The United States Equestrian Team Foundation is a 501(c)(3) nonprofit organization, EIN 22-1668879.
Contributions made to the USET Foundation directly support the grants that the Foundation makes to the Federation for the High Performance programs. Annually, the USET Foundation awards grants covering approximately 50% of the High Performance program budget. Donors may give an unrestricted gift or restrict their gift to a specific discipline.
The USET Foundation adheres to good governance and the best practices that minimize the chance of unethical activities and consistently executes its mission in a fiscally responsible way. The Foundation is proud to have again been awarded Charity Navigator’s 4* award for excellence.
| Major Donor/GMC | 85% |
|---|---|
| Annual Support | 13% |
| Other | 1% |
| Facility Income | 1% |
| Grants & Programs | 71% |
|---|---|
| Fundraising | 20% |
| Management General | 9% |
Statements of Financial Position
(as of December 31st)
| Assets | 2019 | 2018 |
|---|---|---|
| Cash and cash equivalent | $ 2,076,896 | $ 1,486,075 |
| Investments | $15,870,929 | 12,483,699 |
| Contributions and pledges receivable, net | 9,410,384 | 9,245,188 |
| Accrued investment income receivable | 40,466 | 36,273 |
| Prepaid expenses | 161,212 | 49,185 |
| Property and equipment, net | 1,131,116 | 1,286,074 |
| _____________ $ 28,691,003 | _____________ $ 24,586,494 | |
| Liabilities | 2019 | 2018 |
|---|---|---|
| Accounts payable and accrued expenses | $ 56,335 | $ 20,596 |
| Accounts held on behalf of others | 49,000 | |
| Total Liabilities | __________ $ 105,335 | __________ $ 20,596 |
| Net Assets | 2019 | 2018 |
|---|---|---|
| Without Donor Restrictions | $8,632,312 | $ 5,650,808 |
| With Donor Restrictions | 19,953,356 | 18,915,090 |
| Total Net Assets | _______________ $ 28,585,668 | _______________ $ 24,565,898 |
| _______________ $ 28,691,003 | _______________ $ 24,586,494 |
2019
2018
2017
