blm $90 million dollars stolen

An all-woman crew wasn't always the plan, with a handful of men picked and "very, very excited" for the flyover before they were abruptly told they were being replaced, an aircrew member told Fox News Digital. One conversation from June 2021 after Cullors announced her resignation concerns her assistant confronting a man who had been found snooping around the premises. 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. Its an example of how Cullors acted as both the head of BLMGNF and cultivated a lucrative public profile at the same time; when she quit the organization, she said it was to focus on media deals shed signed with a book publisher and Warner Bros. (A lawyer for Cullors declined to comment on the record.). 'We bought it in the middle of the pandemic. Theyre trying to right the ship. We are no longer a small, scrappy movement. Fellow BLM directorShalomyah Bowers was paid more than $2.1 million for providing operational support. Black Lives Matter became a rallying cry in the wake of several high-profile killings of black Americans at the hands of police. She paid the foundation an additional $390 over her uses of the 6,500 square-foot Studio City property for two private events. The tax filing shows property worth $5.9 million, held by a Delaware company. Black Lives Matter has come under fiscal scrutiny since 2020, when the group received $90 million in donations amid protests following the murder of George Floyd by Minneapolis police. Market data provided by Factset. or redistributed. Its extremely important to have transparency and good governance at any organization with this level of global fame, said Mr. Hansford, who is also executive director of the Thurgood Marshall Civil Rights Center. The house was not mentioned. To be abundantly clear, as a registered 501c3, BLMGNF cannot and did not commit any organizational resources toward the purchase of personal property by any employee or volunteer. After accounting for expenses and grant disbursements, the organization. She also addressed allegations that she personally benefited from the foundation's purchase of the $6 million California property, whichwas intended to be a 'media creation space' for BLM, a campus for a black artists fellowship and a home for activists. The suit, filed by Black Lives Matter Grassroots, was light on details of the alleged theft of funds, but delved into the fissures within the network of Black Lives Matter groups, charting changes in leadership and power that left Bowers with tight control of the organization. The demand came after an exclusive report from the Associated Press that revealed BLM Global Network raised more than $90 million in 2020. She explains the press to the president, preaches Twitter-is-not-real-life, and keeps the West Wing from leaking. Two BLM Toronto organizers released a resignation letter expressing their frustrations. According to the New York Post, by the end of 2020 the group had 'an approximate balance of $60million' after. She said that will be the main point she and Sirhan will make to the board, again. The foundation ended its last fiscal year - from July 1, 2020 to June 30, 2021 - with nearly $42 million in net assets. Black Lives Matter (BLM) was more than just a hashtagit was an entire movement for racial equality, criminal justice reform, and police accountability. Mutual Fund and ETF data provided by Refinitiv Lipper. BLMGNF received backlash following the purchase, including from some of the organization's supporters. Also raising eyebrows was the fact that during the last fiscal year, Cullors was the foundation board's sole voting director and held no board meetings, according to the filing. Their unwillingness to demand accountability and transparency of Black Lives Matter Global Network Foundation, a $90 million organization that publicly promised social justice to its millions. They deserve to have equal compensation. 60 million was unaccounted for. She did not discuss the purchase of the Toronto property during her MSNBC interview, but say 'having real estate is very valuable for an institution. Imagine you have the equivalent of a cruise ship with no one at the helm, you have a massive organization, massive amounts of money, no structure, no accountability, no staff, said Ashley Yates, a St. Louis-born activist who was involved with Black Lives Matter nationally in its early years but has since spoken critically about lack of transparency within the group. Theyve attempted to say and Im just gonna say it She bought some damn houses. Cullors later stepped down amid allegations of financial impropriety, which she denies. Cullors founded the Black Lives Matter movement with Garza and Tometi in 2013. (Francine Orr/ Los Angeles Times via Getty Images), BLM facing scrutiny after tax documents allege donations were given to family members, investigated by the Internal Revenue Service. The 2021 revelations about home purchases created tensions over finances within the decentralized movement,. I dont need to be accountable to you, she said. That scandal was made up by a website that calls itself satirical. Black communities are still in ruin,. All rights reserved. He said that investigations by state and federal agencies could be warranted. But just three years into existence, Cullors was the only movement founder involved in the organization. Because the right-wing media doesn't have any sense or care for people's security or safety. Bowers was named as one of three members of BLM's board of directors earlier this month. Bowers, who also serves as BLMGNFs deputy executive director, has in the past overseen payments to Trap Heals from entities that Cullors leads, including an $86,000 fee from a nonprofit called Reform LA Jails and a nearly $150,000 fee from the Black Lives Matter Political Action Committee. (Other videos from Cullorss personal YouTube channel also appear to match images of the houses interior shown in real-estate listings.) 'This 990 reveals that (the BLM foundation) is the largest black abolitionist nonprofit organization that has ever existed in the nation's history. They have never received payment for any work done for BLM. 'And I think one of the things that I've been thinking about in this last year specifically is how do you make mistakes in public without being crucified for them. A report from the Tribune in California. 'This was an investment,' she stated. Nonprofit experts say that any apparent intermingling of resources among BLMGNF, Cullors, and outside entities might jeopardize the charitys tax-exempt status. In particular, her decision to buy a million-dollar home in the Topanga Canyon area drew scrutiny. 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. 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. Get all the stories you need-to-know from the most powerful name in news delivered first thing every morning to your inbox. 'Some of my mistakes are being weaponized against me and also the entire movement, and that's truly disappointing to see us fall into that as well.'. The form covers the fiscal year that ended June 30, 2021, nearly a year ago. Kate Bedingfield, Bidens Translator, Leaves the White House. The foundation widely seen as a steward of the Black Lives Matter movement says it took in just over $90 million last year, according to a financial snapshot shared exclusively with the. BLM's disclosure filing revealed that nearly $26million, or 70 percent of its expenses, were grants to organizations and families in the last fiscal year. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Thanks for contacting us. "They found him suitable for release last time and nothing has changed," Berry said. Black Lives Matter activists accuse executive of stealing $10 million in donor funds Organizers allege in a lawsuit that Shalomyah Bowers put the organization's finances in his "personal piggy. Brown Sr. said he and his advocacy group have been short-changed by the larger BLM organization. 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. The Post report sparked debate on social media among BLM supporters and critics of Cullors. The foundation will launch a 'transparency and accountability center' on its website to make its financial documents available for public inspection, Bowers added. The global foundation told the AP that $21.7 million was earmarked for grants to official and unofficial BLM chapters around the country, in addition to 30 black-led groups. That couldn't be further from the truth. You aint done shit, Abdullah said. All Black activists know the fear these malicious and serious actions are meant to instill: the fear of being silenced, the trauma of being targeted, the torture of feeling ones family is exposed to danger just for speaking out against unjust systems. Disclosures found that the foundation paid $6 million for a Los Angeles compound in 2020. Despite the strength of our movement, this has yet to happen. The documents also show how Cullors used charity funds to pay her friends and family large sums for various 'consulting' services, as well as charter a private flight. The U.S. Is Choosing Child Labor Over More Immigration. 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. 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. House members are seen during the vote, Trump was impeached by the House for a second time on January 13, 2021, a week before his term expired. 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. The foundation also paid nearly $140,000 in severance to a former managing director who had been at odds with local BLM chapter organizers, prior to Cullors' tenure as director. After Raising $90 Million in 2020, Black Lives Matter Has $42 Million in Assets The organization offered the first official accounting of its finances recently, disclosing a filing to the. The organization filed its first public IRS 990 tax form in 2022 and was criticized by some for buying a $6-million Studio City compound. Published: 19:13 EST, 18 May 2022 | Updated: 01:58 EST, 20 May 2022, A former Black Lives Matter leader admitted the charity was not prepared to handle such a large influx of what she called 'white guilt money' donated after the murder of George Floyd- and argues mistakes made with the funds are now being 'weaponized against her.'. We've received your submission. Two weeks later, a man named Dyane Pascall purchased the seven-bedroom house that would become known as Campus. 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A Massachusetts woman who accidentally tossed out a $1 million lottery ticket eventually collected her winnings thanks to the kindness and honesty of the owners of the convenience store where she . ', The BLM movement first emerged in 2013. In 2021, the foundation released its own report, not a mandatory federal tax filing but a voluntary accounting of its funds, in which it said that it raised $90 million in 2020, with the average donation being $30.64. 2023 Vox Media, LLC. However, current board members allege that was never the truth. We knew that it needed some repairs, and it needed fixing, and that it would need to be shared,' Cullors explained. The size of the acquisition could expose the group to criticism. Black Lives Matter Grassroots (BLMGR), a nonprofit that serves as the umbrella group for local BLM chapters nationwide, claimed in the lawsuit filed in Los Angeles County Superior Court that Shalomyah Bowers, the leader of Black Lives Matter Global Network Foundation (BLMGNF), defrauded the local chapters for "unjust enrichment" and used their funds as his "personal piggy bank.". Jon Brown is a writer for Fox News Digital. A majority of the funds were saved, the report said, with $8.4 million spent on operational. That's a choice, bro. The BLM movement first emerged in 2013, after the acquittal of George Zimmerman, the neighborhood watch volunteer who killed 17-year-old Trayvon Martin in Florida. When Cullors revealed the windfall of donations last year, local chapter organizers and families of police brutality victims reacted angrily. The USA must go from the current 330 million to 220 million by the year 2040. is wishing that we could have paused for one to two years, to just not do any work and just focus on the infrastructure, she said in the interview. BLM's national organizationspent more than $1.2 million lobbying members of Congress last year, tax filings show. All rights reserved. 2023 FOX News Network, LLC. Soon after, The Post reported that Kahn-Cullorswent on a real estate buying binge. 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. This story has been shared 129,654 times. As a subscriber, you have 10 gift articles to give each month. Two paid staff members would rarely be enough to manage a $90 million organization. In 1978 the very same year some team beat the Los Angeles Dodgers in the World Series the population of the USA was 220 million. Conservative-media outlets later reported that public-property records indicated the transaction involved a transfer of approximately $6.3 million to a Canadian nonprofit, M4BJ, that was established in part by Janaya Khan, who was born in Toronto. Do Not Sell or Share My Personal Information. Shalomyah Bowers, left, Cicley Gay, center, and D'Zhane Parker pose for a portrait on May 13, 2022, in Atlanta. Thanks for contacting us. It creates the impression that money donated to the cause of racial justice has been spent in ways that benefit the leaders of Black Lives Matter personally. Black Lives Matter Global Network Foundation is an administrative organization that raises funds to distribute to Black Lives Matter Grassroots, the umbrella organization for local chapters of the group. 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. Market data provided by Factset. The foundations finances have been subjected to criticism both from participants in the Black Lives Matter movement and from their opponents. The memo notes: Holes in security story: Use in public YT videos.. 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. It incurred $8.4 million in operating expenses, distributed $21.7 million in grants to more than 30 organizations, and retained some. For me, the hardest moments have been the right-wing-media machine just leveraging literally all its weight against me, against our movement, against BLM the organization, Cullors said. The state has a near-total abortion ban, and now activists and GOP officials are fighting an exemption for physician-defined medical emergencies. With $8.4 million in expenses and $21.7 million committed to local chapters, the group ended 2020 with an approximate balance of $60 million, it stated in an impact statement. ', 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. Aside from getting record numbers of feet on the street in demonstrations across the country in the spring and summer of 2020, Black Lives Matter organizers told The Associated Press that it. Im some weeks out now from a lot of the noise, so I have more perspective, right? All were purchased in 2020 following the success of the foundation's fundraising campaign, She also owns the above home, valued at $1.4million, which is located in scenic Topanga Canyon. BLMGNF did not immediately respond to requests for comment on its leadership or the Examiners report. The narratives being spread about Patrisse have been generated by right-wing forces intent on reducing the support and influence of a movement that is larger than any one organization. He was acquitted in a Senate trial. The philosophical debate behind the lab-leak question. I think theyve attempted to cancel us, but they have not been successful in canceling us, Abdullah said at another point in the conversation. That impact report didn't land well. Like, here it is, here's what's going on. Millions were. Why hasnt my familys foundation received any assistance from the movement? he asked in a statement last month. The latest financial disclosures come after Cullors had already come under fire for receiving a $120,000 payment - 'consulting fees' - by BLM. This email will be used to sign into all New York sites. 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. The tax filing lists Cullors as an uncompensated founder and executive director. 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. The tax filing does not reveal the foundation's largest donors. "If you go around calling yourself a socialist, you have to ask how much of . It had an operating budget of about $4 million. BLMGNF received more than $90million in 2020, the year George Floyd was killed. As a fledgling nonprofit, it had been under the fiscal sponsorship of a well-established charity, and wasnt required to publicly disclose its financials until it became an independent, 501(c)(3) nonprofit in December 2020. Documents, emails, and other communications Ive seen about the luxury propertys purchase and day-to-day operation suggest that it has been handled in ways that blur, or cross, boundaries between the charity and private companies owned by some of its leaders. In a statement provided to theGrio, Black Lives Matter Global Network responded to concerns regarding Cullors earnings from the organization. They shouldnt be walking around no Black people, no Black communities, he said of the organizations leaders. 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. 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. Arthur Hayes rubbed success in the Feds face and got busted. Thanks to everyone for your support. Both told the Washington Examiner that they never took the job. Additionally, Cullors touched on the calls for transparency within BLM, alleging full disclosure wold put the foundation and its staff in jeopardy. BLM vowed to use the money to be more active. 'You know, contrary to what, you know, has been reported, much of the funding that came in was from individual donors. The maneuver ensured that the ultimate identity of the propertys new owner was not disclosed to the public. Even an appearance of impropriety or mismanagement threatens to deter donors and harm the larger movement for racial equity. This site is protected by reCAPTCHA and the Google Last month, the organization came under fire after it was revealed that BLM received over $90 million in response to the uprisings launched after the deaths of George Floyd, Ahmaud Arbery, Breonna Taylor and others, theGRIO reported. In Tennessee, Even Abortion to Save a Womans Life May Be Illegal. The property includes a home with six bedrooms and bathrooms, a swimming pool, a soundstage, office and garden. Legal Statement. In 2018, she dropped $590,000 for a four-bedroom home in South L.A. Do you even comprehend my take? West's Yeezy shoe business made 1.3 billion dollars in revenue in 2019. The post BLM founder Patrisse Cullors $1.4M home draws criticism, call for investigation appeared first on TheGrio. 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blm $90 million dollars stolen