BLM: Mansions, luxury cars, vacations and nepotism cost a lot! Give us more money!

[CaptRenault]

I knew BLM was a fraudulent, corrupt organization from its start. But I didn't think that its founders and their friends could spend themselves into bankruptcy this fast! Maybe we can blame this on all those elitist, liberal white women who finally took those stupid BLM signs out of their yards.

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

Black Lives Matter's national organization is at risk of going bankrupt after its finances plunged $8.5 million into the red last year - while simultaneously handing multiple staff seven-figure salaries.

Financial disclosures obtained by The Washington Free Beacon show the perilous state of BLM's Global Network Foundation, which officially emerged in November 2020, as a more formal way of structuring the civil rights movement.

Yet despite the financial controversy and scrutiny, BLM GNF continued to hire relatives of the founder, Patrisse Cullors, and several board members.

Cullors' brother, Paul Cullors, set up two companies which were paid $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. He is best known as a graffiti artist, with no background in security.

Patrisse Cullors defended hiring him, saying registered security firms which hired former police officers could not be trusted, given the movement's opposition to police brutality.

For the previous year, 2021, tax filings revealed that BLM paid a company owned by Damon Turner, the father of Cullors' child, nearly $970,000 to help 'produce live events' and provide other 'creative services.'

Cullors resigned in May 2021.

'While Patrisse Cullors was forced to resign due to charges of using BLM's funds for her personal use, it looks like she's still keeping it all in the family,' said Paul Kamenar, an attorney for the National Legal and Policy Center watchdog group.

Shalomyah Bowers, who took over from Cullors when she resigned, also benefitted handsomely from the group: in 2022, his consultancy firm was paid $1.7 million for management and consulting services, the Free Beacon reported.

And the sister of former Black Lives Matter board member Raymond Howard was also employed in a lucrative role as a consultant.

Danielle Edwards's firm, New Impact Partners, was paid $1.1 million for consulting services in 2022, the Free Beacon said.

BLM GNF also agreed to pay an additional $600,000 to an unidentified former board member's consulting firm 'in connection with a contract dispute'.

The non-profit group ran an $8.5 million deficit, and its investment accounts fell in value 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 group sustained an 85 percent loss on the transaction. Further details of that security have not been shared.

And the cash flowing into BLM's coffers has dropped dramatically.

Donations plunged by 88 percent between 2021 and 2022, from $77 million to just $9.3 million for the most recent financial year.

Patrisse Cullors, who had been at the helm of the Black Lives Matter Global Network Foundation for nearly six years, stepped down in May 2021, amid anger at the group's financial decisions and perceived lack of transparency.

A year later, in May 2022, it was revealed Black Lives Matter spent more than $12 million on luxury properties in Los Angeles and in Toronto - including a $6.3 million 10,000-square-foot property in Canada that was purchased as part of a $8M 'out of country grant.'

The Toronto property was bought with grant money that was meant for 'activities to educate and support black communities, and to purchase and renovate property for charitable use.'

The group had said it was planning to use the property as main headquarters in Canada, and it has now been named the Wilseed Center for Arts and Activism.

It emerged that Cullors transferred millions from the organization to a charity run by her wife, Janaya Khan, to purchase the property.

Cullors admitted to AP that her group was ill-equipped to handle the finances of a charity which received $90 million the year after George Floyd was killed - but denied any wrongdoing.

Cullors issued a statement denying she used the $6 million LA property for personal purposes, but then had to backtrack and admit she had used the compound for purposes that were not strictly business.

The activist also amassed a $3 million property portfolio of her own, including homes in LA and Georgia, although there is no suggestion of any financial impropriety.

It is not known if the group paid out lucrative contracting fees to Cullors' friends and family past June 2022, when a new board of directors was brought in.

The board is now led by nonprofit adviser Cicley Gay, who has filed for Chapter 7 bankruptcy three times since 2005.

Gay was ordered by a court to attend financial management lessons, and at the time of her appointment in April 2022 had more than $120,000 in unpaid debt.

She was one of three people appointed to the board, the organization said in a tweet. She subsequently was described as being chair of the board.

She told The New York Times she had been appointed to straighten out the organization's finances, after BLMGFN faced intense scrutiny over its spending of donor cash.

'No one expected the foundation to grow at this pace and to this scale,' said Gay.

'Now, we are taking time to build efficient infrastructure to run the largest Black, abolitionist, philanthropic organization to ever exist in the United States.'

It later emerged that Gay has been declared bankrupt three times, according to federal reports obtained by The New York Post.

Gay, a mother of three, filed for bankruptcy in 2005, 2013 and 2016.

BLMGFN has faced intense questions about its handling of donations, which surged in particular during the George Floyd protests in the summer of 2020.

The organization in February 2021 said it had taken in more than $90 million in 2020 and still had $60 million on hand.

Last year, it was down to $42 million, while the Free Beacon reports BLM has now spent two thirds of the $90 million cash it had to hand.

Cullors, the co-founder of the organization, resigned in May 2021 as director of BLMGNF, amid scrutiny of her own property empire. She has written best-selling books, and has a contract with Warner Brothers to produce content.

Then in April 2022 it emerged that BLMGFN had bought a mansion in Los Angeles for $5.8 million, which they said was to be used as a 'safe space' for activists and for events.

The organization responded to the reports in a lengthy Twitter feed, with the group noting that more 'transparency' was required going forward.

 

[CaptRenault]

I wonder if George Floyd had just got in the police car and went down to the station like he should have done, how many black lives could have been saved? How many businesses would not have been burned down? How many people would have been spared from being harassed in DEI brain washing sessions? And there are lots of other things that would not have happened when the whole country went mad for months after his death.

It’s ironic that this news about BLM comes out on the third anniversary of Floyd’s death. Great job, BLM

 

[CaptRenault]

It isn’t just Black People. Look how quickly Citi Bike Karen has increased her net worth by 100K. Granted her lawyer will get a lot of it.

I don't see the relevance of the "Citibike Karen" incident to the BLM scam other than that the black male teens who surrounded and harassed a white, pregnant nurse are BLM radicals in training. The thugs were trying to steal a bike that the nurse has just paid for. She was not scamming anyone.

She resisted and some idiot started filming the scene and then he put it on YouTube with no context. It blew up online into a racial incident, which was probably the intent of the black males. The YouTuber later issued an apology for his role in misinterpreting what happened and making the nurse look guilty.

But it defies belief that a white female nurse would try to steal a bike from a group of thugs. Seriously?

The nurse was suspended from her job until she hired a lawyer who helped her formulate a response to the insanity of her situation. In public he showed receipts that proved beyond doubt that the nurse had paid for the bike. Sane people realized that the nurse had become embroiled in yet another crazy, manufactured racial incident and they contributed money to a GoFundMe page to pay for her lawyer. Great! She should use the money left over to sue her employer for embarrassing her by initially believing that she was in the wrong.

The nurse was very brave to resist the thugs in the first place. The way such incidents often end up in New York these days is with the person who resists getting violently attacked or killed. Bravo for the nurse, her lawyer and the kind people who contributed to her GoFundMe. Americans are getting sick and tired of crime and the glorification of criminals as victims.

 

[CaptRenault]

Things are going from bad to worse for BLM and its founders.

As noted above, the donations from big companies and liberal white women have stopped flowing and now a media production deal with Warner Brothers has fallen through.

What's a formerly rich and now impoverished BLM leader to do? Well, there's always shoplifting--that's still a pretty good racket, though it certainly doesn't pay as well as the BLM scam!

BLM leader Patrisse Cullors secretly dumped from Warner Bros TV deal

Warner Bros. secretly let her deal lapse last year with no shows produced. Cullors resigned from BLM after The Post revealed her $3.2m real estate spree.

nypost.com

Warner Bros Television Group secretly ended a multi-platform deal with Patrisse Cullors, the former leader of Black Lives Matter, The Post has learned.

The Post can reveal no shows were produced under the deal, despite Cullors saying she planned dramas, comedies, documentary series and animated programming for children.

“The studio signed an overall deal with BLM co-founder Patrisse Cullors at some point in 2020,” said a source familiar with the studio’s contract negotiations Friday.

“Deal expired at end of October 2022.

“The deal unfortunately did not result in any produced shows.”

The multi-year agreement was to develop and produce original programming to include black stories across streaming, cable and broadcast platforms.

It encompassed animated and children’s content as well as scripted and unscripted series, according to Variety, which reported on the deal in October 2020.

The agreement was meant to draw on Cullors’ experience as a leader of the movement which started in the courtyard of her Los Angeles home in 2013, according to a statement from the studio at the time.

The value of the deal was not disclosed at the time, Variety reported.

A spokeswoman for Warner Bros, now part of Warner Bros. Discovery, declined comment Friday.

Cullors did not respond to requests for comment.

The end of her contract in October 2022 was in stark contrast to an interview she gave to The Hollywood Reporter in January of that year.

She said that she was working on documentaries on how the idea of “landback” — in which Native Americans have former tribal lands returned — could work as reparations. Another was on black social mobility in the US.

Cullors also said she was working on a scripted project about marijuana, and others on female black leaders and what she called “the toll” of life “under a system that doesn’t see us, or makes us hyper-visible and also hyper-invisible at the same time.”

Cullors, 39, an artist and activist, resigned from Black Lives Matter in May 2021, a month after The Post reported that she had gone on a $3.2 million real estate shopping spree, buying up properties in California and in Georgia.

She said at the time that she did not use any of the non-profit’s cash to make the purchases, and that she was resigning to focus on a book and TV deal.

“I’ve created the infrastructure and the support, and the necessary bones and foundation, so that I can leave,” Cullors said, adding that her departure had been in the works for a while and was not tied to what she described as “right-wing attacks that tried to discredit my character.”

A year after signing the deal with Warner Bros, Cullors bought a sprawling 2,500-square-foot home in Los Angeles’ Topanga Canyon in 2021 for $1.4 million, public records show.

Last year, she spent tens of thousands to install a fence around the property, and has lately began refocusing on art projects, with gallery shows opening in Los Angeles in the last few months, according to reports.

Cullors’ art work was recently featured in a show at a Los Angeles gallery.