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Corporate America Gave $83.1 Billion to Black Lives Matter

Posted on Tuesday, March 21, 2023
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by AMAC Newsline
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AMAC Exclusive – By Aaron Flanigan

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.

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James
James
11 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.

tomhoser
tomhoser
11 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.

Allinit
Allinit
11 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.

Butch
Butch
11 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.

Lilli
Lilli
11 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.

Thomas
Thomas
11 months ago

How Did Hundreds Of Billions Of Dollars Improve The Minority Community..? It Didn’t..! ! !
The Only Lifeforms That Benefited From That Giveaway Was The Demoncrat National Convention. *Deeeesgusting*
B.L.M. Never Filed For Tax Exemption Status And Never Reported The Earnings..
Total Blatant Corruption…

phil turner
phil turner
11 months ago

Use all the Extorted money for reparations…what a joke !

CLIFFORD F GERACI
CLIFFORD F GERACI
11 months ago

It’s utterly disgusting that Capitalistic Corporate America is funding the Marxist Domestic terrorist group like BLM and ANTIFA. Over 500 riots and 18 deaths and >2B$ in damages…..thanks alot corporate America for funding your own and our countries demise.

Moses
Moses
11 months ago

I don’t understand how Lowe’s can charge me for the money they contribute to BLM. How can this be legal? Congress needs to put an end to this. Don’t forget either that half the rioters were school teachers being paid by these folks as I understand it. 83 Billion dollars can do a lot of harm to this country.

David Millikan
David Millikan
11 months ago

Criminal’s funding Terrorist.

Richard
Richard
11 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

Bob works
Bob works
11 months ago

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

Jaime
Jaime
11 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
stevesinbaja
11 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”!

Robert Zuccaro
Robert Zuccaro
11 months ago

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

tempus
tempus
11 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”

Rob citizenship
Rob citizenship
11 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.

Will
Will
11 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
BobA
11 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.

BobA
BobA
11 months ago

What did these companies get in return, promise not to loot their business’s?

Bob
Bob
11 months ago

These companies WILL be held accountable

Jocie
Jocie
11 months ago

Is this money so they can start more trouble and have more so-called peaceful demonstrations what a joke

EdS
EdS
11 months ago

This great Nation had better turn around soon.we are dealing with a more sophisticated China CCP are rolling over us DAILY!!!

TPS
TPS
11 months ago

Corporations take the money from its customers and then give it out like candy to their pet woke projects. No matter how you look at it, government taxes and corporate profits come from every citizen and customer. We are constantly being fleeced by both, and there’s no end in sight!

Mjb
Mjb
11 months ago

Living in the same town as Wal-Mart headquarters is located and having known Mr Sam Walton before he died, I know Mr Sam is turning in his grave knowing how much of his hard earned money was thrown away when the corporation gave millions to BLM!
Shame on you, Walmart!! May you reap what you have sown!!!

Karen
Karen
11 months ago

Meanwhile, people are dying of cancer, our Veterans are homeless and without medical care, children are being abused, people are hungry, our kids are being sex trafficked, but let’s fund BLM because 200 years ago they were oppressed and think they are entitled to reparation. I am sick to death of this bull.

John Riley
John Riley
11 months ago

Did they get a window sticker to put on their window?

GTPatriot
GTPatriot
11 months ago

How can I join BLM ? Its a goldmine How can there be any poor blacks with BLM shaking down the entire nation ?

GTPatriot
GTPatriot
11 months ago

I give up. Can I be a slave for a black person ?

GTPatriot
GTPatriot
11 months ago

Today corporate america is looking for anything to be guilty about. Black lives, the environment,
EQG, DEI, employment diversity, paying enough tax, overpaid CEOs, and on and on. The guilt
load on corporate america is enormous and corporate american is dumb enough to give in to it.
Not me. If “black lives” or black americans have a problem they can fix it themselves I won’t
and I’m proud to be sensible about this. Remember this. No one is leaving. They are just
staying here to b*tch so they can find the next San Francisco. Millions are trying to get here so
they can complain their way to wealth also. They picked the right place. You don’t work to achieve
success in the US anyone. You just b*tch your way to wealth. And it works.

jocko
jocko
11 months ago

AND ALL OF THESE TERRORISTS ARE DRIVING AROUND IN CADDIES, MERCEDES, ETC., LIVING IN MANSIONS AND PAYING NO TAXES.

Karen Knowles
Karen Knowles
11 months ago

Such a terrible waste of money!

BAE
BAE
11 months ago

Come on. $83 billion I don’t believe this number. lol

Susan
Susan
11 months ago

They should be defunded for not being a true 501 3 C. No legal paper work completed.

JPop
JPop
11 months ago

Suckers.All these corps did was help these BLM RaceBaiters to buy mansions, and enrich their crooked families.

Dr. George Rivera, Jr.
Dr. George Rivera, Jr.
11 months ago

Nothing is new under the sun – snake oil is as snake oil does.

joe mchugh
joe mchugh
11 months ago

Horay!! I am now encouraged to proceed with my new start-up diversity acknowledgment group. But first, a little about me. I’m a White guy who lives in a all-White community in upstate New York. I have no racial biases but lately, I have become aware of a curious reverse bigotry among minority groups toward White people. I really think that such bigotry is totally unwarranted.

That’s why I feel that White people need better representation that would enlighten all others about the inherent rights of the majority group in North America. To that end I will work to organize an exclusively White movement to restore the proper place of this majority in our society. I mean, the minority groups are receiving financial support from both the government, and the corporations. Proportional financial support for Whites is the only fair way to proceed, right? Even the minority group members would be compelled to admit that withholding comparable funding from the White citizens would be exceedingly discriminatory. The corporations gave 83-billion dollars to the BLM group. Since the Blacks compromise 13% of our society and the Whites amount to at least 40%, I would expect to see at least 250-billion dollars earmarked for my new White-oriented organization.

Naturally, membership in this new movement must be exclusively limited to Whites only. It would be hypocritical, to say the least, to allow non-Whites to become members. Now I need to come up with a catchy acronym for easy public recognition. Perhaps some of the readers could suggest a nifty acronym? Please don’t offer the “Clu Clucks Clan” name because that Democrat founded organization might object.

teresa Ann d'alessandro
teresa Ann d'alessandro
11 months ago

why are they kissing a s! blm is a terrorist, biggoted group – good for nothing, spineless, corrupt dopes. and i would go on tv and say it bc i am not afraid!!

John
John
11 months ago

so everyone is paying triple amounts on everything because of their stupid, social idealism

Michael J
Michael J
11 months ago

Consider this their reparations since the entire country has been duped.

terrie h Mcnair
terrie h Mcnair
11 months ago

Isn’t this criminal????

Diz
Diz
11 months ago

O.K. How about listing the “corporations” by name and the amount each donated to BLM! Some of us would like to avoid those.

Jackie
Jackie
11 months ago

Did the BLM pay proper taxes on all of this money or is that tax free?? They are a far-left black nationalist anti-capitalist 501(c)(3) political lobbying organization. There seems to be a major disconnect when it comes to their statement that they are anti-capitalists and yet they were so pleased to accept the “$83.1 billion that have been given to BLM and related initiatives since 2020”!!!! If they are anti-capitalists, how do they expect black people to succeed?? Is the BLM going to employee all black people with that $83.1 billion?? If they are pushing the socialism like their friends, the Democrats, I know that will not fair well for lower and middle class of any race will not fair well under socialism!! I would like to know if there is a list of those corporations who decided it was better to contribute that much money to lobbyist instead of spending it on actual people??? That $83.1 billion could go a long way to helping the people that need it the most but the BLM leaders got dollar signs in their eyes and they went all goofy!!!!!

Face it – BLM isn’t for the black people of the world, just like politicians, they don’t care about people, not really!!!!

Tim Toroian
Tim Toroian
11 months ago

Where the San Hill is all the money and who other than BLM leadership did it benefit? Millions to a criminal organizations are nuts.
Financing rioters is also immoral, the same as financing terrorists.

Bill Lee
Bill Lee
11 months ago

There’s the money for slavery reparations.

Mike
Mike
11 months ago

The only ones that gets it stuck to them are white America, the real working people.

Mike
Mike
11 months ago

What did they expect when you give money to a bunch of thugs? They won’t change anything as long as the cash flow continues.

granky
granky
11 months ago

Woke idiots.

Ann S
Ann S
11 months ago

These companies should all be boycotted except many of us have to do business with them.
ESG is going forward since Brandon just vetoed what the Congress had passed. 74 million people were just thrown under the bus by that action. We don’t matter. America is becoming a communist controlled country with criminals and pedophiles running the asylum.
Instead of war with guns they throw money at it and those who don’t see what is going on help them succeed. By buying their products we are indirectly supporting their plan.
Our grandchildren’s children will be living in that world and will be happy, quoting Klaus Schwab.
Talk about a conspiracy.

George Washington's Admirer
George Washington's Admirer
11 months ago

Good Article. Covers a lot of important points. The year 2020; yet, another wave of Marxist endeavor after decades upon decades of a communist infiltration. Maybe, there are ‘Classified Files’ from the 1960’s about this invasion. (Bet, there is all kinds of stuff about this in government ‘Pee-Chee Folders!’) Today, the names have been changed and the rhetoric. Marxism/Devil has dealt us a similar ‘cover story’. Yes, Communists/Marxists are a ‘little’ more out in the open and less covert. They tout being for the ‘little guy’ ; Wrong. They tout for diversity and equality; Wrong. They espouse helping minorities: black, black women, lower class women, and any unfortunate minority; WRONG. The top class of the Marxists have mansions, their own airplanes, and many other luxuries. The top commies tell everybody that their personal extravagance is ‘commonly shared’ by all the other commies; or commonly shared communist wealth. WRONG. Back to 2020: wasn’t that a great made for television miniseries? Somebody’s ‘sweet & radical kid’ participated in the Portland, Oregon toppling of President George Washington’s Statue. This is Portland, Oregon 2020 or so, give or take. She probably got off on bail; with some type of later court date. AND THEN GOT OFF! Its mere conjecture; but, now that the Marxists have taken over the country law and order left. You remember still the defunding, demonizing of police officers? Oh yes, many police took their retirement or were forced to quit. This was the Demo/Biden policy. ALL of this socialist/communist stuff was the policy of the CCP/Democrats. There is some type of committee investigation going on regarding Biden & Company and funds from China? You the public are beginning to get this. Meanwhile, the author also, discusses: “disrupt the Western prescribed nuclear family structure”. This is where they teach the youth of this country to HATE: God, Bible, Constitution, Our Founding Fathers, Our History; and most especially, they want our kids to despise us! This is important to them because it helps to deposit communist seeds more deeply into the country! There has been a great deal of ‘thinking’ on this by the Marxists. It all has to appeal to our young. The socialists haven’t skipped a beat. Schools espouse brain/body sterilization without the consent of parents. Demonization of all authority and traditions such as the family, police, and Santa Claus too! This is a rampant infestation of communist philosophy espoused by a once Democrat Party. When did it stop being the Democrat Party? When it started taking treasonous funds from the CCP & Russia? Just catching on here. You know more details. May God Bless, Protect, & Guide These United States of America!

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