2014 ANNUAL REPORT MESSAGE From the President

pleased to present to you The NRA Foundation’s Annual Report for 2014. The Foundation I am is proud of its role in funding support for thousands of eligible programs in communities across the country, and 2014 saw remarkable achievement. Our thanks go to you and your generous commitment to support its activities. Grants awarded to qualified programs from The NRA Foundation totaled $32.9 million in 2014, and now exceed $267 million in funding through more than 35,000 grants in support of the shooting sports. The NRA Foundation places a high priority on the provision of funding opportunities for more people to participate in and enjoy the shooting sports. In that spirit, two new endowments were established in 2014: the NRA Hunters’ Leadership Fund Endowment and the Women’s Leadership Forum Endowment. In support of America’s 13.7 million hunters, the NRA Hunters’ Leadership Fund Endowment is dedicated to the enrichment and growth of the NRA’s mission to promote and defend hunting. It aims to promote and protect our nation’s hunting rights, traditions and wildlife heritage. As the nation’s leading shooting sports charity, the Foundation has awarded over 5,000 grants totaling over $39 million to support hunter related programs since inception in 1990. Women are the demographic majority in the United States today, with an increasing number identifying as Second Amendment defenders. The Women’s Leadership Endowment will provide a dependable source of annual funding to develop and sustain NRA educational and public service programs supporting the interests and passions of women. On behalf of The Foundation Board of Trustees, I extend our warmest thanks to you for your support in 2014 and for trusting our Board and staff to fund programs and projects supporting the very best that is the NRA. ANNUAL REPORT 2014 ANNUAL

Frank R. Brownell, III

President, Board of Trustees The NRA Foundation

1 LETTER Of Appreciation

more than two decades, The NRA Foundation has served the needs of freedom-loving For Americans across this great nation. Through your philanthropic leadership, we reached significant milestones in the history of The NRA Foundation in 2014 that highlight our efforts to preserve freedom for future generations of Americans. Your commitment to Teaching Freedom to our young Americans is clear. Your support this year, as reflected in this Annual Report, has given The NRA Foundation the necessary resources to:

n Provide life-saving messages to over 26 million school children through our Eddie Eagle GunSafe® Program n Expand and develop our competitions and training of coaches, law enforcement, instructors, women and youth n Support the development and improvement of ranges and shooting facilities across the country n Educate young people all across the country in firearm safety through their affiliations with organizations such as Boy Scouts of America, 4-H Clubs, and others that receive NRA Foundation grants n Award over $267 million in grant support to eligible programs and projects since its inception n Introduce more students to wildlife and conservation through art with the George Montgomery/NRA Youth Wildlife Art Contest

We are proud to Teach Freedom through programs that instill knowledge about America’s great history, build partnerships with leaders in your communities, and provide grants that are instrumental in funding programs that support our shared vision. Your leadership and extraordinary support of Freedom’s cause are making a huge difference in our commitment to promote this country’s treasured traditions and the Second Amendment. On behalf of the entire NRA Family, thank you for your dedication and for your generous contributions that keep America safe and free. I am honored to count on you as a friend and an inspiration in making these accomplishments a reality.

NRAFOUNDATION Wayne LaPierre

Executive Vice President, NRA 2 Ex Officio Trustee, The NRA Foundation Table of CONTENTS

Mission Statement 1 Message from the President Established in 1990, The NRA Foundation, Inc. (“NRA Foundation”) is a 501(c)(3) tax-exempt organization Letter of Appreciation from Wayne LaPierre that raises tax-deductible contributions in support of a 2 wide range of firearm-related public interest activities Foundation Grants of the National Rifle Association of America and other 4 organizations that defend and foster the Second Amendment rights of all law-abiding Americans. 20 Your Legacy of Freedom These activities are designed to promote firearms and hunting safety, to enhance marksmanship skills of those 22 Report of the Treasurer participating in the shooting sports, and to educate the general public about firearms in their historic, Financial Statements technological and artistic context. Funds granted by 24 The NRA Foundation benefit a variety of constituencies throughout the United States including children, youth, women, individuals with physical disabilities, gun collectors, law enforcement officers, hunters and competitive shooters. 3 Foundation GRANTS

NRA Foundation provides financial support to eligible projects, programs and organizations The through its Grant Program. Each year, donors and volunteer committees from across the country tirelessly raise charitable dollars that are in turn awarded as grants in support of educational and NRAFOUNDATION public service programs relating to the shooting sports in our communities. The first state fund grant—awarded in 1993 in Arizona—supported the acquisition of equipment and materials for a new shooting education program. The general focus of Foundation grants remains strong: investing in youth and adult education and training programs, as well as range projects proposed for further expansion of youth programs in our communities. More than 70% of grants awarded each year 4 benefit youth-based programs. its inception, the Foundation has awarded over $267 million through more than 35,000 grants to support Since eligible programs and projects across the country. These grants have funded programs that have reached more than 25 million people. Foundation grants support numerous range developments and improvements for sportsmen’s clubs, public agencies, Boy Scouts of America, and more. Range projects supported through grants include covered firing lines, shooting benches, trap and skeet fields, target throwers, and more. The Foundation has reached many milestones in its existence. The following pages demonstrate achievements through grant support across the country in 2014. Take pride in the role you have played in these achievements as you review the grants made possible through extraordinary efforts of supporters and volunteers across the country.

Alabama $68,241 Arkansas $189,480 Arizona $287,471 4-H Organizations and Clubs 4-H Organizations and Clubs 4-H Organizations and Clubs Alabama 4-H Club Foundation, Inc. Garland Gunners Arizona 4-H Youth Foundation, Baldwin County Shooting Sports Association Sevier County Steward District Bama Clay Busters University of Arkansas Cooperative Pursch Ridge Riders Boy Scouts of America Extension Service A & M Clayshooters Black Warrior Council Arkansas County Arizona High School Rodeo Association Junior Reserve Officers’ Training Corps Ashley County Bullseye Bandits Arizona State Rifle & Pistol Association (JROTC) Baxter County Ben Avery Clay Busters Governing Board, Inc. Daphne High School Benton County Bird Busters of Payson, Inc. Hazel Green High School Carroll County Boy Scouts of America Smiths Station High School Cleburne County Catalina Council Magic City Gun Club, Inc. Crawford County Grand Canyon Council National Rifle Association of America Crittenden County Casa Grande Trap & Skeet Association Eddie Eagle GunSafe® Program Faulkner County Gethsemane Lutheran School Youth Education Summit (Y.E.S.) Franklin County Globe Miami Gun Club Shelby County Shooting Sports Association Greene County Gun Devil Shooting Sports at Arizona State U. S. Sportsman’s Alliance Foundation Hempstead County University Independence County Hassayampa Rod & Gun Club Lafayette County Huachuca Hot Shots Alaska $427,650 Lawrence County Junior Reserve Officers’ Training Corps 4-H Organizations and Clubs Logan County (JROTC) Borealis Bullseyes Lonoke County Buena High School University of Alaska, Cooperative Extension Marion County Campo Verde High School Alaska Interior Marksmanship Committee Monroe County Flowing Wells High School Alaska Scholastic Clay Target Program Northwest Arkansas Sharp Shooters Skyline High School Alaska Youth Shooting Sports Association, Inc. Poinsett County Kingman High School Pulaski County National Rifle Association of America Anchorage School District ® Bartlett High School Riflery Club Saline County Refuse To Be A Victim Eagle River High School Rifle Team Sebastian County Northern Arizona Shooting Foundation Boy Scouts of America Saint Francis County Pima Pistol Club, Inc. Great Alaska Council Stone County Prescott Trap & Skeet Club Delta Sportsman’s Association Union County Rio Salado Sportsmen’s Club Fairbanks Trap Club, Inc. White County Southern Arizona Firearms Educators, Inc. Junior Reserve Officers’ Training Corps Arkansas BB/Airgun Program The Mohave Sportsman Club (JROTC) Boy Scouts of America Tonto Rim Sports Club North Pole High School Kiwanis Club of Forrest City, Troop 202 Tri-State Shooting Park, Inc. Knights JROTC Boosters Club Westark Area Council Yavapai County Sheriff’s Office Kachemak Gun Club, Inc. Cave City Sharpshooters Yuma Young Guns Scholastic Clay Target Team National Rifle Association of America Clarksville-Johnson County Development Eddie Eagle GunSafe® Program Foundation Youth Education Summit (Y.E.S.) Dueling Tree Shooting Club California $1,802,086 Nome Sportsman Association Ecclesia College Shooting Sports Team 4-H Organizations and Clubs Nordic Skiing Association of Anchorage Jonesboro Area Home Educators, Inc. Phelan Roadrunner Prince of Wales Shooting Club Lyon College Regents of the University of California Snowshoe Gun Club, Inc. Mountain Valley Sportsman’s Association Kern County National Rifle Association of America State of Alaska Department of Natural ® Madera County Resources Eddie Eagle GunSafe Program Santa Barbara County Tanalian Bible Camp Youth Education Summit (Y.E.S.) Siskiyou County Tanana Valley Sportsmen’s Foundation University of California Cooperative The Outdoor Heritage Foundation of Alaska Extension, Placer County Foresthill Tok Junior Shooters Alta Mesa Gun Club 5 American 1800 Adventure Club American Legion Post 862 American Legion, Sotoyome Post 111 Apple Valley Gun Club Arrowhead Fish & Game Conservation Club Boy Scouts of America Golden Empire Council Explorers Post 457

GRANTS Troop 1855 Grace Lutheran Church, Troop 848 Inland Empire Council Long Beach Area Council Los Angeles Area Council

Orange County Council Redwood Empire Council San Diego-Imperial Council NRA NRA FOUNDATION San Francisco Bay Area Council Silicon Valley Monterey Bay Council Southern Sierra Council Saint Luke Evangelical Lutheran Church, Crew 58 Western Los Angeles County Council Camp Emerald Bay Camp Josepho Camp Whitsett Cal-Diego Paralyzed Veterans Association CALGUNS Shooting Sports Association California Deer Association California Grizzlies California Junior Claybreakers California Lions Camp, Inc., Camp Pacifica California Military Institute Camp Zap Youth Foundation Capital Christian Center Clayton Police Department Clayton Valley Charter High School Coalinga Rifle Club Coon Creek Youth Sporting Foundation Corning Union High School Mojave Youth Shooting Sports Council Taft Sportsman’s Club Corona Sportsmen’s Club, Inc. Mother Lode Gun Club, Inc. Taft Union High School Trap Club Deadeye Dames Mount Shasta Long Rifles, Inc. The True Sportsman Club Debra Takayama Memorial Junior Pheasant Hunt National Rifle Association of America Tulare County Trap Club Desert Reign Assembly of God Eddie Eagle GunSafe® Program U. S. Naval Sea Cadets, El Toro Battalion Dixon Game Conservation Club, Inc. Range Programs Valley Waterfowl Dunsmuir Rod & Gun Club Refuse To Be A Victim® Visalia Sportsmen’s Association Escondido Fish & Game Association Youth Education Summit (Y.E.S.) West End Gun Club, Inc. Exeter Sportsmen’s Association Youth Programs Wilderness Unlimited Foundation Fathers in the Field NorCal Longshots Wilton Christian School Trap Team Folsom Shooting Club, Inc. North Tahoe High Trap Club Woodcreek High School Booster Club Fregoso Outdoor Foundation Pacific Coast Hunter Education Association YMCA of Greater Long Beach, Camp Oaks Fresno County Sportsmen’s Club Pajaro Valley Rod & Gun Club Yolo Sportsmen’s Association Gold Country Shooters Palma de Dios Sports Foundation, Inc. Yuba City High School Trap Team Granite Bay High School Trap Team Royal Rangers, Harbor Light Church, Hunt Of A Lifetime Outpost 89 iDARE Roseville High School Booster Club, Inc. Colorado $360,718 Junior Reserve Officers’ Training Corps Safety First Shooting Association 4-H Organizations and Clubs (JROTC) Sage Pistol League Adams County Crenshaw High School Sage Rifle & Pistol League Bears Ears Sportsman Club, Moffat County Fontana High School San Diego Junior Pheasant Hunt Chaffee County Orange High School San Leandro Junior Optimist Rifle Club Colorado 4-H Foundation Palo Verde High School, Yellow Jacket San Luis Obispo Sportsman’s Association Grand County Battalion Santa Clara County Peace Officers’ Association Leadership Team Sanger High School Santa Lucia Sportsmen’s Association Military Programs Kern County Gun Club Santa Maria Valley Sportsmen’s Association Park County Kern Shooting Sports Sheriff Community Impact Program Teller County Klamath River Community Hall Association, Inc. Sierra Desert Gun Club Colorado State University Lake Isabella Fish & Game Habitat Club Sierra Valley Gun Club Baca County Lemon Grove Rod & Gun Club So Cal Top Guns, Inc. Eagle County Leona Valley Improvement Association Sonora High Trap Club Shotgun Sports Team Liberty Youth Shooting Team South Bay Rod & Gun Club, Inc. Washington County Shooting Stars Lincoln High School Trap Team Booster Club Southern Tulare County Sportsman’s Douglas County Lincoln Shooting Sports Foundation Association El Paso County Livermore-Pleasanton Sportsman’s, Inc. Stanislaus Youth Shooters Fremont County Los Banos Tiger Trap Team Stockton Sportsmen’s Club, Inc. Garfield County Lucerne Valley Lion’s Club Summerville High School Sporting Club Larimer County Make A Difference Outdoors Sutter Union High School Logan County Manteca Sportsmen, Inc. Rifle Team Montezuma County 6 Martinez Gun Club Trap Team Morgan County, Leaders Advisory Committee Delaware $11,150 Georgia $102,353 Pueblo County 4-H Foundation Junior Reserve Officers’ Training Corps 4-H Organizations and Clubs Routt County (JROTC) Bartow County Summit County Smyrna High School Candler County Weld County National Rifle Association of America Carroll County American Legion Post 2 “Young Guns” Youth Programs Coweta County Aurora Police Department NRA Civil Rights Defense Fund Emanuel County 4-H Club Foundation, Inc. Bears Ears Sportsman Club Grady County Boulder County Sharpshooters Lanier County Boy Scouts of America Florida $344,576 Lowndes County Corporation of the Presiding Bishop 4-H Organizations and Clubs Meriwether County of Church of Jesus Christ of Florida 4-H Foundation, Inc. Peach County Latter-Day Saints Alachua County Spalding County Troop 201 Camp Ocala Toombs County Troop 195 Citrus County Troup County Rocky Mountain Council Gadsden County University of Georgia Western Colorado Council Glades County Fayette County Colorado Division of Wildlife Hendry County 4-H Association Johnson County Colorado Springs Police Department Holmes County Lamar County Colorado West Gun Club & Junior Division Lake County Oglethorpe County Colorado Youth Outdoors Charitable Trust Liberty County Paulding County Colorado Youth Trapshooters Tour Marion County 4-H Foundation, Inc. Seminole County Del Monte Gun Club Putnam County Walton County Denver Youth Trap Team Manatee County 4-H Association Washington County El Paso County Sheriff’s Office Boy Scouts of America Abraham Baldwin Agricultural College Four Corners Rifle & Pistol Club Gulf Coast Council Coastal Georgia Gun Club Gunnison Sportsmen’s Association Gulf Ridge Council Dalton High School Rifle Team High Plains Clay Busters South Florida Council Georgia Future Farmers of America Izaak Walton League of America, Chapter 34 Suwannee River Council Foundation, Inc. Junior Reserve Officers’ Training Corps City of Cape Coral, Explorers Post 465 Junior Reserve Officers’ Training Corps (JROTC) Escambia County Sheriff’s Office (JROTC) Abraham Lincoln High School Holmes County Sheriff’s Office Columbus High School Centennial High School Junior Reserve Officers’ Training Corps Luella High School Denver Public Schools, North High School (JROTC) Ridgeland High School El Paso County School District 8, Fountain- Bishop Kenny High School Southeast Bulloch High School Fort Carson Schools Brevard County Schools Stockbridge High School Pueblo County High School Astronaut High School National Rifle Association of America Lake County Government ® Bayside High School Eddie Eagle GunSafe Program Montrose Rod & Gun Club Coconut Creek High School Strong Rock Christian School National Rifle Association of America Rockledge High School Terrell Academy Eddie Eagle GunSafe® Program Satellite High School Range Programs Cape Coral High School Refuse To Be A Victim® Cypress Lake High School Hawaii $27,378 Youth Programs Dunbar High School Boy Scouts of America Northern Colorado Junior Rams - Trap Team Dunnellon High School Maui County Council Outdoor Buddies, Inc. East Lee County School District Hawaii Public Schools, Maui High School Pikes Peak Firearms Coalition, Inc. Estero High School On Target, Inc. Pueblo Municipal Shooters, Inc. Fort Myers Senior High School Seabury Hall Rinn Valley Livestock Club Ida Baker High School Saint Francis School Summit Range Association, Inc. Island Coast High School Teller County Shooting Society Lee County School District Thomas Jefferson High School Mariner High School Idaho $285,619 Young Guns Junior Shooting Sports Club North Fort Myers High School 4-H Organizations and Clubs Orange County Public Schools Ada County 4-H Family & Consumer Connecticut $56,468 Boone High School Science Council Edgewater High School Bonneville County 4-H Advisory Council Boy Scouts of America Oviedo High School Cedar Hill Junior League Connecticut Rivers Council Ridgeview High School Boise County Young Guns Connecticut Yankee Council Riverdale High School Boise Gun Club, Inc. Connecticut State Rifle & Revolver Association Saint Lucie County School Board Burley Trap Club Elm City Gun Club South Fort Myers High School Caldwell Gun Club Guilford Sportsmen’s Association Lehigh Senior High School Caribou County Shooting Club High Rock Shooting Association Leon County Sheriff’s Office Explorer Pistol Coeur d’Alene High School Viking Trap Metacon Gun Club Team & Skeet Team National Rifle Association of America National Rifle Association of America Coeur d’Alene Skeet & Trap Club Eddie Eagle GunSafe® Program Youth Education Summit (Y.E.S.) EE-DA-HOW Long Rifles, Inc. NRA Civil Rights Defense Fund Oasis Charter High School Idaho County Sheriff’s Office Quaker Hill Rod & Gun Club, Inc. Ocala Police Department Jack O’Connor Hunting Heritage & Seymour Fish & Game Club, Inc. Okeechobee County Sheriff’s Office Education Center U. S. Sportsman’s Alliance Foundation Rotary’s Camp Florida, Inc. Junior Reserve Officers’ Training Corps Trinity Christian Academy (JROTC) West Bradenton Crime Watch, Inc. Kellogg High School 7 Kootenai Valley Rifle & Pistol Club Mulberry Grove High School Aces Lincoln Heritage Council Meridian Optimist Club Youth Training Center Shooting Team Sagamore Council National Rifle Association of America National Rifle Association of America Concordia Educational Association, Inc. Range Programs Range Programs Crawfordsville Gun Club Youth Education Summit (Y.E.S.) Youth Education Summit (Y.E.S.) Danville Conservation Club Youth Programs Youth Programs DePauw University Trap & Skeet Club Parma Rod & Gun Club, Inc. Northbrook Sports Club, Venturing Crew 1187 Fall Creek Valley Conservation Club Rupert Rifle & Pistol Club and Okawville Illinois Clay Crushers Fathers in the Field

GRANTS Junior Division, Inc. Pekin Community High School Fraternal Order of Police Shelby Lodge 84, Sandpoint Junior Rifle Club Pheasants Forever, Inc. Venture Crew ShoShone County Public Shooting Range Carroll County Chapter Friends of the Hoosier Gun Swingers Skyline Gun Club, Inc. Logan County Chapter 894 Greene County Drug Taskforce, Linton Fraternal Snake River Sportsmen, Inc. Tri-County Quail Unlimited Order of Police

Unified Sportsmen’s Club Pinckneyville Shooting Sports Hanging Rock Christian Assembly Weiser Trap Club, Inc. Plug & Pellet Sportsman’s Club Hunt Of A Lifetime Red Bud High School Trap Club Hunters Helping Hunters, Inc. NRA NRA FOUNDATION Revolutionary War Veterans Association Indiana District Assemblies of God Illinois $488,339 Schuyler County Shooters Indiana Natural Resources Foundation 3rd Illinois Volunteer Cavalry Squadron Southern Illinois Sportsman’s Trap Indiana Regular Baptist Youth Camp, Twin 4-H Organizations and Clubs Shooting Team Lakes Camp Carroll County State Line Rifle Association Indianapolis Church of Christ Fulton County Steeleville Community Unit School District 138 Junior Reserve Officers’ Training Corps Jersey County The Joe Foss Institute (JROTC) Macoupin County Top Shots Tri County Gun Club Floyd County Schools Tazewell County Trico Community Unit School District 176 Floyd Central High White County Shooting Stars Veterans of Foreign Wars, Post 2149, Venture New Albany High School Arlington International Airgun Club - Crew 1220 of Tioga Southside High School AIAC Juniors Village of Harwood Heights Police Department Washington High School Aurora Sportsmen’s Club Waltonville Trapshooting Team Michigan City Rifle Club AWRSC Youth Shooting Sports, Inc. Waterloo Lead Heads Milan Middle/High School Archery Team Board of Trustees of the University of Illinois National Rifle Association of America Boone County Conservation Council Range Programs Boy Scouts of America Indiana $425,765 Youth Programs Blackhawk Area Council 4-H Organizations and Clubs Ohio County Youth Development, Inc. Illowa Council 4-H Shooting Sports Club, Elkhart Old Trails Rifle & Pistol Club Lewis & Clark Council Allen County 4-H Clubs, Inc. Pass It On - Outdoor Mentors Lincoln Heritage Council Carroll County Pike County Bird Hunters Club Lincoln Trails Council Clark County Purdue University Rifle & Pistol Club Three Fires Council Dubois County Rangers Shooting Club Brittany Youth Shooting Group Fayette County Red Brush Rifle Range, Inc. Carlinville Clay Busters Franklin 4-H Association, Inc. Roachdale Gun Club Carmi Rifle Club Hamilton County 4-H Council, Inc. Salem Middle School Caseyville Police Department Hancock County Shelbyville Boys Club Central Illinois Precision Shooting Hendricks County Spencer Conservation Club, Inc. Christian Fellowship School Howard County Saint Joe Valley Youth Shooting Sports Cross Trail Outfitters of Illinois Huntington County 4-H Fair Association, Inc. The X Count, Inc. Decatur Gun Club Johnson County Top Shots Shooting Sports Club Effingham County Sportsman’s Club Kosciusko County U. S. Naval Sea Cadet Corps, Arleigh Burke Fathers in the Field LaGrange County DDG-51 Division Foosland Sportsmen’s Club Purdue University U. S. Sportsman’s Alliance Foundation Golden Eagle Youth Scholastic Shooting Team Owen County Young Marines, Columbus Chapter Hamilton County Unit 10 School District Saint Joseph County Hancock County Gun Club Vigo County Highland Pistol & Rifle Club Wells County Iowa $113,937 Illinois Department of Natural Resources Putnam County 4-H Organizations and Clubs Illinois State Police Pistol Team Randolph County Henry County Illinois State Rifle Association Scott County Iowa State University Extension & Outreach, Illinois Women’s Shooting Association Shelby County Adams County Extension Junior Reserve Officers’ Training Corps Vanderburgh County Mitchell County (JROTC) Vermillion County Abraham Lincoln High School Junior Rifle Club Community High School District 218 500 Flyers Youth Trap Shooting Club Albia High School Trap Team East Aurora High School American Legion 241, Junior Shooting Program American Legion Freeport High School Attica Junior-Senior High School Trap Team Post 584, Venturing Crew Joliet West High School Attica Schools Archery Team Post 671, Swisher Sharpshooters National ROTC Cadets Parents Association, Bellmont High School Rifle Club Better Ponca Foundation, Ponca State Park Wheeling Chapter Bishop Dwenger Rifle Club Cedar-Falls High School Trapshooting Peoria County Schools, Bishop Luers High School Rifle Club Fort Madison Band Boosters, Fort Madison Richwoods High School Boy Scouts of America Clay Crushers Zion-Benton Township High School Anthony Wayne Area Council High Lakes Outdoor Alliance Lake Fork Sportsman’s Club Auburn Presbyterian Church, Troop 169 Humboldt High School Wildcat Trap Club Lake Volunteers Association Calumet Council Iowa Paralyzed Veterans of America Lincoln Sportsmen’s Club Calvary United Methodist Church, Iowa Trappers Association, Inc. Marissa Community Unit School District 40 Troop 396 Izaak Walton League of America Marquette Catholic High School Crossroads of America Council Des Moines Chapter Menard County Sportsman’s Club Crown Point First United Methodist Church/ East Fork Chapter Milan Rifle Club, Inc. Troop & Venturing Crew 48 Ottumwa Chapter 8 Mount Vernon Police Department Hoosier Trails Council Lake Mills Trap Shooting Team OPEN ONLY TO Linn County Conservation Board Mason City High School Mount Pleasant Panther Trap Team THOSE WHO HAVE National Rifle Association of America Range Programs Youth Programs completed hunter safety North Iowa Trap Team Osage Community Schools, Osage High training at the state or School Trap Team Osage Conservation Club provincial level, the Youth Outdoor Sports Training Center Pella Shooters Club, Inc. Prairie Hunters Club Hunter Education Challenge South East Iowa Skeet Club Southeast Iowa Skeet Team program is constructed under Saint Ansgar Trap Shooting Team Waterloo Christian School Clay Target Team Waverly-Shell Rock High School simulated hunting conditions Trapshooting Club to provide the best practical Kansas $166,903 environment for reinforcing and 4-H Organizations and Clubs Anderson County Butler County testing a young hunter’s skills. Clark County Extension YHEC Crawford County Ellis County Ford County Gray County Greenwood County Extension Kentucky $148,048 Northern Kentucky Scholastic Harvey County Trapshooting Team Jackson County 4-H Organizations and Clubs Owensboro Rifle & Pistol Club Jefferson County Boone County Paul G. Blazer High School Kansas 4-H Foundation Bourbon County Trooper Island Camp, Inc. Lyon County Bracken County Miami County Breckinridge County Osage County Calloway County Louisiana $411,697 Phillips/Rooks District Campbell County Cooperative Extension 4-H Organizations and Clubs Reno County Carroll County Acadia Parish Sherman County Casey County Straight Shooters Ascension Parish Sumner County Daviess County Marksmen Beauregard 4-H Foundation Thomas County Fayette County Bossier Parish Anthony Gun Club, Inc. Hancock County Cameron Parish Boy Scouts of America Hart County DeSoto Parish 4-H Foundation Jayhawk Area Council Lincoln County East Baton Rouge Chisholm Trail Antique Gun Association Mason County Grant Parish Fort Hays State University Shooting Spencer County Jeff Davis 4-H Sports Club Warren County Lafourche 4-H Foundation Fort Leavenworth Rod & Gun Club Washington County Sharpshooters Livingston Parish Garden City Trap Club, Inc. Barren County Board of Education Louisiana 4-H Foundation Geary County Fish & Game Association Boy Scouts of America Jackson Parish Harvey County Sheriff’s Office Bluegrass Council Tangipahoa Parish Junior Reserve Officers’ Training Corps Dan Beard Council, Inc. Louisiana State University Extension (JROTC) Lincoln Heritage Council Avoyelles Parish Shawnee Heights High School Locust Grove Baptist Church, Troop 369 Vernon Parish Topeka Public Schools Campbell County Game & Fish Orleans Parish 4-H Foundation Highland Park High School Cincinnati Veterans Affairs Medical Center Rapides Parish Topeka High School E320 Church, Venture Crew 605 Saint Charles 4-H Foundation Kansas Department of Wildlife & Parks Henderson County Archery Club Saint Tammany Parish Kansas Hunter Education Instructors Junior Reserve Officers’ Training Corps Terrebonne Parish Association (JROTC) Webster 4-H Foundation Kansas Trapshooting Association, Inc. Buckhorn High School Acadiana Youth Hunter Education Club, Inc. National Rifle Association of America Daviess County Public Schools, Apollo Bayou Muzzleloaders, Inc. Youth Programs High School Boy Scouts of America Shady Creek Claybusters Fern Creek High School Calcasieu Area Council Sporting Friends of Cowley County Hardin County Schools, John Hardin Southeast Louisiana Council Sumner County Shooting Sports High School Catahoula Parish Sheriff’s Office Sunflower Resource Conservation & Letcher County Central High School City of Jennings Police Department Development Area, Inc. Southwestern Pulaski High School Clara Springs Baptist Camp The Joe Foss Institute Kentucky State Rifle & Pistol Association De Soto Youth Sportsman Team The Kinsley Gun Club League of Kentucky Sportsmen, Inc. Grant Parish Sheriff’s Office The Lazarus Gunners Youth Trapshooting Club National Rifle Association of America Greater New Orleans Hunter Education ® Young Marines, Tornado Alley Refuse To Be A Victim Challenge Organization Youth Education Summit (Y.E.S.) 9 Junior Reserve Officers’ Training Corps Saint Joseph County Scholastic (JROTC) Michigan $221,239 Clay Target Program Bossier Parish School Board, 4-H Organizations and Clubs Upper Peninsula Youth Shotgun Haughton High School Gladwin County Sports Organization Slidell High School Hillsdale County U. S. Division Naval Sea Cadet Corps Lexlee’s Kids, Inc. Hilltop Gang Washtenaw Sportsman’s Club Louisiana Hunter Education Instructors Iosco County Watervliet Rod & Gun Club Association, Inc. Michigan State University Western Wayne County Conservation

GRANTS Louisiana State University & Agricultural & Sanilac County Association Mechanical College Top Shots 4-H Club YMCA Camp, Manitou-Lin National Rifle Association of America Monroe County Sharp Shooters Range Programs Van Buren Voyagers 4-H Project Sabine Parish Sheriff’s Department B & BS Gun Club Minnesota $124,494

Tangipahoa Parish Sheriff’s Department Bay County Conservation & Gun Club 4-H Organizations and Clubs Terrebonne Parish Sheriff Department, Bentley High School Scholastic Clay Target Douglas County Junior Deputy Youth Hunter Education Skeet Team

NRA NRA FOUNDATION Kanabeck County Challenge Club Berrien County Sportsman’s Club Lyon County Winn Parish Sheriff Department Birmingham Gun Club Minnesota 4-H Foundation, Boy Scouts of America Redwood County Antioch Lutheran Church, Troop 263 Alden-Conger High School Clay Target Team Maine $71,911 Caledonia Sportsman’s Club Foundation Alexandria Area Youth Trap League Androscoggin County Fish & Game Association Capitol City Rifle Club Apple Valley High School Bridgton Police Department Cedar Rod & Gun Club Educational Trap Shooting Club, Inc. Cumberland Rifle & Pistol Club Foundation, Inc. Austin Public Schools Fryeburg Fish & Game Association Cheboygan Hunters Safety Becker County Sportsmen’s Club Maine Infantry Foundation Chief Okemos Sportsmen’s Club Bethlehem Academy Clays Team Pine Tree State Rifle & Pistol Association, Inc. Chippewa County Shooting Association Big Lake High School Trap Team Presque Isle Fish & Game Club City of Detroit Police Department Big Lake Sportsmen’s Club, Inc. Scarborough Fish & Game Club Davison High School Busters Scholastic Clay Blackduck Community Education The University of Maine Target Program Boy Scouts of America U. S. Sportsman’s Alliance Foundation Dowagiac Conservation Club Central Minnesota Council Dundee High School Trap Club Gamehaven Council Edwardsburg Conservation Club Twin Valley Council Maryland $63,550 Fudd Dusters Shotgun Sporting Team Brandon-Evansville High School Gateway Sportsman’s Club, Inc. Trapshooting Team 4-H Organizations and Clubs Goodrich Area Schools Charles County Buffalo Gun Club Great Outdoors Sports & Firearms Education, Burnsville Blaze Trap Shooting Team Frederick County G.O.S.A.F.E. Howard County Crow River Sportsman’s Club, Saint Michael- Grand Blanc Huntsman’s Club, Inc. Albertville High School Trap Shooting Team Maryland 4-H Foundation, Inc., Grand Rapids Rifle & Pistol Club Carroll County Dakota County Gun Club, Lakeville South High Grand Valley Cap ‘N’ Ballers School Trap Team University of Maryland Extension, Great Lakes Outdoors Foundation Carroll County 4-H Hotshots Delano Shooting Sports Club Harper Creek Clay Target Club East Ridge High School Trap Team Anne Arundel County Fish & Game Hillsdale College Conservation Association Future Farmers of America (FFA) Howell Gun Club Alden-Conger FFA Antietam Junior Rifle Club Hunt Of A Lifetime Boy Scouts of America Glenville-Emmons High School Trap Team Huron Pointe Sportsmen Association Grand Rapids Trap Club First Hose Company of Boonsboro, Ida High School Trap Club Troop 20 Hampton Sportsman’s Club Junior Reserve Officers’ Training Corps Hastings High School Trap Team Cecil County Parks & Recreation (JROTC) Izaak Walton League of America, Hibbing Trap Club Junior Program Calumet High School Kanabec Conservation Club Mount Airy Chapter Flint Northwestern High School Junior Reserve Officers’ Training Corps Lakes Area Shooting Center, Inc. Lake Linden-Hubbell Sportsmen’s Lakeshore Conservation Club (JROTC) Association, Inc. Annapolis High School, Booster Club Lakeville North Trap Team Livingston Gun Club Midwest Outdoors Unlimited Linganore High School Lowell High School Scholastic Clay Target Maryland State Rifle & Pistol Association, Inc. Mora Public Schools, Community Education Program Team National Rifle Association of America National Rifle Association of America Michigan Air Rifle Training Center, Inc. Eddie Eagle GunSafe® Program Youth Programs Michigan Crossroads Council Ogilvie Community Education Range Programs Michigan Gun Owners Youth Programs Pine Island White Pines Sportsman’s Club Michigan State University Demmer Center Poseidon Sea Cadet Unit, Inc. Northern Chesapeake Sportsmen for Kids, Inc. Michigan Youth Hunter Education Challenge Trap & Skeet Shooting Club Proctor Jack Meade Gun Club Monroe County Rod & Gun Club Rochester Police Athletic Activities League, Multi Lakes Conservation Association Rochester Police Explorers Massachusetts $33,561 National Rifle Association of America South Saint Paul Rod & Gun Club Range Programs South Saint Paul Open, Inc. Bernardston Police Department Youth Programs The Kimball Rod & Gun Club, Inc. Chicopee Sportsmen’s Club, Inc. North Macomb Eagles Watonwan Game & Fish Club Holliston Sportsmen’s Association, Inc. North Macomb Sportsmen’s Club Waverly Gun Club, Inc. Holyoke Revolver Club, Inc. Northland Sportsmen’s Club Willmar Rifle & Pistol Club, Inc. Marlborough Fish & Game Association Orchard Lake Clays Willmar Trap Club, Inc. Maspenock Rod & Gun Club, Inc. Paw Paw Conservation Club Winona Sportsmen’s Club, Inc. Maynard Rod & Gun Club, Inc. P-CEP Clay Target Club Sharon Fish & Game Portage Lake Sportsmen, Inc. Town of Uxbridge Police Department Richmond Sportsman’s Club Riverside Shooting Club, Inc. Rock Lake Christian Assembly Association 10 Southern Michigan Gun Club Polk County Mississippi $65,773 Taos Clovers 4-H Club Montana $376,734 4-H Organizations and Clubs University of Missouri Extension, 4-H Organizations and Clubs Mississippi State Extension Service, Hickory County Beaverhead County Pearl River County Boy Scouts of America Carbon County Boy Scouts of America Byers Avenue United Methodist Church, Lewis & Clark County 4-H Council Andrew Jackson Council Troop 103 Liberty County Yocona Area Council Greater Saint Louis Area Council Missoula County DeSoto Rifle & Pistol Club Ozark Trails Council Montana 4-H Foundation Junior Reserve Officers’ Training Corps Crane High School Trap Team Statewide 4-H Shooting Sports (JROTC) Cross Trail Outfitters of Missouri, Inc. Program DeSoto County Schools Future Farmers of America (FFA) Gallatin County Lake Cormorant High School Bowling Green Missouri, Trapshooting Team Montana State University Horn Lake High School Community School District R-VI, Audrain Cascade County Pearl River Central High School County Chapter Powell County Picayune Memorial High School Mexico 59 Public Schools, Silver Bow County National Rifle Association of America Trapshooting Team Park County Eddie Eagle GunSafe® Program Webster County Schools, Marshfield Ravalli County Youth Programs Chapter Yellowstone County South Panola School District Johnson County Shooting Sports Club Boy Scouts of America Southwest Gun Club Junior Reserve Officers’ Training Corps Montana Council The Joe Foss Institute (JROTC) Central Montana Shooting Complex, Inc. Tishomingo County Sportsman Club Clinton High School Circle Rifle Club U. S. Sportsman’s Alliance Foundation Fredericktown School District R-1 Cut Bank Sportsman Association Ozark High School Denton Rod & Gun Club Republic High School Glendive Junior Chamber of Commerce Missouri $293,399 Southwest Area Career Center Great Falls Shooting Sports Complex Meramec Area Sportsman’s Association 4-H Organizations and Clubs Lincoln County Shooting Sports Complex Missouri Youth Hunter Education Challenge Benton County Manhattan Wildlife Association National Rifle Association of America Bollinger County Meagher County Sportsmen Association Eddie Eagle GunSafe® Program Cass County MT/WY Scholastic Clay Target Program, Youth Programs Crafts-N-Critters 4-H Yellowstone Clay Shooters Poplar Bluff R-1 School, High School Trap Team Iron County National Rifle Association of America Richland R-1 School Missouri 4-H Foundation Range Programs Salem R-80 School District New Haven 4-H Youth Programs School District R-3 Camdenton Oregon County Trails End Rifle & Pistol Club Volunteers of America, Wyoming & Montana 11 Weapons Collectors Society of Montana, District One Wilderness Sportsmen’s Club NRA HAS LONG Nebraska $174,669 BEEN COMMITTED 4-H Organizations and Clubs Antelope Shooting Sports 4-H Club to the expansion of

GRANTS Boone County Cedar County Sharp Shooters opportunities for women to Dawson County Hamilton County Happy Go Lucky 4-H Club become involved in the shooting

Holt County Merrick County sports. The educational

NRA NRA FOUNDATION Mullen Marksmen 4-H Gun Club Nebraska 4-H Foundation Deuel County Shooters framework of NRA Women’s Boone County Brown, Keya Paha & Rock County Programs is almost completely Shooting Sports Clover Clan 4-H Club supported by grants received Platte Valley Claybusters Western Nebraska Shooting Sports American Legion, Post 172 from The NRA Foundation. Better Ponca Foundation, Ponca State Park WOMEN Central Catholic Senior/Middle School Trap Team Doniphan Youth Trap Team Fillmore County Trap Team Izaak Walton League of America, Chapter 65 New Hampshire $64,098 New Mexico $249,363 Kearney Area Community Foundation Lincoln Shooting Stars 4-H Organizations and Clubs 4-H Organizations and Clubs Loup Valley Trap Team 4-H Foundation of New Hampshire, Inc. Grant County National Rifle Association of America Boy Scouts of America New Mexico State University Youth Programs Daniel Webster Council De Baca County Nebraska Game & Parks Commission Enfield Outing Club Luna County Orange Crush Shotgun Club Grafton County Fish & Game Club New Mexico Pawnee Gun Club Major Waldron Sportsmen’s Association Quay County School District 15, Litchfield Schools Pemigewasset Valley Fish & Game Club, Inc. Valencia County Sidney Shooting Park Pioneer Sportsmen, Inc. Wide Horizons 4-H Club Special Youth Challenge of Northern Nebraska University of New Hampshire Shooting Club Otero County Sutton Trap Team Hunt Of A Lifetime University of Nebraska Rifle Club Junior Reserve Officers’ Training Corps New Jersey $26,824 (JROTC) 4-H Organizations and Clubs Alamogordo High School Nevada $216,341 Rutgers Cooperative Extension Albuquerque Public Schools Albuquerque High School 4-H Organizations and Clubs Morris County Marksmen New Jersey 4-H Sports Advisory Council Manzano High School Churchill County Hot Shots Sandia High School Douglas County Sussex County Hunterdon County Volcano Vista High School Lincoln County Aztec High School Nevada Cooperative Extension, Clark County Atlantic County Federation of Sportsmen’s Clubs Farmington Schools, Piedra Vista High White Pine County School Boy Scouts of America Central Jersey Rifle & Pistol Club, Inc. Cumberland Rifleman, Inc. Hot Springs High School Nevada Area Council Kirtland Central High School Capital City Gun Club Youth Shotgun Shooting Franklin Revolver & Rifle Association, Inc. Hunters Helping the Hungry Las Cruces Public Schools, Mayfield High Academy School Comstock Clay Breakers Junior Reserve Officers’ Training Corps (JROTC) Los Alamos NJROTC Friends of Stillwater National Wildlife Refuge Los Lunas High School Glowing Clovers Sterling High School Mullica Hill Rifle & Pistol Club Santa Teresa High School Junior Reserve Officers’ Training Corps V. Sue Cleveland High School (JROTC) NRA Civil Rights Defense Fund Roberstville Fire Station 1, Venture Crew 85 Lone Tree Bible Ranch Washoe County School District Manzano Mountain Gun Club National Rifle Association of America Saint Mark’s of the Crossing, Venture Crew 357 The Citizens Range & Recreation Club of National Rifle Association of America Youth Programs Eddie Eagle GunSafe® Program Northeastern Nevada Rifle & Pistol Association Central NJ, Inc. Waldwick Pistol & Rifle Club Range Programs Ruby Mountain Clay Breakers New Mexico Military Institute Police Department Silver State Shooting Sports Association New Mexico Shooting Sports Association, Inc. Stillwater Firearms Association NRA Special Contribution Fund The Joe Foss Institute (Whittington Center) University of Nevada Rifle Team Rotary Club of Moriarty 12 Taos Young Guns Shooting Club, Inc. The Joe Foss Institute Lewisville Civic Club, Inc., Troop 752 Parkwood Middle School Valencia County Sheriff’s Department Occoneechee Council Piedmont Middle School Village of Logan, Logan Gun Club Old North State Council Polk County Gun Club Zia Rifle & Pistol Club Carolina Clays, Inc. Porter Ridge High School Carolina West Shooting Club Rocky Mount Academy Central Academy of Technology & Arts Sir Walter Gun Club, Inc. New York $142,987 Central Cabarrus Hunter Safety Team South Stanly Hunter Education Organization 4-H Organizations and Clubs Cherokee County School District, Murphy South Stokes High School Shooting Team Dutchess County Middle & High School Swain County Public Schools Affiliated Conservation Clubs of Cross Trail Outfitters Foothills Unit Swain County High School Hunters Safety Madison County Durham County Wildlife Club Shooting Team Alexandria Bay Police Department East Union Middle School Swain County Middle School Hunters American Legion, John B. Lyman Post 904 Elkin City Schools Safety Shooting Team Andrew E. Zimmer Fish & Game Protective Future Farmers of America (FFA) The Oakwood School Association, Inc. Bunker Hill FFA Alumni Association Tom Cowden Youth Shooting Center Black Lake Fish & Game Association, Inc. Davidson County Public Schools, North Union County North Carolina Second Boy Scouts of America Davidson High School Amendment Scholarship Fund Hudson Valley Council East Montgomery Western North Carolina Sportsman’s Suffolk County Council East Rutherford Hunter Safety Team Federation Theodore Roosevelt Council Henderson County Schools Whitney Rifle Club & Junior Division Brunswick Sportsman’s Club North Henderson High School Winston-Salem Forsyth County Schools Camp Cherith of Western New York West Henderson High School East Forsyth High School Chemung Rod & Gun Club Hobbton High R.J. Reynolds High School Cuba Rod & Gun Club, Inc. Johnston County Public Schools, Smithfield- Ronald W. Reagan High School Delaware Valley Junior Rifle Club Selma High School West Forsyth High School Dunham’s Bay Fish & Game Club Piedmont High School FFA Alumni Dynamic Firearms Shooting Club Smoky Mountain FFA Alumni Association Franklinville Conservation Club South Caldwell High School North Dakota $112,321 Friends of Venture Crew 1862 Southeast Guilford FFA Alumni Affiliate Ayr Rifles Air Shooters Club Genesee Valley Rotary Camp, Inc. Southern Alamance High School Bismarck/Mandan Rifle & Pistol Association Greene Rod & Gun Club Union County School District Forks Rifle Club Hudson Fish & Game Club, Inc. Forest Hills High School Grand Forks Gun Club Kalicoontie Rod & Gun Club Parkwood High School Minot Area Youth Sportsmen Club, Inc. Lewis County Sheriff’s Office Graham County Schools, Robbinsville Missouri Valley Shooting Sports Association Lowville Police Department Shooting Sports National Rifle Association of America Marbletown Sportsman’s Club, Inc. Gray Stone Educational Foundation, Inc., Gray Youth Education Summit (Y.E.S.) Massena Rod & Gun Club, Inc. Stone Day School North Dakota High School Rodeo Association Metropolitan Rod & Gun Club Guilford County Schools, Southern Guilford Wounded Warriors Guide Service, Inc. Nedrow Sportsmen’s Club, Inc. High School Zap Sportsmen’s Club Northern Westchester Rifle Association Hawkeye Gun Club NRA Civil Rights Defense Fund Haywood County Schools Foundation Oxford Junior Shooters Haywood County Schools Ohio $541,649 Bethel Middle School Sportsman’s Club Roslyn Rifle & Revolver Club, Inc. 4-H Organizations and Clubs Sportsmen’s Association for Firearms Canton Middle School Sportsman’s Club Henderson County Schools 4-H Summit Shooting Sports Education, Inc. Allen County Sharpshooters Tri-Village Rod & Gun Club Junior Reserve Officers’ Training Corps (JROTC) Butler County Sharpshooters United Sportsman Association of Rockland Champaign County Village of Brewster Bunker Hill High School Iredell-Statesville Schools, South Iredell Clermont County Walworth Sportsman’s Club, Inc. Defiance County Watertown Sportsmen, Inc. High School McDowell County Public Schools, Delaware County McDowell High School Fairfield County North Carolina $352,620 Mecklenburg County Public Schools, Hardin County Sharpshooters William A. Hough High School Highland County 4-H Organizations and Clubs North Henderson High School Hocking County Young Guns Burke County South Caldwell High School Lorain County Graham County South Point High School Mercer County Marksmen Guilford County South Stokes High School Middletown Sportsmen 4-H Club Haywood County Bullseye Saint Stephens High School Monroe County Hiwassee Dam 4-H Little Red School House of Albemarle, Inc., Ohio State University Extension Lee County D.B.A. Park Ridge Christian School 2 Hot 2 Trot 4-H Club McDowell County McLeansville Wildlife Club American Traditions 4-H Pamlico County Millennium Education Foundation, Millennium Auglaize County Stokes County Charter Academy Bull’s Eye 4-H Club Union County Monroe High School Fantastic Futures 4-H Young Naturalist 4-H Club Montgomery Community College Foundation, Hoppin & Trottin 4-H Alamance Christian School Montgomery County Community College Williams County Albemarle Home School Hunter Safety Team Morganton Parks & Recreation Pickaway County Alleghany High School Hunter Safety Team Mount Pleasant Marksman Team Putnam County Shooting Stars American Legion, Hickory Post No. 48 National Rifle Association of America Richland County Andrews High School Shooting Team Eddie Eagle GunSafe® Program Sandusky County Andrews Middle School Shooting Team Youth Education Summit (Y.E.S.) American Legion Post 318, Anderson Ayden-Grifton Wildlife Team Youth Programs America’s Freedom Lodge Biscoe Police Explorer Post 158 North Carolina Rifle & Pistol Association Am Vets Post 2256 Boy Scouts of America North Carolina State Youth Education Summit Ashtabula Rod & Gun Club Agape Faith Church, Venture Crew 933 Program Badin Clay Busters Cape Fear Council North Stanly Middle School PTA Boy Scouts of America Central North Central Council Northeast Academy, A Christian School, Inc. Erie Shores Council 13 Great Trail Council Ohio River Valley Council Saint Mary of The Assumption Church, Troop 75 Simon Kenton Council Chief Logan Reservation Venture Crew 22 Broken Timber Outdoor Education Center

GRANTS Buckeye Firearms Foundation, Venture Crew 45 Buckeye Outdoor Youth Education & Shooting Center, Inc. Cairo Sportsman’s Club Camp Heritage, Inc.

Centerburg Youth Shooting Sports, Inc. ClayBusters, Inc. Coldwater Police Department NRA NRA FOUNDATION Edgerton Police Department Tactical Unit Farmers & Hunters Feeding the Hungry, Inc. Muskingum & Morgan Counties Williams County Fish & Game Club of Vienna Fort Harmar Rifle Club Fort Recovery Gun Club Fraternal Order of Police, Lodge 10 Future Farmers of America (FFA) Genoa FFA Alumni Association Ohio FFA Camps, Inc. Gallia County Gun Club Great Trail Musketeers, Inc. Hancock County Conservation League Henry County Sharp Shooters Indian Lake Fish & Game Izaak Walton League of America Mount Healthy Chapter Tiffin Seneca Junior Reserve Officers’ Training Corps (JROTC) Delaware City Schools, Rutherford B. Hayes High School Oklahoma $622,090 First Christian Church, Troop 251 East High School Indian Nations Council Newark High School 4-H Organizations and Clubs Manna Ministries, Crew 2370 Lake & Trails Organization Oklahoma State University Sand Springs United Methodist Church, Lima Sabres Shooting Association, Inc. Beaver County Troop 101 Lucas County Sharpshooters Bryan County Woodward Church of Christ, Troop 251 Mahoning County Federation of Caddo County Camp McFadden Sportsmen’s Clubs Cimarron County Future Farmers of America (FFA) Mahoning County Outdoorsmen Cleveland County Achille Public Schools Mapleton Gun Club, Inc. Comanche County Altus Public Schools Martins Ferry Police Department Creek County Binger-Oney Schools Mercer County Sportsmen Association Garfield County Blackwell Public Schools Middleton Township Fish & Game Club, Inc. Garvin County Broken Bow Public Schools National Rifle Association of America Grady County Calera Public Schools Range Programs Grant County Central High School Youth Programs Harper County Coalgate Agricultural Education New Pittsburg Sportsmen’s Club Jackson County Cushing Public Schools North Lawrence Fish & Game Club, Inc. Johnston County Dickson Agricultural Education Program Oak Harbor Conservation Club, Inc. Kingfisher County Drummond Public Schools Ohio Rifle & Pistol Association Kiowa County Durant Schools Pheasants Forever, Mercer County Chapter 745 Logan County Eagletown Public Schools Roseville Elementary School Love County Eufaula Public Schools Sandusky County Sportsmen’s Club, Inc. Major County Fort Supply Shooting Sports Club South Shore Sportsman Club, Inc. Marshall County Glencoe Public Schools Sportsmen for Conservation, Inc., Mayes County Heavener Public Schools Guernsey County McClain County Holdenville Public Schools Stark County Federation of Conservation Clubs McCurtain County Hollis Public Schools The Farmers & Sportsmen Conservation Club Pawnee County Hydro-Eakly FFA Booster Club of Bethesda Payne County Keota Public Schools The Southern Ohio Dog & Game Protective Pontotoc County Lookeba-Sickles FFA Booster Club Association Pottawatomie County Newcastle Public Schools Tusco Rifle Club Roger Mills County Norman Public Schools Urbana University Seminole County Okarche Public School Van Wert County Outdoorsmen’s Stephens County Prague Public Schools Association, Inc. Wagoner County Seiling Public School Weslaco Sportsmen’s Club, Inc. Woods County Spiro Public Schools Williams County Conservation League Asburyscouts Leadership Foundation Turner Public School YMCA, Camp Willson Boy Scouts of America Wilson Public School Zanesville Rifle Club, Inc. 1st United Methodist Church, Troop 361 Wister Public Schools 14 Cimarron Council Woodward Public Schools Haworth Shooting Club Evans City Sportsman Club Hooker Masonic Lodge Pennsylvania $818,925 Fathers in the Field Junior Reserve Officers’ Training Corps 4-H Organizations and Clubs Fayette Sportsmen League Youth Hunter (JROTC) Dauphin County Education Challenge Program Crooked Oak High School Liberty Community 4-H Forest Hills School District Inola Public Schools Mechanicsburg 4-H Fort Hand Rifle Club Tulsa Public Schools, Will Rogers Mifflin County Frazier Simplex Rifle Club High School Northampton County Friedensburg Youth Hunter Educational National Rifle Association of America Pennsylvania State University Challenge Range Programs Clearfield County Hot Shots Friends of Mount Pisgah, Women in the Wilds Youth Programs Columbia County Redneck Shooters Greene County Department of Recreation Northeast Oklahoma Association of Fayette County Guthsville Rod & Gun Club Homeschools Greene County Handgunners, Inc. Northeastern State University Somerset County 4-H Harrisburg Hunters’ & Anglers’ Association Oklahoma City Gun Club Development Fund Hellertown Sportsmen’s Association Oklahoma State University Shotgun South Ebensburg 4-H Community Club Herminie No. 2 Game Association Sports Club Washington County High Point Camp Oklahoma Youth Shooting Sports We’re On Target 4-H Holmesburg Fish & Game Education Alliance Westmoreland County Hunt Of A Lifetime RiverHawk Shooting Sports Venango County Dead-Eyes Hunters Sharing the Harvest SCRAP Club, Inc. Albion Area Sportsmen’s Club Indiana County Junior Marksmanship Stillwater Rifle & Pistol Club Alexandria Sportsman Association, Inc. Training Unit The River of Life Christian Fellowship, Inc. Aliquippa Bucktails Jerome Sportsmen Association Tri City Gun Club Allegheny Country Rifle Club Junior Reserve Officers’ Training Corps Tulsa Bird Dog Association Allegheny County Schools, Plum High School (JROTC) Warriors for Freedom Foundation American Legion, Department of Pennsylvania Beaver Area High School American Legion, North Harrisburg Post 1001 Bensalem High School Am Vets Post 50 Trap Club, Sugar Grove Dallastown Area School District Oregon $309,151 Benshoff Hill Rod & Gun Club Lehigh County Schools, 4-H Organizations and Clubs Berlin Brothers Valley School District Louis E. Dieruff High School Clackamas County 4-H Leaders’ Berwick Area School District Wilson High School Association, Inc. Boy Scouts of America Kalbfus Rod & Gun Club, Inc. Oregon 4-H Foundation Bucks County Council 777, Camp Kane Fish & Game Club Benton County Ockanickon Kiski Township Sportsmen’s Beagle & Rogue Valley Sharp Shooters Bucktail Council Rifle Club Tillamook County Chester County Council Kutztown Area School District Union County Chief Cornplanter Council, Inc. Lake Edinboro Sportsman League Yamhill County Hudson Valley Council Lawrence County Young Guns Albany Gun Club Juniata Valley Council Lebanon Valley Sportsmen Association, Inc. Boy Scouts of America Laurel Highlands Council Lehigh Valley Scholastic Shooting Team Crater Lake Council Mason Dixon Council Lower Providence Rod & Gun Club Cascade Civil War Society Moraine Trails Council Mason-Dixon Clay Busters, Inc. Central Oregon Shooting Sports Association Mount Vernon Community Presbyterian Matamoras Rod & Gun Club Colonel Allison Junior Rifle Club Church, Troop 99 McGuffey School District Divide Camp Northeastern PA Council McKeesport Sportsmen’s Association Douglas Ridge Rifle Club Junior Program Pennsylvania Dutch Council Mechanicsburg Sportsmen’s Protective Eagle Cap Shooters Association Bradford County Youth Field Day Association East End Rod & Gun Club Brockway Schools & Community Education Meyersdale Area School District Emerald Empire Gun Club Foundation Mifflin County Sportsmen’s Association Fathers in the Field Brokenstraw Fish & Game Moraine Conservation & Sportsmen’s Four Corners Rod & Gun Club Educational Bucktail Rod & Gun Club Association Foundation Butler City Hunting & Fishing Club Moscow Sportsmen’s Club, Inc. Butler County School District National Rifle Association of America Hermiston Rod & Gun Club ® Hunt Of A Lifetime California University Student Association, Inc. Eddie Eagle GunSafe Program Jefferson State Shooting Association Camp Compass Youth Programs Junior Reserve Officers’ Training Corps Castlewood Rod & Gun Club National Wild Turkey Federation, Jerry (JROTC) Chestnut Ridge School District, Zimmerman Memorial Chapter Klamath County School District, Chestnut High School Ned Smith Center for Nature & Art Henley High School Chubb International Shooting Sports, Inc. Nessmuk Rod & Gun Club Madras High School Clairton Sportsmen’s Club, Inc. Northern Cambria Rifle Team Redmond High School Collier Sportsmen’s Association Otto-Eldred Regional Youth Trap Team Lane County Parole & Probation Columbia Fish & Game Association Palmyra Sportsmen’s Association, Inc. Medford Gun Club, Inc. Colver Sportsmen’s Club Penn Dutch Sportsmen’s Club National Rifle Association of America Conemaugh Township Area School District Penncrest School District Range Programs Conneaut Lake Sportsmens Association Pennsylvania Game Commission Youth Programs Conococheague Junior Rifle Club Southwest Region Oregon Scholastic Clay Target Program Corry Rod & Gun Club, Inc. Pennsylvania Institute for Conservation Oregon State Scholarship Committee Daisytown Sportsmen’s Club Education Oregon State University Dayton District Sportsmen, Inc. Pennsylvania Rifle & Pistol Association Powder River Sportsmen’s Club, Inc. Dormont-Mount Lebanon Sportsmen’s Club Pennsylvania Scholastic Clay Target Roseburg Rod & Gun Club DuBois Area Catholic School Educational Foundation, Inc. The Joe Foss Institute DuBois Area School District Pennsylvania Skeet Shooting Association Tioga Sports Park Association DuBois Rifle & Pistol Club, Inc. Pennsylvania Youth Hunter Educational East Stroudsburg School District Challenge Council Eldred Conservation Club Perry Township Game Association Elizabeth Township Sportsmen’s Association Phila Hunting & Shooting Association Youth Ellwood/Wampum Rod & Gun Club Field Day Committee Erie County Sportsmen’s League Pine Grove Sportsmen’s Association 15 Pitcairn Monroeville Sportsmen’s Club Aiken High School Chilhowee Rod & Gun Club, Portage Area Youth Marksmanship Booster Wagener-Salley High School 308 Venturing Crew Organization Broome High School Middle Tennessee Council River Junction Shootist Society Central High School Bradley County Government, Sheriff’s Office Rockwood Area School District Chesnee High School Briarcrest Christian School, Trap Club Roscoe Sportsmen’s Association Laurens District 55 High School Cedar City Straights Trap Team Safari Club International, Pittsburgh Chapter Midland Valley High School Christian Brothers High School Salisbury Elk Lick School District Nation Ford High School Christ’s Legacy Academy, Inc.

GRANTS Sandy Bottom Sportsman Club North Augusta High School Clarksville Christian School Scranton Rifle & Pistol Club Pendleton High School Clarksville High Clay Target Team Scullton Rod & Gun Club Ridge View High School Coffee County Schools Seitzland Rifle Club, Inc. South Aiken High School Central High School Claybusters Shanksville-Stonycreek School District South Florence High School Middle School Claybusters

Sheffield Rod & Gun Club Walhalla High School Collierville High School Trap Team Booster Club Shelocta Sportsmen’s Club, Inc. King Academy Sporting Clays Team Columbia Academy GunDawgs Sigel Sportsmen’s Club Laurens District High School Freshman Concerned Parents Corporation, Venturing NRA NRA FOUNDATION Sinnemahoning Sportsmen Association, Inc. Academy Crew 700 Somerset Area School District National Rifle Association of America Covenant Ranch, Inc. Southern Chester County Sportsmens & Youth Programs Dickson Clay Commanders Farmers Association Newberry Academy Downtown Presbyterian Church, Manassas Southern Chester County Youth Newberry County Sheriff’s Office Scholastic Clay Target Program Shooting League Newberry Junior Pistol Club Eagleville High School Trap Team Southern Clinton Youth Hunter Educational Richland County Sheriff’s Department Fairfield Glade Sportsman Club, Inc. Challenge Robert E. Lee Academy Fayette Academy Southern Lehigh School District Rocky Creek Youth Clay Dusters First Assembly of God Church, Springs Rod & Gun Club Saluda Police Department FACS Crusader Trap Saint Clair Tremont Trap & Field Club South Aiken Baptist Christian School Future Farmers of America Foundation, Inc. Saint Mary’s Sportsmen’s Club Ware Shoals Police Department Harpeth Scholastic Shooting Sports Foundation Sullivan County School District, Sullivan County Waterloo Elementary School Heritage Shooting Team High School Wildlife Action, Inc. Houston High School Trap Team Team Pine Grove Youth Hunter Educational Horry Chapter Independence High School Clay Target Club Challenge Pageland Chapter Junior Reserve Officers’ Training Corps Tidioute Community Charter School YMCA, Camp Greenville (JROTC) Trafford Sportsmen’s Club Alvin C. York Agricultural Institute Trinity High School National Defense Cadet Cane Ridge High School Corps Program South Dakota $75,687 David Crockett High School Troy Junior Sportsmen Club 4-H Organizations and Clubs Lebanon High School Troy Rod & Gun Club Charles Mix County LaVergne High School Trap Team Union City Sportsmens Club Davison County Lawrence County Shooting Team Valley Gun & Country Club Douglas County Lebanon Police Department Valley Inn Sportsman Association Sanborn County Martin Methodist College Warren County Hot Shots South Dakota 4-H Foundation, Memphis Police Department Washington High School Rifle Team Clay County Flyers Mid South Quail Forever West Chester Gun Club & Athletic Association South Dakota State University, Brookings 4-H Middle Tennessee Christian School Western Pennsylvania Sportsmen’s Club Brookings County Conservation League Clay Target Team White Oak Rod & Gun Club Boy Scouts of America Midsouth Marksmen White Oak Shooting Club Sioux Council Montgomery Bell Academy Wilderness Wildlife Museum Codington County Sportsman’s Club Rifle Team Wilkes-Barre Rifle & Pistol Club Junior Reserve Officers’ Training Corps Trap Team Woodland Hills High School Rifle Team National Rifle Association of America (JROTC) ® Youngwood Sportsmen’s Association, Inc. Lincoln High School Eddie Eagle GunSafe Program Lawrence County Shooting Sports Range Programs McIntosh Wildlife Club Quail Forever, Music City Chapter Rhode Island $9,945 Paralyzed Veterans of America, North Central Riverdale High School Smithfield Sportsman’s Club Chapter Rossville Christian Academy South County Rod & Gun Club Sage Brush Rifle & Pistol Club Trap Shooting Team Tiverton Rod & Gun Club South Dakota Game, Fish & Parks Sale Creek Panthers Warwick Range Activities Committee Shelbyville Central Trap Team Smoky Mountain Archers Tennessee $293,344 Soddy Daisy High School Step-Up Program South Carolina $138,418 Southern Shooting Sports 4-H Organizations and Clubs Spring Hill Clay Target Team Parent Booster 4-H Organizations and Clubs Monroe County SCTP Shooters Organization Clemson University, Abbeville County University of Tennessee Saint George’s Independent School Pendleton Area 4-H Shotgun Club Covington 4-H Shooting Team Saint Agnes Trap Team Abbeville County Sheriff’s Office Dickson County Summertown High School Clay Target Team Abbeville Police Department Henderson County Summit High School Parent Teacher Student Belton Gun Club, Inc. Loudon County Organization Boy Scouts of America Madison County Tennessee Shooting Sports Association, Inc. Palmetto Council Morgan County Tennessee Youth Education Shooting Sports Clemson Shotgun Club Obion County Tipton County Claybusters Dillon County Rifle & Gun Club Rhea County University of Tennessee Edgefield County Sheriff’s Office White County Martin Clay Target Club Gallman Elementary Arlington High School Trappers Shotgun Team Higher Vision Church Battle Ground Academy U. S. Conference of Catholic Bishops, Junior Reserve Officers’ Training Corps Bolton Trap Club Camp Marymount (JROTC) Boy Scouts of America Volunteer Rifle & Pistol, Inc. 16 Aiken County Public Schools Cherokee Area Council Westwood Middle School Scholastic Clay Target Program William Blount Shooting Team Young Marines, Lt. Alexander Bonnyman Unit

Texas $1,255,655 4-H Organizations and Clubs Angelina County Atascosa 4-H Shooting Sports Baylor County Burleson County Callahan County 4-H Shooting Sports Club Cherokee 4-H Shooting Sports Cooke County DeWitt County Fayette County Goliad County Grimes County Helotes 4-H Booster Club, Inc. Henderson County Hood County Sharpshooters Humble 4-H Club Knox County Lake Houston 4-H Outdoor Explorers Lavaca County Menard County Montgomery 4-H Shooting Sports Club Oldham County Rio Medina 4-H Club Roberts County Shooting Stars 4-H Club Earl Graham Post 159 Junior Shooting Rusk County Somerville County Sports Club Spring 4-H Club Stampede Creek 4-H Club Fathers in the Field Texas 4-H, Inc. Stonehill 4-H Club Future Farmers of America (FFA) Bandera 4-H Shotgun Project Sure Shots 4-H Club Alvarado Independent School District Bandera County Sutton County 4-H Club Corrigan-Camden FFA Shooting Team Bexar 4-H Sportfishing & Shooting Club Sweeny 4-H Club Navarro FFA Booster Club Bowie County Texas 4-H Youth Development New Diana Independent School District Brazos County Foundation Pewitt Central Independent School District Brush Country Travis County Genoa Central School District Christian Life Preparatory School Trinity County Harltley County Sheriff’s Office Coleman County Victoria 4-H Rifle Project Hays County Constable’s Office Colmesneil 4-H Club Victoria County Hays County Sheriff’s Office Comal County 4-H Council Webb 4-H Shooting Sports Club Henderson County Wildlife Committee Cow Creek 4-H Wilson County 4-H Club Hunt For The Cure, Inc. Crosby 4-H Club Wise County Jasper Youth Shooting Sports Association Crosby 4-H Shooting Sports Upshur 4-H Shotgunners Jourdanton Police Department Dallam Parent Leaders Association Upton County Junior Reserve Officers’ Training Corps (JROTC) Ellis Shooting Sports 4-H Club Val Verde County Shooting Sports Captain John L. Chapin High School Fancy Feathers 4-H Club Young County Clear Creek Independent School District Floyd County 4-H Allen Eagles Competitive Shooting Team Support Groups Grayson County Booster Club, Inc. Clint Independent School District, Gregg County Baylor County Sheriff’s Office Horizon High School Guadalupe County Bertram Police Department Comal Independent School District, Canyon Harrison County Big Woods Archery Club Lake High School Hartley County Boy Scouts of America Conroe Independent School District, Hays County 4-H Shooting Sports Club Alamo Area Council Oak Ridge High School Henderson County Custer Road United Methodist Church, Flour Bluff High School Booster Club Jasper 4-H Gun & Bow Club Troop 25 Fredericksburg High School Johnson Country 4-H Shooters Golden Spread Council Granbury Rifle Team Kaufman County Marble Falls First Baptist Church, Harlingen High School South Kerr County Venturing Crew 284 John F. Kennedy High School Kimble County South Texas Council John Marshall High School La Ward 4-H Shooting Sports Yucca Council, Inc. Livingston High School LaCoste 4-H Shooting Sports Brazos Valley Skeet & Trap Club, Inc. Lubbock High School Medina County Brownsville Independent School District Police Magnolia High School Midland Community Buckner Children & Family Service Midland High School, Nacogdoches County Burnet County Sheriff’s Office Cadet Parent Booster Club Nueces County Business Development Group of Aledo Northside Independent School District, Tom Panola County Charitable Foundation, Inc. C. Clark High School Parker County Christoval High School Shooting Team Robert G. Cole High School Pecos County City of Crane Police Department Socorro High School Randall County City of Marble Falls Police Department Southside High School Rogers 4-H Club Combat Marine Outdoors Stafford High School San Saba 4-H Club Cross Trail Outfitters of Texas, Inc. W.B. Ray High School Santo 4-H Shooting Sports Dallam County Sheriff Waller High School Shooting for the Stars 4-H Club Eagle Lake Police Department Wharton High School Ysleta Independent School District 17 Kenedy Police Department NOAAWIVA Sportsmen, Inc. Kids Outdoor Zone Virginia $295,821 Quail & Upland Wildlife Federation, Northern Kountze Police Department 4-H Organizations and Clubs Virginia Chapter 16 Loma Alta Trap & Skeet, Inc. 4-H Clubs of Virginia Beach, Inc. Radford University Trap & Skeet Club Lone Star Youth Outdoors 4-H Patriot Shooting Club Ridge Rifle Association Luling Police Department Floyd County University of Virginia, Virginia Rifle & Pistol Club Military Warriors Support Foundation Four Rivers 4-H Shooting Sports Club Virginia Shooting Sports Association National Rifle Association of America Frederick County Virginia Military Institute Foundation, Inc. ®

GRANTS Eddie Eagle GunSafe Program Freeland 4-H Shooting Club West Springfield High School Rifle Club Range Programs Holiday Lake 4-H Center Refuse To Be A Victim® Jamestown 4-H Educational Center Youth Education Summit (Y.E.S.) Northern Virginia 4-H Shooting Washington $293,908 Youth Programs Education Center 4-H Organizations and Clubs

Pharr Rifle & Pistol Club Prince William County 4-H Association Colville Valley Sharpshooters Schulenburg Police Department Rockingham County Kitsap County Silver Bullets Seguin Outdoor Learning Center Seven Bends 4-H Hunter Education Club

NRA NRA FOUNDATION Pacific County Sutton County Sheriff’s Office Southeast 4-H Educational Center, Inc. Pure Country Tarleton State University Virginia Tech Foundation, Inc. Black Diamond Gun Club Texarkana Arkansas Razorback Trap Team 4-H Targeteers Shooting Sports Club Boy Scouts of America Texas A & M University Appomattox 4-H Shooting Cascade Pacific Council Pistol Team Education Club Grand Columbia Council, Post 2091 Trap & Skeet Augusta County Mount Baker Council Texas Adaptive Aquatics, Inc. Bedford County Bremerton Trap & Skeet Club Texas State Rifle Association Belvoir Bullets 4-H Centralia Rifle Club & Junior Division Texas Wildlife Association Foundation Botetourt County Davenport Gun & Game Club The Alamo, The Daughters of Republic of Texas Brunswick 4-H Shooting Sports Club Fire Mountain A.S.H. The Joe Foss Institute Capital Baptist 4-H Imagineers’ Club Junior Reserve Officers’ Training Corps Victoria Rotary Foundation Chatham 4-H Shooting Education (JROTC) Young Hunters Unlimited Chesterfield County Graham Kapowsin High School Young Marines, El Paso Craig County Shooting Stars Marysville-Pilchuck High School Fauquier County Prairie High School Goochland County Shelton High School Utah $172,204 Greensville/Emporia 4-H Walla Walla High School 4-H Organizations and Clubs Hanover Sharp Shooters 4-H Club Kettle Falls Gun Club Iron County, Three-Peaks Little North Mountain 4-H Shooting Marysville Rifle Club Boy Scouts of America Education Club Mason County Sportsman’s Association, Inc. Great Salt Lake Council Lunenburg 4-H Shooting National Rifle Association of America Trapper Trails Council Education Club Eddie Eagle GunSafe® Program Utah National Parks Council Mecklenburg 4-H Shooting Youth Education Summit (Y.E.S.) Cache Valley Public Shooting Range Education Club New Horizon School Cedar City Trap Club Montgomery County NRV Nile Shriners Hill Air Force Base Rod & Gun Club Sharpshooters North Cascades Sportsman’s Club Junior Reserve Officers’ Training Corps Northampton 4-H Shooting Sports Club Okanogan County Sheriff’s Office (JROTC) Nottoway Regional 4-H Shooting Paul Bunyan Rifle & Sportsman’s Club Clearfield High School Sports Club Pierce County Sportsmen’s Council Granite School District, P-town Hot Shots 4-H Shooting Club Quincy American Legion Gun Club Taylorsville High School Powhatan 4-H Shooting Club Seattle Skeet & Trap Club Mule Deer Foundation, Utah Scholastic Clay Prince Edward 4-H Shooting Tacoma Sportsmen’s Club Target Program Education Club Tumwater High School Rifle Club National Rifle Association of America Skyline Shooting Sports Club Vancouver Rifle & Pistol Club Range Programs Smyth County 4-H Washington Youth Hunter Education Challenge Youth Education Summit (Y.E.S.) Virginia 4-H Shooting Education Council West Seattle Sportsmen’s Club Pacific State Shooting Club, Springville Junior Virginia Cooperative Extension, Wildlife Committee of Washington, Inc. Rifle Club Brunswick County William F. West High School Southern Utah Shooting Sports Park Special W.E. Skelton 4-H Educational Service District Conference Center Utah Hunter Education Instructors Association Arrowhead Gun Club West Virginia $133,127 Bath County Sheriff’s Office Utah Precision Marksmanship Society 4-H Organizations and Clubs Utah State Rifle & Pistol Association Boy Scouts of America Blue Ridge Mountains Council Harrison County Heart of Virginia Council Jackson County Vermont $51,310 Sequoyah Council, Breaks District Lincoln County Shenandoah Area Council Marshall Ohio County 4-H Organizations and Clubs Stonewall Jackson Area Council Upshur County 4-H Foundation, Inc. University of Vermont, 4-H Shooting Sports Cedar Mountain Youths, Inc. West Virginia University Barre Fish & Game Club, Inc. Fork Union Military Academy Boone County Caledonia Forest & Stream Club Izaak Walton League of America, Monroe County National Rifle Association of America Lynchburg Chapter West Virginia University Extension Service, Range Programs Junior Reserve Officers’ Training Corps (JROTC) Braxton County ® Refuse To Be A Victim Franklin County High School Wood County Youth Education Summit (Y.E.S.) George Washington High School Boy Scouts of America Northfield Middle & High School Rifle Team Nottoway High School Ashbury United Methodist Church, Troop 42 University of Vermont, Shooting Sports Club Pittsylvania County Schools, Chatham Ohio River Valley Council Vermont Federation of Sportsmen’s Clubs, Inc. High School Izaak Walton League of America, Vermont Junior Shooting Sports Association Wythe County Schools Jefferson County National Rifle Association of America Junior Reserve Officers’ Training Corps (JROTC) Range Programs Greenbrier East High School 18 Youth Education Summit (Y.E.S.) WV-781st Booster Club Marshall County Hunting & Fishing Club La Crosse Rifle Club, Inc. Boy Scouts of America National Rifle Association of America MRC Sportsman’s Club, Inc. Central Wyoming Council Range Programs National Rifle Association of America Longs Peak Council Youth Education Summit (Y.E.S.) Eddie Eagle GunSafe® Program Boys & Girls Club of Dubois Youth Programs Youth Education Summit (Y.E.S.) City of Rawlins National Wild Turkey Federation, Mountain Youth Programs Jackson Hole Gun Club, Inc. Lakes Chapter North Fond du Lac High School Trap Team Laramie County Shooting Sports Complex Putnam County Gun Club Northern Lakes Partners, Inc., Crescent Lake Laramie Trap Club Ripley Middle School Archery Team Bible Camp Mallo Camp Board, Weston County Saint Mary’s High School Outdoorsmen’s Club Rice Lake Rod & Gun Club National Rifle Association of America Tyler Consolidated High School Safari Club International, Wisconsin Chapter Eddie Eagle GunSafe® Program West Virginia Division of Natural Resources Somo Fish & Game Club Range Programs West Virginia State Youth Education Summit, Inc. Southwest Wisconsin Technical College Youth Education Summit (Y.E.S.) West Virginia Wildlife Federation Superior Range Shooters Club, Inc. Youth Programs White Horse Firearms & Outdoor University of Wisconsin, Polestar Outdoors Education Center Platteville Sportsman’s Club Southeast Wyoming Economic Village of Athens Police Department Development District Winnebago Eastshore Conservation Club, Inc. University of Wyoming Wisconsin $300,019 Wisconsin Paralyzed Veterans of America Shotgun Sports Club American Legion, Post 308 Wisconsin Rifle & Pistol Association Upton Gun Club Big Eau Pleine Trap Club, Inc. Wisconsin Trapshooting Association Upton Youth Hunter Education Challenge Black River Falls Senior High Wounded Warriors in Action Foundation Shooting Club Boy Scouts of America Western Wyoming Rifleman’s Association, Inc. Bay-Lakes Council Wyoming State Youth Hunter Education Chippewa Valley Council Wyoming $423,974 Challenge Glacier’s Edge Council 4-H Organizations and Clubs Potawatomi Area Council Campbell County Samoset Council Converse County Cadott Hunter Education Association Crook County Chaseburg Rod & Gun Club Fremont County Chippewa County Sheriff’s Department Hot Springs County Fort Wilderness Ministries Laramie County Heritage Shooting, Inc. Niobrara County Hudson Rod, Gun & Archery Salt River Shooters 4-H Club Izaak Walton League of America, University of Wyoming, Big Horn County Bill Cook Chapter Weston County Janesville Conservation Club 19 Your Legacy of FREEDOM

to Support Your NRA: The NRA Foundation offers many flexible options for individuals, Ways organizations, and companies to support the Foundation’s work. Call 1-877-NRA GIVE (1-877-672-4483) for details on the options available. These include:

Current Contributions Contributions through Planned Gifts That Provide a Planned Gift Income to Donor(s) Online Contributions Payroll Deduction Will or Living Trust Bequests Charitable Remainder Trusts Employer Matching Gift Life Insurance Charitable Gift Annuities (Funded Workplace (CFC/United Way) Retirement Plans, IRA-401k by Cash, Appreciated Stocks, Memorial Gifts Real Estate Firearms, Real Estate) Gifts in Kind Charitable Trusts Firearms Real Estate Stocks, Bonds

Wills and Bequests Donors can bequeath a specific amount or a percentage of their estate to The NRA Foundation. Contributions by bequest are deductible from the taxable estate as a charitable gift. As an alternative, The NRA Foundation can be named a contingent beneficiary in the event the first-named beneficiary (ies) should not live to receive the inheritance. If your will is already prepared, a simple codicil (a supplement or addition) can be added to the existing document. Since local laws differ, a professional advisor should be contacted for the preparation of all wills and trusts. As a reference, The NRA Foundation recommends that members and friends consider the following language for use in their wills. General bequest language is as follows: I give, devise, and bequeath to The NRA Foundation, Inc., 11250 Waples Mill Road, Fairfax, Virginia 22030, the sum of $______(or here otherwise describe the gift) for its general purposes as such shall be determined by its Board of Trustees. Bequest language to benefit The NRA Foundation endowment is as follows: I give, devise, and bequeath to The NRA Foundation, Inc., 11250 Waples Mill Road, Fairfax, Virginia 22030, the sum of $ ______(or here otherwise describe the gift) for its endowment. NRAFOUNDATION 20 Office of Advancement

NRA Ring of Freedom recognizes annual gifts of $1,000 or The more to the NRA or any of its affiliates,CORPORATE including The NRA HERITAGE SM Foundation. Permanent recognition is given for cash gifts of $25,000 or more or planned gifts of $100,000SM or more. GIVINGDonors who have responded SM SOCIETY to the NRA’s most urgent challenges with cash gifts of $1,000,000 or more SM are inducted into the NRA Golden Ring of Freedom. Benefits of joining the NRA Ring of Freedom family include: invitations to special events at NRA Annual Meeting, recognition in an honor roll of donors, subscription to NRA Ring of Freedom Magazine, and invitations to join regional and national NRA Ring of Freedom events.

SOCIETY CASH AMOUNT THOMAS PAINE $1,000–$9,999 PATRICK HENRY $10,000–$24,999 ADDA JAMES MADISON $25,000–$99,999 BUCK ALEXANDER HAMILTON $100,000–$499,999 GEORGE WASHINGTON $500,000–$999,999 GOLDEN $1,000,000 +

SOCIETY PLANNED GIFT AMOUNT THOMAS PAINE $1,000–$99,999 ALEXANDER HAMILTON $100,000–$999,999 CHARLTON HESTON $1,000,000 +

The Ring of Freedom’s grand mission is to gather the resources required to preserve the Second AmendmentWOMEN’S and surround its blessings with impenetrable protectionLEADERSHIP in perpetuity. Through your leadership,SM never againFORUM will this peerless liberty suffer the blatant infringement and cultural disdain it barely survived over the past quarter-century.

21 Report of the TREASURER

NRA Foundation, Inc. experienced continued growth and success in 2014, with net proceeds The from Friends of NRA events of $30.5 million. As a result, the Foundation awarded a record $32.9 million in grants for programs such as youth; range development and improvement; training, education and safety; and wildlife and natural resources. During 2014, 87 cents of every dollar spent went to grants and programs. With steady growth since inception in 1990, the Foundation’s financial position is strong, with nearly $79.0 million in cash and investments and $114.7 million in net assets at NRAFOUNDATION December 31, 2014. Management of the Foundation’s investment portfolio is assigned to various external managers under the supervision of the Treasurer, with oversight by a committee of the Board of Trustees. The portfolio is allocated among equity and fixed income investments in a manner that maximizes investment returns at appropriate risk levels. The Foundation’s endowment investment portfolio was up 6.6% for the year ended 22 December 31, 2014. Distribution of Investment Holdings 2014 Expenditures As of 12/31/14

Administrative Money Market Fixed Income Program Services 4% Fundraising 2% Securities 9% 25% 87% Equity Securities 73%

Growth In Support Growth In Net Assets ($ in millions) ($ in millions) $120 $50 Unrestricted

100 40 Contributions Temporarily 80 Restricted 30 60 Net FONRA 20 Events 40 Permanently Restricted

10 20

0 0 2011 2012 2013 2014 2011 2012 2013 2014

23 To the Board of

TRUSTEES THE NRA FOUNDATION, INC.

Report on the Financial Statements We have audited the accompanying financial statements of The NRA Foundation, Inc. (the Foundation) which comprise the statements of financial position as of December 31, 2014 and 2013, and the related statements of activities and cash flows for the years then ended and the related notes to the financial statements. Management’s Responsibility for the Financial Statements Management is responsible for the preparation and fair presentation of these financial statements in accordance with accounting principles generally accepted in the United States of America; this includes the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error. Auditor’s Responsibility Our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits in accordance with auditing standards generally accepted in the United States of America. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor’s judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity’s preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity’s internal control. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion. Opinion In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of The NRA Foundation, Inc. as of December 31, 2014 and 2013, and the changes in its net assets and its cash flows for the years then ended in accordance with accounting principles generally NRAFOUNDATION accepted in the United States of America.

McLean, Virginia 24 March 10, 2015 The NRA Foundation, Inc. Statements of Financial Position AS OF DECEMBER 31, 2014 AND 2013

2014 2013 Assets Cash and cash equivalents $ 18,958,456 $ 20,887,804 Investments 59,996,365 57,466,673 Pledges and contributions receivable, net 4,636,176 1,331,591 Accounts receivable, net of allowance of $5,250 and $64,250, respectively 899,050 776,083 Inventory, net 12,337,536 8,407,353 Land — 300,000 Property and equipment, net 1,151,779 1,215,498 Other assets, principally museum collections, net 24,238,859 23,840,988 Split interest agreements 1,047,224 930,619 Total assets $ 123,265,445 $ 115,156,609

Liabilities and net assets Accounts payable and accrued liabilities $ 1,985,258 $ 1,571,828 Due to affiliates 4,287,738 3,798,517 Grants payable 64,364 728,862 Annuities payable 2,208,973 2,854,238 Total liabilities 8,546,333 8,953,445

Net assets Unrestricted 17,048,517 16,278,746 Temporarily restricted 37,120,459 33,604,018 Permanently restricted 60,550,136 56,320,400 Total net assets 114,719,112 106,203,164

Total liabilities and net assets $ 123,265,445 $ 115,156,609

THE ACCOMPANYING NOTES ARE AN INTEGRAL PART OF THESE FINANCIAL STATEMENTS. 25 The NRA Foundation, Inc. Statements of Activities FOR THE YEARS ENDED DECEMBER 31, 2014 AND 2013 STATEMENTS

2014

Temporarily Permanently Unrestricted Restricted Restricted Total Revenue and other support Friends of NRA proceeds of $65,665,683 net of direct benefit expenses of $35,202,659 $ 15,102,380 $ 15,309,294 $ 51,350 $ 30,463,024 Contributions, net 5,729,832 1,780,955 4,103,866 11,614,653

FINANCIAL Net investment income 183,893 3,174,777 74,520 3,433,190 Change in value of split interest agreements — 684,361 — 684,361 Other income 589,454 — — 589,454 Assets released from restrictions 17,432,946 (17,432,946) — — Total revenue and other support 39,038,505 3,516,441 4,229,736 46,784,682

Expenses Program 33,305,256 — — 33,305,256 Administrative 1,469,538 — — 1,469,538 Fundraising 3,493,940 — — 3,493,940 Total expenses 38,268,734 — — 38,268,734

Change in net assets 769,771 3,516,441 4,229,736 8,515,948 Net assets, beginning of year 16,278,746 33,604,018 56,320,400 106,203,164 Net assets, end of year $ 17,048,517 $ 37,120,459 $ 60,550,136 $ 114,719,112

2013

Temporarily Permanently Unrestricted Restricted Restricted Total Revenue and other support Friends of NRA proceeds of $67,568,860 net of direct benefit expenses of $34,993,658 $ 16,186,783 $ 16,335,744 $ 52,675 $ 32,575,202 Contributions, net 4,985,880 674,802 797,611 6,458,293 Net investment income 447,735 6,676,379 181,048 7,305,162 Change in value of split interest agreements — 103,810 — 103,810 Other income 585,291 — — 585,291 Assets released from restrictions 14,352,517 (14,352,517) — — Total revenue and other support 36,558,206 9,438,218 1,031,334 47,027,758

Expenses Program 25,987,599 — — 25,987,599 Administrative 1,742,072 — — 1,742,072 Fundraising 3,552,723 — — 3,552,723 Total expenses 31,282,394 — — 31,282,394

Change in net assets 5,275,812 9,438,218 1,031,334 15,745,364 Net assets, beginning of year 11,002,934 24,165,800 55,289,066 90,457,800 Net assets, end of year $ 16,278,746 $ 33,604,018 $ 56,320,400 $ 106,203,164

26 THE ACCOMPANYING NOTES ARE AN INTEGRAL PART OF THESE FINANCIAL STATEMENTS. The NRA Foundation, Inc. Statements of Cash Flows FOR THE YEARS ENDED DECEMBER 31, 2014 AND 2013

2014 2013 Cash flows from operating activities Change in net assets $ 8,515,948 $ 15,745,364 Adjustments to reconcile change in net assets to net cash (used in) provided by operating activities: Amortization and depreciation 131,838 51,339 Provision for losses on pledges, contributions and accounts receivable (21,000) 54,000 Provision for losses on inventory 104,000 (991,100) Provision for losses on other assets 12,900 (2,400) Provision for losses on land 27,548 325,243 Donated assets, museum collections (483,994) (102,825) Donated assets, securities unrestricted and temporarily restricted (43,657) (61,621) Contributions restricted for investment in endowment (2,000,437) (1,853,172) Net realized and unrealized gain on investments (1,768,615) (6,173,491) Increase (decrease) in discount on pledges receivable 21,258 (12,916) Increase in value of split interest agreements (776,476) (103,810) Changes in assets and liabilities: (Increase) decrease in pledges and contributions receivable (3,363,843) 1,103,025 (Increase) decrease in accounts receivable (63,967) 130,182 (Increase) decrease in inventory (4,034,183) 707,403 Decrease (increase) in other assets 57,650 (236,470) Increase (decrease) in accounts payable and accrued liabilities 413,430 (79,272) Increase in due to affiliates 489,221 793,452 (Decrease) increase in grants payable (664,498) 586,888 Total adjustments (11,962,825) (5,865,545) Net cash (used in) provided by operating activities (3,446,877) 9,879,819

Cash flows from investing activities Purchases of investments (13,947,143) (13,883,810) Proceeds from sale of investments 13,229,723 10,961,750 Purchases of property and equipment (52,546) (1,123,959) Proceeds from sale of land 272,452 — Net cash used in investing activities (497,514) (4,046,019)

Cash flows from financing activities Proceeds from contributions restricted for: Investment in endowment 2,000,437 1,853,172 Investments subject to annuity agreements 99,185 109,315 Proceeds from split interest agreements 84,176 105,144 Payments on annuity obligations (168,755) (178,906) Net cash provided by financing activities 2,015,043 1,888,725

Net (decrease) increase in cash and cash equivalents (1,929,348) 7,722,525 Cash and cash equivalents, at beginning of year 20,887,804 13,165,279 Cash and cash equivalents, at end of year $ 18,958,456 $ 20,887,804

THE ACCOMPANYING NOTES ARE AN INTEGRAL PART OF THESE FINANCIAL STATEMENTS. 27 1. Nature Of Activities and Significant CASH AND CASH EQUIVALENTS The Foundation considers all highly liquid investments Accounting Policies purchased with a maturity of three months or less at the date The NRA Foundation, Inc. (the Foundation) is a non-profit of purchase to be cash equivalents. STATEMENTS organization incorporated in 1990 under the laws of the District of Columbia. The Foundation is organized to be CONCENTRATION OF CREDIT RISK operated exclusively in support of charitable, scientific The Foundation maintains a cash balance in excess of and educational purposes. The Foundation is supported federally insured limits in an interest bearing account. The primarily by Friends of NRA (FONRA) fundraising events Foundation’s policy is to deposit funds only in financially and other charitable contributions. sound institutions. Nevertheless, these deposits are subject to some degree of credit risk. Investments are maintained BASIS OF PRESENTATION in financial institutions. Accounts receivable primarily The financial statements of the Foundation have been represent funds due to the Foundation for contributions FINANCIAL prepared on the accrual basis and in conformity with and from FONRA events and committees, and are not accounting principles generally accepted in the United States collateralized. of America which requires management to make estimates The Foundation invests in a professionally managed and assumptions that affect the reported amounts of assets portfolio that primarily contains money market funds, and liabilities as of the date of the financial statements and equity securities, and fixed income securities. Such the reported amount of revenue and other support and investments are exposed to various risks, such as market expenses during the reporting period. Actual results could and credit. Due to the level of risk associated with such differ from those estimates. investments, and the level of uncertainty related to changes Certain amounts from the prior year have been in value of such investments, it is at least reasonably possible reclassified to conform with the current year presentation. that changes in risk in the near term would materially These reclassifications had no effect on previously reported affect investment balances and the amounts reported in the net assets or change in net assets. financial statements.

INVESTMENTS CLASSIFICATION OF NET ASSETS To identify the observance of limitations and restrictions Investments consist primarily of money market funds, placed on the use of the resources available to the equity securities, and fixed income securities which are Foundation, the accounts of the Foundation are maintained carried at fair value, as determined by an independent in three separate classes of net assets; unrestricted, market valuation service using the closing prices at the temporarily restricted, and permanently restricted, based on end of the period. In calculating realized gains and losses, the existence or absence of donor-imposed restrictions. the cost of securities sold is determined by the specific- identification method. To adjust the carrying value of the Unrestricted net assets represent resources that are investments, the change in fair value is included in revenue not restricted, either temporarily or permanently, by and other support in the statement of activities. donor-imposed stipulations. They are available for support of the Foundation’s general operations. PLEDGES AND CONTRIBUTIONS RECEIVABLE Temporarily restricted net assets represent contributions and other inflows of assets whose use Pledges and contributions receivable consist of irrevocable by the Foundation is limited by donor-imposed and measurable bequest proceeds due to the Foundation stipulations. These restrictions are temporary in that and donor promises to give in future periods, usually over they either expire by passage of time or can be fulfilled a period of one to ten years. Pledges due in more than and removed by actions of the Foundation pursuant to one year are recorded at the present value of estimated those stipulations. cash flows, and for the years ended December 31, 2014 and 2013, have been discounted by rates ranging from Permanently restricted net assets represent 0.6% to 2.6% and 0.6% to 5.0%, respectively. An allowance endowment contributions and other inflows of assets for uncollectible pledges and contributions receivable whose use by the Foundation is limited by donor- is provided based upon management’s judgment of imposed stipulations that neither expire by passage of potential defaults. time nor can be fulfilled and removed by actions of the Foundation pursuant to those stipulations. 28 ACCOUNTS RECEIVABLE or remaining trust assets upon termination of the trust. Split Accounts receivable consist of start-up funds and current interest agreements are recorded as an asset based on the year event proceeds due from FONRA committees. Start- actuarially computed value as of the end of each year. The up funds are advanced to each new FONRA committee difference between the amount received for the agreement and are returned to the Foundation only upon dissolution and its actuarially computed value is recorded as revenue. of the committee. Split interest agreements due in more than one year have been recorded at the present value of estimated cash flows. For the years ended December 31, 2014 and 2013, the INVENTORY discount rate applied ranged from 2.5% to 8.0% and 3.7% to Inventory consists primarily of artwork, shooting sports, 8.0%, and incorporated future life expectancies of 0 and 23 and hunting supplies to be utilized at FONRA fundraising for the year ended December 31, 2014 and 0 and 24 for the events. Inventory is stated at the lower of cost or market, year ended December 31, 2013. with cost determined using the first-in, first-out method. Adjustments are made to reduce the inventory to net ANNUITIES PAYABLE realizable value in the case of obsolescence. Donors have established and funded gift annuity contracts. Under terms of the contracts, the Foundation has the LAND irrevocable right to receive the remaining contract assets Land is stated at cost for purchased land and appraised value upon termination of the contract. Annuity contracts are for donated land at the time of donation. Provisions are recorded as a liability based on the actuarially computed made to reduce land to net realizable value. value at the time of gift. The difference between the amount received for the contract and its actuarially computed value PROPERTY AND EQUIPMENT is recorded as revenue. For both the years ended December 31, 2014 and 2013, the discount rate applied ranged from Property and equipment are stated at cost, less accumulated 1.2% to 3.4%. depreciation. Expenditures for maintenance and repairs, which do not prolong the useful lives of the assets, are expensed. Depreciation is computed on the straight-line REVENUE RECOGNITION method over the assets’ estimated useful lives. Building Contributions, whether unrestricted or restricted, are improvements are depreciated over useful lives of 20 years, recognized as revenue upon notification of the gift or other property and equipment is depreciated over two to pledge and classified in the appropriate net asset category. 10 years. The Foundation capitalizes complete desktop and Proceeds from FONRA fundraising events, net of direct laptop computers greater than $500 and all other fixed assets benefit expenses paid by the FONRA event committees, greater than $1,500. are recorded in the period in which the event occurs. One half of the net proceeds from FONRA events are restricted MUSEUM COLLECTIONS for use by the FONRA State Fund committee in which the event was held. These proceeds may be temporarily The Foundation has capitalized its museum collections, or permanently restricted. Temporarily restricted consisting principally of donated firearms, since its proceeds become unrestricted when qualifying expenses inception. If purchased, items accessioned into the have been incurred. collection are capitalized at cost, and if donated they are capitalized at their appraised value or fair value on the accession date. Gains or losses on the deaccession of OUTSTANDING LEGACIES collection items are classified in the statements of activities The Foundation is the beneficiary under various wills and as unrestricted, temporarily or permanently restricted trust agreements, the total realizable amounts of which support depending on donor restriction, if any, placed on are not presently determinable. The Foundation’s share the item at the time of accession. Provisions are made to of such amounts is not recorded until the Foundation reduce museum collections to net realizable value. Museum has an irrevocable right to the bequest and the proceeds collections are not depreciated as the Foundation takes are measurable. appropriate measures to perpetually preserve their cultural and historic value. VALUATION OF LONG-LIVED ASSETS SPLIT INTEREST AGREEMENTS Long-lived assets and certain identifiable intangible assets The Foundation is the beneficiary under several split are reviewed for impairment whenever events or changes interest agreements in the form of charitable lead trust and in circumstances indicate that the carrying amount of an charitable remainder unitrust agreements. Under terms of asset may not be recoverable. Recoverability of long-lived the agreements, the Foundation has the irrevocable right to assets is measured by a comparison of the carrying amount receive the annual payments during the life of the trust and/ of the asset to future undiscounted net cash flows expected 29 to be generated by the asset. If such assets are considered to SUBSEQUENT EVENTS be impaired, the impairment to be recognized is measured The Foundation evaluated subsequent events through by the amount by which the carrying amount of the assets March 10, 2015, which is the date the financial statements exceeds the estimated fair value of the assets. Assets to were available to be issued.

STATEMENTS be disposed of are reportable at the lower of the carrying amount or fair value, less cost to sell. 2. Investments FUNCTIONAL ALLOCATION Investments, at fair value, as of December 31, 2014 and 2013 OF EXPENSES consisted of the following: The costs of providing program services and supporting activities have been accounted for on a functional basis in 2014 2013 the statements of activities. Accordingly, certain costs have been allocated among program services, administrative, and Money market $ 1,253,129 $ 1,143,833 Equity securities 43,773,017 43,564,984 FINANCIAL fundraising expenses. Fixed income securities 14,970,219 12,757,856 Total $ 59,996,365 $ 57,466,673 GRANT PROGRAM EXPENSE Grants are recorded as program expense in the year in Investment income for the years ended December 31, 2014 which the Foundation’s Board of Trustees approves the and 2013 included the following: expenditure. The Foundation supports a wide range of firearms-related public interest activities, including youth 2014 2013 education, range development and improvements, wildlife and natural resource conservation, and firearm training, Realized gain, net $ 272,570 $ 151,000 education and safety programs. Unrealized gain, net 1,496,045 6,022,491 Dividends and interest 1,664,575 1,131,671 Total $ 3,433,190 $ 7,305,162 TAX STATUS 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. 3. Pledges and Contributions Receivable The Foundation follows the accounting standard on At December 31, 2014 and 2013, donors to the Foundation accounting for uncertainty in income taxes, which addresses have unconditionally promised to give amounts as follows: the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded 2014 2013 in the financial statements. Under this guidance, the Foundation may recognize the tax benefit from an uncertain Within one year $ 2,545,197 $ 1,103,138 tax position only if it is more-likely-than-not that the One to five years 2,062,783 276,699 tax position will be sustained on examination by taxing More than five years 177,575 41,875 authorities, based on the technical merits of the position. 4,785,555 1,421,711 The tax benefits recognized in the financial statements from Less: discount on such a position are measured based on the largest benefit pledges receivable (27,379) (6,121) that has a greater than 50% likelihood of being realized 4,758,176 1,415,590 upon ultimate settlement. The guidance on accounting for Less: allowance for uncertainty in income taxes also addresses de-recognition, uncollectible pledges (122,000) (84,000) classification, interest and penalties on income taxes, and accounting in interim periods. Total $ 4,636,176 $ 1,331,591 Management evaluated the Foundation’s tax positions and concluded that the Foundation had taken no uncertain Estate proceeds bequeathed and due to the Foundation tax positions that require adjustment to the financial in the amount of $853,626 and $662,227 were included statements to comply with the provisions of this guidance. in contributions receivable at December 31, 2014 Generally, the Foundation is no longer subject to income and 2013, respectively. tax examinations by the U.S. federal, state or local tax authorities for years before 2011, which is the standard 30 statute of limitations look-back period. 4. Property and Equipment Level 2: Inputs other than quoted prices within Level 1 that are observable for the asset or liability, either Property and equipment as of December 31, 2014 and directly or indirectly; and fair value is determined 2013 consist of: through the use of models or other valuation 2014 2013 methodologies. Investments which are generally included in this category include corporate bonds and Buildings and loans, less liquid and restricted equity securities and improvements $ 777,206 $ 745,464 certain over-the-counter derivatives. A significant Furniture, fixtures and equipment 631,286 610,482 adjustment to a Level 2 input could result in the Level 2 measurement becoming a Level 3 measurement. 1,408,492 1,355,946 Less: accumulated Level 3: Inputs are unobservable for the asset or depreciation 256,713 140,448 liability and include situations where there is little, if $ 1,151,779 $ 1,215,498 any, market activity for the asset or liability. The inputs into the determination of fair value are based upon Depreciation expense for the years ended December 31, the best information in the circumstances and may 2014 and 2013 was $116,265 and $35,766, respectively. require significant management judgment or estimation. Investments that are included in this category generally include equity and debt positions in private companies 5. Credit Agreement and general and limited Foundation interests in private investment funds, real estate funds, debt funds and The Foundation maintains a $2,000,000 collateralized line distressed debt. of credit agreement with a bank, which expires September In certain cases, the inputs used to measure fair value may 30, 2015. The agreement was secured by cash and securities fall into different levels of the fair value hierarchy. In such totaling $4,033,360 and $3,838,960 at December 31, 2014 cases, an investment’s level within the fair value hierarchy and 2013, respectively. Under the terms of this agreement, is based on the lowest level of input that is significant to the Foundation makes monthly interest payments on the the fair value measurement. The Foundation’s assessment daily outstanding principal at a variable rate based on the of the significance of a particular input to the fair value 30-day LIBOR rate, plus 0.70%. At December 31, 2014 measurement in its entirety requires judgment, and and 2013, no amounts were outstanding under the line considers factors specific to the investment. of credit agreement. In determining the appropriate levels, the Foundation performs a detailed analysis of the assets and liabilities that are subject to fair value measurements. At each reporting 6. Fair Value Measurements period, all assets and liabilities for which the fair value The Foundation follows the Codification Topic, Fair measurement is based on significant unobservable inputs Value Measurement, which defines fair value as the price are classified as Level 3. that would be received to sell an asset or paid to transfer The estimated fair values of the Foundation’s short-term a liability in an orderly transaction between market financial instruments, including cash and equivalents, participants at the measurement date and sets out a fair and payables arising in the ordinary course of operations, value hierarchy. The fair value hierarchy gives the highest approximate their individual carrying amounts due to the priority to quoted prices in active markets for identical relatively short period of time between their origination and assets or liabilities (Level 1) and the lowest priority to expected realization. unobservable inputs (Level 3). Inputs are broadly defined as assumptions market participants would use in pricing an asset or liability. The three levels of the fair value hierarchy are described below: Level 1: Unadjusted quoted prices in active markets for identical assets or liabilities that the reporting entity has the ability to access at the measurement date. The type of investments included in Level 1 include listed equities and listed derivatives. As required by the Codification, the Foundation does not adjust the quoted price for these investments, even in situations where the Foundation holds a large position and a sale could reasonably impact the quoted price. 31 The table below presents the balances of assets measured at fair value on a recurring basis by level within the hierarchy.

As of December 31, 2014 STATEMENTS Assets Total Level 1 Level 2 Level 3 Available-for-sale equity securities: Multi-strategy stock funds $ 42,508,407 $ 42,508,407 $ — $ — Stock funds - commodities 1,264,610 1,264,610 — — Total available-for-sale equity securities 43,773,017 43,773,017 — —

Available-for-sale fixed income securities: Corporate bonds(a) 4,855,807 4,855,807 — —

FINANCIAL U.S. Treasury & agency 3,455,434 3,455,434 — — Multi-strategy bond funds 6,295,881 6,295,881 — — Mortgage obligations 311,959 311,959 — — Municipal bonds 51,138 51,138 — — Total available-for-sale fixed income securities 14,970,219 14,970,219 — —

Money market 1,253,129 1,253,129 — — Total investments 59,996,365 59,996,365 — — Split interest agreements 1,047,224 — — 1,047,224 Total assets $ 61,043,589 $ 59,996,365 $ — $ 1,047,224

(a) Based on its analysis of the nature and risk of these investments, the Foundation has determined that presenting them as a single class is appropriate.

As of December 31, 2013

Assets Total Level 1 Level 2 Level 3 Available-for-sale equity securities: Multi-strategy stock funds $ 42,244,983 $ 42,244,983 $ — $ — Stock funds - commodities 1,320,001 1,320,001 — — Total available-for-sale equity securities 43,564,984 43,564,984 — —

Available-for-sale fixed income securities: Corporate bonds(a) 4,271,973 4,271,973 — — U.S. Treasury & agency 3,460,513 3,460,513 — — Multi-strategy bond funds 4,598,202 4,598,202 — — Mortgage obligations 382,352 382,352 — — Municipal bonds 44,816 44,816 — — Total available-for-sale fixed income securities 12,757,856 12,757,856 — —

Money market 1,143,833 1,143,833 — — Total investments 57,466,673 57,466,673 — — Split interest agreements 930,619 — — 930,619 Total assets $ 58,397,292 $ 57,466,673 $ — $ 930,619

(a) Based on its analysis of the nature and risk of these investments, the Foundation has determined that presenting them as a single class is appropriate. 32 Money market funds, equity and fixed income securities are The Foundation follows the Codification subtopic classified as Level 1 instruments, as they are actively traded Reporting endowment funds. The Codification addresses on public exchanges. accounting issues related to guidelines in the Uniform Split interest agreements are classified as Level 3 Prudent Management of Institutional Funds Act of 2006 instruments, as there is no market for the Foundation’s (UPMIFA), which was adopted by the National Conferences interest in the trusts. Further, the Foundation’s asset is the of Commissioners on Uniform State Laws in July 2006 right to receive cash flows from the trusts, not the assets and enacted in the Commonwealth of Virginia on July 1, of the trusts themselves. Although the trust assets may be 2008 and in the District of Columbia on January 23, 2008. investments for which quoted prices in an active market are The Foundation includes all permanently restricted funds available, the Foundation does not control those investments. and temporarily restricted quasi-endowment funds in its For assets and liabilities measured at fair value on a endowments. The Management of the Foundation has recurring basis using significant unobservable inputs (Level interpreted UPMIFA as requiring the preservation of the 3), Fair Value Measurement requires reconciliation of the fair value of original donor-restricted endowment gifts as of beginning and ending balances, separately for each major the date of the gift absent explicit donor stipulations to the category of assets and liabilities, except for derivative assets contrary. As a result of this interpretation, the Foundation and liabilities, which may be presented net. The table below classifies as permanently restricted net assets (a) the original represents the reconciliation of the Foundation’s assets value of cash gifts donated to permanent endowment, (b) measured at fair value on a recurring basis using significant the discounted value of future gifts promised to permanent unobservable inputs: endowment, net of allowance for uncollectible pledges, and (c) the fair value of non-cash gifts received whereby 2014 2013 the proceeds of any future sale are donor-restricted to permanent endowment. The remaining portion of donor- Split interest agreements, restricted endowment funds not classified in permanently beginning of year $ 930,619 $ 966,731 restricted net assets is classified as temporarily restricted net Contributions 92,115 — assets until those amounts are appropriated for expenditure Distributions received (84,176) (105,144) by the Foundation in a manner consistent with the standard Change in value 108,666 69,032 of prudence prescribed by UPMIFA. In accordance with Split interest agreements, UPMIFA, the Foundation considers the following factors end of year $ 1,047,224 $ 930,619 in making a determination to appropriate or accumulate donor-restricted endowment funds:

n The duration and preservation of the fund

7. Temporarily and Permanently n The purposes of the Foundation and donor- Restricted Net Assets restricted endowment fund

Temporarily restricted net assets are available for the n General economic conditions following purposes: n The possible effect of inflation and deflation 2014 2013 n The expected total return from income and the Program grants $ 35,317,649 $ 31,709,320 appreciation of investments Other, passage of time 1,802,810 1,894,698 Total $ 37,120,459 $ 33,604,018 n Other resources of the Foundation n The investment policies of the Foundation Income from the following permanently restricted net assets is expendable to support program grants in those respective The Foundation has adopted investment and spending areas: policies for endowment assets that attempt to provide a predictable stream of funding to the programs supported 2014 2013 by its endowment while seeking to maintain purchasing power of the endowment assets. The investment policy of National Firearms Museum $ 30,260,396 $ 29,808,969 the Foundation is to achieve, at a minimum, a real (inflation Youth education 5,636,743 5,452,380 adjusted) total net return that exceeds spending policy Hunting & requirements. Investments are diversified both by asset class wildlife conservation 5,126,707 2,478,644 and within asset classes. The purpose of diversification is Firearms & to minimize unsystematic risk and to provide reasonable marksmanship training 2,867,560 2,858,828 assurance that no single security or class of securities will Other programs 16,658,730 15,721,579 have a disproportionate impact on the total portfolio. The Total $ 60,550,136 $ 56,320,400 amount appropriated for expenditure ranges from 1% to 33 5% of the endowment fund’s fair value as of the end of the preceding year, as long as the value of the endowment does not drop below the original contribution(s). All earnings of the endowment are reflected as temporarily restricted net assets until appropriated for expenditure in the form of program grants. The Foundation’s endowments are composed solely of donor restricted funds. The changes in endowment net assets for the

STATEMENTS years ended December 31, 2014 and 2013 are as follows:

As of December 31, 2014

Temporarily Permanently Unrestricted Restricted Restricted Total

Endowment net assets, beginning of year $ (2,185) $ 10,232,024 $ 56,320,400 $ 66,550,239 Interest and dividends, net — 1,407,893 19,221 1,427,114 Net appreciation — 1,419,525 55,636 1,475,161 FINANCIAL Contributions — — 4,155,216 4,155,216 Amount appropriated for expenditure — (1,889,804) — (1,889,804) Other changes 337 — (337) — Endowment net assets, end of year $ (1,848) $ 11,169,638 $ 60,550,136 $ 71,717,926

As of December 31, 2013

Temporarily Permanently Unrestricted Restricted Restricted Total

Endowment net assets, beginning of year $ (26,499) $ 5,960,334 $ 55,289,066 $ 61,222,901 Interest and dividends, net — 1,078,036 20,474 1,098,510 Net appreciation — 4,836,959 184,888 5,021,847 Contributions — 234 850,286 850,520 Amount appropriated for expenditure — (1,643,539) — (1,643,539) Other changes 24,314 — (24,314) — Endowment net assets, end of year $ (2,185) $ 10,232,024 $ 56,320,400 $ 66,550,239

The related assets are included in investments, museum 8. Operating Leases collections and pledges and contributions receivable. From time to time, the fair value of assets associated The Foundation leases warehouse space and equipment with individual donor-restricted endowment funds may under operating leases, cancelable with one year’s notice, fall below the level that the donor or UPMIFA requires the with terms expiring through 2016. The annual minimum Foundation to retain as a fund of perpetual duration. In payments related to these obligations as of December 31, accordance with accounting principles generally accepted 2014 are as follows: in the United States, deficiencies of this nature that are reported in unrestricted net assets as of December 31, 2015 $ 186,150 2014 and 2013, were $1,848 and $2,185, respectively. The 2016 186,150 deficiencies in the donor-restricted endowment funds at Total $ 372,300 December 31, 2014 and 2013, resulted from unfavorable market fluctuations and the continued appropriation Total lease expense for each of the years ended December of endowment assets, which was deemed prudent 31, 2014 and 2013 was $186,150. by the Foundation. 34 9. Related Parties The Foundation funded certain qualified NRA programs with grants totaling $17,299,188 and $13,044,170 for the The Foundation is affiliated with the NRA by virtue of the years ended December 31, 2014 and 2013, respectively. control vested with the NRA’s Board of Directors to appoint Endowment contributions and gift annuities benefiting the Trustees of the Foundation. The Foundation has received NRA Civil Rights Defense Fund, NRA Freedom Action certain benefits from this affiliation at no cost, among Foundation, and NRA Special Contribution Fund are which are the use of office space and other administrative pooled with Foundation investments. and support services. Management has determined that the fair value of these benefits is minimal, and accordingly, no The following amounts were due to affiliates at amounts are reflected in these financial statements. December 31: The Foundation reimburses the NRA for certain expenses, such as salaries, benefits and general operating 2014 2013 expenses, paid by the NRA on the Foundation’s behalf. These expenses totaled $5,959,570 and $5,369,792 for the National Rifle Association $ 1,630,990 $ 1,213,778 years ended December 31, 2014 and 2013, respectively. As NRA Civil Rights of December 31, 2014 and 2013, $1,630,990 and $1,213,778, Defense Fund 1,435,398 1,401,072 respectively, was owed to the NRA and included in due to NRA Freedom Action affiliates for reimbursements and pass through funds still Foundation 109,781 110,500 NRA Special held by the Foundation. Contribution Fund 1,111,569 1,073,167 Total $ 4,287,738 $ 3,798,517

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