Aaep Foundation Inc

Organization Overview

Aaep Foundation Inc is located in Lexington, KY. The organization was established in 1994. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Aaep 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 06/2022, Aaep Foundation Inc generated $2.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.7% each year . All expenses for the organization totaled $1.5m during the year ending 06/2022. While expenses have increased by 21.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Aaep Foundation Inc has awarded 68 individual grants totaling $2,117,403. 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO AID, SPONSOR, PROMOTE AND CONTRIBUTE TO EDUCATION IN FURTHERANCE OF THE TREATMENT, CARE AND WELFARE OF THE HORSE.

Describe the Organization's Program Activity:

CONTRIBUTIONS IN FURTHERANCE OF THE TREATMENT AND WELFARE OF THE HORSE - THE FOUNDATION WORKS HAND-IN-HAND WITH THE PRACTITIONERS TO CONFRONT THE NEEDS OF THE HORSE AND THE PROFESSION. THE FOUNDATION SERVES AS AN ADVOCATE FOR THE ASPIRING EQUINE VETERINARIAN, THE HORSE IN NEED AND THE RESEARCHER DETERMINED TO ADVANCE EQUINE MEDICINE.


SCHOLARSHIPS AND GRANTS FOR EQUINE VETERINARY STUDENTS.


STUDENT PROGRAMS AND EDUCATION FOR AAEP MEMBERS.


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Board, Officers & Key Employees

Name (title)Compensation
David Foley
Executive Director
$0
Keith Kleine
Director Of Industry Relat
$0
Sally Baker
Director Of Marketing
$0
Lori Rawls
Director Of Finance And Op
$0
Amy L Grice Vmd MBA
Treasurer
$0
Katherine Garrett DVM Dacvs
Vice President
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$224,025
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,772,118
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,996,143
Total Program Service Revenue$0
Investment income $245,232
Tax Exempt Bond Proceeds $0
Royalties $35,000
Net Rental Income $0
Net Gain/Loss on Asset Sales $111,861
Net Income from Fundraising Events -$40,880
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,347,537

Grants Awarded

Over the last fiscal year, Aaep Foundation Inc has awarded $335,151 in support to 11 organizations.

Grant RecipientAmount

WORLD EQUINE VETERINARY ASSOCIATION

PURPOSE: GRANT TO FURTHER EQUINE PROMOTION

$7,500

TEXAS EQUINE VETERINARY ASSOCIATION FOUNDATION

PURPOSE: GRANT TO FURTHER EQUINE PROMOTION

$10,000

AUBURN UNIVERSITY

PURPOSE: GRANT TO FURTHER EQUINE PROMOTION

$13,977

TEVA CARES FOUNDATION

PURPOSE: GRANT TO FURTHER EQUINE PROMOTION

$14,499

REGENTS OF THE UNIVERSITY OF MINNESOTA

PURPOSE: GRANT TO FURTHER EQUINE PROMOTION

$19,990

TEXAS A&M AGRILIFE RESEARCH

PURPOSE: GRANT TO FURTHER EQUINE PROMOTION

$19,760
View Grant Profile

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