Thousands march in Washington, D.C., protesting police brutality and the killing of George Floyd in Minnesota at the hands of local police, on June 6, 2020. Photo: Diego M. Radzinschi/ALM Controversy Puts Cloud Over Companies' Donations to Black Lives Matter Nonprofit
New York magazine reported that the Black Lives Matter Global Foundation, which took in more than $90 million in 2020, spent $6 million that year on an opulent Southern California home and tried to hide the purchase.
April 06, 2022 at 07:55 AM
5 minute read
NGO and Non-Profit
Companies that made charitable contributions to Black Lives Matter Global Network Foundation, whose leaders were revealed Monday to have purchased a $6 million house with donated funds, won't be on the hook for tax penalties but may face criticism from shareholders, according to legal experts.
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