Donations to Black Lives Matter-related causes over the past 7 months rival Amazon’s total profits for all of 2019 — which was a record-breaking year for the online retail giant.
Donations to Black Lives Matter-related causes since May were $10.6bn https://t.co/BRm4Q2jne2
— The Economist (@TheEconomist) December 12, 2020
— Hot Topic Richboi (@whiteboycryalot) December 15, 2020
According to the Economist, BLM is planning to start a bank and has already begun giving money to “gay rights groups” (75 percent of black people voted to ban gay marriage in California in 2008 but the figureheads who run the Black Lives Matter organization are two self-described “queer lesbians” who say on their official website their goal is to “foster a queer‐affirming network” with “the intention of freeing ourselves from the tight grip of heteronormative thinking”).
From The Economist, “Six months after mass protests began, what is the future of BLM?”:
Start with the great fire-hose of money pointed at BLM groups and sympathisers. The example of Niko Georgiades of Unicorn Riot, a non-profit, left-leaning media firm that posted early footage of protests in Minneapolis, is instructive. Thanks to online donations, within a couple of months his almost-broke outfit went from $8,000 in the bank to nearly $650,000. That’s enough to keep operating for another five years, he says joyfully. Ms McKnight saw donations flood in from people in America, Europe, Japan and Brazil. Within a month of the protests, BLM’s national network had to scramble to offer a first round of $6.5m in grants—far more than ever before—to city chapters, gay-rights groups and others.
That was just a start. Vastly larger promises and sums followed as employee and corporate donors, as well as rich individuals, joined the gift-giving. Donations to BLM-related causes since May were $10.6bn. Exact sums received will be known when the central body overseeing BLM spending publishes its finances (confusingly it relies on another entity, a “fiscal sponsor”, the Tides Foundation, to oversee its books).
Remember, the Tides Foundation which is handling BLM’s money had convicted terrorist Susan Rosenberg on their board.