FAR HILLS RACE MEETING ASSOCIATION INC
AI Summary
The Far Hills Race Meeting Association Inc, identified by EIN 22-2529715, is a nonprofit organization dedicated to health-related causes through its annual steeplechase event. With an operating budget of $3.4 million and total revenue of $4.1 million for the filing year 2024, the organization primarily benefits the Somerset Medical Health Care Foundation, while also supporting other recognized 501(c)(3) nonprofits at the discretion of its Board of Trustees. The organization does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base. More information can be found on their website at www.farhillsrace.org.
Mission Statement
THE ORGANIZATION HOLDS A ONE DAY STEEPLECHASE EVENT ANNUALLY. THE LARGEST INDIVIDUAL BENEFICIARY OF THE EVENT IS THE SOMERSET MEDICAL HEALTH CARE FOUNDATION, A RECOGNIZED SECTION 501(C)(3) NON PROFIT ENTITY. AT THE DISCRETION OF THE BOARD OF TRUSTEES, THE ORGANIZATION ALSO SUPPORTS OTHER RECOGNIZED 501(C)(3) NON-PROFIT ORGANIZATIONS.
Cause Areas
1
Health
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Frequently Asked Questions
What is FAR HILLS RACE MEETING ASSOCIATION INC’s budget?
In 2024, FAR HILLS RACE MEETING ASSOCIATION INC reported an annual operating budget of around $3.4 million. More detailed financial information is available to registered users.
What causes does FAR HILLS RACE MEETING ASSOCIATION INC support?
FAR HILLS RACE MEETING ASSOCIATION INC supports work in Health.
Where does FAR HILLS RACE MEETING ASSOCIATION INC operate?
FAR HILLS RACE MEETING ASSOCIATION INC is headquartered in Far Hills, NJ.
Who funded FAR HILLS RACE MEETING ASSOCIATION INC recently?
In 2025, FAR HILLS RACE MEETING ASSOCIATION INC received grants from Realogy Charitable Foundation, MILLRACE FOUNDATION, and JOHNSON & JOHNSON FOUNDATION UNITED STATES INC. More information on this organization’s funders is available to registered users.
What is the largest grant FAR HILLS RACE MEETING ASSOCIATION INC received in 2024?
The largest grant to FAR HILLS RACE MEETING ASSOCIATION INC in 2024 exceeds $5,000.
What is FAR HILLS RACE MEETING ASSOCIATION INC’s reliance on government grants?
FAR HILLS RACE MEETING ASSOCIATION INC relied on government grants for less than 5% of their total revenue in 2024.