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The Tides Foundation is also responsible for shelling out cash to fund the Anti-Israel Protests and also happen to be a major Biden donor. This is the hot topic right now for these Far Leftist Activists... Sorry BLM, the ride is over.
The nonprofit, San Francisco-based Tides Foundation, has been given over $22 million for different causes. The Tides Foundation has then given millions to liberal organizations who have all organized pro-Palestinian protests, according to the Capital Research Center.
Two of the organizers supporting the protests at Columbia University and on other campuses are Jewish Voice for Peace and IfNotNow. Both are supported by the Tides Foundation, which is seeded by Democratic megadonor George Soros and was previously supported by the Bill and Melinda Gates Foundation.
www.foxnews.com
The Mass Liberation Project's Arizona chapter, which is a direct affiliate of the Tides Foundation, has accused the U.S. government of "ethnic cleansing of Palestinian people," and also paints Hamas in a positive light.
"We acknowledge Hamas as a legitimate political actor and democratically elected Gazan resistance working to free Palestinian people," a page on the Mass Liberation Project's Arizona chapter's website states. "We unequivocally support Palestine’s demands and acknowledge Operation Al-Aqsa Flood as a necessary step to secure Palestine’s freedom.
Anyway,
Unfortunately for BLM... No one cares anymore. The graft is over. However, those living high off corporate donors aren't ready to give up the grifter life quite yet.
Back in 2020... BLM was the new hotness.
However, BLM (hilariously) accuses the Tides Foundation of mismanaging funds and refusing to pay out owed donations.
news.bloomberglaw.com
Black Lives Matter Global Network Foundation Inc. is suing in California state court its one-time partner, the Tides Foundation, saying the fund is withholding and has “egregiously mismanaged” more than $33 million in donations earmarked for Black Lives Matter.
After the Black Lives Matter movement surged following the 2020 police murder of George Floyd, donations flowed to the BLM GNF nonprofit. Established in 2017 to center Black political advocacy and invest in Black communities, the organization didn’t have tax-exempt status. As a result, it enlisted the Tides Foundation, a left-leaning donor advised fund based in San Francisco, to help it accept donations, “parking” the funds with Tides.
Black Lives Matter said in its lawsuit that the Tides Foundation gave oral promises that the funds would be available to Black Lives Matter, as soon as it received its tax-exempt status. BLM ended its relationship with Tides in 2022, according to the complaint, and Tides has refused to transfer millions of dollars in funds to BLM, according to the complaint.
Tides manages over $1.4 billion in assets—more than many regulated community banks—allegedly acting like a bank without licensing, while preying on Black- and Brown-led organizations, according to the complaint filed Monday by the Black Lives Matter Global Network Foundation Inc. in California Superior Court, Los Angeles County.
In a 2020 oral contract, Tides led the nonprofit to believe that donations solicited toward a “collective action fund” were meant for BLM GNF and would be easily and readily available for distribution toward Black causes at the nonprofit’s request. Instead, Tides deliberately sent part of the funds to third-party organizations without BLM GNF’s authorization, the complaint said.
BLM GNF seeks at least $33.4 million in damages.
BLM GNF’s finances have been under scrutiny for years, with allegations that leaders purchased a $6 million house using donations kicking off fraud claims in California state court.
Uh Oh... Yes. This is the same BLM Group whose leaders were out buying properties and living the good life off donations. It's amazing how far they've fallen since the good old days of 2020, when money was flowing in and they could spend it as they wished. Never realizing there could be a rainy day in the future when the river of money would dry up.
MONEY APR. 4, 2022
nymag.com
If it's not obvious by now... these "protests" and "activist groups" are nothing buy money grabbing scams. The same of any of these "Marxist" organizations. Enabled by the useful idiots on campuses who don't even know what they're protesting. They've got Democrats in their pockets with millions in political donations. In no way do these groups represent the Democratic base, young Democrats support Palestinians, older Democrats support Israel. However, these activist groups are well funded... and we all know Politicians will bend to the wind of money.
The financial pressure they're exerting on Biden now is coming to fruit for Gaza. With Biden starting to waffle on sending aid to Israel. You think he cares about these protests?
Never forget in 2020, when Democrats were slobbering on the feet of BLM. Seems so long ago now...
lol... Look at that goof Shumer....
This is the last gasp of one of the largest BLM groups in the country... which at one time had $90-$80 Million per year in donations.... Now receiving less than $9 Million in 2022. Net assets for the group is under $30 Million... eye opening since the group pulled almost $250 Million over a three year period.
Where has it gone?
www.dailymail.co.uk
It'll be interesting to see where BLM GNF is financially when it's 2023 statements come out this year. Based on this lawsuit, which reeks of desperation, it's going to be ugly.
Pro-Palestinian protesters are backed by a surprising source: Biden’s biggest donors
A nonprofit that has received donations from George Soros has been bankrolling groups who have hosted pro-Palestinian rallies, according to a watchdog group.The nonprofit, San Francisco-based Tides Foundation, has been given over $22 million for different causes. The Tides Foundation has then given millions to liberal organizations who have all organized pro-Palestinian protests, according to the Capital Research Center.
Two of the organizers supporting the protests at Columbia University and on other campuses are Jewish Voice for Peace and IfNotNow. Both are supported by the Tides Foundation, which is seeded by Democratic megadonor George Soros and was previously supported by the Bill and Melinda Gates Foundation.
Soros' foundation funds nonprofit that finances pro-Palestine protests: Watchdog group
George Soros' nonprofit has been bankrolling organizations who have hosted pro-Palestinian rallies, according to a D.C. watchdog group.
www.foxnews.com
"We acknowledge Hamas as a legitimate political actor and democratically elected Gazan resistance working to free Palestinian people," a page on the Mass Liberation Project's Arizona chapter's website states. "We unequivocally support Palestine’s demands and acknowledge Operation Al-Aqsa Flood as a necessary step to secure Palestine’s freedom.
Anyway,
Unfortunately for BLM... No one cares anymore. The graft is over. However, those living high off corporate donors aren't ready to give up the grifter life quite yet.
Back in 2020... BLM was the new hotness.
However, BLM (hilariously) accuses the Tides Foundation of mismanaging funds and refusing to pay out owed donations.
BLM Nonprofit Says Tides Foundation Mismanaged $33 Million
BLM Nonprofit Says Tides Foundation Mismanaged $33 Million (1)
Black Lives Matter Global Network Foundation Inc. is suing in California state court its one-time partner, the Tides Foundation, saying the fund is withholding and has “egregiously mismanaged” more than $33 million in donations earmarked for Black Lives Matter.
After the Black Lives Matter movement surged following the 2020 police murder of George Floyd, donations flowed to the BLM GNF nonprofit. Established in 2017 to center Black political advocacy and invest in Black communities, the organization didn’t have tax-exempt status. As a result, it enlisted the Tides Foundation, a left-leaning donor advised fund based in San Francisco, to help it accept donations, “parking” the funds with Tides.
Black Lives Matter said in its lawsuit that the Tides Foundation gave oral promises that the funds would be available to Black Lives Matter, as soon as it received its tax-exempt status. BLM ended its relationship with Tides in 2022, according to the complaint, and Tides has refused to transfer millions of dollars in funds to BLM, according to the complaint.
Tides manages over $1.4 billion in assets—more than many regulated community banks—allegedly acting like a bank without licensing, while preying on Black- and Brown-led organizations, according to the complaint filed Monday by the Black Lives Matter Global Network Foundation Inc. in California Superior Court, Los Angeles County.
In a 2020 oral contract, Tides led the nonprofit to believe that donations solicited toward a “collective action fund” were meant for BLM GNF and would be easily and readily available for distribution toward Black causes at the nonprofit’s request. Instead, Tides deliberately sent part of the funds to third-party organizations without BLM GNF’s authorization, the complaint said.
BLM GNF seeks at least $33.4 million in damages.
BLM GNF’s finances have been under scrutiny for years, with allegations that leaders purchased a $6 million house using donations kicking off fraud claims in California state court.
Uh Oh... Yes. This is the same BLM Group whose leaders were out buying properties and living the good life off donations. It's amazing how far they've fallen since the good old days of 2020, when money was flowing in and they could spend it as they wished. Never realizing there could be a rainy day in the future when the river of money would dry up.
MONEY APR. 4, 2022
Black Lives Matter Secretly Bought a $6 Million House Allies and critics alike have questioned where the organization’s money has gone.
Black Lives Matter Secretly Bought a $6 Million House
Allies and critics alike have questioned where the organization’s money has gone.
nymag.com
If it's not obvious by now... these "protests" and "activist groups" are nothing buy money grabbing scams. The same of any of these "Marxist" organizations. Enabled by the useful idiots on campuses who don't even know what they're protesting. They've got Democrats in their pockets with millions in political donations. In no way do these groups represent the Democratic base, young Democrats support Palestinians, older Democrats support Israel. However, these activist groups are well funded... and we all know Politicians will bend to the wind of money.
The financial pressure they're exerting on Biden now is coming to fruit for Gaza. With Biden starting to waffle on sending aid to Israel. You think he cares about these protests?
Never forget in 2020, when Democrats were slobbering on the feet of BLM. Seems so long ago now...
lol... Look at that goof Shumer....
The Embarrassment of Democrats Wearing Kente-Cloth Stoles
Senator Chuck Schumer and Representative Steny Hoyer wore their stoles over dark suits, as did Senator Kamala Harris. On House Speaker Nancy Pelosi, who chose to wear bright red, evidently to coördinate with the rhombuses of green and blue in the cloth, the fabric swung, giving her an inappropriate swagger. There is no event that is too sombre to extinguish the need for style, which we should never dismiss as a frivolity; clothing can communicate dissent or alliance, belonging and political belief —felt not just misguided but like an outright mockery. The need to deliver a photo op overcame consideration of what the resulting pictures would communicate.This is the last gasp of one of the largest BLM groups in the country... which at one time had $90-$80 Million per year in donations.... Now receiving less than $9 Million in 2022. Net assets for the group is under $30 Million... eye opening since the group pulled almost $250 Million over a three year period.
Where has it gone?
Black Lives Matter is headed for insolvency after plunging $8.5M into the red - but founder Patrisse Cullors' brother was still paid $1.6M for 'security services' in 2022, while sister of board member earned $1.1M for 'consulting'
BLM headed for INSOLVENCY after plunging $8.5M into the red
BLM's Global Network Foundation, which officially emerged in November 2020, is in dire financial straits, according to its most recent financial disclosure.
It'll be interesting to see where BLM GNF is financially when it's 2023 statements come out this year. Based on this lawsuit, which reeks of desperation, it's going to be ugly.
