Financial Overview AQHF
Financial Overview – AQHF
The American Quarter Horse Foundation (AQHF) awards scholarships, equine research grants, and equine assisted services grants through a growing number of named and general endowment funds. Hall of Fame & Museum exhibits, educational outreach, and operations are also supported through endowed funds. These funds are restricted by generous donors, or the Board of Trustees, to be invested in perpetuity to provide long-term sustainability for the programs and operations of the Foundation.
Investment Policy Statement
The AQHF Board of Trustees and the Investment Oversight Council, along with an independent investment advisor, are responsible for managing the investments of the Foundation in accordance with its Investment Policy Statement.
Goals: The primary investment goals of the AQHF shall be to:
- Provide the highest possible portfolio return while avoiding undue risk of capital, in-line with meeting the objectives of the Spending Policy outlined below.
- Achieve growth of both corpus value and income over time to advance the Foundation’s mission and to satisfy donor’s charitable intent
Spending Policy: The Board has established a spending policy of up to 5% of the trailing 60-month average market value of the invested funds (including up to 0.5% management fee).
The American Quarter Horse Foundation’s EIN (Employer Identification Number) is 51-0187823. The American Quarter Horse Foundation (“the Foundation” or “AQHF”) is the related philanthropic organization of the American Quarter Horse Association and is classified under the Internal Revenue Service Code as a tax-exempt 501(c)(3) charitable organization eligible to receive tax-deductible contributions. It is also classified as a 509(a)(3) Type I support organization with the American Quarter Horse Association. Donations are tax-deductible to the full extent of the law.