Stacey Abrams’s Nonprofit Worked To Purchase Multimillion-Dollar Properties Shortly Before It Sacked Employees

 The New Georgia Project had $11 million in its investment account in August when it set out to pay $2.45 million in cash for a sprawling Atlanta compound

• Less than two months later, the organization dismissed half its leadership staff, citing a lack of funds
• Internal documents and correspondences obtained by the Washington Free Beacon reveal the bizarre circumstances surrounding the real estate deal, which several parties close to the matter say are indicative of a leadership crisis within the Stacey Abrams-founded group

Abrams lost her second gubernatorial bid by nearly 8 points, and Warnock is in a runoff battle with Republican challenger Herschel Walker after failing to earn 50 percent of the vote on Election Day.

• The New Georgia Project worked to get Democrats elected this cycle, with mixed results.

Ferguson claimed in an Aug. 31 text to leadership that it took "some serious lobbying" to get Global Resource Partners to entertain the charity's offer.

• The seller, Ferguson added, had another offer for $2.8 million that they would move on if the New Georgia Project weren't "reasonably expedient."
• Prior to his role in facilitating the property purchase, Ferguson was a canvasser for the new Georgia Project, making $23 per hour.

https://thelibertyloft.com/2022/11/30/stacey-abramss-nonprofit-worked-to-purchase-multimillion-dollar-properties-shortly-before-it-sacked-employees/