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Harry and Meghan’s Archewell Foundation fails to disclose  million in latest tax return, may still declare information on November 15 form

Harry and Meghan’s Archewell Foundation fails to disclose $4 million in latest tax return, may still declare information on November 15 form

Prince Harry and Meghan Markle’s Archewell Foundation failed to declare $4 million in grants on the charity’s latest tax return for non-profits, it has been reported.

Fidelity Charitable and Tisbest Philanthropy donated $6 million and $10,050 respectively to the Duke and Duchess of Sussex’s organization in the 2022/2023 financial year, according to its 990 tax return form.

Harry and Meghan’s Archwell organization believes the $2,000,911 tax return is correct, despite the two gifts missing from the return, according to MailOnline.

It is understood that it is legal for the money to remain undeclared this time.

Individual contributors may have anonymously donated the missing millions through the two donor organizations.

Archwell received an anonymous donation of $10 million through the Silicon Valley Community Foundation, an ultra-wealthy non-profit organization, in 2021.

The foundation is used as a vessel by wealthy philanthropists to make tax-free grants while hiding their identities.

The missing millions could be explained in the next repayment of the organization, which will take place on November 15 of this year.

Harry and Meghan’s troubled foundation only returned to work earlier this year after charity officials classified it as “delinquent” and “not in good standing” in the Register of Charities and Fundraisers California.

In a letter issued by the US state Department of Justice on May 3, California Attorney General Rob Bonta explained that the charity failed to “submit required annual reports and/or renewal fees.”

“The organization may also be subject to penalties and have its registration suspended or revoked by the registry,” Mr Bonta said.

A spokesman for the Archewell Foundation released a statement confirming the charity was back “in good standing” in May after the matter was investigated with the department.

“We have diligently investigated the situation and can confirm that the Archewell Foundation remains fully compliant and in good standing,” the spokesperson said in the statement provided to Page Six.

“Payments due were made promptly and in accordance with IRS processes and procedures.

“Furthermore, all required documents were filed by the Foundation without errors or wrongdoing.”

The organization reports a total of five employees, but only has two board members, “Meghan, Duchess of Sussex” and “Prince Harry, Duke of Sussex.”

Harry and Meghan are understood to be unpaid and work one hour a week.

The Duke and Duchess of Sussex launched the Archewell Foundation in October 2020 after the Royal Family banned the couple from using the name ‘Sussex Royal’ for their commercial and charitable endeavours.