Who IS in charge of BLM’s $60million bankroll?

Black Lives Matter will not confirm who controls its significant funds after founder stepped down and the two activists she appointed to take her place rejected roles

Image Credits: Rich Fury/Getty Images for Teen Vogue.

Charity auditors have expressed alarm at the management of Black Lives Matter’s $60 million in donations, after it emerged that people announced as leading the organization never took up the role, and no one seemed able to say who was handling the finances.

The most recent tax filing for the charity, from 2019, gives an address in Los Angeles that does not exist, and the two remaining BLM directors identified by The Washington Examiner were not able to assist – with one even scrubbing BLM associations from his social media after he was contacted by the paper. 

They are yet to file a 2020 return, a Form 990, as required – which could see BLM fined by the IRS. 

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Laurie Styron, executive director of CharityWatch, said the findings were deeply troubling, and said they should have filed their 2020 form by now. 

‘Like a giant ghost ship full of treasure drifting in the night with no captain, no discernible crew, and no clear direction,’ she said.

Paul Kamenar, counsel for conservative watchdog group the National Legal and Policy Center, told the paper a full audit was needed, describing the situation as ‘grossly irregular’.

The problem began in earnest in May 2021, when BLM co-founder Patrisse Cullors stepped down as director of the Black Lives Matter Global Network, the national body representing all the individual local chapters.

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