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Who's in Charge of Black Lives Matter's $60 Million Treasure Chest?
PJ Media ^ | 02/03/2022 | Rick Moran

Posted on 02/03/2022 9:32:16 AM PST by SeekAndFind

CharityWatch Executive Director Laurie Styron commented to New York magazine about Black Lives Matter’s $60 million in cash left over from fundraising in 2020, saying BLM was like a “giant ghost ship full of treasure drifting in the night with no captain, no discernible crew, and no clear direction.”

Indeed, no one — including any of the so-called “leaders” at Black Lives Matter — knows who’s in charge of that money.

Reason.com:

That $90 million is an impressive total. But according to multiple media reports, two-thirds of it—$60 million—remain unspent. What was spent, and how it was spent, also raises serious questions. And then there’s the biggest mystery of all: Who is currently in charge of BLM? No one, it seems, has any idea. The Black Lives Matter Global Network Foundation is, as far as anyone can tell, leaderless. The founders are no longer involved, and the people they supposedly installed to succeed them never actually took the job.

BLM co-founder Patrisse Cullors came under fire for purchasing several homes in California just as the George Floyd protests began to ratchet up. The California real estate market being what it is, the homes cost Cullors several million dollars.

When questions began to be asked, Cullors film flam was exposed.

In a statement, BLM said that all of this was on the up and up: “Patrisse Cullors is the Executive Director of Black Lives Matter Global Network Foundation (BLMGNF). She serves in this role in a volunteer capacity and does not receive a salary or benefits. Patrisse has received a total of $120,000 since the organization’s inception in 2013, for duties such as serving as spokesperson and engaging in political education work. Patrisse did not receive any compensation after 2019.”


(Excerpt) Read more at pjmedia.com ...


TOPICS: Crime/Corruption; Culture/Society; News/Current Events
KEYWORDS: blm; communism; communists; domesticterrorism; donations; money; terroirsts
Like many activists, she used the notoriety she gained from being the public face of the riots and protests to garner a book deal, speaking gigs, and work with a media production company to develop films and TV programs to promote BLM. The avowed Marxist is now a multimillionaire.

But who’s in charge of all that cash she and the other BLM founders left behind? Your guess is as good as mine.

1 posted on 02/03/2022 9:32:16 AM PST by SeekAndFind
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To: SeekAndFind
In May 2021, she announced that her successors would be Makani Themba, chief strategist at Higher Ground Change Strategies, and Monifa Bandele, chief operating officer at Time’s Up Foundation.

But just a few months ago, in September, Themba and Bandele released a curious statement: Neither of them had ever assumed the role. They had not been able to “come to an agreement with the acting leadership council” and had ultimately declined the position.


2 posted on 02/03/2022 9:33:23 AM PST by SeekAndFind
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To: SeekAndFind

Why not call it a “war chest”?


3 posted on 02/03/2022 9:35:44 AM PST by BenLurkin (The above is not a statement of fact. It is either opinion, or satire. Or both.)
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To: SeekAndFind
$1.2 to $1.5 billion that disappeared.

NBC alone gave $100 million.

4 posted on 02/03/2022 9:36:12 AM PST by Deaf Smith (When a Texan takes his chances, chances will be taken tfahat's for sure.)
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To: SeekAndFind

There was an oddly worded statement by the folks who turned down the job....that the money issue just laid there with the departing ‘boss’ wanting them to bless her departure. They all refused to participate.

Somewhere out there....there’s probably $100 million in some Bahamas account.


5 posted on 02/03/2022 9:39:27 AM PST by pepsionice
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To: SeekAndFind

What sixty million? The person in charge of that left a few weeks back and did not leave a forwarding number...(Joke).


6 posted on 02/03/2022 9:44:11 AM PST by silent majority rising ( )
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To: SeekAndFind
I await with baited breath the long, detailed, highly researched articles of investigative journalism that will surely appear in the royal pages of The New York Times and The New Yorker about what happened to BLM's money and who was running the organization when the money that came in during the Trump administration was disbursed.

Surely their courageous reporters will have read David Horowitz's description of what happened to Betty Van Patter, bookkeeper for the Black Panther Party back in in 1974, and gone ahead anyway, and bravely pressed on with their investigative journalism stuff and gotten the story just the same. Their Pulitzer Prizes will surely make them feel better.

7 posted on 02/03/2022 9:52:34 AM PST by Steely Tom ([Voter Fraud] == [Civil War])
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To: SeekAndFind
It's not too different from what happens to tax revenue when Libs are in charge,

8 posted on 02/03/2022 9:53:25 AM PST by BitWielder1 (I'd rather have Unequal Wealth than Equal Poverty.)
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To: BitWielder1
It's not too different from what happens to tax revenue when Libs are in charge,

Accounting is racist.

9 posted on 02/03/2022 9:57:17 AM PST by Steely Tom ([Voter Fraud] == [Civil War])
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To: SeekAndFind

$60 million ? What $60 million ,LOL


10 posted on 02/03/2022 10:02:14 AM PST by butlerweave
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To: SeekAndFind

Who is charge of the money?
I bet if you do a really deep dive, its a couple of white dudes.


11 posted on 02/03/2022 10:13:51 AM PST by TexasM1A
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To: SeekAndFind

If all they do is about it and poof ! it’ll be gone before our very eyes.


12 posted on 02/03/2022 10:44:57 AM PST by stylin19a (I am not fat ! I'm just easier to see.)
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To: stylin19a

cripes....

If all they do is talk about it...


13 posted on 02/03/2022 10:56:00 AM PST by stylin19a (I am not fat ! I'm just easier to see.)
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To: SeekAndFind

As I said in the earlier post. 2 things

1) We don’t know where the money went, we didn’t keep track. Sorry
2) Any attempts to prosecute anyone are racist.


14 posted on 02/03/2022 11:16:42 AM PST by FrankRizzo890
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To: SeekAndFind

BLM! Just another great leftist lie repeated ad nauseam until the public believes it.

ONLY Civilized Lives Matter and Uncivilized lives do not and must not be tolerated on any level.

Civilized Lives includes ALL races, cultures, religions, sexes, occupations, political ideology as long as they behave in a Civilized Manner as defined by society’s laws.

Uncivilized lives must never be allowed to interfere in any way with the day to day lives of Civilized people. Remove them.


15 posted on 02/03/2022 11:50:30 AM PST by Wurlitzer (Nothing says "ignorance" like Islam! 969 )
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To: SeekAndFind

For those not up to speed in the Accounting profession, the term “Accounting Irregularities” means money either embezzlement or stealing (same thing).


16 posted on 02/03/2022 1:39:27 PM PST by BobL (Money is the most important thing in my life.)
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To: SeekAndFind
I suppose in the interest of honesty in advertising, they ought to change their official title to "Black Larceny Matters"?
17 posted on 02/03/2022 2:38:22 PM PST by Gritty (Follow the money in politics, you find the criminals. Is it now true in the medical profession?)
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