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California · Public charity

California Retirement Management Account

Carma grants funds to thoroughbred retirement facilities to support the care and retraining of horses whose careers have ended.

$504k
Granted FY2024(still arriving)
16
Itemized grants FY2024
16
Organizations funded FY2023
0%
First-time grantees FY2023
Read the full brief
Itemized, FY2024
$479k
The rest is grants the schedule does not break out
Median grant, FY2024
$28,000
Largest grant, FY2024
$167,000
Organizations funded a year
11 to 23
FY2017 to FY2023
States reached, FY2024
6
Total assets, FY2024
$2.8M

How open it is to new grantees

In FY2023, 0% of the organizations California Retirement Management Account funded were first-time grantees, receiving 0% of its grant dollars.

New vs renewed · share of each year

In FY2023, 100% of grant dollars renewed an existing relationship; $0 went to new ones.

50%100%’18’19’20’21’22’23
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’18’19’20’21’22’23
AnimalsOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.
The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY2024still arriving16$479k0%
FY202316$435k0%
FY202211$409k0%
FY202115$315k7%
FY202018$285k0%
FY201920$350k10%
FY201822$281k9%
FY201723$438kn/a
100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2024.

Animals$2.7MRecreation & Sports$264k

Top grantees

Largest recipients by total granted, FY2017 to FY2024, and the share of each one’s budget the grants supplied at peak.

Show all 21 grantees

Plus 7 recipients with no EIN on record ($412k), not named here.

Where it is load-bearing

California Retirement Management Account supplied at least a quarter of the budget for 4 of its grantees at some point. The chart plots its 21 largest grantees; load-bearing ones sit top left.

25%50%75%100%$100k$1.0Mgrantee revenue →↑ funder's share of their budgetUnited Pegasus Foundation: $834,500 over 8y, 28% of budgetHorsepower Sanctuaries Inc Dba Redwings Horse Sanctuary: $237,000 over 8y, 2.9% of budgetSquare Peg Foundation: $228,000 over 8y, 4.7% of budgetHope for Horses Inc: $192,500 over 8y, 22% of budgetDale and Patti Shirley Equine Encore Foundation: $155,863 over 7y, 18% of budgetDown the Stretch Ranch: $136,500 over 8y, 14% of budgetWin Place Home Inc: $128,000 over 8y, 12% of budgetHarmony and Hope Horse Haven Inc: $126,000 over 8y, 19% of budgetAfter the Homestretch-Arizona: $86,500 over 8y, 13% of budgetOld Friends Inc: $77,000 over 7y, 1.0% of budgetCanter California: $72,000 over 8y, 30% of budgetSouthern California Thoroughbred Rescue: $67,000 over 5y, 16% of budgetHumanity for Horses: $50,000 over 3y, 1.2% of budgetHealing Arenas Inc: $47,500 over 7y, 27% of budgetLos Angeles Pet Rescue: $43,500 over 4y, 4.2% of budgetFresh Start Sport Horses Inc: $35,000 over 4y, 8.2% of budgetNeigh Savers Foundation Inc: $30,000 over 2y, 11% of budgetThoroughbred Rehab Center Inc: $17,500 over 2y, 31% of budgetRacehorse Remember Me Rescue Founda: $13,000 over 2y, 3.3% of budgetSaving Horses Inc: $2,000 over 1y, 1.7% of budgetHoofs and Woofs Animal Rescue: $1,000 over 1y, 0.9% of budget

Tap a dot to name the grantee.

How this is measured
Share of budget is the funder’s grant in a year over the grantee’s total revenue that year, at its highest across the years we hold; revenue is from all sources. Only grantees confirmed against their own filings, whose grants do not exceed their revenue, are plotted: the largest 21.

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

Thoroughbred Aftercare Alliance Foundati Dba Thoroughbred Aftercare AllianceKY39× affinity16 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: Thoroughbred Aftercare Alliance Foundati Dba Thoroughbred Aftercare Alliance · Thoroughbred Charities of America Inc · Thornton S Jr and Katrina D Glide Foundation · The American Society for the Prevention of Cruelty to Animals · Churchill Downs Incorporated Foundation · Network for Good · Paypal Charitable Giving Fund · Morgan Stanley Global Impact Funding Trust Inc · The Bank of America Charitable Foundation Inc · National Philanthropic Trust · American Online Giving Foundation Inc · Donor Advised Charitable Giving Inc

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

Compare California Retirement Management Account with peer funders

Warm introductions · Powered by PlinthPlus

How do I get to California Retirement Management Account?

Find your warmest path to California Retirement Management Account through trustees and officers whose names appear on both boards. Search for your organization and Plinth traces the shortest route it can evidence.

Each link is a name appearing on two organizations’ public IRS 990 filings, matched on that name and, where the filings support it, on location. A same-state match has geographic support, which is a second matching feature rather than confirmation that the two are one person; a cross-state one is the likeliest to be two people who share a name. Every hop shows its tier, low-confidence and distant paths are held back rather than guessed, and it is worth confirming the person before you use the introduction.

About California Retirement Management Account

How much does California Retirement Management Account give?
California Retirement Management Account reported 16 itemized grants totaling $479,000, out of $504,000 in total grant expense reported on the return in its FY2024 IRS filing. It funded between 11 and 23 organizations a year over FY2017 to FY2023.
What does California Retirement Management Account fund?
By grant dollars over FY2017 to FY2024, its largest causes are Animals (91%), Recreation & Sports (9%).
Who are California Retirement Management Account's largest grantees?
By total granted over FY2017 to FY2024: United Pegasus Foundation ($835k), Horsepower Sanctuaries Inc Dba Redwings Horse Sanctuary ($237k), Square Peg Foundation ($228k).
Does California Retirement Management Account fund new organizations?
In FY2023, 0% of the organizations it funded were first-time grantees.
Which funders back the same organizations as California Retirement Management Account?
Its strongest co-funders, measured against what their size predicts, include Thoroughbred Aftercare Alliance Foundati Dba Thoroughbred Aftercare Alliance, Thoroughbred Charities of America Inc, Thornton S Jr and Katrina D Glide Foundation.
Where is California Retirement Management Account based?
California Retirement Management Account is based in CA.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 28 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990 e-file return for fiscal year 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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