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Animals : Animal Rights, Welfare, and Services (Grantmaking)

Grayson-Jockey Club Research Foundation

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

three stars

85.25

821 Corporate Drive Lexington, KY 40503
tel: (859) 224-2850   Web Site
EIN: 61-6031750

Board Leadership
Dell Hancock
Chair

CEO
Edward Bowen
President

 
 
  Score
(out of 100)
Rating
Overall Score & Rating 85.25 three stars
  Financial 82.29 three stars
  Accountability & Transparency 89.00 three stars
This rating was published 04/01/2018 and includes data from FY2016, the most recent 990 received at that time.

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. Grayson-Jockey Club is a leading source of private funding of veterinary research specifically to benefit horses. Since 1983, the Foundation has provided $24.8 million to fund 346 projects at 43 universities (through 2017).

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. Grayson-Jockey Club is a leading source of private funding of veterinary research specifically to benefit horses. Since 1983, the Foundation has provided $24.8 million to fund 346 projects at 43 universities (through 2017).

Results Information

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Financial

three stars

82.29

Accountability & Transparency

three stars

89.00

This rating was published 04/01/2018 and includes data from FY2016, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
72.5%
  Administrative Expenses 8.5%
  Fundraising Expenses 18.9%
  Fundraising Efficiency $0.23
  Working Capital Ratio (years) 10.19
  Program Expenses Growth 7.4%
  Liabilities to Assets 0.3%
All data for Financial Performance Metrics calculations was provided by Grayson-Jockey Club Research Foundation on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Grayson-Jockey Club Research Foundation on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Grayson-Jockey Club Research Foundation (KY) 85.25 three stars
Humane Farming Association (CA) 86.88 three stars
PetSmart Charities (AZ) 93.79 four stars
American Humane (DC) 90.25 four stars
Animal Welfare Institute (DC) 92.92 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $389,340
   Federated Campaigns $0
   Membership Dues $976,547
   Fundraising Events $138,900
   Related Organizations $0
   Government Grants $0
Total Contributions $1,504,787
   Program Service Revenue $0
Total Primary Revenue $1,504,787
   Other Revenue $422,355
TOTAL REVENUE $1,927,142
   
EXPENSES  
   Program Expenses $1,391,179
   Administrative Expenses $163,896
   Fundraising Expenses $395,539
TOTAL FUNCTIONAL EXPENSES $1,950,614
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-23,472
   
Net Assets $25,625,160

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Grants for Equine-related Scientific Research $1,391,179 100.0%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2016-12 04/01/2018 85.25 three stars
2015-12 11/01/2017 86.37 three stars
2015-12 06/01/2017 84.58 three stars
2014-12 06/01/2016 84.71 three stars
 
CN 2.0
2014-12 03/01/2016 86.19 three stars
2013-12 07/01/2015 74.62 two stars
2012-12 06/01/2014 74.88 two stars
2011-12 07/01/2013 74.95 two stars
2010-12 03/01/2012 79.80 two stars
2009-12 09/20/2011 80.14 three stars
 
CN 1.0
2009-12 02/01/2011 81.36 three stars
2008-12 04/01/2010 82.57 three stars
2007-12 12/17/2008 89.31 three stars
2006-12 02/01/2008 92.02 four stars
2005-12 02/01/2007 78.77 two stars
2004-12 01/01/2006 79.14 two stars
2003-12 12/01/2004 65.92 one star
2002-12 02/01/2004 79.50 two stars
2001-12 06/09/2003 82.44 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 61-6031750
Name in IRS Master File GRAYSON-JOCKEY CLUB RESEARCH FOUNDATION
NTEE Code D05
NTEE Classification Research Institutes and/or Public Policy Analysis
NTEE Type Animal-Related
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (602) Gifts, grants, or loans to other organizations
(59) Other school related activities
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date June, 1942
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2016
  • December, 2015
  • December, 2014
  • December, 2013
  • December, 2012

The data displayed in this profile is provided by the IRS for free in the form of Publication 78 and the Business Master File (BMF).

Compensation % of Expenses Paid to Title
$134,679 6.90% Edward Bowen President
Other Salaries of Note
$147,778 7.57% Garrett Gleeson Director Of Major Gifts

Highly Rated

Charity Name & State Overall Score Overall Rating
Grayson-Jockey Club Research Foundation (KY) 85.25 three stars
American Kennel Club Canine Health Foundation (NC) 90.55 four stars
Animal Legal Defense Fund (CA) 96.56 four stars
American Veterinary Medical Foundation (IL) 96.53 four stars
Humane Farming Association (CA) 86.88 three stars

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Charity Contact Info

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

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Board Leadership

Dell Hancock
Chair

CEO

Edward Bowen
President

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