© Greg Nash
Washington, D.C., Attorney General Karl Racine (D) on Thursday announced a lawsuit against the National Rifle Association (NRA) Foundation, accusing the gun rights group’s charitable arm of misuse of funds.

The suit filed accused the foundation of allowing charitable association funds for non-charitable purposes and failing to operate as an independent nonprofit, both violations of D.C. law.

“Donors gave money to fund firearms safety, firearms education and marksmanship training,” Racine said in a tweet announcing the lawsuit. “Instead, that money was diverted to support wasteful spending by the NRA and its executives.”



Racine claimed the NRA borrowed $5 million from the foundation on two occasions, once in 2017 and again in 2018. Racine also accused the foundation of paying millions in fees to the NRA with no oversight and placing the NRA’s interests above its own, in violation of its articles of incorporation.

“Because the Foundation’s Board of Trustees and executives are dominated by the NRA, and the NRA had subverted the Foundation’s independence, the Foundation has allowed itself to be financially exploited through, among other things, unfair loans and management fee payments to the NRA,” the lawsuit states.


“In allowing its funds to be diverted from charitable purposes and wasted to prop up the NRA in impermissible ways, the Foundation Board of Trustees has failed to provide meaningful oversight and failed in its fiduciary duties.”

Racine’s announcement came the same day New York Attorney General Letitia James (D) announced a lawsuit seeking to dissolve the NRA itself. The NRA is incorporated in New York, while the foundation is incorporated in the District. Both have their headquarters at the same Fairfax, Va., address.

The Hill has reached out to the NRA Foundation for comment.

"Donors gave money to fund firearms safety, firearms education and marksmanship training,” Racine said in a tweet announcing the lawsuit. “Instead, that money was diverted to support wasteful spending by the NRA and its executives.”

NO, donors gave money under the mistaken notion that the NRA was a PRO-gun-rights group that was supposed to protect those rights from people like you, Racine.

How many minutes until Ted Nugent says something?

So is the NRA being being drug into court for the good of us members or because they need to be taken out of the way? I'd say the latter. If the NRA is gone we will all regret it.

The NRA as we knew it is gone. Grieve, get over it and move on.
Donate to the GOA, the SAF, and your local gun rights org.

At some point, the BOD, no matter how owned by Wayne they may be, has to wake up and smell the coffee.

The NRA is not viable at the moment. Other organizations are better and more deserving of our support. The NRA was the biggest and best. "Was" being the most deserving of emphasis.

There is no doubt our enemies are capitalizing on this, but they didn't cause Wayne and his buds to do what they've done.

For the good of the DNC who doesn't want competition with its Snowflake Black Riots money

The NRA have given several large grants to my gun club. Just need to be legit.

Question, are individual board members financially liable for the misdoings of the organization? Are members liable? Any lawyers (or anyone else) know?

I would think the people that are close to this debacle have already envisioned what will arise out of the ashes.

Typically, corporations will have Directors & Officers insurance policy to protect them against any claims/suits against them for decisions made/votes cast as D&O.

Their insurance policy may not pay in this case, the theft went on too long. The audit committee & NRA's auditors are in deep trouble

Correct, as soon as the forensic accountants are finished determining which board members benefitted (stole) the most, lawsuits will fly amongst them. Add to that there will be many filings (federal and state) both individual and class based on behalf of the donors, benefactors, and sponsors. It will likely take years to even begin to resolve all of the filings, so the NRA is likely done, though I’m sure they will appeal to their members to send funds to “support the association’s defense.” Good luck with that.

Gee, do you think those two lawsuits might have been coordinated? Or maybe even colluded?

Heh.

It is understood that New York and Washington D.C. officials are out to get the NRA. The question is whether the NRA (Wayne LaPierre) and by extension the NRA Board is guilty of the accusations. I tend to believe the Attorneys General have the goods on us and this is going to be a very expensive losing battle for us.

There is some bad press going on right now that liberals are using to pounce on the NRA.

It’s going to be a lot harder to rebuild an organization that is as recognized and feared by politicians as the NRA. Nothing is out there right now. Good groups yes, but not nearly as recognized.

These suits have zero to do with the NRA’s spending habits. They have everything to do with taking away your 2nd Amendment rights. Don’t doubt that for a second.

If things at the NRA were as bad as some are saying, things would have changed through the grassroots. Like happened in 1976.

If change happens with the NRA from exterior political forces like these lawsuits, then expect that to adversely affect your 2nd Amend rights in the future.

It is not only exterior forces changing the NRA. If you read a sample of the comments on the 24 HCF by long time members who vow to not give another penny and realize that is but a very small sample of many thousands of long time members who feel the same. These WERE true believers. After all it is a very small percentage of NRA members that even know or follow the 24HCF. NRA is in serious trouble and if you will note the organization is politically mostly silent this crucial election year and I doubt many politicians are seeking their public endorsement.

Let me peer into strategic minds of the Left

“The NRA is our biggest obstacle preventing gun control and banning of firearms. How do we get rid of them? Everything so far has failed. They are a united group”


“1.) start endless accusations of maleficence against their leadership. Keep the pressure on until the membership splits with the leadership.

2.) this will hurt their fundraising. If members are at odds with leadership they won’t send money.

3,) hit them multiple lawsuits to tie them up and bankrupt them.”

And make them spend a lot of money defending themselves that could/would have been spent on political ads.

It takes an LARGE external event like this to inspire leadership changes.. unfortunately a lot of this is political, but that’s what happens when a board doesn’t keep things in check.

Could you possibly spin that any more?
The reason the NRA is falling apart is because of the NRA.
The smart people see through their BS.

From the Jim Shephard article below


"At the risk of angering five-million other gun owners, the NRA hasn’t been exactly what you’d call active at anything (other than non-stop fundraising) for some time.

Stretched budgets, staff cuts and growing legal fees have put the NRA to the sidelines in this very important election cycle. That’s not opinion, that’s fact.

The NRA spent approximately $30 million supporting President Trump’s 2016 campaign. They didn’t have those millions to spend this year.

Behind-the-scenes infighting that has continued uninterrupted since the “Imbroglio in Indianapolis” when Mr. LaPierre and his supporters eliminated anyone who dared raise questions about the organization’s management should go quiet.

Unfortunately, the complaints raised by those “dissidents” spoke directly to the matters listed in the New York Attorney General’s suit. Now, instead of insiders asking for corrective actions, a District Attorney seeks to dissolve the 149-year old organization entirely'."