According to a remarkable report from New York magazine’s Intelligencer, the increasingly suspect Black Lives Matter (BLM) organization has come under fresh fire for its misuse of multiple millions of dollars.
Specifically, various BLM leaders allegedly purchased a mansion in Southern California for $6M, keeping the transaction a secret. Furthermore, the leaders knowingly attempted to cover up their misuse of millions for the organization, given its 501(c)(3) status.
501(c)(3) status means that BLM does not have to pay taxes on any of its donations, with the expectation that the vast majority of funds incurred by the organization are utilized for its nonprofit mission.
Instead, internal communications were uncovered that revealed BLM leaders’ efforts to actively “deflate ownership of the property” in an effort to avoid IRS scrutiny.
The $6M purchase of a Southern California mansion is the latest misuse of multiple millions, given that BLM has also purchased several other real estate properties worth well into the millions, especially with current housing prices.
The California mansion was procured as far back as October 2020, shortly before the presidential election, allegedly to serve as the “campus” for the Black Lives Matter Global Network Foundation.
The mansion will supposedly provide a “safe space” for incendiary BLM leaders who have faced threats, and it will also serve as an “influencer house” that represents “the cultural arm” of BLM.
The BLM leaders also expressed in writing their uncertainty about whether or not such an extreme purchase for an alleged charity was legal, with an internal memo revealing that said leaders “need to first make sure it’s legally okay to use as we plan to use it.”
Shortly after the purchase of the home, its ownership was transferred to an LLC based in Delaware, the president’s home state.