The Anne L. Barlow Ramsay Annual $25,000 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 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 or in Wellington, Florida. The horse and rider applicants will be competing successfully at Prix St. Georges or higher, and demonstrate an ability to move forward into High Performance competition. The successful applicant will demonstrate an ability to be an ambassador for the American-bred horse.”
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. Also, 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 remainder-man 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 $25,000 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.