New York Post:
The Black Lives Matter movement has sparked an outpouring of more than $1 billion in corporate giving — and launched a wild scramble for the cash among a dozen BLM groups scattered across the country.
Some are for-profit, some are nonprofit but all are positioned to claim big bucks in corporate pledges from companies such as Bank of America, Walmart and Facebook.
Four are already in trouble with the IRS, according to public records.
They show that BLM charities in New York, Vermont, Florida and South Carolina have had their nonprofit status revoked by the IRS for failing to file annual returns.
There’s also confusion among the groups, along with a lack of transparency, which is alarming watchdogs.
Read more at The New York Post
