BLM foundation tax form: $16M went to local chapters, $42M in assets, almost $2M paid to co-founder’s ex and brother

The filing shows co-founder Patrisse Cullors reimbursed the organization $73,523 for a charter flight for foundation-related travel.

NEW YORK (AP) — The foundation started by organizers of the Black Lives Matter movement is still worth tens of millions of dollars, after spending more than $37 million on grants, real estate, consultants, and other expenses, according to tax documents filed with the IRS.

In a new, 63-page Form 990 shared exclusively with The Associated Press, the Black Lives Matter Global Network Foundation Inc. reports that it invested $32 million in stocks from the  today!

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