Don't you just hate it when Left groups attack each other.
A progressive non-profit is being sued by BLM for sponsoring pro-Palestine groups and fueling college campus protests as well as withholding over $33 million in donations.
www.dailymail.co.uk
Black Lives Matter Global Network Foundation (BLMGNF) is suing Tides Foundation for fraud, according to a bombshell lawsuit.
Tides is a Los Angeles and San Francisco-based nonprofit that acts as a fiscal sponsor that collects donations for group that don't have 501(c)(3) tax-exempt status, according to the
New York Post.
The company managed more than $1.4billion in assets and functions as a bank that organizations deposit money to - but the group acts without any banking regulations.
Tides verbally assured the BLM activist network that the donations would be returned when the organization received tax-exempt status. The organization takes a percentage of all donation to manage a group's funds, according to the lawsuit.
Tides have denied wrongdoing and called the allegations 'completely false,' saying in a statement. 'Resources in the Black Lives Matter [collective action fund] were never intended to be granted to large, well-funded national organizations like Black Lives Matter Global Network Foundation, and were always intended to be granted to local Black Lives Matter chapters.