"Taking into account the overall aim of the Endowment's work, prosecutors came to the conclusion that it presents a threat to the constitutional order of Russia, its defence capabilities and state security," the prosecutors said in a statement.
Prosecutors accused the American non-profit organisation of using local NGOs to undermine elections and organise political rallies in the country.
"The National Endowment for Democracy participated in work to declare the results of election campaigns illegitimate, to organise political demonstrations aimed at influencing decisions taken by state institutions and to discredit service in the Russian armed forces," the statement said.
Prosecutors said that in 2013 and 2014 the foundation gave funding worth around USD 5.2 million to local organisations.
The move comes as Russia and the West are locked in their worst standoff since the end of the Cold War over the crisis in Ukraine.
Russian officials led by President Vladimir Putin and state-owned media claim that the West is trying to sow revolution in the country after the ouster of a Kremlin-backed leader in Kiev in 2014.
The controversial new law could see Russian activists jailed for up to six years for working with any banned organisation.
The National Endowment for Democracy says it receives funding from the US Congress to bolster organisations "working for democratic goals in more than 90 countries."
Activities in Russia it has given funding to listed on its website include anti-corruption groups, those working on freedom of association and human rights organisations.
Earlier this month, Russian senators compiled an official proposal to blacklist 12 foreign NGOs, including the National Endowment for Democracy.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
