Archewell: Prince Harry and Meghan Markle’s foundation comes off the California debt list | People

Archewell: Prince Harry and Meghan Markle’s foundation comes off the California debt list | People
Archewell: Prince Harry and Meghan Markle’s foundation comes off the California debt list | People

The Archewell charitable foundation, run by Henry of England (London, 39 years old) and his wife, Meghan Markle (California, 42 years old), has been removed from the list of defaulters in California, as indicated this Tuesday, May 14, by the American newspaper Los Angeles Times and other American media have also confirmed, such as People either Page Six. The State Attorney General’s Office has confirmed that the institution regularized its situation two days after learning of the foundation’s entry on said list. So, as the unofficial spokespersons for the couple confided last Monday, in less than a week a situation that forced the organization to practically cease all its activity has been resolved until it is resolved. “After being in contact with our Registry of Charities and Fundraisers, the organization is up to date and in good standing,” the California Attorney General’s Office confirmed in a statement.

The news that it had been declared delinquent was published this May 13 by the magazine People. According to the document to which he had access, Archewell entered the list of defaulters of the California Registry of Charities and Fundraisers “for failing to submit the required annual reports and/or renewal fees.” An organization listed as delinquent, according to that text, “is not in good standing and is prohibited from engaging in activities for which registration is required, including the solicitation or disbursement of charitable funds.” Under that criterion, an institution may also be subject to sanctions and its registration may be suspended or revoked until it pays what it owes. “Once you submit the delinquent registration or registrations, you will be notified of the amount of late fees you owe,” the note warned.

California Attorney General Rob Bonta issued the delinquency notice on May 3. Sources close to Archewell then indicated, according to People, that it was an administrative problem, because the check had been sent, but had not arrived on time. In the end they decided to send a new one by mail, with which it was hoped that the matter would be resolved. They expected the situation to be resolved in a maximum of seven business days, and in the end it only took two. “We have diligently investigated the situation and can confirm that the Archewell Foundation remains in full compliance and good standing. Payments due were made promptly and in accordance with IRS processes and procedures. Furthermore, all the necessary documentation had been presented by the foundation without errors or irregularities,” a spokesperson for the foundation confirmed to People and Page Six. This last medium indicates that the amount owed to the foundation was 200 dollars.

The Archewell Foundation is a nonprofit organization registered in California and created by Prince Harry and Meghan Markle after they left their roles within the British royal family and settled in the United States in 2020. Its website indicates that its purpose The main thing is “simple: show up, do good.” “We meet the moment by standing up, taking action, and using our incomparable care to uplift and unite communities, local and global, through acts of service and compassion,” it is defined.

The first full year of the foundation’s life was a success. In 2021 they managed to raise more than 13 million dollars; Of those, eight had been donated by an individual, although it is not known who it was. However, in 2022 the accounts fell sharply to two million dollars, with donations made by only two people, whose identity is also unknown. That became known at the end of 2023, as it was also made public that the foundation had recorded a deficit in its accounts of $674,000. Archewell, which still has assets and cash flow of $8.3 million, according to its latest accounts, had five employees in 2022 — the Duke and Duchess of Sussex are its directors, but do not receive a salary. Among them stands out its executive director, James Holt, former press chief for Enrique and Meghan but also for his brother William and Kate, then the Duke and Duchess of Cambridge, whose salary has increased from the $60,000 (about 55,400 euros) he earned in 2021 to the 227,400 euros per year that he now receives.

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