Near Bankrupt BLM is (B)leeding (L)ots of (M)oney (Into the Pockets of Board Members)

by
Steve MacDonald

The left built a movement on top of George Floyd’s dead body, then terrorized a nation to fund it. That worked. A handful of people became very wealthy. Democrat campaigns got flush with cash in an election year. And many black people discovered their lives didn’t matter to BLM.

All in the name of a career criminal who overdosed and died in police custody. That’s not the fairy tale we were told. It didn’t check any boxes on the left’s bucket list. Burning minority neighborhoods, local insurrections, illegal seizure and theft of property, arson, assault, rape, and murder, were all checked. And the Democrats who supported or aided and abetted the lawlessness tripped over themselves to defund local police in its name.

Crime skyrocketed in minority neighborhoods while local BLM chapters were still milking Floyd’s corpse. Or, more correctly, the mythology with which they’ve surrounded it, but global BLM has fallen off a financial cliff.

 

Black Lives Matter Global Network Foundation ran an $8.5 million deficit and saw the value of its investment accounts plummet by nearly $10 million in the most recent tax year, financial disclosures show. The group logged a $961,000 loss on a securities sale of $172,000, suggesting the charity weathered a staggering 85 percent loss on the transaction. These troubles didn’t stop BLM from doling out seven-figure contracts to friends and family of its former executive director Patrisse Cullors, who once said charity financial disclosures were “triggering” and “deeply unsafe.”

 

The Cullors family has been treating BLM the way the Bidens treat everything. Milk it for cash.

 

BLM spent about $12 million of those funds on luxury homes in Los Angeles and Toronto. [and] … dropped more than $10.5 million on contractors, much of which went to companies linked to Cullors’s friends and family.

Cullors’s brother, Paul Cullors, made out especially well. A graffiti artist with no prior experience as a bodyguard, Paul Cullors and his two companies raked in $1.6 million, providing “professional security services” for Black Lives Matter in 2022. Paul Cullors was also one of BLM’s only two paid employees during the year, collecting a $126,000 salary as “head of security” on top of his consulting fees.

Black Lives Matter disclosed last May it had paid Paul Cullors a comparatively meager $841,000 to protect the charity’s swanky $6 million Los Angeles mansion in its 2021 tax year, which Patrisse Cullors used to film herself baking peach cobblers. The charity told the Associated Press it could not entrust its security to the former police officers that staff typical private protection firms.

  • Cullors hand-picked replacement Shalomyah Bowers (Cullors had to scoot over accusations of financial impropriety), collected “$1.7 million for management and consulting services” in the 2022 filing.
  • The sister of former Black Lives Matter board member Raymond Howard brought in a seven-figure consulting fee as well.
  • BLM paid Danielle Edwards’s firm, New Impact Partners, $1.1 million for consulting services in 2022.
  • Black Lives Matter also agreed to pay an additional $600,000 to an unidentified former board member’s consulting firm “in connection with a contract dispute.
  •  Paul Cullors (Patrice’s brother) “raked in $1.6 million providing “professional security services” for Black Lives Matter in 2022, “including $841,000 to protect the charity’s swanky $6 million Los Angeles mansion.”

 

Black Lives Matter Grassroots has sued their Black Money Laundering “parent” for dragging BLM,

 

“…into multiple investigations by the Internal Revenue Service and various state attorney generals,” the lawsuit stated. “Instead of using the donations for its intended purposes, Mr. Bowers diverted these donations to his own coffers and intentionally took calculated steps to prevent those same resources from being used by BLM for on-the-ground movement work.”

 

So, you are saying that a few people used the black community to enrich themselves beyond their wildest dreams? That’s the Democrat party, and you keep voting for them. As for resolution or closure or whatever you seek, Patrice, Shalomyah, Paul, Danielle, Raymond, and whoever else belongs on that list lives somewhere. They work somewhere.

This sounds like something you could resolve with a few peaceful protests.

 

 

HT | The Gateway Pundit

Author

  • Steve MacDonald

    Steve is a long-time New Hampshire resident, blogger, and a member of the Board of directors of The 603 Alliance. He is the owner of Grok Media LLC and the Managing Editor of GraniteGrok.com, a former board member of the Republican Liberty Caucus of New Hampshire, and a past contributor to the Franklin Center for Public Policy.

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