Black Lives Matter Global Network Foundation is running out of cash and nearing its end “unless something changes dramatically,” according to a new report.
The Free Press, an independent news organization founded by former New York Times journalist Bari Weiss, on Tuesday published a scathing deep dive into the “scrappy start-up that struck gold in 2020” headlined “BLM Collected Over $90 Million in Donations. Where Did It Go?”
“Capitalizing on the lucrative opportunities afforded to them as high-profile progressives, the three celebrity founders moved on, leaving the operation to wither in the hands of deputies who, sadly, turned on each other. A remarkable spate of legal trouble, brushes with law enforcement, and tangles with the Internal Revenue Service have all but spelled the death of the enterprise that you probably know best as Black Lives Matter,” Free Press reporter Sean Patrick Cooper wrote.
“The spectacular rise and fall of BLM has surprisingly little in common with earlier civil rights campaigns, other than, perhaps, good intentions,” he continued. “How BLM’s leaders exploited George Floyd’s murder to raise millions that they then put into their own pockets more closely resembles the stories of famous grifters like Elizabeth Holmes of Theranos or