Snyder "NERD Fund" gets less money

6:12 am
Fri August 16, 2013

Snyder "NERD Fund" gets less money

Lead in text: 
The fund has been criticized by watchdog groups because it isn't required to report details of unlimited and anonymous donations from companies and individuals.
LANSING - Fund-raising by Gov. Rick Snyder's controversial "NERD Fund" was down sharply in 2012 and the nonprofit organization spent more money than it took in, according to a financial report released late Wednesday. In a report filed with the Internal Revenue Service, Snyder's New Energy to Reinvent and Diversify Fund said it raised $368,000 in 2012, down from $1.3 million in 2011.