Overview
What is American Quarter Horse Foundation?
The American Quarter Horse Foundation is a renowned nonprofit organization based in Amarillo, Texas. With a team of ten dedicated individuals, they strive to bridge the connection between horses and people through charitable giving. Their mission encompasses developing and supporting programs that preserve the American Quarter Horse's legacy and promote the overall well-being of the Quarter Horse family. These initiatives include scholarships, research, equine-assisted activities and therapies, a Hall of Fame & Museum, and other projects that resonate with the Quarter Horse community. The foundation welcomed approximately 11,092 visitors between October 1, 2021, and September 30, 2022, testifying to its impact on both the horse and human communities.
Official website here: www.aqha.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star rating)
The American Quarter Horse Foundation has received an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial transparency. The organization scored exceptionally well across various metrics, including independent board governance and oversight, which are crucial for ensuring effective management and ethical practices.
User feedback highlights the foundation's focus on significant initiatives, such as funding equine research and supporting programs for individuals with disabilities through the America's Horse Cares program. Additionally, they provide scholarships to aid youth in their college education, showcasing their dedication to both equine welfare and community support.
While the foundation exhibits a solid program expense ratio of 78.34%, there is room for improvement in this area to further enhance its impact. Overall, the American Quarter Horse Foundation is recognized as a reputable and well-managed organization, making meaningful contributions to equine health and education.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is American Quarter Horse Foundation legitimate?
American Quarter Horse Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Quarter Horse Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $224,831
Professional Fundraising Fees: $0
Other Salaries and Wages: $473,656
For more financial information, click here
Official website here: www.aqha.com
What is the mission statement of American Quarter Horse Foundation?
The American Quarter Horse Foundation strives to bring horses and people together through charitable giving. Their mission is geared towards developing and supporting programs and initiatives that preserve the legacy of the American Quarter Horse and enhances the overall well-being of the Quarter Horse community. This includes scholarships, research, equine-assisted activities and therapies, and the Hall of Fame & Museum. By engaging in these efforts, the American Quarter Horse Foundation aims to make a positive impact on both the horses and the people within the Quarter Horse family.
Official website here: www.aqha.com
What is the revenue of American Quarter Horse Foundation?
American Quarter Horse Foundation's revenue in 2024 was $11,932,105.
Official website here: www.aqha.com
Who are the executives of American Quarter Horse Foundation and what are their salaries?
The average compensation at American Quarter Horse Foundation during 2024 was $31,749. There are 22 employees and 228 volunteers at American Quarter Horse Foundation.
Here are 14 key members and their salaries:
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Official website here: www.aqha.com
Where can I find the form 990 for American Quarter Horse Foundation?
American Quarter Horse Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.aqha.com
Learn more at the official website: www.aqha.com
Mission Statement of American Quarter Horse Foundation
The American Quarter Horse Foundation is a charitable organization dedicated to fostering a connection between horses and people. By providing philanthropic giving, the Foundation supports and develops programs and initiatives that preserve the legacy of the American Quarter Horse and enhances the well-being of the Quarter Horse community.
Through various means, the Foundation strives to enrich the lives of horses and people. It offers scholarships and research grants, bolstering the educational opportunities and progress within the Quarter Horse world. Furthermore, the Foundation supports equine-assisted activities and therapies, utilizing the innate bond between humans and horses to improve physical, emotional, and social well-being.
The American Quarter Horse Foundation's efforts extend beyond these programs, as it also houses the Hall of Fame and Museum. This cultural institution celebrates the heritage and history of the Quarter Horse breed, offering a living tribute to the remarkable horses and their human companions. Lastly, the Foundation engages in various programs of interest to the Quarter Horse family, fostering a sense of community and unity within this distinct group.
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Impact
October, 2024
The American Quarter Horse Foundation plays a significant role in enhancing the connection between horses and people. By facilitating charitable giving, it supports various programs and initiatives aimed at preserving the legacy of the American Quarter Horse and ensuring the well-being of both the horses and their community.
Through scholarship offerings, it empowers individuals pursuing education in equine-related fields. Research initiatives funded by the foundation contribute to the advancement of knowledge regarding equine health and welfare. Additionally, its commitment to equine-assisted activities and therapies provides impactful support for individuals with diverse needs, fostering healing and personal growth through interaction with horses.
The foundation's Hall of Fame and Museum honors the remarkable contributions of both horses and individuals who have shaped the American Quarter Horse industry. This inspiring space attracted approximately 11,092 visitors from October 2021 to September 2022, encouraging a deeper appreciation for the heritage and significance of these exceptional animals.
Overall, the American Quarter Horse Foundation fosters a strong community around the Quarter Horse family, ensuring that the bond between horses and people continues to thrive through educational, therapeutic, and celebratory initiatives.
This information is meant to be a general summary of American Quarter Horse Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $1,130,400
- Program Service Revenue: $411,664
- Gross Receipts: $48,343,532
Assets and Liabilities:
- Total Assets: $47,790,954
- Total Liabilities: $320,201
- Net Assets: $47,470,753
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MUSEUM ADMISSIONS
Revenue
$66,664
AQHA MEMBERSHIP
Revenue
$345,000
Organization Details
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