What does BLM do with their money, where does it go?

Discussion in 'Political Opinions & Beliefs' started by Steve N, Jun 30, 2020.

  1. Steve N

    Steve N Well-Known Member Past Donor

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    For the past few months there have been stories about huge corporations, rich businessmen, and even cities, counties and foreign countries donating tens and hundreds of millions of dollars to BLM.

    What are they doing with that money?

    I saw a Tweet complaining that BLM's founders all have expensive new homes and cars. I also saw a story stating the money donated to BLM will dry up unless they can make a national ruckus out of every little thing, even it's stupid and seemingly counter productive because there's no such thing as bad publicity for BLM because the media isn't willing to give them bad publicity

    Does BLM have a tax ID number and pay quarterly taxes?

    Finally, with BLM getting all this money, why do they need reparations when they can divvy up that cash among the country's black folks who had ancestors here way back when?
     
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  2. Jestsayin

    Jestsayin Well-Known Member Past Donor

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    They took their lessons from Al Sharpton and Jesse Jackson and extort money from large corporations who write a big check just to get these bloodsuckers off their backs. Where it goes from there? It would be racist to ask.
     
  3. James California

    James California Well-Known Member Past Donor

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    ~ It goes to the DNC - likely for campaign funding.
     
  4. Darthcervantes

    Darthcervantes Well-Known Member Past Donor

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    Basically they see dollar signs every time a black man is killed by cops
     
  5. Woogs

    Woogs Well-Known Member

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    Bingo. Below is an excerpt from a letter sent anonymously by a (black) Berkley professor to a couple of his colleagues. The whole letter is an interesting read.

    Most troublingly, our department appears to have been entirely captured by the interests of the Democratic National Convention, and the Democratic Party more broadly. To explain what I mean, consider what happens if you choose to donate to Black Lives Matter, an organization UCB History has explicitly promoted in its recent mailers. All donations to the official BLM website are immediately redirected to ActBlue Charities, an organization primarily concerned with bankrolling election campaigns for Democrat candidates. Donating to BLM today is to indirectly donate to Joe Biden’s 2020 campaign.

    https://uncoverdc.com/2020/06/12/uc...-blm-police-brutality-and-cultural-orthodoxy/
     
  6. MissingMayor

    MissingMayor Well-Known Member

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    Could you share one or two? Because I haven't seen any as BLM isn't a registered entity to my knowledge.
     
  7. Pred

    Pred Well-Known Member

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    It is an interesting question. If people are donating to BLM where the heck is the money going? And if anyone associated with BLM is making out of the ordinary purchases that had to be seriously questioned since this could be one of the biggest scams in recent memory.

    And if it’s all going to the DNC that is some major corruption right there.
     
    Last edited: Jun 30, 2020
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  8. nra37922

    nra37922 Well-Known Member

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    BLM? is just another in a LONG line of blackcentric shakedown organizations. Nothing more and nothing less.
     
  9. ECA

    ECA Well-Known Member

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    Can you share links to some of these stories showing BLM is taking in hundreds of millions of dollars?
     
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  10. nra37922

    nra37922 Well-Known Member

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  11. modernpaladin

    modernpaladin Well-Known Member Past Donor

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    DNC was running in the red before Floyd got killed. Now they have plenty of funding.
     
  12. James California

    James California Well-Known Member Past Donor

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    ~ We know one place the donations are not going - paying Al Sharpton's delinquent income tax . :???:
     
  13. Grau

    Grau Well-Known Member Past Donor

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    I couldn't immediately find the net worth of BLM but I did find that it is tax-exempt in addition to their receiving hundreds of millions in donations with much more to come in attempted appeasement money.

    Since their only overhead seems to be in spray paint and bull-horns, I'd guess that the selectively offended and chronically outraged CEOs at BLM have down pretty well in the grievance industry.

    "Black Lives Matter cashes in with $100 million from liberal foundations"
    https://www.washingtontimes.com/news/2016/aug/16/black-lives-matter-cashes-100-million-liberal-foun/

    EXCERPT "For all its talk of being a street uprising, Black Lives Matter is increasingly awash in cash, raking in pledges of more than $100 million from liberal foundations and others eager to contribute to what has become the grant-making cause du jour." CONTINUED
     
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  14. ECA

    ECA Well-Known Member

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  15. nra37922

    nra37922 Well-Known Member

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    Money never went directly to the Mafia either.
     
    Last edited: Jun 30, 2020
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  16. Phyxius

    Phyxius Well-Known Member

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    Audit the NRA, then we'll talk.
     
  17. ECA

    ECA Well-Known Member

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    You didn’t read the link you posted to me did you?
     
  18. 61falcon

    61falcon Well-Known Member

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    And Jesse Jackson and Al Sharpton took there lessons from Billy& Franklin Graham and Joel Osteen and Jerry Falwell. Religion is a veritable gold mine!!!
     
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  19. James California

    James California Well-Known Member Past Donor

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    ~ Yes they are very sneaky with "transfer" of funds. I read that the funds from illegal bets on "fixed" sports games and Las Vegas skimming is all filtered through legitimate business transactions. BLM is more open and obvious because political crime has a history of being protected. { ie the FBI investigating themselves for corruption :lol: }
    ~ Show business , evangelists , and politics are big money makers. :w00t::smile:

     
    Last edited: Jun 30, 2020
  20. MissingMayor

    MissingMayor Well-Known Member

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    Only a couple of those donations, totaling well under $1 million are going to an umbrella group. Most of the money you listed are donations to well known non-profits. The umbrella group "Black Lives Matter Foundation" files public tax reports so you get to see. They mostly run an organizing group and raise money for local causes. https://projects.propublica.org/nonprofits/organizations/474143254
     
  21. MissingMayor

    MissingMayor Well-Known Member

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    Clearly you can't read past headlines. The Black Lives Matter Fund is not BLM either.
     
  22. Booman

    Booman Banned

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    Well it's not going to new electronics. They get those for free.
     
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  23. 61falcon

    61falcon Well-Known Member

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    Black live Matter is not an official IRS sanctioned tax exempt charity, it's money goes through something called THOUSAND CURRENTS which nothing online shows the net worth of either of these two.
     
  24. Steve N

    Steve N Well-Known Member Past Donor

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  25. Steve N

    Steve N Well-Known Member Past Donor

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