During the summer of 2020, it was hard to find a major corporation not sinking millions of dollars into Black Lives Matter. Even Amazon shelled out a ton of money for the cause.
But now the organization's finances are so undeniably shady that—and this is saying something—even Amazon doesn't want them around anymore:
Amazon kicked Black Lives Matter off its charity platform AmazonSmile on Tuesday as the social justice organization faces intense scrutiny from multiple states over the status of its financial windfall from 2020.
The move deprives BLM of a major revenue source that has provided $306 million to U.S. charities and comes less than two years after Amazon itself donated $10 million to BLM and 11 other social justice groups amid the nationwide unrest spurred by George Floyd's killing.
Yeah, one day you're pulling down eight-figure paydays from Corporate America and not telling anyone what you're doing with it, the next you're on everybody's naughty list.
Amazon has indicated that BLM may be allowed back on its servers if they clean up their act. Meanwhile, the group is engaging in some serious accounting gimmickry to avoid further disclosure:
The national organization for Black Lives Matter appears to have used an unusual accounting maneuver to further delay reporting what became of its $60 million bankroll from 2020, a move one charity watchdog called "the worst transparency issue" she has ever seen.
Black Lives Matter Global Network Foundation, the charity that serves as the face of the national BLM movement, quietly changed its 12-month accounting cycle to July through June. By going from a calendar to a fiscal year, BLM has until mid-May to report what it did with the millions that flooded into its coffers beginning in the second half of 2020. The move enabled BLM to report a sparse, short-year Form 990 to the IRS that covered its activities during only the first half of 2020, when the entity was entirely dormant as a fiscally sponsored project of the California charity Thousand Currents. It was also the period just before BLM exploded as a cause celeb following George Floyd's racially charged death.
Live look at Black Lives Matters' offshore bank vault right now:
It's gonna be real interesting to see where all the money's gone! Can't wait!
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