Kentucky Derby Festival Foundation
FOUNDED IN 1998, THE KENTUCKY DERBY FESTIVAL FOUNDATION RECEIVES AND MANAGES CHARITABLE CONTRIBUTIONS ON BEHALF OF THE KENTUCKY DERBY FESTIVAL, INC., ITS SUPPORTERS AND THE GENERAL PUBLIC. THE FOUNDATION PERPETUATES THE FESTIVAL'S IMPACT ON THE COMMUNITY BY DEVELOPING PROJECTS THAT HIGHLIGHT THE FESTIVAL'S INFLUENCE ON THE AREA'S CULTURAL HERITAGE. ITS MISSION IS TO FURTHER THE FESTIVAL'S EDUCATIONAL AND CHARITABLE MISSION THROUGH EXHIBITIONS AND PERFORMANCES. THE FOUNDATION ADDS TO THE FESTIVAL'S MISSION OF PROVIDING CREATIVE ENTERTAINMENT THAT ENHANCES THE COMMUNITY.
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$250K
+88.6% YoY
Annual Giving
—
Grant Count
0
Avg Grant Size
—
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $250,093 | $132,599 | $178,038 |
| Revenue | $172,234 | $218,787 | $176,533 |
| Expenses | $114,246 | $114,753 | $94,685 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $1,092 | $1,162 | $499 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
3 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MATTHEW GIBSON | PRESIDENT & CEO | 5 | — |
| DAVID NETT | CHAIR | 0.5 | — |
| SUZANNE WRIGHT | IMMEDIATE PAST CHAIR | 0.5 | — |
| GLENDA THOME | CHAIR ELECT | 0.5 | — |
| MICHELE OBERST | SECRETARY | 0.5 | — |
| CRAIG WHITE | TREASURER | 0.5 | — |
| ALFONSO CORNISH | BOARD MEMBER | 0.5 | — |
| DOUGLAS CRADDOCK | BOARD MEMBER | 0.5 | — |
| BECKY CRUMP | BOARD MEMBER | 0.5 | — |
| HELEN DAVIS | BOARD MEMBER | 0.5 | — |
| JAY FERGUSON | BOARD MEMBER (THRU 6/2024) | 0.5 | — |
| JO GRAVES | BOARD MEMBER | 0.5 | — |
| CHERYL GUESS | BOARD MEMBER | 0.5 | — |
| ROBERT HATFIELD | BOARD MEMBER | 0.5 | — |
| DODIE HOWLETT | BOARD MEMBER/EXEC DIREC (FROM 6/2024) | 0.5 | — |
| JOANNE HURST | BOARD MEMBER (THRU 6/2024) | 0.5 | — |
| VINCENT JAMES | BOARD MEMBER | 0.5 | — |
| ADRIA JOHNSON | BOARD MEMBER (THRU 6/2024) | 0.5 | — |
| CAROLLE JONES CLAY | BOARD MEMBER | 0.5 | — |
| LOGAN LEET | BOARD MEMBER | 0.5 | — |
| CHADWICK MCTIGHE | BOARD MEMBER | 0.5 | — |
| AMY NALL | BOARD MEMBER | 0.5 | — |
| ROY POTTS | BOARD MEMBER | 0.5 | — |
| ERIN RASINEN | BOARD MEMBER | 0.5 | — |
| DEBRA RAYMAN | BOARD MEMBER | 0.5 | — |
| KEN SELVAGGI | BOARD MEMBER | 0.5 | — |
| MIKE SHEA | BOARD MEMBER (THRU 6/2024) | 0.5 | — |
| TIMOTHY WHITTEN | CHIEF FINANCIAL OFFICER | 5 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
States
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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