Black Lives Matter’s missing billions
More and more questions are being raised about BLM’s finances
by Wilfred Reilly
The Black Lives Matter movement has raised billions of dollars over the past several years. But no one seems to know how most of that money has been spent.
On 20 December 2020, The Economist noted that $10.6 billion had been pledged to causes and organisations affiliated with BLM. According to that article and further reporting from the right-leaning Daily Signal, BLM’s corporate donors included Amazon, Gatorade, Microsoft, 23andMe and Tinder, while recipients ranged from the small-scale Unicorn Riot guerilla media firm to the sizeable Black Lives Matter Global Network Foundation (BLMGNF).
As far as I can tell, no comprehensive or even partial audit of what happened to this staggering sum of money has ever taken place. Indeed, given the sheer number of corporate and NGO players involved, conducting one would be incredibly difficult. However, taking a look at the experience of just one BLM-affiliated organisation – BLMGNF – could give us an insight into what went on more broadly. The foundation’s story is truly remarkable.
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