Why the Southern Poverty Law Center sends money to the Cayman Islands is a mystery.
As a Left-wing non-profit, the Southern Poverty Law Center sends a lot of money overseas. Is it typical for non-profit organizations to engage in offshore banking? Additionally, the salaries the group pays its leadership are staggering.
Think about how these facts would be covered by the mainstream press if it was a conservative thinktank sending millions to a bank in the British Virgin Islands!
The Washington Free Beacon reports, “Southern Poverty Law Center Transfers Millions in Cash to Offshore Entities.”
“I’ve never known a US-based nonprofit dealing in human rights or social services to have any foreign bank accounts,” said Amy Sterling Casil, CEO of Pacific Human Capital, a California-based nonprofit consulting firm. “My impression based on prior interactions is that they have a small, modestly paid staff, and were regarded by most in the industry as frugal and reliable. I am stunned to learn of transfers of millions to offshore bank accounts. It is a huge red flag and would have been completely unacceptable to any wealthy, responsible, experienced board member who was committed to a charitable mission who I ever worked with.”[…]
The nonprofit also pays lucrative salaries to its top leadership.
Richard Cohen, president and chief executive officer of the SPLC, was given $346,218 in base compensation in 2015, its tax forms show. Cohen received $20,000 more in other reportable compensation and non-taxable benefits. Morris Dees, SPLC’s chief trial counsel, received a salary of $329,560 with $42,000 in additional reportable compensation and non-taxable benefits.
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