Browsed by
Month: May 2024

New Kingdom Profit Share Rules

New Kingdom Profit Share Rules

Starting January 1, 2024, all royal progress events will profit share with the kingdom. Per Kingdom law:

·         For events that report a net profit below $2,000, the local branch shall retain 100% of the net profit

·         For events that report a net profit between and including $2,000 and $3,000, the local branch shall retain 90% of the net profit, the other 10% being given to the East Kingdom.

·         For events that report a net profit above $3,000, the local branch shall retain 80% of the net profit, the other 20% being given to the East Kingdom.

Starting July1, 2024 all Baronial Investitures are considered Kingdom events and the profit share is a 50%/50% split.

Please see the FAQ for the address to which to send profit share checks