Posted on 05/24/2023 2:25:51 PM PDT by grundle
Black Lives Matter is at risk of insolvency after its debt climbed to $8.5 million (£6.8million) while some employees received seven-figure salaries.
Financial disclosures revealed that the investment accounts at BLM’s Global Network Foundation (GNF) plummeted by nearly $10 million in the most recent tax year, according to The Washington Free Beacon.
In the face of mounting debt, BLM GNF continued to hire relatives and friends of its founder on seven-figure contracts, according to the accounts.
BLM co-founder Patrisse Cullors’ brother Paul launched two companies that were paid $1.8 million for providing “professional security services” to the organisation.
In addition, Mr Cullors was also employed as “head of security” at BLM with a salary of £126,000. He was hired despite not having a history of working in the field.
Tax records from 2021 also showed that BLM GNF awarded a company owned by Damon Turner, the father of Ms Cullors’ child, almost $970,000 for helping to “produce live events” and other “creative services”.
The Washington Free Beacon has reported that the group has spent two-thirds of the money it raised following the death of Mr Floyd.
Last year it emerged that around $12 million of those funds were used to purchase luxury homes in Toronto and Los Angeles.
(Excerpt) Read more at yahoo.com ...
Clearly reparations must be made to right this wrong!
👍👍👍👍👍
Grifters......
Rep. Pramila Jayapal (D., Wa.) is suggesting protesting in the streets if there are budget cuts. "Protesting" is code for rioting.
But how are they going to be able to maintain their captivating attention to the most subtle details in their street art murals?
They watched and learned very well from the DemocRATS spending other people’s money. You (individuals and/or corporations) can absolve yourselves of all your conscious and unconscious evil racism by just handing over gobs of $$$. All sins are forgiven.....for now.
The next time they need some more, your evil lifetime of racism will be front and center, until, of course, you fork over more $$$.
Reminds of Yasir Arafat’s PLO scam. Countries all over the world have given billions to ‘the cause.’ Arafat’s wife was living very comfortably in Paris with much of that $$$. The PLO camps saw none of the money, in order to continue blaming ‘the Jews’ for everything. The current PLO chief was Arafat’s banker.
“Reminds of Yasir Arafat’s PLO scam. Countries all over the world have given billions to ‘the cause.’ Arafat’s wife was living very comfortably in Paris with much of that $$$. The PLO camps saw none of the money, in order to continue blaming ‘the Jews’ for everything. The current PLO chief was Arafat’s banker.”
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And JokeBiden gives his bloody “moderate” successors millions which are used for pay-for-slay...
Perhaps they could sell some mansions to shore up their balance sheet...
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