For instance...
Bank of America "gave" more than $18 billion.
Actually, Bank of America promised to invest $18 billion (aka - loan $18 billion) in all sorts of racial equity projects over an extended period of time.
Regardless, the actual amount of money being donated to BLM has to be publicly reported and independently audited each year.
I will withhold judgment until I see the BLM 2022 Financial Statement.
Yeah and in the case of BOA, invested in projects, probably means loans. The community reinvestment act requires them to put a portion of the deposits they raise from communities back into those communities. So they get deposits from blacks and some of that money goes back in the forms of loans to various projects in black communities.
That’s a big difference than funding BLM.