Black Lives Matter Global Network Foundation (BLMGNF) came under fire after newly released tax documents showed that the organization approved lucrative contracts to firms owned by members of its leadership and their families, raising considerable ethical concerns. The Daily Caller News Foundation reported that BLMGNF “has no independent oversight,” and the charity’s board is too small to effectively guard against the misuse of funds. BLMGNF poured millions of dollars into private companies owned by interested parties between July 2022 and June 2023, which experts say are unacceptable practices that raise serious conflicts of interest and destroys public trust.
Charity Watch Executive Director Laurie Styron called on Americans to be angry that charitable dollars are being channeled to interested parties without adequate oversight. She said, “Charities are expected to avoid both real and perceived conflicts of interest to maintain public trust. […]
— Read More: www.rvmnews.com
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