As part of their arrangement in stepping down as senior royals, Prince Harry and Meghan Markle have agreed to no longer use the Sussex Royal moniker, recently filing to dissolve their charity of the same name.
“Paperwork has been filed with Companies House and the Charity Commission to formally close the charity [Sussex Royal] down,” a source told MM. “The charity formally enters a period of ‘solvent liquidation.’”
Detailing the dissolution of the organization, the source added, “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 sole program 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.”
In addition to Travalyst, the couple is attempting to trademark new non-profit Archewell, named after 1-year-old son Archie Harrison Mountbatten-Windsor.
While their first application was rejected, sources claim, that it was “part of the normal back-and-forth of the trademarking process” and is far from a final rejection.