We reported on June 30th that BLM is connected to a terrorist pardoned by Bill Clinton his last day in office and other connections between the Democrat Party and BLM:
We were the first to report that BLM was raising money using ActBlue as a resource. The Daily Caller confirmed this and reported that BLM is not a non-profit organization and nonprofit organization (Thousand Currents) said it provides ‘fiduciary oversight, financial management, and other administrative services to BLM.
Candace Owens reported on the BLM – ActBlue relationship and was targeted by a bogus fact-checker. Tom Fitton from Judicial Watch jumped in and stated that the findings confirmed what we and Candace Owens reported:
ActBlue reported in May; it processed a record of $177.9 million in monthly donations, which resulted in a 180% increase over 2019. An unprecedented amount of charitable and political donations thanks to the Black Lives Matter hyper activism.
ActBlue seems straightforward, but the general public is not aware of the concealed complexities, lack of transparency, and possible diversion of funds.
Black Lives Matter Global Network has received substantial national news coverage, and it recently received $6.5 million in donations. The network is an unincorporated pseudo organization, and according to the IRS, it is not a 501(C)(3) charity, nor is it registered with the California charity registry. Why is it able to receive charitable donations…by using the Thousand Currents 501(C)(3) charity through what is known as ‘fiscal sponsorship’?
Fiscal sponsorships funnel money through a “conduit arrangement” between a nonprofit sponsor like Thousand Currents to a pseudo organization or a group of individuals to exploit the IRS tax code. Donors should receive a tax deduction receipt from the fiscal sponsor.