US EditionBLM paid execs millions despite being nearly $9M in the red: tax documents
- The Black Lives Matter Global Network Foundation Inc raised just over $9 million in its last fiscal year, significantly less than the $79 million in revenue reported in the previous tax filing.
- The foundation spent more money than it earned in its last fiscal year and cut operating expenses by nearly 55% as the racial justice fundraising environment returned to norms.
- The foundation continued its business relationship with security contractor Paul Cullors, the brother of BLM co-founder Patrisse Cullors, who resigned as foundation director in 2021 amidst accusations of misusing BLM donations.
34 Articles
34 Articles
New Black Lives Matter tax documents show foundation is tightening its belt, has $30M in assets
A national Black Lives Matter nonprofit, whose fortunes grew almost overnight during protests three years ago, raised just over $9 million in its last fiscal year, new IRS tax filings show.
Black Lives Matter Teeters On Bankruptcy As Insider Transactions Continue
Black Lives Matter Teeters On Bankruptcy As Insider Transactions Continue Black Lives Matter finished its latest fiscal year nearly $9 million in the red, even as world's premier race-grifting organization continued shelling out millions to execs and relatives of co-founder Patrisse Cullors, according to new tax documents posted last week and first reported by the Washington Free Beacon. The Black Lives Matter Global Network Foundation spent d…
New Black Lives Matter tax documents show foundation is tightening its belt, has $30M in assets
NEW YORK (AP) — A national Black Lives Matter nonprofit, whose philanthropic fortunes grew almost overnight during historic racial justice protests three years ago, raised just over $9 million in its last fiscal year, new IRS tax filings show. That’s significantly less than the $79 million in revenue reported in a previous tax filing of […]
New Black Lives Matter tax documents show foundation is tightening its belt, has $30M in assets
NEW YORK (AP) — A national Black Lives Matter nonprofit, whose philanthropic fortunes grew almost overnight during historic racial justice protests three years ago, raised just over $9 million in its last fiscal year, new IRS tax filings show. That’s significantly less than the $79 million in revenue reported in a previous tax filing of Black Lives Matter Global Network Foundation Inc. On Friday, the foundation said it expected that would be the…
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