Keeping Racing Alive is a private foundation focused on Recreation & Sports, based in REINBECK, IA. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $274 in total assets. In 2024, it awarded 4 grants totaling $2K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$274
-47.9% YoY
Annual Giving
$2K
-52.9% YoY
Grant Count
4
+0.0% YoY
Avg Grant Size
$500
-52.9% YoY
Under IRS private-foundation payout rules, Keeping Racing Alive reported a distributable amount of $26 for 2024 — the minimum it must pay out in qualifying distributions.
About Keeping Racing Alive
Based on IRS filings
Keeping Racing Alive is a private foundation focused on Recreation & Sports, based in REINBECK, IA. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $274 in total assets. In 2024, it awarded 4 grants totaling $2K.
Focus Areas
Ready to take the next step with Keeping Racing Alive?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 |
|---|---|---|
| Total Assets | $274 | $526 |
| Revenue | $8,899 | $12,688 |
| Expenses | $9,151 | $12,162 |
| Qualifying Distributions | $2,000 | $4,247 |
| Net Investment Income | — | — |
| Distributable Amount | $26 | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
8 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Iowa Donor Network ($500), Lil Racers Club ($500), Autism ($500).
| Recipient | Purpose | Amount |
|---|---|---|
| IOWA DONOR NETWORK NORTH LIBERTY, IA | SUPPORT PROGRAM | $500 |
| LIL RACERS CLUB LONE TREE, IA | SUPPORT PROGRAM | $500 |
| AUTISM WEST DES MOINES, IA | SUPPORT PROGRAM | $500 |
| BENTON AG SOCIETY VINTON, IA | SUPPORT PROGRAM | $500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RICK DRIPPS | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Keeping Racing Alive?
Keeping Racing Alive is a private foundation focused on Recreation & Sports, based in REINBECK, IA. It holds $274 in total assets as of 2024.
How large is Keeping Racing Alive?
As of 2024, Keeping Racing Alive holds $274 in total assets with $9K in annual revenue. It awarded 4 grants totaling $2K in 2024.
Where does Keeping Racing Alive operate?
Keeping Racing Alive has awarded grants in Iowa.
What size grants does Keeping Racing Alive award?
In 2024, Keeping Racing Alive awarded 4 grants totaling $2K — an average of about $500 per grant, based on its IRS Form 990 filings.
How much is Keeping Racing Alive required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Keeping Racing Alive reported a distributable amount of $26 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Keeping Racing Alive's EIN?
Keeping Racing Alive's EIN (Employer Identification Number) is 88-1200081. IRS Form 990 filing data is available on this page for 2023–2024.
Explore Open Grants
Browse active grant opportunities in Keeping Racing Alive's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
The Accel Foundation
WAVERLY, IA
Assets
$120K
Grants
33
Total Given
$29K
Hills Bank Donor Advised Gift Fund
NORTH LIBERTY, IA
Assets
$25.1M
Grants
105
Total Given
$5.5M
HNI Charitable Foundation
MUSCATINE, IA
Assets
—
Grants
24
Total Given
$520K
The Gerdin Charitable Foundation
NORTH LIBERTY, IA
Assets
—
Grants
7
Total Given
$5.2M
Enterprise Holdings Foundation
SAINT LOUIS, MO
Assets
—
Grants
9,499
Total Given
$73.1M
Prairie Meadows Race Track and Casino
ALTOONA, IA
Assets
$327.6M
Grants
409
Total Given
$33.0M
Baird Foundation Inc
MILWAUKEE, WI
Assets
—
Grants
3,751
Total Given
$6.6M
Telligen Community Initiative
WEST DES MOINES, IA
Assets
$39.0M
Grants
31
Total Given
$2.1M
The Braun Family Foundation
CEDAR FALLS, IA
Assets
—
Grants
45
Total Given
$148K
Aetna Foundation Inc
HARTFORD, CT
Assets
$16.6M
Grants
65
Total Given
$7.2M
Hilker-pedretti Charitable Foundation
ALTOONA, IA
Assets
—
Grants
4
Total Given
$35K
Lohse Family Foundation
BONDURANT, IA
Assets
—
Grants
2
Total Given
$400K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Keeping Racing Alive on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities