Prince Harry and Meghan Markle’s Archewell Foundation skidded off the tracks in 2022.
According to Archewell’s Form 990, the not for profit’s contributions fell by $11 million, from $13 mil to $2 mil.
Still, salaries went UP by $500,000.
Archewell finished the year technically in the red, MINUS $675,000 in Revenue Less Expenses.
The foundation’s grants to needy causes were cut by more than half, from $3 mil to $1.2 million.
The donations made by Archwell included $200K to Georgetown University. (What? What?) and $165,000 to Kaboom, a group that creates playspaces in communities.
I have no idea what this charity is, really. There doesn’t seem to be a clear mission other than to exist.
