Churchill Downs Incorporated Foundation
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.
Key facts about Churchill Downs Incorporated Foundation
- EIN
- 61-1380215
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $293,595
- Grants made (2024)
- 27
- Average grant
- $10,874
- Median grant
- $5,265
- Total assets
- $223,147
- Primary geography
- Kentucky (58% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Churchill Downs Incorporated Foundation funds
By grant dollars, the top recipient states for Churchill Downs Incorporated Foundation's 27 itemized 2024 grants were Kentucky (58%), Maryland (10%) and New York (10%). The most frequent recipient cities were Lexington, KY (6 grants). None of its 27 grants with a stated purpose were described as general or operating support. Recurring purposes include "Charitable" (27 grants).
How Churchill Downs Incorporated Foundation gives
- 30% of 2024 grantees were also funded in 2023. Method
- Giving grew 5307% from 2021 to 2024. Method
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
Estimate from itemized IRS Form 990-PF grant lists (2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with Churchill Downs Incorporated Foundation
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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
Under IRS private-foundation payout rules, Churchill Downs Incorporated Foundation reported a distributable amount of $15K for 2024 — the minimum it must pay out in qualifying distributions.
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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 27 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
64 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Backside Learning Center ($50,000), Kentucky Racetrack Chaplaincy Inc ($30,000), Rerun Inc ($25,150).
| Recipient | Purpose | Amount |
|---|---|---|
| BACKSIDE LEARNING CENTER Louisville, KY | CHARITABLE | $50,000 |
| KENTUCKY RACETRACK CHAPLAINCY INC Lexington, KY | CHARITABLE | $30,000 |
| RERUN INC East Greenbush, NY | CHARITABLE | $25,150 |
| KENTUCKY EQUINE ADOPTION CENTER Nicholasville, KY | CHARITABLE | $20,050 |
| RETIRED RACEHORSE PROJECT Edgewater, MD | CHARITABLE | $20,000 |
| SECRETARIAT CENTER Lexington, KY | CHARITABLE | $15,100 |
| THOROUGHBRED RETIREMENT NETWORK OF LOUISIANA Covington, LA | CHARITABLE | $10,100 |
| AMPLIFY HORSERACING Lexington, KY | CHARITABLE | $10,000 |
| THOROUGHBRED CHARITIES OF AMERICA Lexington, KY | CHARITABLE | $10,000 |
| KENTUCKY HUMANE SOCIETY EQUINE Simpsonville, KY | CHARITABLE | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Tonya Abeln | President | 1 | — |
| Philip Forbis | Treasurer | 1 | — |
| Cathy Shircliff | Executive Director | 1 | — |
| Jon Rauch | Director | 1 | — |
| Neal Curtis | Director | 1 | — |
| Michael W Anderson | Director | 1 | — |
| Claire Simms | Secretary | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Churchill Downs Incorporated Foundation?
Churchill Downs Incorporated Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Louisville, KY. It holds $223K in total assets as of 2024.
How large is Churchill Downs Incorporated Foundation?
As of 2024, Churchill Downs Incorporated Foundation holds $223K in total assets with $221K in annual revenue. It awarded 27 grants totaling $294K in 2024.
Where does Churchill Downs Incorporated Foundation operate?
Churchill Downs Incorporated Foundation has awarded grants in California, Connecticut, District of Columbia, Florida, Illinois, Indiana, Kentucky, Louisiana, Maryland, Minnesota, New York, Ohio, Oklahoma, Pennsylvania, South Carolina, Texas, Virginia.
What size grants does Churchill Downs Incorporated Foundation award?
In 2024, Churchill Downs Incorporated Foundation awarded 27 grants totaling $294K — an average of about $11K per grant, based on its IRS Form 990 filings.
How much is Churchill Downs Incorporated Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Churchill Downs Incorporated Foundation reported a distributable amount of $15K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Churchill Downs Incorporated Foundation's EIN?
Churchill Downs Incorporated Foundation's EIN (Employer Identification Number) is 61-1380215. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.