Mich. gov. dissolving fund with anonymous donors

October 21, 2013 • Business

Gov. Rick Snyder speaks about an increase in employment during a press conference at Midwest Bus Corporation on Monday afternoon, Oct. 21, 2013 in Owosso, Mich. The company will increase to more than 100 employees by year’s end. (AP Photo/The Flint Journal, Jake May) LOCAL TV OUT; LOCAL INTERNET OUT

LANSING, Mich. (AP) — Gov. Rick Snyder is dissolving a nonprofit fund that came under scrutiny because money from anonymous donors was used to pay one of his top aides and some expenses for Detroit’s state-appointed emergency manager.

The New Energy to Reinvest and Diversify, or NERD, fund is being replaced with a fund that will “go far and above” legal requirements by disclosing donors, the amounts given and an overview of expenditures, Snyder’s spokeswoman Sara Wurfel said Monday. She said while the Republican governor Login to read more

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