According to a report by the Claremont Institute’s Center for the American Way of Life, the Black Lives Matter (BLM) movement and associated causes have received an unprecedented $82.9 billion from corporations.
This substantial funding was discovered through a new funding database, as reported by Breitbart.
The Claremont Institute explained in a Newsweek article that their report aimed to highlight that the BLM movement of 2020 was more than just about “rioting and destruction,” and that the movement’s financial backing was worth examining.
The Center explained that “The BLM pressure campaigns, harassment, and moral blackmail also amounted to possibly the most lucrative shakedown of corporate America in its history.”
“As a point of reference, $82.9 billion is more than the GDP of 46 African countries. In 2022, the Ford Motor Company’s profits were $23 billion,” they also noted. The sum of $82.9 million includes “more than $123 million to the BLM parent organizations directly,” as well as much more to other organizations supporting BLM’s agenda.
The list reveals that several popular corporations from a wide range of different industries supplied the movement with large sums of cash. Walmart, for example, which is based in Arkansas, gave a whopping $100 million in support of BLM and related causes focusing on “racial equity.” Amazon gave even more, supplying the movement with an astonishing $169.5 million. Silicon Valley Bank gave the movement $73.45 million.”
Have to admit the people who are running the Black Lives Matter movement are brilliant at raising money from corporations and from government entities as well.
It’s surprising how requesting free funding from corporations to support a racist and hateful organization has resulted in billions of dollars in donations. Furthermore, it has come to light that some former leaders of the organization have been caught in fraudulent activities.
Recently, Black Lives Matter co-founder Patrisse Cullors announced her resignation as the executive director of the organization. This decision came amid scrutiny surrounding her acquisition of multiple properties worth $3 million. Cullors, who has led the Black Lives Matter Global Network Foundation for almost six years, stated that she was stepping down to concentrate on other projects, including the launch of her second book and a multi-year television development deal with Warner Bros.
When a large sum of money is involved, it’s not uncommon to encounter corruption, particularly when the organization is led by leftists.
What an “F” ing waste of money going to a domestic terrorist/fradulant group. That money could have easily helped with the homeless problem in LA, Chicago, New York, and Portland. All places that these leftist thugs are destroying the cities. Put your money where your mouth is BLM and clean up the messes that you have helped create along with your buddy Biden and Harris!