Lord Rothschild honoured by Prince Charles for support of the arts The 77-year-old head of RIT Capital Partners, which manages more than £2bn, was one of five people handed The Prince of Wales Medal for Arts Philanthropy at a special ceremony at St James's Palace State Apartments in London on Wednesday. Through the Rothschild Foundation, he has made donations to the British Museum, the Royal Ballet School, the Ashmolean Museum, the Royal Academy of Music, and the new Migration Museum, among others. In 1994, Lord Rothschild was appointed chair of the Heritage Lottery Fund, a role he described as "chief shopper for the British nation." Also honoured at yesterday's event were Lady Bernstein, who supports dance companies; Philip and Christine Carne, who created the Richard Carne Trust in 2006 to help young people studying drama or music; Delfina Entrecanales, who set up the Delfina Studios Trust to aid artists; and Ian and Mercedes Stoutzker, who have donated £500,000 to the Royal Welsh College.