Harry and Meghan Jobs

Nicked from Reddit:
Archewell Foundation's 2021 financial results have posted. Interesting to note: Funding was from JUST 2 donors: one $10M donation and one $3M donation. Please see post for details...

Archewell
Sources of funding: Total donations were $13,004,470; there were only two donations that exceeded $5,000 and these were from tow separate persons for $10,000,000 (we knew about this one channeled through the Silicon Valley Foundation) and for $3,000,000.
The Foundation gave away $3,096,319. The following grants are listed:

• World Central Kitchen: $300,000
• Harvard: $250,000
• Rockefeller Philanthropy Advisors: $250,000
• Team Rubicon: $250,000
• UCLA Foundation: $250,000
• National Women's Law Center: $200,000
• Human First: $150,000
• Omprakash: $150,000
• Color of Change: $125,000
• NAACP: $125,000
• URL Media Holdings: $125,000
• Cortico: $100,000
• The Hopewell Fund: $100,000
• Shelter Ministries of Dallas: $90,000
• CAF America: $50,000
• Girls, Inc: $50,000
• Girls Who Code: $50,000
• Paid Leave for the United States: $50,000
• The 19th News: $50,000
• The Loveland Foundation: $50,000
• Women for Afghan Women: $50,000
• Georgetown University: $25,000
• Stanford University: $25,000
• Team Unity Incorporated: $25,000
• A Twist of Greatness: $20,000

Grants to entities outside the US: $150,000 to Europe to "furthering efforts to improve access t COVID vaccines globally"; $21,944 to Europe for "Mental Health": and $14,375 to Europe to "Improve Diversity of Thought and Experience within the Media".

Total Expenses were $727,666, of which $163,085 were salaries/benefits/employee compensation. James Holt (Executive Director received approx $64K in compensation from the Foundation). Meghan didn't draw a salary. Interestingly, Independent Contractors that were paid were: Invisible Hand ($215,744) and KMLSA, LLC ($110,000). Legal Fees were $213,555. "Other" was $458,865 (hmmm...). Travel was $6,048, so maybe the cost of private jets was included in "Other"? Expenses for conferences, conventions & meetings were approx. $6K.

Grants payable (must be a pledge) total $20,000. and other accounts payable totaling $112,000.

They ended the year with net assets totaling $9,018,590.

Board of Directors: Meghan, Harry, James Holt, Catherine St-Laurent secretary/treasurer (left 4/2021), Richard Genow president/secretary (left 12/2021), Andrew K, Meyer treasurer (left 12/2021). So it looks like Board now consists of just Megs, Harry and James Holt.

Nicked from Reddit:
Their overhead is insane.
This was posted after the self-published “Impact Report.”
Total expenses = $2,679,536 Total income = $2,005,053 Income less expenses = -674,485
INCOME: —2M in donations by 2 anonymous individuals
EXPENSES in USD —113k in legal costs incurred —640k for salaries and benefits for employees (James Holt’s salary alone was 227k) —428,331 in “Programmatic Services” to INVISIBLE HAND LLC, HERLIHY LOUGHRAN and JIORE CRAIG —34k for Travel —57k for office expenses —25k for events
GRANTS 1,252,895 for 19 Grants (previous year was roughly 3M total)
GRANTEES:
GEORGETOWN U. - 200k
KABOOM INC - 165k
NAACP - 125k
THE HALO TRUST - 100k
HOPE LAB - 100k
EQUIMUNDO - 65k and 25k
GIRLS WHO CODE - 65k
HIAS INC - 50k
WELLBEING INTERNATIONAL - 50k
PARENTS TOGETHER FOUNDATION - 50k
PURPOSE - 44k PROJECT HEALTHY MINDS - 25k
FREE PRESS - 25k THE MARCY LAB SCHOOL - 25k
SAVE THE CHILDREN - 10k
UNICEF NIGERIA - 10k
EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM - 118,965
EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM - 136,182
Something that I find interesting is that their non-grantmaking expenses rose from $890,751 in 2021 to $1,426,642 in 2022. A large portion of this increase was due to significantly higher employee expenses.
Employee-related expense was $640,441 in 2022 vs $163,085 in 2021. There are 2 additional "key employees" that appear in 2022: Michael Dale Stein, Sr. Strategic Advisor, and Shauna Nep. They join James Holt, who is Executive Director in both 2021 and 2022..
Fees paid to Independent Contractors increased from $325,744 in 2021 to $428,331 in 2022. "Invisible Hand" appears as an independent contractor in both years.
Their 2022 funding was a fraction of the previous year's ($2million in 2022 vs $13million in 2021) and the grants Archewell paid out decreased by over 50 % ($1,252,895 in 2021 vs. $3,096,319 in 2021).
Their "business" is contracting, so why are they ramping up their cost structure?

Archewell staff, June 2023:

• Harrison Colcord, Global Press Secretary (formerly San Ysidro Ranch, behind the “free birthday bike” for Archie stunt). Absent from recent outings. Purpose: PR.
• Beth Herlily, Program Coordinator and Private Assistant to Meg (at Invictus). Purpose: whatever Meg wants, traveling with Harry (Singapore, Japan), PR.
• Claire Loughlan, - ? (Note Herlihy-Loughlan is also a PR firm they run) (at Invictus). Purpose: PR.
• James Holt, Archewell Executive Director. Purpose: Unclear, but he’s been with them since the very questionable fund transfers from the original Royal Foundation (into Sussex Royal, MWX, then Travalyst). Holt was 2/3 original Board Members for Archewell, and 2/3 original Board Members for Travalyst. Financial conflict of interest and had the ability to move money between all the above entities. Hasn’t appeared with them lately. Purpose: appears to be profit, finances.
• Shauna Nep, Co Executive Director (Jan 2023. Co tells me something’s up with Holt). Her LinkedIn indicates her main job is Philanthropy for Scooter Braun, and she JUST started another job at Coralus June 2023. How do you have two other jobs, yet manage to be a contractor/Co Director for Archewell? Is there either not enough full time work, or are you the cover for the shadiness with Holt’s financial conflict or interest with Travalyst/Archewell? Purpose: unclear, especially how she and Holt are supposed to function as “Co”.
• Miranda Barbot, Press Secretary (but is actually their PR firm hire via PR firm KLM? Did Archewell hire KLM and are claiming she’s then somehow a employed by both?) (at Invictus). Purpose: PR
• Chanel Pysnik, Unscripted Content, Archewell Productions (was at the pink shorts bball game). It seems she’s the only contractor specifically for Archewell Productions at this point. Perhaps that’s also why WME is “coproducing” Meet Me at the Lake “with” Archewell. Archewell has no staff. Purpose: Profit.
• ShaMya Williams, Manager of Unscripted Content Archewell Productions and Audio. (Notice how she’s in both branches? LinkedIn also shows she’s very new to her career journey, and was only an Intern a handful of years ago. Not commenting on her skills, just showing how Archewell’s employees aren’t remotely in the same league as each other (like Ben Brownig). The youngest and therefore cheapest/newest seem to be hanging on. Purpose: profit.
• Nishika Kumble, Senior Vice President Archewell Scripted Content. Purpose: profit. (Also, what’s been scripted? Hasn’t all of their projects thus far been unscripted, officially?)
• Serena Regan, Head of Podcasts, Archewell’s Audio (posted Jan 2023 on Archewell’s website, hired at the end of 2022.). No recent outings with them, no more Archetypes, bet she’s done but it hasn’t been confirmed. Purpose: profit.
• Maren Thomas, Manager of Communications (was at the pink shorts bball game). Purpose: PR
• Deesha Tank, Communications. Hasn’t been seen with them publicly lately either. Purpose: PR.
• Jenica Funk, Head of Partnerships - February 2022 - 2023