The Crown Estate is the property of the Sovereign “in right of the Crown”, as set out on the official website of The Crown Estate. Since 1760 each monarch has surrendered its revenue to the Exchequer in return for government support. For more details, you can view financial information on this section of the official website of The Crown Estate. The profit of The Crown Estate is a reference point for the calculation of Sovereign Grant. The Crown Estate does not pay the Sovereign Grant to the Monarch directly. It makes a payment each year to the Consolidated Fund and HM Treasury pays the Sovereign Grant to the Monarch.