The Black Lives Matter Global Network is in jeopardy of losing its tax-exempt status in the state of California. The Attorney General warned of this possibility should the organization not reveal financial records.
The Registry of Charitable Trusts requires that organizations annually submit their records in order to benefit from the registry’s status. Black Lives Matter Global Network is delinquent in regards to the submission of records.
The delinquency seems to have occurred amid allegations that BLM has conveniently misplaced millions of dollars.
Patrisse Khan-Cullors a self-avowed Marxist and co-founder of Black Lives Matter Global Foundation Network resigned from the group last year after an investigation revealed that she had spent $3.2 million on homes in Georgia and Los Angeles. She allegedly denied the homes were purchased with BLM donations.
“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,” said a letter from the Attorney General obtained by the Washington Examiner.
Fox reported, The letter was dated Jan. 31, 2022, and published by the Examiner Tuesday. It said the group could get back in good standing with The Registry of Charitable Trusts by paying a renewal fee and turning in its IRS 990 form detailing its financial activities, along with a similar state-issued renewal report.
The process to restore good standing seems to be trivial and non-threatening, at least for organizations that follow the rules and remain free of blatant corruption and criminal activity.
It’s not certain that BLM has been fraudulently spending its donated dollars, though this newfound evidence only bolsters the positions who have this view.
