Harry and Meghan's Archewell Foundation suffers £8.7m drop in donations: Sussex's charity received £1.6million from two wealthy benefactors last year with losses hitting £537k

Donations to Prince Harry and Meghan Markle's Archewell Foundation have plunged by $11million in the past year - leaving it with losses of £537k - with boss and the couple's right-hand man James Holt handed a massive 280% pay rise, it was revealed today. The couple set up their Archewell Foundation after quitting the Royal Family and say it is an ‘impact-driven global nonprofit that puts compassion into action’ which is ‘committed to a simple but profound mission: show up, do good.’ Prince Harry and Meghan Markle have released a video showing Archewell's 2023 'impact' - but their annual report also reveals that their foundation has recorded a loss The foundation has filed its annual tax return showing donations have plunged and a profit has turned into a loss - but they do still have cash in the bank The foundation's highest paid employee is Meghan and Harry's right-hand man James Holt. WATCH THE VIDEO BELOW The foundation's high end video includes a clip of Harry and Meghan at a mental health summit in New York as they show the charity's good works The clip show's Meghan Markle's visit to a charity to help military families The Duchess of Sussex, 42, visited the Fisher House Foundation, a charity that provides homes for military families while their loved ones are in hospital The Wales children helped their mother and volunteers pick out donations and make boxes to go to children in need for Christmas. Prince Harry and Meghan Markle paid a visit to a Brooklyn school, with the duchess wearing a letterman jacket she was gifted during her last solo engagement as a working royal The visit came ahead of their appearance at New York City's Hudson Yards for the Archewell Foundation Parents' Summit: Mental Wellness in a Digital Age Meghan was gifted the jacket by the Senior Debate Squad during a visit to Robert Clack School in support of International Women's Day in 2020 before she left the royal family He said the couple's brand could be 'finished' in the next year because they are viewed so negatively, in part because of the dignified silence from the Royal Family in the face of 'constant' attacks by the Sussexes and their allies. Meghan and Harry's Archewell Foundation has teamed up with the Nigeria-based GEANCO Foundation to support schoolgirls in the West African nation As well as providing backpacks and other school supplies, Archewell and GEANCO are also providing period products The Archewell Foundation has provided funds to support schoolgirls in the West African nation as they begin a new term Another clip shows school girls in Nigeria receiving backpacks.