Minus 11 million in one year. Donors to the Archewell Foundation, founded by Meghan Markle and Prince Harry, are abandoning ship

The results are overwhelming. according to information Daily Express The Archewell Foundation, founded by Prince Harry and Meghan Markle, will make a significant loss in 2022, it was revealed this Tuesday, December 12. According to the charity’s tax return, which was obtained by the British daily, the California-based couple reportedly lost. about 11 million dollars in donations in one year. In 2020, he received 13 million donations from several benefactors.

In 2022, the Sussexes received money from only two donors, a paltry sum of “just one million dollars” each, therefore reducing their total income. Moreover, in addition to this 2 million out-of-pocket, the tax report shows higher expenses, exceeding 2.6 million dollars. It is not known where the money was invested. In addition, the report shows that Sussex residents reportedly spent just one hour a week working at their foundation last year, despite its chairmen. To manage the space, they employed 5 people, whose total salary is $500,000 per year. James Holt, their general manager, was awarded a $20,000 bonus for their loyal service.

“do well”

The Archewell Foundation, created by Meghan and Harry in October 2020, aims to “do good,” she writes in her website description. Among its missions, we can list the Responsible Technology Youth Power Fund Cohort, an initiative that rewards young innovators working towards a responsible digital culture with a $2 million grant. Two years ago in August 2021, Archie and Lilibeth Diana’s parents also supported Women For Afghan Women (WAW) to help evacuate thousands of Afghan women, children and families from the country. But while some have praised the couple’s philanthropic actions, today it seems that they are no longer living up to the expectations of the world, but especially their donors.