Steeplechase Fund
- Assets
- $408.3k
- Revenue
- $90.4k
- Investments
- $364.4k
- Employees
- 0
- Location
- Elkton, MD
- Founding
- 01/1956
- Data as of
- 12/2021
- EIN
- 13-6067724
Organization Overview
Steeplechase Fund is located in Elkton, MD. The organization was established in 1956. According to its NTEE Classification (N69) the organization is classified as: Equestrian, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Steeplechase Fund 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 12/2021, Steeplechase Fund generated $90.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.2% each year . All expenses for the organization totaled $54.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Steeplechase Fund has awarded 83 individual grants totaling $346,245. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEDICAL EXPENSES
MONTHLY ASSISTANCE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mason H Lampton Trustee | 1 | $0 | |
Alfred C Griffin Jr Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $7,314 |
| Interest on Savings | $9 |
| Dividends & Interest | $20,519 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $59,853 |
| Capital Gain Net Income | $59,853 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,700 |
| Total Revenue | $90,395 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $841 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $10,068 |
| Total operating and administrative expenses | $20,148 |
| Contributions, gifts, grants paid | $34,071 |
| Total expenses and disbursements | $54,219 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,800 |
| Savings and temporary cash investments | $39,142 |
| 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 | $408,298 |
| 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 |
Grants Awarded
Over the last fiscal year, Steeplechase Fund has awarded $34,071 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
VARIOUS JOCKEYS-NORTH AMERICA PURPOSE: MEDICAL INSURANCE | $7,609 |
AMWINS GROUP BENEFITS INC PURPOSE: MEDICAL EXPENSES | $5,333 |
SEAN MCDERMOTT PURPOSE: FINANCIAL ASSISTANCE & MEDICAL EXPEN | $4,862 |
THOMAS GARNER PURPOSE: MEDICAL EXPENSES | $4,578 |
ROSS GERAGHTY PURPOSE: FINANCIAL ASSISTANCE & MEDICAL EXPEN | $2,639 |
MARGARET CAMERON PURPOSE: FINANCIAL ASSISTANCE | $2,450 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Steeplechase Fund has recieved totaling $600.
| Awarding Organization | Amount |
|---|---|
Hamilton Family Foundation Wayne, PA PURPOSE: CHARITABLE DONATION | $500 |
Sharp Foundation Wilmington, DE PURPOSE: ASSIST WITH FINANCIAL HELP IN THEIR NON-PROFIT NEEDS | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Virginia Horse Center Foundation Lexington, VA | $21,949,749 | $6,089,538 |
Pennsylvania Harness Horsemens Association Chester, PA | $47,723,168 | $7,569,633 |
Upperville Colt & Horse Show Inc Upperville, VA | $4,423,395 | $3,060,055 |
Washington International Horseshow Association Ltd Annapolis, MD | $661,387 | $2,450,328 |
Meadowbrook Foundation Inc Chevy Chase, MD | $4,161,973 | $2,176,434 |
Maryland Thoroughbred Horsemans Association Owings Mills, MD | $1,933,805 | $1,645,385 |
Pennsylvania Horse Breeders Association Inc Kennett Square, PA | $833,317 | $1,478,049 |
Thorncroft Equestrian Center Malvern, PA | $14,841,730 | $1,605,648 |
Virginia Gold Cup Association Inc Warrenton, VA | $148,262 | $1,262,964 |
National Steeplechase Association Inc Elkton, MD | $2,246,962 | $1,167,801 |
Dressage At Devon Downingtown, PA | $164,087 | $746,882 |
Plantation Field Equestrian Events Inc Unionville, PA | $211,293 | $521,664 |