Prince Harry and Meghan Markle suffer blow as new divide between Sussexes and Prince William emerges

The Earthshot Prize, Prince William's environmental initiative, has reported a total income of £23.5 million in its latest annual report.

In contrast, Prince Harry and Meghan's Archewell Foundation raised just £4.67 million from all sources during the same period.

The figures highlight the growing financial gulf between the two royal brothers' charitable endeavours.

The success of Earthshot's fundraising becomes even more apparent when examining its underlying growth, with donations surging by 68 per cent after taking into account that for £8.6 million of the £22.5million raised the previous year was from a one-off donation from The Royal Foundation.

A particularly notable achievement comes from The American Friends of The Royal Foundation of The Prince and Princess of Wales, which more than doubled its contribution to £6.1 million from £2.7 million in the previous year.

This single American contribution alone exceeds the total amount raised by the Archewell Foundation.

The Earthshot Prize's founding partners contributed £14.4 million to the environmental initiative.

Meghan Markle and Prince Harry's Archewell Foundation more than doubled its fundraising in 2023, securing £4.1 million in grants compared to £1.5 million the previous year, a new report has shown.

The charitable organisation, now in its third year of operation, allocated £1 million to various charitable causes during the period from January to December 2023.

The substantial growth reflects increased backing for the foundation's initiatives, including The Parents Network and other community-based programmes.

LATEST ROYAL NEWS:

• Prince William pulls out of major Royal Family engagement just hours before event was scheduled to start
• Meghan Markle is 'dealing with a catastrophe' as Duchess of Sussex makes her feelings clear
• William returns to royal duties as Prince of Wales steps out in city close to his heart

The foundation's total revenue reached £4.5 million for the year, including investment income, marking a significant milestone since its establishment in 2020 following the Sussexes' departure from their roles as senior working royals.

A significant portion of the foundation's funding came from a single £3.9 million donation from an individual donor.

An additional £260,000 was contributed by five separate individual donors.

Tax filings reveal that both Harry and Meghan maintain a one-hour-per-week involvement in Archewell's operations, which is standard practice for directors of U.S. tax-exempt organisations.

The Duke and Duchess of Sussex do not receive any salary from the foundation, according to the tax records.