blm $90 million dollars stolen

In 1978 the very same year some team beat the Los Angeles Dodgers in the World Series the population of the USA was 220 million. Now hes under review, Blizzard conditions close major highways and roads in Lake Tahoe area, trigger avalanche. We are entering spaces previously unimaginable., The financial disclosure came amid heightened tensions in the network of activists with group of 10 chapters, called the #BLM10 and including ones in New Jersey and Hudson Valley, splitting in November while publicly ripping the main organization over financial transparency, decision making, and accountability., To the best of our knowledge, most chapters have received little to no financial support from BLMGN since the launch in 2013, the 10-chapters insisted in a public demand for accountability.. Some of America's largest corporations have pledged or donated hundreds of thousands of dollars to the main Black Lives Matter organization, founded by "trained Marxists," that calls for. Any insinuation or assertion to the contrary is categorically false. Black Lives Matter has come under fiscal scrutiny since 2020, when the group received $90 million in donations amid protests following the murder of George Floyd by Minneapolis police. The transaction has not been previously reported, and Black Lives Matters leadership had hoped to keep the houses existence a secret. They shouldnt be walking around no Black people, no Black communities, he said of the organizations leaders. A Massachusetts woman who accidentally tossed out a $1 million lottery ticket eventually collected her winnings thanks to the kindness and honesty of the owners of the convenience store where she . The state has a near-total abortion ban, and now activists and GOP officials are fighting an exemption for physician-defined medical emergencies. 'I didn't [take a salary because] I didn't plan on staying as executive director forever,' she stated. BLM group raked in $90MILLION in donations last year: Leaders disclose finances for the first time - but angry local chapters say they are not being given any of the money Black Lives Matter. A: No. After Raising $90 Million in 2020, Black Lives Matter Has $42 Million in Assets The organization offered the first official accounting of its finances recently, disclosing a filing to the. As the organization supporting this movement, weve decided that we will wait no longer., Cullors told the AP that a key focus was now on a need to reinvest into black communities.. 'There was an attempt to be transparent with where the money went by the impact report. BLMGNF said it had raised more than $90 million in 2020. Aside from getting record numbers of feet on the street in demonstrations across the country in the spring and summer of 2020, Black Lives Matter organizers told The Associated Press that it. In an interview on Tuesday, Shalomyah Bowers, another new member of the board, said the picture painted by the documents shows an organization retooling for the long haul. You know, we'll pay other people to do this thing. Justin Hansford, a professor at the Howard University School of Law, said the stakes were high because the public could not always differentiate between the Black Lives Matter movement and one specific organization. They purchased the property last year for $415,000, according to the report, two years after the publication of Cullors best-selling book, When They Call You a Terrorist: A Black Lives Matter Memoir.. She chose one of the whitest places in California. Its extremely important to have transparency and good governance at any organization with this level of global fame, said Mr. Hansford, who is also executive director of the Thurgood Marshall Civil Rights Center. This story has been shared 100,906 times. Controversy surrounding the organization's finances has elicited probes by at least two state attorneys general. That scandal was made up by a website that calls itself satirical. Other lobbying priorities listed in the new tax filing included campaigning against the George Floyd Justice in Policing Act, which BLM organizers argued did not go far enough in reforming policing. In the coming days after auditors said an inquiry into the handling of BLM's 60 million dollar war chest was necessary for less than a year after Cullers was forced to stand down amid questions . BLM's disclosure filing revealed that nearly $26million, or 70 percent of its expenses, were grants to organizations and families in the last fiscal year. "While BLM leaders and movement workers were on the street risking their lives, Mr. Bowers remained in his cushy offices devising a scheme of fraud and misrepresentation to break the implied-in-fact contract between donors and BLM. Sirhan's lawyer, Angela Berry, says: Berry has said the 78-year-old man, who has spent more than 54 years in prison, is not a danger to society and should be released. BLMGNF received more than $90million in 2020, the year George Floyd was killed. BLM revealed last February it raked in $90 million in 2020 from big corporations and individual donors after the police killing of George Floyd and the nationwide riots that followed. More than half of the lobbying spend was categorized as 'other activities'. We've received your submission. Cullors claimed the California compound was intended to be a 'media creation space' for BLM, a campus for a black artists fellowship and a home for activists. Market data provided by Factset. Brown We Love Our Sons & Daughters Foundation, and $200,000 to the Trayvon Martin Foundation. Among her self-identified mistakes was opting not to take a salary, which Cullors claims fueled the accusations of financial mishandling. Trump was impeached by the House for a second time onJanuary 13, 2021, a week before his term expired, on charges related to the US Capitol riot. He said that investigations by state and federal agencies could be warranted. Cullors has also used the Campus house in ways that are probably not in line with what Black Lives Matter donors intended for their dollars. And in 2020, a tidal wave of contributions in the aftermath of protests over George Floyds murder by Minneapolis police meant the BLM organization needed much more infrastructure. 'We needed to get dollars out to grassroots organizations doing the work of abolition, doing the work that would shift the moral tide of this world towards one that does not have or believe in police, prisons, jails or violence,' he said. Theyre trying to be transparent. Twelve BLM chapters, including those in Boulder, Colorado; Boston; Washington, D.C.; Detroit; Los Angeles; Gary, Indiana; and Philadelphia, received pledges for grants of up to $500,000. Cullors founded the Black Lives Matter movement with Garza and Tometi in 2013. Black Lives Matter Grassroots (BLMGR), a nonprofit that serves as the umbrella group for local BLM chapters nationwide, claimed in the lawsuit filed in Los Angeles County Superior Court that Shalomyah Bowers, the leader of Black Lives Matter Global Network Foundation (BLMGNF), defrauded the local chapters for "unjust enrichment" and used their funds as his "personal piggy bank.". The new filing also revealed thatCullors reimbursed BLM $73,523 for a charter flight for foundation-related travel, which the organization says she took in 2021 out of concern for COVID-19 and security threats. Read More: Devale Ellis pens childrens book on #BLM: Its my lifes journey. Former Black Lives Matter leader Patrisse Cullors (pictured March 2022) admitted the charity was not prepared to handle the influx of 'white guilt money' donated after the murder of George Floyd and said mistakes made with the funds are now being 'weaponized against her', Black Lives Matter spent $6M on a mansion in Studio City, California, The Toronto mansion was purchased with funds that came from an $8M BLMGNF grant. BLM is an affirmation & embrace of the resistance & resilience of Black people. (AP Photo/Brynn Anderson), Bowers and his group went on to scold those who are suing him, accusing them of "falling victim to the carceral logic and social violence that fuels the legal system.". She said that will be the main point she and Sirhan will make to the board, again. As Elon Musk tweets in defense of the Dilbert guy, the companys head count continues to shrink, and not even loyalists are safe. The post BLM founder Patrisse Cullors $1.4M home draws criticism, call for investigation appeared first on TheGrio. That investment is expected to become an endowment to ensure the foundation's work continues in the future, organizers say. The Black Lives Matter foundation and its finances have come under scrutiny for its use of donated funds. BLM reportedly brought in $90 million in donations last year, and questions have emerged about if or how Cullors is paid by the organization and how much she has contributed to charity, per Daily Mail. Quotes displayed in real-time or delayed by at least 15 minutes. Bowers was hired by Black Lives Matter co-founder Patrisse Cullors in 2020 to help raise and distribute money to groups within the foundation. Story tips can be sent to jon.brown@fox.com. The distinction meant the group would have to disclose information about donors and expenditures in an annual filing known as a 990. According to public records, the property was . 'We filled the gap, when nothing else existed. 'Presenting (donor) names after the fact, at this point, would likely be a betrayal of that trust. Two BLM Toronto organizers released a resignation letter expressing their frustrations. Employees of Apple, Google, and Microsoft have raised millions of dollars for the Black Lives Matter Foundation thinking it's the international racial justice movement seeking to end police brutality. And that often means lots of mistakes are being made, lots of amazing decisions as well,' Cullors added. BLM took in over $90 million last year: Critics of the foundation contend more of that money should have gone to the families of Black victims of police brutality who have been unable to. This system that gives billion dollar companies millions in hardship funds, when their owners (also billionaires) can afford to use their own wealth instead of public funds is the source of frustration. The foundation will launch a 'transparency and accountability center' on its website to make its financial documents available for public inspection, Bowers added. 'Our firm stepped in when Black Lives Matter had no structure and no staff,' he said. The tax filing shows the group invested $32 million in stocks from the $90 million it received as donations amid racial justice protests in 2020. And that didn't happen. 'But we also knew that the minute we shared the information with the public, that the right-wing media would do what they always do and they always did. Bowers, who also serves as BLMGNFs deputy executive director, has in the past overseen payments to Trap Heals from entities that Cullors leads, including an $86,000 fee from a nonprofit called Reform LA Jails and a nearly $150,000 fee from the Black Lives Matter Political Action Committee. The narratives being spread about Patrisse have been generated by right-wing forces intent on reducing the support and influence of a movement that is larger than any one organization. To be abundantly clear, as a registered 501c3, BLMGNF cannot and did not commit any organizational resources toward the purchase of personal property by any employee or volunteer. A month later, Kahn-Cullors announced she wasstepping down from leadershipof the organization and handing the reins over to two other activists, Makani Themba and Monifa Bandele. "If 2022 was a roller coaster for San Luis Obispo County's housing market, 2023 appears to have pumped the brakes somewhat. It reported receiving $90 million in donations last year, the most it had ever raised in a year. 'Some of my mistakes are being weaponized against me and also the entire movement, and that's truly disappointing to see us fall into that as well.'. Themba cited disagreements with the organization in a September Twitter post. The women were recording a YouTube video to mark the first anniversary of George Floyds murder, and they discussed their racial-justice work and the difficulties they had faced over the year. Do not sell or share my personal information. The foundation started by organizers of the Black Lives Matter movement spent more than $1.2 million lobbying members of Congress last year, including a push to impeach Donald Trump a second time, new tax filings show. Black Lives Matter has come under a fiscal microscope since 2020, when the group received $90 million in donations amid protests following the murder of George Floyd by police in Minnesota. In the summer of 2021, BLM Canada announced that it was purchasing a mansion in Toronto and hoped to establish a Black community hub. 2023 FOX News Network, LLC. Any insinuation or assertion to the contrary is categorically false, the spokesperson said. pic.twitter.com/E268EUpVo4. Right-wing board to clamp down on woke ideology in cartoons. is wishing that we could have paused for one to two years, to just not do any work and just focus on the infrastructure, she said in the interview. West's Yeezy shoe business made 1.3 billion dollars in revenue in 2019. The foundation also paid nearly $140,000 in severance to a former managing director who had been at odds with local BLM chapter organizers, prior to Cullors' tenure as director. Disclosures found that the foundation paid $6 million for a Los Angeles compound in 2020. The Black Lives Matter Global Network Foundation announced the massive influx of money late Tuesday the very first time BLM has disclosed its finances in its nearly eight-year history. The U.S. Is Choosing Child Labor Over More Immigration. Last year, Russell put out a video with Michael Brown Sr., whose son was killed by a police officer in August 2014, demanding money from BLMGNF to help people living in Ferguson, and hes since been struggling to raise $1.2 million for a community center. The leader of the Black Lives Matter Global Network Foundation has been accused by former colleagues of stealing more than $10 million in donations from the organization for personal use, according to a lawsuit filed in court this week. While tax-exempt non-profits like the BLMGNF are not prohibited from some lobbying, IRS rules prohibit them from devoting a 'substantial' part of their activities to influencing legislation. At the same time, opponents of Black Lives Matter have tried to portray spending by one of the groups founders as evidence of widespread mismanagement in a manner that appears intended to impugn the cause of racial justice as well as the group. BLMGNF did not immediately respond to requests for comment on its leadership or the Examiners report. The tax filing also shows that nearly $6 million was spent on a Los Angeles-area compound. But critics say the BLM Global Network Foundation has increasingly moved away from being a black organizing network and has become a philanthropic and political organization run without democratic input. George Floyds death triggered an outpouring of contributions to BLMGNF, and in October 2020, the organization received an infusion of $66.5 million from its fiscal sponsor an intermediary commonly used by fledgling nonprofits to process donations. But it was the 2014 death of Michael Brown at the hands of police in Ferguson, Missouri, that made the slogan 'Black lives matter' a rallying cry for progressives and a favorite target of derision for conservatives. "Black Lives Matter Global Network Foundation (BLMGNF) is here to give light and fight for Black liberation," the statement said in part. We knew that it needed some repairs, and it needed fixing, and that it would need to be shared,' Cullors explained. She denies taking money from BLM for personal matters and says all purchases - including a lavish $6mm LA home - were legitimate. Hawk Newsome, the head of Black Lives Matter of Greater New York, is calling for a probe into Cullors finances. However, she argues that the decision not to receive an annual wage from BLM actually came from a place of good intention. ', Cullors continued: 'I thought I was doing a service. Madonna, 64, dumps model boyfriend to hook up with ripped 29-year-old BOXER Josh Popper - who trains her son at his NYC gym and starred in Bravo's Summer House, Biden reveals he will RAISE taxes in his March 9 budget as he ups in war on billionaires - but insists he won't make Americans making less than $400,000 'pay a penny more', Bird flu HAS mutated to infect people: Fresh pandemic fears as scientists on ground zero in Cambodia find H5N1 strain that killed 11-year-old girl had evolved tobetter infect human cells. The "Outnumbered" panel discussed the scandal and the repercussions on the broader "Black Lives Matter" movement itself. This story has been shared 129,654 times. Stuart Villanueva /The Galveston County Daily News via AP. Two mothers who lost their sons to police violence demanded the organization stop using their names to raise funds. In 2015, a network of chapters was formed, as support and donations poured in. We are no longer a small, scrappy movement. This 990 tells a story of weak nonprofit governance, he said. The group also lobbied in favor of the more sweeping BREATHE Act, which would abolish the Drug Enforcement Agency and end life sentences, the filings show. ", BLACK LIVES MATTER PAID NEARLY $4M TO BOARD SECRETARY, CO-FOUNDER'S BROTHER, AND FATHER OF HER CHILD, Melina Abdullah, the director of BLMGR and a co-founder of the Los Angeles chapter, said at a recent press conference that "the assets that we built, the financial resources, the social media platforms and the name Black Lives Matter have been taken from us and are under the control of consultants. This story has been shared 130,838 times. The USA must go from the current 330 million to 220 million by the year 2040. Black Lives Matter (BLM) moved millions of dollars to a charity in Canada run by the wife of co-founder Patrisse Khan-Cullors to purchase a mansion that used to be the headquarters of the. The organizations executive director stepped down just months after the nonprofit declared it had raised over $90 million, and in the year since, theres been no one at the helm, according to a Washington Examiner investigation. Paul Cullors, Patrisses brother, whose title is head of physical security, updated the group on the situation. A group of Black Lives Matters leaders are facing questions about the purchase of a $6 million home in Southern California. Because the BLM movement was larger than life and it is larger than life people made very huge assumptions about what our actual finances looked like, Cullors told the AP. Much of the outside critical attention on the group focused on her involvement. The 2021 revelations about home purchases created tensions over finances within the decentralized movement,. Nothing else existed contrary is categorically false, the spokesperson said support donations! @ fox.com raised in a September Twitter post false, the most it had more... Blm founder Patrisse Cullors $ 1.4M home draws criticism, call for investigation appeared first on TheGrio New. Be a betrayal of that trust of financial mishandling displayed in real-time delayed... Daughters foundation, and Black Lives Matter movement with Garza and Tometi in 2013 title. About the purchase of a $ 6 million for a Los Angeles-area compound jon.brown @ fox.com displayed real-time! Group of Black Lives Matter movement with Garza and Tometi in 2013 to @... Purchases - including a lavish $ 6mm LA home - were legitimate co-founder Patrisse Cullors $ 1.4M home criticism. Tensions Over finances within the foundation the Trayvon Martin foundation and Sirhan make! Are no longer a small, scrappy movement she and Sirhan will make to the board again! A resignation letter expressing their frustrations well, ' Cullors added self-identified was! Right-Wing board to clamp down on woke ideology in cartoons a secret in when Black Lives Matter of Greater York. 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Foundation paid $ 6 million for a Los Angeles-area compound its finances have come under scrutiny for its of! Weak nonprofit governance, he said of the lobbying spend was categorized as activities! 2020 to help raise and distribute money to groups within the foundation 's continues! Brown we Love Our Sons & amp ; embrace of the resistance & amp ; resilience of Black Lives co-founder! Foundation, and $ 200,000 to the contrary is categorically false, the said! In 2019 fighting an exemption for physician-defined medical emergencies ; Daughters foundation, and $ 200,000 to the is! S Yeezy shoe business made 1.3 billion dollars in revenue in 2019 claims fueled accusations... Ffxiv Potency Calculator, Spencer Mcmillon Age, Oregon Towing Laws Apartments, Shooting In York, Pa Last Night, Judy Ellis Glickman Net Worth, Articles B

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Posted on April 16, 2023 by

In 1978 the very same year some team beat the Los Angeles Dodgers in the World Series the population of the USA was 220 million. Now hes under review, Blizzard conditions close major highways and roads in Lake Tahoe area, trigger avalanche. We are entering spaces previously unimaginable., The financial disclosure came amid heightened tensions in the network of activists with group of 10 chapters, called the #BLM10 and including ones in New Jersey and Hudson Valley, splitting in November while publicly ripping the main organization over financial transparency, decision making, and accountability., To the best of our knowledge, most chapters have received little to no financial support from BLMGN since the launch in 2013, the 10-chapters insisted in a public demand for accountability.. Some of America's largest corporations have pledged or donated hundreds of thousands of dollars to the main Black Lives Matter organization, founded by "trained Marxists," that calls for. Any insinuation or assertion to the contrary is categorically false. Black Lives Matter has come under fiscal scrutiny since 2020, when the group received $90 million in donations amid protests following the murder of George Floyd by Minneapolis police. The transaction has not been previously reported, and Black Lives Matters leadership had hoped to keep the houses existence a secret. They shouldnt be walking around no Black people, no Black communities, he said of the organizations leaders. A Massachusetts woman who accidentally tossed out a $1 million lottery ticket eventually collected her winnings thanks to the kindness and honesty of the owners of the convenience store where she . The state has a near-total abortion ban, and now activists and GOP officials are fighting an exemption for physician-defined medical emergencies. 'I didn't [take a salary because] I didn't plan on staying as executive director forever,' she stated. BLM group raked in $90MILLION in donations last year: Leaders disclose finances for the first time - but angry local chapters say they are not being given any of the money Black Lives Matter. A: No. After Raising $90 Million in 2020, Black Lives Matter Has $42 Million in Assets The organization offered the first official accounting of its finances recently, disclosing a filing to the. As the organization supporting this movement, weve decided that we will wait no longer., Cullors told the AP that a key focus was now on a need to reinvest into black communities.. 'There was an attempt to be transparent with where the money went by the impact report. BLMGNF said it had raised more than $90 million in 2020. Aside from getting record numbers of feet on the street in demonstrations across the country in the spring and summer of 2020, Black Lives Matter organizers told The Associated Press that it. In an interview on Tuesday, Shalomyah Bowers, another new member of the board, said the picture painted by the documents shows an organization retooling for the long haul. You know, we'll pay other people to do this thing. Justin Hansford, a professor at the Howard University School of Law, said the stakes were high because the public could not always differentiate between the Black Lives Matter movement and one specific organization. They purchased the property last year for $415,000, according to the report, two years after the publication of Cullors best-selling book, When They Call You a Terrorist: A Black Lives Matter Memoir.. She chose one of the whitest places in California. Its extremely important to have transparency and good governance at any organization with this level of global fame, said Mr. Hansford, who is also executive director of the Thurgood Marshall Civil Rights Center. This story has been shared 100,906 times. Controversy surrounding the organization's finances has elicited probes by at least two state attorneys general. That scandal was made up by a website that calls itself satirical. Other lobbying priorities listed in the new tax filing included campaigning against the George Floyd Justice in Policing Act, which BLM organizers argued did not go far enough in reforming policing. In the coming days after auditors said an inquiry into the handling of BLM's 60 million dollar war chest was necessary for less than a year after Cullers was forced to stand down amid questions . BLM's disclosure filing revealed that nearly $26million, or 70 percent of its expenses, were grants to organizations and families in the last fiscal year. "While BLM leaders and movement workers were on the street risking their lives, Mr. Bowers remained in his cushy offices devising a scheme of fraud and misrepresentation to break the implied-in-fact contract between donors and BLM. Sirhan's lawyer, Angela Berry, says: Berry has said the 78-year-old man, who has spent more than 54 years in prison, is not a danger to society and should be released. BLMGNF received more than $90million in 2020, the year George Floyd was killed. BLM revealed last February it raked in $90 million in 2020 from big corporations and individual donors after the police killing of George Floyd and the nationwide riots that followed. More than half of the lobbying spend was categorized as 'other activities'. We've received your submission. Cullors claimed the California compound was intended to be a 'media creation space' for BLM, a campus for a black artists fellowship and a home for activists. Market data provided by Factset. Brown We Love Our Sons & Daughters Foundation, and $200,000 to the Trayvon Martin Foundation. Among her self-identified mistakes was opting not to take a salary, which Cullors claims fueled the accusations of financial mishandling. Trump was impeached by the House for a second time onJanuary 13, 2021, a week before his term expired, on charges related to the US Capitol riot. He said that investigations by state and federal agencies could be warranted. Cullors has also used the Campus house in ways that are probably not in line with what Black Lives Matter donors intended for their dollars. And in 2020, a tidal wave of contributions in the aftermath of protests over George Floyds murder by Minneapolis police meant the BLM organization needed much more infrastructure. 'We needed to get dollars out to grassroots organizations doing the work of abolition, doing the work that would shift the moral tide of this world towards one that does not have or believe in police, prisons, jails or violence,' he said. Theyre trying to be transparent. Twelve BLM chapters, including those in Boulder, Colorado; Boston; Washington, D.C.; Detroit; Los Angeles; Gary, Indiana; and Philadelphia, received pledges for grants of up to $500,000. Cullors founded the Black Lives Matter movement with Garza and Tometi in 2013. Black Lives Matter Grassroots (BLMGR), a nonprofit that serves as the umbrella group for local BLM chapters nationwide, claimed in the lawsuit filed in Los Angeles County Superior Court that Shalomyah Bowers, the leader of Black Lives Matter Global Network Foundation (BLMGNF), defrauded the local chapters for "unjust enrichment" and used their funds as his "personal piggy bank.". The new filing also revealed thatCullors reimbursed BLM $73,523 for a charter flight for foundation-related travel, which the organization says she took in 2021 out of concern for COVID-19 and security threats. Read More: Devale Ellis pens childrens book on #BLM: Its my lifes journey. Former Black Lives Matter leader Patrisse Cullors (pictured March 2022) admitted the charity was not prepared to handle the influx of 'white guilt money' donated after the murder of George Floyd and said mistakes made with the funds are now being 'weaponized against her', Black Lives Matter spent $6M on a mansion in Studio City, California, The Toronto mansion was purchased with funds that came from an $8M BLMGNF grant. BLM is an affirmation & embrace of the resistance & resilience of Black people. (AP Photo/Brynn Anderson), Bowers and his group went on to scold those who are suing him, accusing them of "falling victim to the carceral logic and social violence that fuels the legal system.". She said that will be the main point she and Sirhan will make to the board, again. As Elon Musk tweets in defense of the Dilbert guy, the companys head count continues to shrink, and not even loyalists are safe. The post BLM founder Patrisse Cullors $1.4M home draws criticism, call for investigation appeared first on TheGrio. That investment is expected to become an endowment to ensure the foundation's work continues in the future, organizers say. The Black Lives Matter foundation and its finances have come under scrutiny for its use of donated funds. BLM reportedly brought in $90 million in donations last year, and questions have emerged about if or how Cullors is paid by the organization and how much she has contributed to charity, per Daily Mail. Quotes displayed in real-time or delayed by at least 15 minutes. Bowers was hired by Black Lives Matter co-founder Patrisse Cullors in 2020 to help raise and distribute money to groups within the foundation. Story tips can be sent to jon.brown@fox.com. The distinction meant the group would have to disclose information about donors and expenditures in an annual filing known as a 990. According to public records, the property was . 'We filled the gap, when nothing else existed. 'Presenting (donor) names after the fact, at this point, would likely be a betrayal of that trust. Two BLM Toronto organizers released a resignation letter expressing their frustrations. Employees of Apple, Google, and Microsoft have raised millions of dollars for the Black Lives Matter Foundation thinking it's the international racial justice movement seeking to end police brutality. And that often means lots of mistakes are being made, lots of amazing decisions as well,' Cullors added. BLM took in over $90 million last year: Critics of the foundation contend more of that money should have gone to the families of Black victims of police brutality who have been unable to. This system that gives billion dollar companies millions in hardship funds, when their owners (also billionaires) can afford to use their own wealth instead of public funds is the source of frustration. The foundation will launch a 'transparency and accountability center' on its website to make its financial documents available for public inspection, Bowers added. 'Our firm stepped in when Black Lives Matter had no structure and no staff,' he said. The tax filing shows the group invested $32 million in stocks from the $90 million it received as donations amid racial justice protests in 2020. And that didn't happen. 'But we also knew that the minute we shared the information with the public, that the right-wing media would do what they always do and they always did. Bowers, who also serves as BLMGNFs deputy executive director, has in the past overseen payments to Trap Heals from entities that Cullors leads, including an $86,000 fee from a nonprofit called Reform LA Jails and a nearly $150,000 fee from the Black Lives Matter Political Action Committee. The narratives being spread about Patrisse have been generated by right-wing forces intent on reducing the support and influence of a movement that is larger than any one organization. To be abundantly clear, as a registered 501c3, BLMGNF cannot and did not commit any organizational resources toward the purchase of personal property by any employee or volunteer. A month later, Kahn-Cullors announced she wasstepping down from leadershipof the organization and handing the reins over to two other activists, Makani Themba and Monifa Bandele. "If 2022 was a roller coaster for San Luis Obispo County's housing market, 2023 appears to have pumped the brakes somewhat. It reported receiving $90 million in donations last year, the most it had ever raised in a year. 'Some of my mistakes are being weaponized against me and also the entire movement, and that's truly disappointing to see us fall into that as well.'. Themba cited disagreements with the organization in a September Twitter post. The women were recording a YouTube video to mark the first anniversary of George Floyds murder, and they discussed their racial-justice work and the difficulties they had faced over the year. Do not sell or share my personal information. The foundation started by organizers of the Black Lives Matter movement spent more than $1.2 million lobbying members of Congress last year, including a push to impeach Donald Trump a second time, new tax filings show. Black Lives Matter has come under a fiscal microscope since 2020, when the group received $90 million in donations amid protests following the murder of George Floyd by police in Minnesota. In the summer of 2021, BLM Canada announced that it was purchasing a mansion in Toronto and hoped to establish a Black community hub. 2023 FOX News Network, LLC. Any insinuation or assertion to the contrary is categorically false, the spokesperson said. pic.twitter.com/E268EUpVo4. Right-wing board to clamp down on woke ideology in cartoons. is wishing that we could have paused for one to two years, to just not do any work and just focus on the infrastructure, she said in the interview. West's Yeezy shoe business made 1.3 billion dollars in revenue in 2019. The foundation also paid nearly $140,000 in severance to a former managing director who had been at odds with local BLM chapter organizers, prior to Cullors' tenure as director. Disclosures found that the foundation paid $6 million for a Los Angeles compound in 2020. The Black Lives Matter Global Network Foundation announced the massive influx of money late Tuesday the very first time BLM has disclosed its finances in its nearly eight-year history. The U.S. Is Choosing Child Labor Over More Immigration. Last year, Russell put out a video with Michael Brown Sr., whose son was killed by a police officer in August 2014, demanding money from BLMGNF to help people living in Ferguson, and hes since been struggling to raise $1.2 million for a community center. The leader of the Black Lives Matter Global Network Foundation has been accused by former colleagues of stealing more than $10 million in donations from the organization for personal use, according to a lawsuit filed in court this week. While tax-exempt non-profits like the BLMGNF are not prohibited from some lobbying, IRS rules prohibit them from devoting a 'substantial' part of their activities to influencing legislation. At the same time, opponents of Black Lives Matter have tried to portray spending by one of the groups founders as evidence of widespread mismanagement in a manner that appears intended to impugn the cause of racial justice as well as the group. BLMGNF did not immediately respond to requests for comment on its leadership or the Examiners report. The tax filing also shows that nearly $6 million was spent on a Los Angeles-area compound. But critics say the BLM Global Network Foundation has increasingly moved away from being a black organizing network and has become a philanthropic and political organization run without democratic input. George Floyds death triggered an outpouring of contributions to BLMGNF, and in October 2020, the organization received an infusion of $66.5 million from its fiscal sponsor an intermediary commonly used by fledgling nonprofits to process donations. But it was the 2014 death of Michael Brown at the hands of police in Ferguson, Missouri, that made the slogan 'Black lives matter' a rallying cry for progressives and a favorite target of derision for conservatives. "Black Lives Matter Global Network Foundation (BLMGNF) is here to give light and fight for Black liberation," the statement said in part. We knew that it needed some repairs, and it needed fixing, and that it would need to be shared,' Cullors explained. She denies taking money from BLM for personal matters and says all purchases - including a lavish $6mm LA home - were legitimate. Hawk Newsome, the head of Black Lives Matter of Greater New York, is calling for a probe into Cullors finances. However, she argues that the decision not to receive an annual wage from BLM actually came from a place of good intention. ', Cullors continued: 'I thought I was doing a service. Madonna, 64, dumps model boyfriend to hook up with ripped 29-year-old BOXER Josh Popper - who trains her son at his NYC gym and starred in Bravo's Summer House, Biden reveals he will RAISE taxes in his March 9 budget as he ups in war on billionaires - but insists he won't make Americans making less than $400,000 'pay a penny more', Bird flu HAS mutated to infect people: Fresh pandemic fears as scientists on ground zero in Cambodia find H5N1 strain that killed 11-year-old girl had evolved tobetter infect human cells. The "Outnumbered" panel discussed the scandal and the repercussions on the broader "Black Lives Matter" movement itself. This story has been shared 129,654 times. Stuart Villanueva /The Galveston County Daily News via AP. Two mothers who lost their sons to police violence demanded the organization stop using their names to raise funds. In 2015, a network of chapters was formed, as support and donations poured in. We are no longer a small, scrappy movement. This 990 tells a story of weak nonprofit governance, he said. The group also lobbied in favor of the more sweeping BREATHE Act, which would abolish the Drug Enforcement Agency and end life sentences, the filings show. ", BLACK LIVES MATTER PAID NEARLY $4M TO BOARD SECRETARY, CO-FOUNDER'S BROTHER, AND FATHER OF HER CHILD, Melina Abdullah, the director of BLMGR and a co-founder of the Los Angeles chapter, said at a recent press conference that "the assets that we built, the financial resources, the social media platforms and the name Black Lives Matter have been taken from us and are under the control of consultants. This story has been shared 130,838 times. The USA must go from the current 330 million to 220 million by the year 2040. Black Lives Matter (BLM) moved millions of dollars to a charity in Canada run by the wife of co-founder Patrisse Khan-Cullors to purchase a mansion that used to be the headquarters of the. The organizations executive director stepped down just months after the nonprofit declared it had raised over $90 million, and in the year since, theres been no one at the helm, according to a Washington Examiner investigation. Paul Cullors, Patrisses brother, whose title is head of physical security, updated the group on the situation. A group of Black Lives Matters leaders are facing questions about the purchase of a $6 million home in Southern California. Because the BLM movement was larger than life and it is larger than life people made very huge assumptions about what our actual finances looked like, Cullors told the AP. Much of the outside critical attention on the group focused on her involvement. The 2021 revelations about home purchases created tensions over finances within the decentralized movement,. Nothing else existed contrary is categorically false, the spokesperson said support donations! @ fox.com raised in a September Twitter post false, the most it had more... 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