Many years before Felipe VI made his heritage public, even before he became King, he already gave clues as to how he understood his role.
He did it in 2009, when the Royal Family was surprised to learn that the then
heirs
were the beneficiaries of
the financial assets
that the Menorcan businessman
Juan Ignacio Balada
left behind upon his death.
Properties and a fortune that Balada wanted to pass into the hands of Don Felipe and Doña Letizia and the eight grandchildren of Don Juan Carlos and Doña Sofía.
Balada arranged that
half of his estate
be for the coffers of the ten members of the then Royal Family and the other half, to
constitute a foundation
dedicated to the training of youth, social projects and the dissemination of culture.
If they did not accept the inheritance, the funds were to go to the State of Israel.
Don Felipe and Doña Letizia created the
Hesperia Foundation
.
Next, the then Princes announced that they were
donating their personal part
of the inheritance to the aforementioned entity.
It was Don Felipe's first clue about how scrupulous he wanted to be with the gifts received.
Then would come the Proclamation and the rules that the King has established in his House.
The Monarch took several years to complete the process of donating his share of the inheritance, as there were real estate to sell and
legal processes
to carry out.
Finally, Don Felipe and Doña Letizia, as announced by the Casa del Rey, allocated
368,050 euros
to the NGO.
Thus,
Hesperia had assets valued at five million euros in 2014
, with which it carries out its social projects.
This Thursday, the Foundation made public the donation of
200,000 euros
for necessary purposes but different from those it used to develop.
As reported in a press release, Hesperia "has donated 100,000 euros to the Spanish Red Cross that will be allocated to the care of
Ukrainian refugees
who have traveled to Spain, and has also donated another 100,000 euros for those affected by the eruption of
the Cumbre Vieja volcano
on the Canary Island of La Palma".
Two realities that the Kings know well and with which they committed themselves in their public acts.
In the case of the island of La Palma, the King and Queen traveled to the archipelago twice, first to support the residents affected by the volcano.
Later, with the end of the eruption, to try to encourage the return of tourists to the island.
In the case of the Ukrainian refugees, this donation is a new support from the King and Queen for the
people who arrive in Spain as victims of the war.
This step comes after Don Felipe and Doña Letizia first visited the Red Cross crisis cell and then learned about the reality of the refugees in the Creade de Pozuelo de Alarcón.
The coffers of the Hesperia foundation could
receive new funds
of their own, because in three years, when the Infanta Sofía comes of age, the eight grandchildren of the Emeritus
must decide what to do with their part of the inheritance
.
It is
immobilized money
, but at least the Princess of Asturias and her sister must donate it to Hesperia, following the policy imposed by her father.
What their cousins do
with it - the four Urdangarin and the two Marichalar - with the corresponding part of it is a
mystery
that will not be revealed
until 2025.
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Philip VI