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Not as earth shaking news as the war but still interesting news!
EXCLUSIVE: Black Lives Matter blew $12.7million of the $60million in donations it received in 2020 on consultants and lawyers - including high-power legal firm retained by Hillary Clinton during her failed campaign - IRS filings reveal
The Black Lives Matter Global Network Foundation blew $12.7M of its 2020 donations on 'professional fees', documents obtained by DailyMail.com reveal
According to IRS filings nearly a quarter of the $60M BLMGNF raised by August 2020 was spent on accountants, legal services, contractors, and consultants
The foundation also reported it expected to spend the same amount on such costs in 2021
The figures were included in its IRS Form 1023 filing, which is required to apply for nonprofit status. BLMGNF was recognized as a nonprofit in December 2020
However, earlier this month it was revealed BLMGNF has not provided its latest tax return, and the 2019 filing has a non-existent address
BLMGNF released a snapshot of its finances last February revealing it raked in $90M in 2020 and ended the year with a balance of more than $60M
The charity, which is now in delinquent status, hasn't had anyone in charge of its finances since co-founder Patrisse Cullors resigned last May
https://www.dailymail.co.uk/news/art...ents-show.html
EXCLUSIVE: Black Lives Matter blew $12.7million of the $60million in donations it received in 2020 on consultants and lawyers - including high-power legal firm retained by Hillary Clinton during her failed campaign - IRS filings reveal
The Black Lives Matter Global Network Foundation blew $12.7M of its 2020 donations on 'professional fees', documents obtained by DailyMail.com reveal
According to IRS filings nearly a quarter of the $60M BLMGNF raised by August 2020 was spent on accountants, legal services, contractors, and consultants
The foundation also reported it expected to spend the same amount on such costs in 2021
The figures were included in its IRS Form 1023 filing, which is required to apply for nonprofit status. BLMGNF was recognized as a nonprofit in December 2020
However, earlier this month it was revealed BLMGNF has not provided its latest tax return, and the 2019 filing has a non-existent address
BLMGNF released a snapshot of its finances last February revealing it raked in $90M in 2020 and ended the year with a balance of more than $60M
The charity, which is now in delinquent status, hasn't had anyone in charge of its finances since co-founder Patrisse Cullors resigned last May
https://www.dailymail.co.uk/news/art...ents-show.html