|
SPLC Moves Millions To Offshore Accounts
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. The Southern Poverty Law Center is perhaps best known for its "hate map," a collection of organizations the nonprofit deems "domestic hate groups" that lists mainstream conservative organizations alongside racist groups such as the Ku Klux Klan and is often referenced in the media. A gunman opened fire at the Washington, D.C., offices of the conservative Family Research Council in 2012 after seeing it listed as an "anti-gay" group on SPLC's website. 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. It's pretty clear to me that the SPLC does not strictly adhere to the 501(c)(3) guidelines as outlined by the IRS. Go and check out their 2015 Federal Form 990 and see, for example, how much in 'charity' this 'charity' gives back to the community, as that is one of the criteria for being granted exempt tax status. Line 13 of the first page of the 990 is fucking ZERO for both years; they simply do not give out any money. I have no problem with the IRS investigating and, when appropriate, revoking 501(c)(3) statuses and handing these cocksuckers a massive tax bill. To the best of my knowledge, the IRS has never done this as part of their duties, and it's well past time that it starts. Bye-bye, SPLC. Posted by: Raj 2017-08-31 |
| http://www.rantburg.com/poparticle.php?ID=496318 |