Prince Harry and Meghan Markle’s Archewell Foundation is undergoing significant changes, including a shift to a “fiscal sponsor” model, while simultaneously facing reports of staff reductions and declining financial contributions. The restructuring, announced on December 19th, aims to streamline operations and broaden the organization’s impact. However, the move coincides with reported layoffs, including Kristen Slevin, the director of programs and operations, who earned a $146,000 salary.
Operational Changes and Staff Reductions
Archewell will now operate as Archewell Philanthropies, relying on a fiscal sponsor model to reduce administrative overhead. According to a spokesperson, this transition will allow for greater flexibility and maximize the foundation’s reach. Despite the stated commitment to maintaining the same team, multiple sources confirm staff reductions have occurred. A representative initially denied the cuts, then acknowledged that “some staff redundancies are inevitable,” particularly in administrative roles. The exact number of employees affected remains undisclosed.
Financial Performance and Future Outlook
Financial disclosures reveal a concerning trend: Archewell spent $5.1 million in 2024 while receiving only $2.1 million in donations. This disparity raises questions about the foundation’s long-term sustainability, especially as Prince Harry and Meghan Markle face other financial pressures. Their $100 million deal with Netflix is set to expire this year, adding further uncertainty to their revenue streams.
Context and Implications
The restructuring and financial challenges faced by Archewell reflect broader trends in celebrity philanthropy. High-profile foundations often struggle with maintaining consistent funding and operational efficiency. The reliance on a fiscal sponsor model suggests Archewell may be seeking more stable financial support from established organizations. The rapid turnover of staff, as reported by royal sources, indicates a potentially volatile work environment and raises questions about the organization’s internal stability.
Ultimately, Archewell’s ability to maintain its philanthropic efforts hinges on securing consistent funding and stabilizing its internal operations. The coming year will be critical for the foundation as it navigates expiring deals and adapts to its new operational structure.
