The News
Charity Navigator Exposes Sussex Scam: IRS Shuts Down Archewell for Financial Report Refusal
Charity Navigator has uncovered a scandal involving the Sussexes, as the IRS takes action against their organization, Archewell, for failing to submit a financial report.
The scrutiny comes after broadcaster Esther Crack raised serious allegations against Prince Harry, labeling him as utterly ridiculous and questioning the couple's lack of substantial contributions.
According to Crack, the royal couple's actions have been deemed sensationalist, especially in light of their departure from the royal family and subsequent pursuit of public attention through deals with major media platforms like Netflix and Spotify.
A recent feature highlights Prince Harry's charitable endeavors and portrays him as a significant figure in the philanthropic world.
Despite this attempt at reputation management, doubts persist regarding the authenticity of the Sussexes' charitable efforts, particularly concerning the operations of the Archewell Foundation.
While the Sussexes claim to have raised over $13 million in their foundation's first year, questions arise about the source and utilization of these funds.
Criticism has been directed towards the lack of transparency in their financial reporting, with Charity Navigator withholding a score due to insufficient data.
Additionally, Archewell's failure to file a 990 form since 2021 raises concerns about compliance with IRS regulations governing non-profit organizations.
The absence of financial disclosures could potentially lead to the shutdown of Archewell if the organization fails to meet regulatory requirements.
The significance of the 990 form lies in its ability to track the income and expenses of charities, ensuring accountability and adherence to legal standards.
With the deadline for filing the 2022 form already past due, speculations arise about the Sussexes' intentions regarding the future of Archewell, especially in light of a potential divorce scenario.
Sources suggest that the delay in filing may be strategic, possibly indicating a plan to wind down the organization in alignment with personal developments.
Drawing parallels to past trademark application patterns, it is speculated that the Sussexes might be employing a similar approach with Archewell, potentially leading to its eventual closure.
The financial implications of such decisions could impact the division of assets in the event of a divorce, with potential ramifications for spousal support arrangements.
As the saga unfolds, the spotlight remains on the Sussexes and their charitable endeavors, raising questions about accountability, transparency, and the true impact of their philanthropic initiatives.
The intersection of fame, wealth, and public perception continues to shape the narrative surrounding Prince Harry and Meghan Markle, underscoring the complexities of navigating royal responsibilities in a modern, media-driven world.