There were two reasons for forming Black Lives Matter eight years ago. The public reason was to fight system racism in law enforcement that the founders believed caused both mass incarceration of young Black males as well as their deaths at the hands of cops. The private reason was to usher in a Neo-Marxist revolution in America.
The only thing that has changed with their private reasoning is that it has been made even more private. They’ve scrubbed their website of many socialist principles that pointed towards their true motivations while trying to scrub various videos from the internet of their founders proclaiming their Neo-Marxist ideology. As for the public reason, it has essentially disappeared other than its one effective purpose: fundraising.
In 2020, the international organization raised a whopping $90 million. By comparison, the NRA raised $23 million the year before. But BLM has never published their financial data until now, and in it lies some items that should not only concern Americans opposed to Neo-Marxism, but should also concern their donors. Of the money they’re claim to have spent, none of their tremendous 2020 haul went to programs designed to stop systemic racism in law enforcement.
Under $9 million went to administrative costs such as salaries. Credit should go where credit is due, so it should be noted that being under 10% for administrative and operating expenses is very good. They’ve saved $60 million which is also a positive development for such a young organization. But the other $22 million is very concerning.
It isn’t going towards their stated mission of keeping Black people out of jail and alive. Instead, it’s going to helping Black-owned businesses. On the surface, this seems like a positive as well, but when we consider the facts it’s all very sketchy.
First and foremost, their claim that much of that money went to local BLM chapters is contested by actual local BLM chapters. They’ve complained publicly on numerous occasions throughout 2020 and into this year that they’re not seeing the funds they would have expected from their parent organization. If it’s not going to them, then who are the other businesses that are getting the money?
This is where it gets concerning. It is difficult to find any information on BLM contributions to Black-owned businesses. It’s the type of thing that would be promoted by BLM and thoroughly amplified by local and even national press. A donation of a few thousand dollars to help a struggling local business would make the news, but we’re seeing nothing like that at all.
There isn’t enough public information available or data within their report that would allow us to make direct accusations, but it’s a practice among many political organizations to give money to “friendly” businesses. For example, Congresswoman Ilhan Omar was caught funneling $2.8 million of her campaign’s funds to her husband’s failing business.
In the latest episode of NOQ Report, I talked about this in detail. I also had the pleasure of interview Second Amendment Foundation’s Glen Caroline as we discussed what Americans can do even under a Biden administration to protect our Second Amendment rights. It was a fascinating interview, our second with Caroline.
Finally, we discussed Marjorie Taylor Greene.
Neither politicians nor mainstream media will hold BLM accountable. It’s up to American citizens to ask questions and follow the money, especially after their huge paydays. If not to fight systemic racism, how is the money being spent?
Watch the podcast video on Rumble:
COVID-19 lockdowns are taking down an independent news outlet
Nobody said running a media site would be easy. We could use some help keeping this site afloat.
Colleagues have called me the worst fundraiser ever. My skills are squarely rooted on the journalistic side of running a news outlet. Paying the bills has never been my forte, but we’ve survived. We have ads on the site that help, but since the site’s inception this has been a labor of love that otherwise doesn’t bring in the level of revenue necessary to justify it.
When I left a nice, corporate career in 2017, I did so knowing I wouldn’t make nearly as much money. But what we do at NOQ Report to deliver the truth and fight the progressive mainstream media narrative that has plagued this nation is too important for me to sacrifice it for the sake of wealth. We know we’ll never make a ton of money this way, and we’re okay with that.
Things have become harder with the coronavirus lockdowns. Both ad money and donations that have kept us afloat for a while have dropped dramatically. We thought we could weather the storm, but the resurgence of lockdowns that mainstream media and Democrats are pushing has put our prospects in jeopardy. In short, we are now in desperate need of financial assistance.
The best way NOQ Report readers can help is to donate. Our Giving Fuel page makes it easy to donate one-time or monthly. Alternatively, you can donate through PayPal as well. We need approximately $17,300 to stay afloat through March when we hope the economy will be more open, but more would be wonderful and any amount that brings us closer to our goal is greatly appreciated.
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We’re heading in the right direction and we believe we’re ready talk to patriotic investors who want to not only “get in on the action” but more importantly who want to help America hear the truth. Interested investors should contact me directly with the contact button above.
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