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Scandal-Plagued SPLC's Net Worth Still Grew $52 Million to $545 Million


As you may recall, the Southern Poverty Law Center, America’s most lucrative hate group, had a tumultuous 2019, what with it firing its living legend co-founder Morris Dees, its CEO Richard Cohen, and several other top staffers over hazily specified allegations of racism and sexism.

The SPLC announced in March 2019 that it was hiring woke freelance fixer Tina Tchen, the former Michelle Obama chief of staff who made the phone call to Chicago DA Kim Foxx that apparently got Jussie Smollett off the hook, to investigate what is really going on and issue a public report.

Thirteen months later, I haven’t been able to find a peep from Tchen.

So, how did all these scandals affect the SPLC financially?

It just got richer.

Granted its pile of lucre didn’t grow as fast in fiscal year 2019, ending October 31, 2019, as during the previous Trump Derangement Syndrome years of 2017-2018, but, according to its new financial statement, it still piled up another $52 million more than it spent last year, with Net Assets growing from $493 million to $545 million.

There are many theories about why the SPLC keeps accumulating, in onshore and offshore accounts, such an immense amount of money rather than spend it heroically battling the Ku Klux Klan.

My best guess is only modestly scandalous: the SPLC can’t spend vast amounts of money annually grappling with the Ku Klux Klan because the KKK can barely be said to exist anymore and it definitely doesn’t have deep pockets. But Morris is a junk mail genius who loves fundraising, so the SPLC juggernaut keeps rolling along doing what it does best — fear-mongering and fundraising — despite the near total lack of need for its services.

Originally appeared at: VDare