Kentucky · Nonprofit
KENTUCKY RACING HEALTH AND WELFARE FUND INC
KENTUCKY RACING HEALTH AND WELFARE FUND INC (Kentucky) receives grants from 1 organization whose IRS filings report $2,302 to it, the largest being THE JOCKEY CLUB SAFETY NET FOUNDATION ($2,302). 0 of them have funded it in more than one year.
- Revenue FY2025
- $4.3M
- Funders on record
- 1
- Grants received
- $2k
- Net assets
- $12M
What Kentucky Racing Health and Welfare Fund Inc does
Mission
To provide exclusively for the benefit, aid, relief, and assistance of the racing personnel employed in connection with horse racing who can demonstrate their need for financial assistance.
As stated on its FY2025 Form 990.
Programs
The fund is organized for the benefit, aid, relief, and assistance to racing personnel employed in connection with horse racing who can demonstrate their need for assistance.
$1,682,734 spentof which $1,053,596 as grants94% of program spendingGrant to kentucky race track retirement plan to provide retirement benefits to racing personnel employed in connection with horse racing.
$103,642 spentof which $103,642 as grants6% of program spending
The 2 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $1,786,376.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $9.3M to $12M (+30%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 91% · 2020 92% · 2021 75% · 2022 54% · 2023 84% · 2024 63% · 2025 89%. Grants only. Government contracts and fees sit inside program revenue.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Richard P Riedel
Executive director
Board chair
Rick Hiles
Chairman
As listed on its FY2025 Form 990.
Who funds it, year by year
Grant support over time, funder by funder — shade shows the grant size each year.
Left out of every figure on this page: $1.2M from one payer (the same organization on both sides, largest Kentucky Racing Health and Welfare Fund Inc). These are real filings, and they are not money KENTUCKY RACING HEALTH AND WELFARE FUND INC raised.
From the IRS filings of KENTUCKY RACING HEALTH AND WELFARE FUND INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
KENTUCKY RACING HEALTH AND WELFARE FUND INC draws 100% of its grant income from funders outside Kentucky, across 1 state in all.
Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Organizations like KENTUCKY RACING HEALTH AND WELFARE FUND INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Kentucky
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
92% of spending goes to programs.
Governance
Public support
82%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Part of a family of 2 related entities
- The Old School LLC · disregarded
- Backtrack Inc · exempt
Screen this organization
A dated, signed PDF of the compliance screen for KENTUCKY RACING HEALTH AND WELFARE FUND INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds KENTUCKY RACING HEALTH AND WELFARE FUND INC?
- KENTUCKY RACING HEALTH AND WELFARE FUND INC (Kentucky) receives grants from 1 organization whose IRS filings report $2,302 to it, the largest being THE JOCKEY CLUB SAFETY NET FOUNDATION ($2,302). 0 of them have funded it in more than one year.
- How many funders does KENTUCKY RACING HEALTH AND WELFARE FUND INC have?
- IRS filings report 1 organization giving $2,302 in grants to KENTUCKY RACING HEALTH AND WELFARE FUND INC.
- Who is the largest funder of KENTUCKY RACING HEALTH AND WELFARE FUND INC?
- THE JOCKEY CLUB SAFETY NET FOUNDATION is the largest funder on record, with $2,302 in grants. The full list of funders is on this page.
- How can an organization like KENTUCKY RACING HEALTH AND WELFARE FUND INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Kentucky. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing