October 1, 2025

A bitter legal battle has erupted as the Black Lives Matter Global Network Foundation (BLMGNF) accuses the Soros-backed Tides Foundation of **withholding over $33 million in donations** raised for the movement, alleging “deceptive business practices” and “egregious mismanagement.” Since acting as BLM’s fiscal sponsor from its inception in 2013, Tides allegedly commingled funds and continued spending despite promises to freeze the money amid the lawsuit. BLM’s legal team claims Tides has even used donations to pay its own legal fees, further deepening the scandal. This explosive dispute surfaces amid lingering questions about BLM’s own financial transparency, including millions diverted from charitable purposes and controversial spending by co-founders. Meanwhile, the Tides Foundation, already under fire for funding anti-Israel protests and accused by Congress of inciting campus unrest, denies wrongdoing, framing the lawsuit as a cash grab at grassroots chapters' expense. The high-stakes trial is set for August 2026, spotlighting the tangled web of progressive funding and accountability.

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