Crime and Police / Politics

Corporate America Gave $83.1 Billion to Black Lives Matter

AMAC Exclusive – By Aaron Flanigan

BLM

In a brand new database, the Claremont Institute, a California-based conservative think tank, assessed hundreds of corporations’ pledges and contributions to the Black Lives Matter (BLM) movement and other related left-wing causes, shedding new light on who funded the riots that devastated many U.S. cities in the summer of 2020.

The Black Lives Matter Funding Database, which assesses the contributions of hundreds of American companies, found that an astounding $83.1 billion have been given to BLM and related initiatives since 2020, which the Institute says is “more than the GDP of 46 African countries.”

The database, launched on March 14, is the first such initiative targeting the BLM movement, which played a significant role in fueling the mass riots in America’s cities in 2020 and, among other radical policy prescriptions, has vowed to “disrupt the Western-prescribed nuclear family structure.”

The leaders of the BLM movement are also notoriously corrupt. Tax filings last year revealed that one of the organizations co-founders dished out hundreds of thousands of dollars to her family members for obscure “creative services.” Another one of the group’s leaders allegedly bought a $6 million mansion with charity funds.

“Until the release of Claremont’s BLM database, there has been no systematic attempt to collate and centralize corporate giving to the greatest shakedown of the American economy by left-wing activists,” the press release said. “We hope that the information brought to light by our database proves useful to those wishing to hold companies accountable for their actions.”

“The politics of racial grievance and anti-meritocracy are indeed profitable, and have been brought to us, as it turns out, by some of the biggest name-brand corporations in the world. Everyone from Coca-Cola to Google is complicit,” the press release continued.

Implicated companies include corporate giants like JPMorgan Chase, Microsoft, Bank of America, Starbucks, Target, PayPal, and the recently collapsed Silicon Valley Bank.

The database was funded by the Institute’s recently opened Washington, D.C.-based Center for the American Way of Life, the mission of which is to defend “republican self-government against the existential threat of identity politics.”

Among the biggest contributors to BLM, according to the database, is JPMorgan Chase, which pledged $30 billion to its so-called “Racial Equity Commitment,” which directs billions of dollars in investments to closing “the racial wealth gap” and building “diversity into the supply chain.” Microsoft pledged $244 million to similar initiatives, including $250,000 to bail out rioters during the George Floyd riots of 2020.

Notably, Claremont found that the Silicon Valley Bank—which collapsed just days before the release of the database—donated more than $70 million to BLM-adjacent organizations. In an August 2020 report from the group, the Bank’s CEO wrote that the group would emphasize its commitment to causes like “social justice, sustainability, and supporting women, Black and Latinx emerging talent, and other underrepresented groups.”

As Claremont notes, these corporate contributions come with drastic implications for shareholders and will likely make companies vulnerable to lawsuits based on breaches of fiduciary duty.

“This redistribution of corporate wealth—wealth that rightly belongs to shareholders, including pensioners and retirees, and that should have been used for increased wages, dividends, stock buybacks, capital investment, or research and development—is historic, and may be viewed as a form of reparations made to self-declared enemies of the American nation and way of life,” the group said. “And such a wealth transfer is inconceivable without BLM.”

The Institute also proposed several ways Congress and other federal actors can begin to buck the trend of corporate giving to radical left-wing causes.

“There are several ways to address this threat, including reining in corporate ‘charitable’ giving, reforming nonprofit law, and freeing companies from the clutch of ESG. Any of these will require action by regulators or Congress, both of which have proven spineless,” the Claremont Institute wrote in a Newsweek op-ed. “Casting light on the issue is the first step toward fixing the problem, but the work has just begun.”

Corporate America’s commitment to so-called “Diversity, Equity, and Inclusion” standards over its fiduciary duty to shareholders is regrettably nothing new. But by shedding light on the remarkable extent to which the advancement of leftist social causes and street activism are now driving forces in corporate life, this database is giving the American consumer a much-needed opportunity to hold these companies accountable and force them back to their proper, apolitical place in American life.

The BLM Funding Database can be accessed here.

Aaron Flanigan is the pen name of a writer in Washington, D.C.


We hope you've enjoyed this article. While you're here, we have a small favor to ask...

Support AMAC Action. Our 501 (C)(4) advances initiatives on Capitol Hill, in the state legislatures, and at the local level to protect American values, free speech, the exercise of religion, equality of opportunity, sanctity of life, and the rule of law.

Donate Now

If You Enjoy Articles Like This - Subscribe to the AMAC Daily Newsletter
and Download the AMAC App

Sign Up Today Download

If You Enjoy Articles Like This - Subscribe to the AMAC Daily Newsletter!


Subscribe
Notify of
101 Comments
Newest
Oldest Most Voted
Inline Feedbacks
View all comments
Marc
14 days ago

Well then, they certainly can pay to rebuild the cities they have destroyed (let’s call it reparations). Then anyone who suffered losses can file lawsuits. against them. (just like the drug companies set aside billions of dollars for future lawsuits on drugs they know could have bad side effects.)

M.J.
19 days ago

I just looked at that database and it made me sick. How appropriate that Banana Republic is on the list.

Marc
28 days ago

Reparations have been paid! Pick up your check from your BLM office.

Richard
2 months ago

I would like to get my hands on the names of all the corporations donating to these fraudulent organizations. I HAVE ALREADY CLOSED MY ACCOUNT AT CHASE

James
2 months ago

BLM, my ass…bunch of crooks and hoodlums..and i’ll also make note of these corporations making the donations so i can make sure none of my money will ever go to one…BLM can kiss my ass.

Bob works
2 months ago

Looks like that should cover San Francisco’s reparations fund.

Jaime
2 months ago

Most of the corporations named are household names with which we do business on a regular basis. Now that we have names we can boycott or avoid doing business with these Traitorous companies. Push back against the Woke and look for better alternatives locally.
The Founders of our great country gave us the Bill of Rights in which ALL MEN are created equal not just those with the correct skin color.
Pray for America.

stevesinbaja
2 months ago

Okay, so now we know how much was given to BLM, now let’s see a listing of how that money was spent and how many people actually benefited from these “donations”!

tomhoser
2 months ago

But, but, just look at all those schools, community centers, food pantries, shelters, etc that BLM built with all that money! I’ve looked and can’t find any.

Robert Zuccaro
2 months ago

Awesome! Now BLM can take all that cash and redistribute it to everyone as REPARATIONS…

tempus
2 months ago

“Both capitalists and socialists are adherents of a powerful government with centralized planning. Most capitalists and socialists favor some kind of fascism, such as democratic socialism, national socialism, corporatism, and government-business partnership. Most socialists prefer democratic socialism (if they control the elections), which is now morphing into national socialism with Whites and the COVID unvaccinated replacing the Jews. Capitalists prefer government-business partnership followed by corporatism, which the plutocrats favor.”
. . .
“Furthermore, both support the Communist-orchestrated civil rights movement and the concomitant race riots. Consequently, capitalists and socialists are united in their support of Black Lives Matter and Antifa and their riots and the social justice agenda. Further, they are united in their disdain of Whites — except they seem not to disdain White oligarchs, and, therefore, both promote Critical Race Theory.”
From “Capitalists and Socialists”

Pat R
2 months ago
Reply to  tempus

The communists have been working within this country for nearly 100 years. Trevor Loudon has a presentation regarding The Enemies Within and he succinctly lists the manner and the effects. It makes sense and is quite eye-opening to reality.

stevesinbaja
2 months ago
Reply to  tempus

Just because it is published in a book, doesn’t make it correct, or truthful.

Butch
2 months ago
Reply to  tempus

Huh? Socialism, communism, fascism. marxism have always been God less. We now have capitalism which as become God less crony capitalism but basically turned into a Kleptocracy. Especially in our country. Kleptocratic governments expropriate (steal) citizens’ properties and lawfully steal their assets. They use the capital rightfully belonging to a free people to finance their needs and launder the money to foreign countries. In such a situation, all citizens, except those who form the government, are usually not well-to-do. The controlling elite wealthy well-to-do get richer and richer at the expense of the people (citizens). Kleptocracy’s origin can be traced to the Greek word ‘klepto,’ which means to steal.  Slowly, kleptocratic governments transform into dictatorships!

tempus
2 months ago

“Both capitalists and socialists are adherents of a powerful government with centralized planning. Most capitalists and socialists favor some kind of fascism, such as democratic socialism, national socialism, corporatism, and government-business partnership. Most socialists prefer democratic socialism (if they control the elections), which is now morphing into national socialism with Whites and the COVID unvaccinated replacing the Jews. Capitalists prefer government-business partnership followed by corporatism, which the plutocrats favor.”
. . .
“Furthermore, both support the Communist orchestrated civil rights movement and the concomitant race riots. Consequently, capitalists and socialists are united in their support of Black Lives Matter and Antifa and their riots and the social justice agenda. Further, they are united in their disdain of Whites — except they seem not to disdain White oligarchs, and, therefore, both promote Critical Race Theory.”
From “Capitalists and Socialists”: tcallenco.blogspot.com/2023/01/capitalists-and-socialists.html 

Charlotte A Mahin
2 months ago

All of the hype over blacks being down-trodden is the way the left tries to look “good”. In reality, they are using the blacks (and Asians and brown people) to pit these groups against each other. They act as if only white people are racists which is of course ridiculous. What do you think the blacks who loot, burn and attack others are doing? They are showing their hate against non-blacks. I had someone tell me a few years back that I had to believe that black lives matter more than other lives. I told him all lives matter and I would never put one person’s life ahead of another.

Truth
2 months ago

BLM = CCP

Allinit
2 months ago

If the $83 billion given to BLM was instead equally distributed to all 41.1 million people in the USA who state they are “black or African American” , each would get about $2000.

Rufus T Firefly
2 months ago
Reply to  Allinit

Thanks for doing the math for me. I was just going for the calculator when I saw your response. If the $83B were distributed to the reperations recipents in San Fransicko, how much would they receive?

Robert Zuccaro
2 months ago
Reply to  Allinit

Unfortunately swank mansions, Bentleys and pimp chalices cost money, brah…

Butch
2 months ago

How in the world did we ever get to this point in this country where corporations are involved activists in controlling politics, ideological matters and spiritual matters, you name it, etc., instead of just selling their product or service? Corporation’s were chartered to only buy/sell their product or service in the market place. Leave the other stuff for the consumer to decide.

Rob citizenship
2 months ago

This is a very important article, knowing who is doing what and why in connection with activities that are contrary to good sense, contrary to the fundamental principles the United States of America was founded on , and that support the far left political ideology . I remember going to some major league baseball games , in late 1950’s early 1960’s and there was always a vendor walking through the stands selling score cards , always saying ” Get your score cards here, you need a score card to watch the game ! ” The score card had
some basic information about the teams, the players as well as the space for recording the inning by inning activity. So, this article is sort of like a score card in a sense for this far left political stuff, however it is good to keep in mind this corporate funding sure ain’t a game ! Great writing about this matter Mr. Flannigan, what you mentioned in the last sentence about holding these companies accountable and having them do things properly, in an apolitical place in American life is especially important.

Lilli
2 months ago

Thank you AMAC for reporting real news. You guys are the real deal. If I got my zeros right
Bank of America gave 18 Billion to black lives matter affiliates and SVB gave 70 million, when banks are going bust? Wake up people.

Will
2 months ago

Amazing, you can thank all your democrackheads in congress for letting this get out of hand , this whole country has lost its self worth because of these basterds are trying to destroy it . Well in the long run they will pay for their mistakes God will have his day you just wait patiently he hates a prideful and evil person thoes who caused this destructive mess and hurt millions of innocent people for no reason at all this will come back on them 10 X fold its already starting to happen.

BobA
2 months ago

I’m confused about this report. It gives a source for the amount and the recipient but when I picked Costco to research using the listed source it doesn’t match. The Costco source indicates Costco will put $25 million into a fund to support Black-led financial institutions and community development initiatives, the Issaquah-based retailer announced Friday.” Nothing about BLM.

101
0
Would love your thoughts, please comment.x
()
x