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**Meghan and Harry’s Archewell Foundation: A Financial Fiasco Unveiled**

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**Meghan and Harry’s Archewell Foundation: A Financial Fiasco Unveiled**

The latest tax disclosure from Meghan and Harry's Archewell Foundation has sent shockwaves through the philanthropic world, but not for the right reasons.

Former generous donor has decided to cut ties with the foundation, citing concerns over its financial management.

, in particular, is facing criticism for allegedly accumulating a substantial $10 million, raising doubts about her commitment to charitable endeavors.

The once highly esteemed foundation, known for its royal connections, now finds itself entangled in a web of financial turmoil.

In an attempt to salvage their reputation, the foundation released its 2022 Form 990 tax form, aiming to emphasize that philanthropy goes beyond mere monetary contributions.

However, a closer look at their financial report reveals a different story, one that is far from flattering.

The numbers speak volumes.

Donations have plummeted by a staggering 81% following Oprah's withdrawal of support, signaling a drastic decline rather than a mere setback.

Moreover, the foundation's operational expenses have skyrocketed to alarming levels, raising questions about their financial prudence.

Employee costs have surged by 60%, with some individuals holding positions in both the profit-driven and nonprofit arms of Archewell.

As revenue from commercial ventures with platforms like Spotify and Netflix remains modest, these employees are increasingly reliant on the diminishing funds of the nonprofit sector.

In 2022, the foundation received a mere fraction, 15%, of the previous year's funding, leading to a significant reduction in grants awarded, down by over 50%.

Meanwhile, non-grant expenditures have surged dramatically, indicating a concerning pattern of financial mismanagement.

The spike in employee-related expenses, from $163,000 to $640,000, raises eyebrows about the necessity of such lavish spending for an organization with limited resources.

Additionally, fees for independent contractors have also seen a sharp increase, further straining the foundation's already depleted coffers.

With a stark decrease in total funds received, from $13 million in 2021 to a meager $2 million in 2022, the foundation's financial woes are becoming increasingly apparent.

The absence of any mention of the alleged $10 million held by Meghan in the tax documents only adds to the growing skepticism surrounding the foundation's operations.

Furthermore, the failure to contribute to previously supported causes like the Invictus Games and Wellchild reflects poorly on the Sussexes' commitment to philanthropy.

The lack of transparency regarding donations to organizations such as World Central Kitchen raises further doubts about the true intentions behind Archewell's activities.

The troubling financial discrepancies within the foundation paint a grim picture of an organization more focused on self-interest than genuine altruism.

This debacle extends beyond mere public relations concerns; it serves as a cautionary tale on how not to manage a charitable entity.

Meghan and Harry must address these issues promptly if they wish to salvage what little credibility remains.

Failure to rectify the foundation's financial woes may result in irreparable damage to their philanthropic legacy, leaving them adrift without a solid foundation to support their altruistic endeavors.

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