Prince Harry, Meghan Markle’s charity foundation declared delinquent

  • 📰 PennLive
  • ⏱ Reading Time:
  • 69 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 41%
  • Publisher: 53%

@Topstories News

Prince-Harry,Meghan-Markle,@Jpickel

The company is behind on its fees and annual reports, the state of California said.

Prince Harry and Meghan, Duke and Duchess of Sussex, were in New York City to accept the Robert F. Kennedy Ripple of Hope Award on Tuesday, December 6, 2022. has been forced to suspend operations at least temporarily after failing to file timely tax returns and other documents and being declared “delinquent” by California authorities.

The duo did not comment on the development Monday. The foundation’s website lists it as an official tax-exempt nonprofit that “is compliant with all deadlines and measures of the charitable sector and operates with complete transparency,” and lists a series of annual reports and other required documents available for viewing that does not extend past 2023. TheAs of May 1, the foundation’s fundraising ability had been curtailed.

“An organization that is listed as delinquent is not in good standing and is prohibited from engaging in conduct for which registration is required, including soliciting or disbursing charitable funds,” the document obtained by People stated. “The organization may also be subject to penalties, and its registration may be suspended or revoked by the Registry. Once you submit the delinquent record, you will be notified of the amount of any late fees that are owed.”

Required documents and a check were submitted but got lost in the mail, a source told People. Foundation officials did not learn about the issue until the delinquency notice arrived. A new check has been mailed and the issue will be resolved within a week, the foundation stated.100-foot billboard goes down during storm, killing 14 people in IndiaIf you purchase a product or register for an account through a link on our site, we may receive compensation.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 463. in BUSİNESS

Business Business Latest News, Business Business Headlines