Prince Harry and Meghan Markle to Launch Archewell Foundation

The Duke and Duchess of Sussex Prince Harry and Meghan Markle have revealed plans to launch a charitable organization called Archewell.

Following their decision earlier this year to step down as senior royals, the couple can no longer use their Sussex Royal brand.

Reports of the newly-named foundation emerged in the British newspaper, The Telegraph; which claimed the couple filed paperwork in the United States last month and are currently planning how best to run the charity and accompanying website.

The couple will release further details of how the organization will operate; what causes it will support “when the time is right”, a spokesperson told CNN on Tuesday.

The organization’s name is not based on their son, Archie Mountbatten-Windsor; but rather the Greek word “Arche,” meaning “source of action,” they said.

Harry and Meghan said they “felt compelled” to share the Archewell story in light of the planned newspaper coverage.

In a statement released to CNN, the couple said: “Like you, our focus is on supporting efforts to tackle the global COVID-19 pandemic. But with this information coming to light, we felt compelled to share the story of how this came to be.

“Before SussexRoyal, came the idea of ‘Arche’ — the Greek word meaning ‘source of action.’

“We connected to this concept for the charitable organisation 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. 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.”