NonprofitsMaryland Racing Media Charitable Foundation Inc

Education

Maryland Racing Media Charitable Foundation Inc

BEL AIR, MD

Total revenue

Total expenses

$10

Net assets

$29K

Grants received

EIN

522289797

Tax year

2024

Mission

The primary exempt purpose of the maryland racing media charitable foundation, inc. Is to award college scholarships to workers on the backstretch of maryland thoroughbred tracks and training centers and at thoroughbred farms throughout the state of maryland. These are farm or stable hands, hot walkers, grooms and exercise riders who work long hours for little pay and sometimes at great risk alongside or on the backs of powerful thoroughbreds. The backstretch is where the thoroughbred horses that race are stabled. The foundation helps promising applicants to pursue higher education by providing financial assistance in the form of scholarships.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue
Investment income
Other revenue
Total revenue

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$10
Total expenses$10
Total assets$29K
Net assets$29K

People

4 listed

NameRoleCompensation

FRANK VESPE

PRESIDENT

Board

1 hrs/wk

JOE CLANCY

VICE PRESIDE

Board

1 hrs/wk

MICHAEL PONS

TREASURER

Board

1 hrs/wk

TOM LAMARRA

SECRETARY

Board

1 hrs/wk

Details

EIN522289797
NTEE codeB82
Subsection03
Ruling date2006-01
MARYLAND RACING MEDIA CHARITABLE FOUNDATION INC — Mission, Financials & Grants Received | Grantivo