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	<title>Daily Bulletin &#187; NRA Endowment</title>
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		<title>Get a Tax Deduction While Supporting Competitive Shooting</title>
		<link>https://bulletin.accurateshooter.com/2014/04/get-a-tax-deduction-while-supporting-competitive-shooting/</link>
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		<pubDate>Fri, 04 Apr 2014 10:47:49 +0000</pubDate>
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				<category><![CDATA[Competition]]></category>
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		<category><![CDATA[Camp Perry]]></category>
		<category><![CDATA[John Siegler]]></category>
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		<category><![CDATA[NRA Endowment]]></category>
		<category><![CDATA[Tax Deduction]]></category>

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		<description><![CDATA[Here&#8217;s a way you can support competitive shooting, while getting a tax deduction. Donations to the NRA Competitive Shooting &#038; National Championships Endowment can be tax-deductible. Started in 2007 by then NRA President John Siegler, the Endowment provides direct funding for shooting programs, including the NRA National matches at Camp Perry. This is a permanent [&#8230;]]]></description>
				<content:encoded><![CDATA[<p>Here&#8217;s a way you can support competitive shooting, while getting a tax deduction. Donations to the NRA Competitive Shooting &#038; National Championships Endowment</a> can be <strong>tax-deductible</strong>. Started in 2007 by then NRA President John Siegler, the Endowment provides direct funding for shooting programs, including the NRA National matches at Camp Perry. This is a permanent Endowment, with investment income channeled to shooting programs.</p>
<p>According to the <a href="http://www.nrablog.com/post/2013/05/11/NRA-Competitive-Shooting-Endowment-pays-for-awards-fees-and-future.aspx#continue" target="_blank">NRABlog</a>: &#8220;Donations go right into the fund and stay there. They are never touched. 85% of the earnings (or interest) generated by the fund are dispersed to the Competitive Shooting Division for their yearly budget. The other 15% goes back into the principal. <em>By never touching the principal, and reinvesting a portion of the earnings, the endowment will always grow</em>. Simple as that.&#8221;</p>
<p><img src="http://bulletin.accurateshooter.com/wp-content/uploads/2013/05/nraendow01.jpg" alt="NRA Competition Endowment" title="nraendow01" /></p>
<p>You can contribute in one of two ways — as a gift or as a tax-deductible donation. No matter what path you choose, the money still goes towards the overall cost of running the competitions. To make a contribution to the fund, download the <a href="http://www.nrablog.com/file.axd?file=2013%2f5%2fCSE_Flyer_8x11_Color.pdf" target="_blank">Competitive Shooting &#038; National Championships Endowment flyer</a>, fill out the form and send it to:</p>
<p><strong>NRA Treasurer&#8217;s Officer<br />
11250 Waples Mill Road<br />
Fairfax, Virginia 22030</strong></p>
<p>&#8220;Once [the Endowment] is big enough, it could pay for all of competitive shooting. That&#8217;s something every competitor would benefit from.&#8221; &#8212; Dennis Willing, NRA Competitive Shooting Director.</p>
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