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Black Lives Issue co-founder Patrisse Cullors to step down amid Concerns about Financing

Black Lives Issue co-founder Patrisse Cullors is stepping down from her job as executive manager of this activist group's central base amid concerns about her financing.

She held the top post at Black Lives Issue Global Network Foundation for at least five decades.

The activist said she'd created"the crucial bones and base" in the company and felt that the"timing is right" to depart. She claimed that her departure has been intended for at least a year and has been unrelated to scrutiny about her personal financing.

"People were right-wing strikes that tried to discredit my personality, and that I really don't run from everything the right thinks of me," Cullors explained.

Cullors' finances attracted attention in April following the New York Post reported that she had bought four houses to get $3.2 million. The report prompted Hawk Newsome, the mind of Dark Lives Matter Greater New York City, to involve an"independent investigation" to the base's finances. Both associations aren't affiliated.

Critics have pointed out that Cullors purchased the high-end houses despite speaking to himself as a"trained Marxist" previously.

At the moment, Cullors stated allegations that she accentuated herself donations intended for Black Lives Matter were'categorically untrue." She denied that she received a salary in the base, asserting her income came from different sources, like profits from book sales and a YouTube deal.

"I believe I will be visible, since I will not be at the helm of one of the greatest, most contentious organizations at this time at the history of the movement," Cullors mentioned about her forthcoming departure from the base.

"As a registered 501c3 nonprofit company, (the base ) can't and didn't perpetrate any organizational tools supporting the purchase of private property by any worker or volunteer," the foundation said in a statement.

The Associated Press formerly reported that the BLM Foundation took in roughly $90 million in 2020 and finished the year with a balance of over $60 million.

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