The Keeper of the Privy Purse and Treasurer to the King/Queen (or Financial Secretary to the King/Queen) is responsible for the financial management of the Royal Household of the Sovereign of the United Kingdom. The officeholder is assisted by the Deputy Treasurer to the King/Queen for the management of the Sovereign Grant, currently Sally O'Neill (formerly Chief Operating Officer of the Royal Opera House). The officeholder is also assisted by the Deputy Keeper of the Privy Purse for semi-private concerns, such as racing stables, the Royal Philatelic Collection, Royal Ascot, the Chapel Royal, the Page of Honour, Military Knights of Windsor, Royal Maundy, the Royal Victorian Order, grace and favour apartments, and the Duchy of Lancaster. These are funded from the Privy Purse, which is drawn largely from the Duchy of Lancaster and the Duchy of Cornwall. The Keeper of the Privy Purse meets the Sovereign at least weekly. Among the duties is the allocation of grace and favour apartments at the royal palaces. The current Keeper of the Privy Purse and Treasurer to the King is Sir Michael Stevens. At coronations in recent centuries, the holders of this office have invariably carried a ceremonial purse, embroidered with the royal coat of arms. List of Keepers of the Privy Purse Henry VIII Henry Norris by 1526–?1536 (executed 1536) Anthony Denny c. 1536 Edward VI Peter Osborne 1551–1552 Elizabeth I John Tamworth, 1559–1569 Henry Seckford 1559–1603 James I Sir Richard Molyneux, 1st Baronet, 1607–? George Home, 1st Earl of Dunbar, c. 1610–1611 John Murray, 1st Earl of Annandale 1611–1616 Charles I Richard Molyneux, 1st Viscount Molyneux, PC 1616?–1636 Robert Carr, 1st Earl of Ancram, PC 1636?–1639 Charles II Henry Bennet, 1st Earl of Arlington, KG, PC (1661–1662) Charles Berkeley, 1st Earl of Falmouth, PC 1662–1665 Baptist May 1665–1685 James II James Graham, 1685–1689 William III William Bentinck, 1st Earl of Portland, KG, PC 1689–1700 Caspar Frederick Henning, 1700–1702 Anne Sarah Churchill, Duchess of Marlborough 1702–1711 Abigail Masham, Baroness Masham 1711–1714 George I Caspar Frederick Henning, 1714–1727 George II Augustus Schutz, 1727–1757 The Honourable Edward Finch, 1757–1760 George III John Stuart, 3rd Earl of Bute, KG, PC 1760–1763 William Breton, 1763–1773 James Brudenell, 5th Earl of Cardigan, PC 1773–1811 The Right Honourable Colonel Sir John McMahon, 1st Baronet, 1812–1817 Lieutenant-General Benjamin Bloomfield, 1st Baron Bloomfield, GCB GCH PC 1817–1822 George IV The Right Honourable Sir William Knighton, 1st Baronet, GCH 1821–1830 William