Prince Harry and Meghan, The Duke and Duchess of Sussex, are restructuring thier philanthropic association, Archewell, amid growing financial challenges [[1]]. The foundation,originally established in 2020 following the couple’s step back from royal duties,has recently undergone a rebranding to Archewell Philanthropies [[2]], and is now implementing staff reductions as donations have significantly decreased [[3]]. Sources confirm the couple explored seeking a major financial sponsor to maintain operations as the organization navigates a challenging funding landscape.
Financial pressures are mounting for Prince Harry and Meghan Markle’s Archewell foundation, prompting a restructuring and staff reductions, sources confirm. The organization, a key component of the couple’s post-royal endeavors, has faced increasing scrutiny over its finances in recent months.
An insider revealed that Harry and Meghan were actively seeking a financial sponsor to cover expenses and maintain operations. “A big question was whether Archewell would be shut down or taken over by another charitable organization. Harry and Meghan were looking for a financial sponsor, someone to cover the costs and keep everything lean,” the source said.
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The organization recently announced a name change to Archewell Philanthropies, coinciding with a shift in its operational model. The rebranding occurred on the fifth anniversary of the foundation’s launch, and reports indicate that the reorganization included staff layoffs.
A spokesperson for the Duke and Duchess of Sussex addressed the changes, confirming that staff reductions were unavoidable. Three positions have already been eliminated as part of a cost-cutting effort.
“Some staff redundancies are unavoidable, particularly in junior administrative positions. We will not be discussing personnel details further, other than to say we are incredibly grateful for the incredible talent and dedication of those who are helping to make a difference,” the spokesperson stated.
Donations to the foundation reportedly plummeted in 2024 to just $2.1 million, a significant decrease from the $13 million received in 2021. Expenses, meanwhile, reached $5.1 million. The news comes as the couple continues to navigate their roles outside the British royal family, a transition that has drawn considerable media attention and public interest.
