Prince Harry’s Alleged Party Incident and Archewell Foundation’s Financial Dive

Prince Harry’s Alleged Party Antics

Television presenter Paddy McGuinness claimed that Prince Harry, in the company of One Direction members and footballers during a night out, allegedly removed a photo of Queen Elizabeth from a club’s wall to avoid her witnessing his partying.

The incident, recounted on the Restless Natives podcast, involved the royal engaging in what McGuinness described as wild behavior.

The Club’s ‘Secret Door’ and Royal ‘Steam Letting’

McGuinness detailed the incident, which occurred in an ‘underground’ club in London, indicating that it was a space frequented by famous personalities.

According to his account, Prince Harry’s actions, including ripping off his T-shirt and taking down the Queen’s photo, were purportedly captured on security cameras, to which a Metropolitan Police officer allegedly remarked that the footage wouldn’t be made public due to it being a club where royals could relax.

Financial Woes for Archewell Foundation

Following revelations about Prince Harry’s alleged past actions, news emerged about the financial struggles of the Archewell Foundation, founded by Harry and Meghan after their departure from the Royal Family.

The foundation experienced a significant drop in donations, plunging by £8.7 million in the past year, causing financial losses and a decreased financial standing for the organization.

Challenges and Changes for the Sussexes

Amid these financial challenges, the couple faced a tumultuous year, marked by declining popularity ratings, controversies over their memoir and reported incidents, and the loss of a significant podcast deal with Spotify.

Despite the setbacks, the Archewell Foundation, described as an ‘impact-driven global nonprofit,’ continues its mission, retaining a considerable cash and asset value despite the reported loss in 2022.

Salary Increases and Foundation’s Operations

The foundation, comprising five employees with salaries totaling over $500,000, witnessed substantial pay rises for key personnel, notably for executive director James Holt, who reportedly received a substantial increase in his salary, including a bonus.

Despite the financial downturn, the foundation maintains significant assets and remains operational in its charitable efforts.

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