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News & Current Events Discuss Southern Poverty Law Center fires co-founder, declines to say what hes alleged to ha at the General Forum; The uber-lib group, SPLC, booted its co-founder. No word as to why. Maybe he accidentally told the truth 'bout somethin'. ...

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Old 03-14-2019, 06:17 PM
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Default Southern Poverty Law Center fires co-founder, declines to say what hes alleged to ha

The uber-lib group, SPLC, booted its co-founder. No word as to why. Maybe he accidentally told the truth 'bout somethin'.

Southern Poverty Law Center fires co-founder, declines to say what hes alleged to have done
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Old 03-14-2019, 11:48 PM
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Default Re: Southern Poverty Law Center fires co-founder, declines to say what hes alleged t

Possibly the reason...

Southern Poverty Surpasses Half Billion in Assets; $121 Million Now Offshore

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The Southern Poverty Law Center (SPLC), a far-left nonprofit known for its "hate group" designations, has surpassed a half billion dollars in total assets and now has $121 million parked offshore, according to the group's most recent financial statements.

The SPLC, which is based in Montgomery, Ala., has not publicly posted its most recent financial statements on its website. However, the organization applied for renewal in the state of California days ago and submitted a number of documents pertaining to its financial standing including its most recent audited statement and tax forms for calendar year 2018, which covers Nov. 1, 2017 to Oct. 31, 2018.

According to the filings submitted to California's Office of Attorney General, the group reported total assets of $518 million from November 2017 to the Oct. 31, 2018, an increase of $41 million from the $477 million in total assets it reported on its previous year's tax forms.

The SPLC's assets increased despite its total revenue falling by $15 million last year. The SPLC hauled in $136 million in total revenue throughout 2017. This number fell to $121 million in 2018. Its contributions and grants also fell by more than $20 million from 2017 to 2018, from $132 million to $111 million.

Despite the fall in revenue, the SPLC's vast investment portfolio expanded in 2018, which included a drastic increase in the amount of money it has parked overseas. By the end of 2018, its non-U.S. equity funds rose to $121 million, an uptick of nearly $30 million from the $92 million it had parked in offshore investments throughout 2017.

While little is known about its actual transfers to offshore entities, in 2017 the Washington Free Beacon discovered foreign forms from the group that showed a small fraction of its previous transactions to a number of entities located in the Cayman Islands. Those foreign forms are not required to be publicly disclosed by the SPLC and are the only known forms showing the nature of its transfers to offshore entities. The SPLC also has interests in Bermuda and the British Virgin Islands.
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Old 03-15-2019, 10:52 AM
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Default Re: Southern Poverty Law Center fires co-founder, declines to say what hes alleged t

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Originally Posted by cnredd View Post
At least SPLC seems to have overcome that poverty thingy.

So they are moving money overseas through the Caymans to avoid bothersome accounting problems. Since that is exactly what the left is screaming about corporations doing, I'm sure they'll be all over this.
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Old 03-15-2019, 05:56 PM
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Default Re: Southern Poverty Law Center fires co-founder, declines to say what hes alleged t

Hmmm....

Internal emails reveal sexual harassment allegations against fired SPLC founder Morris Dees

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Internal emails obtained by the Alabama Political Reporter contain multiple allegations that fired Southern Poverty Law Center co-founder Morris Dees sexually harassed employees, providing more insight into the potential reasons for his termination.

SPLC employees claim that not only did Dees sexually harass employees on multiple occasions, but SPLC leadership also either ignored or covered up reports of his misconduct. Dees denies all the allegations.
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Old 03-15-2019, 11:27 PM
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Default Re: Southern Poverty Law Center fires co-founder, declines to say what hes alleged t

I fully expect the media to stop kowtowing to this terrorist organiation and start treated them like the scum that they are...
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