The United States Equestrian Team Foundation is a 501(c)(3) nonprofit organization, EIN 22-1668879.
Contributions made to the USET Foundation directly support the grants that the Foundation makes to the Federation for the High Performance programs and direct athlete grants. Annually, the USET Foundation awards grants covering approximately 50% of the High Performance program budget. Donors may give an unrestricted gift or restrict their gift to a specific discipline.
The USET Foundation adheres to good governance and the best practices that minimize the chance of unethical activities and consistently executes its mission in a fiscally responsible way.
| Major Donor/GMC | 88.1% |
|---|---|
| Annual Support | 7.7% |
| Other | 4.2% |
| Grants & Programs | 86.7% |
|---|---|
| Fundraising | 8.8% |
| Management/General | 4.5% |
(as of December 31st, 2025)
| Assets | 2025 | 2024 |
|---|---|---|
| Cash and cash equivalents | $ 7,574,918 | $ 2,298,358 |
| Contributions and pledges receivable, net | 6,704,009 | 7,660,976 |
| Accrued investment income receivable | 75,273 | 70,903 |
| Investments | 29,161,126 | 24,813,635 |
| Prepaid expenses | 259,109 | 63,998 |
| Right-of-use asset | 20,742 | 41,199 |
| Property and equipment, net | 635,578 | 682,175 |
| ___________ $ 44,430,755 ========== | ___________ $ 35,631,244 ========== |
| Liabilities and Net Assets | ||
|---|---|---|
| Accounts payable and accrued expenses | $ 69,221 | $ 26,222 |
| Grant payable | 5,000,000 | – |
| Deferred revenue - special events | 45,625 | – |
| Lease Liability | 20,742 ______ | 41,199 ______ |
| Total liabilities | 5,135,588 _________ | 67,421 ______ |
| Commitments (see Note L) |
| Net Assets | ||
|---|---|---|
| Without donor restrictions: | ||
| Undesignated fund, available for general activities | 2,327,135 | 1,758,603 |
| Board-designated funds, functioning as endowment | 7,655,587 _________ | 6,981,994 _________ |
| Total net assets without donor restrictions | 9,982,722 _________ | 8,740,597 _________ |
| With donor restrictions | ||
| Purpose restriction | $ 9,789,943 | 8,165,699 |
| Time-restricted for future periods | 4,813,945 | 5,057,534 |
| Perpetual in nature | 14,708,557 __________ | 13,599,993 __________ |
| Total net assets with donor restrictions | 29,312,445 __________ | 26,823,226 __________ |
| 39,295,167 __________ | 35,563,823 __________ | |
| $ 44,430,755 ========== | $ 35,631,244 ========= |
2025
The 2025 Financial information above is unaudited. The 2024 information is derived from the United States Equestrian Team Foundation’s audited financial statements. For a complete version, including the independent auditor’s opinion, please contact the Foundation’s office.
2024
2023
