NRA Settles Misuse of Funds Lawsuit with D.C. Attorney General, Agrees to Reform
The settlement mandates significant operational reforms for the NRA Foundation, aiming to ensure future compliance and transparency.
- The NRA Foundation has settled a lawsuit with the D.C. Attorney General, accused of misusing millions in donations.
- Under the settlement, the NRA Foundation will enforce stricter oversight and separate its operations from the NRA to prevent future misuse.
- The agreement includes mandatory nonprofit compliance training and the establishment of an audit committee.
- No financial penalties were included in the settlement, but the reforms are designed to restore public trust in the NRA's charitable arm.
- The settlement follows a series of legal challenges for the NRA, including a recent trial in New York where top executives were found liable for financial misconduct.