Kentucky Racing Health and
TO PROVIDE EXCLUSIVELY FOR THE BENEFIT, AID, RELIEF, AND ASSISTANCE OF THE RACING PERSONNEL EMPLOYED IN CONNECTION WITH HORSE RACING WHO CAN DEMONSTRATE THEIR NEED FOR FINANCIAL ASSISTANCE.
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$9.3M
+6.2% YoY
Annual Giving
$103K
+57.4% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$103K
+57.4% YoY
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $9,251,079 | $8,708,026 | $8,469,502 |
| Revenue | $2,287,935 | $1,178,206 | $1,501,799 |
| Expenses | $1,915,695 | $1,925,636 | $1,730,279 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $321,315 | $-333,745 | $173,627 |
| 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 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Kentucky Racing Health and fund?
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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 |
|---|---|---|---|
| RICK HILES | CHAIRMAN | — | — |
| CAROL HEBEL | SECRETARY | — | — |
| RICHARD P RIEDEL | EXECUTIVE DIRECTOR | 40 | $169,321 |
| BURR TRAVIS | TREASURER | — | — |
| RANDY SCHEEN | VICE CHAIRMAN | — | — |
| DONNA WARD | DIRECTOR | — | — |
| MARK BACON | DIRECTOR | — | — |
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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