Polo Training Foundation

Organization Overview

Polo Training Foundation is located in Loxahatchee Groves, FL. The organization was established in 1967. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. As of 06/2022, Polo Training Foundation employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Polo Training Foundation 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 06/2022, Polo Training Foundation generated $1.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.9% each year. All expenses for the organization totaled $475.6k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE POLO TRAINING FOUNDATION'S PURPOSE IS TO ESTABLISH AND ADMINISTER A SERIES OF FUNDS, INCLUDING MEMORIAL, ADVISORY, INTERNATIONAL, ENDOWMENT, INTERCOLLEGIATE/ INTERSCHOLASTIC, AND OTHERS. THESE FUNDS ARE DEDICATED TO SUPPORT POLO IN COLLEGIATE OR SCHOLASTIC SPORTS CURRICULUMS, PROMOTE INTERNATIONAL GOODWILL THROUGH POLO COMPETITION, AND ABOVE ALL, ENCOURAGE DEVELOPMENT AND SPORTSMANSHIP THROUGH TEACHING YOUNG PEOPLE THE PRINCIPLES OF THE GAME OF POLO. SINCE 1967, THE POLO TRAINING FOUNDATION HAS BEEN COMMITTED TO EXCELLENCE IN THE GREAT SPORT OF POLO. THE PTF SUPPORTS POLO TRAINING AT ALL LEVELS BY PROVIDING FUNDS FOR THE DEVELOPMENT OF CURRENT AND FUTURE GENERATIONS OF PLAYERS AND UMPIRES. THROUGH ITS ACTIVITIES, THE PTF SEEKS TO ENCOURAGE THE HIGHEST STANDARDS OF SPORTSMANSHIP AND TO PROMOTE INTERNATIONAL GOOD WILL THROUGH POLO COMPETITION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

YOUTH CLINICS - PLAYING POLO IS A CONFIDENCE BUILDER FOR BOTH HORSE AND RIDER. ANY BREED OF HORSE ALONG WITH ANY AGE OF RIDER CAN HAVE A GREAT TIME WITH POLO. POLO IS A FANTASTIC TEAM SPORT, WHICH CAN MAKE IT A FUN FAMILY ACTIVITY. AT THE HIGHER LEVELS IT IS AN EXHILARATING AND FAST-PACED SPORT.THE CLINIC GOAL IS TO HELP STUDENTS UNDERSTAND THE CONCEPTS, RULES, AND PRINCIPLES OF POLO. TO ACCOMPLISH THIS GOAL, PARTICIPANTS WILL RECEIVE INSTRUCTION THROUGH VIDEOS, DISCUSSION AND HANDS-ON LEARNING.THE PARTICIPANTS WILL:VIEW A USPA BLUE BOOK VIDEO GUIDE WHILE WILBUR EXPLAINS THE RULES OF THE GAME. IDENTIFY AND DEMONSTRATE THE FOUR BASIC MALLET STROKES. UNDERSTAND THE LINE OF THE BALL (LOB) AND THE RIGHT OF WAY LEARN THE CONCEPT OF THE MAN, LINE, BALL THEORY AND BEGINNING STRATEGY FOR POLO. PRACTICE THESE CONCEPTS WITH THE USE OF FOOT MALLETS WHILE UNMOUNTED. LEARN THE PROPER WAY TO PREPARE AND PROTECT YOUR HORSE FOR THE GAME AND HOW TO INTRODUCE YOUR HORSE TO MALLETS AND BALLS. LEARN SKILLS WHILE MOUNTED, PROGRESSING TO COACHED SCRIMMAGE GAMES. DISCUSS PLANS FOR THE CREATION OF A POLO CLUB OR INTERSCHOLASTIC/INTERCOLLEGIATE CLUB IF DESIRED. ADULT CLINICS - THE PTF WILL PAY HALF THE COST OF A PLAYER'S CLINIC CONDUCTED AT ANY USPA MEMBER CLUB, UP TO A MAXIMUM REIMBURSEMENT OF $1,000 TO THAT CLUB. THESE ARE GENERALLY THREE DAY CLINICS HELD OVER A WEEKEND BUT CAN BE OF LONGER DURATION.


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Board, Officers & Key Employees

Name (title)Compensation
Jennifer Mcleavy
Executive Dir (eff 4.12.21
$95,478
Gillian Johnston
Vice President
$0
Melissa P Ganzi
Chairman
$0
Leighton Jordan
Secretary
$0
Anthony L Coppola
President
$0
Joseph W Kozlik
Treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $93,823
All other contributions, gifts, grants, and similar amounts not included above$325,567
Noncash contributions included in lines 1a–1f $71,314
Total Revenue from Contributions, Gifts, Grants & Similar$419,390
Total Program Service Revenue$13,451
Investment income $51,225
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $41,268
Net Gain/Loss on Asset Sales $678,329
Net Income from Fundraising Events $19,461
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,223,136

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Polo Training Foundation has recieved totaling $500.

Awarding OrganizationAmount
Pamela And Wayne Garrison Family Foundation

Big Horn, WY

PURPOSE: PROVIDE FUNDS TO ADVANCE MISSION

$500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$4,981,427
Ending Balance$4,981,427

Peer Organizations

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