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mahatmakanejeeves

(60,961 posts)
Tue Mar 21, 2017, 02:28 PM Mar 2017

Georgia nonprofit says it unwittingly gave $25,000 to white nationalist Richard Spencer

Hat tip, a commenter at Joe.My.God: Hannity Rants About Comey Hearing: The Alt-Left Destroy-Trump Media Is On A Witch Hunt {VIDEO}

Michael R • 7 hours ago

Punchable Nazi Richard Spencer collected salaries of $3,156 in 2013, $7,984 in 2014 and $13,275 in 2015, according to his tax returns.

His parents received at least $2 million in federal farming subsidies over the last decade.

http://www.rawstory.com/2017/03/mystery-donor-funneled-25000-to-richard-spencer-through-group-unaware-of-white-nationalist-ties/

Mystery donor funneled $25,000 to Richard Spencer through group unaware of white nationalist ties

Travis Gettys
21 Mar 2017 at 07:05 ET

The largest donor to Richard Spencer’s nonprofit National Policy Institute had no idea the funds were going to a white nationalist.

A Georgia community group, the Community Foundation for the Central Savannah River Area, gave $25,000 to Spencer’s group in 2013 and 2014, according to three years of tax returns Spencer provided to the Los Angeles Times.

As usual, Raw Story took the story from somewhere else. Let's go to the source, so the person who did all the digging, Matt Pierce, gets credit for his work:

Georgia nonprofit says it unwittingly gave $25,000 to white nationalist Richard Spencer

By Matt Pearce matt.pearce@latimes.com
March 20, 2017, 6:45 pm

The largest donor to Richard Spencer’s nonprofit in recent years was a Georgia community foundation that said it didn’t know it was supporting a white nationalist. ... Its donations to his National Policy Institute totaled $25,000 from 2013 to 2014, according to three years of unpublished tax returns that Spencer gave to The Times.

The returns offer the most detailed look to date at the finances of a white nationalist who has risen to national prominence over the last year. The growing revenue of his organization — which has failed to file tax returns with the Internal Revenue Service since 2012 and as a result lost its tax-exempt status — came primarily from anonymous donors and conferences advocating a separate nation for white people.

The Georgia group, the Community Foundation for the Central Savannah River Area, which promotes philanthropy to a wide range of causes and counts the Masters golf tournament as one of its biggest donors, is based in Augusta and gives away between $5 million to $9 million a year. ... Its chief executive, Shell K. Berry, said the donations to Spencer’s group came from a “donor-advised fund” — a common arrangement in the charity world in which a donor gives money to one group with the intention of having it forwarded to others. The arrangement can offer the donor tax benefits as well as anonymity. ... Neither Berry nor Spencer would reveal the identity of the original donor.

Read the missing tax returns for Richard Spencer's nonprofit
....

Spencer declined to give a fuller accounting of how he sustains his personal life financially, but he comes from a well-to-do background. ... His family owns millions of dollars worth of cotton farmland in Louisiana, a business that has received at least $2 million in subsidies from the federal government over the last decade, according to a recent report from the Center for Investigative Reporting. (“Investigative journalists just discovered that my family is rich and successful,” Spencer tweeted Friday. “Shocking stuff.”)
....

matt.pearce@latimes.com

@mattdpearce
....

Copyright © 2017, Los Angeles Times

White nationalist gets his money from cotton fields – and the government

By Lance Williams / March 17, 2017

Two weeks after last year’s presidential election, white nationalist Richard Spencer held forth on a cable news show about how white people built America. ... “White people ultimately don’t need other races in order to succeed,” he told the audience of the black-oriented program, “NewsOne Now.”

The exchange grew heated as host Roland Martin questioned Spencer’s rhetoric: Didn’t slaves help build America? Wasn’t the nation’s 19th-century economic boom propelled by the slave labor that produced the world’s cotton on Southern plantations? ... America’s rise was “not through black people” and “has nothing to do with slavery,” Spencer retorted. “White people could have figured out another way to pick cotton,” he said. “We do it now.”

He is in a position to know. Spencer, along with his mother and sister, are absentee landlords of 5,200 acres of cotton and corn fields in an impoverished, largely African American region of Louisiana, according to records examined by Reveal from The Center for Investigative Reporting. The farms, controlled by multiple family-owned businesses, are worth millions: A 1,600-acre parcel sold for $4.3 million in 2012.

The Spencer family’s farms also are subsidized heavily by the federal government. From 2008 through 2015, the Spencers received $2 million in U.S. farm subsidy payments, according to federal data.
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