Recent tax filings have resulted in renewed scrutiny over Black Lives Matter co-founder Patrisse Cullors’ use of charity funds that includes an $840,000 job to her brother to provide security for the nonprofit, social justice group.
According to tax documents filed with the IRS, Cullors’ brother, Paul Cullors, received the money in the last fiscal year.
In addition, Damon Turner, the father of Cullors’ child, received a $970,000 payment for helping to produce “live events” as well as additional “creative services,” the filings also show.
The organization closed its last fiscal year, which ended on June 30, 2021, with $42 million in net assets.
According to a member of the board, the organization has an annual operating budget of about $4 million. The tax document – a 990 form that all nonprofits must file if they want to maintain their tax-exempt status – also shows the group spent an additional $37 million on foundation grants, real estate, and chartered private flights.
In addition, $32 million was invested in the stock market. The investments, says the organization, will become an endowment to ensure the continuation of the entity’s work into the future. MORE