In May this space covered the scrutiny the BLM Global Network Foundation was receiving in light of press reports about various transactions, including with parties connected to Foundation insiders. The month of June saw a similar report but relating to the other end of the political spectrum. Reveal, a nonprofit news outlet, reported on True the Vote and a remarkable similar set of circumstances – a sudden influx of funds tied to current events, a founding individual operating a nonprofit with limited oversight from others, and questionable financial transactions with parties connected to insiders. In this case, those transactions allegedly include an apparent loan to the founder in violate of Texas state law and hundreds of thousands paid to a company created by a former board member with business and possibly personal ties to the founder. And as was the case with BLM Global Network Foundation, some of the sharpest questions came from supporters, in True the Vote’s situation a donor who made a multi-million dollar contribution in the wake of the 2000 election and then sued (unsuccessfully so far) over the use of the contributed funds.
Lloyd Mayer
