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20×102mm Vulcan
It has now been estimated that the Black Lives Matter Global Network Foundation, which is a foundation seen at the forefront of the movement, raised $90 million last year. It was a “financial snapshot” shared exclusively with The Associated Press.
The Black Lives Matter foundation claims it is now “building infrastructure to catch up to the speed of its funding and plans to use its endowment to become known for more than protests after Black Americans die at the hands of police or vigilantes.”
In its report, the BLM foundation said individual donations via its main fundraising platform averaged $30.76. More than 10% of the donations were recurring. The report does not state who gave the money in 2020, and leaders declined to name prominent donors.
Last year, the foundation’s expenses were approximately $8.4 million — that includes staffing, operating and administrative costs, along with activities such as civic engagement, rapid response and crisis intervention.
The Black Lives Matter foundation claims it is now “building infrastructure to catch up to the speed of its funding and plans to use its endowment to become known for more than protests after Black Americans die at the hands of police or vigilantes.”
In its report, the BLM foundation said individual donations via its main fundraising platform averaged $30.76. More than 10% of the donations were recurring. The report does not state who gave the money in 2020, and leaders declined to name prominent donors.
Last year, the foundation’s expenses were approximately $8.4 million — that includes staffing, operating and administrative costs, along with activities such as civic engagement, rapid response and crisis intervention.
'Black Lives Matter' Finally Opens Up About Its Finances — It's Not Pretty
The radical Marxist foundation Black Lives Matter is finally opening up about its finances in a brand-new report. Black Lives Matter, whose name has been considered synonymous with a more widespread movement to raise awareness about lingering racial disparities in America, is a radical...
beckernews.com
