The official Black Lives Matter organization is reportedly floating on approximately $60 million – but has no senior executive to account for the nonprofit's vast fortune, according to two individuals previously offered leadership positions in the group.
investments and property purchases, leading to criticism for her perceived opulence while claiming to be a "trained Marxist." After Cullors' resignation, BLM informed the media that two new leaders would hold co-executive positions of leadership moving forward – a plan that never materialized.
"Although a media advisory was released indicating that we were tapped to play the role of Senior Co-Executives at BLMGNF, we were not able to come to an agreement with the acting Leadership Council about the scope of our work and authority," wrote Makani Themba, one of the announced executives who never actually stepped into office. The statement alleged to also represent Monifa Bandele, the other proposed BLM senior executive.
Most curious, neither Themba nor Bandele know who is currently at the helm of the organization, according to an investigation by the. While control of the organization ultimately rests with its board of directors, the management and use of funds is the responsibility of the executive director, according to BLM bylaws. With no one known to occupy the office at present, the group's finances are seemingly without oversight.
"Like a giant ghost ship full of treasure drifting in the night with no captain, no discernible crew, and no clear direction," CharityWatch Executive Director Laurie Styron told the Examiner.
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