Archewell Foundation Reports $11 Million Drop in Donations

Despite the drop, the charity still holds around $8 million in assets and continues to fund various initiatives, including programs to combat bias and misinformation.

Archewell Foundation, the charity organization of Prince Harry and Meghan Markle, reported a drop in donations from $13 million in 2021 to $2 million in 2022, according to its annual financial report.
The foundation recorded a loss of $674,485 last year due to costs exceeding revenue.
Despite the drop in donations, the foundation still holds around $8 million in assets and has reportedly given out $1.2 million in donations to various causes.
Executive director James Holt's salary increased from $59,846 to $227,405 between 2021 and 2022.
The foundation's initiatives include a program to educate American judges on bias against black women, support for displaced Afghan women, and combating misinformation.