By Molly Claire Goddard
8:03am PST, Dec 22, 2025
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According to documents obtained by
Daily Express,
Prince Harry and Meghan Markle's charity recorded a $2.5 million loss, due to their expenses totaling $5 million. The organization reportedly received $1.8 million, awarded grants totaling around $170,000 and retained net assets of around $8.3 million. The evaluation was allegedly conducted after a period of fundraising and reserve building before putting the cash toward multi-year programs and commitments.
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A representative for
Prince Harry and Meghan Markle shut down claims their charity is bleeding money. "The $2.5 million in-year difference simply reflects the foundation drawing on existing reserves to fund impact, rather than stockpiling funds," the spokesperson said in a
statement. "This was an intentional, missing-aligned decision demonstrating Archewell's commitment to putting dollars to work in the world and maximizing social return on past fundraising efforts."
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The spokesperson emphasized that
Prince Harry and Meghan Markle were not shocked by the financial outcome. "The foundation did not lose money. It used previously raised funds for their intended purpose," the statement continued. "The Archewell Foundation's approach is to raise funds for specific projects and deploy them as those projects reach key stages of implementation."
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Prince Harry and Meghan Markle, who established the charity in 2020, recently renamed the Archewell Foundation to Archewell Philanthropies on its fifth anniversary. "This next chapter allows
Prince Harry and Meghan, Duke and Duchess of Sussex, to broaden their global philanthropic efforts as a family, with meaningful reach and maximum impact, grounded in the same values, partnerships and their commitment to show up and do good," the organization said in a
statement.
