Churchill Downs Incorporated Foundation

LOUISVILLE, KY EIN: 61-1380215

Churchill Downs Incorporated Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LOUISVILLE, KY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $223K in total assets. In 2024, it awarded 27 grants totaling $294K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$223K

-45.4% YoY

Annual Giving

$294K

+43.2% YoY

Grant Count

27

+170.0% YoY

Avg Grant Size

$11K

-47.0% YoY

About Churchill Downs Incorporated Foundation

Based on IRS filings

Churchill Downs Incorporated Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LOUISVILLE, KY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $223K in total assets. In 2024, it awarded 27 grants totaling $294K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

17states
+9 more states

Cities

BishopvilleBurlesonCanyon CountryChespaeake CityCochrantonCovingtonCrestwoodEast GreenbushEdgewaterElktonFarmingtonFrankfortGeorgetownGuthrieHamdenHastingsLexingtonLouisvilleMentorMontpelier Station

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$198K$397K$595K$793K20202021202220232024
Metric202420232022
Total Assets$223,147$409,027$412,470
Revenue$220,571$293,265$90,723
Expenses$406,281$296,708$272,206
Qualifying Distributions$384,849$280,838$267,000
Net Investment Income
Distributable Amount$15,154$19,223$22,240

Giving Over Time

Total grant dollars and number of grants per year

$0$86K$173K$259K$346K17 grants20203 grants20217 grants202210 grants202327 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

BACKSIDE LEARNING CENTER$50KKENTUCKY RACETRACK CHAPL…$30KRERUN INC$25KKENTUCKY EQUINE ADOPTION…$20KRETIRED RACEHORSE PROJECT$20KSECRETARIAT CENTER$15KTHOROUGHBRED RETIREMENT …$10KAMPLIFY HORSERACING$10KTHOROUGHBRED CHARITIES O…$10KKENTUCKY HUMANE SOCIETY …$10K

Grant Size Distribution

64 grants across all recorded years

57<$50K4$50–100K3$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
TONYA ABELNPRESIDENT1
PHILIP FORBISTREASURER1
CATHY SHIRCLIFFEXECUTIVE DIRECTOR1
JON RAUCHDIRECTOR1
NEAL CURTISDIRECTOR1
MICHAEL W ANDERSONDIRECTOR1
CLAIRE SIMMSSECRETARY1

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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