THE RACE FOR EDUCATION PROVIDES OPPORTUNITIES FOR EDUCATIONAL SUCCESS FOR YOUNG PEOPLE WITH SIGNIFICANT FINANCIAL NEEDS AND ACADEMIC CHALLENGES THROUGH ACADEMIC DEVELOPMENT PROGRAMS, TUTORING, INTERNSHIPS, FINANCIAL LITERACY TRANING AND SCHOLARSHIPS. THE ULTIMATE GOAL IS TO ENSURE OUR YOUNG PEOPLE BECOME SUCCESSFUL IN LIFE AND ASSETS TO THEIR COMMUNITY.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$713K
+403.9% YoY
Annual Giving
$30K
-52.0% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$30K
-52.0% YoY
About The Race for Education Inc
Based on IRS filings
The Race for Education Inc is a nonprofit organization focused on Education, based in LEXINGTON, KY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $713K in total assets. In 2024, it awarded 1 grants totaling $30K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $713,342 | $141,571 | $215,267 |
| Revenue | $724,025 | $82,340 | $175,567 |
| Expenses | $153,774 | $156,036 | $163,814 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | $2,084 |
| 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 1 recipients in 2024
Grant Size Distribution
6 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include The Keep Foundation Inc ($30,000).
| Recipient | Purpose | Amount |
|---|---|---|
| THE KEEP FOUNDATION INC LEXINGTON, KY | TO SUPPORT THE MISSION OF EDUCATING THE PEOPLE OF THE COMMONWEALTH OF KENTUCKY ABOUT THE IMPORTANCE OF HORSES TO THE STATE, ITS ECONOMY, ITS HERITAGE AND ITS PEOPLE. | $30,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ELISABETH JENSEN | DIRECTOR | 5 | — |
| KEVIN O'KEEFE | CHAIR | 1 | — |
| SHANNON M COBB | SECRETARY | 1 | — |
| GABRIELLE BREDIN | DIRECTOR | 1 | — |
| BILL CASNER | DIRECTOR | 1 | — |
| FRED SARVER | DIRECTOR | 1 | — |
| DAVID INGORDO | DIRECTOR | 1 | — |
| DEBRA HAMELBACK | DIRECTOR | 1 | — |
| CHRIS HOSKINS | DIRECTOR | 1 | — |
| AMY LAWYER | DIRECTOR | 1 | — |
| DIXIE KENDALL | DIRECTOR | 1 | — |
| REESE KOFFLER-STANFIELD | DIRECTOR | 1 | — |
| LAURA MAYS | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Race for Education Inc?
The Race for Education Inc is a nonprofit organization focused on Education, based in LEXINGTON, KY. It holds $713K in total assets as of 2024.
How large is The Race for Education Inc?
As of 2024, The Race for Education Inc holds $713K in total assets with $724K in annual revenue. It awarded 1 grants totaling $30K in 2024.
Where does The Race for Education Inc operate?
The Race for Education Inc has awarded grants in Kentucky.
What size grants does The Race for Education Inc award?
In 2024, The Race for Education Inc awarded 1 grants totaling $30K — an average of about $30K per grant, based on its IRS Form 990 filings.
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 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Race for Education Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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