New Beginnings Therapeutic Riding
New Beginnings Therapeutic Riding is a private foundation focused on Health, based in Palos Hills, IL. IRS filing data is available from 2020 through 2022. As of 2022, the organization holds $9K in total assets. In 2022, it made $38K in qualifying distributions.
New Beginnings Therapeutic Riding at a glance
- Total assets
- $9,440
- -67.2% vs 2021
- Revenue (2022)
- $25,750
- -12.6% vs 2021
- Qualifying distributions (2022)
- $38,000
- +60.9% vs 2021
- Expenses (2022)
- $45,073
- +90.8% vs 2021
- Latest 990 filing
- Form 990-PF, 2022 View filing
Data from IRS Form 990-PF, 2022; updated September 2026.
Who New Beginnings Therapeutic Riding funds
How this funder distributes its grants
Grant Size Distribution
1 grant across all recorded years
The most common grant size was under $50K: 1 grant of 1 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
How New Beginnings Therapeutic Riding gives
- In 2022 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2021 it made 1 grant totaling $10K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Palos Hills Riding Stables Palos Hills, IL | Replace Riding Arena | $10,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2022 | $9,440 | $25,750 | $45,073 | — | — | $38,000 | $251 |
| 2021 | $28,763 | $29,459 | $23,619 | $10,000 | 1 | $23,619 | $1,962 |
| 2020 | $22,923 | $9,763 | $8,784 | — | — | — | $1,133 |
Under IRS private-foundation payout rules, New Beginnings Therapeutic Riding reported a distributable amount of $251 for 2022 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
New Beginnings Therapeutic Riding is led by Martha Hoyt, President on every filing since 2020; none of the 3 officers listed in 2022 report compensation.
Officers on the 2022 filing
Martha Hoyt
President
On filings since 2020
20 hrs/week
No compensation reported
Dana Velkovich
Treasurer
On filings since 2020
20 hrs/week
No compensation reported
Sandra Farnik
Secretary
On filings since 2020
20 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2022. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about New Beginnings Therapeutic Riding
How large is New Beginnings Therapeutic Riding?
New Beginnings Therapeutic Riding reported $9K in total assets on its 2022 IRS Form 990-PF. It paid out $38K in qualifying distributions that year, against a required minimum of $251 (roughly 5% of its investment assets).
What is New Beginnings Therapeutic Riding?
New Beginnings Therapeutic Riding is a private foundation focused on Health, based in Palos Hills, IL. It holds $9K in total assets as of 2022.
Where does New Beginnings Therapeutic Riding operate?
New Beginnings Therapeutic Riding has awarded grants in Illinois.
What is New Beginnings Therapeutic Riding's EIN?
New Beginnings Therapeutic Riding's EIN (Employer Identification Number) is 81-3851381. IRS Form 990 filing data is available on this page for 2020–2022.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2022
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