The Royal Society receives a grant from the Department for Business, Energy and Industrial Strategy (BEIS). This supports work on scientific excellence and innovation, science and mathematics education, international activities and science communication activities.
The grant represents that share in the Science budget - voted annually since 1849 by Parliament - which is administered by the Society.
The grant is negotiated with BEIS and is used by the Society for a variety of agreed purposes. Expenditure is subject to review and examination by BEIS and the National Audit Office.
Download the Grant Delivery Plan 2016-2020 (PDF).
Between 2011 and 2016, the Government has invested £236 million in the Royal Society in the following proportions:
2011/12: £47.830m
2012/13: £47.101m
2013/14: £47.101m
2014/15: £47.101m
2015/16: £47.101m
Reports are made regularly to BEIS on the progress of all programmes and funding schemes funded by the grant.