New York
The Black Lives Matter Global Network Foundation is formally expanding a $3 million financial relief fund that it quietly launched earlier this month, to help people struggling to make ends meet during the ongoing coronavirus pandemic.
The foundation, which grew out of the creation of the Black Lives Matter (BLM) movement nearly eight years ago, said Thursday that it plans to make up to 3,000 microgrants of $1,000 each to people who it believes need it most. The BLM foundation has already begun asking recipients to apply for the Survival Fund grants as it builds out its philanthropic arm.
If approved, the money is deposited directly into recipients’ bank accounts or made available on prepaid debit cards, the foundation said – no strings attached.
NEW YORK The Black Lives Matter Global Network Foundation is formally expanding a US$3 million financial relief fund that it quietly launched earlier this month, to help people struggling to make ends meet during the ongoing coronavirus pandemic. The foundation, which grew out of the creation of the Black Lives Matter movement nearly eight years ago, said Thursday that it plans to make up to 3,000 microgrants of $1,000 each to people who it believes need it most. The BLM foundation has already begun asking recipients to apply for the Survival Fund grants as it builds out its philanthropic arm. If approved, the money is deposited directly into recipients bank accounts or made available on prepaid debit cards, the foundation said no strings attached.
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Black Lives Matter foundation raised more than $90M in 2020 Print this article
The Black Lives Matter Global Network Foundation claims to have raised more than $90 million in 2020, a year filled with protests against racial inequality and police brutality.
A report released this week also said that the foundation had $8.4 million in expenses in 2020 and announced plans to share $21.7 million in grants to a variety of leftist activist groups and local BLM chapters.
Patrisse Cullors, the executive director of the BLM Global Network Foundation and a self-described Marxist who formed the BLM national organization with Alicia Garza and Opal Tometi, claimed in a new letter this week that “in July, we paused for a moment as we were inundated with a surge of interest, attention, and allies.” She said that “our network of almost twenty chapters at the time came together to ideate something different; an entity and structure that could remain true to the grassroots origins of