Harry and Meghan name their new charity Archewell after son Archie, want to 'do something that matters'
Harry and Meghan revealed some details of their new non-profit and said they would share more 'when the time is right'
Prince Harry and Meghan Markle have announced that they are launching a new charitable foundation called Archewell. The pair revealed that they "look forward" to getting started with the new foundation that will replace their Sussex Royal brand. The couple also shared that they have plans to incorporate their own charity as well as a website in their new venture.
Harry and Meghan also disclosed the meaning behind choosing 'Archewell' and said the Greek word 'Arche', which means a source of action, was the inspiration behind the name of their son, Archie. Details about the non-profit have been delayed given the coronavirus pandemic.
The pair shared that they would make further announcements "when the time is right". As per reports by The Telegraph, the paperwork regarding Harry and Meghan's new brand had been filed in the United States last month.
It is believed that Harry and Meghan are also considering how to create their own charity and volunteering services. The now LA residents are further looking at a wide-ranging website and sharing "education and training materials" via films, podcasts, and also books.
Harry and Meghan had also shared that they were focusing their efforts on the coronavirus pandemic but were feeling 'compelled' to share some details of their new business venture. "Like you, our focus is on supporting efforts to tackle the global COVID-19 pandemic but faced with this information coming to light, we felt compelled to share the story of how this came to be," they shared.
"Before SussexRoyal, came the idea of Arche – the Greek word meaning source of action. We connected to this concept for the charitable organization we hoped to build one day, and it became the inspiration for our son's name. To do something of meaning, to do something that matters," they announced.
"Archewell is a name that combines an ancient word for strength and action, and another that evokes the deep resources we each must draw upon. We look forward to launching Archewell when the time is right," the couple shared.
We had previously reported that Prince Harry and Meghan Markle moved from Canada to the US in a last-minute decision amid the coronavirus outbreak in order to begin their new life in Meghan's hometown LA.
It is said that the pair took a private jet to LA, California, with their 10-month-old son Archie just before the non-essential travel across borders was temporarily suspended given efforts to contain the spread of the deadly coronavirus.
As per sources, one of the main reasons behind the couple's move was that they did not want to pay tax in two countries. "They were told getting work visas in Canada would be difficult and because Meghan remains a US citizen, so is taxed on her worldwide income, she would end up paying in the US and Canada," the insider shared.
"Then the Canadian government made it clear they would not contribute to their security costs so it made much more sense to live in Hollywood and only pay US tax," The Sun reports. They decided to set base in LA as Meghan has a large support system there including her mother Doria Ragland.