Particle.news
Download on the App Store

Archewell Rebrands as Archewell Philanthropies, Confirms Staff Reductions in Move to Fiscal Sponsorship

The shift to a fiscal-sponsorship model transfers administrative functions to an external 501(c)(3), making some roles redundant, a spokesperson says.

Overview

  • Harry and Meghan announced on Dec. 19 that their Archewell Foundation is now Archewell Philanthropies and will operate under a fiscal sponsor structure.
  • An Archewell spokesperson said staff redundancies are inevitable, particularly in junior administrative roles, and declined to discuss personnel specifics.
  • Multiple outlets reported three staff departures during the restructuring, while a Page Six claim that only two employees remain is disputed.
  • Under the new model, an established nonprofit will handle compliance, finances, and global grantmaking as the couple continues to set program priorities.
  • Recent filings show 2024 expenses of about $5.1 million against $2.1 million in donations and $1.25 million in grants, fueling ongoing media scrutiny of the charity’s finances.