NERD fund http://michiganradio.org en Michigan Attorney General to report future donors to his nonprofit fund http://michiganradio.org/post/michigan-attorney-general-report-future-donors-his-nonprofit-fund <p><br />LANSING, Mich. (AP) - Michigan Attorney General Bill Schuette has decided that future donors to his nonprofit "social welfare" fund should be disclosed to the public.<br /><br />The decision announced late Friday comes in the wake of Governor Rick Snyder's decision to dissolve his 501c4 fund and create a new one.<br /><br />Schuette's On Duty for Michigan fund has been able to legally accept unlimited amounts of money from anonymous donors. Fund board member Gary Gordon says the money has "reduced the burden on taxpayers" and improved the effectiveness of Schuette's office. Sat, 26 Oct 2013 18:35:00 +0000 The Associated Press 15008 at http://michiganradio.org Michigan Attorney General to report future donors to his nonprofit fund Jack Lessenberry talks Detroit bankruptcy, NERD fund and fracking http://michiganradio.org/post/jack-lessenberry-talks-detroit-bankruptcy-nerd-fund-and-fracking <p>In this <em>Week in Michigan Politics, </em>Christina Shockley and Jack Lessenberry discuss Detroit's bankruptcy eligibility trial, Governor Snyder's <a href="http://michiganradio.org/post/governor-snyder-shutting-down-controversial-nerd-fund">NERD fund</a>, and new proposed <a href="http://michiganradio.org/post/state-proposes-new-fracking-rules">fracking rules</a>.</p><p> Wed, 23 Oct 2013 12:39:07 +0000 Jack Lessenberry, Christina Shockley & Emily Fox 14958 at http://michiganradio.org Jack Lessenberry talks Detroit bankruptcy, NERD fund and fracking In this morning's headlines: NERD fund gone, HiPark financial trouble, Det Council rejects loan deal http://michiganradio.org/post/mornings-headlines-nerd-fund-gone-hipark-financial-trouble-det-council-rejects-loan-deal <p><strong>Gov. Snyder shuts down NERD fund</strong></p><p>"Governor Rick Snyder’s controversial NERD Fund will be shut down this week and replaced. Its official name is the New Energy to Reinvent and Diversify Fund. Governor Snyder used the fund to pick up costs he says should not be paid by taxpayers," Rick Pluta <a href="http://michiganradio.org/post/governor-snyder-shutting-down-controversial-nerd-fund">reports. </a></p><p><strong>Highland Park could have an Emergency Manager soon</strong></p><p>A state board has determined that the city of Highland Park has probable<a href="http://michiganradio.org/post/highland-park-could-go-back-under-state-oversight-ecorse-schools-get-reprieve"> financial distress</a>. Gov. Rick Snyder will next appoint a review team which could lead to an appointment of an emergency manager. According the Associated Press, "The Local Emergency Financial Assistance Loan Board also determined there is no probable financial distress in Ecorse Public Schools. A similar hearing is scheduled Wednesday for Royal Oak Township."</p><p><strong>Detroit City Council rejects loan deal from EM</strong></p><p><br />"The Detroit City Council has rejected a proposed $350 million loan deal. Emergency manager Kevyn Orr . . . planned to use most of the $ 350 million to pay off two banks. That’s controversial because he’s proposed much steeper cuts for other Detroit creditors. Bankruptcy court Judge Steven Rhodes will have to sign off on the deal," Sarah Cwiek <a href="http://michiganradio.org/post/detroit-council-hopes-send-message-rejecting-loan-proposal">reports. </a><br /> Tue, 22 Oct 2013 11:25:39 +0000 Michigan Radio Newsroom 14938 at http://michiganradio.org In this morning's headlines: NERD fund gone, HiPark financial trouble, Det Council rejects loan deal A summary of the week's news with Jack Lessenberry http://michiganradio.org/post/summary-weeks-news-jack-lessenberry <p>This week in review, Rina Miller and Jack Lessenberry discuss Governor Snyder&#39;s <a href="http://michiganradio.org/post/unions-question-gov-snyder-under-oath-about-detroit-bankruptcy">testimony </a>regarding the Detroit bankruptcy filing, the governor&#39;s <a href="http://michiganradio.org/post/snyder-deposition-goes-public-claims-he-doesn-t-know-nerd-fund-donors">NERD fund</a>, and the<a href="http://michiganradio.org/post/former-detroit-mayor-kwame-kilpatrick-sentenced-28-years-prison"> sentencing</a> of former Detroit mayor, Kwame Kilpatrick.</p><p>The interview can be heard below</p><p> Sat, 12 Oct 2013 12:25:00 +0000 Rina Miller 14816 at http://michiganradio.org A summary of the week's news with Jack Lessenberry Governor Snyder's NERD fund is seeing a sharp decrease in contributions http://michiganradio.org/post/governor-snyders-nerd-fund-seeing-sharp-decrease-contributions <p>Donations to Governor Snyder’s civic fund decreased last year by a lot. The 501(c)4 known as The New Energy to Reinvent and Diversity Fund – or “NERD Fund” for short – received $1.3 million in 2011, but in 2012 , the number was $368,000.</p><p>Jonathan Oosting&nbsp;is with MLive.com. He&nbsp;<a href="http://www.mlive.com/politics/index.ssf/2013/08/michigan_gov_rick_snyders_nerd.html">reports</a>, “the NERD fund earns tax-exempt status by purporting to 'promote charitable causes including lessening the financial burdens of government in the state of Michigan.'”</p><p>Oosting joined us today.</p><p><em>Listen to the full interview above.</em></p><p> Mon, 19 Aug 2013 21:37:24 +0000 Stateside Staff 14051 at http://michiganradio.org Governor Snyder's NERD fund is seeing a sharp decrease in contributions Stateside for Monday, August 19th, 2013 http://michiganradio.org/post/stateside-monday-august-19th-2013 <p>"Innovation" - it's what many say Michigan needs to become a player in the global economy. On today's show, we took a look at the most-innovative companies in our state. What are they doing differently in a post-Great-Recession economy?</p><p>And, we traveled to Muskegon - a community that continues to be plagued by gun violence. Dustin Dwyer of Michigan Radio's State of Opportunity project reported on a gun battle that happened last month.</p><p>And, the Detroit Public Schools bond offering is tomorrow. Why should investors be interested?</p><p>Also, the guide to canoeing Michigan’s rivers just got an update. We spoke with one of the authors about the new edition.</p><p>First on the show, d<span style="line-height: 1.5;">onations to Governor Snyder’s civic fund decreased last year by a lot. The 501 c-4 known as The New Energy to Reinvent and Diversity Fund – or “NERD Fund” for short – received $1.3 million in 2011, but in 2012 , the number was $368,000.</span></p><p>As Jonathan Oosting, a reporter for MLive.com, reports, “the NERD fund earns tax-exempt status by purporting to promote charitable causes including lessening the financial burdens of government in the state of Michigan.”</p><p>Jonathan Oosting joined us today.</p><p> Mon, 19 Aug 2013 21:25:40 +0000 Stateside Staff 14052 at http://michiganradio.org Stateside for Monday, August 19th, 2013