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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.
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Roger Friedman is the founder and editor-in-chief of Showbiz411. He wrote the FOX411 column on FoxNews.com from 1999 to 2009, where he covered Michael Jackson, and previously wrote the "Intelligencer" column at New York magazine in the mid-1990s, where he covered the O.J. Simpson trial. He also edited Fame magazine. His bylines have appeared in The New York Times, The Washington Post, the New York Daily News, the New York Post, Vogue, Details, and the Miami Herald. He is a voting member of the Critics Choice Awards (Film and Television branches), and his movie reviews are tracked by Rotten Tomatoes. With D.A. Pennebaker and Chris Hegedus, he co-produced the 2002 documentary "Only the Strong Survive," which screened at Directors' Fortnight at the Cannes Film Festival.
