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Prince William and Prince Harry set up charity

Prince William and Prince Harry have invested some of their own funds into the Charitable Foundation of Prince William and Prince Harry.

They hope the foundation will generate millions of pounds to support injured and psychologically damaged veterans of the armed forces.

The foundation will also donate money to needy young people and will provide financial support for poverty stricken villages in Africa. The money will be raised from private benefactors and fund-raising.

Lord Janvrin, Queen Elizabeth's former private secretary and a most trusted adviser, is to be chairman of the trustees.