AceShowbiz
 
Details of Prince Harry and Meghan Markle's Archewell Foundations Leaked Online
AceShowbiz
Celebrity

Its also reported that the Duke and Duchess of Sussex also dished out more than $3 million in grants from the good cause after they raised $13 million from 'two wealthy benefactors.'

AceShowbiz - Prince Harry and his wife Meghan Markle have reportedly been working one hour a week at their Archewell Foundation. The Duke and Duchess of Sussex also dished out more than $3 million in grants from the good cause after they raised $13 million from "two wealthy benefactors," according to a report on its newly-released 2021 tax records.

DailyMail.com, which obtained the public documents, said Harry and Meghan "only worked one hour each a week at the foundation, thus, 52 hours a year." The outlet added the 990 tax return, which it said appeared on the IRS' website, shows the foundation, named after the Sussexes' three-year-old son Archie, gave out $3,096,319 in grants, and raised "less than $4,500 in public donations."

The foundation is apparently "mostly propped up by two wealthy philanthropists who contributed a combined $13 million," according to the Mail's analysis of the documents. Papers were also said to show the charity spent $163,085 on salaries, and while Harry and Meghan did not take a wage, its CEO James Holt has apparently received a $59,846 salary and $3,832 in other benefits.

There are reportedly two other salaries on the tax return, $40,867 for "program service" and $22,811 for "management and general expenses," suggesting the charity has three paid staff. It's been widely reported 16 employees have left the overall Archewell brand. a mix of non-profit and for-profit business including Archewell Productions and Archewell Audio.

The Mail said Harry and Meghan, who also have 21-month-old daughter Lilibet, declare in their tax filing Archewell's key mission is to "uplift" and "unite" communities "one act of compassion at a time."

They are said to have added in the documents, "Archewell Foundation believes that compassion is the defining cultural force of thee 21st century and, through its work, Archewell Foundation supports a growing community of partner organisations fuelling systemic cultural change. Archewell Foundation listens to people and their communities, helps them tell their stories, puts real action behind its words, and spotlights a new generation of leadership."

Harry and Meghan's foundation impact report released in January said it helped pay for 12.66 million COVID vaccinations globally while working with anti-poverty charity Global Citizen. Funds were also given to charities supporting refugees from Afghanistan and Ukraine.

About This Article

AI-Assisted Content: This article was created with the assistance of artificial intelligence technology under human editorial oversight. Our editorial team reviews and verifies all AI-generated content for accuracy.

Sources: Information in this article may be aggregated from publicly available sources including press releases, news agencies, and entertainment industry sources. We provide attribution where applicable and strive to ensure factual accuracy.

Learn More: For details about our editorial standards and practices, visit our Editorial Standards page.

Contact: Questions or concerns? Email us at [email protected]

Follow AceShowbiz.com @ Google News

You can share this post!

You might also like
Related Posts