USA: The Black Lives Matter organization is sitting on tens of millions of dollars and has come under scrutiny in recent weeks because they have failed to file the appropriate paperwork associated with a non-profit.
Now we are learning that co-founder Patrisse Cullors has used funds donated to BLM to pay millions of dollars to family and friends for various reasons.
This, combined with her home purchases, makes it look like BLM was nothing more than a massive grifter scheme.
The Washington Free Beacon reports:
This Is Why Black Lives Matter Thinks Tax Disclosures Are ‘Triggering’
The Black Lives Matter foundation has $42 million in net assets, the Associated Press reported on Tuesday. The foundation’s cofounder, self-proclaimed Marxist Patrisse Cullors, used the foundation’s money to pay millions of dollars to family members, friends, and the father of her child.
The Black Lives Matter Global Network Foundation in a 990 tax disclosure obtained by the AP reported that it “invested $32 million in stocks from the $90 million it received as donations” thanks to the 2020 race protests. It ended its last fiscal year with $42 million in net assets and has an operating budget of about $4 million.
Under Cullors’s direction, BLM paid out nearly $970,000 to a company owned by Damon Turner, who has a child with Cullors; more than $840,000 to a security firm run by Cullors’s brother; and more than $2.1 million to a consulting firm owned by close Cullors associate Shalomyah Bowers. Cullors admitted the foundation employed her mother and sister as well as her brother.
Cullors this year said just hearing about the 990 disclosure, which all nonprofits are required to fill out, is “triggering.” She said the form is “being literally weaponized against us” and made her feel “deeply unsafe.”
Wasn’t this money supposed to go to poor black communities?
JUST IN – #BLM founder Patrisse Cullors paid her baby father $970,000 for “creative services”, her brother $840,000 for “security services” from charity funds.https://t.co/qXZmdduxnl
— Disclose.tv (@disclosetv) May 17, 2022
Cullors has some explaining to do.
By Mike LaChance
Join: 👉 https://t.me/acnewspatriots
The opinions expressed by contributors and/or content partners are their own and do not necessarily reflect the views of AC.NEWS
Disclaimer: This article may contain statements that reflect the opinion of the author. The contents of this article are of sole responsibility of the author(s). AC.News will not be responsible for any inaccurate or incorrect statement in this article www.ac.news websites contain copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available to our readers under the provisions of “fair use” in an effort to advance a better understanding of political, health, economic and social issues. The material on this site is distributed without profit to those who have expressed a prior interest in receiving it for research and educational purposes. If you wish to use copyrighted material for purposes other than “fair use” you must request permission from the copyright owner. Reprinting this article: Non-commercial use OK. If you wish to use copyrighted material for purposes other than “fair use” you must request permission from the copyright owner.
Disclaimer: The information and opinions shared are for informational purposes only including, but not limited to, text, graphics, images and other material are not intended as medical advice or instruction. Nothing mentioned is intended to be a substitute for professional medical advice, diagnosis or treatment.
Discussion about this post