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Scandal-Plagued SPLC Has Millions in Offshore Accounts, Half a Billion in Assets

(PJ Media) 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. 

[Read more…]

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