Prince William is set to announce the launch of The Princetown Community Fund during a visit to the village of Princetown in Devon. The fund will provide at least £250,000 to support local social, economic, and environmental projects. During his visit on Tuesday, William will unveil the initiative, which will be managed by Devon Communities Together. Grants from the fund will range from £500 to £40,000, offering support to local organizations applying for funding. William no longer receives personal income from the £1.5 million annual rent generated by the disused Dartmoor Prison, following changes announced earlier this year. He requested that these funds be redirected from his Duchy of Cornwall income starting in 2026-27, ensuring they are used for local community development. A 2024 investigation by Dispatches and The Sunday Times revealed that the Duchy of Cornwall entered a £37 million agreement in 2022, leasing Dartmoor Prison to the Ministry of Justice for £1.5 million annually over 25 years. The prison, a Category C facility, has been empty since July 2024 due to high levels of radon gas, a naturally occurring radioactive element linked to lung cancer, found in the accommodation areas. The Princetown Community Fund is part of a larger plan by William to invest over £500 million over ten years into local communities, housing, green energy, farming, and environmental recovery. During his visit, William will tour Gather & Moor, a new cultural and community space created by the Duchy of Cornwall in Princetown, and meet representatives from Princetown Press. He will also engage with residents shaping the village's long-term future and visit a youth club that received funding from the Duchy to improve its facilities. The fund will continue the work started by the Princetown Place Strategy and the Encounters Shop initiative, both aimed at improving the local community. William’s visit coincides with the 42nd birthday of the Duke of Sussex, Harry. However, William has not publicly commented on Harry’s recent return to the UK, as the two brothers remain estranged.