The Black Lives Matter Global Network Foundation is suing progressive nonprofit the Tides Foundation for allegedly defrauding the BLMGNF and holding back around $33 million in donations, according to documents filed Monday in California Superior Court.
BLMGNF accused Tides of refusing “to honor its promises” to the network and alleged that Tides “continues to commandeer BLMGNF’s donations” in the lawsuit.
Instead, BLMGNF alleged, Tides was handing out money that was supposed to go to BLMGNF to what the New York Post called a “radical BLM breakaway group run by anti-police activist Melina Abdullah.”
Abdullah had previously lost a “frivolous lawsuit” against the BLMGNF, the Post reported.
Tides is a left-leaning donor-advised fund that disburses money from anonymous contributors to other organizations. The organization notably has received close to $14 million from billionaire George Soros and his son, Alex Soros, through their Open Society Foundations, according to the Post.
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The fund reportedly functions as a clearinghouse, collecting donations on behalf of organizations that may be lacking a 501(c)(3) tax-exempt status. The organization also acts as an incubator for startup progressive groups,