![]() ![]() Some of them have rightly pushed back - and hard.Įveryone interested in equality and racial harmony, including those who strive to reform education and even those who embrace the far-left vision that BLM purported to promote, should be dismayed by the waste of resources. ![]() The leaders of local BLM chapters complained bitterly in late 2020 that little or none of the money was trickling down to their activism and that there was no accountability for the national group's finances.Įven so, the most disgraceful spectacle of all was the manner in which the group attempted to intimidate black journalists who were asking legitimate questions. Nobody can even say for sure what the global foundation does - except buy mansions and create drama. It files legal briefs and sends lawyers into courtrooms. You may not approve of the American Civil Liberties Union, especially now that it has rejected its entire history and turned against civil liberties and the First Amendment, but at least the organization does more than just embezzle its own money. They produce a product in the form of activism and literature. But most of those at least seem like they're doing something besides enriching their officers. There are many scammy left-wing organizations out there - the Southern Poverty Law Center, for example. Why? Because Cullors finds the charitable disclosure system to be "triggering." What a surprise that is. Note that at the time in question, this global group had failed to file any of its required annual tax disclosures. Shareholders should question the competence of anyone involved in the decision to donate to this completely unvetted organization, apparently just because of its name. Then, they found this perfectly named organization. In 2020, it was all the rage to shovel money out the door at anyone who could plausibly sell them a racial indulgence. One of the worst aspects of this fiasco is the extent to which wokeness and intimidation helped some very terrible people take advantage of some other very terrible people - the cowards who manage corporate America. ![]() If such great conflicts of interest are openly admitted, then what might they be hiding? Criminal referrals may already be appropriate, but this is just the beginning. Obviously, further investigation is needed into this charity's finances. But the apparent self-dealing and corruption appear to be on a hideously massive scale. Now, in this regard, it may not be so different from a lot of other low-quality charities. Less than one-third of the global foundation's funds went to any sort of charity that actually does anything, good or bad, beyond shuffling money to other organizations. And although a $700,000 media budget might seem less unreasonable, just think about it for a second - have you ever seen or heard an ad by this organization? Form 990 shows multiple contracts, which somehow add up to more than a million dollars in a single year, vaguely described as related to tech support. Maybe she was just independently wealthy when she started there because according to the tax filings, she did not receive any salary for her work as executive director.īLM's finances are a disaster well beyond that. She insists that that money did not come from the charity's funds. That's all separate from Cullors's own $3.2 million real estate binge, whose exposure prompted her to resign her position with the organization. Last July, it also shifted $8.1 million in cash to a Canadian subsidiary to purchase a Toronto property. It famously paid $6 million for a mansion in Los Angeles's Studio City neighborhood, which Cullors then used for personal purposes. The group paid nearly $2.2 million to a consulting firm owned by one of its board members. Her brother's company received an $841,000 payout. ![]() Where did it go? More than $969,000 went to the father of the child of Patrisse Cullors, the organization's then executive director and co-founder. And oh boy, cash in it did.Īccording to its first-ever public tax disclosures, filed just a few years late, the BLM Global Network Foundation took in $77 million in 2020. Who would have thought that Black Lives Matter was a scam?īack in the summer of 2020, when the movement by that name was sweeping the nation in a wave of violence, intimidation, and arson, an organization by that name was poised to cash in. ![]()
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