"Prince Harry and Meghan Markle's Archewell Foundation Faces Major Donation Decline"
TL;DR
Prince Harry and Meghan Markle's Archewell Foundation experienced an $11 million drop in donations in 2022 compared to the previous year, according to a tax filing. The foundation's total expenses exceeded its revenue, leaving it with a deficit of over $674,000. The executive director's salary increased by 280% from the previous year. The foundation currently holds over $8.3 million in assets and cash. Overall contributions to nonprofit organizations fell more than 10% in 2022, with individual donations declining by 13.4%.
Topics:entertainmentphilanthropy#archewell-foundation#donations#financial-decline#meghan-markle#philanthropy#prince-harry
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