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Will The Money Raised For Black Lives Matter Actually Go To Black Lives?

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Patrisse Cullors, co-founder of the Black Lives Matter Global Network Foundation, stepped down from the group in May last year after a series of financial scandals provoked her resignation. Now more than eight months later and upwards of $60 million raised, the global charity remains plagued with money controversies and no apparent leadership or oversight.

According to a Washington Examiner investigation published last week, the address listed on the organization’s tax forms is wrong, and its two remaining board members refused to say who was managing its $60 million bankroll.

Meanwhile, Cullors’ supposed replacements ended up replacing nobody.

“BLM co-founder Patrisse Cullors appointed two activists to serve as the group’s senior directors following her resignation in May amid scrutiny over her personal finances,” wrote the Examiner’s Andrew Kerr. “But both quietly announced in September that they never took the jobs due to disagreements with BLM. They told the Washington Examiner they don’t know who now leads the nation’s most influential social justice organization.”

Where the pile of money will be spent remains unknown. The group’s bylaws dictate that the executive director “shall have charge of all funds and securities of the Corporation.”

Shalomyah Bowers, who remains listed as the group’s deputy executive director, did not respond to The Federalist’s inquiries, and neither did the foundation.

[LISTEN: Did BLM Dupe Corporate America Out Of Millions?]

Meanwhile, black business owners are being crushed by draconian vaccine mandates protested by activists.

In Boston, the Massachusetts Restaurant Association wrote to the city’s leftist mayor last week complaining that City Hall’s vaccine requirement for dining is costing its businesses up to $15,000 a week. The soon-to-be six-figure losses are steep sums for an industry already operating on slim profit margins after routine lockdowns nearly took them out of business altogether.

The Black Lives Matter Global Network Foundation operates a “Survival Fund” to step in where the government falls short.

BLMGNF and BLM Grassroots designed the BLM Survival Fund to support Black people and their families facing economic hardship during the pandemic by giving them cash as a means of support to keep them in their homes, keep food on the table, and ultimately provide a little breathing room in their lives.

But without functioning oversight or leadership and with a 990 tax form outside of public view, according to the Washington Examiner, it’s unclear how much money will actually find its way into the hands of the people BLM claims to support. In July of last year, the group provided the “bulk of funding” for a more than $8 million cash purchase of a Toronto mansion, raising more frustration among followers over its finances.

California regulators warned on Monday that they would hold BLM’s leaders personally liable unless the group filed the required documents to maintain an adequate level of transparency.