Overview

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Est.

2013

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

THE RACHEL COVEY FOUNDATION is a nonprofit focused on Christianity and rehabilitation, with a mission to inspire hope, confidence, and resilience in young women through equestrian training. In filing year 2024, it operated with a $1.2M budget and $1.4M in total revenue; its top funders included SORENSON LEGACY FOUNDATION, THE KAHLERT FOUNDATION INC, and THE LOW FAMILY FOUNDATION C/O WILLIAM W LOW III.

Mission Statement

THE MISSION OF BRIDLE UP HOPE:THE RACHEL COVEY FOUNDATION IS TO INSPIRE HOPE, CONFIDENCE, AND RESILIENCE IN YOUNG WOMEN THROUGH EQUESTRIAN TRAINING.
Revenues
$1.4M
Expenses
$1.3M
Net Income:
+$103.7K
Assets
$9.3M
Liabilities
$50.2K
Net Assets:
+$9.3M
Operating Budget
$1.2M
Operating Budget by Year

Due Diligence

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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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Total No. of Grants
9
Median grant size
$30K
Largest grant received
$90K
N
Nicole Holgreen
Board Member
A
Andrea Clarke
Board Member
K
Karen Keller
Board Member
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  • 26 funders
  • 23 board & team members
  • 11 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is THE RACHEL COVEY FOUNDATION’s budget?
In 2024, THE RACHEL COVEY FOUNDATION reported an annual operating budget of around $1.2 million. More detailed financial information is available to registered users.
What causes does THE RACHEL COVEY FOUNDATION support?
THE RACHEL COVEY FOUNDATION supports work in Christianity and Rehabilitation.
Where does THE RACHEL COVEY FOUNDATION operate?
THE RACHEL COVEY FOUNDATION is headquartered in Alpine, UT.
Who funded THE RACHEL COVEY FOUNDATION recently?
In 2024, THE RACHEL COVEY FOUNDATION received grants from AMERICAN ENDOWMENT FOUNDATION, THE LOW FAMILY FOUNDATION C/O WILLIAM W LOW III, and OK FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant THE RACHEL COVEY FOUNDATION received in 2024?
The largest grant to THE RACHEL COVEY FOUNDATION in 2024 exceeds $90 thousand.
What is THE RACHEL COVEY FOUNDATION’s reliance on government grants?
THE RACHEL COVEY FOUNDATION relied on government grants for more than 10% of their total revenue in 2024.