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The controversy surrounding race hustler and grifter Ibram Kendi keeps taking intriguing turns. A few weeks ago, news emerged that Kendi’s race-baiting non-profit was facing financial troubles, with a significant amount of funds unaccounted for. Currently, an investigation is underway regarding the substantial sum of missing money, totaling millions of dollars, and Kendi is at the center of it all.

Fox 11:

Under investigation at Kendi’s center are issues related to “culture and grant management practices,” a Boston University spokesperson told The National Desk (TND) Thursday. The center, which was founded shortly after the murder of George Floyd in 2020, has raised tens of millions of dollars to finance a number of projects, including graduate programs, a racial disparities database and a media venture.

While some of these projects have come to completion, others have not, including the database, which some have described as the “centerpiece” of the organization.

“I don’t know where the money is,” a Boston University professor who previously worked at the center told The Boston Globe.

Well, now we may know where a huge chunk of that money went. It turns out that a large portion was going to Kendi’s family. Back in September 2020, right after Ibram X. Kendi established the Center for Antiracist Research at Boston University, the university approved a $600,000 mortgage for an undisclosed professor. While the recipient’s identity remains a university secret, the funds were allocated to a trust that was managed by Kendi’s brother-in-law, Macharia Edmonds. Things that make you go “Hmmm,” right? This massive mortgage was for a luxurious $4.56 million penthouse triplex. Public real estate records confirm Macharia Edmonds, the brother-in-law, has control over the trust. He was also a former Obama campaign official, of course.

Here’s a closeup of the images:

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The Washington Free Beacon broke this story.

Free Beacon:

Edmonds controls the trust on behalf of its unnamed beneficiary. While it’s not uncommon for universities to provide sweetheart loans and mortgages with below-market rates to poach star professors from their competitors, experts told the Chronicle of Higher Education in 2009 that the IRS strongly discourages such transactions.

Dean Zerbe, a former senior counsel to the Senate Finance Committee, raised questions about why Boston University is doling out loans to its professors in the first place. “There are institutions that actually do provide loans. They’re called banks,” Zerbe told the Free Beacon. “People like to get loans at banks, not at universities. It raises a fundamental question of why did you not get a loan from a bank?”

“The reality is, overwhelmingly, when we look at these loans, they are sweetheart deals and they would not have gotten them from a bank,” Zerbe added. “And that’s the problem with them.”

The mysterious circumstances surrounding the loan raise questions about Kendi’s ties to Boston University.

His Center for Antiracist Research, which raised more than $43 million since June 2020, is under scrutiny after it abruptly laid off most of its staff and cut its budget in half last month after producing hardly any original research. Meanwhile, Kendi has amassed considerable wealth through his “antiracism” work. He received a $625,000 MacArthur Foundation “genius” grant in 2021 and charges up to $20,000 for speaking engagements. Just this week, ESPN+ launched a Kendi-helmed series centered around racism in sports.

Boston University spokeswoman Rachel Lapal Cavallario told the Free Beacon that the beneficiary of the trust is a professor at the university but declined to provide the person’s name, the interest rate of the loan, or how much has been repaid. Cavallario added that the professor “applied for and received the loan under a longstanding university program to assist senior faculty with their housing needs,” but declined to provide the Free Beacon any documentation about the university’s faculty home loan program.

Boston University reported in its latest audited financial statements that only “certain employees” are eligible to take out university-backed mortgages and debt, which totaled $8.5 million as of June 30, 2022.

Edmonds and Kendi did not return requests for comment.

If this story sounds familiar, it’s likely because the same thing happened with Black Lives Matter. The racist lesbians at the helm of that organization also indulged in expensive real estate. It appears that many of these so-called “anti-racist” groups are run by fraudsters who are more interested in personal gain than in the fake causes they pretend to support.

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