This “Charity” Has Stuck $100 Million into Caribbean Investments

“Right now, millions of animals need you to stand up for them,” states the narrator of the Humane Society of the United States’ newest TV commercial. But if you donate to HSUS, your money will likely be put into offshore Caribbean hedge funds, not helping those animals.

Since 2012, HSUS has made over $100 million in “investments” into the Caribbean. Here’s how it breaks down by year (data from HSUS’s tax returns):

2012: $25,678,184

2013: $26,000,000

2014: $55,362,127

That adds up to over $100 million since 2012 into places like Fir Tree International Value Fund in the Caymans and Hayman Capital Offshore Partners, L.P. in Bermuda. Even more startling is that the $55 million “invested” in 2014 represents half of the money HSUS raised from the public that year.

Don’t you think some of those needy animals could use help right now? Help that the money could provide if it wasn’t sitting in offshore accounts? HSUS certainly does, in its advertising. But behind the scenes, its executives have other ideas—and HSUS donors don’t have a clue.

Posted on 02/08/2016 at 3:39 pm by Humane Watch Team.

Topics: Fundraising & MoneyFundraising Materials


  • Kevin Crotzer

    The scary thing about all of this is that their donations have gone up every year! are people just that stupid or what?

    • ALConservative

      Yep, they are!

  • MisterCadet

    HSUS has never responded to the question of why it has stashed over $100 million in Caribbean hedge funds. When asked directly, all HSUS can do is blame Humane Watch. That only makes me more convinced that HSUS is hiding nefarious and possibly criminal dealings. I am sure Wayne Pacelle does not want the progressive media he is so adept at manipulating finding out that HSUS is guilty of financial practices that progressives (and many on the right) strongly condemn when corporations do it. If HSUS has $100 million to send overseas, why does HSUS so aggressively raise money for it’s “international” animal protection programs?” The truth is Humane Society “International” is a giant scam. HSI charges for the few services it is involved in (indirectly, via unaffiliated veterinarians it contracts with to work “on behalf of HSI.”) Also on the international front, Wayne Pacelle had the gall to demand $1 million from a tiny Asian charity to promote a film exposing the dog meat trade in Korea. HSUS took $500,000 and ran, resulting in a lawsuit it is spending donor money to deal with.

    HSUS never fails to issue grandiose press releases about what great work HSI is doing, inserting quotes from people like Ricky Gervais (“my friends at Humane Society International are working tirelessly to stop the dog meat trade and they desperately need your help!”) Gervais does not write those words and he does support many genuine animal groups overseas so I don’t blame him. What is “desperately needed” is a serious investigation of all of this.

  • Hayman Capital is actually based in Texas, it’s typical for funds to be registered offshore (in places like the Cayman Islands), that way foreign investors can invest as well. Typically, foreign investors won’t invest into a fund that’s registered within the U.S. – if they did they would have to deal with the IRS when they otherwise wouldn’t need to. Non profits also invest into the offshore funds since non profits are tax-exempt organizations, it’s simpler and an investment industry standard. Sounds like the HSUS does a lot of investing, but the investing is probably legitimate. The organization may be misleading or slimy, but this “Caribbean Investments” argument isn’t relevant.

  • Paul Desgrippes

    This could all be avoided if charities switched to using public ledger blockchain technologies where you can follow every single cent every step of the way. Perhaps it came too late in this case, but going forward people should insist on their charities employing these technologies in the interests of transparency.