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Patrisse Cullors, co-founder of Black Lives Matter Global Network Foundation, is stepping down amid allegations she misused donations.

BLMGNF announced Tuesday, May 27, that Cullors is stepping down from her role as the movement's executive director.

"With smart, experienced and committed people supporting the organization during this transition, I know that BLMGNF is in good hands," Cullors said in a statement. "The foundation's agenda remains the same — eradicate white supremacy and build life-affirming institutions."

Last month, Hawk Newsome, another BLM founder, called for an "independent" financial investigation into Cullors' spending after she made substantial real estate transactions with no apparent source of income.

Cullors owns a total of $3.2 million in real estate holdings.

Paras Griffin/Getty Images

Cullors bought a three-bedroom home in Topanga Canyon for $1.4 million. The home is located in an area with a Black population of just 1.8 percent.

The property is located about 20 miles from her childhood home in an "impoverished" area in Van Nuys, California.

Cullors purchased two other homes in Los Angeles, according to public records.

In 2017, she bought a house in Inglewood for $510,000. The property is now worth $800,000.

Cullors and her lesbian spouse Janaya Khan also purchased a home in Atlanta, Georgia for $415,000.

Cullors previously complained that the criticism surrounding her real estate portfolio was an example of "white supremacy".

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NY Post

A Black Lives Matter leader is calling for an investigation after founder Patrisse Cullors spent $3 million in public donations on homes.

Hawk Newsome wants an "independent" financial investigation into Cullors' spending after she made substantial real estate transactions with no apparent income.

Vivien Killilea/Getty Images

Cullors bought a three-bedroom home in Topanga Canyon for $1.4 million. The home is located in an area with a Black population of just 1.8 percent.

She purchased the property about 20 miles from her childhood home in an "impoverished" area in Van Nuys, California.

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In her 2018 memoir, Patrisse Cullors said she was raised by a single mother and lived in a building where the paint was peeling.

Cullors often protested capitalism while secretly spending millions of dollars on properties.

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The Topanga Canyon home purchase sparked outrage on social media. One Twitter user called Cullors a "fraud".

Paras Griffin/Getty Images

Cullors bought two other homes in Los Angeles, according to public records.

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In 2017, she bought a house in Inglewood for $510,000 which is now worth $800,000.

Cullors and her lesbian spouse Janaya Khan purchased a fourth home in Atlanta, Georgia for $415,000.

In total, Cullors owns $3.2 million in real estate holdings.

She was also looking at properties in a resort located in the Bahamas where golf legend Tiger Woods and pop star Justin Timberlake resided, according to the New York Post.