A great big grift - Black Lives Matter

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It was always about helping people.  The founders.  From the London Daily Mail:

Black Lives Matter is headed for INSOLVENCY after plunging $8.5M into the red - but founder Patrisse Cullors' brother was still paid $1.6M for 'security services' in 2022, while sister of board member earned $1.1M for 'consulting'

    • Black Lives Matter Global Network Foundation, a non-profit that grew out of the protest movement, is haemorrhaging cash, financial records show
    • The group ran an $8.5 million deficit and saw the value of its investment accounts drop by nearly $10 million, with fundraising down 88% year-on-year
    • Despite the financial woes, the organization still paid relatives of the founder and of a board member hundreds of thousands of dollars for services

Black Lives Matter's national organization is at risk of going bankrupt after its finances plunged $8.5 million into the red last year - while simultaneously handing multiple staff seven-figure salaries.

Financial disclosures obtained by The Washington Free Beacon show the perilous state of BLM's Global Network Foundation, which officially emerged in November 2020, as a more formal way of structuring the civil rights movement.

Yet despite the financial controversy and scrutiny, BLM GNF continued to hire relatives of the founder, Patrisse Cullors, and several board members.

Patrice has three luxurious houses.  The Board should have stepped in but they didn't - probably on the take too.

It was always a grift.  Amazing how many people fell for it.

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This page contains a single entry by DaveH published on May 24, 2023 7:33 AM.

A bit of overkill? was the previous entry in this blog.

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