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Comment by mywittyname | Hacker News Reader

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mywittyname·

Or, it's because the IRS revoked their tax exempt status.

https://apps.irs.gov/app/eos/detailsPage?ein=473691474&name=...

Amazon doesn't really get a choice in the matter here.

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That's a different and completely unrelated [1] organization that happens to have a similar name (Black Lives Matter Foundation vs Black Lives Matter Global Network Foundation).

[1] https://www.buzzfeednews.com/article/ryanmac/black-lives-mat...

Yeah, it seems here that people are just getting confused about which organization is actually in charge due to two different organizations registering very similar names. I wonder if they trademarked the brand Black Lives Matter, and if so if they attempted to enforce it to prevent something like this from happening, or if they are in fact affiliated with each other.

Maybe there should be a BLM ETF with all the organizations in one bucket? Then you can spread out your risk in case one of them actually intends to be legitimate. Excuse the sarcasm.

Corporations are more concerned about the signal donating money sends than the actual effectiveness of the receiving organization. Did Amazon independently donate any money to this organization?

BLMF was a single person running a small scam.

BLMGN was a small group running a big scam. It was mostly a sink for corporate "blackwashing" PR spend, as megacorps rushed to fake "doing something woke" in 2020.

Both hijacked the hashtag #BlackLivesMatter for profit.

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