Prince Harry and Meghan Markle’s charity, Archewell, has been given two grants of more than $6 million over the past two years – but both are missing from the charity’s latest 990 tax returns, MailOnline can reveal.
The discovery has led to speculation about what happened to the missing Sussex millions, although it is understood Archewell believes the record that only states $2,000,911 is correct and MailOnline can confirm that it is legitimate and that it is possible that the money will appear in the next return.
The apparent difference could not have come at a worse time for the Duke and Duchess’s foundation, which was caught as it was only given the green light to spend and raise money again earlier this year after charity officials described it as ‘rogue’ and ‘bad. stand’.
Now Archewell could face another tense few months as the Internal Revenue Service (IRS) waits for the next charity tax return – which may explain the ‘missing’ millions donated to the couple’s foundation.
However, this latest revelation will fuel speculation that Meghan and Harry’s charity is backed by some wealthy donors.
Prince Harry and Meghan Markle’s Archewell charity has been given two grants of more than $6 million over the past two years – but both are missing from the charity’s latest tax returns, MailOnline can reveal.
The two most recent funds were created in the 2022/23 financial year. One total of $6 million from Fidelity Charitable (pictured)
Another $10,050 was from Tisbet Philanthropy (pictured), as 990 forms revealed.
However, Harry and Meghan’s Archewell Foundation has only announced $2,000,911 in funding in 2022.
It could spell more trouble for Archewell, who was labeled a “rogue” earlier this year
The two most recent grants were made in the 2022/23 financial year – one totaling $6 million from Fidelity Charitable and the other $10,050 from Tisbet Philanthropy, both 990 forms revealed.
It’s possible that individual donors could use the company to donate money anonymously, as they did in the past with large donations to Archewell.
In 2021, an anonymous $10 million donation was made through the Silicon Valley Community Foundation, a mega-rich nonprofit and vehicle for ultra-wealthy philanthropists to make anonymous tax-free grants.
In 2022, Archewell said it will receive only two grants of $1 million each from anonymous donors.
Fidelity Charitable can be a vessel used by one or both of these donors.
Fidelity and Tisbet announced grants made in the second half of 2022 and the first half of 2023.
This latest revelation will fuel speculation that Meghan and Harry’s charity is backed by some wealthy donors.
Archewell was revealed to have received a $10million grant from another mystery donor via the Silicon Valley Community Foundation (pictured)
This means Fidelity’s $6 million can be split over two years and appear as two separate donations to Archewell while only one to Fidelity.
The same is possible for Tisbet cash.
Even so, all eyes will return to Archewell on November 15, 2024.
Archewell bosses will be hoping to avoid a repeat of the problem with charity officials from the Registry of Charities and Fundraisers.
The registry is part of the Department of Justice in California, the state where the Duke and Duchess of Sussex live in a $12 million mansion and operate the charity.
In May, it said Archewell failed to properly submit annual reports or renewal fees and banned it from fundraising or distributing charitable funds.
A Sussex source said the ‘delinquency notice’ was actually issued because Attorney General Rob Bonta’s office did not process the $200 check.
This is a different explanation to the one offered by the same Sussex source the night before, who claimed that the documents were submitted on time, but that the discrepancy was in the check accompanying the document that was lost in the post.
A Sussex source previously told MailOnline that the Archewell Foundation’s tax filing for 2022 was fully submitted in accordance with all US regulations.
By mid-May, the attorney general’s office confirmed that Archwell has regained active charity status, but alarm bells will ring if the charity finds itself in hot water again.
