Almost worthy of its own thread. The actual forms are listed and linked and can be independently fact checked. The amounts and locations are specific.
http://freebeacon.com/issues/southe...nsfers-millions-in-cash-to-offshore-entities/
Southern Poverty Law Center Transfers Millions in Cash to Offshore Entities
Left-wing nonprofit pays lucrative six-figure salaries to top management
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.
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The SPLC's Form
8865, a Return of U.S. Persons With Respect to Certain Foreign Partnerships, from 2014 shows that the nonprofit transferred hundreds of thousands to an account located in the Cayman Islands.
SPLC lists Tiger Global Management LLC, a New York-based private equity financial firm, as an agent on its form. The form
shows a foreign partnership between the SPLC and Tiger Global Private Investment Partners IX, L.P., a
pooled investment fund in the Cayman Islands. SPLC transferred $960,000 in cash on Nov. 24, 2014 to Tiger Global Private Investment Partners IX, L.P, its records show.
The SPLC's Form
926, a Return by a U.S. Transferor of Property to a Foreign Corporation, from 2014 shows additional cash transactions that the nonprofit had sent to offshore funds.
The SPLC
reported a $102,007 cash transfer on Dec. 24, 2014 to BPV-III Cayman X Limited, a foreign entity located in the Cayman Islands. The group then sent $157,574 in cash to BPV-III Cayman XI Limited on Dec. 31, 2014, an entity that lists the same PO Box address in Grand Cayman as the previous transfer.
The nonprofit pushed millions more into offshore funds at the beginning of 2015.
On March 1, 2015, SPLC
sent $2,200,000 to an entity incorporated in Canana Bay, Cayman Islands, according to Securities and Exchange Commission (SEC)
records and run by a firm firm based in Greenwich, Ct. Another $2,200,000 cash transfer was
made on the same day to another fund whose business is located at the same address as the previous fund in the Cayman Islands, according to SEC
records.