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The Water Cooler
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Southern Poverty Law Center Transfers Millions in Cash to Offshore Entities
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<blockquote data-quote="RugersGR8" data-source="post: 3028785" data-attributes="member: 56"><p><a href="http://freebeacon.com/issues/southern-poverty-law-center-transfers-millions-in-cash-to-offshore-entities/" target="_blank">http://freebeacon.com/issues/southern-poverty-law-center-transfers-millions-in-cash-to-offshore-entities/</a></p><p><span style="font-size: 22px"><strong>Southern Poverty Law Center Transfers Millions in Cash to Offshore Entities</strong></span></p><p>BY: <a href="http://freebeacon.com/author/joe-schoffstall/" target="_blank">Joe Schoffstall</a></p><p>August 31, 2017 5:00 am</p><p> </p><p><em>..."I've never known a US-based nonprofit dealing in human rights or social services to have any foreign bank accounts," said Amy Sterling Casil, CEO of Pacific Human Capital, a California-based nonprofit consulting firm. "My impression based on prior interactions is that they have a small, modestly paid staff, and were regarded by most in the industry as frugal and reliable. I am stunned to learn of transfers of millions to offshore bank accounts. It is a huge red flag and would have been completely unacceptable to any wealthy, responsible, experienced board member who was committed to a charitable mission who I ever worked with."</em></p><p> </p><p><em>"It is unethical for any US-based charity to invest large sums of money overseas," said Casil. "I know of no legitimate reason for any US-based nonprofit to put money in overseas, unregulated bank accounts."...</em></p></blockquote><p></p>
[QUOTE="RugersGR8, post: 3028785, member: 56"] [URL]http://freebeacon.com/issues/southern-poverty-law-center-transfers-millions-in-cash-to-offshore-entities/[/URL] [SIZE=6][B]Southern Poverty Law Center Transfers Millions in Cash to Offshore Entities[/B][/SIZE] BY: [URL='http://freebeacon.com/author/joe-schoffstall/']Joe Schoffstall[/URL] August 31, 2017 5:00 am [I]..."I've never known a US-based nonprofit dealing in human rights or social services to have any foreign bank accounts," said Amy Sterling Casil, CEO of Pacific Human Capital, a California-based nonprofit consulting firm. "My impression based on prior interactions is that they have a small, modestly paid staff, and were regarded by most in the industry as frugal and reliable. I am stunned to learn of transfers of millions to offshore bank accounts. It is a huge red flag and would have been completely unacceptable to any wealthy, responsible, experienced board member who was committed to a charitable mission who I ever worked with."[/I] [I]"It is unethical for any US-based charity to invest large sums of money overseas," said Casil. "I know of no legitimate reason for any US-based nonprofit to put money in overseas, unregulated bank accounts."...[/I] [/QUOTE]
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