Southern Poverty Law Center Transfers Millions in Cash to Offshore Entities

[TomSea]

Southern Poverty Law Center Transfers Millions in Cash to Offshore Entities
Left-wing nonprofit pays lucrative six-figure salaries to top management

The SPLC's chief trial counsel Morris Dees / Getty Images

BY: Joe Schoffstall   Follow @JoeSchoffstall
August 31, 2017 5:00 am

The Southern Poverty Law Center (SPLC), a liberal, Alabama-based 501(c)(3) tax-exempt charitable organization that has gained prominence on the left for its "hate group" designations, pushes millions of dollars to offshore entities as part of its business dealings, records show.

Additionally, the nonprofit pays lucrative six-figure salaries to its top directors and key employees while spending little on legal services despite its stated intent of "fighting hate and bigotry" using litigation, education, and other forms of advocacy.

Continued: http://freebeacon.com/issues/southern-poverty-law-center-transfers-millions-in-cash-to-offshore-entities/

[endicom]

Hmmm...

mystery was alerted to a duplicate of this thread and the duplicate disappeared. This thread should perhaps have been bumped.


@mystery-ak

[Fishrrman]

I wonder if one or more individuals (of the SPLC) are gettin' ready to follow that money...?

[Smokin Joe]

From the link at the OP:

The SPLC has turned into a fundraising powerhouse, recording more than $50 million in contributions and $328 million in net assets on its 2015 Form 990, the most recently available tax form from the nonprofit. SPLC's Form 990-T, its business income tax return, from the same year shows that they have "financial interests" in the Cayman Islands, British Virgin Islands, and Bermuda. No information is available beyond the acknowledgment of the interests at the bottom of the form.

Peel back that rock, and there are likely to be money laundering bugs underneath.

[RoosGirl]

$328 million.  Not a bad take for a non-profit.

[Smokin Joe]

$328 million.  Not a bad take for a non-profit.

No telling how much more has been siphoned off, ahem, transferred out to offshore accounts since these people* started.

*The term "people" is used here in place of a wide variety of terms which would either trigger profanity filters, require moderator action, or offend the casual neoNazi/skinhead/antifa/GLBTQetc porn viewer. In no way should the use of the term "people" be construed as the intent to impart any degree of 'humanity' to those who run, are employed by, are directors of, receive donations from, or donate to the SPLC, nor the members of their immediate or expanded families or associates or incidental employees thereof. Any such resemblance is purely coincidental and not the intent of this writer to impart, whose opinions are solely his own.

[RoosGirl]

No telling how much more has been siphoned off, ahem, transferred out to offshore accounts since these people* started.

*The term "people" is used here in place of a wide variety of terms which would either trigger profanity filters, require moderator action, or offend the casual neoNazi/skinhead/antifa/GLBTQetc porn viewer. In no way should the use of the term "people" be construed as the intent to impart any degree of 'humanity' to those who run, are employed by, are directors of, receive donations from, or donate to the SPLC, nor the members of their immediate or expanded families or associates or incidental employees thereof. Any such resemblance is purely coincidental and not the intent of this writer to impart, whose opinions are solely his own.

Thank you for clarifying.

[Smokin Joe]

Thank you for clarifying.

Gotta have the disclaimer...

[Free Vulcan]

From the link at the OP:
Peel back that rock, and there are likely to be money laundering bugs underneath.

Money laundering, embezzlement, other shady enterprises, and hopefully not funding of terrorists.

[Smokin Joe]

Money laundering, embezzlement, other shady enterprises, and hopefully not funding of terrorists.

Hopefully not. Could be some heavy kickbacks in there, though, to maintain tax status and maybe 'rebates' on donations (give someone a buck, deduct the buck, get a 'rebate'--not necessarily to the entity that made the donation), lots of possibilities, and not enough data to accuse (yet).

[Wingnut]

Money laundering, embezzlement, other shady enterprises, and hopefully not funding of terrorists.

I would not be to concerned.  There really can't be much left after they line their pockets.

[Smokin Joe]

I would not be to concerned.  There really can't be much left after they line their pockets.

Yabbut, who got the kickbacks? Apparently they thought it worthwhile if such kickbacks occurred, and that could lead to some other interesting operations at all levels of the DEmocratcy.