Donate To The NRA Foundation And Receive Tax Savings Next Year

by
posted on November 3, 2022
** When you buy products through the links on our site, we may earn a commission that supports NRA's mission to protect, preserve and defend the Second Amendment. **
Nra Foundation Logo F

As the year draws to a close, now is an ideal time to complete gift pledges and make special gifts to The NRA Foundation. By completing charitable gifts by Dec. 31, you can be eligible for additional tax savings next April.

During the final weeks of 2022, make time to discuss your charitable plans with your family and financial advisors. Everyone's circumstances are different, making it important to structure gifts in ways that are most beneficial for you.

Don't forget that gifts of appreciated stocks or bonds or, perhaps, distributions from retirement plans may be your most attractive option. It can be advantageous to "bunch" or combine gifts into a single year, allowing taxpayers to alternate between taking the standard deduction and itemizing.

Remember that if you want to donate appreciated stock, don't hesitate to contact us first. The gains are subject to taxation if you sell the stock and donate cash. The NRA Foundation is a tax-exempt charity, so a direct stock transfer allows you to make a gift without incurring capital gains tax. We will provide transfer instructions, so you can ensure your gift is eligible for tax savings.

Those with an IRA have long been required to withdraw a certain amount (called the required minimum distribution) based on their age. The law requires this withdrawal regardless of need. If you have done this in the past, you know what a taxing experience this can be.

But, you have a choice that will allow you to help The NRA Foundation in a unique way. It is now possible to make charitable gifts directly from your IRA through a qualified charitable distribution. By doing this, you will not pay additional federal income taxes, and you can satisfy all or part of your required minimum distribution withdrawal. IRA QCDs may be an attractive option for those over 70½.

Contact your IRA administrator for the forms necessary to make your gift. It may be possible to write a check directly from your IRA account. Don't hesitate to get in touch with the NRA Office of Advancement to inquire if you have any questions about making a tax-favored gift directly from your IRA. That office can be reached at (877) 672-4483 or [email protected].

Please know that we sincerely appreciate every gift—and every donor. Do not hesitate to ask us if you have any questions about a gift you are considering. If you would like to make a gift now, click here or mail your contribution to:

The NRA Foundation
11250 Waples Mill Road
Fairfax, VA 22030

Latest

Stuart 45 Pistol Pre War Manuevers Web Main
Stuart 45 Pistol Pre War Manuevers Web Main

Guns Of The U.S. Tankers In World War II

Since the end of World War II, debates have raged about the effectiveness of American armored fighting vehicles in that conflict. Despite all the Monday morning armored quarterbacking, American AFVs were war-winners, driven to victory by some the finest fighting men our nation has ever produced.

MidwayUSA Foundation Awards Over $14 Million In Cash Grants In 2025

In honor of National Shooting Sports Month—held annually in August—along with the growing popularity of the sport with new participants, MidwayUSA Foundation announced it has distributed more than $14.2 million in cash grants to support youth shooting sports in 2025.

Making The KelTec PR57 In Wyoming

To make its PR57 handgun, KelTec invested in an entirely new manufacturing facility located in Rock Springs, Wyo. "American Rifleman Television" headed out for an inside look at the company's efficient production process.

Taurus 66 Combat: A New "Fighting Revolver"

First introduced in the 1970s, the Taurus 66 Combat is a medium-frame revolver that has seen several evolutions in its lifetime, and the latest update creates what the company considers "the final word in fighting revolvers."

Review: Taurus GX2

From cars to cellphones, as a product gets more sophisticated, it usually also gets more expensive. And, as modern handguns get more modular and optic-ready, their prices tend to go up.

Rifleman Q&A: A Garand Puzzlement

"We are a father-and-son NRA member tandem in search of an answer regarding the branding of an M1 Garand rifle. We own an M1 rifle that has markings indicating it was a “lend lease to England,” and it also has a .308 barrel/sleeve."

Interests



Get the best of American Rifleman delivered to your inbox.