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To bridge the gap between the Grant In Aid that the Royal Hospital received and our actual running costs which is approximately £2million per annum. Anything over this amount will be used to create an endowment to ensure the continued existence of the Royal Hospital
Charity information: Chelsea Pensioners' Appeal
The Grant in Aid that we receive does not cover our daily running costs.
The Royal Hospital Chelsea also needs to create an endowment to ensure our continued existence.
By continuing to raise funds through the Appeal
To continue to raise funds for the Chelsea Pensioners through the Chelsea Pensioners' Appeal.
Activities» Continuing to raise funds.
What success will look like
Success will be... if the Royal Hospital Chelsea continues to exist 300 years from now.
We will continue to admit retired army veterans to the Hospital and ensure them a comfortable and happy retirement.
If we don't get the funds in to the Appeal we may not be able to meet the daily running costs.
We hope that these risks have been dealt with by increasing communication with the public.
Via our website.
Budget - Project Cost: £22,000,000Loading graph....
Amount Heading Description £2,000,000 Bridging the gap Bridging the gap between GiA and running costs £20,000,000 Creating endowment We will put as much as possible into creating an endowment on an annual basis
Royal Hospital Chelsea, London
The Chelsea Pensioners.
Because we are the home for the Chelsea Pensioners.
Read more about the Charity running this project.
Future Development Director.