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Black Lives Matter blew $12.7million of the $60million in donations it received in 2020 on consultants and lawyers - including high-power legal firm retained by Hillary Clinton during her failed campaign - IRS filings reveal
[Daily Mail, where America gets its news]
  • The Black Lives Matter Global Network Foundation blew $12.7M of its 2020 donations on 'professional fees', documents obtained by DailyMail.com reveal

  • According to IRS filings nearly a quarter of the $60M BLMGNF raised by August 2020 was spent on accountants, legal services, contractors, and consultants

  • The foundation also reported it expected to spend the same amount on such costs in 2021

  • The figures were included in its IRS Form 1023 filing, which is required to apply for nonprofit status. BLMGNF was recognized as a nonprofit in December 2020

  • However, earlier this month it was revealed BLMGNF has not provided its latest tax return, and the 2019 filing has a non-existent address

  • BLMGNF released a snapshot of its finances last February revealing it raked in $90M in 2020 and ended the year with a balance of more than $60M

  • The charity, which is now in delinquent status, hasn't had anyone in charge of its finances since co-founder Patrisse Cullors resigned last May

Posted by: Skidmark 2022-02-25
http://www.rantburg.com/poparticle.php?ID=625939