Proceeds from Bona Vacantia in the Duchy of Lancaster are divided between two registered charitable trusts. One of these is the Duchy of Lancaster Benevolent Fund and is used to make small grants to associations and organisations in, or with connections to, the County Palatine. Those with strong associations with the Duchy of Lancaster are also eligible to apply.

Trustees of this charitable trust are appointed by trust deed and are currently as follows:

The Hon. Mr. Justice Alastair Norris, Vice-Chancellor of the County Palatine of Lancaster. Appointed as a Trustee in 2013 (Chairman)

Mr Robert Miles, QC, Attorney General of the Duchy
Appointed as a Trustee in 2012.

Sir Alan Reid, KCVO, Receiver General of the Duchy
Appointed as a Trustee in 2002.

The Lord Shuttleworth KCVO JP, Lord-Lieutenant of Lancashire
Appointed as a Trustee in 1997.

Mr Warren Smith, JP, Lord-Lieutenant of Greater Manchester
Appointed as a Trustee in 2007.

Dame Lorna Muirhead, DBE, DL. Lord-Lieutenant of Merseyside
Appointed as a Trustee in 2006.

Mr Chris Adcock, Chief Finance Officer of the Duchy
Appointed as a Trustee in 2006.

County Councillor Geoff Driver, Leader of Lancashire County Council
Appointed as a Trustee in 2009.

Mr Tim Crow, Solicitor for the Affairs of the Duchy of Lancaster                               Appointed as Secretary in 2012.