Harry and Meghan’s $1.2million Archewell donations: Sussexes gave $200k to ‘gender justice initiative’, $100K to the anti landmine Halo trust and $10,000 to flood relief in Nigeria – after paying $640,000 in salaries for five employees
Prince Harry and Meghan Markle‘s Archewell Foundation donated more than a million dollars to a host of projects after paying staff hundreds of thousands.
Harry and Meghan’s charity gave $200,000 to Georgetown University’s gender justice initiative and $100,000 to the Halo Trust, which Princess Diana also supported.
Archewell also gave $10,000 to flood relief in Nigeria and $50,000 to a Ukrainian crisis response charity.
The charity’s annual report showed huge donations to a host of other projects, as well as the fact that its donations have dived.
Meanwhile, executive director James Holt, considered the Sussexes’ right-hand man since Megxit, was paid $227,405 a year (£180,835), including a $20,000 (£15,904) bonus.
Prince Harry and Meghan Markle ‘s Archewell Foundation donated more than a million dollars to a host of projects after paying staff hundreds of thousands
Harry and Meghan’s charity gave $200,000 to Georgetown University’s (pictured) gender justice initiative
Archewell also gave $10,000 to flood relief in Nigeria via Save The Children
This was around a $170,000 (£133,000) pay rise, up from his starting salary of $59,846 (£47,641) the year before.
Holt’s 2021 salary did not reflect a full 12 months of work because he joined in the middle of the year, it is understood.
The Foundation employed five people, with salaries totaling $640,441 (£509,285) for the year. Harry and Meghan did not take a salary.
It also emerged that Archewell’s finances have dived.
Donations to Prince Harry and Meghan Markle’s Archewell Foundation have plunged by $11million (£8.7m) in the past year with boss and the couple’s right-hand man James Holt handed a substantial pay rise, it was revealed today.
An income tax return filed in the US revealed today that in 2022 donations were down to just over $2million (£1.6m) – down from $12.9million (£10.3m) in 2021, an astonishing drop of $11million (£8.7m).
Prince Harry, Duke of Sussex walks through a minefield during a visit to see the work of landmine clearance charity the Halo Trust, on day five of the royal tour of Africa on September 27, 2019 in Dirico, Angola
The charity gave $50,000 to a Ukrainian crisis response charity. Pictured: A Polish soldier carries a child and helps a refugee family after they crossed the border into Poland from Ukraine at the border crossing in Medyka, eastern Poland, on March 9, 2022
The charity’s annual report showed huge donations to a host of other projects, as well as the fact that its finances have dived
2021’s profit of $9million (£7.1m) has evaporated due to a lack of donations. The Archewell Foundation recorded a loss of $674,485 (£536,357) for last year because revenue was $2million but costs were $2.67million.
Last year there were only two major donors giving around $1million (£795,210) each. The year before an unidentified wealthy donor gave them $10million but there was no repeat in 2022.
It follows a tumultuous year for the couple, which saw Harry’s vitriolic memoir, Spare, top the bestseller lists but their personal popularity ratings tumble.
They were also the subject of ridicule by popular televisions shows such as South Park and Family Guy, lambasted after claims about a reportedly ‘near catastrophic’ car chase in New York and lost their lucrative podcast deal with Spotify, where one senior executive labelled them ‘f****** grifters’.
The couple set up their Archewell Foundation after quitting the Royal Family and say it is an ‘impact-driven global nonprofit that puts compassion into action’ which is ‘committed to a simple but profound mission: show up, do good.’
Prince Harry and Meghan Markle have released a video showing Archewell’s 2023 ‘impact’ – but their annual report also reveals that their foundation has recorded a loss
The foundation has filed its annual tax return showing donations have plunged (top set of circled figures) and a profit has turned into a loss (bottom, circled) – but they do still have cash in the bank
The foundation’s highest paid employee is Meghan and Harry’s right-hand man James Holt (right with the couple in their Netflix Invictus documentary). He was paid $227,405 a year ($180,835), including a $20,000 (£15,904) bonus
This section of the report shows two contributions of $1million each (£800,000) to Archewell
Despite the loss in 2022, it appears that the foundation, described as a ‘non-profit’ organisation, still holds around $8.3milllion (£6.6m) in cash and assets.
High-profile foundations sometimes receive a large amount of funding in the first year which is then used over the course of several years. If a foundation already has a large amount of money in the bank this may lead them to reduce future fundraising.
Harry and Meghan have released a video showing Archewell’s 2023 ‘impact’ just hours after the Princess of Wales shared a clip of herself at a baby bank with Prince George, Princess Charlotte and Prince Louis.
The royal couple shared a one-minute clip showing people and causes their foundation has helped throughout 2023. They have shared similar videos in the past, but usually not until January.
This release, just hours after Kate was praised for the sweet footage of the Wales children at at Windsor baby bank, may now raise eyebrows in royal circles.
Perhaps in a bid to show they are a hands-on couple, the video shows them hugging veterans, packing bags for school girls in Nigeria and taking selfies with dozens of supporters.
