Animals : Animal Rights, Welfare, and Services

Grayson-Jockey Club Research Foundation

Advancing research to enhance the health and soundness of horses of all breeds

Rating

Overall Rating    
      (59.31)
Organizational Efficiency      
Program Expenses 79.6%    
Administrative Expenses 7.4%    
Fundraising Expenses 12.9%    
Fundraising Efficiency $0.22    
Efficiency Rating    
      (30.46)
Organizational Capacity      
Primary Revenue Growth 5.1%    
Program Expenses Growth 25.0%    
Working Capital Ratio (years) 10.12    
Capacity Rating    
      (28.85)

Income Statement     (FYE 12/2007)

Revenue  
Primary Revenue $1,393,381
Other Revenue $1,614,527
Total Revenue $3,007,908
   
Expenses  
Program Expenses $1,955,066
Administrative Expenses $183,885
Fundraising Expenses $317,052
Total Functional Expenses $2,456,003
   
Payments to Affiliates $0
Excess (or Deficit) for the year $551,905
   
Net Assets $24,891,868

Charts

Expenses Breakdown

Expenses Legend

Revenue/Expenses Trend

Revenue-Expense Legend

Contact Information

Grayson-Jockey Club Research Foundation
821 Corporate Drive
Lexington, KY 40503
tel: (859) 224-2850
fax: (859) 224-2853
EIN: 61-6031750

Contact Email
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Leadership      (FYE 12/2007)

Name Title Compensation % of Expenses
Edward L. Bowen President (The person identified as holding the highest position of management, and therefore who would normally be responsible for carrying out the mission of the charity and leading the organization on a day-to-day basis.) $93,400 3.80%
Other Salaries of Note
Nancy Kelly Director of Development (Using information reported on an organization's most recent Form 990, we include as compensation an individual's salary, cash bonuses, and expense accounts and other allowances. We do not include contributions to benefit plans or compensation deferred to a future date.) $95,700 3.89%

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Mission

The forerunner of today's Grayson-Jockey Club Research Foundation was the Grayson Foundation, established in 1940. From the beginning, the Foundation's aim was to support research at existing institutions rather than carry out the research itself. The Jockey Club, which has served as the North American Thoroughbred breed registry since 1894, created its own research Foundation in 1984. Five years later, The Jockey Club Research Foundation was merged with the Grayson Foundation, to be known since then as the Grayson-Jockey Club Research Foundation. In recent years the combined Foundation has been able to allocate more than $750,000 annually in grants.

Charities Performing Similar Types of Work

Charity Name Overall Score Overall Rating
Grayson-Jockey Club Research Foundation - KY 59.31
Farm Sanctuary - NY 57.19
The Humane Society of the United States - DC 62.61
Animal Welfare Institute - DC 59.58
No More Homeless Pets in Utah - UT 58.54
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