The BLM money machine is opaque

Power Line:

In recent months, the Black Lives Matter organization has raised hundreds of millions of dollars (possibly into the billions) from individual and corporate donations. One Minnesota businessman gave the group $25 million. What do they do with all that cash?

The BLM web site doesn’t answer that question, nor does it even tell us what sort of a legal entity BLM is. You can donate here, but your contribution doesn’t go to BLM; at least, not directly. It goes to ActBlue Charities. ActBlue, to my knowledge, is primarily a fundraising arm of the Democratic Party, although it does raise money for far-left nonprofits as well.

The BLM Donate page also says that “[y]our contribution will benefit Black Lives Matter Support Fund at Tides Foundation.” You can read about the Tides Foundation here. It funnels enormous amounts of money to a variety of far-left organizations.

I have no idea what BLM will do with the vast sums of money it is now raising. Maybe, like the Southern Poverty Law Center, it will have more money than it knows what to do with, and will store large amounts of cash in offshore accounts. That is probably the least destructive use of donated money.

BLM is a decentralized organization, and donations can be made to local chapters. The founder of BLM’s Greater Atlanta chapter has been charged with fraud following an FBI investigation....

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He is accused of using some of the money to buy a house.  It just seems strange that so many companies would donate huge amounts of money to a Marxist group that seeks the destruction of capitalism.  It is beginning to look like more of a protection racket to keep them from committing arson looting and other mayhem on their businesses.