“If the SPLC were an impeccable civil rights organization, why would it hide money in offshore accounts?”
(Tyler O’Neill at Pajamas Media)
I haven’t paid much attention lately to the king of non-profit scammers—the Southern Poverty Law Center—so it’s good that watchdog Tyler O’Neill is doing the job along with others in the alternative media.
You won’t see this news at CNN, MSNBC or the New York Times.
From Tyler O’Neill at Pajamas Media:
Exaggerating Hate Pays: Scandal-Plagued SPLC Has Millions in Offshore Accounts, Half a Billion in Assets
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.
Then again, this organization has so many red flags, it’s hard to know where to start. Someone should write a book about it! Oh wait, I already did that.
Continue reading, there is much more.
They have once again listed Refugee Resettlement Watch as a hate group, nevermind that RRW is just me and my blog. I wonder if I have any legal rights?
By the way, I suspect I was recommended for their list by the Hebrew Immigrant Aid Society several years ago because I was exposing HIAS’s ‘business model’. I explain all that at RRW in 2014.
I have no way of proving it, but I suspect that HIAS and the SPLC had a hand in shutting down RRW last summer.