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The Black Lives Matter Global Network Foundation has established a fund worth more than million to aid organizations fighting institutional racism, in the wake of the George Floyd protests.On Wednesday, the foundation, which has been influential in the emergence of the broader Black Lives Matter movement, said it was setting aside million in donations to support black-led grassroots organizing groups. Last week, it unveiled a separate .5 million fund for its network of affiliate chapters.Beginning July 1, affiliated chapters can apply for unrestricted funding of up to 0,000 in multi-year grants, the foundation announced. Grants from both funds will be administered through a fiscal sponsor, said Kailee Scales, managing director of the foundation.“In this watershed moment for black power building ... it is critical that we democratize giving to ensure all of us have access to the resources we need to reverse centuries of disinvestment in black communities, and invest in a future where we can all be connected, represented and free,” Scales said in a statement to The Associated Press.According to the network’s website, the organization has more than a dozen active chapters, including Boston, Chicago, Washington, D.C., and Detroit, as well as in Canada. Its newest chapter is in South Bend, Indiana.The foundation told the AP it has received more than 1.1 million individual donations at an average of per gift since the death of Floyd, a black man who died May 25 pleading for air as a white Minneapolis police officer held a knee to his neck for nearly eight minutes. The surge of financial support adds to roughly .4 million in net assets the BLM Global Network had on hand last year, according to a 2019 financial statement of Thousand Currents, the fiscal sponsor which receives donations on the network’s behalf and then releases money to the group.Creation of the funds signals a growth in infrastructure for the network, which had been at odds with some local chapter organizers, who felt network leaders weren’t providing enough financial support for initiatives such as rapid response to police brutality. Although there are many groups that use “Black Lives Matter” or “BLM” in their names, only 16 are considered affiliates of the global network.For Black Lives Matter Los Angeles, the network’s first official chapter, the fund will increase its capacity to support families in need of legal aid, public communications strategy and other services after a loved one is killed by police, said organizer Melina Abdullah, who is a professor in the Pan-African Studies department at California State University, Los Angeles.“We’ve been struggling for seven years now with very limited resources,” Abdullah told the AP. “We’re not paid. But we also have real costs, even if we’re not taking salaries.”Renewed energy in the BLM movement has created a need for more resources, she added. “This fund will allow us to move forward in really strong ways.”Racial justice groups across the U.S. have reported receiving tens of millions of dollars in donations, particularly for community bail funds posting bond for protesters arrested in demonstrations. The wealth is being spread across younger grassroots organizations and legacy institutions, such as the NAACP Legal Defense and Education Fund and the National Urban League.The Black Lives Matter movement emerged in 2013 amid anger over the acquittal of George Zimmerman, the Florida man who shot and killed 17-year-old Trayvon Martin in 2012. The network of chapters was formed in 2014, following what organizers called Ferguson October, a national mobilization in response to the police shooting death of 18-year-old Michael Brown in Ferguson, Missouri.“I’m really proud of the work we’ve been able to do in the last seven years,” Patrisse Cullors, co-founder and chairwoman of the Black Lives Matter Global Network Foundation, said in a statement. “What is clear is that Black Lives Matter shares a name with a much larger movement and there are literally hundreds of organizations that do impactful racial and gender justice work who make up the fabric of this broader movement.”The foundation has already identified several movement organizations that it would like to support, said Cullors, who declined to name the groups. The foundation says it will “prioritize mutual aid organizations, direct service and organizations focused on creating sustainable improvements in the material conditions for all black people.” It also looks to support black lesbian, gay, bisexual and transgender-led groups.Over its nearly six years of existence, the BLM Global Network had received contributions from high-profile donors, including A-list entertainers such as Jay-Z, Beyoncé and Prince, who contributed to BLM mere weeks before his death in 2016. But unanswered questions of transparency and access to those gifts left some organizers in network affiliate chapters frustrated.In January 2018, a New York City chapter announced its decision to leave the BLM Global Network, citing the need for autonomy to better serve its community. In December 2019, a different group of organizers in New York rejoined the network, Scales said.In recent weeks, the BLM Global Network has had to debunk misinformation from conservative activists who claimed the group’s donations were being redirected to the Democratic Party.The network has also been in a tug of war with a California-based organization called the “Black Lives Matter Foundation,” which has accepted donations that do not support the movement. The other group reportedly raised millions of dollars in recent weeks from small individual gifts and from employees of large corporations, such as Apple and Microsoft, who believed they were supporting the Black Lives Matter Global Network Foundation.___Morrison is a member of the AP’s Race and Ethnicity team. Follow Morrison on Twitter at https://twitter.com/aaronlmorrison. 5969
Stocks are tanking, and the tech world's richest executives are losing billions.Amazon, Apple, Facebook and Google are getting hammered as investors sell their shares and retreat into safer territory.The founders, CEOs and top investors in those companies are losing money quickly.Amazon CEO Jeff Bezos has lost roughly billion since his net worth and peaked in early September at 8 billion, according to?the Bloomberg Billionaires Index. Amazon's stock (AMZN) has dropped more than 25% since then and is currently trading around ,500 a share, leaving Bezos with a 6 billion nest egg.It's not all bad news for him: Bezos is still the world's richest person.On Tuesday, Bezos and wife MacKenzie donated 0 million to two non profits that aim to end homelessness in America. It's part of the pair's pledge to donate? billion to fund existing nonprofits that help homeless families and to create a network of preschools in low-income communities.Facebook CEO Mark Zuckerberg's wealth is also taking a beating. He's lost roughly billionfrom his peak worth in late July and is now worth billion. He ranks as the seventh richest person in the world.Facebook has been rocked this year with a cascading series of problems, including a proliferation of hate speech on its platform, Russian political interference and the Cambridge Analytica data privacy scandal.Facebook's (FB) stock has lost 40% of its value since July and is currently trading around 0 a share. The company continues to struggle with?executive departures and damaging exposés.Like Bezos, Zuckerberg and his wife, Priscilla Chan,?have pledged 99% of their wealth to their organization for philanthropic needs. They also recently donated 4 million to another nonprofit.Microsoft founder Bill Gates, who still owns 1% of the tech company, has lost billion from his high in early October. He's still worth roughly billion and ranks as the second richest person the world, according to Bloomberg. 2066

Texas Gov. Greg Abbott's re-election website has abandoned a contest to give away a 0 voucher toward a shotgun purchase days after the slaying of 10 people at Santa Fe High School.Previously, participants in the giveaway entered with a chance to win a 0 certificate that could be redeemable for a "Texas-made shotgun" at a licensed gun dealer in Central Texas, per the campaign's website.Now the website doesn't mention the gun. It only offers a 0 gift certificate. The giveaway was dropped from the website?after CNN's story published on Sunday. 573
Sudan, the world's last male northern white rhino, has died.For nearly a decade, Sudan lived in a 700-acre enclosure at the Ol Pejeta Conservancy, against the backdrop of the hulking Mount Kenya.Armed guards protected him 24 hours a day because he belonged to a subspecies on the verge of extinction from poachers. Rhinos are targeted by poachers fueled by the belief in Asia that the horns cure various ailments. 421
TALLAHASSEE, Fla. — A Florida judge sided with a state teacher's union Monday in ruling that the Florida Department of Education could not require all brick and mortar schools to open by the end of the month or lose funding.Leon County Circuit Judge Charles Dodson ruled in favor of the Florida Education Association (FEA), in a lawsuit meant to stop the Education Department's order that would require all schools in the state to reopen for in-person classes by Aug. 31 or face loss of funding. The union filed their lawsuit shortly after the mandate was issued on July 6, claiming the order was in violation of the constitution's safe and secure public education guarantee.The FEA said Monday's ruling is a victory for schools all around the state of Florida."It is a pushback on reckless disregard on human life," said Randi Weingarten, the president of the American Federation of Teachers. "It is a pushback on politics overtaking safety and the science and the well being of communities."Fred Piccolo, a spokesperson for the governor's office, said the state intended to appeal the ruling."We intend to appeal this ruling and are confident in our position and in the authority of the Commissioner and the Governor to do what is best for our students," Piccolo said.The legal team for the FEA says the state can appeal, which would mean an automatic stay in the ruling given Monday. To lift the stay, the state would need to deliver more arguments in front of Dodson.This story was originally published by Kristian Thomas on WTXL in Tallahassee, Florida. 1566
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