On January 5, local time, according to IRS documents, the "Archiewell" charity owned by Harry and Meghan raised less than $50,000, about 320,000 RMB of charitable funds in 2020; but spent $55,600, about 350,000 RMB, to dissolve the "Royal Sussex" British Foundation originally established by the two.
Is the accounting of insufficient income due to a decline in influence, or is there another mystery that creates the illusion of reasonable tax avoidance? Anti-corruption groups have stepped in to investigate.
The British royal family has always been committed to philanthropy, so it is common for members of the royal family to create their own charities, but what is unusual is Harry Meghan's series of "back-and-forth" operations.
In the earliest days, when Meghan had not yet appeared in Harry's life, the British royal family was still a peaceful atmosphere of brotherhood and brotherhood, uncle and sister-in-law. Harry, along with his brother Prince William and sister-in-law Princess Kate, founded a charitable foundation.
Later, due to The appearance of Meghan, in July 2019, Harry officially withdrew from the joint foundation with his brother and sister-in-law and established the "Royal Sussex Foundation" with Meghan in the Uk, which further confirmed the rumors of discord among the royal family members.
In 2020, the Sussex couple resolutely resigned from the royal family, and the Queen immediately ordered that Harry Meghan would no longer be able to use the word "royal", forcing the couple to rename the "Royal Sussex Foundation" to the MWX Foundation.
On April 17 of the same year, Harry Meghan registered in Delaware, USA, and founded Archwell, a new charity named after his son, and decided to disband the MWX Foundation.
It is reported that by the end of 2020, the foundation has 381,600 US dollars in accounts, about 2.42 million RMB. Of that, 350,000 RMB was used to pay the clearing foundation's legal fees; and about 2 million RMB was transferred to a sustainable tourism company called Travalyst, with plans to transfer the entire balance to MWX before it was finally shut down.
Travalyst is a "limited private liability firm" under Prince Harry's name. For such a confusing move, the British Charitable Authority and the Us anti-corruption organizations have intervened in the investigation, and no illegal operation has been found, but such irresponsible behavior has also been criticized by the outside world.
The UK's Charity Regulatory Commission criticized Harry Meghan as "wasting donor money because they created a charity and then quickly disbanded it", in which the fees paid and the legal fees paid were the donor's real money.