NonprofitsAmerican Quarter Horse Foundation

Animal-Related

American Quarter Horse Foundation

AMARILLO, TX

Total revenue

$11.9M

Total expenses

$2.3M

Net assets

$71.6M

Grants received

$9.1M

43 grants

EIN

510187823

Tax year

2023

Mission

The Foundation connects horses and people through charitable giving to support programs that preserve our horses legacy and further the well-being of the American Quarter Horse family

Programs

2 programs

GRANTS AND EDUCATION: To advance relevant basic and applied research that enhances the well-being of the American Quarter Horse. By fostering innovative equine research and education, we leverage our resources with exceptional scientists to address fundamental issues facing both the AQHA membership and the broader horse industry.

Expenses: $353KGrants: $230K

Scholarships: To empower AQHA members with enhanced educational opportunities that strengthen leadership within the American Quarter Horse industry. Through the development of advanced education and training both nationally and internationally, we ensure the resources needed to steer the American Quarter Horse industry toward a sustainable future. 144 scholarships were paid in the year ending 9/30/24.

Expenses: $339KGrants: $278K

Financials

FY 2023

Revenue

Contributions & grants$7.0M
Program service revenue$412K
Investment income$4.5M
Other revenue$33K
Total revenue$11.9M

Expenses

Grants paid$509K
Salaries & benefits$826K
Fundraising$203K
Other expenses$1.0M
Total expenses$2.3M
Total assets$71.9M
Net assets$71.6M

People

14 listed

NameRoleCompensation

Christine Sitz

COO & Secretary

Board

$182K

55 hrs/wk

Kenneth Banks

President (To 3/2024)

Board

2 hrs/wk

James HuntPresFrom

3/2024)1st VP(To 3/2024)

Board

2 hrs/wk

Jeff Tebow1st VPFrom 32024

2nd VP (To 3/2024)

Board

2 hrs/wk

Jim Brinkman2nd VPFrom

3/2024)Board Member(To 3/2024)

Board

2 hrs/wk

Lori Bucholz

Board Member

Board

2 hrs/wk

Robin Merrill

Appointed Trustee (To 4/2024)

Board

2 hrs/wk

Catherine Nicholas

Appointed Trustee

Board

2 hrs/wk

Larry Bell

Appointed Trustee

Board

2 hrs/wk

Kathy Headley

Appointed Trustee

Board

2 hrs/wk

Ross Roark

Trustee (From 3/2024)

Board

2 hrs/wk

Daniel Henson

Appointed Trustee(From 4/2024)

Board

2 hrs/wk

Karl Stressman

Executive Vice President

Board

5 hrs/wk

Andrew Barbe

CFO & Treasurer

Board

5 hrs/wk

Grants received

Showing 43 of 43

FromAmountPurposeYear
$26K
ENVIRONMENT & ANIMAL PROTECTION
2024
$10K
GENERAL SUPPORT
2024
$3K
PROGRAM SERVICE.
2024
$1.7M
GENERAL SUPPORT
2023
$1.4M
GENERAL SUPPORT
2023
$53K
TO SUPPORT OPERATIONS
2023
$26K
ENVIRONMENT & ANIMAL PROTECTION
2023
$24K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$10K
SUPPORT QUARTER HORSES
2023
$10K
GENERAL SUPPORT
2023
$1K
CHARITABLE SUPPORT
2023
$1K
GENERAL SUPPORT
2023
$1.3M
GENERAL SUPPORT
2022
$26K
ENVIRONMENT & ANIMAL PROTECTION
2022
$10K
SUPPORT QUARTER HORSE
2022
$10K
GENERAL SUPPORT
2022
$1K
OPERATIONAL SUPPORT
2022
$20K
Environment and Animals
2021
$9K
ENVIRONMENTAL AND ANIMALS
2021
$4.2M
GENERAL SUPPORT
2020
$37K
MUSEUM OPERATIONS, EQUINE RESEARCH, YOUTH SCHOLARSHIPS
2020
$26K
ENVIRONMENT & ANIMAL PROTECTION
2020
$3K
BARBARA COWAN
2020
$1K
OPERATIONAL SUPPORT
2020
$32K
MUSEUM OPERATIONS, EQUINE RESEARCH, YOUTH SCHOLARSHIPS
2019
$9K
GENERAL SUPPORT
2019
$8K
PUBLIC EDUCATION
2019
$7K
ENVIRONMENTAL AND ANIMALS
2019
$100
GENERAL OPERATING SUPPORT
2019
$10K
SCHOLARSHIP ENDOWMENT
2018

Funded by

$9.1M from 23 funders · 43 grants · 2018–2024

Burnett Foundation

$6.8M · 3 grants · 2020–2023

Allsup Family Charitable Foundation

$1.7M · 2 grants · 2022–2023

American Quarter Horse Association

$179K · 3 grants · 2019–2022

Gs Donor Advised Philanthropy Fund

$105K · 4 grants · 2020–2024

The Dogwood Foundation

$53K · 1 grant · 2023

Permian Basin Area Foundation

$39K · 3 grants · 2021–2024

Knight Family Foundation

$30K · 3 grants · 2022–2024

Details

EIN510187823
NTEE codeD03
Subsection03
Ruling date1976-07
Formed1975
Employees22
Volunteers228