Formed in 1985, the Association of the Mounted High Guard has the task of safeguarding the tradition of horses in the mounted garrison service and the culture and history surrounding this activity. The association cooperates with the independent Foundation for the Mounted High Guard, which is the owner of the horses used for mounted garrison service. The Foundation is also responsible for 60% of the operating costs of the horses, which are at the disposal of the Armed Forces. The Foundation's activities are financed by the Association. The cooperation with the Armed Forces is regulated by a special agreement. This unique structure is based on cooperation between individuals, the business community, the City of Stockholm and the state. The activities are financed through membership fees from 22,000 members and contributions from companies and foundations.