Prince Harry and Meghan Markle’s Archewell Foundation has filed its 2023 tax report.
Their enemies would like Archewell to fail, but it’s hanging in there despite a huge fall off in 2022.
In 2023, total assets are reported at $10 million. In 2021, their founding year, total sssets were reported at $9 million. In 2022, they fell to $8.3 million. So things are improving.
Donations to the foundation from contributors were $5.3 million, up almost triple from $2 million in 2022.
Salaries zoomed from $640,441 to almost a million dollars. Harry and Meghan do not take salaries from the foundation.
Despite donations to the charity rising, grants going out only increased a little, from $1.2 million to $1.3 million.
The largest grant paid out was to Ashley Biden’s highly rated Women’s Wellness Place of Media, Pennsylvania for $250,000. Second biggest was to the NAACP in Baltimore for $125,000. Runner up at number three was The Markup News in New York $90,000. They’re a progressive journalism site that investigates technology.
All in all, no objectionable donations. The Sussexes played it safe in their third year and reaped rewards.
