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Princess Anne Takes Control of Prince Harry’s Trust Funds Amid Controversial Statements
In a surprising turn of events, Princess Anne has assumed full control over Prince Harry's trust funds following his recent controversial remarks about the Royal Family.
The decision is seen as an attempt to distance the Royal Family from Harry's divisive comments, which have sparked backlash and negative publicity.
Sources close to the Royal Family reveal that the move was made after it was determined that Harry's actions were detrimental to the charitable organizations he represents.
“It's not advisable to have someone who is divisive representing your charity,” said a source familiar with the matter.
“Harry's recent statements and behavior have been divisive, and it's not in the best interest of the charities for him to continue representing them.”
As part of this transition, the majority of the funds Harry represents will be transferred to Princess Anne, renowned for her unwavering commitment to charity work and her dedication to collaborating with organizations that make a positive impact on the world.
In addition to her royal duties, Princess Anne serves as president or patron of numerous charitable organizations.
Despite losing his trust funds, Harry will retain his private patronages or presidencies with these organizations.
However, it remains unclear how much influence he will have over their operations moving forward.
This decision to transfer Harry's trust funds to Princess Anne comes amid reports that the Duke and Duchess of Sussex have faced challenges in making a significant impact with their charity work in the United States.
Sources suggest that the couple has struggled to generate substantial exposure for their charitable endeavors and has failed to fulfill their business contracts due to mental health issues.
Furthermore, the Sussexes' Charitable Foundation is registered in Delaware, a state known for its lenient regulations regarding charitable organizations.
Delaware mandates that only 5% of a charity's income must be allocated to actual charitable work, while the remaining 95% can be used for expenses.
This has led to criticism that the Sussexes are exploiting their charity as a means of self-promotion and a way to channel money into their own coffers.
The decision to transfer Harry's trust funds also follows reports that Prince William was initially considered as a potential successor to Harry's charitable roles.
However, a statement from Buckingham Palace emphasized that the roles would be handed to working members of the royal family, leading to speculation that Princess Anne was the likely choice.
Harry's recent statements have also resulted in the loss of his patronage with the London Marathon Charitable Trust.
In his remarks, he made self-reported drug use claims, bragged about taking lives, admitted to bullying a disabled person, and made various paranoid and absurd accusations about the royal family.
Princess Anne's move to take control of Harry's trust funds sends a strong message from the royal family that they will not tolerate divisive behavior or actions that tarnish the reputation of the monarchy and the charitable organizations they support.
It remains to be seen how Harry will respond to the loss of his trust funds and the potential negative impact it may have on his future endeavors.
Meanwhile, concerns have been raised about the allocation of funds by Prince Harry and Meghan Markle's Archwell Foundation.
Despite raising approximately $13 million for charity, they have only donated $3 million, leading some to question their priorities.
The causes supported by the foundation include aiding Afghan and Ukrainian refugee relief centers, vaccine equity, and supporting women-owned small businesses.
To provide specific examples, the funds facilitated the distribution of 12.6 million COVID-19 vaccines through Global Citizen and assisted in the resettlement of refugees through initiatives such as Welcome and Welcome.
Additionally, the foundation contributed to providing 50,000 meals through the World Central Kitchen and supported the development of a guide on fostering positive masculinity as part of the “Rebooting Social Media” project at Harvard University.