CALIFORNIA RETIREMENT MANAGEMENT ACCOUNT
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The California Retirement Management Account (CARMA) is a 501(c)3 grantmaking organization that focuses on supporting initiatives related to equine welfare. In 2024, CARMA distributed a total of $479K across 23 grantees, emphasizing a relationship-based approach to funding. Notably, CARMA does not accept unsolicited proposals and grants are made by invitation only; nonprofits interested in potential funding opportunities can explore warm-introduction pathways via Impala's Funder Prospecting.
Mission Statement
CARMA GRANTS FUNDS TO THOROUGHBRED RETIREMENT FACILITIES TO SUPPORT THE CARE AND RETRAINING OF HORSES WHOSE CAREERS HAVE ENDED.
Cause Areas
2
Retirement housing
Animal welfare
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Grantee
Total Funding
Funding Share

UNITED PEGASUS FOUNDATION
$1.1M
24%
Dale and Patti Shirley Equine Encore Foundation
$302.3K
7%

SQUARE PEG FOUNDATION
$288K
7%
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Total No. of Grants
16
Median 1st year grant
$8K
Median 2nd year grant
$13.8K
Top 3 Grants
Matched grants only
Grantee
Grant Size
Frequently Asked Questions
Can I submit an unsolicited grant proposal to CALIFORNIA RETIREMENT MANAGEMENT ACCOUNT?
No. CALIFORNIA RETIREMENT MANAGEMENT ACCOUNT does not accept unsolicited proposals. Funding is by invitation only.
Where does CALIFORNIA RETIREMENT MANAGEMENT ACCOUNT give?
CALIFORNIA RETIREMENT MANAGEMENT ACCOUNT primarily gives to organizations located in California, Arizona, and Virginia. These states represent the largest share of the foundation’s grantmaking by dollars awarded. Additional geographic details are available to registered users.
What size are CALIFORNIA RETIREMENT MANAGEMENT ACCOUNT’s grants?
The largest share of grants from CALIFORNIA RETIREMENT MANAGEMENT ACCOUNT fall in the $5,000 to $25 thousand range. The median first-year grant is about $8,000. More detailed grant size data is available to registered users.
How many grants does CALIFORNIA RETIREMENT MANAGEMENT ACCOUNT make each year?
In 2024, CALIFORNIA RETIREMENT MANAGEMENT ACCOUNT awarded about 20 grants, totaling nearly $479 thousand. More detailed grant metrics are available to registered users.
Who did CALIFORNIA RETIREMENT MANAGEMENT ACCOUNT fund recently?
In 2024, CALIFORNIA RETIREMENT MANAGEMENT ACCOUNT awarded grants to about 20 grantees. Recent grantees include UNITED PEGASUS FOUNDATION, Dale and Patti Shirley Equine Encore Foundation, and SQUARE PEG FOUNDATION. More detailed information on all recent recipients is available to registered users.
How do we apply to CALIFORNIA RETIREMENT MANAGEMENT ACCOUNT?
CALIFORNIA RETIREMENT MANAGEMENT ACCOUNT does not accept unsolicited proposals. Funding is by invitation only.
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