KARAH RUCKER: THE CONTROVERSIAL SPENDING OF DONATIONS MADE TO BLACK LIVES MATTERS IS ONCE AGAIN BEING REVEALED WITH ANOTHER TAX YEAR BEHIND US. DESPITE DONATIONS PLUMMETING BY 88 PERCENT IN 2022, THE NON-PROFIT CASH-FLOW IS STILL BEING FUNNELED TO FRIENDS AND FAMILY OF ITS NOW FORMER EXECUTIVE DIRECTOR IN SEVEN-FIGURE CONTRACTS.

LET’S TAKE A QUICK LOOK AT THE NUMBERS. ACCORDING TO TAX RECORDS FIRST OBTAINED BY THE FREE BEACON, IN FISCAL YEAR 2022, THE BLACK LIVES MATTER FOUNDATION RAISED 9.3 MILLION DOLLARS. THE YEAR PRIOR — THEY RAISED MORE THAN 75 MILLION. DONATIONS PLUMMETING BY 88 PERCENT. IN FISCAL YEAR 2020 — BLACK LIVES MATTER RAISED 90 MILLION DOLLARS IN THE WAKE OF GEORGE FLOYD’S DEATH.

THAT’S A LOT OF MONEY GIVEN TO THE ORGANIZATION THAT STATES ON ITS WEBSITE DONATIONS WILL HELP FUEL BLM’S MOVEMENT TO LIBERATE BLACK PEOPLE.

BUT TAX RECORDS DEPICTING WHERE THE DONATIONS WENT, SENT ITS SUPPORTERS INTO A FRENZY WHEN THEY LEARNED HOW THEIR MONEY WAS BEING SPENT BY THOSE AT THE TOP OF THE FOUNDATION.

THIS WOMAN ON YOUR SCREEN IS PATRISSE CULLORS. THE FORMER EXECUTIVE DIRECTOR FORCED TO STEP DOWN OVER HER SPENDING OF BLM DONATIONS —

WHO ONCE SAID “CHARITY FINANCIAL DISCLOSURES” WERE “TRIGGERING” AND “DEEPLY UNSAFE.” BUT A LOOK AT HER ORGANIZATION’S DISCLOSURES REVEALED 12 MILLION DOLLARS WAS SPENT ON LUXURY HOMES IN LOS ANGELES AND TORONTO.

SIX FIGURE — SOMETIMES SEVEN FIGURE — SALARIES WERE BEING PAID TO CULLORS FAMILY MEMBERS AND FRIENDS FOR ODD-END JOBS.

THE MEDIA’S EXPOSURE OF THE ERRATIC SPENDING – COULD HAVE CONTRIBUTED TO THE SHARP DECLINE IN THE AMOUNT OF MONEY SUPPORTERS ARE NOW WILLING TO GIVE TO BLM.

EVEN AFTER MUCH SCRUTINY OVER ITS PREVIOUS SPENDING OF DONATIONS — THE NEWEST TAX RECORDS SHOW THE FOUNDATION **KEPT GIVING MILLIONS OF DOLLARS TO THE OUSTED DIRECTOR’S FAMILY AND FRIENDS – DESPITE THE FINANCIAL WOES THE CHARITY EXPERIENCED IN 2022. BLM RAN AN 8.5 MILLION DOLLAR DEFICIT. AND THE VALUE OF ITS INVESTMENT ACCOUNTS PLUMMETED BY NEARLY 10 MILLION DOLLARS.