According to an explosive investigation by the Washington Examiner, it is entirely unclear who is responsible for managing the $60M bankroll of the Black Lives Matter (BLM) Foundation.
The investigation emerges nearly six months after Patrisse Cullors, a BLM co-founder, resigned as the executive director, ostensibly in order to focus on other endeavors. Cullors appointed two other activists to serve as senior directors after her departure, Monifa Bandele and Makani Themba.
Neither Themba nor Bandele accepted the jobs due to disagreeing with the foundation, per the Washington Examiner investigation. Both directors also assert that they do not know who is the leader of the organization, or who ultimately spearheads the organization’s activities.
“We never actually started in the position, so we never received any detailed information,” Themba remarked.
Raymond Howard and Shalomyah Bowers, who serve as board members for BLM, did not respond to inquiries from the Washington Examiner for further comment regarding the organizational hierarchy of BLM. Interestingly, after Howard was contacted for comment, his LinkedIn profile was updated to state that he works as a Director of Operations for a “non-profit” organization.
Howard also previously had a reference to his position in finance and operations at New Impact Partners, a venture that is owned by his sister, though this reference has also been removed since the request for comment.
Due to the ongoing secrecy and absence of transparency, CharityWatch Executive Director Laurie Styron declared that BLM is akin to “a giant ghost ship full of treasure drifting in the night with no captain, no discernible crew, and no clear direction.”
Paul Kamenar, who serves as counsel for the National Legal and Policy Center, remarked that BLM’s financial management “is grossly irregular and improper for a nonprofit with $60 million in its coffers.”
BLM received tax-exempt status from the IRS in December 2020. Consequently, the organization should face a “full audit,” according to Kamenar.
“Bottom line: Lot of questionable financial activity, organizational structure, location of the books, [and so forth] that call for a full investigation,” Kamenar proclaimed to the Washington Examiner.