Posted on 04/30/2020 7:09:07 AM PDT by SeekAndFind
What kind of civil rights nonprofit has millions of dollars in offshore accounts? According to recent reports, the scandal-plagued Southern Poverty Law Center (SPLC) does, and that’s just scratching the surface of its problems.
The SPLC recently published its updated “hate map” plotting “hate groups” across America, right as Americans are fearing for their lives and livelihoods in a deadly pandemic. That map inflated the numbers not only by listing “hate groups” that barely exist but by defaming mainstream conservative and Christian organizations as “hate groups” on par with the Ku Klux Klan. In fact, former SPLC employee Bob Moser exposed the map as a “highly profitable scam.”
According to the SPLC’s tax documents, the organization has $529,801,832 in its endowment, the second year it had more than half a billion dollars on hand. According to an accounting firm’s report first publicized by the Washington Free Beacon’s Joe Schoffstall, the SPLC has $570 million in assets, including the $41 million in its action fund launched just last year. Annual contributions in 2019 stood at $97 million, down from the $132 million it reported in October 2017.
Highly profitable, indeed.
Most astonishingly, the SPLC reported $162 million in offshore accounts in the Cayman Islands, $41 million more than the group previously reported. In fact, the SPLC’s tax documents also note that the nonprofit “has ownership in several foreign corporations. However, the center’s ownership percentage in these corporations does not rise to the level of reporting on the Form 5471.”
If the SPLC were an impeccable civil rights organization, why would it hide money in offshore accounts? Cayman Island bank accounts are notorious as a tool for tax evasion and the fact that the SPLC has such accounts should be a red flag for anyone examining its credibility.
(Excerpt) Read more at pjmedia.com ...
Commies have deep pockets lined with blood money.
Audit this POS commie front
The SPLC used to plant a big swastika on Minnesota making it look like at least 25 percent of the state were neo-Nazis. The reason for the big swastika was that a guy in Richfield ran a mail-order white power music distribution center out of his garage. The guy also had a PO box. The one-man operation was counted as one of the SPLC’s “hate groups”. I have a feeling that the overwhelming majority of “hate groups” are either totally non-existant or one or two man operations.
If the SPLC were an impeccable civil rights organization, why would it hide money in offshore accounts?
thats called a Chinese Laundry!!
They engage in racketeering. Defund them through Rico
They compare people to the Klan and threaten corporations that fund those people they don’t like. Essentially “we’ll brand you as Klansmen”.
Ask Madeline Murray O’Hare
How many of these “groups” are FBI undercover operations?
And the official response from the Poverty Pimps is:
“Yeah, so whatcha gonna doo ‘bout it, CRACKUH!”
Liberal idiots likely donate a lot to them, but I think you have nailed the secret of their success. SPLC has become a shakedown, a la Operation Push, with protection from corrupt Dems who dominate the IRS. Offshore accounts make no sense for an honest non-profit.
What kind of civil rights nonprofit has millions of dollars in offshore accounts?
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
The George Soros kind
Corporations donate to them. Al Sharpton used to shake down corporations with threats a protest but if you gave him a check he went away with no protest or change in the matter he was gonna protest.
So they are a criminal organization hiding money in tax free Cayman Islands.
What kind of civil rights nonprofit has millions of dollars in offshore accounts?
Clinton Foundation ?.
Not sure if Obama has named his yet.
“The reason for the big swastika was that a guy in Richfield ran a mail-order white power music distribution center out of his garage. The guy also had a PO box. The one-man operation was counted as one of the SPLC’s “hate groups”.”
Well, Resistance Records wasn’t really a one-man operation. It was basically an extension of the Minnesota chapter of the Northern Hammerskin skinhead group, the biggest skinhead group in the country. Still, I’d say they probably had 50 members in Minnesota at their peak, not exactly an existential threat.
Organization apparently is not impoverished, just a little late in deciding a name change for the group.
bkmk
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