BLM group raked in $90MILLION in donations last year

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  • rayg
    Senior Member
    • Aug 2009
    • 7444

    #1

    BLM group raked in $90MILLION in donations last year

    BLM group raked in $90MILLION in donations last year

    It's money making cause!

    BLM group raked in $90MILLION in donations last year: Leaders disclose finances for the first time - but angry local chapters say they are not being given any of the money
    Black Lives Matter Global Network Foundation is now building infrastructure to catch up to the speed of its funding

    BLM plans to use its endowment to become known for more than protests

    BLM co-founder Patrisse Cullors said the foundation is focused on a 'need to reinvest into black communities'

    The foundation said it committed $21.7million in grant funding to official and unofficial BLM chapters, as well as 30 black-led local organizations and It ended 2020 with a balance of more than $60million, after spending nearly a quarter of its assets on the grant funds and other charitable giving

    https://www.dailymail.co.uk/news/art...-finances.html
  • JB White
    Senior Member
    • Aug 2009
    • 13371

    #2
    Good work on their part. Not only can they fund their demonstrations, but they can pay off the candyassed politicians who want the votes in spite of fearing them.
    2016 Chicago Cubs. MLB Champions!


    **Never quite as old as the other old farts**

    Comment

    • Johnny P
      Senior Member
      • Aug 2009
      • 6259

      #3
      By the time that money gets sifted down through the tiers of grifters there won't be anything for the people that need it.

      Comment

      • Vern Humphrey
        Administrator - OFC
        • Aug 2009
        • 15875

        #4
        Originally posted by Johnny P
        By the time that money gets sifted down through the tiers of grifters there won't be anything for the people that need it.
        It's like charity. Pull the 990 on any charity you like, and look at the grants they give. Charity A gives a grant to Charity B, who gives a grant to Charity C, and so on.

        It's like a lump of ice passing from one red-hot hand to another -- by the time it gets to the intended recipient, there's nothing left but a wisp of steam.

        Comment

        • Fred Pillot
          Senior Member
          • Sep 2009
          • 448

          #5
          That's the kind of money it takes to fund a true terrorist group. Plenty of money left over for the ups and downs to keep the core in place.
          Fred Pillot
          Captain
          San Jose Zouaves
          1876

          Comment

          • Roadkingtrax
            Senior Member
            • Feb 2010
            • 7835

            #6
            Originally posted by Fred Pillot
            That's the kind of money it takes to fund a true terrorist group. Plenty of money left over for the ups and downs to keep the core in place.
            Why are you being terrorized by BLM?
            "The first gun that was fired at Fort Sumter sounded the death-knell of slavery. They who fired it were the greatest practical abolitionists this nation has produced." ~BG D. Ullman

            Comment

            • m1ashooter
              Senior Member
              • May 2011
              • 3220

              #7
              Wonder how much the administrations costs are?
              To Error Is Human To Forgive Is Not SAC Policy

              Comment

              • Vern Humphrey
                Administrator - OFC
                • Aug 2009
                • 15875

                #8
                Originally posted by m1ashooter
                Wonder how much the administrations costs are?
                Go to their website and look at their 990 form.

                Comment

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