New Black Lives Matter tax documents show foundation is tightening its belt, has $30M in assets
Written by Black Hot Fire Network on May 27, 2023
NEW YORK (AP) — A national Black Lives Matter nonprofit, whose philanthropic fortunes grew almost overnight during historic racial justice protests three years ago, raised just over $9 million in its last fiscal year, new IRS tax filings show.
That’s significantly less than the $79 million in revenue reported in a previous tax filing of Black Lives Matter Global Network Foundation Inc . . .
