by Chris Black
Wow, I am shocked.
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New York Post:
Black Lives Matter co-founder Patrisse Cullors used charity funds to pay her brother and child’s father eye-watering sums of cash for various services, according to tax documents filed with the IRS.
The co-founder’s brother, Paul Cullors, saw a cool sum of $840,000 hit his bank account for allegedly providing security services to the nonprofit organization, tax documents seen by The Post show.
Meanwhile, the organization paid a company owned by Damon Turner, with whom Cullors shares a child, almost $970,000 to help “produce live events” as well as other “creative services.”
On top of the controversy, BLM wrapped up its fiscal year — which runs from July 1, 2020, to June 30, 2021 — with a stunning $42 million in net assets.
The foundation had an operating budget of about $4 million, according to a board member.
More than $37 million was spent by the foundation on grants, real estate, and charter on private flights, according to the tax filings.
What’s more, $32 million was invested in stocks, making up nearly a third of the $90 million the organization received in donations.
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