Prince Harry and Duchess Meghan Officially Shut Down Sussex Royal Charity
Prince Harry and Duchess Meghan have officially filed paperwork to shut down their Sussex Royal charity.
As part of their agreement in stepping down as senior royals, the Duke and Duchess of Sussex agreed to no longer use the Sussex Royal name.
The Sussexes previously announced that their next venture will be called Archewell.
It truly is the end of an era for Sussex fans. A source tells BAZAAR.com that "paperwork has been filed with Companies House and the Charity Commission to formally close the charity [Sussex Royal] down."
Upon stepping down from their roles as senior members of the royal family, Meghan Markle and Prince Harry agreed to no longer use the name Sussex Royal. As a result, "the charity formally enters a period of 'solvent liquidation,'" per a source.
It's already been revealed that the Duke and Duchess of Sussex plan to start a new organization, Archewell, following their move to Los Angeles. However, the official process to close down Sussex Royal is now underway. A source reveals to BAZAAR.com, "During this period all Trustees will step down from their roles, except for The Duke of Sussex who will formally remain as a Director and Trustee until the liquidation process is complete. The Duke and Duchess remain incredibly grateful for the support and guidance the Trustees have given during this period."
The source also notes that "the sole programme in operation and development at the charity has been the sustainable travel and tourism initiative, Travalyst. Travalyst is now operating as an independent non-profit based in the UK, and all assets from Sussex Royal will transfer over."
This week, Us Weekly also reported that Prince Harry is no longer using his HRH title on the Travalyst website. The publication noted, "The website’s mission statement previously read that the program was led by 'HRH The Duke of Sussex.' Now, the description reads, 'led by The Duke of Sussex.'"
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