New Jersey · Public charity
Far Hills Race Meeting Association Inc
The organization holds a one day steeplechase event annually. The largest individual beneficiary of the event is the somerset medical health care foundation, a recognized section 501(c)(3) non profit entity. At the discretion of the board of trustees, the organization also supports other recognized section 501(c)(3) not-for-profit…
- $492k
- Granted FY2024(still arriving)
- 5
- Itemized grants FY2024
- 4
- Organizations funded FY2023
- 25%
- First-time grantees FY2023
- Itemized, FY2024
- $478k
- The rest is grants the schedule does not break out
- Median grant, FY2024
- $20,000
- Largest grant, FY2024
- $395,000
- Organizations funded a year
- 1 to 6
- FY2017 to FY2023
- States reached, FY2024
- 1
- Total assets, FY2024
- $7.8M
How open it is to new grantees
In FY2023, 25% of the organizations Far Hills Race Meeting Association Inc funded were first-time grantees, receiving 2% of its grant dollars.
New vs renewed · share of each year
In FY2023, 98% of grant dollars renewed an existing relationship; $8k went to new ones.
Where new relationships form · theme of each grantee’s first grant
How this is measured
The numbers by year
| Fiscal year | Organizations funded | To those organizations | First-time grantees |
|---|---|---|---|
| FY2024still arriving | 5 | $478k | 0% |
| FY2023 | 4 | $453k | 25% |
| FY2022 | 3 | $470k | 33% |
| FY2021 | 2 | $420k | 50% |
| FY2020 | 1 | $10k | 0% |
| FY2019 | 4 | $42k | 25% |
| FY2018 | 3 | $449k | 33% |
| FY2017 | 6 | $655k | n/a |
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2024.
Top grantees
Largest recipients by total granted, FY2017 to FY2024, and the share of each one’s budget the grants supplied at peak.
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Somerset Health Care Foundation Inc | $2,511,835 | 7 | 32% |
| Crossroads4hope | $135,000 | 2 | 18% |
| Union Hook & Ladder Co No1 of Bedminster - Far Hills Nj | $115,000 | 4 | 11% |
| Foundation for Morristown Medical Center | $60,000 | 3 | 0% |
| Essex Horse Trials Inc | $49,048 | 1 | 13% |
| Bonnie Brae | $30,000 | 3 | 0% |
| Far Hills-Bedminster First Aid Squadinc | $20,000 | 2 | 15% |
| Breakthrough T1d | $20,000 | 2 | 0% |
| Life Camp Inc | $20,000 | 2 | 1% |
| Adult Day Center of Somerset County Inc | $10,000 | 1 | 1% |
Show all 11 grantees
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Somerset Health Care Foundation Inc | $2,511,835 | 7 | 32% |
| Crossroads4hope | $135,000 | 2 | 18% |
| Union Hook & Ladder Co No1 of Bedminster - Far Hills Nj | $115,000 | 4 | 11% |
| Foundation for Morristown Medical Center | $60,000 | 3 | 0% |
| Essex Horse Trials Inc | $49,048 | 1 | 13% |
| Bonnie Brae | $30,000 | 3 | 0% |
| Far Hills-Bedminster First Aid Squadinc | $20,000 | 2 | 15% |
| Breakthrough T1d | $20,000 | 2 | 0% |
| Life Camp Inc | $20,000 | 2 | 1% |
| Adult Day Center of Somerset County Inc | $10,000 | 1 | 1% |
| Arc Foundation of Somerset County Inc | $5,000 | 1 | 2% |
Where it is load-bearing
Far Hills Race Meeting Association Inc supplied at least a quarter of the budget for 1 of its grantees at some point. The chart plots its 11 largest grantees; load-bearing ones sit top left.
Tap a dot to name the grantee.
How this is measured
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.
Open a dossier: Community Foundation of New Jersey · The Hyde and Watson Foundation · Bristol-Myers Squibb Foundation Inc · Somerset Health Care Foundation Inc · Louis G Piancone Charitable Foundation Inc · Mondelez International Foundation · Chubb Charitable Foundation · Verizon Foundation · Charities Aid Foundation America · The Bank of America Charitable Foundation Inc · Donor Advised Charitable Giving Inc · Fidelity Investments Charitable Gift Fund
How this is measured
Compare Far Hills Race Meeting Association Inc with peer funders
Warm introductions · Powered by PlinthPlus
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About Far Hills Race Meeting Association Inc
- How much does Far Hills Race Meeting Association Inc give?
- Far Hills Race Meeting Association Inc reported 5 itemized grants totaling $477,500, out of $492,300 in total grant expense reported on the return in its FY2024 IRS filing. It funded between 1 and 6 organizations a year over FY2017 to FY2023.
- What does Far Hills Race Meeting Association Inc fund?
- By grant dollars over FY2017 to FY2024, its largest causes are Health (92%), Public Safety & Disaster (5%), Recreation & Sports (2%).
- Who are Far Hills Race Meeting Association Inc's largest grantees?
- By total granted over FY2017 to FY2024: Somerset Health Care Foundation Inc ($2.5M), Crossroads4hope ($135k), Union Hook & Ladder Co No1 of Bedminster - Far Hills Nj ($115k).
- Does Far Hills Race Meeting Association Inc fund new organizations?
- In FY2023, 25% of the organizations it funded were first-time grantees.
- Which funders back the same organizations as Far Hills Race Meeting Association Inc?
- Its strongest co-funders, measured against what their size predicts, include Community Foundation of New Jersey, The Hyde and Watson Foundation, Bristol-Myers Squibb Foundation Inc.
- Where is Far Hills Race Meeting Association Inc based?
- Far Hills Race Meeting Association Inc is based in NJ.
Play a game based on Far Hills Race Meeting Association’s filings →