Questions Surround Who “Controls” The Black Lives Matter $60 Million Bankroll

Questions are being raised publicly about who controls the $60 million Black Lives Matter Global Network Foundation (BLM).

BLM appears to have no one in charge. The address provided in its nonprofit tax filings is incorrect, and the two remaining members of its board will not say who has control over its accounts.

CharityWatch Executive Director Laurie Styron told the Washington Examiner that BLM now appears to be a “giant ghost ship full of treasure” with no discernable crew.

National Legal and Policy Center counsel Paul Kamenar said that a full independent audit and investigation into BLM is warranted. He said the condition of the public filings of the organization is “grossly irregular and improper.”

Under the law, a nonprofit charity organization’s finances are ultimately the board of directors’ responsibility. The BLM bylaws provide that the executive director has “charge of all funds and securities” the organization owns or controls.

The two known remaining BLM board members are Shalomyah Bowers and Raymond Howard. Neither has responded to media inquiries about who currently manages BLM funds.

Bowers has served as treasurer of BLM PAC and other activist organizations. One California bail reform organization paid Bowers $20,000 per month.

Howard has modified his social media presence since reporting on BLM finances surfaced last week, apparently to obscure his recent “nonprofit” service activities.

BLM was not a qualified nonprofit until much of 2020. It used the nonprofit status of two California charities to accept millions of dollars in corporate donations after the killing of George Floyd and the riots that followed across the country. The IRS granted BLM nonprofit tax-free status in December 2020.

Reports have also surfaced that BLM funded the purchase of a 10,000 square foot mansion for $6.3 million last July. The building previously was the headquarters of the Communist Party of Canada.

The property was purchased with cash by M4BJ, a Canadian nonprofit set up by Janaya Khan. BLM had previously transferred “millions” to M4BJ. Khan is married to Patrisse Khan-Cullors, one of the founders of BLM. Cullors, who has described herself as a “trained Marxist,” resigned from BLM last May after public criticism of her purchases of premier real estate in the United States.

Cullors appointed two activists to take over BLM as “senior directors” when she resigned. Both of those persons said last fall that they never accepted the jobs because of disagreements with BLM and now say they have no idea who is in charge of the social justice organization most favored by Democrats, the corporate media, and most “woke” major corporations.