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Now It’s Public: Black Lives Matter Raked in $90 Million in Shadow Money Last Year

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A financial snapshot shared exclusively with The Associated Press shows the Black Lives Matter Global Network Foundation took in just over $90 million last year. The foundation widely seen as a steward of the Black Lives Matter movement says it took in just over $90 million last year, according to a financial snapshot shared exclusively with The Associated Press.

The Black Lives Matter Global Network Foundation is now building infrastructure to catch up to the speed of its funding and plans to use its endowment to become known for more than protests after Black Americans die at the hands of police or vigilantes.

“We want to uplift Black joy and liberation, not just Black death. We want to see Black communities thriving, not just surviving,” reads an impact report the foundation shared with the AP before releasing it. This marks the first time in the movement’s nearly eight-year history that BLM leaders have revealed a detailed look at their finances. Read more…

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