Black Lives Matter: More Wealthy Then Most of Africa

[Husky_Khan]

In a manner of speaking anyways...

Companies and corporations pledged or contributed an astonishing $82.9 billion to the BLM movement and related causes. This includes more than $123 million to the BLM parent organizations directly. These figures, while shocking, likely underrepresent the true magnitude of the shakedown as some companies failed to make known their contributions, and many BLM organizations remain unknown. As a point of reference, $82.9 billion is more than the GDP of 46 African countries. In 2022, the Ford Motor Company's profits were $23 billion.

Chances are there are billions more that Black Lives Matter organizations and activism managed to Blackmail Whitemail out of Companies in exchange for the benefit of virtue signalling and staving off the fear Black people will cancel them and crush their cracker ass corporations into saltine powder.

Some right wing (fascist White Christian Nationalist?) think tank called The Claremont Institute for the American Way of Life published these findings in a BLM Funding Database they created.

BLM Funding Database - The American Way of Life

If you have questions or additions to the database, please complete the form below.

dc.claremont.org

Sometimers Newsweek breaks out the surprisingly based opinion and commentary articles.

Americans Deserve To Know Who Funded BLM Riots

The radical Left has the means to realize its policy preferences in ways that bypass the democratic political process.

www.newsweek.com

 

[Typhonis]

Either it was given as bribes or they used BLM as a way to launder funds.

 

[Husky_Khan]

I guess now we can see if Black Lives Matter can accrue more debt then most African Nations.

Just some of the illuminating and absolutely neccessary expenses the Black Lives Matter Organization has had to pay for...

Black Lives Matter Global Network Foundation ran an $8.5 million deficit and saw the value of its investment accounts plummet by nearly $10 million in the most recent tax year, financial disclosures show. The group logged a $961,000 loss on a securities sale of $172,000, suggesting the charity weathered a staggering 85 percent loss on the transaction. These troubles didn't stop BLM from doling out seven-figure contracts to friends and family of its former executive director Patrisse Cullors, who once said charity financial disclosures were "triggering" and "deeply unsafe."

It's no surprise that Cullors was so fearful of disclosing Black Lives Matter's finances to the public. The revelations in Black Lives Matter's latest Form 990 show that the group is on the fast track to financial insolvency, and that the excesses of Cullors's tenure have not abated under her chosen successor, Shalomyah Bowers.

The financial losses come after a year of missteps and setbacks for the embattled charity. BLM raised just $9.3 million in its 2022 fiscal year, down 88 percent from its haul the year prior. Black Lives Matter was forced to shut off its online fundraising streams in February 2022 due to compliance and transparency issues in several liberal states. The group has blown through two-thirds of the $90 million it raised in the wake of George Floyd's death in the summer of 2020.

BLM spent about $12 million of those funds on luxury homes in Los Angeles and Toronto. That profligacy did not abate in the 2022 fiscal year, when the charity dropped more than $10.5 million on contractors, much of which went to companies linked to Cullors's friends and family.

Cullors's brother, Paul Cullors, made out especially well. A graffiti artist with no prior experience as a bodyguard, Paul Cullors and his two companies raked in $1.6 million providing "professional security services" for Black Lives Matter in 2022. Paul Cullors was also one of BLM's only two paid employees during the year, collecting a $126,000 salary as "head of security" on top of his consulting fees.

Black Lives Matter disclosed last May it had paid Paul Cullors a comparatively meager $841,000 to protect the charity's swanky $6 million Los Angeles mansion in its 2021 tax year, which Patrisse Cullors used to film herself baking peach cobblers. The charity told the Associated Press it could not entrust its security to the former police officers that staff typical private protection firms.

Founder Patrisse Cullors brother Patrick must be a really good bodyguard if he's being paid over $1.6 million for his Professional Security Services in one year.

Black Lives Matter Hemorrhaged Cash in 2022, Tax Documents Show

Black Lives Matter bled cash and suffered blistering investment losses in 2022, according to a copy of its tax return obtained by the Washington Free Beacon.

freebeacon.com

BLM headed for INSOLVENCY after plunging $8.5M into the red

BLM's Global Network Foundation, which officially emerged in November 2020, is in dire financial straits, according to its most recent financial disclosure.

www.dailymail.co.uk

 

[Typhonis]

*Dons shocked Pikachu face* Tell me it isn't so? Who knew this would happen? Time for an audit.

 

[Jormungandr]

So, about all those "hood" neighbourhoods and areas BLM promised to help...

C'mon, anyone and everyone outside of the anti-White, pro-communist bubble saw this coming.

 

[Emperor Tippy]

Founder Patrisse Cullors brother Patrick must be a really good bodyguard if he's being paid over $1.6 million for his Professional Security Services in one year.

Sigh, idiots. Can't even properly launder charitable funds to yourself.

Take that security. You get an unrelated party to be the Security Services LLC and then you have the LLC lease office space from one of your shells, or subcontract electronic security to your friend for masses of money.

What you absolutely do not do is have a one degree of separation situation. Everything that appears on the "charities" books needs to be clean, or at least clean enough to withstand basic investigation. Every company you contract with needs to have both its ownership and corporate leadership consist of individuals officially unconnected to the people at the charity controlling the funds.

Then you have those corporations, which can get away with keeping their financials entirely black, to pass the funds onto the charities real beneficiaries via sweetheart no show contracts.

 

[Emperor Tippy]

So, about all those "hood" neighbourhoods and areas BLM promised to help...

C'mon, anyone and everyone outside of the anti-White, pro-communist bubble saw this coming.

Hell, that is a fairly easy way to pass through BLM funds to yourself.

Step 1) Have a third party set up an LLC and buy shitty real estate in the "hood" for basically dirt cheap.

Step 2) Have BLM establish a charitable program to pay for improvements to shitty "hood real estate.

Step 3) Be the recipient of the BLM charity in a "fair" selection process and use the funds to fix up the real estate. Probably skimming a substantial amount off via the construction work.

Step 4) Get the value of your shitty real estate appraised higher thanks to all the BLM funded work you put into it. Take out a loan to extract equity from the real estate.

---
Basically, BLM funds a few million dollars worth of improvements to a shitty apartment building and then you go to the bank to extract fifty to seventy percent of what BLM put in out as a loan secured against the building.

Then the owners of Shitty Apartments R US take the loan money and hire the BLM people for a speaking engagement, and to "consult on racial justice issues" with a fee that just happens to be their cut of the laundry operation.

It's absolutely fraud, but if you are remotely smart about it it is basically impossible to prove. Especially from the outside.

 

[Typhonis]

Hell, that is a fairly easy way to pass through BLM funds to yourself.

Step 1) Have a third party set up an LLC and buy shitty real estate in the "hood" for basically dirt cheap.

Step 2) Have BLM establish a charitable program to pay for improvements to shitty "hood real estate.

Step 3) Be the recipient of the BLM charity in a "fair" selection process and use the funds to fix up the real estate. Probably skimming a substantial amount off via the construction work.

Step 4) Get the value of your shitty real estate appraised higher thanks to all the BLM funded work you put into it. Take out a loan to extract equity from the real estate.

---
Basically, BLM funds a few million dollars worth of improvements to a shitty apartment building and then you go to the bank to extract fifty to seventy percent of what BLM put in out as a loan secured against the building.

Then the owners of Shitty Apartments R US take the loan money and hire the BLM people for a speaking engagement, and to "consult on racial justice issues" with a fee that just happens to be their cut of the laundry operation.

It's absolutely fraud, but if you are remotely smart about it it is basically impossible to prove. Especially from the outside.

Especially if you pay your taxes on the money.

 

[Cherico]

We would all be better off if that money had gone to Africa instead of BLM.

 

[Jormungandr]

We would all be better off if that money had gone to Africa instead of BLM.

And given we all know where most of the aid actually ends up, that's saying something.

 

[Jormungandr]

Based old dude pisses on BLM, the "REPARATIONZ NOW!" morons, and the Democrats with the truth.

 

[Cherico]

Based old dude pisses on BLM, the "REPARATIONZ NOW!" morons, and the Democrats with the truth.

Like I said earlier your seeing more and more voices in the black community speaking out, you see more and more people waking up. Its going to be a long ass painful process but I honestly think the community is going to turn around and rebuild itself.

 

[Jormungandr]

Like I said earlier your seeing more and more voices in the black community speaking out, you see more and more people waking up. Its going to be a long ass painful process but I honestly think the community is going to turn around and rebuild itself.

Unless the boiling point is reached first and we begin to see massive anti-Black racism becoming the norm again. Remember, the Black community as a whole doesn't live in a vacuum, and their being racist and abusive cunts to other ethnicities? Yeah, that's coming home to roost sooner rather than later.

 

[Cherico]

Unless the boiling point is reached first and we begin to see massive anti-Black racism becoming the norm again. Remember, the Black community as a whole doesn't live in a vacuum, and their being racist and abusive cunts to other ethnicities? Yeah, that's coming home to roost sooner rather than later.

That might just accelerate the process actually.

Black people are not stupid, and I can very well see the community handing over its worst elements to save themselves.

 

[Jormungandr]

That might just accelerate the process actually.

Black people are not stupid, and I can very well see the community handing over its worst elements to save themselves.

And they'd still be targets due to being painted with the same brush, sadly enough -- just like normal people who aren't hetero are now painted with the same brush as Groomers United.

Because of everything that's happened, people now stereotypically view Blacks with suspicion first. And after Portland and the growing insanity? I don't blame them, to be honest.

I've posted that paraphrased 4chan quote numerous times, so I don't need to post it again, but it still holds up.