This study aims to analyze the role of stakeholders in the Special Region of Yogyakarta, which consists of the palace and the Pakualaman, Kaprajan (local government and district/city government), Campus, Village, and Community. This study also analyzes how the stakeholders manage and understand the Yogyakarta privilege fund. This research uses the descriptive analysis qualitative method. Determination of the sample is done by sampling technique, Clustered random sampling. The number of samples in this survey is 462 respondents with a +/- 5% margin error at the 95% confidence level. The data collection method was that the selected respondents were interviewed face-to-face using a questionnaire by interviewers who had been trained. The results of this study provide evaluations and recommendations for stakeholders in optimizing the management of Yogyakarta's privileged funds. This study provides a mapping of the management and performance of stakeholders in the Special Region of Yogyakarta.