There have been recent articles about the SPLC and their “millions in offshore accounts.” But as a tax accountant, there doesn’t appear to be anything illegal or suspicious in the way they invest their funds — much in the same way that Mitt Romney’s items were completely fine. Non-profits have restrictions on the way they can and cannot invest, so what the SPLC has done or is doing in this regard appears to be rather ordinary.
But if I were the SPLC, I would like nothing better than to have people jumping up and down about my “foreign bank account” so that they’ll completely ignore the fact that the IRS should investigate and reconsider the tax status of the SPLC.
The SPLC intentionally and willfully becomes political by going after various groups, people, and ideologies –with whom they disagree –to denigrate them while lumping them in with true extremists (like the KKK). Then the SPLC issues press releases and maps for the media to pick up the stories. Their running count of “hate” is 917, and their total amount of “monitoring of hate” is 1,600+ — how is this not political?