BLM co-founder: Charity transparency laws are ‘triggering’
The embattled activist, who is facing renewed criticism following reports BLM Global Network Foundation, while under her control, purchased a $6 million Los Angeles mansion, said she gets triggered whenever she hears the term IRS Form 990, the document charities are required to file to the public every year disclosing their financial activities.
Why triggered? Did you misuse the funds?
“I actually did not know what 990s were before all of this happened,” Cullors said, an apparent reference to the Washington Examiner’s reporting in January about BLM’s lack of financial and leadership transparency that led multiple states, including California, to order the charity to cease raising funds until it discloses what it did with the $90 million it raised in 2020.
They want to know this (and any organization) is not just money laundering, and that the funds raised are ACTAULLY being used for the purpose they were raised for. And not as a personal piggy bank to the co-founders/leaders of said organization.
“This doesn’t seem safe for us, this 990 structure — this nonprofit system structure,” Cullors said. “This is, like, deeply unsafe. This is being literally weaponized against us, against the people we work with.”
And WHOM exactly do you work with? Terrorists? Arsonists? Looters? Criminals?
You are sure not helping the black community, IMO.
Cullors, who left BLM without a leader after she resigned in May 2021 amid scrutiny of her personal real estate purchases…
Because the chances of FRAUD and MISUSE of charity funds is HIGH!
It was said this Cullors was broke before BLM, and now worth millions, owning million dollar homes (plural)!
The $6 million LA mansion BLM purchased in October 2020, just two weeks after the charity received a $66.5 million cash infusion from its former fiscal sponsor, was used in multiple videos on Cullors’s personal YouTube channel, raising concerns from watchdog groups that BLM used nonprofit assets for the private benefit of its leaders.
And that is why TRANSPARANCY is so important. Something Cullors gets triggered over. They don’t want people to follow the money.
They don’t want the public to know the only Black lives that benefitting were the co-founders, and not the black community.
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