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The Southern Poverty Law Center Is Sitting on $477 Million
weeklystandard.com ^ | 4/24/2018 | Jeryl Bier

Posted on 04/25/2018 7:30:40 AM PDT by rktman

If its balance sheet is any indication, Donald Trump’s presidency has been very good for the Southern Poverty Law Center. The SPLC's already impressive endowment grew a staggering 35 percent in fiscal year 2017 to more than $432 million. Including operating funds, total assets topped $477 million as of October 31, 2017. Total revenues and gains in fiscal 2017 exceeded $180 million, more than triple the organization's expenses for the year, of just under $60 million.

The SPLC has long been considered a fundraising powerhouse, but 2017's take was mind boggling by any standard. Donations were up 164 percent over 2016: The group took in $132 million between November 2016 and October 2017, compared with $50 million in the preceding 12 months.

(Excerpt) Read more at weeklystandard.com ...


TOPICS: Business/Economy; Crime/Corruption; Culture/Society; Philosophy
KEYWORDS: 2018election; 2020election; chafriggnching; conartists; election2018; election2020; electoralcollege; faithlesselectors; morrisdees; nationalpopularvote; npv; shakedownartists; splc
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To: rktman

Politics, and connections to government/politicians, is how you grow rich in America these days.

Just like in Russia.


21 posted on 04/25/2018 7:51:48 AM PDT by PGR88
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To: circlecity

What would it take for the left to discover its older roots and decry the SPLC as poverty mongers who sell out those they claim to help?


22 posted on 04/25/2018 7:53:37 AM PDT by HiTech RedNeck (Tryin' hard to win the No-Bull Prize.)
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To: circlecity

SPLC is a hedge fund that uses extremist politics as a marketing and political cover.

kind of like America’s top universities


23 posted on 04/25/2018 7:54:23 AM PDT by PGR88
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To: rktman

Sickening

And to think some here used to rely on the SPLC to bolster their position as they race baited


24 posted on 04/25/2018 7:55:01 AM PDT by wardaddy (As a southerner I've never trusted the Grand Old Party.....any questions?)
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To: George from New England; rktman; jeffersondem

Perhaps some will recall that after events in Charlottesville there was a large spike in donations to SPLC and ADL. Some of the high profile donors were laying out million dollar donations


25 posted on 04/25/2018 7:56:07 AM PDT by Ben Ficklin
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To: wardaddy

Well, even blind squirrels even get acorns sometimes.

If there wasn’t some tiny core of plausibility in the middle of SPLC protests, they soon would go nowhere.


26 posted on 04/25/2018 7:57:42 AM PDT by HiTech RedNeck (Tryin' hard to win the No-Bull Prize.)
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To: rktman

Isn’t this the “rich” that the left so much loves to hate?

Well, how about it, hypocrites?


27 posted on 04/25/2018 7:59:12 AM PDT by fwdude (History has no 'sides;' you're thinking of geometry.)
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To: rktman

Money Laundering!


28 posted on 04/25/2018 8:00:05 AM PDT by sevlex
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To: fwdude

But this is treasure for a CAUSE, dude


29 posted on 04/25/2018 8:00:45 AM PDT by HiTech RedNeck (Tryin' hard to win the No-Bull Prize.)
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To: circlecity

I’m convinced the SPLC is a money laundering operation. Nobody sits on that kind of cash just to sit on it.


30 posted on 04/25/2018 8:04:47 AM PDT by thoughtomator (Number of arrested coup conspirators to date: 0)
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To: thoughtomator

Well, some do. One might expect them to be a charity too. But nope.


31 posted on 04/25/2018 8:06:34 AM PDT by HiTech RedNeck (Tryin' hard to win the No-Bull Prize.)
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To: Ben Ficklin

“Perhaps some will recall that after events in Charlottesville there was a large spike in donations to SPLC and ADL. Some of the high profile donors were laying out million dollar donations”

The SPLC never lets a tragedy go to waste. Before the bodies got cold SPLC was pressuring corporations on their target list. Give, or else.

They gave. And once the protection payments began, they never stop without some kind of intervention.


32 posted on 04/25/2018 8:07:59 AM PDT by jeffersondem
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To: Ben Ficklin
The “alt Right” protestors at Charlottesville were led by a man with a long leftist pedigree who was suddenly converted to a new political position shortly before the protest. Nothing scares well to do liberals than an active rightist protest in the streets. It is not too hard to suspect the protest was a setup for the end of helping the Left.
33 posted on 04/25/2018 8:12:56 AM PDT by Wallace T.
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To: rktman

HATE really pays off!


34 posted on 04/25/2018 8:21:16 AM PDT by 48th SPS Crusader (I am an American. Not a Republican or a Democrat)
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To: HiTech RedNeck

I disagree

Just because they are well funded doesn’t mean they have something right somewhere

They are emblematic of our problem

A problem destroying us


35 posted on 04/25/2018 8:22:06 AM PDT by wardaddy (As a southerner I've never trusted the Grand Old Party.....any questions?)
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To: 48th SPS Crusader

Yup. Ask the “just-us” brothers.


36 posted on 04/25/2018 8:23:57 AM PDT by rktman (Enlisted in the Navy in '67 to protect folks rights to strip my rights. WTH?)
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To: rktman

SPLC: Socialists Plainly Love Cash


37 posted on 04/25/2018 8:25:25 AM PDT by liberalism is suicide
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To: Wallace T.
"were led by a man"

Here is a list of the names of the men leading the alt right at Charlottesville:

Jason Kessler, Richard Spencer, Mike Peinovich, Michael Hill, Matthew Heimbach, David Duke, Augustus Invictus, Pax Dickerson, Chris Cantwell, Andrew Anglin, Nathan Damigo, Robert Ray, Elliot Kline, Michael Tubbs, Jeff Scheop.

38 posted on 04/25/2018 8:33:22 AM PDT by Ben Ficklin
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To: HiTech RedNeck
Donald must be snickering about how a former real estate mogul and show wrestler with a playboy side can possibly be that powerful.

That was why Hillary wanted Trump for her opponent. And that is why the media gave him all that free media. She didn't want Rubio.

She got the twice-divorced Romeo that no conservative Republican would ever vote for.

HA!

39 posted on 04/25/2018 8:52:59 AM PDT by Slyfox (Not my circus, not my monkeys)
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To: FiddlePig

I bet that obama sent taxpayer money to that and many other hate groups.


40 posted on 04/25/2018 9:28:16 AM PDT by minnesota_bound
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