Corporate Donations to Black Lives Matter Now Total $70 Billion

Of $70 billion pledged, companies and organizations have started distribution of $26 Billion so far.
 
WASHINGTON - March 11, 2023 - PRLog -- The murder of George Floyd on May 25, 2020 sparked a global movement for racial equity. Protests erupted across the world pleading for justice and the legitimization of the rights of Black people. Popularly referred to as the Black Lives Matter (BLM) Movement, this outpouring of support dominated the American national conversation as millions of Americans demanded accountability and an end to racial injustice. BLM demonstrations took place in 4,446 cities from May 25, 2020 to November 18, 2020.

We are proud to have been first to calculate and publish accurate, well documented estimates for total BLM donations. In a June 10 Black Enterprise magazine article, Creative Investment Research announced that donations totaled $1.678 billion. (See: https://www.blackenterprise.com/black-lives-matter-corporate-america-has-pledged-). Within a day, companies and organizations matched that amount.

As of Sunday, March 12, 2023, 316 corporations have pledged $71.377 billion for BLM causes. We estimate disbursement has started on $26.164 billion, or 36% of the total pledged.

The Creative Investment Research Black Lives Matter (BLM) Donation Tracker provides objective, unbiased and accurate data on corporate activity in this area. Many use the data to hold firms accountable for BLM pledges and to help ensure that valuable change-making occurs. See: https://blacklivesmattercorporatepledges.com/

We have also requested that the US Securities and Exchange Commission develop mandatory rules for public companies to disclose high-quality, comparable, decision-useful information concerning BLM Pledge fulfillment. See Petition 4-774 dated  May 30, 2021 at sec.gov/rules/petitions.htm

For more information, including details on the methodology used and ways you can sponsor this work, contact us.
Creative Investment Research
info@creativeinvest.com
202-455-0430 phone

You can see an earlier list of 261 corporations making $67 billion of BLM pledges in: Thriving As a Minority-Owned Business in Corporate America: Building a Pathway. https://www.amazon.com/dp/1484272390/ref=cm_sw_r_tw_dp_33...

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William Michael Cunningham
Creative Investment Research
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