International Charity Managing Black Lives Matter Finances

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Black Lives Matter, which two years ago grew out of street protests and a social-media hashtag, has established a partnership with a California charity in a sign of the movement’s growth and expanding ambition, the Associated Press reports. The formal relationship between the national Black Lives Matter network and the San Francisco-based International Development Exchange illustrates another side of the loosely knit group that many recognize for its sometimes-disruptive demonstrations against police shootings of unarmed black men. Since November, the nonprofit charity also known as IDEX has been acting as a financial arm of Black Lives Matter, with the ability to receive grants and tax-deductible donations on the group’s behalf. The contractual partnership will run through at least mid-2017.

IDEX is managing the group’s financial affairs, allowing Black Lives Matter to focus on its mission, including building local chapters and experimenting with its organizational structure. “We completely understand the network is in its baby stages, and it’s going to take some years” to develop, said IDEX director Rajasvini Bhansali. The goal, leaders say, is to seek social change in struggling communities in the U.S., as well as in Asia, South America and Africa, where the charity has operated for years.

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