This Is Why Black Lives Matter Thinks Tax Disclosures Are 'Triggering'

[Ubiquitous]

The Black Lives Matter foundation has $42 million in net assets, the
Associated Press reported on Tuesday. The foundation's cofounder, self-
proclaimed Marxist Patrisse Cullors, used the foundation's money to pay
millions of dollars to family members, friends, and the father of her child.

The Black Lives Matter Global Network Foundation in a 990 tax disclosure
obtained by the AP reported that it "invested $32 million in stocks from the
$90 million it received as donations" thanks to the 2020 race protests. It
ended its last fiscal year with $42 million in net assets and has an
operating budget of about $4 million.

Under Cullors's direction, BLM paid out nearly $970,000 to a company owned by
Damon Turner, who has a child with Cullors; more than $840,000 to a security
firm run by Cullors's brother; and more than $2.1 million to a consulting
firm owned by close Cullors associate Shalomyah Bowers. Cullors admitted the
foundation employed her mother and sister as well as her brother.

Cullors this year said just hearing about the 990 disclosure, which all
nonprofits are required to fill out, is "triggering." She said the form is
"being literally weaponized against us" and made her feel "deeply unsafe."

The tax filing, which covers the span from July 1, 2020, to June 30, 2021,
lists Cullors as the board's sole voting director and notes that she held no
board meetings. Cullors resigned last year amid criticisms of her massive
spending sprees, including her purchase of four homes for $3.2 million.

The attorneys general of Indiana and Ohio are already investigating the
foundation's finances, including its use of donor money to buy a $6 million
Los Angeles mansion.

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Let's go Brandon!