In fact, poverty does not seem enter into the SPLC's concerns.
The Petrelis Files exposes the fabulous wealth of the poverty pimps running the SPLC. Not only does the SPLC have about $190 million in the bank, but that banks appears to be in a tax haven - the Cayman Islands (form 1099, part V, line 4b). Could it be in case Morris Dees, head of the SPLC, decides to leave the country with the SPLC treasury?
It looks like he's already helped himself to much of it. Dees pays himself $350,000 per year, and travels on chartered planes (private jets for those of you in flyover country).
Poverty pays very well as evidenced by Dees home and wife:
The swimming pool, as seen from the pool house.
An area in the main house for relaxing conversations.
The studio building for Dees' wife Susan Starr.
A lounging jacket designed and modeled by Starr.
Played right, poverty a a very lucrative business. After seeing these pictures we can better understand why Dees and the SPLC is such a go-to source for the media. Dees is just like them.
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In 1994, Morris Dees vowed that he would stop all fund-raising when the bloated Endowment Fund hit the $100 million dollar mark, which it did by 2002.
And yet the fund-raising letters went out like clockwork.
In 2008, the Endowment Fund broke the $200 million dollar mark.
And yet the fund-raising letters went out like clockwork.
Last year the SPLC's total annual expenses came to $29 million dollars, $5.3 million of which went to fund-raising (compared with the measly $1.1 million that actually went to legal case costs).
Total donations exceeded $31 million and the Endowment Fund grew by $39 million in tax-free interest.
This means that the SPLC could have met all of its operations costs and STILL dump $10 million tax-free dollars into the Endowment Fund... without soliciting a single dime.
If you subtract the $5.3 million in fund-raising costs, which would no longer be necessary, the SPLC could have paid all the bills and still dumped $15 million into the bank.
For every $100 check some well-meaning, blue-haired old lady sends the SPLC, $40 dollars go toward salaries, $3.70 cents goes toward legal case costs...
and $19 dollars go toward getting Granny to cut the NEXT hundred dollar check.
The Bloated Endowment Fund
The most ironic (read: “hypocritical”) thing about the Southern Poverty Law Center is that NOT ONE of its top ten, highest paid executives is a minority.
SPLC:Whites Only
In fact, according to the SPLC’s hometown newspaper, the Montgomery Advertiser, despite being located LITERALLY in the back yard of Dr. Martin Luther King’s home church, the SPLC has NEVER hired a person of color to a highly paid position of power.
Some “experts”
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