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TDF Anne Barlow Ramsey Annual $25,000 Grant Application Deadline
The purpose of this annual grant is to showcase talented American-bred horses ridden by United States citizens, by providing funds to train and compete in Europe. The horse and rider applicants will be competing successfully at Prix St. George or higher, and demonstrate an ability to move forward into High Performance competetion. The successful applicant will demonstrate an ability to be an ambassador for the American-bred horse in Europe.
Dr. Ramsay’s dream to advance equestrian sport took shape in 1998, when she established a Charitable Remainder Unitrust, funded with $254,000 of highly appreciated Abbott Laboratory stock. She wanted to provide financial backing for a designated horse and rider with a ten-year income stream. She worked with John Boomer, then President and CEO of The Dressage Foundation, to create the Unitrust and put her plan into action. There have been many beneficiaries: 1) Her horse and rider had the support of a ten-year income stream, paid monthly, which ran through 2008; 2) Dr. Ramsay gained solid tax advantages by avoiding the federal and state capital gain taxes on the appreciated value of the stock, and she received a substantial charitable contribution income tax deduction, thereby reducing her income tax payable. 3) The sport of Dressage gains by receiving future annual grants of $25,000, to send American-bred horses to Europe for upper level training and competition. Dr. Ramsay designated The Dressage Foundation as sole, irrevocable charitable remainderman to whom the Unitrust “remainder” was paid in January of 2009. This funding will make these future training grants possible.
AND, there’s a Part II to Dr. Ramsay’s visionary plan: Working with The Dressage Foundation, she created a second ten-year term Charitable Remainder Unitrust, with the same conditions and monetary value, extending the reach of her good training support well out into future years.
The Anne L. Barlow Ramsay Annual Grant will be managed and administered by The Dressage Foundation. A Selection Committee comprised of distinguished, experienced Dressage leaders will review the applications, and choose the recipient, subject to the approval of The Dressage Foundation’s Board of Directors. The grant announcement will be made by December 31st of each year.
Phone: (402) 434-8585