As per audited financial papers acquired by Washington Examiner, Black Lives Matter gave BLM Canada $8 million to buy a Toronto property for $6.3 million.
Records reveal Patrisse Cullors was the only top executive of the BLM Global Network Foundation when it gave money to BLM Canada.
Janaya Khan, Cullors’ spouse, was on BLM Canada’s board throughout the transfer.
BLM secretively purchased least 5 homes including one $6 million Los angles mansion…
NOTHING towards rebuilding the BLACK cities, BLACK businesses and BLACK lives they played a major role in destroying. 🔥🔥🔥 #blm #blmriots pic.twitter.com/HXHRvYt5eJ
— DixieDuJour504 (@DDuJour504) May 10, 2022
The executive director of CharityWatch, Laurie Styron, told Washington Examiner, “I’ve never seen this much bad management.”
BLM Canada wanted $5 million from the national BLM movement to buy the Wildseed Centre in Toronto. Per the Washington Examiner, BLM Canada bought the land for $6.3 million in July 2021.
Acquisitions, Family and Friends Benefits
BLM Canada said this cash paid most of the building acquisition and restoration expenditures. “The concept included space for archiving documents, organizing, teaching, meeting rooms, co-working, studios, theaters, offices, and gardening.”
BLM Canada’s financing proposal was approved in a month. It’s unclear why the national BLM group, under Cullors’ authority, gave BLM Canada $3 million extra for the land acquisition. Neither group commented.
In its audited financial accounts, BLM mentioned Cullors’ association with Khan.
BLM revealed in its financial statements for July 1, 2020 to June 30, 2021, that “a connected party to BLMGNF’s Executive Director was a top executive of M4BJ functioning as Black Lives Matter Canada.”
Khan, who married Cullors in 2016, told New York magazine in April that she divorced him in September 2017 and quit BLM soon afterward.
Canadian charity documents mention Khan as a BLM Canada director.
Styron stated Cullors should have avoided any BLM funding choices involving BLM Canada.
She questioned how Cullors could have exempted herself when she was the only BLM board member at the time.
BLM disclosed on its Form 990 that it had no council meetings between July 1, 2020 and June 30, 2021.
LMAO.
Nobody who demonised me for saying the BLM organisation was a scam has apologised to me yet. Being ahead of the curve is a lonely place. pic.twitter.com/q4vftjwTYH
— ZUBY: (@ZubyMusic) May 17, 2022
The national BLM group gave money to BLM Canada’s Toronto estate about six months after buying a $6 million mansion in Los Angeles.
The national BLM group paid for many houses around North America and gave big deals and payments to Cullors’ family and associates after the police murder of George Floyd.
Damon Turner, the dad of Cullors’ only child, made $969,459 from BLM through his art studio, Trap Heals.
Paul Cullors’ LLC received $840,993 for “security services.” According to the New York Post, Paul Cullors was a graffiti artist before founding his security agency in 2020.
BLM committee member Shalomyah Bowers said the charity still pays for Paul Cullors’ security.
Cullors’ good friend, Bowers, BLM, paid his business $2,167,894 for consultancy and asset management. New Impact Partners, managed by Raymond Howard’s sister, got $107,000 for fundraising.
Self-Dealing
“From top to bottom, the BLM audited accounts indicate a flood of related party transactions that smell of self-dealing,” said Tom Anderson, head of the Government Integrity Project at the National Legal and Policy Center. This explains their turmoil.
Cullors resigned in May 2021, amid criticism of her real estate investments. She was criticized for suggesting charity financial transparency regulations provoked her.
Cullors stated in April that “this 990 structure isn’t secure for us.”
Styron said if BLM didn’t handle its 2020 windfall well, it could hurt people’s trust in charities.
Styron said, “a charity isn’t a one-woman show. This is taxpayer money. This practice can erode public trust in the nonprofit sector.”
