Overview
- On Dec. 19, the couple said the Archewell Foundation will become Archewell Philanthropies and operate under a fiscal sponsor to reduce administrative burden.
- A spokesperson told PEOPLE that some redundancies are inevitable during the shift, particularly in junior administrative roles.
- Daily Mail and Page Six report three staff departures, and Page Six says only two charity employees remain, claims not independently confirmed by the couple.
- Archewell’s 2024 Form 990 lists $5.1 million in expenses and $2.1 million in donations and grants, reflecting higher costs and lower contributions than the prior year.
- Archewell says the new setup positions its work as a long-term family philanthropic enterprise, with an established 501(c)(3) handling compliance, finances and grantmaking as the couple guides priorities.