UK Royal Society Funding: ‘A closer look at the most recent set of accounts for 2010/11 show just how reliant the Society has become on government funding’
'So government funding amounts to 67% of total income. Similar amounts have been fixed for a 5 year period to allow Society to plan ahead properly. It is also worth noting the income generated from commercial activities, such as investment income & publications. The Royal Society still claim to be 'an independent scientific academy'. Andrew Montford, however, describes it as 'being something more akin to a government department'...a very well paid one'