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Kentucky Thoroughbred Owners & Breeders Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 352171379 ✦ Lexington, KY ✦ Designated as a 501(c)(3)

Overview

What is Kentucky Thoroughbred Owners & Breeders Foundation Inc?

Kentucky Thoroughbred Owners & Breeders Foundation Inc is a nonprofit organization located in Lexington, Kentucky, with the address 4079 Iron Works Parkway. Their primary mission is to fund and support equine research, with a particular focus on preventing or curing diseases in horses, such as Mare Reproductive Loss Syndrome and other related illnesses that have affected horse owners in Kentucky. They make grants to qualified veterinarians, scientists, and other 501(c)(3) organizations to carry out these scientific studies. The findings from these research studies will be made publicly available.


Is Kentucky Thoroughbred Owners & Breeders Foundation Inc legitimate?

Kentucky Thoroughbred Owners & Breeders Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kentucky Thoroughbred Owners & Breeders Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Kentucky Thoroughbred Owners & Breeders Foundation Inc?
Who is the CEO of Kentucky Thoroughbred Owners & Breeders Foundation Inc?
What is the revenue of Kentucky Thoroughbred Owners & Breeders Foundation Inc?
Who are the executives of Kentucky Thoroughbred Owners & Breeders Foundation Inc and what are their salaries?
Where can I find the form 990 for Kentucky Thoroughbred Owners & Breeders Foundation Inc?

Mission Statement of Kentucky Thoroughbred Owners & Breeders Foundation Inc

Kentucky Thoroughbred Owners & Breeders Foundation, Inc. (KTOB Foundation) is a charitable organization dedicated to supporting and funding equine research, with a particular focus on finding a prevention or cure for Mare Reproductive Loss Syndrome (MRLS) and other horse-related illnesses. The foundation aims to help researchers and scientists, as well as qualified 501(c)(3) organizations, conduct the essential medical research needed to eradicate these conditions that have affected numerous Kentucky horse owners in recent years.

KTOB Foundation's mission is rooted in the love and passion for horses that Kentucky horse owners hold dear. By granting funds to veterinarians, scientists, and other organizations, the foundation enables them to carry out the critical scientific studies required to find a cure or prevention for MRLS and related horse diseases. The foundation's commitment to transparency ensures that the findings from these studies will be made available to the public once completed, providing vital information and knowledge to the equine community.

KTOB Foundation's efforts have the potential to make a significant impact on the health and wellbeing of horses, as well as the horse industry as a whole. By supporting groundbreaking research, the foundation is paving the way for a future where horses can thrive without the burden of these debilitating conditions. Through the generosity of its donors, the foundation continues to move closer to its goal of eradicating MRLS and other horse diseases, ensuring a brighter future for Kentucky horse owners and their beloved animals.

Impact

This information is meant to be a general summary of Kentucky Thoroughbred Owners & Breeders Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Kentucky Thoroughbred Owners & Breeders Foundation Inc's impact is focused on supporting and funding equine research, particularly in the study and prevention of Mare Reproductive Loss Syndrome (MRLS) and other horse-related illnesses. By providing grants to qualified veterinarians, scientists, and other 501(c)(3) organizations, the foundation enables essential medical research that aims to find cures or preventions for these conditions. The results of these scientific studies are then disseminated to the general public, ultimately benefiting the welfare of horses and the equine industry in Kentucky.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $13,399
  • Program Service Revenue: $0
  • Gross Receipts: $13,399

    • Assets and Liabilities:
  • Total Assets: $563,364
  • Total Liabilities: $0
  • Net Assets: $563,364
  • Organization Details

    Founding Year

    2002

    Principal Officer

    Chauncey Morris

    Main Address

    4079 IRON WORKS PARKWAY, LEXINGTON, KY, 405118483

    NTEE Category

    Code: D99 - Animals

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