BLM co-founder's nonprofit flooded with secret cash from tech titan fund

Posted 53 days ago

From WWW.FOXNEWS.COM

A dark money nonprofit chaired by Black Lives Matter co-founder Patrisse Cullors has received a majority of its recent cash from a secretive fund used by Silicon Valley tech giants, filings show.

Cullors' nonprofit, Dignity and Power Now, pulled in $4.2 million in undisclosed contributions in 2020, its most recent tax forms show. But while the group does not identify its financial backers, Fox News Digital has discovered that $2.5 million of that amount was funneled through the Silicon Valley Community Foundation and into the BLM activist's social justice nonprofit.

"There is nothing 'dark' or non-transparent about money Fox was so easily able to identify the source and documentation for," said Mark-Anthony Clayton-Johnson, Dignity and Power Now's executive director.

A "dark money" group is an entity that does not disclose its funding sources, and Cullors' nonprofit does not make its donors public. Fox News Digital's discovery of the $2.5 million in contributions was a result of browsing dozens of 990 tax forms of charitable foundations. The Silicon Valley money made up nearly 60% of its 2020 fundraising haul.

"When we choose to accept philanthropic dollars, it is grounded in the commitment and reality that we move resources directly towards improving the lives of Black and Brown communities whom we serve and are accountable to," he continued. "Our impact and work speaks for itself and we are proud to continue doing it."

"If what you publish contains falsehoods and distortions, we will respond accordingly," Clayton-Jonnson said.

The Silicon Valley Community Foundation is a massive donor-advised fund linked to several big-name tech titans. Netflix co-founder Reed Hastings, Facebook co-founder Mark Zuckerberg and former Twitter CEO Jack Dorsey have all parked money in the organization.

According to its tax forms, it received $2.1 billion in contributions in 2020, making it one of the largest funds in the United States.

However, it is impossible to determine what individual(s) funded Cullors' group from the foundation. It does not name who steers cash into it, and it also does not report which of its donors directs their cash from the fund to outside groups.

The Silicon Valley Community Foundation maintained a relatively low profile until its leaders became embroiled in controversy over its "toxic" work environment, including bullying and sexual harassment.

Emmett Carson, the former president and CEO of the Silicon Valley Community Foundation, was ousted from his position and received $300,000 in severance pay after the fallout, The Mercury News reported.

Groups linked to Cullors have received hefty funding from identi... (Read more)