Despite its penurious name, the Southern Poverty Law Center has an endowment of more than $700 million, compensates leadership handsomely, and possesses more than $30 million in offshore accounts—likely in the Cayman Islands, its most recent IRS filing reveals.
“It’s very odd and frankly raises suspicion that a nonprofit organization would have accounts in places like the Cayman Islands, or as they reported $30 million in Central America,” Mat Staver, founder and chairman of the law firm Liberty Counsel, told The Daily Signal on Tuesday.
“The Cayman Islands has always been known as one of these places that people select to hide their money from the government,” he noted. “This is a public charity, and they should explain to the public, why do they find it necessary to have money in these offshore accounts? I don’t think there’s any good explanation.”
As I wrote in my book, “Making Hate Pay,” the SPLC gained its reputation by suing Ku Klux Klan groups into bankruptcy, and it publishes an annual “hate map” that includes mainstream conservative and Christian nonprofits alongside Klan chapters. The SPLC uses this map to urge Big Tech and financial companies to blacklist conservatives, to advise law enforcement on “hate” threats, and to urge donors to contribute to its cause of fighting “hate.”
Staver is representing the Dustin Inman Society, a nonprofit that opposes illegal immigration, in a defamation lawsuit against the SPLC, which called the society an “anti-immigrant hate group.”
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Author: Dillon B
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