- Dec 29, 2008
- 36,366
- 19,275
- 1,905
The leaders of BLM are about to learn a very hard lesson. They ripped people off and now its time to pay for their crimes.
The organization BLACK LIVES MATTER GLOBAL NETWORK FOUNDATION, INC. is delinquent with The Registry of Charitable Trusts for failing to submit required annual report(s),” the letter stated.
Alicia Garza, Patrisse Cullors and Opal Tometi have all stepped away from Black Lives Matter.Emal Countess/Getty Images for The New York Women's Foundation
“An organization that is delinquent, suspended or revoked is not in good standing and is prohibited from engaging in conduct for which registration is required, including soliciting or disbursing charitable funds.”
BLM was given 60 days to file tax and charity documents for 2020 — the year it previously confirmed collecting a staggering $90 million, with at least $60 million left over after expenses and grants.
California Attorney General Rob Bonta sent the formal warning to Black Lives Matter on Monday.Ray Chavez/Bay Area News Group via AP, File
That fortune sparked a firestorm from affiliates that say they have never received much-needed financial help, while co-founder Patrisse Kahn-Cullors went on a real estate buying binge.
If it misses the 60-day deadline, BLM could lose its tax-exempt status and be hit with late fees “for each month or partial month for which the report(s) are delinquent,” the Justice Department’s letter warned.
“Charitable assets cannot be used to pay these avoidable costs,” the letter said.
The letter states that BLM is forbidden from “solicitation or disbursing of charitable assets” while it remains delinquent.
“Accordingly, directors, trustees, officers and return preparers responsible for failure to timely file the above-described report(s) are personally liable for payment of all penalties, interest and other costs incurred to restore exempt status,” it continued.
The words “personally liable” appeared in bold twice in the letter.
The organization BLACK LIVES MATTER GLOBAL NETWORK FOUNDATION, INC. is delinquent with The Registry of Charitable Trusts for failing to submit required annual report(s),” the letter stated.
Alicia Garza, Patrisse Cullors and Opal Tometi have all stepped away from Black Lives Matter.Emal Countess/Getty Images for The New York Women's Foundation
“An organization that is delinquent, suspended or revoked is not in good standing and is prohibited from engaging in conduct for which registration is required, including soliciting or disbursing charitable funds.”
BLM was given 60 days to file tax and charity documents for 2020 — the year it previously confirmed collecting a staggering $90 million, with at least $60 million left over after expenses and grants.
California Attorney General Rob Bonta sent the formal warning to Black Lives Matter on Monday.Ray Chavez/Bay Area News Group via AP, File
That fortune sparked a firestorm from affiliates that say they have never received much-needed financial help, while co-founder Patrisse Kahn-Cullors went on a real estate buying binge.
If it misses the 60-day deadline, BLM could lose its tax-exempt status and be hit with late fees “for each month or partial month for which the report(s) are delinquent,” the Justice Department’s letter warned.
“Charitable assets cannot be used to pay these avoidable costs,” the letter said.
The letter states that BLM is forbidden from “solicitation or disbursing of charitable assets” while it remains delinquent.
“Accordingly, directors, trustees, officers and return preparers responsible for failure to timely file the above-described report(s) are personally liable for payment of all penalties, interest and other costs incurred to restore exempt status,” it continued.
The words “personally liable” appeared in bold twice in the letter.
