But her resignation comes amid controversy over the group’s finances and Cullors’ personal wealth — including an alleged real-estate buying spree in which she snagged four high-end homes for $3.2 million in the US, according to property records reported last month.
But Cullors said her departure has been in the works and is not tied to those “attacks.”
“Those were right-wing attacks that tried to discredit my character, and I don’t operate off of what the right thinks about me,” Cullors said.
The BLM foundation revealed in February that it took in just over $90 million last year, following the May 2020 murder of George Floyd, a Black man whose last breaths under the knee of a white Minneapolis police officer inspired protests globally.
The foundation said it ended 2020 with a balance of more than $60 million, after spending nearly a quarter of its assets on operating expenses, grants to Black-led organizations and other charitable giving.
Critics of the foundation contend more of that money should have gone to the families of Black victims of police brutality who have been unable to access the resources needed to deal with their trauma and loss.