Raceway Gives Foundation
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Raceway Gives Foundation at a glance
In short: Raceway Gives Foundation gave $85K across 1 grant in 2025 (avg $85K), mostly in Illinois. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $85,000
- -38.1% vs 2024
- Grants made (2025)
- 1
- -75.0% vs 2024
- Average grant
- $85,000
- +147.7% vs 2024
- Median grant
- $85,000
- Total assets
- $705,778
- -0.1% vs 2024
- Primary geography
- Illinois (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Raceway Gives Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Gateway Acquisitions Inc ($85K).
Grant Size Distribution
7 grants across all recorded years
The most common grant size was under $50K: 4 grants of 7 (57%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $9K (2021) to $137K (2024). In 2025 it made 1 grant totaling $85K.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Gateway Acquisitions Inc Madison, IL | Indycar back to school teacher program and nascar cup united way initiative | $85,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants |
|---|---|---|---|---|---|
| 2025 | $705,778 | $220,778 | $214,826 | $85,000 | 1 |
| 2024 | $706,681 | $212,544 | $265,643 | $137,250 | 4 |
| 2023 | $753,523 | $198,513 | $219,591 | $109,000 | 2 |
| 2022 | $818,176 | $874,677 | $186,778 | — | — |
| 2021 | $95,333 | $264,200 | $678,411 | $9,000 | Total only |
| 2020 | $509,265 | $754,610 | $254,295 | — | — |
"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.
About Raceway Gives Foundation
Based on IRS filings
Raceway Gives Foundation is a public charity focused on Youth Development, based in Madison, IL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $706K in total assets. In 2025, it awarded 1 grant totaling $85K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Raceway Gives Foundation is led by Curtis Francois, President on every filing since 2020; 1 of 4 officers listed in 2025 is compensated.
Officers on the 2025 filing
Curtis Francois
President
On filings since 2020
1 hr/week
No compensation reported
Larry Albus
Director
On filings since 2020
40 hrs/week
$11K (2023) → $35K (2025)
Amy Francois
Treasurer
On filings since 2020
1 hr/week
No compensation reported
Chris Blair
Secretary
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $35K, to Larry Albus (Director).
Frequently asked questions about Raceway Gives Foundation
How much does Raceway Gives Foundation give each year?
Raceway Gives Foundation gave $85K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $137K across 4 grants.
How large is Raceway Gives Foundation?
Raceway Gives Foundation reported $706K in total assets on its 2025 IRS Form 990. Its revenue that year was $221K.
What is Raceway Gives Foundation?
Raceway Gives Foundation is a public charity focused on Youth Development, based in Madison, IL. It holds $706K in total assets as of 2025.
Where does Raceway Gives Foundation operate?
Raceway Gives Foundation has awarded grants in California, Illinois, Missouri.
What is Raceway Gives Foundation's EIN?
Raceway Gives Foundation's EIN (Employer Identification Number) is 84-3952685. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(5)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2023 (received by the IRS August 23, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS August 5, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS June 9, 2026)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 15, 2022)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Raceway Gives Foundation's focus areas in our free grants database
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