Posted on 04/20/2022 5:24:58 AM PDT by Rummyfan
I wrote here about the fact that the umbrella Black Lives Matter organization, the Black Lives Matter Global Network Foundation, is a fraud. It collected $90 million, largely from panicked corporations, and no one knows what happened to the money, except that a lot of it was spent on luxury real estate purchases and other perks for the organization’s leaders.
But the truth turns out to be even worse than that. BLM co-founder Patrisse Cullors has said publicly that the organization did not even attempt to function as a legal entity. First, a little background: every 501(c)(3) organization, of which there are hundreds of thousands, is required to file a Form 990 with the IRS every year. The form includes basic information about the organization, like how much money it brought in, what projects it spent the money on, and how much the principals were paid. This is a totally routine obligation of which everyone in the nonprofit world is well aware.
Except, apparently, the people who ran BLMGNF:
The embattled activist [Black Lives Matter co-founder Patrisse Cullors], who is facing renewed criticism following reports BLM Global Network Foundation, while under her control, purchased a $6 million Los Angeles mansion, said she gets triggered whenever she hears the term IRS Form 990, the document charities are required to file to the public every year disclosing their financial activities.
(Excerpt) Read more at powerlineblog.com ...
Only idiots didn’t see that one coming from a mile away....
The whole race pimp biz has always been a massive fraud. The greatest pimp of all time was that bastard LBJ.
Murderers too.
If you follow cults that turn into religious groups and their financial plans/chaos....BLM tends to follow along the same path. Would beg the question who got into the original BLM design pattern and if they had some past cult experience.
Form 990 is white supremacy.
.
“...and no one knows what happened to the money...”
~~~
A lot of it is used for cryptic meetings to organize and pay for social agitation and inducing anarchy. I would imagine it’s not cheap to maintain a (inter?)national network of people to swoop in and stir the pot any time you want to attack law enforcement.
I’ve got to get on the bottom floor of the next scam. There’s a sucker born every day.
Ah yes. BLM.
The power of extortion and blackmail. It works so well on so many levels. From the ethnic mobs of the early 20th century to the BLM type ethnic mobs of today using the same business model.
“Pay up or .................”
Oh, we KNOW what happened to the money.
As with every single Leftist thing like this, it gets siphoned off at every stage into the pockets of people ranging from a Leftist President, Leftist Congress Members, all the way down to privileged trusted (or even un-trusted ones who take it for themselves) corrupt Leftist (is there any other kind) peons at the grass roots level, depending on how they want to disperse the booty.
This is how people like Biden, Pelosi, and Feinstein can amass tens of millions of dollars of personal wealth on the salary of “civil servants”, and how corrupt, race-baiting Leftist shysters (are there any other kind of Leftists) such as Alicia Garza, Patrisse Cullors, and Opal Tomet can buy multi-million dollar mansions.
The money for these things comes from stupid idiots, travels along a supply pipe with holes, and money is extracted from every single hole along the way by Corrupticrats who want some of it.
BLM has always been about the cunning preying on the stupid braindead, low self esteem masses. Blacks filled with hate, and Fat white women most men wouldnt give a second glance at trying to get with the only men who will pay attention to them. Black men who will bang ‘em. And leave them for the next black man to pick up for a few weeks.
If BLM founders were going to divert contributions into real estate investments, they could have at least invested in section 8 housing. They would at least have a ready made plea for leniency at sentencing for criminal fraud that their theft unintentionally benefitted others as well.
BLM = Bring Lotsa Money
Back in the 80s, I read “Bonfire of the Vanities” by Tom Wolfe. I have to say it was a very prophetic book — Wolfe did a great job predicting how race would be used to twist the American psyche. One of the characters in the book, Reverend Bacon, is the stereotypical race pimp and must have been used as a model by Al Sharpton.
If BLM were a tea party organization Lois Lerner would have their “leaders” in jail by now.
BLM has always been about the cunning preying on the stupid braindead, low self esteem masses.
Of course, the policies that BLM advocated actually cost more black lives. But to Libs it’s always been the intention that counts, not the actual outcome.
Created by the Biggest Fraud ever , Obama
The above is true not just for BLM, but for ALL left-leaning non-profits (which is probably 90% of them). Being a non-profit just means they have to spend ALL their money by any means necessary. Further, many companies are coerced into contributing to the NP>
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