United States Equestrian Team Foundation Inc
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.
Key facts about United States Equestrian Team Foundation Inc
In short: United States Equestrian Team Foundation Inc gave $7.5M across 2 grants in 2025 (avg $3.8M), mostly in California. Source: 2025 IRS Form 990.
- EIN
- 22-1668879
- Latest 990 filing
- Form 990, 2025
- Annual giving (2025)
- $7,500,000
- Grants made (2025)
- 2
- Average grant
- $3,750,000
- Median grant
- $3,750,000
- Total assets
- $44,430,755
- Primary geography
- California (67% of itemized 2025 grant dollars)
Data from IRS Form 990, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990 · View filing
Total Assets
$44.4M
+24.7% YoY
Annual Giving
$7.5M
+87.5% YoY
Grant Count
2
+100.0% YoY
Avg Grant Size
$3.8M
-6.3% YoY
How United States Equestrian Team Foundation Inc gives
- Giving grew 150% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
About United States Equestrian Team Foundation Inc
Based on IRS filings
United States Equestrian Team Foundation Inc is a public charity focused on Recreation & Sports, based in Gladstone, NJ. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $44.4M in total assets. In 2025, it awarded 2 grants totaling $7.5M. Net investment income was $3.8M.
Focus Areas
Open Grants
6 open opportunities from United States Equestrian Team Foundation Inc
Amanda Pirie Warrington Grant
United States Equestrian Team Foundation Inc
Amount
Varies
Deadline
Deadline not published
Connaught Grant in Memory of R. Bruce Duchossois
United States Equestrian Team Foundation Inc
Amount
Varies
Deadline
Deadline not published
Direct Athlete Grants
United States Equestrian Team Foundation Inc
Amount
Varies
Deadline
Deadline not published
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $2.4M (2020) to $7.5M (2025). In 2025 it made 2 grants totaling $7.5M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was LA28 ($5.0M). Together the top 2 received $7.5M.
Grant Size Distribution
6 grants across all recorded years
The most common grant size was in the $1–5M range: 5 grants of 6 (83%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| LA28 Los Angeles, CA | Grant for La Olympics and Paralympic Games | $5,000,000 |
| US Equestrian Federation Inc Lexington, KY | Equestrian Grants | $2,500,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $44,430,755 | $35,631,244 | $35,093,109 |
| Revenue | $16,335,410 | $8,523,508 | $7,229,616 |
| Expenses | $11,347,312 | $8,227,611 | $6,955,954 |
| Net Investment Income | $3,815,089 | $2,760,552 | $631,865 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS July 12, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS July 12, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS July 10, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS July 9, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS July 16, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS July 15, 2026)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
United States Equestrian Team Foundation Inc is led by Kristi Mitchem, President & CEO since 2025 (on filings since 2022); 4 of 52 officers listed in 2025 are compensated.
Officers on the 2025 filing
Kristi Mitchem
President & CEO
Trustee → President & CEO, 2025
On filings since 2022
1 hr/week
No compensation reported
Bonnie B. Jenkins
Executive Director
On filings since 2020
40 hrs/week
$261K (2020) → $330K (2025)
W. James McNerney Jr.
Chairman
Chairman, President & CEO → Chairman, 2025
On filings since 2020
1 hr/week
No compensation reported
Lisa Munro
Director of Development
On filings since 2024
40 hrs/week
$158K (2024) → $165K (2025)
Alex Boone
Trustee
On filings since 2020
1 hr/week
No compensation reported
Anne Kursinski
Trustee
On filings since 2020
1 hr/week
No compensation reported
Beezie Madden
Trustee
On filings since 2020
1 hr/week
No compensation reported
Chester C. Weber
Trustee
On filings since 2020
1 hr/week
No compensation reported
Diane Thomas
Trustee
On filings since 2020
1 hr/week
No compensation reported
Elizabeth B. Juliano
Trustee
On filings since 2020
1 hr/week
No compensation reported
Elizabeth Fath
Trustee
On filings since 2020
1 hr/week
No compensation reported
Elizabeth L. Johnson
Trustee
On filings since 2020
1 hr/week
No compensation reported
Elizabeth Meyer
Trustee
On filings since 2020
1 hr/week
No compensation reported
Elizabeth Miller
Trustee
On filings since 2020
1 hr/week
No compensation reported
Frank G. Merrill
Trustee
On filings since 2020
1 hr/week
No compensation reported
Fritz Kundrun
Trustee
On filings since 2020
1 hr/week
No compensation reported
George H. Davis Jr.
Trustee
On filings since 2020
1 hr/week
No compensation reported
Georgina Bloomberg
Trustee
On filings since 2020
1 hr/week
No compensation reported
Gloria Callen
Trustee
On filings since 2020
1 hr/week
No compensation reported
Howard Keenan
Trustee
On filings since 2020
1 hr/week
No compensation reported
Jane Forbes Clark
Trustee
On filings since 2020
1 hr/week
No compensation reported
Juliet Reid
Trustee
On filings since 2020
1 hr/week
No compensation reported
Karen O'Connor
Trustee
On filings since 2020
1 hr/week
No compensation reported
Lisa T. Deslauriers
Trustee
On filings since 2020
1 hr/week
No compensation reported
Louis M. Jacobs
Trustee
On filings since 2020
1 hr/week
No compensation reported
Margaret H. Duprey
Trustee
On filings since 2020
1 hr/week
No compensation reported
Midsee Wrigley Miller
Trustee
On filings since 2020
1 hr/week
No compensation reported
Rebecca Reno
Trustee
On filings since 2020
1 hr/week
No compensation reported
Robin Parsky
Trustee
On filings since 2020
1 hr/week
No compensation reported
Signe Ostby
Trustee
On filings since 2020
1 hr/week
No compensation reported
Suzanne Thomas Porter
Trustee
On filings since 2020
1 hr/week
No compensation reported
Thomas Fx O'Mara
Trustee
On filings since 2020
1 hr/week
No compensation reported
William Craig Dobbs
Trustee
On filings since 2020
1 hr/week
No compensation reported
Zacharie Vinios
Trustee
On filings since 2020
1 hr/week
No compensation reported
Ann Thompson
Trustee
On filings since 2021
1 hr/week
No compensation reported
Jennifer Gates
Trustee
On filings since 2021
1 hr/week
No compensation reported
Laura Z. Wasserman
Trustee
On filings since 2021
1 hr/week
No compensation reported
Christa B. Schmidt
Trustee
On filings since 2023
1 hr/week
No compensation reported
Clay Green
Trustee
On filings since 2023
1 hr/week
No compensation reported
Michael A. Smith
Trustee
On filings since 2023
1 hr/week
No compensation reported
Patti Scialfa Springsteen
Trustee
On filings since 2023
1 hr/week
No compensation reported
Shelby Bonnie
Trustee
On filings since 2023
1 hr/week
No compensation reported
Toni Cupal
Trustee
On filings since 2024
1 hr/week
No compensation reported
Angela Vogel
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Ellen Ahearn
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Rowan O'Riley
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Terri D. Kane
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Mark P. Piwowar
Chief Financial Officer
On filings since 2020
40 hrs/week
$195K (2020) → $192K (2025)
Kara Pinato Scro
Assistant Executive Director
New on the 2025 filing
40 hrs/week
$160K (2025)
Akiko Yamazaki
Secretary
On filings since 2020
1 hr/week
No compensation reported
Philip E. Richter
Treasurer
On filings since 2020
1 hr/week
No compensation reported
William H. Weeks
Vice President
On filings since 2020
1 hr/week
No compensation reported
Former officers (10)
- Former: Mary Anne McPhail (2020–2024) — Trustee
- Former: Clifton J. Cotter Jr. (2022–2024) — Director of Facilities
- Former: Caroline Moran (2020–2023) — Trustee
- Former: Jack Wetzel (2020–2023) — Trustee
- Former: Sloan Lindemann Barnett (2020–2023) — Trustee
- Former: Cayce Harrison Judge (2020–2022) — Trustee
- Former: Patti Scialfa (2020–2022) — Trustee
- Former: S. Tucker S. Johnson (2020–2022) — Trustee
- Former: Eric L. Straus (2020–2021) — Trustee
- Former: Maurice Chip Perkins (2020–2021) — Trustee
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $330K, to Bonnie B Jenkins (Executive Director). 4 officers or directors reported compensation on that filing.
Frequently asked questions about United States Equestrian Team Foundation Inc
How much does United States Equestrian Team Foundation Inc give each year?
United States Equestrian Team Foundation Inc gave $7.5M across 2 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $4.0M across 1 grant.
How large is United States Equestrian Team Foundation Inc?
United States Equestrian Team Foundation Inc reported $44.4M in total assets on its 2025 IRS Form 990. Its revenue that year was $16.3M.
What is United States Equestrian Team Foundation Inc?
United States Equestrian Team Foundation Inc is a public charity focused on Recreation & Sports, based in Gladstone, NJ. It holds $44.4M in total assets as of 2025.
Where does United States Equestrian Team Foundation Inc operate?
United States Equestrian Team Foundation Inc has awarded grants in California, Kentucky.
What is United States Equestrian Team Foundation Inc's EIN?
United States Equestrian Team Foundation Inc's EIN (Employer Identification Number) is 22-1668879. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching United States Equestrian Team Foundation Inc by hand.
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