Monday, April 22, 2024

Harry and Meghan’s Archewell Foundation Ended 2022 MINUS $675K, Down $11 Mil in Donations, UP $500K in Salaries

Share

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.

Roger Friedman
Roger Friedmanhttps://www.showbiz411.com
Roger Friedman began his Showbiz411 column in April 2009 after 10 years with Fox News, where he created the Fox411 column. His movie reviews are carried by Rotten Tomatoes, and he is a member of both the movie and TV branches of the Critics Choice Awards. His articles have appeared in dozens of publications over the years including New York Magazine, where he wrote the Intelligencer column in the mid 90s and covered the OJ Simpson trial, and Fox News (when it wasn't so crazy) where he covered Michael Jackson. He is also the writer and co-producer of "Only the Strong Survive," a selection of the Cannes, Sundance, and Telluride Film festivals, directed by DA Pennebaker and Chris Hegedus.
spot_img

Read more

In Other News