The Nra Foundation Inc.

“Total endowment funds held by the foundation includes endowments held on behalf of nra civil rights defense fund and nra special contributions fund.”

“The nra foundation maintains a collection of firearms and firearm accessories housed within the national firearms museum, where they promote appreciation, understanding, and participation in gun collecting and the preservation of the heritage of firearms through collection, conservation, exhibition and research.”

“Grants are made from endowment funds in support of firearm-related public interest activities of a variety of constituencies throughout the united states, including youth, women, men, physically challenged individuals, gun collectors, law enforcement officers, hunters and competitive shooters.”

“The foundation is exempt from federal income taxes under section 501(c)(3) of the internal revenue code and from state income taxes. In addition, the foundation is not classified as a private foundation. The foundation follows the accounting standard on accounting for uncertainty in income taxes, which addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under this guidance, the foundation may recognize the tax benefit from an uncertain tax position only if it is more-likely-than-not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. The guidance on accounting for uncertainty in income taxes also addresses de-recognition, classification, interest and penalties on income taxes, and accounting in interim periods. Tax years from 2020 through the current year remain open for examination by tax authorities, which is the standard statute of limitations look-back period. Currently, there are no examinations in process. Management evaluated the foundation's tax positions and concluded that the foundation had taken no uncertain tax positions that require adjustment to the financial statements to comply with the provisions of this guidance.”

“Depreciation - FNRA & Special Events - 165630 Rent - FNRA & Special Events - 37800 Mgt Fees - FNRA - 712906 FNRA Non-Cmte level expenses - 473384 Change in value of Split Interest Agreements - -35312 DEPRECIATION - RENTAL PROPERTY - -504157”

“Depreciation - fnra & special events - 165630 rent - fnra & special events - 37800 mgt fees - fnra & special events - 712906 fnra non-cmte level expenses - 473384 depreciation - rental property - -504157”