Accounting gimmick delays Black Lives Matter foundation disclosing $60 MILLION bankroll

2/16/2022- 7:19 p.m.

Accounting gimmick delays Black Lives Matter foundation disclosing $60 MILLION bankroll

The national org of BLM has used an accounting maneuver to delay reporting of what became of its $60 million bankroll from 2020.

The foundation changed its accounting cycle from calendar, to cycle year – buying until mid-May to disclose what it did with the millions that filled its coffers.

A charity watchdog slammed the BLM foundation, calling it the “worst transparency issue,” he’s seen in his 18 years in the industry.