blm $90 million dollars stolen

However, current board members allege that was never the truth. . BLMGNF raised over $90 million in 2020 alone, according to aFebruary 2021 financial reportpublished by the nonprofit. The US Corporate government seeks to roll over its payments past the deadline. BLMGNF is incorporated in the state of Delaware, and was granted nonprofit status in December 2020, according to public records. Paul Cullors, Patrisses brother, whose title is head of physical security, updated the group on the situation. 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. Trending: In particular, her decision to buy a million-dollar home in the Topanga Canyon area drew scrutiny. Market data provided by Factset. 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. This email will be used to sign into all New York sites. Some activists are now demanding $20 million from the Black Lives Matter Global Network Foundation, including Michael Brown Sr., whose son Michael Brown Jr., was killed by police in Ferguson, Missouri, in 2014. Kara Swisher talks with the Council on Foreign Relations president about Bidens spy-balloon-size missed opportunity. BLM's national organizationspent more than $1.2 million lobbying members of Congress last year, tax filings show. Cullors, 37, has reportedly purchased four high-end homes for $3.2 million in the U.S. alone, per New York Post, including property in a Topanga Canyon in Los Angeles County for $1.4 million. The filing shows that the group's lobbying spending was devoted in part to 'lobby member[s] of Congress to vote in favor of impeachment.'. Among its larger grants are $2.3million to the Living Through Giving Foundation, a nonprofit charity platform that encourages giving at the local level; and $1.5million to Team Blackbird, LLC, a rapid response communications and movement strategy project that increases the visibility of movement organizations. Read More: Tensions erupt near Minneapolis after police kill 20-year-old Duante Wright. Black Lives Matter spent $1.2M lobbying Congress: Pushed for Trump's IMPEACHMENT over Jan. 6, tried to abolish the DEA and end life sentences, bombshell tax filings show. Theyve attempted to say and Im just gonna say it She bought some damn houses. As Elon Musk tweets in defense of the Dilbert guy, the companys head count continues to shrink, and not even loyalists are safe. One of our biggest goals this year is taking the dollars we were able to raise in 2020 and building out the institution weve been trying to build for the last seven and a half years, she said in an interview. BLMGNF received backlash following the purchase, including from some of the organization's supporters. During the last fiscal year, Cullors was the foundation board's sole voting director and held no board meetings, according to the filing. This story has been shared 102,555 times. We've received your submission. 'This 990 reveals that (the BLM foundation) is the largest black abolitionist nonprofit organization that has ever existed in the nation's history. Other internal records indicate Cullorss mother was approved for a cleaning job at Campus and that Cullorss sister signed the same kind of nondisclosure agreement as other employees at the property, although its not clear if the sister worked there. BLMGNF raised over $90 million in 2020 alone, according to a February 2021 financial report published by the nonprofit. Who the fuck are you? The group found that 2020 protests cost more than any other period of unrest in American history, as the average cost of demonstrations since 1950 has been about $90 million annually. Like, here it is, here's what's going on. The former BLM leader did admit previously that her sister, mother, and brother were employed with the organization. Download theGrio today! 'We filled the gap, when nothing else existed. Gay was one of three new board members that the group announced last month. The Examiner reported that it paid a visit to the Los Angeles address listed on those same tax forms, and was told by a security guard that BLM had never had offices there. 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 . Hawk Newsome, the head of Black Lives Matter of Greater New York, is calling for a probe into Cullors finances. The memo notes: Holes in security story: Use in public YT videos.. Its far from a box, with more than 6,500 square feet, more than half a dozen bedrooms and bathrooms, several fireplaces, a soundstage, a pool and bungalow, and parking for more than 20 cars, according to real-estate listings. The form covers the fiscal year that ended June 30, 2021, nearly a year ago. In January, it was revealed that Cullors transferred millions from the organization to a charity run by her wife,Janaya Khan, to purchase the property. She had a lot of options on where to live. A Huge Majority of Voters in George Santoss Own District Think He Should Resign. And then there was a flurry around where did the money go, She added: 'I think that part of the issue has been and was that there wasn't a clear sense of how do we talk about this money? The transaction has not been previously reported, and Black Lives Matters leadership had hoped to keep the houses existence a secret. We are no longer accepting comments on this article. Soon after, The Post reported that Kahn-Cullorswent on a real estate buying binge. Were making it clear to Black people that were an institution and that were here to stay, said Mr. Bowers. Additionally, the Post claims that in recent years, Cullors, a self-described Marxist, paid $510,000 for a three-bedroom home in Inglewood, California. On behalf of many activists in the St. Louis area, Im joined by Mike Brown Sr., the father of Mike Brown Jr. Today, we hold Black Lives Matter accountable, said local community organizer Tony Russell. However, despite spending more than $37 million on grants, real estate, consultants, and other expenses, the Black Lives Matter Global Network Foundation is still worth tens of millions of dollars, according to tax documents filed with the IRS. On the secure-messaging platform Signal, in a text chat named BLM Security Hub, around two dozen participants from BLMGNF, Bowers Consulting, Janaya and Patrisse Consulting, and various other organizations and companies commingle. Bowers is a close associate of BLM co-founder Patrisse Cullors, who resigned from BLMGNF in May 2021 after allegations she misused millions of dollars in donation money. Two mothers who lost their sons to police violence demanded the organization stop using their names to raise funds. You aint done shit, Abdullah said. '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. AmazonSmile suspended the organization from its platform in February 2022, and BLMGNF has removed donation links from its own website. So far neither bill has passed both chambers of Congress. Although that is permissible under Delaware law, where the foundation is incorporated, that governance structure gives the appearance that Cullors alone decided who to hire and how to spend donations. The foundation ended its last fiscal year - from July 1, 2020 to June 30, 2021 - with nearly $42 million in net assets. We gonna cancel her. Garza cut in with a comment seemingly addressed to critics: Yall dont know shit about what it takes to live in a box here.. By submitting your email, you agree to our Terms and Privacy Notice and to receive email correspondence from us. The release of the tax filing, Internal Revenue Service Form 990 for the Black Lives Matter Global Network Foundation, was the first time the group offered an official accounting of its finances. ", 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. Millions were. "For us, getting to do flyovers is a once-in-a-lifetime opportunity," said the member who spoke on the condition of anonymity . I dont need to be accountable to you, she said. Powered and implemented by FactSet Digital Solutions. Cullors founded the Black Lives Matter movement with Garza and Tometi in 2013. By submitting your email, you agree to our Terms and Privacy Policy and to receive email correspondence from us. Get all the stories you need-to-know from the most powerful name in news delivered first thing every morning to your inbox. It was bought with donations made to the Black Lives Matter Global . Cullors, who resigned from BLM last year after it was revealed she amassed a $3.2 million property portfolio, argues that her biggest mistake in regard to her financials was not drawing a salary from the foundation. 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. DeSantis Promises Florida Will Control Disney Content. (Other videos from Cullorss personal YouTube channel also appear to match images of the houses interior shown in real-estate listings.) ', The Toronto property was bought with grant money that was meant for 'activities to educate and support black communities, and to purchase and renovate property for charitable use.'. Trump made the same pledge in 2016, then said he wouldnt honor it. A majority of the funds were saved, the report said, with $8.4 million spent on operational. Privacy Policy and It incurred $8.4 million in operating expenses, distributed $21.7 million in grants to more than 30 organizations, and retained some. 'I think there's a difference between transparency and then protecting security culture in organizations,' she said. The group's lobbying budget for last year accounted for 3.4 percent of the$37 million it spent last year, with the bulk of the funds splashed out on grants, real estate, consultants, and other expenses. "If you go around calling yourself a socialist, you have to ask how much of . BLMGNF did not immediately respond to requests for comment on its leadership or the Examiners report. After accounting for expenses and grant disbursements, the organization. A comprehensive new government study concludes that the illness probably wasnt caused by foreign adversaries. In the summer of 2021, BLM Canada announced that it was purchasing a mansion in Toronto and hoped to establish a Black community hub. ', Death toll keeps rising in Greece's deadliest train crash, Brunt of storm moving out of SoCal, light showers on tap Wednesday, Master Gardener: Touring Rosedown Plantation, Rugged wheelchairs help people with impaired mobility navigate outdoor terrain, FBI director points to Wuhan lab leak as 'likely' origin of COVID-19. The. REVEALED: BLM founder Patrisse Cullors paid her baby father Transcript: Patrisse Cullors on Making Mistakes. The Brutal Layoffs at Twitter Just Keep Coming. https://t.co/rBkOnSjb4u, Jason Whitlock (@WhitlockJason) April 9, 2021, Last October, Cullors agreed to a multi-platform deal with Warner Bros. Television Group, she said in a statement, to help produce content for Black voices who have been historically marginalized.. The tax filing shows that nearly $6 million was spent on a Los Angeles-area compound. Thats a very legitimate critique, says Jacob Harold, a former CEO of GuideStar and the co-founder of Candid, an information service that reports on nonprofits. It also has problems at the state level: The Washington Examiner reported in February 2022 that Californias attorney general told the group it was considered delinquent. 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. ", BLMGNF's board of directors denied the allegations in a lengthy statement posted to their website Thursday. Black communities are still in ruin,. This article was featured in One Great Story, New Yorks reading recommendation newsletter. The Studio City property, which includes a home with six bedrooms and bathrooms, a swimming pool, a soundstage and office space, was intended as a campus for a black artists fellowship and is currently used for that purpose, the board member said. The foundation told AP that it committed $21.7 million in grant funding to official and unofficial BLM chapters, as well as 30 Black-led local organizations. The newly released tax filings showed how Cullors used charity funds to pay her friends and family large sums for various 'consulting' services, as well as charter a private flight. Bowers actions led the foundation into investigations by the Internal Revenue Service and various state attorneys general, blazing a path of irreparable harm to BLM in less than eighteen months, the suit claims. As a former leader of the BLM movement, Cullors has taken some heat for these visible markers of financial success. Ms. She resigned last year. 60 million was unaccounted for. The issue is that these businesses qualify in the first place. SACRAMENTO, Calif. (TND) California's Department of Justice is reportedly warning a Black Lives Matter (BLM) organization it will hold leaders accountable if they fail to provide financial . Patrisse Cullors, one of the founders of Black Lives Matter, stepped down as executive director last May. The statement did not address why, if the house was primarily intended to be a creative space, relatively little content has been produced there over the course of 17 months. With $60 million on hand, the Black Lives Matter Global Network Foundations coffers are overflowing but its unclear who controls all that money, according to a report. Patrisse Cullors admitted to making mistakes with the $90M in 'white guilt money' that Black Lives Matter received after George Floyd's murder in 2020 She claims the charity was not prepared to. This included grants of $2.3 million to the non-profit organization Living Through Giving Foundation, $1.4 million to The Michael O.D. In the fall of 2020, ten city chapters issued a public statement rebuking the global network for its opacity, and the families of some Black victims of police violence have complained that they have seen little of the funds that have flowed to the movements most visible facet. A lawsuit filed on behalf of 26 grassroots Black Lives Matter (BLM) chapters last week alleged that the leader of the national organization siphoned $10 million in charitable contributions to. I'm gonna leave. BLMGNF said it had raised more than $90 million in 2020. The credibility of the entire movement is at stake based on these choices, for better or worse., But he added, They deserve a little grace here. I feel like Im really thriving., Update: After this article was published, a spokesperson for Khan said in a statement, Janaya Future Khan has no knowledge of this house and has never had access to the financials of BLM. The size of the acquisition could expose the group to criticism. While I was in it, I was in survival mode. She was referring to an April 2021 article in the New York Post that revealed her purchase of four homes for nearly $3 million. At that time, the group said that it spent $8.4 million on operating expenses while disbursing $21.7 million in grants to about 30 organizations and to 11 Black Lives Matter chapters around the country. On operational organizations, ' she said father Transcript: Patrisse Cullors, one of the BLM movement Cullors! Has passed both chambers of Congress organization Living Through Giving Foundation, $ 1.4 to. Has removed donation links from its platform in February 2022, and Black Lives Matter Global how. 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In real-estate listings. said He wouldnt honor it to be accountable to you, said.

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