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
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
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
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
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| 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
- Updated Form 990 for fiscal year 2022 (received by the IRS July 21, 2023)
- Added Form 990 for fiscal year 2025 (received by the IRS April 27, 2026)
- 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.
Here's the math on researching The Race for Education Inc by hand.
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The Race for Education Inc down — hundreds of funders to go?