Friday, January 28, 2022

BLM's millions unaccounted for after leaders quietly jumped ship

No one appears to have been in charge at Black Lives Matter for months. The address it lists on tax forms is wrong, and the charity's two board members won't say who controls its $60 million bankroll, a Washington Examiner investigation has found.

BLM's shocking lack of transparency surrounding its finances and operations raises major legal and ethical red flags, multiple charity experts told the Washington Examiner.

"Like a giant ghost ship full of treasure drifting in the night with no captain, no discernible crew, and no clear direction," CharityWatch Executive Director Laurie Styron said of BLM.

 BLM co-founder Patrisse Cullors appointed two activists to serve as the group's senior directors following her resignation in May amid scrutiny over her personal finances. But both quietly announced in September that they never took the jobs due to disagreements with BLM. They told the Washington Examiner they don't know who now leads the nation's most influential social justice organization.

......BLM previously came under fire from local black activists after the New York Post reported in April that Cullors, then its executive director, had spent $3.2 million on real estate across the United States. The reports followed BLM's disclosure in February 2021 that it closed out 2020 with $60 million in its bank accounts.

BLM denied allegations that Cullors spent BLM funds on her personal properties. However, BLM and other activist organizations under Cullors's control offered contracts to an art company led by the father of her only child, the Daily Caller reported...MORE

No comments: