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NRA Dumps New York to Reincorporate in Texas, Announces New Strategic Plan
NRA Letter ^ | Wayne LaPierre

Posted on 01/15/2021 6:33:54 PM PST by Wish2Post

Dear NRA Members & Supporters:

Today, the NRA announced a restructuring plan that positions us for the long-term and ensures our continued success as the nation’s leading advocate for constitutional freedom – free from the toxic political environment of New York.

The plan can be summed up quite simply: We are DUMPING New York, and we are pursuing plans to reincorporate the NRA in Texas.

To facilitate the strategic plan and restructuring, the NRA and one of its subsidiaries filed voluntary chapter 11 petitions in the United States Bankruptcy Court for the Northern District of Texas, Dallas Division. As you may know, chapter 11 proceedings are often utilized by businesses, nonprofits and organizations of all kinds to streamline legal and financial affairs.

Under the plan, the NRA will continue what we’ve always done – confronting anti-gun, anti-self-defense and anti-hunting activities and promoting constitutional advocacy that helps law-abiding Americans. Our work will continue as it always has. No major changes are expected to the NRA’s operations or workforce. Importantly, our plans do not impact your membership at any level.

NRA supporters will continue to enjoy all their full member benefits – from new members to Life Members to Benefactor Members. We will continue to publish and deliver your magazines. We will continue to train Americans and teach them firearm safety. We will continue to teach hunter safety. But most importantly, we will continue to fight for your freedom and the freedom of all Americans – as we have for all these years. In fact, we are expanding our national platform. The plan aims to streamline costs and expenses, proceed with pending litigation in a coordinated and structured manner, and realize many financial and strategic advantages.

You know that our opponents will try to seize upon this news and distort the truth. Don’t believe what you read from our enemies. The NRA is not “bankrupt” or “going out of business.” The NRA is not insolvent. We are as financially strong as we have been in years.

But they know today’s announcement makes us bigger, stronger and more prepared for the fight for freedom. We are leaving the state of an attorney general who, just a few months ago, vowed to put us out of business through an abuse of legal and regulatory power. In fact, the gross overreach of the New York Attorney General and New York Governor has been resoundingly criticized by powerful national groups like the ACLU and a host of prominent legal scholars.

Subject to court approval, the NRA is pursuing plans to reincorporate in the State of Texas. The Lone Star State is home to more than 400,000 NRA Members and the site of our 2021 Annual Meeting being held in Houston. Texas values the contributions of the NRA, celebrates our law-abiding members, and joins us as a partner in upholding constitutional freedom.

Under this plan, we seek protection from New York officials who illegally abused and weaponized the powers they wield against the NRA and its members. You can be assured the Association will continue the fight to protect your interests in New York – and all forums where the NRA is unlawfully singled out for its Second Amendment advocacy.

This plan represents a pathway to opportunity, growth and progress.

This is the most transformational moment in the history of the NRA. And it involves all of you.

The NRA will continue to promote its Second Amendment advocacy, sponsor firearms training, and work with its network of instructors and volunteers in furtherance of its mission. This plan actually streamlines all of the NRA’s activities and improves our operational processes.

I know we have welcomed many of you to our headquarters in Fairfax, Virginia. We have no immediate plans to relocate, but we are forming a special committee to explore our strategic options in this regard. We want to determine if there are advantages to relocating our HQ operations to another state. I have asked our leadership team to explore all options that benefit the NRA and its members.

What’s most important is leading the fight for Second Amendment freedom and serving our members. We will do that from anywhere that works best for you and for our cause.

All membership dues and financial donations will be fully dedicated to supporting our operations and public advocacy. This plan actually improves our business. It protects us from costly, distracting and unprincipled attacks from anti-2A politicians aimed at attacking the NRA because we are a potent political force. We know that the gun ban lobby will never stop – fueled by a hatred of your freedoms and by wealthy benefactors. Our plan is the best way to confront them.

We are now prepared for a better future. In fact, to me, it feels like the dawn of a new day.

We are revitalized, well-positioned, and steadfast in our commitment to fight for you. To learn more, please visit www.nra.org/forward.

Thank you for your unwavering spirit and being part of the NRA’s future. Both hold incredible promise for our country – and the freedoms in which it believes. Wayne LaPierre, NRA CEO & EVP

Questions & Answers What did the NRA announce?

This is a transformational moment for the NRA. We announced a new strategic plan called Project Freedom.

The NRA’s new strategic plan involves pursuing reincorporating the Association from the State of New York to the State of Texas – home to more than 400,000 NRA members and site of the 2021 NRA Annual Meeting being held in Houston.

The NRA’s restructuring plan also aims to help the NRA streamline costs and expenses, proceed with pending litigation in a coordinated and structured manner, and realize many financial and strategic advantages.

The restructuring plan positions our organization for the future – and ensures our continued success as the nation’s leading advocate for constitutional freedom.

Is the NRA going “bankrupt?”

No. In fact, this move comes at a time when the NRA is in its strongest financial condition in years.

To facilitate its reorganization, the NRA and one of its subsidiaries filed voluntary chapter 11 petitions in the United States Bankruptcy Court for the Northern District of Texas, Dallas Division. The NRA is not insolvent.

We expect no impacts to NRA programming.

Nothing is more important to the NRA than protecting the Second Amendment rights of our law-abiding members. We will be as effective as ever in advocating for your rights, promoting firearms education and training, and engaging in public endeavors.

What happens to my NRA membership?

Nothing. Your membership remains intact.

NRA supporters will continue to enjoy all their full member benefits – from new members to Life Members to Benefactor Members. We will continue to publish and deliver your magazines. We will continue to train Americans and teach them firearms safety. We will continue to teach hunter safety.

But most importantly, we will continue to fight for your freedom as we have for all these years. In fact, we are expanding our national platform.

Can people still join the NRA – and why should they?

Absolutely! There could not be a more exciting time to join the NRA. We are expanding our national platform, and our future is bright and secure. We invite all law-abiding gun owners and all Americans to be part of it.

By filing for chapter 11, is the NRA admitting it mismanaged donor funds?

Not at all. We have utilized all donor contributions in furtherance of the NRA’s mission. This action is necessitated primarily by one thing: the unhinged and political attack against the NRA by the New York Attorney General.

A restructuring plan is a proven mechanism for streamlining legal and business affairs. All membership fees and donations will continue to be used in furtherance of our Second Amendment advocacy.

Can you guarantee member donations will be used to protect our Second Amendment rights?

All donations are used for the purpose of advancing the NRA’s mission, period.

Should I donate to the NRA during the chapter 11 process, or should I wait until the Association emerges from the restructuring process?

We need your support now – as we confront a Biden Administration that has vowed to attack your Second Amendment freedoms. All donations are used in furtherance of our mission.

Will there be impacts to endowed funds?

No. Endowed funds will still be used to support the NRA’s core mission: protecting the Second Amendment.

When will the restructuring process be completed?

This process begins immediately. The NRA is expected to emerge from these proceedings within the next six months. What can I do to support the NRA?

Join today. Promote our cause. Get fully engaged. We must continue to win the fight for constitutional freedom.

Wayne LaPierre, NRA CEO & EVP


TOPICS: Business/Economy; News/Current Events
KEYWORDS: 1moretime; didyousearch; lookbeforepost; nationalrifleassoc; nra; restructuring; searchfeature; texas
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I received this in an email from the NRA.
1 posted on 01/15/2021 6:33:54 PM PST by Wish2Post
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To: Wish2Post

When seconds count, the NRA is only lawyers away.


2 posted on 01/15/2021 6:37:39 PM PST by PGalt
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To: Wish2Post

I for one welcome incoming NRA director Ted Nugent! Wait, what?


3 posted on 01/15/2021 6:39:11 PM PST by broken_clock (Go Trump!)
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To: Wish2Post

Wow. I guess Wayne will need some new suits for the hot Texas weather?

Will $200,000 cover it? The board can give him more you know because suits are really expensive and hard to afford for a person making over a million bucks a year and all those “expense accounts and travel expenses” might not cover the threads.

Got to have those nice suits to protect the 2nd Amendment, ya know?


4 posted on 01/15/2021 6:40:17 PM PST by volunbeer (Find the truth and accept it - anything else is delusional)
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To: Wish2Post

“No major changes are expected to the NRA’s operations or workforce.”

That’s a problem.

L


5 posted on 01/15/2021 6:42:18 PM PST by Lurker (Peaceful coexistence with the Left is not possible. Stop pretending that it is. )
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To: volunbeer

Careful where you get information.


6 posted on 01/15/2021 6:46:41 PM PST by sasquatch
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To: Wish2Post

Not quite sure I understand the implication here. Is New York where they are incorporated? I thought they were headquartered in Chantilley Virginia. Is this just a paper move?


7 posted on 01/15/2021 6:50:09 PM PST by Magnum44 (...against all enemies, foreign and domestic...)
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To: Wish2Post

If you give us money everything in your life will be OK and the evil enemy will go away.


8 posted on 01/15/2021 6:51:22 PM PST by semimojo
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To: volunbeer
Wayne needs to start shopping at Men's Wearhouse and give me one of those gun sweepstakes prizes I keep entering for..........although I do look forward to my renewal gift and monthly copy of American Rifleman.
9 posted on 01/15/2021 6:55:40 PM PST by Viking2002 (The revolution won't need to be televised. It'll be on your doorstep.)
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To: semimojo

At the bottom of the NRA email were the following questions and answers. I did not include it with the original above — too much. These Q&A’s may address some of FR’s Q&A’s.

So here it is now:

Questions & Answers
What did the NRA announce?

This is a transformational moment for the NRA. We announced a new strategic plan called Project Freedom.

The NRA’s new strategic plan involves pursuing reincorporating the Association from the State of New York to the State of Texas – home to more than 400,000 NRA members and site of the 2021 NRA Annual Meeting being held in Houston.

The NRA’s restructuring plan also aims to help the NRA streamline costs and expenses, proceed with pending litigation in a coordinated and structured manner, and realize many financial and strategic advantages.

The restructuring plan positions our organization for the future – and ensures our continued success as the nation’s leading advocate for constitutional freedom.

Is the NRA going “bankrupt?”

No. In fact, this move comes at a time when the NRA is in its strongest financial condition in years.

To facilitate its reorganization, the NRA and one of its subsidiaries filed voluntary chapter 11 petitions in the United States Bankruptcy Court for the Northern District of Texas, Dallas Division. The NRA is not insolvent.

We expect no impacts to NRA programming.

Nothing is more important to the NRA than protecting the Second Amendment rights of our law-abiding members. We will be as effective as ever in advocating for your rights, promoting firearms education and training, and engaging in public endeavors.

What happens to my NRA membership?

Nothing. Your membership remains intact.

NRA supporters will continue to enjoy all their full member benefits – from new members to Life Members to Benefactor Members. We will continue to publish and deliver your magazines. We will continue to train Americans and teach them firearms safety. We will continue to teach hunter safety.

But most importantly, we will continue to fight for your freedom as we have for all these years. In fact, we are expanding our national platform.

Can people still join the NRA – and why should they?

Absolutely! There could not be a more exciting time to join the NRA. We are expanding our national platform, and our future is bright and secure. We invite all law-abiding gun owners and all Americans to be part of it.

By filing for chapter 11, is the NRA admitting it mismanaged donor funds?

Not at all. We have utilized all donor contributions in furtherance of the NRA’s mission. This action is necessitated primarily by one thing: the unhinged and political attack against the NRA by the New York Attorney General.

A restructuring plan is a proven mechanism for streamlining legal and business affairs. All membership fees and donations will continue to be used in furtherance of our Second Amendment advocacy.

Can you guarantee member donations will be used to protect our Second Amendment rights?

All donations are used for the purpose of advancing the NRA’s mission, period.

Should I donate to the NRA during the chapter 11 process, or should I wait until the Association emerges from the restructuring process?

We need your support now – as we confront a Biden Administration that has vowed to attack your Second Amendment freedoms. All donations are used in furtherance of our mission.

Will there be impacts to endowed funds?

No. Endowed funds will still be used to support the NRA’s core mission: protecting the Second Amendment.

When will the restructuring process be completed?

This process begins immediately. The NRA is expected to emerge from these proceedings within the next six months.
What can I do to support the NRA?

Join today. Promote our cause. Get fully engaged. We must continue to win the fight for constitutional freedom.


10 posted on 01/15/2021 6:57:00 PM PST by Wish2Post
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To: volunbeer

You sound like a Fudd.


11 posted on 01/15/2021 7:02:23 PM PST by Kickaha (See the glory...of the royal scam )
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To: Kickaha

I have many poor relatives who donate to the NRA like they tithe to church - money that truly impacts their budget. Yeah, I am a little bitter about where that money went. It’s been completely out of control for a long time and my sources are solid and are not based on the leftist media narrative.

Conflating my disdain for the ever increasing salaries and expense accounts for the executive staff of the NRA with the reason for the groups existence would be a mistake.


12 posted on 01/15/2021 7:15:06 PM PST by volunbeer (Find the truth and accept it - anything else is delusional)
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To: Wish2Post

No executive making $500K a year...or making fact finding trips to South Pacific islands.


13 posted on 01/15/2021 7:31:05 PM PST by Gay State Conservative (Trump: "They're After You. I'm Just In The Way")
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To: Magnum44

Their HQ is in NY which is why New York Attorney General Letitia James has the authority to file a lawsuit to dissolve the NRA. Say what you want about the NRA, when it comes time to discuss what gun control legislation is going to look like in the next 4 years, it would be real nice to have them sitting at the table. They have a A LOT of money and influence yet.


14 posted on 01/15/2021 7:38:13 PM PST by RC one (Lying, cheating, deceiving & manipulating are as natural to Democrats as swimming is to fish.)
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To: Wish2Post

Why did they ever stay in NY?


15 posted on 01/15/2021 8:17:31 PM PST by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped)
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To: volunbeer

Actually everything is air conditioned in Texas. I wear long sleeves when I go to restaurants because I get cold, in the summer.


16 posted on 01/15/2021 8:20:13 PM PST by Slyfox (Not my circus, not my monkeys )
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To: Wish2Post

I love the idea of the NRA, which is what its defenders always describe when they are faced with the disturbing truth of what it really is. And dear friends it is not the man’s suits! Why we would gladly dress him like a pentecostal televangelist if he would fight for our rights.

Wayne LaPierre must go.


17 posted on 01/15/2021 8:34:25 PM PST by BDParrish (God called, He said He'd take you back!)
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To: Wish2Post

Most of those of us commenting from Republican states like and understand the NRA. I’ve noticed that quite a few people posting comments from blue states don’t like the NRA at all.

The NRA has an enormous number of organizations, businesses, governments, billionaires and other individuals arrayed against it. It is effectively our only organizational protection from violations of our Second Amendment and does a super job. There are very few people on the planet who can do that particular specialized work and do it so well.

I’ll pay for the best for that. Top officers/executives of other organizations and global corporations receive no less for far less effort and experience in return.

If the NRA weren’t so effective and worth our support, the leftists of so many countries would not treat the NRA as their sole target.


18 posted on 01/15/2021 9:16:48 PM PST by familyop
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To: Wish2Post

“Good. Its been overdue.” ...said me (a life-time member).


19 posted on 01/15/2021 9:25:52 PM PST by ghost.of.patton (May God have mercy on my enemies, because I sure as hell wont. ~GSP)
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To: Wish2Post

12 Shockingly High Nonprofit CEO Salaries
Smartycents
By Kate Wilke on August 29, 2014
https://smartycents.com/articles/nonprofit-ceo-salaries/

“William and Flora Hewlett Foundation

Laurance Hoagland Jr., Chief Investment Officer of the William and Flora Hewlett Foundation earns a hefty salary of $2.5 million. The Hewlett Foundation has a wide range of goals—reducing global poverty, limiting the risk of climate change, advancing education, improving reproductive health rights and supporting local performing arts. (Huffington Post)”


20 posted on 01/15/2021 9:26:55 PM PST by familyop
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