Prince Harry and his wife Meghan Markle stepped down from their royal duties in 2020 to pursue financial independence. The couple made this decision so that they could concentrate on the next chapter of their lives. They also established the Archewell Foundation shortly after stepping down from royal duties in October 2020.

Meghan Markle and Prince Harry attend the 2022 Robert F. Kennedy Human Rights Ripple of Hope Gala
Meghan Markle and Prince Harry attend the 2022 Robert F. Kennedy Human Rights Ripple of Hope Gala

The Duke & Duchess of Sussex is making waves after a document was brought into the public eye which shows that they worked for one hour per week in 2021. Many questions are being raised about Prince Harry and Markle’s promise to work for charity.

Read More: After Gwyneth Paltrow, Meghan Markle Scores Major Win Against Half-Sister To Dismiss Defamation Lawsuit Worth $75000 Amidst Money Trouble

Tax documents from Archewell foundation came into the public eye

Tax documents for their nonprofit Archewell Foundation
Tax documents for their nonprofit Archewell Foundation

The tax returns disclosed important information about how many donations the Archewell Foundation received. Megan Markle and Prince Harry’s non-profit organization raised $13,005,660 in 2021. The Archewell Foundation has received significant contributions from two generous donors. An individual donor contributed $10 million, while other philanthropists contributed $3 million. The NGO collected only $4,470 from the general public and the remaining $1,190 was earned through ‘investment income.’ The document also states that the royal couple managed to work one hour per week at the foundation, for a total of 52 hours per year.

Read More: “He Was Supposed To Save Me”: Prince Harry Details How The Fights He Had With Prince William On His Side Went For Him

People are speculating that the largest amount was donated by Oprah Winfrey

Meghan Markle and Prince Harry on the long Walk at Windsor Castle
Meghan Markle and Prince Harry on the long Walk at Windsor Castle

The revelations made by these tax documents led to speculation that American talk show host Oprah Winfrey was the one who made the largest donation. This act of kindness could have stemmed from the interview Prince Harry and Markle had with Winfrey in March 2021. The interview caused quite a stir on the internet because the royal couple made some shocking revelations about the British royal family. Inside details about the royal family were also trending on the internet for a very long time.

Prince Harry donated $3 million to his NGO Archewell foundation as a part of his $20 million advance for his autobiography Spare. The charitable organization distributed $3,096,319 in grant funding, accounting for 24% of its income, and had $9,018,590 in reserves at the end of 2021.

Read More: Prince Harry Claims Royal Family Were Involved In His Phone Being Hacked, Leaking Critical Information That May Compromise His $60M Fortune

Other revelations of the Tax document  of Archewell foundation

Prince Harry and Meghan Markle attend a wheelchair tennis match

The 2021 document also revealed that the Archewell Foundation’s CEO, James Holt, earned a $59,846 yearly salary as well as nearly $3,832 in other perks in 2021. Aside from Holt, the charitable foundation still employs at least two other people, along with an administrative assistant and a delivery program manager.

When Markle and Prince Harry decided to step down as senior royals, they said,

“The Firm” would “provide our family with the space to focus on the next chapter, including the launch of our new charitable entity.”

The NGO was one of the most significant additions to their lives after the royal couple stepped down. The Archewell Foundation’s mission is to build a better world online, rebuild trust in information, and, most importantly uplift communities.

Source: Daily Mail

Explore from around the WEB