Hamilton Rare Breeds Foundation Inc is located in Southport, CT. The organization was established in 1999. According to its NTEE Classification (D30) the organization is classified as: Wildlife Preservation & Protection, under the broad grouping of Animal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hamilton Rare Breeds Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2024, Hamilton Rare Breeds Foundation Inc generated $238.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.4%) each year. All expenses for the organization totaled $303.1k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (6.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Hamilton Rare Breeds Foundation Inc has awarded 18 individual grants totaling $516,500. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTRIBUTION TO THE LIVESTOCK CONSERVANCY FOR THEIR GENERAL UNRESTRICTED PURPOSES SPONSERED POITOU SUMMIT REGARDING THE CARE OF POITOU DONKEYS
HIGH HOPES INC---FUNDED THERAPEUTIC RIDING FOR PEOPLE WITH DISABILITIES
UNIVERSITY OF ILLINOIS -COLLEGE OF VET MEDICINE
TUFTS VETERINARY SCHOOL--FUND OPERATIONS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph A Palsa President | 0 | $0 | |
James P Palsa Vice Preside | 0 | $0 | |
Catherine Audevard Secretary | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $39,591 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $198,611 |
| Capital Gain Net Income | $198,611 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $238,202 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $10,520 |
| Depreciation | $0 |
| Occupancy | $6,000 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6,380 |
| Total operating and administrative expenses | $63,100 |
| Contributions, gifts, grants paid | $240,000 |
| Total expenses and disbursements | $303,100 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $38,318 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,661,881 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Over the last fiscal year, Hamilton Rare Breeds Foundation Inc has awarded $240,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
LIVESTOCK CONSERVANCY PURPOSE: UNRESTRICTED | $100,000 |
HIGH HOPES INC THERAPUTIC RIDING PURPOSE: UNRESTRICTED | $25,000 |
UNIV OF ILLINOIS-COLL VET PURPOSE: UNRESTRICTED | $35,000 |
TUFTS VET SCHOOL PURPOSE: UNRESTRICTED | $35,000 |
HIGH HORSES THERAPEUTIC RIDING PURPOSE: UNRESTRICTED | $25,000 |
EQUUS SURVIVAL TRUST PURPOSE: UNRESTRICTED | $20,000 |