"Archewell Foundation's Donations Decline by $11 Million, but Meghan and Harry Celebrate Success in Annual Report"

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Source: Hindustan Times
"Archewell Foundation's Donations Decline by $11 Million, but Meghan and Harry Celebrate Success in Annual Report"
Photo: Hindustan Times
TL;DR

Prince Harry and Meghan Markle's Archewell Foundation experienced an $11 million decrease in donations in the past year, with contributions dropping from $13 million to $2 million. The foundation operated at a loss, with a net revenue deficit of -$674,485, despite maintaining approximately $8 million in assets. The executive director of Archewell received a significant salary increase, while the Duke and Duchess of Sussex do not draw a salary from the foundation. Archewell made charitable donations totaling about $1.2 million, including contributions to the Halo Trust and the NAACP Empowerment Programs Inc. The release of Archewell's impact report was criticized for overshadowing footage of Kate Middleton and her children volunteering at a baby bank.

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