This Obscure Foundation Helped Fund the Alt-Right

Richard Spencer. Robert Rotella’s foundation gave Spencer’s National Policy Institute $12,500 over three years. Photo: Tasos Katopodis/Getty Images At first glance, Robert Rotella appears to be a typical libertarian donor. Through the foundation named in his honor, the Bellevue, Washington–based founder of Rotella Capital Management has donated millions to libertarian and conservative organizations like the Cato Institute, the Reason Foundation, and Turning Point USA.

“A guy like Spencer, for instance, doesn’t need a single sugar daddy to give him money,” Neiwert added. “Basically, the National Policy Institute is Spencer, and he just needs an annual salary. Five thousand dollars is basically 5 percent of that annual income for him. He just needs another 20 of those donations and he’s done for the year. That’s actually not that hard to get, because there are a lot of people out there who are willing to keep that chunk rolling in for him every year.

Rick McNeely, a spokesperson for the Rotella family, told New York in December that the Charles Martel Society and the National Policy Institute had misrepresented their work to the foundation. “In retrospect, the original goals of why someone would give a donation, in the spirit of diversity and giving other people voices, that certainly wouldn’t have been something [the Rotellas] would do if there had been better disclosure. Or if they had a crystal ball,” McNeely said.

Despite Rotella’s relatively low profile, his donation history offers a rare glimpse into the way the alt-right is funded. Information about its major donors tends to be scarce. The RPRF is only the second funder of Spencer’s organization whose identity has become known; the other is multimillionaire William Regnery II, who founded the Charles Martel Society and also helped found NPI.

onesarahjones Nice guy.

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