Prince Harry and Meghan Markle’s Archewell foundation experienced a significant drop in donations, leading to a loss in the past year.
The foundation received $2 million in charitable contributions in 2022, down from $13 million in 2021.
Despite this, it still holds $8.2 million in funds. The organization’s total expenses exceeded its revenue, resulting in a shortfall of over $674,000. (Trending: LeBron James Shares Gun Advice For Americans)
"We commend the Duke and Duchess for taking this enlightened decision, and for affirming that a smaller family is also a happy family," said Population Matters https://t.co/ZV0BO7tFhx
— Breitbart London (@BreitbartLondon) July 10, 2021
Archewell Foundation claims, “We are committed to a simple but profound mission: Show Up, Do Good.”
Additionally, the executive director’s salary saw a substantial increase.
Archewell’s executive director, James Holt, reportedly earned a salary of $227,405, including a $20,000 bonus, in 2022.
Holt benefitted from a 280 percent increase in his salary, surging from the estimated $60,000 he made in his first year.
The couple was also named as showbusiness’ biggest losers of 2023, facing criticism and setbacks in various projects.
According to journalist James Hibberd, top executive Bill Simmon reportedly said the famous couple were dropped from their $20 million Spotify deal for being “f—— grifters”.
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