Where BLM’s $970k PAYMENT Went Is Worse Than We Ever Imagined
(RightWing.org) – Three female organizers founded the Black Lives Matter Global Network Foundation (BLMGNF) to serve as a network for activists working within the greater Black Lives Matter (BLM) movement. Co-founder Patrisse Cullors started centralizing operations and consolidating power in 2020, naming herself the organization’s executive director along the way. A recent report details some of her apparent financial abuses, including a $970K payment to the father of her child for so-called creative services.
On May 17, the Associated Press (AP) published a stunning exposé detailing a 63-page tax document filed with the IRS by BLMGNF officials. In addition, the group reported it received $90 million in donations in 2020 and ended its last fiscal year on June 30, 2021, with net assets totaling $42 million.
It has been revealed that Patrisse Cullors, the former executive director of Black Lives Matter, paid her baby daddy almost $1 million from the nonprofit. #BLM also paid her brother over $840k. Other BLM purchases revealed recently include two mansions. https://t.co/W4PwlA0GpD
— Andy Ngô 🏳️🌈 (@MrAndyNgo) May 18, 2022
So, what happened to the remaining $48 million and money carried over from the previous year?
According to the AP, BLMGNF invested roughly $32 million in stocks. The group also spent nearly $6 million on a Studio City, California (think Hollywood) compound, including a six-bedroom house, swimming pool, a soundstage, and other luxurious trappings.
Additionally, BLMGNF paid almost $970K to Trap Heals LLC, a Los Angeles-based cultural firm founded by Damon Turner, the father of a child with Cullors. According to BLMGNF’s Form 990, Trap Heals received the money for providing creative services and producing live events.
Likewise, BLMGNF also paid out more than $840K to a security firm named Cullors Protection LLC, run by none other than Patrisse Cullors’ older brother Paul Cullors. The organization reportedly used the money to pay for “professionаl security services.”
What do you think about BLMGNF’s financial management? Is something fishy happening with this 501(c)(3) nonprofit’s payouts?
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