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Posts Tagged non profit
LaPierre Squandered Millions While Neglecting Gun Rights
From Ammoland:
Former CEO of the NRA, Wayne LaPierre, has finally admitted virtually everything that he’s been accused of over the past five years, and a jury has found him liable for padding his own pockets to the tune of $5.5 million.
LaPierre’s hand-picked Treasurer and Chief Financial Officer, Woody Phillips was also found liable for $2 million in personal profit at NRA members’ expense, and the NRA itself (really the NRA’s current Board of Directors) was found to have failed in its fiduciary obligations to shepherd and safeguard the members’ assets. Keep in mind that none of this really takes into account the millions paid to “consultants” with nothing of substance to show for it, or the hundreds of millions spent on lawyers and the losses in membership and revenue over the past five years.
NRA Has More Problems Than Just Wayne LaPierre
From Ammoland:
With Wayne LaPierre’s announced resignation as Executive Vice President and CEO of the National Rifle Association at the end of the month, the NRA Board of Directors has an opportunity to reverse course and revive the flailing organization.
Instead, there’s a move afoot, to keep the lunatics in charge of the asylum by replacing LaPierre with the one person on the Board who has done the most to enable LaPierre’s corruption and to protect him for the past several years – NRA President Charles Cotton.
Anti-Gunners Realize Focusing On The NRA Was The Wrong Tactic
From The Truth About Guns:
Assessing the GOA’s impact and expanded lobbying efforts, the Violence Policy Center’s Rand stressed: “As the NRA has lost its footing, its more extreme members have embraced GOA. The group’s expanding influence can only drive pro-gun positions on legislation even further to the right.”
FTX Scandal Was Actually About Money Laundering For Elections
From The Federalist:
Throughout their investigation, federal prosecutors discovered that SBF unlawfully stole and used FTX customer funds to “make more than $100 million in political campaign contributions before the 2022 U.S. midterm elections.” Central to this scheme were two members of FTX’s “inner circle“: Nishad Singh and Ryan Salame, both of whom acted as “straw donors” to donate money on SBF’s behalf. The ultimate goal, according to a communique authored by Salame, was to “‘weed-out’ anti-crypto Democratic and Republican lawmakers.”
The NRA Saga
From The Truth About Guns:
The National Rifle Association keeps getting itself into trouble by flouting the best practices all nonprofits should follow.
As I often explain to college and graduate students who are learning the basics of nonprofit management, all nonprofit boards of directors should ensure that those groups uphold their missions without wasting money. These students also learn that it’s against the law for nonprofit board members or staff to benefit through the personal use of the group’s assets.
NY AG Attacks NRA Tax Status
From The Hill:
“The Office of New York State Attorney General Letitia James has launched an investigation related to the National Rifle Association (NRA),†Kelly Donnelly, a spokeswoman for the attorney general, said in an email, according to The Associated Press. “As part of this investigation, the Attorney General has issued subpoenas.â€
The Times added that James on Friday instructed the NRA and its affiliated entities to preserve all relevant financial records as part of the probe. The NRA’s charitable foundation was reportedly one of the affiliated entities to receive the instructions.Â
Shooting Sports Rise As Traditional Sports Fall
From Forbes:
Yes, the Second Amendment is making its way toward becoming the Great American Pastime, especially as baseball was among 17 other sports — including football and basketball — out of 24 tracked that have seen youth participation drop over the last five years.
Counterterrorism & Security Education and Research Foundation
Posted by Brian in Threat Watch, Warriors on 22/Feb/2012 13:49
CTSERF is a not-for-profit organization dedicated to understanding all facets of terrorism.