- Silicon Valley Bank (SVB) and Signature Bank New York (SBNY) donated a combined sum of $71.5 million to the Black Lives Matter (BLM) movement, according to a new database released by the Claremont Institute.
- SVB forked over a whopping $70,650,000 to BLM while, while SBNY gave $850,000 according to the records gathered by the conservative think tank.Claremont’s database cited several “social impact reports” that recorded the transactions and highlighted SVB’s pledge from early last year, to give $5 billion to companies aiming to assist with “the transition to a sustainable, low carbon, net zero emissions economy.”
SVB Forked Over Whopping $70,650,000 To BLM
In this July 29, 2020, file photo, a demonstrator kicks a tear gas canister back at federal officers during a Black Lives Matter protest at the Mark O. Hatfield U.S. Courthouse in Portland, Ore.
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