Black Lives Matter (BLM) has raked in tens of millions of dollars donations from well-meaning people who believed that they would be helping the black community by giving them their hard-earned cash. However, local BLM chapters who are actually doing work on the ground have complained that they have received less than scraps from the global entity. Now the Golden State wants that money accounted for.
The organization hasn’t been filing its annual reports, it seems, and according to California Attorney General Rob Bonta, BLM leadership could be held personally accountable for outstanding fees or fines. “The organization BLACK LIVES MATTER GLOBAL NETWORK FOUNDATION, INC. is delinquent with The Registry of Charitable Trusts for failing to submit required annual report(s),” he warned in a letter. “An organization that is delinquent, suspended or revoked is not in good standing and is prohibited from engaging in conduct for which registration is required, including soliciting or disbursing charitable funds.”
From The New York Post:
“BLM was given 60 days to file tax and charity documents for 2020 — the year it previously confirmed collecting a staggering $90 million, with at least $60 million left over after expenses and grants.
“That fortune sparked a firestorm from affiliates that say they have never received much-needed financial help, while co-founder Patrisse Kahn-Cullors went on a real estate buying binge.”
If the group fails to file paperwork by the 60-day deadline, it could be stripped of its tax-exempt status and be subject to late fees “for each month or partial month for which the report(s) are delinquent,” according to Bonta.
The attorney general also stressed that BLM would be prohibited from “solicitation or disbursing of charitable assets” while it is still delinquent. “Accordingly, directors, trustees, officers and return preparers responsible for failure to timely file the above-described report(s) are personally liable for payment of all penalties, interest and other costs incurred to restore exempt status,” he cautioned.
The letter did not name the leaders of BLM by name, and it isn’t quite clear who is actually in charge of the group’s operations. From The Washington Examiner:
“While a charity’s finances are ultimately the responsibility of its board of directors, BLM’s bylaws explicitly state that its executive director “shall have charge of all funds and securities of the Corporation.”
“The two remaining BLM board members, Shalomyah Bowers and Raymond Howard, did not return numerous requests for comment asking who has been in charge of BLM and its money since Cullors left the charity in May.”
The report notes that Makani Themba and Monifa Bandele, who were set to take over leadership of the organization after Patrisse Cullors resigned, never took the positions due to conflicts with the “acting Leadership Council.” This would mean that Howard and Bowers would supposedly be in charge of BLM.
The world has already seen that the BLM global organization is nothing more than an elaborate far-leftists scam designed to further a so-called progressive agenda. Despite their claims, the group’s activities have more to do with lining people’s pockets than safeguarding black lives. This, more than anything else, is a prime reason why the group is losing popularity and why its downfall seems imminent. The question is: What will rise in its place?
~ Read more from Jeff Charles.