[Vision2020] a non-profit that isn't

[Ron Force]

Non-US equity funds? If you have an endowment (or any substantial amount of
money) it's wise to have some of that invested outside the US. US mutual
fund investors have 27% of their investments in international equities
(stocks) according to Vanguard https://personal.vanguard.com/pdf/icriecr.pdf
.

Ron Force
Moscow Idaho USA

On Thu, Aug 31, 2017 at 5:18 PM, Ted Moffett <starbliss at gmail.com> wrote:

> What the heck?
>
> I just in the past hour had this exact website from Charity Navigator
> regarding the SPLC ready to post to Vision2020... Good to read someone else
> doing it...
>
> I was holding off on posting till I did my own research on some of the
> claims in this article on the SPLC from the Washington Free Beacon.
>
> Everyone has political and ideological confirmation bias filters that
> result in unquestioning belief in information that confirms their bias, and
> disbelief in and rejection of information that disputes their bias.  Thus
> it behooves everyone to check on the veracity of all information sources,
> regardless!  Right?
>
> I dug a bit deeper into the Washington Free Beacon story on the finances
> of the SPLC regarding this claim:
>
> "The SPLC, which claims <https://www.splcenter.org/seeking-justice> to
> boast a staff of 75 lawyers who practice in the area of children's rights,
> economic justice, immigrant justice, LGBT rights, and criminal justice
> reform, reported
> <https://www.splcenter.org/sites/default/files/990_103116.pdf> spending
> only $61,000 on legal services in 2015."
>
> Here is the tax form source the story was referencing:
>
> https://www.splcenter.org/sites/default/files/990_103116.pdf
>
> I read through this rather long tax form to find the $61,000 legal
> expenses figure they referenced.  I assume this is what they were quoting:
> Under Part IX "Statement of Functional Expenses," 11b Legal, is the amount
> $61, 808.  But I do not think this is the total legal expenses spent on
> their entire staff of lawyers, unless I am misinterpreting.  This is a
> separate legal cost figure for only a part of their operations.  So if I
> am right (?), the Washington Free Beacon is engaging in a grossly
> misleading use of so called "facts" to promote an agenda.
>
> Here is a figure for the SPLC "legal services" from their 2016 Annual
> Report on page 18 of the pdf at the following website, toward the bottom.
> The tax form with the $61,808 legal cost figure is from 2015, but still the
> figure given below for 2016 legal costs blows the $61,000 claim out of the
> water!
>
> https://www.splcenter.org/sites/default/files/com_splc_annua
> l_report_2016-2017web.pdf
>
> *STATEMENT OF ACTIVITIES*
> Legal Services $15,352, 662
> --------------------
> Regarding their "offshore" financial connections, they do list "non-US
> equity funds" under "Assets" at $69,093,576, and other types of "funds,"
> the parsing between I admit at this moment I do not possess the banking
> expertise to explain.
> ---------------------------------------
> Vision2020 Post: Ted Moffett
>
>
> On Thu, Aug 31, 2017 at 4:28 PM, Ron Force <ronforce at gmail.com> wrote:
>
> You can judge how accurate this is by looking nonprofits up on Charity
>> Navigator. Here's the SPLC info:
>>
>
>
>> https://www.charitynavigator.org/index.cfm?bay=search.summary&orgid=4482
>>
>> Ron Force
>> Moscow Idaho USA
>>
>> On Thu, Aug 31, 2017 at 2:09 PM, g crabtree <direoutcome at gmail.com>
>> wrote:
>>
>
>
>> "The Southern Poverty Law Center (SPLC), a liberal, Alabama-based
>>> 501(c)(3) tax-exempt charitable organization that has gained prominence on
>>> the left for its "hate group" designations, pushes millions of dollars to
>>> offshore entities as part of its business dealings, records show.
>>>
>>> Additionally, the nonprofit pays lucrative six-figure salaries to its
>>> top directors and key employees while spending little on legal services
>>> despite its stated intent of "fighting hate and bigotry" using litigation,
>>> education, and other forms of advocacy."
>>>
>>> For the rest of the story please see:  http://freebeacon.com/issues/
>>> southern-poverty-law-center-transfers-millions-in-cash-to-of
>>> fshore-entities/
>>>
>>> An extremely eye opening read. Perhaps folks will stop citing these
>>> money grubbing grifters as the font from which all moral authority flows.
>>>
>>>
>>> g.
>>>
>>> =======================================================
>>>  List services made available by First Step Internet,
>>>  serving the communities of the Palouse since 1994.
>>>                http://www.fsr.net
>>>           mailto:Vision2020 at moscow.com
>>> =======================================================
>>>
>>
>>
>> =======================================================
>>  List services made available by First Step Internet,
>>  serving the communities of the Palouse since 1994.
>>                http://www.fsr.net
>>           mailto:Vision2020 at moscow.com
>> =======================================================
>>
>
>
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