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National Rifle Association (NRA) Foundation

CharityWatch report issued
February 2019

Top-Rated Charity
A-
CharityWatch Grade
Our independent grade based
on a number of factors.
 
81%
Program Percentage
Amount spent on programs
relative to overhead.
 
$25
Cost to Raise $100
Amount spent to raise
$100 of contributions.

Contact Information

National Rifle Association (NRA) Foundation
11250 Waples Mill Rd
Fairfax, VA 22030

Other Names

Friends of NRA
NRA Foundation

Tax Status

501(c)3

Stated Mission

Support firearm-related public interest activities to defend & foster the Second Amendment rights of law-abiding Americans; promote firearms & hunting safety; enhance marksmanship skills of shooting sports participants; and educate the general public about firearms in their historic, technological & artistic context.

View similar charities
Data based on Fiscal Year Ended 12/31/2017

Program Percentage: 81%

The percentage of National Rifle Association (NRA) Foundation's cash budget it spends on programs relative to overhead (fundraising, management, and general expenses).

$44,000,000

Calculated Total Expenses

(rounded)

 

Cost to Raise $100: $25

How many dollars National Rifle Association (NRA) Foundation spends on fundraising to raise each $100 of contributions.

$27,000,000

Calculated Total Contributions

(rounded)

Government Funding

0% to 24%

Percentage of cash revenue
coming from government sources

 

Financial Documents

Entity Document Type Tax ID
NRA Foundation IRS Form 990 52-1710886
NRA Foundation Audited Financial Statements 52-1710886
Entity: NRA Foundation
Document Type: IRS Form 990
Tax ID: 52-1710886
Entity: NRA Foundation
Document Type: Audited Financial Statements
Tax ID: 52-1710886

Governance & Transparency

CharityWatch evaluates certain criteria related to a charity's Governance and Transparency. Donors may want to consider a charity's willingness to be open and transparent with CharityWatch to be a good litmus test for determining its commitment to public accountability.
This charity is Top-Rated
What does it mean to be Top-Rated?
 
National Rifle Association (NRA) Foundation
meets governance benchmarks.
 
National Rifle Association (NRA) Foundation
meets transparency benchmarks.
Transparency
Provides Financial Information
Audit Accessibility
Governance: Policies
Reports regularly & consistently monitoring & enforcing compliance with a written Conflict of Interest Policy
Reports required, annual disclosure by officers, directors, and key staff of interests that could give rise to conflicts
Reports having a written Whistleblower Policy
Reports having a written Document Retention and Destruction Policy
Governance: Financials
Reports providing copy of tax form to all board members prior to filing it with IRS
Reports that financial statements were audited by an independent accountant
Governance: Board of Directors
Reports at least 5 voting board members
51% or more of voting board members reported as independent
Reports documenting minutes of board and board committee meetings
Privacy Policy
Privacy Policy No Sharing  

  Name Title Compensation
1 Wayne L. LaPierre Ex-Officio $1,433,977
2 H. Wayne Sheets Executive Director $710,000
3 Wilson H. Phillips, Jr. Treasurer $709,996
1
Name: Wayne L. LaPierre
Title: Ex-Officio
Compensation: $1,433,977
2
Name: H. Wayne Sheets
Title: Executive Director
Compensation: $710,000
3
Name: Wilson H. Phillips, Jr.
Title: Treasurer
Compensation: $709,996

CharityWatch Analysts perform an in-depth analysis of charities' audited financial statements and IRS tax filings, and often review other documents such as state filings, annual reports, and fundraising contracts during their evaluations. Below are select notes that CharityWatch believes may be of interest to donors.
CharityWatch's rating of The NRA Foundation is for the 501(c)(3) public charity (tax ID #52-1710886).

CharityWatch issues a separate rating for the related 501(c)(4) tax-exempt, social welfare organization, the National Rifle Association of America (NRA) (tax ID #53-0116130).

CharityWatch does not provide a rating for the other NRA Foundation affiliates, which according to Note 9 of The NRA Foundation 2017 audit, include the following: NRA Civil Rights Defense Fund, NRA Freedom Action Foundation, and NRA Special Contribution Fund.


CharityWatch issues separate ratings for 501(c)(3) & 501(c)(4) organizations, even when the financial activities of the entities are included together in a consolidated audit, due to their differing tax treatments by the IRS. For more information on this topic, please see our sections on Types of Non-Profits, Tax Status, and Treatment of Related Organizations, which can be found on the Our Process page.

For more information about things to consider when donating to organizations that have related public charity and social welfare entities, click on the "Articles & Alerts" tab (above), and read "Sorting Out Non-Profit Pairs."
According to The NRA Foundation audit of December 31, 2017 (Note 9, Related Parties):

"The Foundation is affiliated with the NRA by virtue of the control vested with the NRA's Board of Directors to appoint the Trustees of the Foundation. The Foundation has received certain benefits from this affiliation at no cost, among which are various administrative and support services. Management has determined that the fair value of these benefits is minimal, and accordingly, no amounts are reflected in these [audited] financial statements.

"The Foundation reimburses the NRA for certain expenses, such as salaries, benefits, and general operating expenses, paid by the NRA on the Foundation's behalf. These expenses totaled $6,017,801 and $8,862,322 for the years ended December 31, 2017 and 2016, respectively...

"The Foundation extended a short-term loan in the amount of $5,000,000 to [the] NRA dated November 2, 2017, at an interest rate of 7% per annum and secured by the NRA's accounts receivable. Interest for the first three months of the loan in the amount of $88,219 is due February 2, 2018, with interest payments due monthly thereafter through the term of the loan. The entire principal amount of the loan, together with all accrued or unpaid interest, is due by June 2, 2018...

"The Foundation funded certain qualified NRA programs with grants totaling $18,812,141 and $19,276,495 for the years ended December 31, 2017 and 2016, respectively..."
According to The NRA Foundation 2017 tax filing, the Foundation reports receiving contributions of in-kind collectibles on which it placed a total value of $881,295 (IRS Form 990, Schedule M).

[Note: CharityWatch generally excludes the value of in-kind (non-cash) donations of goods and services from its calculations of Program % and Cost to Raise $100. More information on how grades are calculated and the treatment of in-kind donations can be found on the Our Process page.]
According to The NRA Foundation 2017 tax filing, the Foundation reports re: Business Transactions Involving Interested Persons, a transaction in the amount of $3,065,031 for fundraising event and grant fulfillment paid to Crow Shooting Supply (IRS Form 990, Schedule L, Part IV).

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