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BLM Fundraising Down 88 Percent

People hold up placards in support of the Black Lives Matter movement as they take part in the inaugural Million People March march from Notting Hill to Hyde Park in London on August 30, 2020, to put pressure on the UK Government into changing the "UK's institutional and systemic racism". - The march is organised by The Million People Movement, and takes place on the bank holiday weekend usually associated with the Notting Hill Carnival, this year cancelled due to the coronavirus covid-19 pandemic. (Photo by JUSTIN TALLIS / AFP) (Photo by JUSTIN TALLIS/AFP via Getty Images)
  • The Black Lives Matter Global Network Foundation raised just $9.3 million in the fiscal year ending in June 2022—an 88 percent decrease from the year prior, according to records obtained by the Washington Free Beacon.
  • It’s a staggering decline from Black Lives Matter’s heyday in the summer of 2020, when it parlayed the nationwide unrest that followed George Floyd’s death into an $80 million financial bonanza.
  • The Black Lives Matter charity used that windfall to accumulate property and spread wealth to leadership.
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