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-Great Cultural Revolution
New BLM chair appointed to tackle the charity's financial scandals is struggling to manage her OWN finances after filing for personal bankruptcy three times: She is also $120,000 in debt, documents show
2022-06-02
[DM]"Good choice"
Black Lives Matter Global Network Foundation announced on April 27 the appointment of three people to their board of directors

They included Cicley Gay, 44, an Atlanta-based activist and mother of three who founded a network called The Amplifiers, promoting social change

Gay said she was 'taking time to build efficient infrastructure to run the largest black, abolitionist, philanthropic organization to ever exist in the United States'

Yet on Wednesday it emerged that Gay has herself been declared bankrupt in 2005, 2013 and 2016

Her most recent filing showed Gay had more than $120,000 in debts, including owing $55,000 in student loans and $18,000 for leasing a Lincoln MKZ sedan

She also claimed to have $7,000 in medical expenses and owed $8,000 to two Christian schools, according to the records obtained by The New York Post

The Atlanta activist Black Lives Matter has appointed to straighten out its finances has been declared bankrupt three times, was ordered by a court to attend financial management lessons, and has more than $120,000 in unpaid debt.

Cicely Gay's appointment was announced by BLM's Global Network Foundation (BLMGNF) on April 27, as the group struggles to combat accusations that the money donated has not been wisely spent, or properly accounted for.

The 44-year-old was one of three people appointed to the board, the organization said in a tweet. She subsequently was described as being chair of the board.

She told The New York Times she had been appointed to straighten out the organization's finances, after BLMGFN faced intense scrutiny over its spending of donor cash.

'No one expected the foundation to grow at this pace and to this scale,' said Gay.

'Now, we are taking time to build efficient infrastructure to run the largest Black, abolitionist, philanthropic organization to ever exist in the United States.'

On Wednesday, it emerged that Gay has been declared bankrupt three times, according to federal reports obtained by The New York Post.
Related:
Black Lives Matter Global Network Foundation: 2022-05-20 BLM co-founder Patrisse Cullors says her mistakes with 'white guilt money' were weaponized against her
Black Lives Matter Global Network Foundation: 2022-05-17 Black Lives Matter has nearly $42 million in assets: IRS documents
Black Lives Matter Global Network Foundation: 2022-05-15 Clintonworld steps away from Black Lives Matter on eve of financial disclosure
Posted by:Frank G

#3  It sounds like she has a resume that would not normally result in getting hired to run a high profile non-profit. Probably would not be hired to manage an Arbys.
Posted by: Super Hose   2022-06-02 19:52  

#2  ^ yep!
Posted by: NN2N1   2022-06-02 18:38  

#1  She won’t be in debt for long. May even get enough to upgrade her residence
Posted by: Ulilet Ulenter2058   2022-06-02 12:27  

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