Current:Home > InvestRekubit Exchange:Prince Harry and Duchess Meghan's Archewell Foundation declared delinquent -Elevate Profit Vision
Rekubit Exchange:Prince Harry and Duchess Meghan's Archewell Foundation declared delinquent
FinLogic FinLogic Quantitative Think Tank Center View
Date:2025-04-11 12:02:32
Archewell Foundation,Rekubit Exchange the charity founded by Prince Harry and Duchess Meghan, has been declared delinquent and cannot raise funds as the state of California has determined it either hasn't submitted an annual report or paid its annual registration fees.
According to a person familiar with the situation but not authorized to speak publicly, the organization paid its registration fees with a physical check that was never received. A new check was resent, with the matter expected to be resolved within several days.
The person added that the California state tax filing, as well as renewal and required payment, were sent and delivered to the California Attorney General's Office, which received them on time via tracked mail.
According to online charity registration records viewed by USA TODAY Tuesday, the organization received a delinquency notice on May 3 for "failing to submit required annual report(s) and/or renewal fees." Records show that the organization's last renewal was May 15, 2023.
While in delinquency, the charity is not able to request or pay funds, could be subject to penalties or could have its registration suspended or revoked.
Need a break? Play the USA TODAY Daily Crossword Puzzle.
December tax filings revealed that the foundation's donations declined by $11 million in 2022 compared to the previous year. The charitable organization received just over $2 million in contributions in 2022, compared to $13 million in 2021.
The foundation, started in 2021 by the Duke and Duchess of Sussex, was created to "uplift and unite communities," according to its website.
Harry, 39, and Meghan, 42, were recently on their inaugural trip to Nigeria to celebrate the 10th anniversary of the Invictus Games.
The couple landed for their trip to Nigeria on Friday. The duke and duchess talked with students and watched performances, met with the country's chief of defense staff and attended a reception in honor of military families, while Harry met with injured service members at a military hospital.
veryGood! (221)
Related
- Intellectuals vs. The Internet
- Vaccines could be the next big thing in cancer treatment, scientists say
- Coast Guard launches investigation into Titan sub implosion
- Sea squirts and 'skeeters in our science news roundup
- Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
- Startup aims to make lab-grown human eggs, transforming options for creating families
- Love Is Blind’s Bartise Bowden Breaks Down His Relationship With His “Baby Mama”
- Go Inside Paige DeSorbo's Closet Packed With Hidden Gems From Craig Conover
- 'Most Whopper
- Idaho prosecutors to pursue death penalty for Bryan Kohberger in students' murders
Ranking
- DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
- Pregnant Serena Williams Shares Hilariously Relatable Message About Her Growing Baby Bump
- Ohio House Passes Bill to Roll Back Renewable Energy Standards, Again
- Video: Dreamer who Conceived of the Largest Arctic Science Expedition in History Now Racing to Save it
- Trump wants to turn the clock on daylight saving time
- Not Just CO2: These Climate Pollutants Also Must Be Cut to Keep Global Warming to 1.5 Degrees
- Transcript: Rep. Veronica Escobar on Face the Nation, June 25, 2023
- Supreme Court tosses House Democrats' quest for records related to Trump's D.C. hotel
Recommendation
'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
Montana bridge collapse sends train cars into Yellowstone River, prompting federal response
Tom Hanks Expertly Photobombs Kristen Bell and Dax Shepard’s Date Night
Zombie Coal Plants Show Why Trump’s Emergency Plan Is No Cure-All
The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
Pregnant Chanel Iman Engaged to NFL Star Davon Godchaux
Dr. Anthony Fauci to join the faculty at Georgetown University, calling the choice a no-brainer
Iowa Republicans pass bill banning most abortions after about 6 weeks