUTHOR'S FOUNDATION | £233k | — | — | above | — | no doubt |