Motorsports Charities Inc
Motorsports Charities Inc, also known as The NASCAR Foundation, is a public charity based in Daytona Beach, Florida. The organization was formed in 2006 and is designated as a 501(c)(3) nonprofit. The foundation is an integral part of NASCAR communities and works to improve the lives of children in need through its grantmaking and community support initiatives.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$7.9M
+11.8% YoY
Annual Giving
$2.3M
+3.5% YoY
Grant Count
107
+18.9% YoY
Avg Grant Size
$22K
-13.0% YoY
Mission & Focus Areas
The NASCAR Foundation embodies the compassion of the NASCAR Family and works to improve the lives of children who need it most in NASCAR communities. The organization believes every child should have a chance at a healthy life and deserves to reach their personal finish line.
The foundation's primary programs include:
- Speediatrics Children's Fund — Supporting children's health and medical needs
- Betty Jane France Humanitarian Award — Recognizing humanitarian efforts within the NASCAR community
- Community Support — At-track programs for local charities, track partners with donor advised funds, and charitable contributions to initiatives important to the racing family
The foundation's funding focus areas include education, philanthropy, voluntarism, grantmaking, and human services.
Grantmaking
The NASCAR Foundation operates a distinctive annual grantmaking model centered on public voting:
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Arizona, Florida, and North Carolina, with emphasis on communities where NASCAR operates and races.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
| Metric | Amount |
|---|---|
| Total Assets | $7,885,256 |
| Total Revenues | $5,303,865 |
| Total Expenses | $4,472,370 |
| Total Giving | $2,627,259 |
| Number of Employees | 8 |
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $7,885,256 | $7,053,779 | $6,327,124 |
| Revenue | $5,303,865 | $4,961,787 | $3,918,753 |
| Expenses | $4,472,370 | $4,195,721 | $3,271,013 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $389,565 | $340,509 | $71,882 |
| 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 10 recipients in 2024
Grant Size Distribution
239 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Nichole Krieger — Vice President and Executive Director of The NASCAR Foundation
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MIKE HELTON | CHAIRMAN/PRESIDENT | 2 | — |
| JENNIFER FRANCE BATES | VICE CHAIRPERSON/SECRETARY | 2 | — |
| SUSAN SCHANDEL | TREASURER/DIRECTOR | 4 | — |
| LESA KENNEDY | VICE CHAIRPERSON/DIRECTOR | 2 | — |
| ANDREA BRIMMER | DIRECTOR | 2 | — |
| RANDY DYE | DIRECTOR | 2 | — |
| HAROLD GOODEMOTE | DIRECTOR | 2 | — |
| STU GRANT | DIRECTOR | 2 | — |
| HURLEY HAYWOOD | DIRECTOR | 2 | — |
| PETER JUNG | DIRECTOR | 2 | — |
| CHARLIE LYEDECKER | DIRECTOR | 2 | — |
| KATIE PALMER | DIRECTOR | 2 | — |
| CHRIS RICE | DIRECTOR | 2 | — |
| GLENN RITCHEY | DIRECTOR | 2 | — |
| JENNIFER SIEGEL | DIRECTOR | 2 | — |
| RUSTY WALLACE | DIRECTOR | 2 | — |
| LARRY WOODARD | DIRECTOR | 2 | — |
| NICHOLE KRIEGER | EXECUTIVE DIRECTOR | 40 | $246,576 |
| JENNIFER QUATTROCCHI | SENIOR DIRECTOR | 40 | $120,598 |
Contact Information
- Website: www.nascarfoundation.org
- Phone: 386-310-5885
- Address: PO Box 2875, Tax Dept 53, Daytona Beach, FL 32120-2875
- EIN: 30-0337745
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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