The King's Fund is incorporated by a Royal Charter that was granted by Her Majesty the Queen in 2008 and which came into effect on 1 January 2009. Previously, the Fund was known officially as the King Edward's Hospital Fund for London, and was established in 1907 by Act of Parliament.
The King's Fund is governed by the Board of Trustees, chaired by Rt. Hon. Professor the Lord Kakkar, and day-to-day management is delegated to a Senior Management Team headed by Chief Executive, Richard Murray.
Her Majesty the Queen acts as patron of The King's Fund, and the Prince of Wales, HRH Prince Charles, has been an active President since 1986.
Board of Trustees
The Board of Trustees are appointed for a three-year renewable term, and meet six times a year. Their role is to agree the organisation's overall strategic direction, in line with its charitable objectives, and to scrutinise management functions delegated to the Senior Management Team. The Board of Trustees also delegates some of its work to sub-committees.
Senior Management Team
Our Senior Management Team is responsible for all aspects of the day-to-day management and operation of The King's Fund, working within a framework of strategy and accountability agreed with our Trustees.
The King's Fund's General Council was established in 1907 as part of governance arrangements agreed by Act of Parliament. It managed the organisation until 1996, when it delegated its responsibilities to a Management Committee of Trustees. Under our Royal Charter, the General Council no longer has a governance role but is an advisory body to The King's Fund and meets once a year under the chairmanship of The King's Fund President, HRH The Prince of Wales, or an individual nominated by him.