
(TruthandLiberty.com) – After George Floyd died in police custody in April 2020, Black Lives Matter (BLM) became a household name. Wishing to help an organization the companies thought was doing something good, corporations donated millions of dollars to BLM. The organization raked in over $90 million in 2020 alone. On April 4, New York Magazine reported the three founders of BLM used donation money to purchase a $6 million, 6,500-square-foot home with parking for up to 20 cars.
In October 2020, the Black Lives Matter Global Network Foundation bought the home after the organization received a $66.5 million donation from its fiscal sponsor. Within a week, the home’s ownership was transferred to an LLC in Delaware to hide the actual owners of the home. The BLM never reported the home purchase, and leaders tried to keep its existence quiet.
Black Lives Matter used donations to buy $6 million Southern California home: report https://t.co/KJPcubAfO3 pic.twitter.com/jVIargViX9
— New York Post (@nypost) April 4, 2022
New York Magazine said the house purchase blurred ethical lines and appeared to benefit Black Lives Matter leaders personally. At a minimum, the lack of transparency over the acquisition led to criticism. Some people questioned why the $6 million wasn’t spent on policy or advancing the greater cause of BLM. In 2016, activists expressed concerns over how the organization spent its donated funds.
In late 2020, ten city BLM chapters rebuked the global network for not fulfilling its promise to care for Black victims’ families harmed by police violence. Some in the organization claimed the house was bought as a safe house. Others said it was a staging ground for social media influencers.
So, does the house really help Black lives, or is BLM a socialist activist group not helping people achieve justice as promised?
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