Gladstone, New Jersey – November 10, 2010 – The United States Equestrian Team Foundation is honored to announce a $5 million endowment bequest from Ken and Arle Adams of Wellington, Florida. This gift will mark the creation of the Ken and Arle Adams International Competition and Training Grant Fund. Providing an annual grant, the fund will add supplemental funding to the three Olympic disciplines’ High Performance programs: dressage, eventing, and show jumping. These funds further augment the international competition and training plans that repeatedly generate Olympic and World Championship medal winning performances. Grants of such generous nature are what allow the United States of America to remain at the top of the international equestrian sport.
“This extraordinary gift will be the largest gift ever made to the USET Foundation, and the Foundation is so grateful to Ken and Arle for their generosity. Leaving a dynamic legacy that will forever bear their name, the Adams’ gift will be a determining factor in this country’s ability to medal consistently in international championships in the future,” remarked Jane Forbes Clark, USET Foundation President and CEO.
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