Southern Poverty Law Center outed for moving millions to offshore bank accounts

SG SPLC Cohen

SPLC President Richard Cohen. BPR screen grab.

The Southern Poverty Law Center transfers millions of dollars to offshore entities as part of its business dealings.

The Alabama-based 501(c)(3) tax-exempt charitable organization known for its so-called “hate group” designations — which the media swears by — also “pays lucrative six-figure salaries to its top directors and key employees while spending little on legal services,” The Washington Free Beacon reported.

More from the Free Beacon:

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.

 

Amy Sterling Casil, CEO of Pacific Human Capital, a California nonprofit consulting firm, told the online news outlet that there is “no legitimate reason for any US-based nonprofit to put money in overseas, unregulated bank accounts.”

“I’ve never known a US-based nonprofit dealing in human rights or social services to have any foreign bank accounts,” Casil said. “It is unethical for any US-based charity to invest large sums of money overseas.”

Meanwhile, SPLC has declared three of America’s largest Army bases, each named after Confederate military leaders, to be Confederate monuments.

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In an appeal to activists, the SPLC is calling on them to “take down” the bases, which have “the potential to unleash more turmoil and bloodshed,” says the group’s website.

The three bases are Fort Benning in Georgia, Fort Bragg in North Carolina and Fort Hood in Texas, and are part of a list of 1,500 alleged “Confederate monuments.”

Liberty Counsel, a litigation, education, and policy organization that fights to advance religious freedom, said SPLC should rename its “Hate Map” to “Groups We Hate Map.”

Characterized as a “hate group” on the infamous map, Liberty Counsel finds itself a frequent target of the far-left organization.

“The SPLC makes wide generalizations and then seeks to harm those within its self-proclaimed classification of others,” Liberty Counsel said in an email to supporters.

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