Racing for Charity Inc
Racing for Charity Inc is a private foundation based in Twin Falls, Idaho. Its filings report grantmaking in 2023 and 2024, including support for organizations in Twin Falls.
Racing for Charity Inc at a glance
- Total assets
- $16,842
- +146.0% vs 2024
- Revenue (2025)
- $14,000
- -91.2% vs 2024
- Expenses (2025)
- $4,004
- -98.1% vs 2024
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Racing for Charity Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation’s 2024 filing states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. The filing lists Kelly Peterson as the contact.
- Contact
Application contact: Kelly Peterson
Mailing address: 461 Eastland Drive Ste 1C, Twin Falls, ID 83301
Phone: (541) 761-3684
Website: https://www.racingforcharity.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Racing for Charity Inc funds
How this funder distributes its grants
Grant Size Distribution
76 grants across all recorded years
The most common grant size was under $50K: 76 grants of 76 (100%).
Geographic Focus
Where this funder awards grants
The foundation is based in Twin Falls, Idaho. Its listed 2024 grants include two organizations located in Twin Falls.
Grant Distribution by State
States
Cities
Is Racing for Charity Inc open to new grantees?
20%
first-time grantees, 2024
In 2024, 3 of 15 grantees (20%) were first-time recipients. With only 15 grantees, that is a small sample: one grantee more or less moves the share by about 7 points. First grants averaged $10K; repeat grants $10K. How we count
Medians: $10K first-time, $10K repeat.
Estimate from itemized grant lists in IRS Form 990-PF filings (2021–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2024, annual grant giving ranged from $150K (2024) to $230K (2022). In 2024 it made 15 grants totaling $150K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Idaho Legal Aid Services IN Twin Falls, ID | Funding | $10,000 |
| Interlink Volunteers Twin Falls, ID | Funding | $10,000 |
| Jerome Senior Citizen Svc Ctr Inc Jerome, ID | Funding | $10,000 |
| Magic Valley Fellowship Hall Twin Falls, ID | Funding | $10,000 |
| MV Area Humanitarian Center Rupert, ID | Funding | $10,000 |
| MV Suicide Awarenss & Prevention Twin Falls, ID | Funding | $10,000 |
| Santa's Cause Inc Twin Falls, ID | Funding | $10,000 |
| Simply Hope Family Outrech Burley, ID | Funding | $10,000 |
| TF County Fair & Rodeo Foundation Filer, ID | Funding | $10,000 |
| Twin Falls Optimist Youth House Twin Falls, ID | Funding | $10,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2025 | $16,842 | $14,000 | $4,004 | — | — | — | — |
| 2024 | $6,846 | $159,487 | $206,424 | $150,000 | 15 | $156,699 | — |
| 2023 | $53,783 | $265,403 | $273,139 | $200,000 | 20 | $205,646 | — |
| 2022 | $61,519 | $322,456 | $312,722 | $230,000 | 20 | $233,498 | — |
| 2021 | $51,785 | $275,334 | $295,062 | $210,000 | 21 | $220,354 | — |
| 2020 | $71,513 | $73,000 | $1,487 | — | — | — | $953 |
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its listed 2024 grantees include organizations whose missions address healthcare for underserved people and housing and transition support for young adults affected by foster care and at-risk youth. These are the grantees’ stated missions, not a stated mission of the foundation.
Grantmaking
In 2024, the foundation gave $150,000 through 15 grants. In 2023, it gave $200,000 through 20 grants. Its 2025 filing reports zero grants.
Two named 2024 grantees each received $10,000:
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Penelope Parker as president; Ann Lively and Laurie Lickley as directors; and Kelly Peterson as co-treasurer.
Racing for Charity Inc is led by Penelope Parker, President on every filing since 2020; none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Penelope Parker
President
On filings since 2020
No compensation reported
Ann Lively
Director
On filings since 2020
No compensation reported
Laurie Lickley
Director
On filings since 2023
No compensation reported
Kelly Peterson
Co-Treasurer
On filings since 2020
No compensation reported
Former officers (1)
- Former: Kaylynne Rolig (2020–2022) — Director
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.
Frequently asked questions about Racing for Charity Inc
How large is Racing for Charity Inc?
Racing for Charity Inc reported $17K in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $14K.
What does Racing for Charity Inc fund?
No mission statement for the foundation is provided. Its listed 2024 grantees include organizations whose missions address healthcare for underserved people and housing and transition support for young adults affected by foster care and at-risk youth. See mission & focus areas ↑
How do I apply for a grant from Racing for Charity Inc?
The foundation’s 2024 filing states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
Where does Racing for Charity Inc make grants?
The foundation is based in Twin Falls, Idaho. Its listed 2024 grants include two organizations located in Twin Falls.
What is Racing for Charity Inc's EIN?
Racing for Charity Inc's EIN (Employer Identification Number) is 85-3160982. IRS Form 990 filing data is available on this page for 2020–2025.
Does Racing for Charity Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS March 10, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS March 1, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS March 6, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS February 15, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS February 6, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS February 17, 2026)
- IRS filings on file for fiscal years 2020–2025
Live grants for the work Racing for Charity Inc funds
Human Services Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Racing for Charity Inc's focus areas in our free grants database
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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Racing for Charity Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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