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New Jersey · Nonprofit

UNITED STATES EQUESTRIAN TEAM FOUNDATION INC

UNITED STATES EQUESTRIAN TEAM FOUNDATION INC (New Jersey) receives grants from 91 organizations whose IRS filings report $17,011,590 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($4,998,019). 66 of them have funded it in more than one year, and 62% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$8.5M
Funders on record
91
Grants received
$17M
Net assets
$36M
66/91 repeat funderspeak grant-dependency 47%
01What it does

What United States Equestrian Team Foundation Inc does

Mission

The uset foundation supports the competition, training, coaching, travel & educational needs of america's elite & developing international high performance horses & athletes in partnership with the u.s. Equestrian federation.

As stated on its FY2024 Form 990.

Program

  1. The vision to promote international relationships, goodwill and better understanding of the united states through competition of equestrian teams and individuals of the united states with similar teams and individuals from other nations in the olympic games, paralympic games, pan american games, world championships and other international equestrian competitions while fostering the highest ideals of horsemanship and the welfare of the horse. The mission the uset foundation supports the competition, training, coaching, travel and educational needs of america's elite and developing international high performance horses and athletes in partnership with us equestrian. The goals supporting athletes promoting international excellence building for the future dressage us equestrian open dressage final thermal, usa - 1st place, benjamin ebeling and bellena owner: vantage equestrian group ii, llc - 3rd place, anna marek and fayvel owner: cynthia davila team silver, cdio3* wellington nations cup wellington, usa - devon kane and vamos owner: diamante farms - kevin kohmann and giulietta owner: diamante farms - erin nichols and elian royale owner: premiere sport horses - jennifer williams and…

    $9,684,790 spentof which $7,722,213 as grants
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $9,684,790.

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 ($13M) Expenses 100 ($6.5M) Net assets 100 ($25M)2018 Revenue 85 ($11M) Expenses 121 ($7.9M) Net assets 98 ($25M)2019 Revenue 58 ($7.7M) Expenses 89 ($5.8M) Net assets 114 ($29M)2020 Revenue 40 ($5.2M) Expenses 83 ($5.4M) Net assets 118 ($30M)2021 Revenue 68 ($8.9M) Expenses 113 ($7.3M) Net assets 127 ($32M)2022 Revenue 76 ($10.0M) Expenses 93 ($6.0M) Net assets 128 ($32M)2023 Revenue 55 ($7.2M) Expenses 107 ($7.0M) Net assets 139 ($35M)2024 Revenue 65 ($8.5M) Expenses 127 ($8.2M) Net assets 141 ($36M)
'17'18'19'20'21'22'23'24
Revenue (65)Expenses (127)Net assets (141)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 2018 to 2019, from $25M to $29M (+17%).

$26M
$25M
$29M
$30M
$32M
$32M
$35M
$36M
'17'18'19'20'21'22'23'24
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
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 2%. Grants only. Government contracts and fees sit inside program revenue.

67% of UNITED STATES EQUESTRIAN TEAM FOUNDATION INC’s revenue is contributions — more donation-reliant than the typical peer (13% for the typical peer).

This organization
Typical peer · 2,893 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 8 reported years ran a deficit.

$6.6M
’17
$3.3M
’18
$1.9M
’19
−$109k
’20
$1.6M
’21
$4.0M
’22
$274k
’23
$296k
’24
3.4
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.

Board chair

W James Mcnerney Jr

Chairman

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24
Listed5250464447474948
Joined·+5+2+8+3+2+5+2
No longer listed·76100233
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 20 funders to 50 funders, grant income rose $365k → $1.6M.

17 of 91 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 62% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of UNITED STATES EQUESTRIAN TEAM FOUNDATION INC’s funders (the co-funder graph). Top 30 of 91 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

UNITED STATES EQUESTRIAN TEAM FOUNDATION INC has a broad base — no single funder exceeds 29% of grant income, and it takes 4 funders to reach half.

the vertical line marks half of all grant income — 4 funders to its left

62% 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 UNITED STATES EQUESTRIAN TEAM FOUNDATION INC.

29%
largest funder
46%
top three
~8
effective funders

Largest funder’s share by year: 2017 27% · 2018 51% · 2019 27% · 2020 24% · 2021 30% · 2022 22% · 2023 25% — 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

59% of UNITED STATES EQUESTRIAN TEAM FOUNDATION INC's funders are still giving 3 years after their first grant; 73% 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

62% of UNITED STATES EQUESTRIAN TEAM FOUNDATION INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $6.5M that is directly attributable, 98% of it comes from funders outside New Jersey, across 23 states.

VT
MN
IL
MI
NY
MA
NV
IN
OH
PA
NJ
CT
RI
CA
CO
KY
VA
MD
DE
OK
GA
TX
FL

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

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

Funder states come from each funder’s own filing. $11M 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

UNITED STATES EQUESTRIAN TEAM FOUNDATION INC's revenue fell 35% between 2017 and 2024.

Operating margin3% · below the median
Months of reserve3.4mo · below the median
Revenue growth (annualized)−6% · bottom quartile

this organization peer median middle 50% of peers· 2,728 recreation & sports nonprofits $1M–$10M, FY2024

Organizations like UNITED STATES EQUESTRIAN TEAM 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 New Jersey

Nationally

05Profile & governance

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

Where the money goes

81% of spending goes to programs.

Program 81%Management 8%Fundraising 11%

Governance

44
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

75%

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

Footprint & structure

Files a return copy in 51 states

AK
ME
VT
NH
WA
ID
MT
ND
MN
IL
WI
MI
NY
MA
OR
NV
WY
SD
IA
IN
OH
PA
NJ
CT
RI
CA
UT
CO
NE
MO
KY
WV
VA
MD
DE
AZ
NM
KS
AR
TN
NC
SC
DC
HI
OK
LA
MS
AL
GA
TX
FL

Screen this organization

A dated, signed PDF of the compliance screen for UNITED STATES EQUESTRIAN TEAM 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 UNITED STATES EQUESTRIAN TEAM FOUNDATION INC?
UNITED STATES EQUESTRIAN TEAM FOUNDATION INC (New Jersey) receives grants from 91 organizations whose IRS filings report $17,011,590 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($4,998,019). 66 of them have funded it in more than one year, and 62% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does UNITED STATES EQUESTRIAN TEAM FOUNDATION INC have?
IRS filings report 91 organizations giving $17,011,590 in grants to UNITED STATES EQUESTRIAN TEAM FOUNDATION INC, 66 of which have funded it in more than one year.
Who is the largest funder of UNITED STATES EQUESTRIAN TEAM FOUNDATION INC?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $4,998,019 in grants. The full list of funders is on this page.
How can an organization like UNITED STATES EQUESTRIAN TEAM FOUNDATION INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New Jersey. 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 FY2024 (financials across 2017–2024), and the filings of 91 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