Overview
What is The Volunteer State Horsemen's Foundation?
The Volunteer State Horsemen's Foundation is a nonprofit establishment situated in Franklin, Tennessee. Its primary mission is to manage and organize an annual event known as the Iroquois Steeplechase Race, which is open to the public and held in the spring at Percy Warner Park in Nashville. This public park is owned by the Metropolitan Government of Nashville and Davidson County. The foundation's event aims to raise funds for the Monroe Carell Jr. Children's Hospital at Vanderbilt, while also promoting the spirit of amateurism within the community. Additionally, the foundation benefits from in-kind donations of equipment and facilities, with a reported fair market value of $90,000 related to the Steeplechase event.
Official website here: www.iroquoissteeplechase.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90% (Four-Star out of Four Stars)
The Volunteer State Horsemen's Foundation has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. This high score is primarily derived from a comprehensive evaluation of the organization’s fiscal management practices, with all aspects rated positively, indicating a commitment to transparency and responsible governance.
Notably, the foundation boasts a fully independent board, with 100% of its members meeting independence criteria, alongside a robust size of 16 members. The organization also scores exceptionally well in financial oversight, having no material diversions of assets and a perfect liabilities to assets ratio of 0.00%. Furthermore, its program expense ratio of 68.59% illustrates a significant commitment to allocating resources toward its mission-related activities.
While the foundation demonstrates strong financial practices and governance, further details about its programs and impact on the community could provide additional context for potential donors and volunteers. Overall, it stands out as a well-managed nonprofit dedicated to its objectives in the equestrian community.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The Volunteer State Horsemen's Foundation?
90% of 66 reviewers on Facebook recommend The Volunteer State Horsemen's Foundation. Here’s a summary of their insights:
Many patrons praised the well-organized event, highlighting the professional shuttle and check-in services that enhanced their overall excitement. The beautiful scenery of the park and the friendliness of fellow attendees contributed to a delightful atmosphere. Reviewers particularly enjoyed exploring the grounds and engaging with various vendors that shared the same enthusiasm.
Though the experience was largely positive, some attendees suggested improvements, specifically regarding the management of the grass in the general admissions area to create a more enjoyable picnic setting. Overall, the foundation appears to deliver a satisfying experience for those attending its events, leaving visitors eager to return in the future.
This AI summary has been generated from reviews found on Facebook.
Is The Volunteer State Horsemen's Foundation legitimate?
The Volunteer State Horsemen's Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Volunteer State Horsemen's 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $295,403
For more financial information, click here
Official website here: www.iroquoissteeplechase.org
What is the mission statement of The Volunteer State Horsemen's Foundation?
The Volunteer State Horsemen's Foundation's mission revolves around managing and producing an annual steeplechase event, which benefits the Monroe Carell Jr. Children's Hospital at Vanderbilt. This foundation also promotes the sport of steeplechase and the spirit of amateurism within the community. Their primary activity is the Iroquois Steeplechase Race, an annual event open to the public held in the spring, on the grounds of Percy Warner Park. A portion of the proceeds from this event may be utilized to enhance the equestrian facilities at Percy Warner Park. The foundation also receives in-kind donations of equipment and facilities, with a fair market value of $90,000 related to the steeplechase.
Official website here: www.iroquoissteeplechase.org
What is the revenue of The Volunteer State Horsemen's Foundation?
The Volunteer State Horsemen's Foundation's revenue in 2024 was $3,077,880.
Official website here: www.iroquoissteeplechase.org
Who are the executives of The Volunteer State Horsemen's Foundation and what are their salaries?
There 350 volunteers at The Volunteer State Horsemen's Foundation.
Here are 6 key members and their salaries:
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Official website here: www.iroquoissteeplechase.org
Where can I find the form 990 for The Volunteer State Horsemen's Foundation?
The Volunteer State Horsemen's Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.iroquoissteeplechase.org
Learn more at the official website: www.iroquoissteeplechase.org
Mission Statement of The Volunteer State Horsemen's Foundation
The Volunteer State Horsemen's Foundation is committed to managing and producing an annual steeplechase event that benefits the Monroe Carell Jr. Children's Hospital at Vanderbilt. Beyond this, the organization promotes the sport of steeplechase and fosters a spirit of amateurism within the community. Through this event, the foundation not only raises funds for a noble cause but also contributes to enhancing the equestrian facilities at Percy Warner Park, a public park located in Nashville, Tennessee. The foundation receives in-kind donations of equipment and facilities, with the fair market value of these contributions amounting to $90,000 for the steeplechase event. Overall, the Volunteer State Horsemen's Foundation plays a significant role in supporting a children's hospital while maintaining a passion for steeplechase racing and the values of amateurism.
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Impact
July, 2024
The Volunteer State Horsemen's Foundation's impact manifests in the management and production of the annual Steeplechase event, which benefits the Monroe Carell Jr. Children's Hospital at Vanderbilt. Additionally, the Foundation promotes the sport and the spirit of amateurism throughout the community. Through the sponsorship of the Iroquois Steeplechase race, open to the general public and held in Percy Warner Park in Nashville, Tennessee, the Foundation not only raises funds for a critical cause but also contributes to the improvement of equestrian facilities in the park. The in-kind donations received by the Foundation further enhance its ability to fulfill its mission, showcasing a commitment to both community engagement and philanthropy.
This information is meant to be a general summary of The Volunteer State Horsemen's 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: $31,527
- Program Service Revenue: $2,205,656
- Gross Receipts: $3,097,546
Assets and Liabilities:
- Total Assets: $1,392,875
- Total Liabilities: $128,306
- Net Assets: $1,264,569
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENU
Revenue
$2,205,656
Organization Details
Founding Year
1987
Principal Officer
Dwight Hall
Website
www.iroquoissteeplechase.orgNTEE Category
Code: N70 - Recreation
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