Overview
What is Texas Equine Foundation?
The Texas Equine Foundation, affiliated with the Texas Equine Veterinary Association (TEVA), is a charitable organization dedicated to supporting benevolence in the equine industry and equine welfare. This nonprofit entity, established in 2017 under the name "Texas Equine Veterinary Association Foundation," raises, manages, and distributes funds to promote research, education, disaster relief, and outreach efforts in regions served by TEVA. One of their major initiatives is providing scholarships to veterinary students pursuing careers in the equine field, as well as sponsoring activities for related student organizations. Their financial contributions totaled $8,500 for scholarships and $11,612 for student activities in the information provided.
Official website here: www.texasequineva.com/foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating
The Texas Equine Foundation has received a Three-Star rating, reflecting an overall score of 76%. This rating is based solely on its Accountability & Finance metrics, indicating that the organization demonstrates a solid commitment to maintaining financial integrity. The foundation excels in having a fully independent board, with all ten members being independent, as well as no material diversion of assets, showcasing a trustworthy governance structure.
Despite these strengths, there are notable areas for improvement. The foundation lacks a conflict of interest policy, whistleblower policy, and a document retention and destruction policy, which are essential for enhancing transparency and ethical governance. While it does score well in other areas, including having its website listed on tax forms and maintaining good program expense ratios, addressing these missing policies could bolster its accountability further.
Overall, the Texas Equine Foundation appears to be a responsible organization with a strong financial management record, focusing on program expenditures effectively. However, it should prioritize developing the missing governance policies to strengthen its operations and enhance stakeholder trust.
This AI summary has been generated from information found on Charity Navigator.
Is Texas Equine Foundation legitimate?
Texas Equine Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Texas Equine 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:
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Official website here: www.texasequineva.com/foundation
What is the mission statement of Texas Equine Foundation?
The Texas Equine Foundation, a charitable organization affiliated with the Texas Equine Veterinary Association (TEVA), aims to support benevolence within the equine industry and promote equine welfare. This mission is focused on regions served by TEVA members. The foundation accomplishes its goals through various means such as research, education, disaster relief, and outreach.
In the field of education, the foundation offers scholarships to veterinary students pursuing a career in equine studies and sponsors activities for veterinary student organizations. As of the provided data, the foundation has granted scholarships totalling $8,500 and sponsored student activities worth $11,612.
Official website here: www.texasequineva.com/foundation
Who is the CEO of Texas Equine Foundation?
Cole Sciba is the Advisor of Texas Equine Foundation.
Official website here: www.texasequineva.com/foundation
What is the revenue of Texas Equine Foundation?
Texas Equine Foundation's revenue in 2022 was $169,210.
Official website here: www.texasequineva.com/foundation
Who are the executives of Texas Equine Foundation and what are their salaries?
Here are 8 key members and their salaries:
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Official website here: www.texasequineva.com/foundation
Where can I find the form 990 for Texas Equine Foundation?
Texas Equine Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.texasequineva.com/foundation
Learn more at the official website: www.texasequineva.com/foundation
Mission Statement of Texas Equine Foundation
The Texas Equine Foundation, serving as the charitable arm of the Texas Equine Veterinary Association (TEVA), was established in 2017 under the name "Texas Equine Veterinary Association Foundation." This organization's primary objective is to raise, hold, and administer funds for benevolence in the equine industry and equine welfare, specifically targeting regions served by TEVA members. They achieve this mission through research, education, disaster relief, and outreach initiatives.
The Texas Equine Foundation aims to support the equine industry and promote equine welfare by investing in the education of future veterinary professionals. One of its key initiatives is providing scholarships to veterinary students pursuing careers in the equine field. Additionally, the foundation sponsors activities for veterinary student organizations, investing in the next generation of equine caretakers. In 202X, the foundation disbursed scholarships totaling $8,500 and provided financial support for student organization activities amounting to $11,612. Overall, the Texas Equine Foundation is committed to advancing equine welfare and the profession through research, education, and outreach efforts.
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Impact
October, 2024
The Texas Equine Foundation significantly impacts the equine industry and welfare through its commitment to research, education, disaster relief, and outreach initiatives. By funding scholarships for veterinary students, it fosters the next generation of equine health professionals, providing $8,500 in scholarships and over $11,000 in support for student activities. This investment not only enhances individual education but also strengthens the community of veterinary professionals dedicated to equine care.
Additionally, the foundation plays a pivotal role in improving equine welfare across the regions served by the Texas Equine Veterinary Association. Its strategic focus on benevolence ensures that critical resources are allocated to support both the animals and the people who care for them. Through initiatives that address urgent needs and foster collaboration within the equine sector, the Texas Equine Foundation cultivates a healthier environment for equines and their caregivers alike.
This information is meant to be a general summary of Texas Equine 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 2022.
- Investment Income: $8
- Gross Receipts: $169,210
Assets and Liabilities:
- Total Assets: $289,070
- Total Liabilities: $0
- Net Assets: $289,070
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Organization Details
Founding Year
2017
Phone
(806) 673-1987Principal Officer
Cole Sciba
Main Address
PO BOX 11779, EL DORADO, AR, 71731
NTEE Category
Code: T11 - Philanthropy
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