MOSCOW, June 17. /TASS/. A Moscow court found on Wednesday that the Dynasty Foundation has violated the country’s NGO law after failing to register as a "foreign agent" and has slapped the organization with a fine of 300,000 rubles ($5,400), a TASS corresponded has reported.
Under the law, NGOs involved in political activity and receiving funds from abroad should notify Russia’s authorities about this. The inclusion of an NGO to the register of "foreign agents" does not mean a ban on its work in Russia.
The maximum punishment for an organization for such a violation is a fine of up to 500,000 rubles ($9,000).
The beleaguered Dynasty Foundation, which develops fundamental science and education in Russia, was included in the NGO register of "foreign agents" on May 25.
The Dynasty Foundation has 20 programs and projects in the sphere of the development of fundamental scientific research and education in Russia. Since 2002, Dynasty’s budget has reached almost $80 million and the expenses on the programs have increased to $10 million, according to the organization’s 2014 report.