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AP Exclusive: Black Lives Matter opens up about its finances

THE DAILY REFORMER (NEW YORK, UNITED STATES)

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 foundation said it committed $21.7 million in grant funding to official and unofficial BLM chapters, as well as 30 (b)lack-led local organizations. It ended 2020 with a balance of more than $60 million, after spending nearly a quarter of its assets on the grant funds and other charitable giving. In its report, the BLM foundation said individual donations via its main fundraising platform averaged…

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