Prince Harry and Meghan defend Archewell finances amid scrutiny

Prince Harry and Meghan Markle's charity, Archewell, has faced scrutiny over claims that $4 million is missing from its latest tax return. Reports indicated that two significant grants, totaling over $6 million, were not included in the organization's recent 990 form. These grants were made in the 2022/23 financial year, and sources close to the Sussexes have defended the charity, asserting that the records are accurate and that the funds will be reported in the next tax return, due on November 15, 2024. The timing of the grants suggests they may be accounted for in different financial years, which could explain their absence from the current tax return. In May, Archewell was temporarily declared 'delinquent' and not in good standing by the Registry of Charities and Fundraisers, which affected its ability to fundraise. However, by mid-May, the charity regained its active status. Initially, conflicting explanations were provided regarding the charity's status, including claims of a missing check and issues with the Attorney General's office processing it. The situation highlights the challenges faced by the charity and the importance of transparency in its financial dealings.