The National Fund was set up by a trust deed in 1928. The Fund is held on trust for the purpose of reducing the National Debt.<\/p>
The 1928 deed does not record who the founder was, and it is apparent from accompanying documents that they wished to remain anonymous.<\/p>
Her Majesty\u2019s Government therefore does not hold information about the identity of the donor who set up the Fund.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4538", "label" : {"_value" : "Biography information for Lord Keen of Elie"} } , "answeringMemberPrinted" : {"_value" : "Lord Keen of Elie"} , "dateOfAnswer" : {"_value" : "2019-03-14", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2019-03-14T17:12:40.857Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "88"} , "answeringDeptShortName" : {"_value" : "Attorney General"} , "answeringDeptSortName" : {"_value" : "Attorney General"} , "date" : {"_value" : "2019-03-01", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "National Fund"} , "houseId" : {"_value" : "2"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25277", "prefLabel" : {"_value" : "House of Lords"} } ], "questionText" : "To ask Her Majesty's Government whether they hold information about the identity of the donor who set up the National Fund.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4159", "label" : {"_value" : "Biography information for Baroness Hayter of Kentish Town"} } , "tablingMemberPrinted" : [{"_value" : "Baroness Hayter of Kentish Town"} ], "uin" : "HL14160"} , {"_about" : "http://data.parliament.uk/resources/1079619", "AnsweringBody" : [{"_value" : "Department for Digital, Culture, Media and Sport"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1079619/answer", "answerText" : {"_value" : "
The total value of the National Fund (registered charity number 1046814) in each of the last 30 years is outlined in the table. This information is drawn from the annual return and accounts made by the charity to the Charity Commission.<\/p>
<\/p>
Further information about this charity can be found on the Commission\u2019s Register of Charities \u2013 http://beta.charitycommission.gov.uk/charity-details/?regid=1046814&subid=0<\/a><\/p> <\/p> <\/p>
Year<\/strong><\/p><\/td> Value<\/strong><\/p><\/td><\/tr> 31st March 1989<\/p><\/td> £69,300,504<\/p><\/td><\/tr> 31st March 1990<\/p><\/td> £72,653,490<\/p><\/td><\/tr> 31st March 1991<\/p><\/td> £77,709,537<\/p><\/td><\/tr> 31st March 1992<\/p><\/td> £82,498,878<\/p><\/td><\/tr> 31st March 1993<\/p><\/td> £100,763,662<\/p><\/td><\/tr> 31st March 1994<\/p><\/td> £121,911,103<\/p><\/td><\/tr> 31st March 1995<\/p><\/td> £115,238,395<\/p><\/td><\/tr> 31st March 1996<\/p><\/td> £137,805,861<\/p><\/td><\/tr> 5th April 1997<\/p><\/td> £150,190,619<\/p><\/td><\/tr> 5th April 1998<\/p><\/td> £198,319,294<\/p><\/td><\/tr> 5th April 1999<\/p><\/td> £211,483,433<\/p><\/td><\/tr> 5th April 2000<\/p><\/td> £229,684,098<\/p><\/td><\/tr> 5th April 2001<\/p><\/td> £195,273,150<\/p><\/td><\/tr> 5th April 2002<\/p><\/td> £190,712,791<\/p><\/td><\/tr> 5th April 2003<\/p><\/td> £148,667,171<\/p><\/td><\/tr> 5th April 2004<\/p><\/td> £183,275,344<\/p><\/td><\/tr> 5th April 2005<\/p><\/td> £199,826,830<\/p><\/td><\/tr> 5th April 2006<\/p><\/td> £253,825,296<\/p><\/td><\/tr> 5th April 2007<\/p><\/td> £270,696,472<\/p><\/td><\/tr> 5th April 2008<\/p><\/td> £280,633,063<\/p><\/td><\/tr> 5th April 2009<\/p><\/td> £245,436,574<\/p><\/td><\/tr> 5th April 2010<\/p><\/td> £319,296,696<\/p><\/td><\/tr> 5th April 2011<\/p><\/td> £339,804,923<\/p><\/td><\/tr> 5th April 2012<\/p><\/td> £352,367,480<\/p><\/td><\/tr> 5th April 2013<\/p><\/td> £382,135,431<\/p><\/td><\/tr> 5th April 2014<\/p><\/td> £403,289,053<\/p><\/td><\/tr> 5th April 2015<\/p><\/td> £444,060,381<\/p><\/td><\/tr> 5th April 2016<\/p><\/td> £422,092,507<\/p><\/td><\/tr> 5th April 2017<\/p><\/td> £474,933,604<\/p><\/td><\/tr> 5th April 2018<\/p><\/td> £498,762,757<\/p><\/td><\/tr><\/tbody><\/table> <\/p> <\/strong><\/p>"}
, "answeringMember" : {"_about" : "http://data.parliament.uk/members/4247", "label" : {"_value" : "Biography information for Lord Ashton of Hyde"}
}
, "answeringMemberPrinted" : {"_value" : "Lord Ashton of Hyde"}
, "dateOfAnswer" : {"_value" : "2019-03-14", "_datatype" : "dateTime"}
, "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"}
, "questionFirstAnswered" : [{"_value" : "2019-03-14T13:13:21.713Z", "_datatype" : "dateTime"}
]}
, "answeringDeptId" : {"_value" : "10"}
, "answeringDeptShortName" : {"_value" : "Digital, Culture, Media and Sport"}
, "answeringDeptSortName" : {"_value" : "Digital, Culture, Media and Sport"}
, "date" : {"_value" : "2019-03-01", "_datatype" : "dateTime"}
, "hansardHeading" : {"_value" : "National Fund"}
, "houseId" : {"_value" : "2"}
, "legislature" : [{"_about" : "http://data.parliament.uk/terms/25277", "prefLabel" : {"_value" : "House of Lords"}
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], "questionText" : "To ask Her Majesty's Government what was the value of the National Fund in each of the last 30 years.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"}
, "tablingMember" : {"_about" : "http://data.parliament.uk/members/4159", "label" : {"_value" : "Biography information for Baroness Hayter of Kentish Town"}
}
, "tablingMemberPrinted" : [{"_value" : "Baroness Hayter of Kentish Town"}
], "uin" : "HL14161"}
, {"_about" : "http://data.parliament.uk/resources/1079620", "AnsweringBody" : [{"_value" : "Attorney General"}
], "answer" : {"_about" : "http://data.parliament.uk/resources/1079620/answer", "answerText" : {"_value" : " The National Fund was set up by a trust deed in 1928. The Fund is held on trust for the purpose of reducing the National Debt. According to expert evidence, there is no realistic prospect of the Fund ever amounting to a sum sufficient to pay off the whole of the National Debt.<\/p> The application made by the then Attorney General to the High Court on 22nd May 2018, to release the assets of the National Fund in order to pay down national debt, has not yet concluded. In February 2019 the High Court Listing Officer allocated a three day hearing during a five day window starting on 18 November 2019.<\/p>"}
, "answeringMember" : {"_about" : "http://data.parliament.uk/members/4538", "label" : {"_value" : "Biography information for Lord Keen of Elie"}
}
, "answeringMemberPrinted" : {"_value" : "Lord Keen of Elie"}
, "dateOfAnswer" : {"_value" : "2019-03-14", "_datatype" : "dateTime"}
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, "questionFirstAnswered" : [{"_value" : "2019-03-14T17:10:09.403Z", "_datatype" : "dateTime"}
]}
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, "answeringDeptShortName" : {"_value" : "Attorney General"}
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, "date" : {"_value" : "2019-03-01", "_datatype" : "dateTime"}
, "hansardHeading" : {"_value" : "National Fund"}
, "houseId" : {"_value" : "2"}
, "legislature" : [{"_about" : "http://data.parliament.uk/terms/25277", "prefLabel" : {"_value" : "House of Lords"}
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], "questionText" : "To ask Her Majesty's Government whether the Attorney General\u2019s application to the High Court to release the assets of the National Fund has now been concluded; and if so, how those assets are shown in HM Treasury\u2019s accounts.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"}
, "tablingMember" : {"_about" : "http://data.parliament.uk/members/4159", "label" : {"_value" : "Biography information for Baroness Hayter of Kentish Town"}
}
, "tablingMemberPrinted" : [{"_value" : "Baroness Hayter of Kentish Town"}
], "uin" : "HL14162"}
, {"_about" : "http://data.parliament.uk/resources/1052534", "AnsweringBody" : [{"_value" : "Department for Business, Energy and Industrial Strategy"}
], "answer" : {"_about" : "http://data.parliament.uk/resources/1052534/answer", "answerText" : {"_value" : " Under the terms of the HM Government funding guarantee, Structural Funds (European Regional Development Fund and European Social Fund) projects signed before the UK exits the EU will continue to be funded even in the event of no deal. The guarantee also enables new projects to be signed after exit until 2020 with funding from HM Government.<\/p> <\/p> This practical measure ensures that beneficiaries can expect to receive the same amount of funding under the guarantee as they would have received if the UK had remained a Member State.<\/p> <\/p> This provides additional certainty to communities, businesses and local partners, guaranteeing investment in regional growth up to the end of the current Structural Funds programme period.<\/p>"}
, "answeringMember" : {"_about" : "http://data.parliament.uk/members/2616", "label" : {"_value" : "Biography information for Lord Henley"}
}
, "answeringMemberPrinted" : {"_value" : "Lord Henley"}
, "dateOfAnswer" : {"_value" : "2019-02-12", "_datatype" : "dateTime"}
, "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"}
, "questionFirstAnswered" : [{"_value" : "2019-02-12T17:58:21.653Z", "_datatype" : "dateTime"}
]}
, "answeringDeptId" : {"_value" : "201"}
, "answeringDeptShortName" : {"_value" : "Business, Energy and Industrial Strategy"}
, "answeringDeptSortName" : {"_value" : "Business, Energy and Industrial Strategy"}
, "date" : {"_value" : "2019-02-01", "_datatype" : "dateTime"}
, "hansardHeading" : {"_value" : "EU Grants and Loans"}
, "houseId" : {"_value" : "2"}
, "legislature" : [{"_about" : "http://data.parliament.uk/terms/25277", "prefLabel" : {"_value" : "House of Lords"}
}
], "questionText" : "To ask Her Majesty's Government what assessment they have made of the implications of a no-deal Brexit on current recipients of EU Structural Funds.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"}
, "tablingMember" : {"_about" : "http://data.parliament.uk/members/4159", "label" : {"_value" : "Biography information for Baroness Hayter of Kentish Town"}
}
, "tablingMemberPrinted" : [{"_value" : "Baroness Hayter of Kentish Town"}
], "uin" : "HL13367"}
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