The Southern Poverty Law Center has sent millions of dollars to unregulated accounts in the Cayman Islands, British Virgin Islands and Bermuda. Known for its map of “hate” groups that list the KKK next to mainstream conservative organizations, the group has received large donations in the wake of the Charlottesville, Va., violence.
From the Washington Free Beacon:
Read Full Article »"It seems extremely unusual for a ‘501(c)(3)' concentrating upon reducing poverty in the American South to have multiple bank accounts in tax haven nations," Charles Ortel, a former Wall Street analyst and financial advisor who helped uncover a 2009 financial scandal at General Electric, told the Free Beacon.
The nonprofit also pays lucrative salaries to its top leadership.
Richard Cohen [above], 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.
