Posts Tagged ‘IRS’

Black Lives Matter Global Network uses a non-profit fundraising technology company used by many democrats and leftist organizations, ActBlue(1). This organization has at least three branches(2): one for 501(c)3s – charities, one of 501(c)4s – civics, and one for a PAC. BLM uses the charities branch as a pass-through.
When a person donates via the ActBlue platform, their receipt(3) provides them with a tax ID number that is associated with a 501(c)3 charity called Thousand Currents(4), formerly legally known as IBEX.
Thousand Currents entered into a fiscal sponsorship agreement with Black Lives Matter back in 2016(5,6). This makes BLM basically a “project” of the legally recognized, pre-existing charity(7). The group running the Black Lives Matter website, the women who started the hashtag, do not have their own 501(c)3 or tax ID number. Some local chapters, and some scams, do.
Audits and 990 Filings are published on Thousand Currents’ website(8), and 990s are available through the IRS(9). They document that (at least for a year after the donation is made) the sponsoring organization is holding donations earmarked for BLM in a separate account, restricted from general fund use. These funds are by far the majority of their revenue. These tax documents also record paying the salary of the managing director of BLM.
As far as I can tell, there are no public breakdowns of how money donated to Black Lives Matter is allocated. Since suspicions(10,11) have been making internet rounds this week, BLM has announced a $6.5 million fund(12) to support local affiliates in grassroots organizing work. They also announced intentions to develop a curriculum in line with their worldview and activism goals. Accusations that funds donated through Black Lives Matter were funneled directly by ActBlue’s PAC to Democrat candidates seem to be unfounded. However, the fine print(13) on ActBlue does say that allocated funds from uncashed checks will be moved to ActBlue to support its “social welfare activities” (if you were donating to a 501(c)4) or ActBlue Charities (if you were donating to a 501(c)3). I have not been able to determine how such funds are used. 
(2) ActBlue, “What is the difference between ActBlue, ActBlue Civics, AB Charities, and ActBlue Technical Services?”, accessed June 12, 2020 https://support.actblue.com/donors/about-actblue/what-is-the-difference-between-actblue-actblue-civics-ab-charities-and-actblue-technical-services/?fbclid=IwAR3j5frLc-aQ7IctBXvG9-3XQgRmemMqmJCiCZ2K00bxd5Ob5qMrz-knv10 
(3) Taylor @_aambush on Twitter June 1, 2020, accessed June 12, 2020 https://mobile.twitter.com/_aambush/status/1267681478739099648?fbclid=IwAR0MT2PbxPxRHwM6P1TiZOUUs2AdsmAkRGf-rsGiS7ccUZoIYnUVoqNJaSQ (also many such examples when googling images including Tax ID 77-0071852)
(5) Thousand Currents Press Release: “IDEX and Black Lives Matter announce global partnership” September 6, 2016, accessed June 12, 2020 https://thousandcurrents.org/idex-and-black-lives-matter-announce-global-partnership/?fbclid=IwAR3j5frLc-aQ7IctBXvG9-3XQgRmemMqmJCiCZ2K00bxd5Ob5qMrz-knv10 
(7) National Council of Nonprofits: “Fiscal Sponsorship for Nonprofits”, accessed June 12, 2020 https://www.councilofnonprofits.org/tools-resources/fiscal-sponsorship-nonprofits
(8) Thousand Currents Financials, website and PDFs accessed June 12, 2020 https://thousandcurrents.org/financials/?fbclid=IwAR1UaJ-AxOquTrAa8ZBOwiO_127h14k0l7cqPq1jD4Jf8ukCKcwslh514PI 
(11) Candace Owens @RealCandaceO on Twitter, June 10, 2020 accessed June 12, 2020 https://twitter.com/RealCandaceO/status/1270874599635529732 
(12) Black Lives Matter: “Black Lives Matter Global Network Foundation announces $6.5 million fund to support organizing work” June 11, 2020, accessed June 12, 20200 https://blacklivesmatter.com/black-lives-matter-global-network-foundation-announces-6-5-million-fund-to-support-organizing-work/?fbclid=IwAR0c7rENZ85iVg1d7I5hoH8lPEb1smi6FS7Vpz_aR0O47cmNP8ZCmCFK-wM 
(13) ActBlue: The Fine Print, “Re-designation of Contributions”, accessed June 12, 2020 https://secure.actblue.com/content/fineprint 
To God be all glory,
Lisa of Longbourn



Read Full Post »

You know, it’s really fulfilling to do your own taxes.  Of course I don’t think we should have to do taxes.  The government should find easier ways of confiscating our money. 
You know, it’s really exciting to be getting an income tax return.  Of course if the IRS hadn’t taken our money in the first place, we would have it already. 
You know, it’s really inspiring to do your own taxes.  Of course I think the government shouldn’t make any rules too complicated for its average citizen to carry out.  A lot of people use accountants.  I wish the IRS would put them out of business… by closing itself. 
I like understanding accounting lingo and legal jargon put into tax forms and instructions.  I find myself wondering as I scroll through pages of information irrelevant to me, “Who writes these?  What kind of life do they have?” 
GK Chesterton said he likes whole jobs: one person creates a finished item from scratch.  Taxes are like that for me, in a perverse sort of way. 
A lot of bloggers are talking about economics right now, and how easy it is to see that our economy is doomed.  Social security is doomed.  The housing market is doomed.  The stock market is doomed.  All these are likely temporary, but easy to see.  Take social security.  A few people put in money, filter it through bureaucracy and leave in in the hands of politicians for decades.  The politicians, however, do not leave it in their hands, but spend it.  When the people retire, the government tries to fulfill their promise of returning the money, but it hasn’t increased.  It has decreased through demand, inefficiency, inflation, and not being in any account in the first place.  This does not seem like a great plan. 
And this has to be evident to the smart insiders running the system.  So I ask myself, with all these simple, obvious economic truths, why would these insiders continue to promote these follies?  How did we get here?  What’s in it for the insider powers-that-be?  You have to wonder, even if you’re paranoid of becoming a conspiracy theorist. 
Don’t even get me started on the incompetent, selfish, slave-master corporations (if I who am not anything near a Marxist or socialist can talk like that, no wonder socialists and Marxists are so destructive!). 
That’s what I’ve been thinking today. 
To God be all glory,
Lisa of Longbourn

Read Full Post »