dChan - Q Origins Project Archive

TerraMar Project. Whatever Happened to Ghislaine Maxwell’s Plan to Save the Oceans?

Around that time, the Clinton Global Initiative announced a “commitment to action” from the TerraMar Project. Little evidence exists that it amounted to much.

The tax returns of the TerraMar Project show that between 2013 and 2017 the organization received $196,000 in public support and paid out, in various expenses, more than $600,000, requiring loans from its president, Ms. Maxwell, totaling $549,093.

The filings do not provide names of the firms or individuals to whom those payments were made; no programs were started for work in the field. No grants were given.

“Over all these returns, not a single dollar,” said Mike Crabtree, a tax partner at Boulay, a C.P.A. firm in Minneapolis. “The returns don’t really show what’s going on, where the money is going and what it’s being used for.”

In 2014, TerraMar’s accounting and legal fees were more than $50,000, an unusually high number given the size and activity of the organization, according to Mr. Crabtree. “I don’t know if ‘suspicious’ is the word I’d use, but to generate those kinds of fees a lot more would have to be going on than this would reflect,” he said.

According to tax filings from 2013 to 2017, the organization gave out no money in grants.

https://archive.ph/QjzUv