BLM files bombshell lawsuit against progressive non-profit that's funding ... trends now
A progressive non-profit is being sued by BLM for sponsoring pro-Palestine groups and fueling college campus protests as well as withholding over $33million in donations.
Black Lives Matter Global Network Foundation (BLMGNF) is suing Tides Foundation for fraud, according to a bombshell lawsuit.
The group, which has managed hundreds of millions of dollars for left-wing groups since its creation in 1976, has allegedly withheld BLM donations.
In a 285-page lawsuit filed in California Superior Court, Los Angeles County, on Monday, it was alleged Tides 'refused to honor its promises and continues to commandeer BLMGNF's donations.'
The lawsuit claimed Tides spread an undisclosed amount of donations to an unaffiliated radical BLM breakaway group - spearheaded by anti-police activist Melina Abdullah.
The lawsuit claimed that Tides spread an undisclosed amount of donations to an unaffiliated radical BLM breakaway group - spearheaded by anti-police activist Melina Abdullah (pictured)
As well as managing BLM-related foundations, the group also manages donations for pro-Palestine activists who have been participating in anti-Israel protests nationwide
As well as managing BLM-related foundations, the group also manages donations for pro-Palestine activists who have been participating in anti-Israel protests nationwide.
Tides is a Los Angeles and San Francisco-based nonprofit that acts as a fiscal sponsor that collects donations for group that don't have 501(c)(3) tax-exempt status, according to the New York Post.
The company managed more than $1.4billion in assets and functions as a bank that organizations deposit money to - but the group acts without any banking regulations.
BLMGNF - which was founded in 2017 as the national organization of the civil rights movement - gained millions in donations following the death of George Floyd in 2020. The organization put the money raised in the hands of Tides because they did not have tax-exempt status from the IRS.
Tides verbally assured the BLM activist network that the donations would be returned when the organization received tax-exempt status. The organization takes a percentage of all donation to manage a
