The News
**Meghan Markle Faces Allegations of Limited Work Hours and Financial Mismanagement**
Meghan Markle, the Duchess of Sussex, is under scrutiny for allegedly working only two days a year and presenting a falsified tax report.
Accusations suggest that she concealed funds within Archuel, the charitable organization she established with Prince Harry.
Recent reports hinted at financial troubles within the Archuel Foundation, citing a notable drop in revenue from 2021 to 2022.
However, insiders have revealed to TMZ that these reports lack crucial context, asserting that claims of financial strain are misleading.
The narrative surrounding the Archuel Foundation's financial state has been distorted by recent publications.
According to sources familiar with the matter, evaluating the organization's financial well-being solely based on profit and loss figures is an oversimplification.
Despite negative portrayals in the media, the Archuel Foundation remains financially robust, akin to its inception in 2020, concluding the year with over $8 million in reserves.
A particular focus was placed on the decrease in donations between 2021 and 2022, plunging from $13 million to approximately $2 million.
Additionally, the foundation acknowledged a technical deficit of around $674,000 due to expenses surpassing revenue in the past year.
Nevertheless, it is common for charitable entities to experience a decline in donations after their inaugural year, as the initial period typically garners the most substantial contributions.
The Archuel Foundation demonstrated foresight by conserving a significant portion of funds amassed between 2020 and 2021, now strategically deploying these resources towards long-term objectives.
While donation figures have dwindled, the foundation continues to actively engage in philanthropic endeavors.
Operating within the confines of the 501c3 framework, they are under pressure to innovate revenue generation strategies amidst declining donations.
In essence, the Archuel Foundation maintains financial stability and possesses considerable reserves.
However, calls for transparency regarding fund utilization have emerged.
Queries linger regarding the decision not to allocate the entire $8 million reserve, with only about $1 million disbursed in the previous year.
Discrepancies in financial reports from 2021 raise concerns, as operational costs exceeded donations, necessitating the utilization of reserve funds.
Furthermore, doubts have been raised concerning Meghan Markle and Prince Harry's commitment to the Archuel Foundation.
Official documents indicate minimal involvement from the royal couple, with reports suggesting they dedicate merely an hour per week, contrasting sharply with the substantial work hours clocked by key personnel like Executive Director James Holt and Strategic Advisor Michael Dale Stein.
Treasurer Shanep, a board member, also commits significant time to the foundation, prompting inquiries into the proper allocation of charity funds and potential personal use.