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Friday, April 19, 2024

Soros-funded organisation keeps hundreds of millions on off-shore account

By V4 Agency

A US organisation called the Southern Poverty Law Center keeps more than USD 160 million in various offshore accounts. It has received tens of thousands of dollars in support from George Soros.

George Soros’s Open Society Foundations supported the American organisation Southern Poverty Law Center (SPLC) with 75 thousand dollars in 2016. The Alabama-based organisation deals with legal matters, mostly in cases involving hate groups.

SPLC’s management has multiple members who came from other Soros-funded organisations. President/CEO Margaret Huang was executive director Amnesty International USA, and Chief Development Officer Danny McGregor also came from Amnesty.

SPLC’s latest audited financial statements reveal that the group had USD 162 million in various offshore funds as of October 21, 2020, according to the Washington Free Beacon. The group’s tax forms show that it raked in 108 million dollars in donations between November 2019 and the end of 2020, up 11 million dollars on the previous year.

SPLC has also partnered with big tech companies – such as Amazon, Facebook, Google, Twitter, and PayPal – to identify “hate groups.”  It is also part of a “hate crime” database used by dozens of media outlets, including Google News Labs, The New York Times Opinion and ABC News.

The database Documenting Hate was created by the organisation ProPublica following Donald Trump’s 2016 election victory in the US. In 2017, the New York Times expressed its endorsement of the project. In many instances, unverified information was processed in the project that enjoyed hundreds of thousands of dollars in funding awarded by George Soros’s foundation. 

The 2017 financial documents of the Foundation to Promote Open Society show that ProPublica was granted 485 thousand dollars.

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