This organization files Form 990, which has no section for application policy. Its filings cannot say either way.
The latest filing we hold carries no statement about applications. That is not the same as closed: public-charity Form 990s have no field for it, and many foundations leave the section blank.
Grants paid by year
Total assets by year
Where the money went · FY2024
Form 990 splits expenses into program services, management and fundraising. The split is self-reported, and a grantmaker, a research institute and a direct-service nonprofit book the same work differently. A line the return does not carry reads "not available"; it is never counted as zero.
| Year | Form | Revenue | Expenses | Grants paid | Assets | Net assets |
|---|---|---|---|---|---|---|
| FY2024 | 990 | $8,253,123 | $8,116,119 | $60,000 | $6,291,584 | $3,672,859 |
| FY2023 | 990 | $7,244,621 | $7,626,360 | $97,500 | $5,705,840 | $2,918,339 |
| FY2022 | 990 | $6,945,171 | $7,370,569 | $95,000 | $5,949,101 | $2,968,402 |
| FY2021 | 990 | $3,844,478 | $3,505,199 | $0 | $6,625,289 | $4,031,361 |
| FY2020 | 990 | $2,479,645 | $3,362,745 | $0 | $5,707,837 | $3,366,662 |
Figures are as reported on the e-filed return, with no restatement. Fiscal years are the funder's own tax year, labelled by the calendar year the period ends in. A blank line means the return does not carry that figure; a real zero shows as $0. When an amended return replaces an original, every figure here uses the amended return. The original is not shown. Giving is what the funder actually paid out toward its charitable purpose in the year (qualifying distributions on Form 990-PF, charitable disbursements otherwise). Assets are what it holds; giving is what moves.
Recipient focus areas
Where recipients are
Based on the 100% of grant rows we could match to an organization record. The rest stay as reported. The IRS assigns the NTEE category when it grants exemption. It often reflects the original filing, not today's giving.
| Recipient | Purpose | Amount | Year | Source |
|---|---|---|---|---|
| KENTUCKY DERBY FESTIVAL FOUNDATIONLOUISVILLE, KY | TO FUND EVENTS AND PROVIDE GENERAL SUPPORT | $97,500 | 2023 | |
Recipients are shown as the funder wrote them on the return. A recipient with a link was matched to an organization record; the rest stay as reported and are never guessed.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Matthew Gibson | PRESIDENT & CEO | 35.00 | $210,743 |
| Erin Rasinen | CHAIR | 3.00 | $0 |
| Ken Selvaggi | IMMEDIATE PAST CHAIR | 3.00 | $0 |
| Alfonso Cornish | CHAIR-ELECT |
From the officer list on the latest e-filed return. Compensation is as reported there; a blank means the return carries no figure.
| KENTUCKY DERBY FESTIVAL FOUNDATIONLOUISVILLE, KY |
| TO FUND EVENTS AND PROVIDE GENERAL SUPPORT |
| $95,000 |
| 2022 |
| KENTUCKY DERBY FESTIVAL FOUNDATIONLOUISVILLE, KY | TO FUND EVENTS AND PROVIDE GENERAL SUPPORT | $60,000 | 2024 |
| 3.00 |
| $0 |
| Louis Waterman | SECRETARY | 3.00 | $0 |
| Bill Fisher | TREASURER | 3.00 | $0 |
| Crystal Anderson | BOARD MEMBER | 3.00 | $0 |
| Steve Andriot | BOARD MEMBER | 3.00 | $0 |
| Col John Aubrey | BOARD MEMBER | 3.00 | $0 |
| Phillip Baker | BOARD MEMBER | 3.00 | $0 |
| Tracey Ballard | BOARD MEMBER | 3.00 | $0 |
| David Beck | BOARD MEMBER | 3.00 | $0 |
| Jill Bell | BOARD MEMBER | 3.00 | $0 |
| David Bingham | BOARD MEMBER | 3.00 | $0 |
| Tyler Bliss | BOARD MEMBER | 3.00 | $0 |
| Mike Campbell | BOARD MEMBER | 3.00 | $0 |
| Paul Carroll | BOARD MEMBER | 3.00 | $0 |
| Janice Cates | BOARD MEMBER | 3.00 | $0 |
| Jason Chin | BOARD MEMBER | 3.00 | $0 |
| Carolle Clay | BOARD MEMBER | 3.00 | $0 |
| Natasha Collins | BOARD MEMBER | 3.00 | $0 |
| Lisa Columbia | BOARD MEMBER | 3.00 | $0 |
| Derek Cowherd | BOARD MEMBER | 3.00 | $0 |
| J Delaney | BOARD MEMBER | 3.00 | $0 |
| Will Donaldson | BOARD MEMBER | 3.00 | $0 |
| Gary Friedman | BOARD MEMBER | 3.00 | $0 |
| Les Fugate | BOARD MEMBER | 3.00 | $0 |
| Mike Gandolfo | BOARD MEMBER | 3.00 | $0 |
| Lance George | BOARD MEMBER | 3.00 | $0 |
| Cynthia Goldsberry | BOARD MEMBER | 3.00 | $0 |
| Marina Gonzalez | BOARD MEMBER | 3.00 | $0 |
| Allison Gousha | BOARD MEMBER | 3.00 | $0 |
| Jo Graves | BOARD MEMBER | 3.00 | $0 |
| Robert Hecht | BOARD MEMBER | 3.00 | $0 |
| Darren Hobbs | BOARD MEMBER | 3.00 | $0 |
| Cassidy Hyde | BOARD MEMBER | 3.00 | $0 |
| Mary Irby-Jones | BOARD MEMBER | 3.00 | $0 |
| Briana Lathon Bluford | BOARD MEMBER | 3.00 | $0 |
| Janet Lively Mccauley | BOARD MEMBER | 3.00 | $0 |
| Ann Maldini | BOARD MEMBER (THRU 4/24) | 3.00 | $0 |
| Mike Mangeot | BOARD MEMBER | 3.00 | $0 |
| Tim Mcgurk | BOARD MEMBER | 3.00 | $0 |
| Melanie Miller | BOARD MEMBER (THRU 6/24) | 3.00 | $0 |
| Andy Murphy | BOARD MEMBER | 3.00 | $0 |
| Sarah Neff | BOARD MEMBER | 3.00 | $0 |
| Dwight Newton | BOARD MEMBER | 3.00 | $0 |
| Carol Nord | BOARD MEMBER | 3.00 | $0 |
| John O'Brien | BOARD MEMBER | 3.00 | $0 |
| Jason O'Daniel | BOARD MEMBER | 3.00 | $0 |
| Mike Parrino | BOARD MEMBER | 3.00 | $0 |
| Barbara Porter | BOARD MEMBER | 3.00 | $0 |
| Leslie Raeber-Eberle | BOARD MEMBER | 3.00 | $0 |
| Casey Ramage | BOARD MEMBER | 3.00 | $0 |
| Debbie Roberson | BOARD MEMBER | 3.00 | $0 |
| Donna Salas | BOARD MEMBER | 3.00 | $0 |
| Ryan Sienkowski | BOARD MEMBER | 3.00 | $0 |
| Maria Smith | BOARD MEMBER | 3.00 | $0 |
| Megan Thoben | BOARD MEMBER | 3.00 | $0 |
| Corenza Townsend | BOARD MEMBER | 3.00 | $0 |
| Nancy Trafton | BOARD MEMBER | 3.00 | $0 |
Nearest by size, location and giving pattern in the database. Geography weighs heavily. Treat it as a starting list, not a ranking of fit.