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How much of BLM’s massive 2020 fundraising haul goes to ending ‘systemic racism’?
NOQ Report ^ | 02/25/2021 | JD Rucker

Posted on 02/25/2021 7:45:48 AM PST by SeekAndFind

There were two reasons for forming Black Lives Matter eight years ago. The public reason was to fight system racism in law enforcement that the founders believed caused both mass incarceration of young Black males as well as their deaths at the hands of cops. The private reason was to usher in a Neo-Marxist revolution in America.

The only thing that has changed with their private reasoning is that it has been made even more private. They’ve scrubbed their website of many socialist principles that pointed towards their true motivations while trying to scrub various videos from the internet of their founders proclaiming their Neo-Marxist ideology. As for the public reason, it has essentially disappeared other than its one effective purpose: fundraising.

In 2020, the international organization raised a whopping $90 million. By comparison, the NRA raised $23 million the year before. But BLM has never published their financial data until now, and in it lies some items that should not only concern Americans opposed to Neo-Marxism, but should also concern their donors. Of the money they’re claim to have spent, none of their tremendous 2020 haul went to programs designed to stop systemic racism in law enforcement.



Under $9 million went to administrative costs such as salaries. Credit should go where credit is due, so it should be noted that being under 10% for administrative and operating expenses is very good. They’ve saved $60 million which is also a positive development for such a young organization. But the other $22 million is very concerning.

It isn’t going towards their stated mission of keeping Black people out of jail and alive. Instead, it’s going to helping Black-owned businesses. On the surface, this seems like a positive as well, but when we consider the facts it’s all very sketchy.

First and foremost, their claim that much of that money went to local BLM chapters is contested by actual local BLM chapters. They’ve complained publicly on numerous occasions throughout 2020 and into this year that they’re not seeing the funds they would have expected from their parent organization. If it’s not going to them, then who are the other businesses that are getting the money?

This is where it gets concerning. It is difficult to find any information on BLM contributions to Black-owned businesses. It’s the type of thing that would be promoted by BLM and thoroughly amplified by local and even national press. A donation of a few thousand dollars to help a struggling local business would make the news, but we’re seeing nothing like that at all.

There isn’t enough public information available or data within their report that would allow us to make direct accusations, but it’s a practice among many political organizations to give money to “friendly” businesses. For example, Congresswoman Ilhan Omar was caught funneling $2.8 million of her campaign’s funds to her husband’s failing business.

Neither politicians nor mainstream media will hold BLM accountable. It’s up to American citizens to ask questions and follow the money, especially after their huge paydays. If not to fight systemic racism, how is the money being spent?


TOPICS: Crime/Corruption; Culture/Society; News/Current Events
KEYWORDS: blm; funding; racism

1 posted on 02/25/2021 7:45:48 AM PST by SeekAndFind
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To: SeekAndFind

Noneya. Noneya business. Anyone audit shawn ‘talcumX’ king or patrice culottes yet?


2 posted on 02/25/2021 7:48:11 AM PST by rktman (Destroy America from within? Check! WTH? Enlisted USN 1967 to end up with this?)
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To: SeekAndFind

All of it. By definition. They are BLM. /smirk.


3 posted on 02/25/2021 7:48:44 AM PST by Salman (It's not a "slippery slope" if it was part of the program all along. )
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To: SeekAndFind

None of it.
It was “laundered” and sent to the DNC/Biden campaign.


4 posted on 02/25/2021 7:52:50 AM PST by lgjhn23 (Pray for America....)
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To: SeekAndFind

What they mean by “ending systemic racism” is replacing all Whiteys, after “repurposing” his money.


5 posted on 02/25/2021 7:53:12 AM PST by I want the USA back (The nation is in the grips of incurable hysterical insanity, as usual.)
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To: SeekAndFind
How much of BLM’s massive 2020 fundraising haul goes to ending ‘systemic racism’?
Ending it would end the "massive fundraising".
Why does anyone assume they want to end it?
6 posted on 02/25/2021 8:00:45 AM PST by lewislynn ( There is no evidence of "WIDESPREAD" systemic racism.)
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To: lewislynn

The ultimate race hustlers.


7 posted on 02/25/2021 8:11:35 AM PST by Theophilous Meatyard III
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To: SeekAndFind

Zero. Because systemic racism doesn’t exist, silly.


8 posted on 02/25/2021 8:36:35 AM PST by Boogieman
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To: SeekAndFind

I’m confused. Is it systematic racism when a black calls another black the N word.


9 posted on 02/25/2021 8:39:37 AM PST by jetson (chiwowa)
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To: SeekAndFind
How much of BLM’s massive 2020 fundraising haul goes to ending ‘systemic racism’?

They'll let you know, as soon as they find some to "end"!

10 posted on 02/25/2021 9:25:14 AM PST by JimRed (TERM LIMITS, NOW! Build the Wall Faster! TRUTH is the new HATE SPEECH.)
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To: SeekAndFind
The private reason was to usher in a Neo-Marxist revolution in America.

White liberal 'elites' are paying for a race war to kill off their 'opposition' - also known as traditional Americans. Yeah, it's marxist commie crap but it as real life implications.

11 posted on 02/25/2021 9:31:43 AM PST by GOPJ (Was Jussie Smollett working for "Homeland Security" when he faked his hate crimes?)
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To: SeekAndFind

bkmk


12 posted on 02/25/2021 10:21:38 AM PST by Sergio (An object at rest cannot be stopped! - The Evil Midnight Bomber What Bombs at Midnight)
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To: SeekAndFind

More likely it goes toward enriching BLM’s string pullers.


13 posted on 02/25/2021 2:28:40 PM PST by arthurus ( Wu Han hawn)
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To: SeekAndFind

It went directly to the DNC and their candidates


14 posted on 02/25/2021 3:17:24 PM PST by ronnie raygun
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