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The first year of life of the Archewell Foundation, established by the prince harry Y Meghan Markle shortly after confirming his final withdrawal from the British royal family to contribute financially to a myriad of social causes, resulted in scores much lower than expected.
According to IRS documents, the United States tax authorities, Archewell raised only $ 50,000 over the past twelve months, less than what they spent on legal fees.
This is a very similar figure, but lower, than the expenses incurred by the institution to comply with all the legal and administrative procedures that its operation requires: $ 55,600.
Sources from the environment of the Dukes of Sussex already warned at the time that the royal couple were not too concerned about the speed or slowness in the evolution of their solidarity project, since their highest priority was to “do things right” and be able to “make a difference” in the lives of those who will benefit from your philanthropy.
Also, Archewell was founded at a time when they were both still adjusting to their new lives outside of Los Angeles.
The truth is that the management that the dukes are making of their most altruistic side has not stopped throwing bad news.
Their first charitable foundation, Sussex Royal, is currently in the process of dissolution after both were forced to renounce the brand at the request of the British royal family.
The organization is now called MWX, but that has not altered its fateful destiny.
Eager to be financially independent and protect themselves from media pressure, the couple caused quite a stir last year when they announced that they wanted to step down from their official duties.
“The Duke and Duchess of Sussex confirmed to His Majesty that they will no longer be active members of the royal family,” Buckingham Palace said in a statement.
“After speaking with the duke, the queen wrote to confirm that, by renouncing her obligations related to her membership in the royal house, it is not possible to continue exercising responsibilities and duties related to a life of public service. Therefore, the titles will be returned and distributed among other members of the family “, and concludes:” Although everyone is saddened by his decision, the Duke and Duchess are still very dear members of the royal family. “
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