The success of our program is the result of the wonderful horses donated to our organization by friends of the equestrian industry. We are grateful to receive these horses as they provide great equine opportunities for our students.
Before a horse can be donated to the Metropolitan Equestrian, the horse must be evaluated by the organization to determine if the horse can be used in our programs. To come to that decision, this requires the owner to send the horse to the Equestrian Center for an evaluation for a maximum of 3 weeks. In addition, we may require the owner to send a recent video, veterinarian report and/or (if applicable) a summary of competition results for the horse. Following the evaluation, we will advise the owner of our decision whether the horse is approved for the program and whether we can accept the gift.
An owner desiring to donate a horse to Metropolitan Equestrian will receive an income tax deduction for the value of the horse which must comply with all applicable IRS regulations (see IRS Publication 561). Prior to the organization signing the Donee Acknowledgement part of IRS Form 8283, the owner must provide the organization with a copy of the appraisal to be filed with the IRS. If the claimed value of the horse exceeds $5,000, the donor must get a "qualified appraisal" made by a "qualified appraiser" (as those terms are defined by the IRS) to determine fair market value.
If the horse is accepted for the organization, and all required documents are submitted by the owner, a gift receipt for the horse will be sent to the donor.
If you are interested in donating a horse to the Metropolitan Equestrian, please send an email to membership@meteqteam.org.