American Quarter Horse Foundation

AMARILLO, TX EIN: 51-0187823 Website

THE FOUNDATION CONNECTS HORSES AND PEOPLE THROUGH CHARITABLE GIVING TO SUPPORT PROGRAMS THAT PRESERVE OUR HORSE'S LEGACY AND FURTHER THE WELL-BEING OF THE AMERICAN QUARTER HORSE AND THE QUARTER HORSE FAMILY.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$71.9M

+26.6% YoY

Annual Giving

$158K

-44.0% YoY

Grant Count

7

-41.7% YoY

Avg Grant Size

$23K

-4.0% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$3M$7M$10M$13M20202021202220232024
Metric202420232022
Total Assets$71,872,707$56,783,133$47,790,954
Revenue$11,932,105$6,808,098$2,524,277
Expenses$2,342,348$2,296,874$2,494,106
Qualifying Distributions
Net Investment Income$4,520,927$1,076,371$485,825
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$83K$167K$250K$333K7 grants20209 grants202111 grants202212 grants20237 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

Texas A&M Agrilife Resea…$39KAmerican Quarter Horse A…$38KUniversity of California$27KIowa State University$19KTarleton State University$19KNorth Carolina State Uni…$10KPurdue University$7K

Grant Size Distribution

46 grants across all recorded years

38<$50K7$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does American Quarter Horse Foundation fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Christine SitzCOO & Secretary$182K

From 2024 filing

NameTitleHoursCompensation
Karl StressmanExecutive Vice President5
Christine SitzCOO & Secretary55$182,142
Kenneth BanksPresident (To 3/2024)2
James HuntPresFrom3/2024)1st VP(To 3/2024)2
Jeff Tebow1st VPFrom 320242nd VP (To 3/2024)2
Jim Brinkman2nd VPFrom3/2024)Board Member(To 3/2024)2
Lori BucholzBoard Member2
Robin MerrillAppointed Trustee (To 4/2024)2
Catherine NicholasAppointed Trustee2
Larry BellAppointed Trustee2
Kathy HeadleyAppointed Trustee2
Ross RoarkTrustee (From 3/2024)2
Daniel HensonAppointed Trustee(From 4/2024)2
Andrew BarbeCFO & Treasurer5

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

20states
+12 more states

Cities

AmarilloAmesAthensAuburnBaton RougeBeavertonBlacksburgBoones MillBoones MillsBowling GreenBozemanChampaignChicagoCollege StationDavisEast LansingFort CollinsGainesvilleGrand RapidsIthaca

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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