ga('ads.send', { }); 04 Jun 2021. Prince Harry and Meghan Markle's Archewell Foundation has released a 24-page "impact report" detailing its work since its inception three years ago - and it comes after two key staff members at . The couple have hired an executive from Universal's film division to run their PR and another from Sony Pictures to head their marketing division. Like its two patrons, Archwell has been at the heart of many controversies since it was first launched in April 2020. Archewell received $10 million via a Donor Advised Fund called Silicon Valley Community Fund (SVCF). Belinda Dawkins Author has 940 answers and 180.9K answer views Sep 3 NEVER They would havestolen what funds were there 10 Malka Gittel Bas Reuven },false) Now that they are no longer senior working royals, Meghan and Harry are branching out on their own to launch the Archewell Foundation. Prince Harry and Meghan Markle are doing their part to aid Texans suffering from Winter Storm Uri. founded non-profit organization Archewell, non-profit organization, Archewell, is raising eyebrows. Charities are required to detail their finances through a public "Form 990" with the IRS at the end of the year. "At Archewell, we unleash the power of compassion to drive systemic cultural change," their official website notes, adding that, "We do this through our non-profit work within Archewell Foundation 501(c)(3), in addition to creative activations through the business verticals of audio and production." Officers, directors, trustees, and key employees, Analyze a variety of pre-calculated financial metrics, Access beautifully interactive analysis and comparison tools, Compare nonprofit financials to similar organizations, Revenue and expense data for the current fiscal year, CEO, Board Chair, and Board of Directors information. Prince Harry and Meghan Markle's non-profit Archewell Foundation is almost entirely funded by a . We meet the moment by showing up, taking action and using our unparalleled spotlight to uplift and unite communities, both local and global, online and offline. This organization has no recorded board members. Meghan took part in an ad campaign for the make-up brand in 2016. The generous benefactor set up a donor fund with the Silicon Valley Community Foundation and directed the $10,000,000 tax deductible gift to Archewell, The $10million grant to Archewell is listed on the SVCF website and states that it was for 'general nonprofit support' rather than one project. The large sum of $10million - 77% of Archewell's total 2021 income - came from the unidentified wealthy donor. Email contact available with a Pro subscription. As for his and Meghans broad-casting careers, and the vast inked deals with Netflix and Spotify, the pressure will now be on to pull in big audiences that live up to the hype. The money raised by the. Interestingly enough, the couple actually spent more than $50,000 between June 2020 and June 2021 dissolving their Sussex Royal (now-MWX Foundation) charity. This organization is required to file an IRS Form 990 or 990-EZ. Archewell released its 2020-2022 impact report at the end of January, and briefing notes from the Sussexes' favorite reporter Omid Scobie said it had raised $13million in revenue anddistributed $3million in grants across areas including 'vaccine equity, relief centers, refugee resettlement and building a better online world.'. For further details of our complaints policy and to make a complaint please click this link: thesun.co.uk/editorial-complaints/, Prince Harry and Meghan Markle have 11 different companies registered in Delaware, The Sussexes deal with Netflix is reportedly worth 74million, Delaware is known as the Switzerland of the US due to the state's relaxed tax regulations, One company, Orinoco Publishing LLC, is a nod to one of Princess Diana's favourite songs, Meghans old address inspired the name for firm that has rights to her kids book, One company, Cloverdale Inc, is linked to the Los Angeles street where Meghan grew up. Reddit and its partners use cookies and similar technologies to provide you with a better experience. In applying for the "creation, development, production and distribution of podcasts, audio programmes, music, and audio books," as well as "live podcast performances, live stage performances, live music performances, and live audio-book readings," U.S. lawyers have asked that the "applicant must clarify these are entertainment-based services" and "specify the nature of the 'live stage performances," perDaily Mail. Archewell Foundation builds a playground in Uvalde after mass shooting Prince Harry and Meghan Markle's Archewell Foundation has joined forces with other charities to build a playground for. And Baobab Holdings LLC could be influenced by the tree of the same name, which is native to Australia and Africa. UK watchdogs also raised concerns over the fact the non-profit was registered in Delaware, a popular route for those seeking to hide their wealth as uncovered by the Pandora Papers. hitType: 'event', Ruling year info 2020 Principal Officer JAMES HOLT Main address 9665 Wilshire Blvd Fl 5 Beverly Hills, CA 90212 United States EIN 85-2213963 NTEE code info Public Foundations (T30) Forms 990-T filed by 501(c)(3) organizations are also available. Since the start of 2020, Meghan, Duchess of Sussex, and Prince Harry have been quietly working on the launch of their new nonprofit organization, Archewell. hitType: 'event', It begs the question as to why a rich donor would pay for 'general support' rather than specific Archewell causes? 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