After the Queen’s death, her son not only inherits her role as monarch and a significant fortune. King Charles III will also like take on most of the more than 600 charity patronages previously held by Elizabeth II. And as for the patronages Charles held as Prince of Wales, these will likely pass to his son Prince William, who now holds that title.
The monarchy has engaged in patronage, for altruistic and broader reasons, for approximately 900 years. Patronage has been, traditionally, a vehicle for those in power to exercise, cultivate and entrench their power. By dispensing patronage the patron is able to ensure that they are involved in various worthy projects and are seen to contribute to the betterment of society.
But patronage is not just a vehicle to gain positive press coverage. The benefits of patronage can be summed up in what I’ve termed in my research the “patronage bargain”, referring to the positive qualities that arise from the relationship.