Patrisse Cullors, co-founder of the Black Lives Matter Global Network Foundation, criticized typical financial disclosure forms as “triggering” and “unsafe” as the group’s purchase of a $5.8 million Los Angeles property comes under examination.
According to the Washington Examiner, Cullors said at an event Friday, “It’s such a trip to hear the term ‘990.” She was referring to the IRS Form 990, which charities must submit each year to report their financial activity.
“I’m like, ugh,” she says. “It’s kind of triggering,” she remarked, adding that she “really had no idea” what the form was before “all of this happened.”
Cullors went on to say that filing financial disclosure forms “doesn’t appear to be safe for us.”
“This is, like, extremely dangerous.” “This is literally being weaponized against us, against the folks we work with,” Cullors added, implying that BLM employees had been “attacked and probed” for their financial dealings.
“Morale is extremely crucial in a company,” she remarked. “But if their organization and the people in it are being attacked and scrutinized at everything they do, that leads to deep burnout. As a result, there’s a lot of resistance and trauma.”
On request, charitable organizations must make their 990 forms available to the public.
Cullors’ remarks come just days after a New York Magazine investigation revealed the BLM’s acquisition of a “secretly bought” Southern California mansion with charity monies. The report was eventually corroborated by The Washington Post.
Cullors later claimed the house was not purchased because it needed “repairs and remodeling,” and criticized the magazine’s piece as a “despicable abuse of a platform that’s supposed to deliver public information.”
“The fact that a reputable publication would allow a reporter, with a proven and very public bias against me and other Black leaders, to write a piece filled with misinformation, innuendo and incendiary opinions, is disheartening and unacceptable,” she wrote in an Instagram post last week.
Dyane Pascall, the financial manager for an LLC run by Cullors and her husband, bought the house two weeks after the BLM got $66.5 million from its fiscal sponsor.
According to New York Magazine, ownership was promptly moved to a Delaware LLC, assuring that the property’s owner would not be revealed.
According to NBC News, Cullors described the residence as a “haven, as a safe area” that she used as the FBI investigated a death threat against her in a phone call with reporters on Monday.
This piece was written by Staff Writer on April 16, 2022. It originally appeared in DrewBerquist.com and is used by permission.
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