Skip to content
Plinth

· Public charity

Florida Thoroughbred Breeders Assoc Inc

To promote the thoroughbred horse industry in the state of florida.

$5.2M
Granted FY2025still arriving
79
Grants FY2025still arriving
10
States reached
$917k
Largest
01What you fund
01

What you funded, over time

By grantee IRS cause code (NTEE).

A cause breakdown isn’t shown here: 100% of FLORIDA THOROUGHBRED BREEDERS ASSOC INC’s grantee dollars fall outside its nine largest cause areas, whether because the recipient carries no IRS cause code or because its cause sits in the long tail. A chart would be mostly one residual band and misrepresent the portfolio.

02FY2025 · 79 grants

Where the money goes

Your grants by size, and where they go.

The 79 grants below total $3,124,528 — the rows itemised in this filing. The $5,202,772 headline is the total grant expense reported on the return, so the remaining $2,078,244 is giving the schedule does not break out: grants under the $5,000 itemisation floor, grants to individuals, and grants reported on other schedules. Every figure below describes the itemised rows only.

By grant size · FY2025

  • Under $10k31 grants · $217k
  • $10k–50k37 grants · $740k
  • $50k–250k9 grants · $783k
  • $250k+2 grants · $1.4M
$13,563
Median grant
10
States reached
$7.3M
Total assets
Largest grants
RecipientAmount
GULFSTREAM PARK$917,000
TAMPA BAY DOWNS INC$466,800
OCALA STUD$211,144
ARINDEL$99,950
LIVE OAK STUD$91,925
STONEHEDGE LLC$90,703
JUST FOR FUN STABLE INC$65,116
BAOMA CORP$57,769
ST ELIAS STABLE LLC$57,175
SHADYBROOK FARM INC$56,572
JACKS OR BETTER FARM INC$53,088
BRIDLEWOOD FARM$40,000
CORPORACION MARTINEZ & ASOCIADOS INC$38,469
PLEASANT ACRES STALLIONS LLC$37,000
SCF INC$36,766
02The need
03

Do your dollars go where the need is?

Each grant placed by the hardship in its grantee’s ZIP, then read against the area’s typical level.

show:

Dollar for dollar, your grants (FY18–25) land where the poverty rate runs at 13%, against an area that typically sits at 11%. 93% of your dollars go to grantees based in above-average-need neighborhoods. Most of your grants land in higher-need ZIPs.

area typical 11%STONEHEDGE LLC: $91k → 8%BAOMA CORP: $58k → 10%SUPERBAD STABLES LLC: $20k → 10%D'OYEN THOROUGHBREDS LLC: $24k → 14%ADMINISTRATIVE SURVIVORS TRUST UNDER BIEGERT JACKSON TRUST DTD 08232010: $21k → 6%THOROUGHBRED RETIREMENT FOUNDATION: $31k → 7%WESTBURY STABLES LLC: $25k → 11%ST ELIAS STABLE LLC: $57k → 17%PALM BEACH RACING III LLC: $26k → 11%ENDSLEY OAKS FARM INC: $21k → 12%BELVEDERE FARM: $20k → 15%DELUCA AND SON'S STABLES INC: $18k → 16%STONEHEDGE LLC: $70k → 8%BAOMA CORP: $20k → 10%HALLMARC STALLIONS LLC: $17k → 11%JACKS OR BETTER FARM INC: $53k → 16%SHADYBROOK FARM INC: $57k → 16%SHADE TREE THOROUGHBREDS INC: $26k → 17%CAT RACING STABLE: $16k → 14%GDS RACING STABLE: $17k → 15%JACKS OR BETTER FARM INC: $48k → 16%CORPORACION MARTINEZ & ASOCIADOS INC: $38k → 16%SHADE TREE THOROUGHBREDS INC: $23k → 17%PLEASANT ACRES STALLIONS LLC: $37k → 16%SHADYBROOK FARM INC: $32k → 16%HARAS BUEN BORINCANO INC: $20k → 13%FARM III & JESUS JAIMES: $18k → 16%BRIDLEWOOD FARM: $40k → 16%SCF INC: $37k → 16%GOOD BEGINNINGS FARM: $27k → 16%JUST FOR FUN STABLE INC: $65k → 13%BRIDLEWOOD FARM: $21k → 16%ENGLISH RANGE FARM: $18k → 16%JUST FOR FUN STABLE INC: $35k → 13%GULFSTREAM PARK: $1.2M → 13%GULFSTREAM PARK: $917k → 13%GULFSTREAM PARK: $425k → 13%GULFSTREAM PARK: $275k → 13%GULFSTREAM PARK: $250k → 13%GULFSTREAM PARK: $150k → 13%GULFSTREAM PARK: $150k → 13%RUSTLEWOOD FARM INC: $31k → 16%LIVE OAK STUD: $92k → 16%LIVE OAK STUD: $75k → 16%GELFENSTEIN FARM: $19k → 16%DONALD R DIZNEY LLC: $16k → 16%FLYING FINISH FARM: $19k → 16%JJ BREVAN STABLE LLC: $24k → 16%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount

Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty linein the grantee’s ZIP, averaged from the tracts in that ZIP; grantee ZIP can differ from where services are delivered.

Which US states your grants reach

NH
NY
MA
CA
KY
WV
MD
SC
TX
FL

US grants placed by each grantee’s ZIP, which can differ from where services are actually delivered. Need from public data — U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA — shown as context about the area, never attributed to your giving.

03Your edge
repeat funding

Who you back again

Which organizations you funded more than once, and which you funded a single time. Each grantee is matched to its own filings.

93%of every dollar goes to organizations you’ve funded before.
$8.0M · 40 repeat orgs$597k to everyone else

40 repeat relationships — 39 still active in FY2025, 1 since wound down; 40 grantees were first funded in FY2025 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

40
17

Total granted

$8.0M
$137k

Still filing today

3%
0%

New vs renewed · share of each year

In FY2025, 85% of grant dollars renewed an existing relationship; $460k went to new ones.

50%100%’18’19’20’21’22’23’24’25
RenewedFirst-time

First-time = a grantee’s first year in your filing window; renewed = funded in an earlier year too. As a portfolio matures the renewed share naturally climbs — once funded, an org stays “renewable” — so the signal is the years that buck it (a new-grantee intake wave). The earliest year is left-censored: relationships that predate the data read as “new.” Theme is the grantee’s IRS cause.

Backed again, and grew

  • GP
    GULFSTREAM PARK
    7× · 2019–2025 · $3.3M
  • TB
    TAMPA BAY DOWNS INC
    8× · 2018–2025 · $2.6M
  • OS
    OCALA STUD
    2× · 2024–2025 · $310k

Funded once

  • AR
    ALTER'S RACING STABLE INC
    one grant, 2024 · $12k
  • MB
    MCKATHAN BROTHERS
    one grant, 2024 · $10k
  • NS
    NORTHWEST STUD
    one grant, 2024 · $10k

Repeat = funded in two or more distinct years; growth and survival are read from each grantee’s own subsequent IRS filings.

04Your field
04the grantee network

1 grantees tracked through their own filings, 2017–2025.

Each one resolved to its own IRS returns and tracked year by year — your grant beside their revenue from every source. Association, dated; never a causal claim.

Counted here: distinct organizations you funded across 20172025, not grant rows in a single year — so this will not match the grant count on the cover. 1 of the 97 grantees resolved in that span have returns of their own we could reconcile; the rest are funded organizations whose filings we could not track year by year.

0
Load-bearing (≥25% of a budget)
0
Early backer (in before they grew)
1/1
Grantees still filing
0/1
Grew since you first funded

Where your money sits — by cause, then by grantee

GULFSTREAM PARK — $3,319,000 · OtherGULFSTREAM PARKTAMPA BAY DOWNS INC — $2,649,500 · OtherTAMPA BAY DOWNS INCOCALA STUD — $309,913 · Other+93 more — $2,306,433 · Other+93 moreTHOROUGHBRED RETIREMENT FOUNDATION INC — $37,026 · Animals
Other$8,584,846Animals$37,026

Each org by its size and your share of it — top-left is where you’re load-bearing

25%50%75%100%grantee revenue →↑ your share of their budgetTHOROUGHBRED RETIREMENT FOUNDATION INC — $37,026 over 2y, 1.3% of budget
Go grantee by grantee — a decade per org, and how each moved after you funded them

A decade per grantee — revenue shaded, your grants as bars, all rows on one timeline.

  • Who funds THOROUGHBRED RETIREMENT FOUNDATION INC

Government reliance of your grantees

Every dot is one organization Florida Thoroughbred Breeders Assoc Inc funds. Left–right is the share of its income from government; up–down is the share from you. Bigger dots raise more. Filter to federal or a single department — and drag the year to watch it move.

2025
202122232425
no gov · 00%0%1%3%5%your share of their income ↑0%1%3%4%5%share of the org’s income from government
    no gov moneyreceives it· size = income
    0get no government money at all
    0rely on government for over half their income
    ⤢ axis zoomed · 0–5%
    typical government reliance, FY2025

    Government income is each org’s traced federal awards (USASpending — grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that your grant caused the public funding. Coverage is precision-first — a floor, not a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12–24 months.

    On method. Every financial figure here is read directly from IRS e-file XML — your own 990/990-PF and the multi-year returns of the 97 grantees we resolved across every year we hold, several hundred filings in all (a different count from the grant rows on the cover, which are one fiscal year)— each linked to its source. Grantee achievements and outcomes are each organization’s own program-service reporting (Form 990, Part III); we read these as association with sustained funding — the foundation is one of several forces — suppress low-confidence name matches rather than guess, and say so where a figure rests on a single grant or filing. Not everything on this page is a filed figure, and the difference matters. Filed is what you reported on your 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. How we build these →

    Generated from your IRS Form 990 e-file return for fiscal year 2025, released 2025. Filings run roughly 12–24 months behind; figures are dated accordingly.

    Source object · view filing

    More from the funding graph