The Race for Education Inc logo

The Race for Education Inc

Public charity · Grantmaker Lexington, KY EIN: 42-1546327 Website

To provide opportunities for educational success for young people with significant needs

Key facts about The Race for Education Inc

In short: The Race for Education Inc reported $47K in grants paid in 2025 (a total; its filing lists no individual grants). Source: 2025 IRS Form 990.

EIN
42-1546327
Latest 990 filing
Form 990, 2025
Grants paid (2025)
$46,750 — reported as a total on the IRS filing, without an itemized list
Total assets
$644,126

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$644K

-9.7% YoY

Grants Paid (reported total)

$47K

+55.8% YoY

Revenue

$158K

-78.2% YoY

How The Race for Education Inc gives

  • Giving fell 40% from 2021 to 2024. Method

From the foundation's IRS Form 990 filings. Methodology.

About The Race for Education Inc

Based on IRS filings

The Race for Education Inc is a public charity focused on Education, based in Lexington, KY. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $644K in total assets. In 2025, it reported $47K in grants paid as a total on its IRS filing, without an itemized list.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

Lexington

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K3 grants2020 1 grant2021 Total only2022 1 grant2023 1 grant2024 Total only2025

From 2020 to 2025, annual grant giving ranged from $30K (2024) to $63K (2023). In 2025 it reported $47K in grants paid, as a total without an itemized list.

Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

3 grants across all recorded years

1<$50K2$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $50–100K range: 2 grants of 3 (67%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2025.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$200K$400K$600K$800K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$644,126$713,342$141,571
Revenue$157,916$724,025$82,340
Expenses$227,133$153,774$156,036

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2022 (received by the IRS July 21, 2023)
  2. Added Form 990 for fiscal year 2025 (received by the IRS April 27, 2026)
  3. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

The Race for Education Inc is led by Kevin O'Keefe, Chair since 2024 (on filings since 2020); none of the 13 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Kevin O'Keefe

    Chair

    Director → Chair, 2024

    On filings since 2020

    1 hr/week

    No compensation reported

  • Elisabeth Jensen

    Director

    President → Director, 2022

    On filings since 2020

    5 hrs/week

    $18K (2020) → $0 (2025)

  • Bill Casner

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Chris Hoskins

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Debra Hamelback

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Fred Sarver

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Gabrielle Bredin

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Amy Lawyer

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Reese Koffler-Stanfield

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • David Ingordo

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Dixie Kendall

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Laura Mays

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Shannon M. Cobb

    Secretary

    Treasurer → Secretary, 2024

    On filings since 2020

    1 hr/week

    No compensation reported

Former officers (8)
  • Former: Case Clay (2022–2023) — Director
  • Former: Jamie Macleod (2022–2023) — Director
  • Former: Katie Lamonica (2022–2023) — Chair
  • Former: Price Bell (2022–2023) — Director
  • Former: Bryan Pettigrew (2020–2021) — Chairman
  • Former: David Blee (2020–2021) — Director
  • Former: Laurie Mays (2020–2021) — Director
  • Former: Scott Pippen (2020–2021) — 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.

Compensation Overview

No officer or director reported compensation in the available filings.

Frequently asked questions about The Race for Education Inc

How much does The Race for Education Inc give each year?

The Race for Education Inc reported $47K in grants paid in 2025 on its 2025 IRS Form 990, as a total without an itemized list of grants. In 2024 it gave $30K across 1 grant.

How large is The Race for Education Inc?

The Race for Education Inc reported $644K in total assets on its 2025 IRS Form 990. Its revenue that year was $158K.

What is The Race for Education Inc?

The Race for Education Inc is a public charity focused on Education, based in Lexington, KY. It holds $644K in total assets as of 2025.

Where does The Race for Education Inc operate?

The Race for Education Inc has awarded grants in Kentucky.

What is The Race for Education Inc's EIN?

The Race for Education Inc's EIN (Employer Identification Number) is 42-1546327. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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