The Big Grift - Black Lives Matter

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The wheels are starting to come off that bus. Truth is coming out.
From the Washington Examiner:

The Black Lives Matter scam
The Black Lives Matter Global Network Foundation did not raise a single penny for the first six years of its existence. It couldn’t.

The foundation wasn’t even registered with the Internal Revenue Service as a charity. But after George Floyd’s murder in May of 2020, tens of millions of dollars were given to this organization from major corporations and celebrities. And now, no one even knows where all that money has gone. Even worse, there doesn’t appear to be anyone in charge of the organization who can provide that information.

A bit more - follow the money:

Unable to accept the avalanche of money sent its way, BLM channeled donations through Thousand Currents and the Tides Foundation until the IRS approved its application for nonprofit status in December 2020. Around that time, Thousand Currents transferred $66.5 million to BLM — a transaction personally signed off on by BLM co-founder Patrisse Cullors.

Cullors later issued the organization’s first-ever “impact report” in February 2021, claiming that the organization had raised over $90 million in 2020, spent $8.4 million on operating expenses, and given out $21.7 million to local BLM chapters and affiliated organizations. But these were just top-line numbers in a flashy communications product. No details were given on who was specifically paid what.

Just three months later, Cullors left BLM, claiming that she wanted to focus on other projects. She adamantly denied charges that she left the organization due to media reports that she had recently purchased millions of dollars' worth of real estate for herself.

More at the site.  They raise money but give very little to local chapters and community groups.  It is a scam.  A grift.

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This page contains a single entry by DaveH published on January 31, 2022 8:51 AM.

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