Connect with us

Hi, what are you looking for?

Corruption

BLM Shuts Down Fundraising Efforts When 2 Blue States Threaten Legal Action For Lack of Transparency Over Financial Records

According to a new report, California and Washington, both leftist states, have directed the Black Lives Matter Global Network Foundation to cease all fundraising operations because of their lack of financial transparency.

“We take these matters seriously and have taken immediate action,” a spokesperson for the BLM who remains unknown told the Washington Examiner. “We have immediately engaged compliance counsel to address any issues related to state fundraising compliance. In the interim, we have shut down online fundraising as we work quickly to ensure we are meeting all compliance requirements.”

It was then reported that on Wednesday, the BLMGNF did turn off all online fundraising and indicated that the donation button on the site that was prominently featured is no longer found on the page.

When the BLM foundation failed to submit an annual report for tax year 2020, which is a requirement for charitable trusts, California and Washington state officials blocked them from being able to solicit any more donations.

According to the New York Post, a formal delinquency notice was sent to BLM on Monday by California Attorney General Rob Bonta (D) that gave the organization 60 days to file tax and charity documents for 2020. If BLM does not meet the deadline, they will probably lose their tax-exempt status. They could also be hit with late fees.

“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). 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 distributing charitable funds,” the letter said.

“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,” the notice stated.

Washington Secretary of State Corporations and Charities Division sent a notice to BLM on January 5 to “Immediately cease” fundraising in the states due to the organization’s lack of financial transparency.

“Please note that a violation of the Act is also a violation of the consumer Protection Act … and could result in the imposition of injunctions and civil penalties of up to $2,000 per violation,” the state letter to BLM said, as reported by the Washington Examiner. “Any organization that solicits and/or collects contributions in violation of the Act and CPA will be reported to the Office of the Attorney General’s Consumer Protection Division for further action.”

“BLM’s charity registration is also out of compliance in Connecticut, Maine, Maryland, New Jersey, New Mexico, North Carolina, and Virginia,” according to the outlet. Sounds like they took the money and ran.

Patrisse Cullors, one of the BLM co-founders, appointed two activists to serve as Senior Directors after she resigned in May over questions of her personal finances. Both activists said they do not know who now runs BLM, the most notorious social justice group in America.

“Like a giant ghost ship full of treasure drifting in the night with no captain, no discernible crew, and no clear direction,” Laurie Styron, CharityWatch Executive Director said about BLM.

BLM caught some heat from local activists when in April the New York Post ran a story about Cullors, when she was then acting as the Executive Director, spending $3.2 million during a real estate binge across the US. This was after a disclosure in February last year, came out revealing that the organization ended 2020 with $60 million in the bank.

Click to comment

Leave a Reply

Your email address will not be published.

ULTRA MAGA REPUBLICAN

PRO ❤️ LIFE

Patriot Supply

You May Also Like

Copyright © 2022 Unite America First. Turbocharged by Adrevv

0