Overview
What is European Breeders' Fund?
The European Breeders' Fund is an international association, headquartered in Newmarket, Suffolk, UK, with its address at Lushington House, 119 High Street, CB8 9AE. Their primary mission is to foster improved breeding of thoroughbreds in various European countries. They achieve this by providing sponsorship for racing events, with a focus on maiden two-year-old races. Specifically, at least 80% of these races are for horses eligible under the European Breeders' Fund (EBF) scheme. The organization also offers financial support to breeders of horses sired by EBF-registered stallions, when those horses win EBF-supported races. The European Breeders' Fund aims to contribute to the betterment of thoroughbred breeding in European nations.
Official website here: www.ebfstallions.com
Is European Breeders' Fund legitimate?
European Breeders' Fund is a legitimate nonprofit organization registered as a 501(c)(6) entity. European Breeders' Fund 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: $118,139
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.ebfstallions.com
What is the mission statement of European Breeders' Fund?
The European Breeders' Fund, being an international association, is committed to enhancing the breeding of thoroughbred horses in various European countries. Its mission is to promote improved breeding through sponsorship of races, ensuring that the majority of maiden two-year-old races are eligible for European Breeders' Fund (EBF) horses. Additionally, the fund provides financial support to breeders of horses sired by EBF-registered stallions when their offspring win EBF-supported races. This organization aims to foster better breeding and racing practices within the European thoroughbred industry.
Official website here: www.ebfstallions.com
Who is the CEO of European Breeders' Fund?
Kerry J Murphy is the Chairman of European Breeders' Fund. The CEO's salary of European Breeders' Fund is $118,139 and their total compensation is $118,139.
Official website here: www.ebfstallions.com
What is the revenue of European Breeders' Fund?
European Breeders' Fund's revenue in 2023 was $194,025.
Official website here: www.ebfstallions.com
Who are the executives of European Breeders' Fund and what are their salaries?
There 10 volunteers at European Breeders' Fund.
Here are 10 key members and their salaries (European Breeders' Fund's CEO's salary is $118,139 and their total compensation is $118,139):
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- Compensation: $118,139
- Related: $0
- Other: $0
Official website here: www.ebfstallions.com
Where can I find the form 990 for European Breeders' Fund?
European Breeders' Fund's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.ebfstallions.com
Learn more at the official website: www.ebfstallions.com
Mission Statement of European Breeders' Fund
The European Breeders' Fund, a renowned international association, is dedicated to fostering improved breeding practices within various European countries. Its primary mission is to promote the enhancement of thoroughbred breeding, achieved through sponsorship of racing events and financial support for member organizations. The association focuses on maiden two-year-old races, ensuring that at least 80% of these events are eligible for European Breeders' Fund (EBF) horses. Furthermore, the fund provides financial rewards to the breeder of a horse sired by an EBF-registered stallion, upon winning an EBF-supported race. By facilitating these opportunities, the European Breeders' Fund aims to contribute positively to the breeding industry and ultimately improve the overall quality of thoroughbred breeding within the European continent.
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Impact
October, 2024
The European Breeders' Fund significantly enhances the breeding quality of Thoroughbreds across European countries. By providing financial support to member organizations, it facilitates initiatives focused on improving breeding practices. The Fund allocates payments that are primarily used for racing sponsorship, ensuring that a substantial portion of maiden two-year-old races (80%) are specifically designated for EBF eligible horses.
This strategic approach not only incentivizes breeders to register their stallions with the EBF but also directly rewards breeders with funds when their horses—sired by EBF registered stallions—win EBF supported races. Consequently, this leads to a more competitive racing environment and elevates the overall standard of Thoroughbreds, fostering a thriving community of breeders, trainers, and racing enthusiasts. The EBF thus plays a crucial role in the advancement of Thoroughbred breeding, contributing to the richness and diversity of equestrian culture in Europe.
This information is meant to be a general summary of European Breeders' Fund. 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 2023.
- Investment Income: $25
- Program Service Revenue: $194,000
- Gross Receipts: $194,025
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $249,489
- Net Assets: -$249,489
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIPS DUES & ELI
Revenue
$194,000
Organization Details
Founding Year
1983
Phone
1638667960Principal Officer
Kerry J Murphy
Website
www.ebfstallions.comNTEE Category
Code: S40 - Community improvement
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