Ashley Biden may have run a foul of the IRS rule. The National Legal and Policy Center (NLPC) has filed a complaint regarding violations of IRS rules and regulations by the Women’s Wellness Spa(ce) a registered 501(c)(3) tax exempt organization and Ashley Biden, its President, who signed the IRS Form 990 for 2023 on September 19, 2024 under penalties of perjury. Ms. Biden failed to report the receipt of a grant of $250,000 made in 2023 by the Archewell Foundation, founded by Prince Harry and Meghan Markle. In addition, there are other reporting violations by Ms. Biden, including failing to identify all of the Board of Directors of her nonprofit.
On September 19, 2023, the nonprofit was granted a 501(c)(3) tax exemption by the IRS, retroactive to July 12, 2023, the date it was incorporated. The organization filed its first Form 990 return with the IRS on September 15, 2024, which covers income it received and expenses it incurred between July 18, 2023, and ending December 31, 2023.4 The group reported receiving a total of $170,296 in contributions and grants during 2023, and total expenses of $115,138, with a net revenue of $55,158.
This large contribution raised eyebrows because of the political implications of Prince Harry and Meghan Markle’s attempt to ingratiate themselves with President Biden and his family.6 But more importantly, the $250,000 cash grant made in 2023 was not reported on Ashley Biden’s group’s 2023 Form 990, which only reported receiving a total of $170,296 that year. A full audit of Ashley Biden’s group is warranted to determine where the $250,000 cash grant was deposited and its disposition.