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Kentucky · Nonprofit

THE FOUNDATION FOR THE HORSE FKA THE AAEP FOUNDATION INC

THE FOUNDATION FOR THE HORSE FKA THE AAEP FOUNDATION INC (Kentucky) receives grants from 59 organizations whose IRS filings report $3,247,769 to it, the largest being OREGON HEALTH & SCIENCE UNIVERSITY FOUNDATION ($437,219). 32 of them have funded it in more than one year.

Revenue FY2025
$3.2M
Funders on record
59
Grants received
$3.2M
Net assets
$10M
32/59 repeat funderspeak grant-dependency 49%
01What it does

What The Foundation for the Horse Fka the Aaep Foundation Inc does

Mission

Founded in 1994, the foundation for the horse is governed and stewarded by equine veterinarians. Our mission to improve the health and welfare of horses is supported by the expertise of many world-renowned caregivers and researchers, unequaled in their ability to identify the needs of the equine and the most critical health concerns facing the equine population. The foundation was created around the idea of uniting everyone who is dedicated to improving horse health and well-being. Today, we are a dynamic organization focused on delivering relevant research, education, and outreach to the equine industry.

As stated on its FY2025 Form 990.

Programs

  1. Contributions in the furtherance of the treatment and welfare of the horse - the foundation works hand-in-hand with the practitioners to confront the needs of the horse and the profession. The foundation serves as an advocate for the aspiring equine veterinarian, the horse in need and the researcher determined to advance equine medicine.

    $1,660,293 spentof which $1,169,669 as grants
    75% of program spending
  2. Scholarships. The foundation for the horse is dedicated to preserving and improving the health and well-being of equines by honoring exceptional veterinary students dedicated to equine practice. Scholarships are awarded based on academic excellence, leadership and a commitment to equine veterinary medicine.

    $339,250 spentof which $339,250 as grants
    15% of program spending
  3. Student programs. The foundation supports student education for future equine veterinarians through high-quality labs, lectures, and workshops that are not currently provided by the schools.

    $212,568 spent
    10% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $2,212,111.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($1.4M) Expenses 100 ($913k) Net assets 100 ($4.8M)2018 Revenue 117 ($1.6M) Expenses 88 ($807k) Net assets 102 ($4.9M)2019 Revenue 95 ($1.3M) Expenses 118 ($1.1M) Net assets 119 ($5.7M)2021 Revenue 133 ($1.8M) Expenses 111 ($1.0M) Net assets 156 ($7.5M)2022 Revenue 172 ($2.3M) Expenses 165 ($1.5M) Net assets 147 ($7.1M)2023 Revenue 213 ($2.9M) Expenses 209 ($1.9M) Net assets 191 ($9.2M)2024 Revenue 213 ($2.9M) Expenses 209 ($1.9M) Net assets 191 ($9.2M)2025 Revenue 233 ($3.2M) Expenses 301 ($2.7M) Net assets 211 ($10M)
'17'18'19'21'22'23'24'25
Revenue (233)Expenses (301)Net assets (211)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $7.1M to $9.3M (+31%).

$4.8M
$4.9M
$5.8M
$7.5M
$7.1M
$9.3M
$9.3M
$10M
'17'18'19'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

83% of THE FOUNDATION FOR THE HORSE FKA THE AAEP FOUNDATION INC’s revenue is contributions — more donation-reliant than the typical peer (81% for the typical peer).

This organization
Typical peer · 11,793 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 8 reported years ran a deficit.

$453k
’17
$787k
’18
$225k
’19
$803k
’21
$845k
’22
$1.0M
’23
$1.0M
’24
$434k
’25
5.0
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

David Foley

Executive director

As listed on its FY2025 Form 990.

'17'18'19'21'22'23'24'25
Listed1614141615171717
Joined·+3+6·+2+13+0+2
No longer listed·56·31102
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 7 funders to 19 funders, grant income rose $65k → $331k.

15 of 59 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 36% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $43k from one payer (the payer shares this organization's board, largest American Association of Equine Practitioners). These are real filings, and they are not money THE FOUNDATION FOR THE HORSE FKA THE AAEP FOUNDATION INC raised.

From the IRS filings of THE FOUNDATION FOR THE HORSE FKA THE AAEP FOUNDATION INC’s funders (the co-funder graph). Top 30 of 59 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

THE FOUNDATION FOR THE HORSE FKA THE AAEP FOUNDATION INC has a broad base — no single funder exceeds 13% of grant income, and it takes 6 funders to reach half.

the vertical line marks half of all grant income — 6 funders to its left

70% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund THE FOUNDATION FOR THE HORSE FKA THE AAEP FOUNDATION INC.

13%
largest funder
34%
top three
~16
effective funders

Largest funder’s share by year: 2017 39% · 2018 55% · 2019 42% · 2020 44% · 2021 50% · 2022 18% · 2023 30% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

39% of THE FOUNDATION FOR THE HORSE FKA THE AAEP FOUNDATION INC's funders are still giving 3 years after their first grant; 54% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

THE FOUNDATION FOR THE HORSE FKA THE AAEP FOUNDATION INC draws 90% of its grant income from funders outside Kentucky, across 24 states in all.

NH
MN
IL
MI
NY
OR
WY
OH
PA
NJ
CT
CA
MO
KY
VA
MD
AZ
AR
TN
NC
MS
GA
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Kentucky out of state home

Funder states come from each funder’s own filing. $1.2M arriving through sponsors registered in 12 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

THE FOUNDATION FOR THE HORSE FKA THE AAEP FOUNDATION INC runs a healthier operating margin than half of the 6,891 human services nonprofits its size.

Operating margin14% · above the median
Months of reserve5.0mo · above the median
Revenue growth (annualized)11% · above the median

this organization peer median middle 50% of peers· 6,891 human services nonprofits $1M–$10M, FY2025

Organizations like THE FOUNDATION FOR THE HORSE FKA THE AAEP FOUNDATION INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Kentucky

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

80% of spending goes to programs.

Program 80%Management 8%Fundraising 12%

Governance

12
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990✓Audited financials

Public support

73%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

KY

Part of a family of 1 related entity

  • American Association of Equine Practitioners · exempt

Screen this organization

A dated, signed PDF of the compliance screen for THE FOUNDATION FOR THE HORSE FKA THE AAEP FOUNDATION INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds THE FOUNDATION FOR THE HORSE FKA THE AAEP FOUNDATION INC?
THE FOUNDATION FOR THE HORSE FKA THE AAEP FOUNDATION INC (Kentucky) receives grants from 59 organizations whose IRS filings report $3,247,769 to it, the largest being OREGON HEALTH & SCIENCE UNIVERSITY FOUNDATION ($437,219). 32 of them have funded it in more than one year.
How many funders does THE FOUNDATION FOR THE HORSE FKA THE AAEP FOUNDATION INC have?
IRS filings report 59 organizations giving $3,247,769 in grants to THE FOUNDATION FOR THE HORSE FKA THE AAEP FOUNDATION INC, 32 of which have funded it in more than one year.
Who is the largest funder of THE FOUNDATION FOR THE HORSE FKA THE AAEP FOUNDATION INC?
OREGON HEALTH & SCIENCE UNIVERSITY FOUNDATION is the largest funder on record, with $437,219 in grants. The full list of funders is on this page.
How can an organization like THE FOUNDATION FOR THE HORSE FKA THE AAEP FOUNDATION INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Kentucky. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 59 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing