Planet Aid is one of America’s largest ‘charity’ used clothing collectors, with 19,000 bins earning it over $30 million a year. The nonprofit always denies any connection with the Teachers Group. Here are the facts:
Planet Aid’s founder and still its most senior director, is deeply involved in Teachers Group (TG) offshore finance.
For example, from 2004 until 2012 he was a director of the key Swiss offshore association, the Federation for Associations Connected to the International Humana People-to-People Movement, which appears so central to the TG financial system. He has other roles in the TG as well.
The Swiss Federation
Planet Aid is officially an affiliate of the same Swiss Federation. This appears to mean that the charity’s finances are effectively controlled through a Swiss offshore body. Planet Aid Inc itself is registered in Massachusetts.
Planet Aid’s other directors
Fred Olssen, Jytte Martinussen and Ester Neltrup are or have been connected closely with other TG initiatives, as directors, trustees or employees.
This specified Planet Aid as a TG operation and stated that ‘little to no money goes to the charities’.