Richard Spencer's white-nationalist nonprofit failed to file basic paperwork to keep fundraising - News Summed Up

Richard Spencer's white-nationalist nonprofit failed to file basic paperwork to keep fundraising


As of Thursday, Spencer’s National Policy Institute website continued to solicit donations, asking they be sent to a P.O. After Spencer failed to file federal tax returns for three straight years, the Internal Revenue Service stripped the National Policy Institute of its tax-exempt status. Spencer worked with state regulators to obtain a six-month extension in May to keep his group in good standing. Spencer is unusual compared with most white nationalists in that he uses a nonprofit to support him financially. “Some, not so much.”He said Spencer has collected $1,183 worth of Bitcoin, and the National Policy Institute has about $20.


Source: Los Angeles Times December 01, 2017 02:15 UTC



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