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DIAMOND RACE HORSE RETIREMENT FOUNDATION INC

JERICHO, NY · EIN 992396665 · Form 990 · FY2024 · NTEE D20 · Animal-Related · Micro (<$100K) · diamondracehorseaftercare.org
revenue
$11K
expenses
$10K
net assets
$39
employees
0
program ratio
100%
mission · from form 990

TO RESCUE AND/OR RETIRE RACEHORSES THROUGHOUT THE COUNTRY THAT ARE INJURED OR AT THE END OF THEIR RACING CAREER AND REPURPOSING THEM AND/OR PROVIDING THEM WITH GOOD HOMES IN RETIREMENT. THE CORPORATION WILL WORK WITH OTHER NONPROFIT ORGANIZATIONS THAT SPECIALIZE IN THE PLACEMENT OF SUCH HORSES.

profile · synthesized from sources

Diamond Racehorse Retirement Foundation Inc., operating as Diamond Racehorse Aftercare, rescues and retires injured or post-career racehorses, providing them with repurposing or placement in loving homes. The organization was inspired by the story of a single horse named Diamonds and works with other nonprofits to support thoroughbred aftercare across the United States.

irs program accomplishments · form 990 part iii · fy2024

What they reported doing

  1. #1 primary $0
    N/A
  2. #2 $0
    N/A
named programs · 1 · from sources

What they call their work

Thoroughbred Retirement and Placement
Rescues, retires, and repurposes injured or post-racing-career thoroughbreds by placing them in adoptive or permanent homes
activities · 2 groups

What they do

  • Equine Health and Welfare Education 1 activity
    • Operating and breeding thoroughbred racehorses
      Owns, races, and breeds thoroughbred racehorses, including stakes-winning mare Piedi Bianchi, continuing active participation in horse racing and breeding operations.
  • Equine Rescue and Retirement Care 1 activity
    • Retiring and rehoming retired thoroughbred racehorses
      Rescues, retires, and rehomes thoroughbred racehorses that are injured or at the end of their racing careers, providing them with adoption, repurposing, or placement in loving homes. The organization supports the health and well-being of retired racehorses through direct care and placement programs.
financials · form 990 · fy2024
revenue
Total revenue$11K
Contributions & grants$11K100%
Program service revenue$00%
Investment income$00%
Other revenue$0
expenses
Total expenses$10K
Program expenses100%
Admin / overhead0%
Fundraising0%
Salaries & benefits$0
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$39
Cash$39
Investments$0
Liabilities$0
Net assets$39
Liquid reserves0.0 mo
1 years on record · 2024–2024
relationships · 3

Who they work with

  • New Bolton Partner — Collaborated with New Bolton in the care of the horse Diamonds prior to her passing.
  • Other nonprofit organizations that specialize in the placement of retired racehorses Partner — Collaborates with specialized nonprofits to place retired racehorses in suitable homes.
  • Piedi Bianchi Partner — Thoroughbred racehorse co-owned and raced by founders Jay Oringer and Adam Bayroff.
strategies · 3

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Collaborative Network Placement Model
    methodology: partner_network_collaboration
    By partnering with specialized nonprofit organizations, the foundation facilitates the successful repurposing and placement of retired racehorses, because collaboration with experts increases placement efficiency and ensures appropriate post-racing care.
  • Donor-Funded Animal Care
    methodology: donor-funded_animal_care
    By leveraging donor contributions, the organization ensures the long-term health and well-being of retired thoroughbred racehorses, because sustained funding enables consistent, high-quality care that might otherwise be inaccessible.
  • Memorial-Driven Mission Engagement
    methodology: memorial-driven_mission
    By honoring the memory of beloved horses, the organization motivates expanded care efforts and inspires broader community involvement, because emotional connection and remembrance foster deeper commitment and support from individuals who share a passion for horses.