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Corporate America Needs to Fight Hate, Not Help It Flourish

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After what many view as President Trump’s incompetent handling of the violence in Charlottesville, VA, many organizations are cashing in on the tragedy. The notorious Southern Poverty Law Center is a prime example, explains Kimberley A. Strassel in the WSJ. SPLC is raking in millions on its embellished reputation as a group that “fights hate.”

Apple CEO Tim Cook informed employees that his company is giving $1 million to SPLC and matching employee donations. J.P. Morgan Chase is pitching in $500,000, specifically to further the SPLC’s “work in tracking, exposing and fighting hate groups and other extremist organizations,” in the words of Peter Scher, the bank’s head of corporate responsibility.

Had the companies done a bit of homework, they’d have discovered the SPLC isn’t even considered a sound charity. Karl Zinsmeister excoriated the outfit in a recent article for Philanthropy Roundtable: “Its two largest expenses are propaganda operations: creating its annual list of ‘haters’ and ‘extremists,’ and running a big effort that pushes ‘tolerance education’ through more than 400,000 public-school teachers. And the single biggest effort undertaken by the SPLC? Fundraising. On the organization’s 2015 IRS 990 form it declared $10 million of direct fundraising expenses, far more than it has ever spent on legal services.”

The corporate donations are nonetheless appalling, as they legitimize a group that already exercises inappropriate influence. The SPLC’s list is cited regularly by the media and congressional Democrats, ignorant or uncaring of its falsehoods. The charity tracker GuideStar for a time attached warning labels to philanthropies flagged by the SPLC.

Read more from KS on this far-left activist group here.

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Debbie Young

Debbie, editor-in-chief of Richardcyoung.com, has been associate editor of Dick Young’s investment strategy reports for over three decades. When not in Key West, Debbie spends her free time researching and writing in and about Paris and Burgundy, France, cooking on her AGA Cooker, driving her Porsche Boxter S through Vermont and Maine, and practicing yoga.