2016-07-11T08:33:54-04:00 2015-12-31 EISNERAMPER LLP 750 THIRD AVENUE NEW YORK NY 100172703 990 2015-01-01 221668879 United States Equestrian Team Fdn Inc % MARK P PIWOWAR UNIT 9082341251 1040 POTTERSVILLE ROAD PO BOX 355 Gladstone NJ 07934 BONNIE B JENKINS executive director 9082341251 2016-07-12 true JULIE FLOCH P00736879 2129498700 2015 2016-09-27 15:27:22Z BONNIE B JENKINS 1040 POTTERSVILLE ROAD Gladstone NJ 07934 8876512 false X www.USET.org X 1950 NJ SEE SCHEDULE O 45 45 23 26 0 0 4806761 6528354 0 0 245376 285643 744746 82175 5796883 6896172 3231185 3149934 0 0 1121750 1372661 195500 66000 957637 1528110 1269575 6076545 5858170 -279662 1038002 20175789 20913691 44399 169276 20131390 20744415 X THE UNITED STATES EQUESTRIAN TEAM FOUNDATION, INC. IS A NON-PROFIT ORGANIZATION THAT SUPPORTS THE COMPETITION, TRAINING, COACHING, TRAVEL AND EDUCATIONAL NEEDS OF AMERICA'S ELITE AND DEVELOPING INTERNATIONAL HIGH PERFORMANCE HORSES AND ATHLETES IN PARTNERSHIP WITH THE US EQUESTRIAN FEDERATION. false false 4218075 3149934 The Pan American Games in Toronto was the major championship event for the U.S. Teams in 2015. The mission was to qualify the Dressage and Eventing teams for the 2016 Olympic Games in Rio. Mission accomplished with the Dressage and Eventing Teams both winning Team Gold. The Jumping Team, already qualified for the Games, had a solid performance winning Team Bronze. Individually, Steffen Peters won Gold and Laura Graves Silver in Dressage. Marilyn Little won Gold in Eventing and McLain Ward won the Gold with Lauren Hough winning the Bronze in Jumping. All Olympic and Paralympic disciplines have qualified full teams for Rio! In addition to the Pan American Games, the development programs that will strengthen the pipeline of talented and experienced riders for future championship teams are flourishing. Under COACH Debbie McDonald there were observation events, training sessions, and two grants were awarded to U-25 athletes for European competition in Dressage. The Developing Driver program had 25 drivers participate in clinics held in five states. An Endurance team was sent to the Young Rider World Championships in Chile and the experience was invaluable and will bode well for the future. In Eventing, the Developing Rider program was implemented with Leslie Law, and training sessions were held nationwide for riders in the program. Jumping sent riders to Europe to compete in CSIO3* Nations Cup competition, as well as fielded teams for CSIO Wellington in the Childrens, Junior and Young Rider categories. Para-Dressage continues to gain new athletes and training sessions were held with coach Kai Handt and international clinicians Clive Milkins and Hanneke Gerristsen. The Elizabeth B. Juliano Human Sports Science and Medicine program was established in 2015 which involved hiring of world renowned physiotherapist Andy Thomas who is working with riders on their fitness and symmetry as it links to performance enhancement with an eye on the 2016 Olympic Games. THE VISION: To promote international relationships, goodwill and better understanding of the United States through competition of equestrian teams and individuals of the United States with similar teams and individuals from other nations in the Olympic Games, Paralympic Games, Pan American Games, World Championships and other international equestrian competitions while fostering the highest ideals of horsemanship and the welfare of the horse. THE MISSION: The USET Foundation supports the competition, training, coaching, travel and educational needs of Americas elite and developing International High Performance horses and athletes in partnership with the United States Equestrian Federation. THE GOALS: - Supporting Athletes - Promoting International Excellence - Building for the Future The USET Foundation provided grants in support of International High Performance programs totaling $3,149,934 during the fiscal year ended December 31, 2015. DRESSAGE: o Team Gold Medal Pan American Games, Toronto, CANADA - Steffen Peters/Legolas 92 Owner: Four Winds Farm - Laura Graves/Verdades Owner: Laura Graves - Kimberly Herslow/Rosmarin Owner: Kiroli Enterprises LLC - Sabine Schut-Kery/Sanceo Owner: Alice Womble o Individual Gold Medal, Pan American Games: Steffen Peters/Legolas 92 Owner: Four Winds Farm o Individual Silver Medal, Pan American Games: Laura Graves/Verdades Owner: Laura Graves o 4th Place FEI Nations Cup Dressage Series o 4th place Reem Acra FEI World Cup Dressage Final: Laura Graves/Verdades Owner: Laura Graves o Team Gold Medal, Wellington CDIO3* Nations Cup o Team Bronze Medal, Rotterdam CDIO5* Nations Cup o Grand Prix National Champion: Laura Graves/Verdades Owner: Laura Graves o Intermediaire I National Champion: Christina Vinios/Folkestone OLD Owner: Christina Vinios DRIVING: o 9th place Team, Pairs World Championships, Fabiansebestyen, Hungary - Kathi Dancer placed 5th in cones and 18th individually out of 64 competitors o 1st place Chester Weber, Four-in-Hand, Live Oak International CAI2, Ocala, USA and Royal Windsor Horse Show, Windsor, GBR o 2nd place Chester Weber, Four-in-Hand, World Cup Qualifier, Lahden, GER o 2nd place Chester Weber, Four-in-Hand, World Cup Qualifier, Riesenbeck, GER o Four-in-Hand National Champion, Chester Weber o Horse Pair National Champion, Steve Wilson o Singles National Champion, Suzy Stafford o Pony Pairs National Champion, Amy Cross o Single Pony National Champion, Tracey Morgan o Four-in-Hand Pony National Champion, Heather Schneider JUMPING: o Team Bronze Medal Pan American Games, Toronto, CAN - Kent Farrington/Gazelle Owners: Kent Farrington and Robin Parsky - Georgina Bloomberg/Lilli Owner: Gotham Enterprizes, LLC - Lauren Hough/Ohlala Owners: The Ohlala Group - McLain Ward/Rothchild Owner: Sagamore Farms - Reserve: Todd Minikus/Babalou Owner: Two Swans Farm o Individual Gold Medal Pan American Games: McLain Ward/Rothchild Owner: Sagamore Farms o Individual Bronze Medal Pan American Games: Lauren Hough/Ohlala Owner: The Ohlala Group o Nations Cup Competitions - 1st PLACE CSIO4*, CSIOY, CSIOJ and CSIOCh, Wellington, USA - 1st PLACE CSIO4* Coapexpan, MEX - 1st PLACE CSIO5* Manneheim, GER - 2nd PLACE CSIO4* Ocala, USA - 3rd PLACE CSIO5* Hickstead, GBR - 4th PLACE CSIO5* Nations Cup Final, Barcelona, ESP - Three top 10 finishes at World Cup Final, Las Vegas, USA VAULTING: o Pas De Deux Gold Medal, Junior World Championships, Ermelo, NED: Bodhi Hall/Michelle Guo, lunger Lasse Kristensen, Jarl Owned by Lasse Kristensen & Emma Selley o Pas De Deux Bronze Medal, Junior World Championships: Sarah Dunn/Janie Salisbury, lunger Lasse Kristensen, Ghost Alfarvad Z Owned by Thommy Sminde Voltigeklubben o Team Bronze Medal, Junior World Championships: Woodside Team (Tessa Divita, Sarah Dunn, Audrey Kiernan, Rachel Polati and Miki Yang), lunger Emma Seeley, Ghost Alfarvad Z Owned by Thommy Sminde Voltigeklubben ENDURANCE: o Young Rider World Championship, Santo Domingo, CHI Team: Katie Baldino/Kalilas Legacy; Mallory Capps/Magical Mikada; Mary Kathryn Clark/Questafir; Christina Kimery/Bey Gibby; Maria Muzzio/Laconic o Young Rider World Championship: 21st Place Mary Kathryn Clark/Questafir EVENTING: o Team Gold Medal Pan American Games, Toronto, CAN - Phillip Dutton/Fernhill Fugitive Owners: Ann Jones and Tom Tierney - Lauren Kieffer/Meadowbrooks Scarlett Owner: Marie le Menestrel - Marilyn Little/RF Scandalous Owners: Phoebe Manders, Robin Parsky and Jacqueline Mars - Boyd Martin/Pancho Villa Owner: Pancho Villa Syndicate o Individual Gold Medal Pan American Games: Marilyn Little/RF Scandalous Owners: Phoebe Manders, Robin Parsky and Jacqueline Mars o Pan American Games: All four riders finished in the top 10 individually o 2nd place Team CCIO3* Boekelo, NED and two individuals in top 10 o 3rd place Team CICO3* Aachen, GER and two individuals in top 20 o Top 10 CCI4* Luhmuhlen, GER o Top 15 Individually CCI4* Burghley, GBR o 1st place and four riders finished in top 11, CCI3* Blenheim o Eight of top 15 finishers, CCI4* Rolex Kentucky with Phillip Dutton and Fernhill Cubalawn finishing fifth PARA-DRESSAGE: o Team Gold Medal NAJYRC, Lexington, KY: Sydney Collier/Wentworth Owner: Sydney Collier Cambry Kaylor/Markgaards Donnewind Owner: Brian Kaylor Kate Shoemaker/Pacifec M Owner: Kate Shoemaker o Team Gold Medal High Performance National Championship, CPEDI3*, Katy, TX: Rebecca Hart/Schroeters Romani Owner: Rebecca Hart; Margaret McIntosh/Rio Rio Owner: Margaret McIntosh Roxanne Trunnell/Royal Dancer Owner: Julia Handt Sydney Collier/Wentworth Owner: Sydney Collier REINING: o Making preparations for 2016 World Championships 4218075 true true false false false false true false false true true false false false false true true false false false false false false true true false false true true true false false false false false false false false true false false false false false false false false true 43 0 true 23 true false false false false false true true false false false false X 45 45 false false false false false false false true true false false true true true true true true true true false AL AK AZ AR CA CO CT DE DC FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY X X MARK P PIWOWAR 9082341251 C/O USET FDN 1040 POTTERSVILLE ROA GLADSTONE NJ 07934 BROWNLEE O CURRY JR CHAIRMAN 5.0 0.0 X X 0 0 0 S TUCKER S JOHNSON PRESIDENT/CEO 5.0 0.0 X X 0 0 0 ELIZABETH BETSY B JULIANO SECRETARY 5.0 0.0 X X 0 0 0 PHILIP E RICHTER TREASURER 5.0 0.0 X X 0 0 0 W JAMES McNERNEY JR VICE PRESIDENT 5.0 0.0 X X 0 0 0 ABIGAIL S WEXNER TRUSTEE 1.0 0.0 X 0 0 0 AKIKO YAMAZAKI TRUSTEE 1.0 0.0 X 0 0 0 ANNE KURSINSKI TRUSTEE 1.0 0.0 X 0 0 0 ANTHONY V WEIGHT TRUSTEE 1.0 0.0 X 0 0 0 BEEZIE MADDEN TRUSTEE 1.0 0.0 X 0 0 0 BERTRAM R FIRESTONE TRUSTEE 1.0 0.0 X 0 0 0 BRIANNE GOUTAL TRUSTEE 1.0 0.0 X 0 0 0 CHESTER C WEBER TRUSTEE 1.0 0.0 X 0 0 0 CHRYSTINE J TAUBER TRUSTEE 1.0 0.0 X 0 0 0 DEBBIE McDONALD TRUSTEE 1.0 0.0 X 0 0 0 DEBI DOBBS TRUSTEE 1.0 0.0 X 0 0 0 E HUNTER HARRISON TRUSTEE 1.0 0.0 X 0 0 0 ELIZABETH L JOHNSON TRUSTEE 1.0 0.0 X 0 0 0 ELIZABETH MILLER TRUSTEE 1.0 0.0 X 0 0 0 ERIC L STRAUS TRUSTEE 1.0 0.0 X 0 0 0 FRANK G MERRILL TRUSTEE 1.0 0.0 X 0 0 0 GEORGE H DAVIS Jr TRUSTEE 1.0 0.0 X 0 0 0 GEORGE H MORRIS TRUSTEE 1.0 0.0 X 0 0 0 GEORGINA BLOOMBERG TRUSTEE 1.0 0.0 X 0 0 0 GWENDOLYN MEYER TRUSTEE 1.0 0.0 X 0 0 0 JACK WETZEL TRUSTEE 1.0 0.0 X 0 0 0 JACQUELINE B MARS TRUSTEE 1.0 0.0 X 0 0 0 JANE FORBES CLARK TRUSTEE 1.0 0.0 X 0 0 0 JEANNIE TISBO TRUSTEE 1.0 0.0 X 0 0 0 JULIET REID TRUSTEE 1.0 0.0 X 0 0 0 KIMBERLY BOYER TRUSTEE 1.0 0.0 X 0 0 0 LYLE LOVETT TRUSTEE 1.0 0.0 X 0 0 0 MARGARET H DUPREY TRUSTEE 1.0 0.0 X 0 0 0 MARY ANNE McPHAIL TRUSTEE 1.0 0.0 X 0 0 0 MISDEE WRIGLEY MILLER TRUSTEE 1.0 0.0 X 0 0 0 MK PRITZKER TRUSTEE 1.0 0.0 X 0 0 0 MURRAY KESSLER TRUSTEE 1.0 0.0 X 0 0 0 PATTI SCIALFA TRUSTEE 1.0 0.0 X 0 0 0 RICHARD M FELDMAN TRUSTEE 1.0 0.0 X 0 0 0 ROBIN PARSKY TRUSTEE 1.0 0.0 X 0 0 0 SHERRY ADAMS TRUSTEE 1.0 0.0 X 0 0 0 SIGNE OSTBY TRUSTEE 1.0 0.0 X 0 0 0 WENDY RAETHER TRUSTEE 1.0 0.0 X 0 0 0 WILLIAM COLEMAN JR TRUSTEE 1.0 0.0 X 0 0 0 WILLIAM H WEEKS TRUSTEE 1.0 0.0 X 0 0 0 BONNIE B JENKINS EXECUTIVE DIRECTOR 40.0 0.0 X 280000 0 49655 MARK P PIWOWAR CHIEF FINANCIAL OFFICER 40.0 0.0 X 210000 0 54638 490000 0 104293 2 false true false 0 1418770 5109584 939024 6528354 0 256362 256362 0 0 31901 31901 0 31901 31901 1831359 1802078 29281 29281 29281 178262 1418770 178262 0 0 0 0 OTHER INCOME 50274 50274 50274 6896172 367818 3038934 3038934 111000 111000 0 0 490000 207131 65286 217583 0 504966 212742 48564 243660 49193 15908 14677 18608 263858 102003 47055 114800 64644 24229 17467 22948 0 32909 32909 34000 34000 0 66000 66000 84118 84118 25000 25000 0 95077 95077 92214 92214 0 72675 72675 52260 52260 0 0 0 0 137282 101598 12356 23328 137999 124199 13800 SOLICITATION 225710 225710 COMMUNICATIONS & PUBLIC REL. 104757 104757 SPECIAL EVENTS SUPPORT 49014 49014 REPAIRS & MAINTENANCE 112946 112946 13614 13614 5858170 4218075 682458 957637 X 0 0 2595077 4017025 6314587 4906257 61708 44609 0 0 0 0 0 0 0 0 28598 380304 4740693 3805574 992936 935119 10182883 10630377 0 0 0 0 0 0 0 0 20175789 20913691 44399 44276 0 0 0 125000 0 0 0 0 0 0 0 0 0 0 0 0 44399 169276 X 4700996 6978557 12519343 10796557 2911051 2969301 20131390 20744415 20175789 20913691 X 1038002 -424977 X false true X true false X 7035937 5759397 6151538 4806761 6528354 30281987 0 0 7035937 5759397 6151538 4806761 6528354 30281987 1541713 28740274 187486 165069 147538 219747 256362 976202 0 0 150 0 0 150 0 0 134978 153734 50274 338986 31597325 0 0.90958 0.95976 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 1 120.00 0 0 0 1 false 0.00 0 8867211 433250 -199152 9101309 8297189 182500 452066 64544 8867211 5841554 1344266 1111369 8297189 5134807 119444 587303 5841554 4970633 100000 64174 5134807 0.36840 0.36500 0.26660 false false 4626814 3701671 925143 15295 15295 0 98585 88609 9976 935119 0 0 X 6409210 -424977 22133 -402844 6812054 84118 84118 6896172 5796185 22133 22133 5774052 84118 84118 5858170 Schedule D, Part II, LINE 9 CONSERVATION EASEMENTS: In February 2001, the Foundation was granted an easement for approximately 120 acres of the land and buildings that had previously been set aside for the Foundation's use. This conveyance provides for the use of the land and buildings in perpetuity, at no cost to the Foundation other than for related maintenance and repairs. The Foundation does not have title to the land or buildings and, accordingly, does not have any rights associated with ownership. The Foundation may only use the land and buildings for equestrian purposes; the character of the property is to remain as it was at the date of the grant, and any alterations or modifications to the existing landscape must be approved by the grantor. This conveyance is not included as a contribution or an asset in the accompanying financial statements. SCHEDULE D, PART V, LINE 4 ENDOWMENT: ThE Endowment Fund was established based on its mission and consists of both donor restricted endowment fund and a fund designated by the board of trustees to function as endowment. Donors may direct that the investment income on their gifts be unrestricted or designated for a particular discipline or purpose. SCHEDULE D, PART IV, LINE 11F Income tax uncertainties: The Foundation is subject to the provisions of the Financial Accounting Standards Board's (the "FASB") Accounting Standards Codification ("ASC") Topic 740, Income Taxes, as it relates to accounting and reporting for uncertainty in income taxes. Because of the Foundation's general tax-exempt status, management believes ASC Topic 740 has not had, and is not anticipated to have, a material impact on the Foundation's financial statements. X X X X X X true NEW RIVER COMMUNICATIONS CONSULTING false 0 66000 0 0 66000 0 All States ROCKIN' RIO 1089279 1089279 AEGT Event 370723 329491 41232 9000 15850 16382 4 137030 137030 22556 60940 53534 1597032 1418770 178262 9000 38406 60940 69916 178262 true US Equestrian Federation Inc 4047 iron works parkway Lexington KY 40511 562350714 501(C)(3) 3038934 EQUESTRIAN GRANTS 1 Jacqueline Mars Developing Rider Grant 2 56000 AMANDA PIRIE-WARRINGTON GRANT 1 5000 KAREN STIVES EVENTING GRANTS-PURE ENDOWMENT 2 50000 SCHEDULE I, PART I, QUESTION #2 UNITED STATES EQUESTRIAN TEAM FOUNDATION, INC. BOARD MEMBERS, WHO ARE ALSO ON SEVERAL OF THE UNITED STATES EQUESTRIAN FEDERATION FINANCIAL COMMITTEES, MONITOR THE USE OF GRANT FUNDS VIA A YEAR END REPORT AS WELL AS MONITOR THE OUTSIDE ORGANIZATION'S BUDGETS AND EXPENSE RECEIPTS. ADDITIONAL ANALYSIS INCLUDES COMPARING ACTUAL TO ESTIMATED AMOUNTS. X X false false false false false false false true false BONNIE B JENKINS EXECUTIVE DIRECTOR 235000 0 45000 0 0 0 6720 0 42935 0 329655 0 0 0 MARK P PIWOWAR CHIEF FINANCIAL OFFICER 180000 0 30000 0 0 0 9600 0 45038 0 264638 0 0 0 Schedule J, Part II, Line 3 A compensation committee consisting of the officers and the executive committee review the performance of the CEO, Executive Director, officers and key employees during the year and base the compensation increase on their performance. X 28 939024 FAIR MARKET VALUE false true false FORM 990, PART VI, QUESTION 19 AVAILABILITY OF GOVERNING DOCUMENTS: THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VI, QUESTION 12C MONITORING CONFLICT OF INTEREST POLICY: THE CONFLICT OF INTEREST POLICY IS UPDATED AND REVIEWED EACH YEAR. THE BOARD OF TRUSTEES AND STAFF ARE REQUIRED TO SIGN A NEW POLICY EVERY YEAR ENSURING THEY ARE STILL IN COMPLIANCE. FORM 990, PART VI QUESTION 15a and 15b COMPENSATION PRACTICES: A compensation committee consisting of the officers and the executive committee review the performance of the CEO, Executive Director, officers and key employees during the year and base the compensation increase on their performance. FORM 990, PART VI, QUESTION 11A REVIEW OF FORM 990: THE UNITED STATES EQUESTRIAN TEAM FOUNDATION HELD A BOARD OF TRUSTEES MEETING ON JUNE 21, 2016, AT THE FOUNDATION HEADQUARTERS IN GLADSTONE, NJ. ONE OF THE AGENDA ITEMS INCLUDED DETAILED DISCUSSION PRESENTING COMPONENTS OF FEDERAL FORM 990. DISCUSSION INCLUDED CHANGES TO THE TAX CODE, INDIVIDUAL STATE REQUIREMENTS AND THE NEED FOR THE PUBLIC TO BE WELL INFORMED OF ANY ORGANIZATION THEY ARE CONSIDERING DONATING TO. THE BOARD REVIEWED FORM 990. THE BOARD UNANIMOUSLY AUTHORIZED A JOINT MEETING OF THE EXECUTIVE AND FINANCE COMMITTEE ON JUNE 28, 2016, AND AT THAT MEETING THE FEDERAL FORM 990 WAS APPROVED FOR FILING. FORM 990, PART XI, LINE 5 UNREALIZED LOSSES ($424,977) FORM 990, PART I, LINE 1 MISSION: THE UNITED STATES EQUESTRIAN TEAM FOUNDATION IS A NON-PROFIT ORGANIZATION THAT SUPPORTS THE COMPETITION, TRAINING, COACHING, TRAVEL AND EDUCATIONAL NEEDS OF AMERICA'S ELITE AND DEVELOPING INTERNATIONAL HIGH PERFORMANCE HORSES AND ATHLETES IN PARTNERSHIP WITH THE US EQUESTRIAN FEDERATION.