The Black Lives Matter (BLM) movement and related causes have received an astonishing $82.9 billion from corporations, according to a new funding database from the Claremont Institute. The Claremont Institute’s Center for the American Way of Life explained the necessity of their report in an article published in Newsweek, where the Center asserted that the 2020 riots were “the most destructive riots in US history” and that the “BLM movement was a driving force behind the violence”
The BLM movement was founded in 2013 after the acquittal of George Zimmerman in the shooting death of Trayvon Martin. The movement gained national attention in 2014 after the death of Michael Brown in Ferguson, Missouri, and has since become a global phenomenon1. The movement has been criticized for its lack of transparency and accountability, and for its ties to violent protests and riots.
The new funding database from the Claremont Institute shows that companies and corporations pledged or contributed an astonishing $82.9 billion to the BLM movement and related causes. This includes more than $123 million to the BLM parent organizations directly
Walmart, for example, which is based in Arkansas, gave a whopping $100 million in support of BLM and related causes focusing on “racial equity.” Amazon gave even more, supplying the movement with an astonishing $169.5 million. Silicon Valley Bank gave the movement $73.45 million