Among the largest donors to the group, at least indirectly, is the
Ford Foundation, which in 2016 gave $100 million to the Black-Led Movement Fund, a fund administered by the philanthropic intermediary Borealis Philanthropy.
[2] The Black-Led Movement Fund has in turn provided general operating funding to the Black Lives Matter Foundation several times since 2016.
[3] BLMF has also received nearly $1 million in grants for local chapter development from the W.K. Kellogg Foundation.
[4]
In 2015, Politico reported that members of the Democracy Alliance, a network of left-leaning high-dollar donors and grant makers organized by billionaire financier
George Soros and Taco Bell heir
Rob McKay, were encouraged to consider making large-dollar grants to the Black Lives Matter movement. Left-leaning mega-donors
Tom Steyer and
Paul Egerman were also listed by Politico as invited participants. However, it is unclear how much money eventually went to BLMF from this gathering. It has also been reported by the Washington Times that Soros has given groups associated with the Black Lives Matter movement more than $33 million from his
Open Society Foundations (OSF), though it is again unclear if BLMF directly received funding from OSF.
[5] [6]