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THE JOCKEY CLUB SAFETY NET FOUNDATION
NEW YORK, NY · EIN 136124094 · Form 990 · FY2024 · Medium ($1M-$10M)
revenue
$1.2M
expenses
$531K
net assets
$15.9M
employees
0
volunteers
12
program ratio
75%
mission · from form 990

THE JOCKEY CLUB SAFETY NET FOUNDATION PROVIDES FINANCIAL RELIEF AND ASSISTANCE TO MEMBERS OF THE THOROUGHBRED INDUSTRY AND THEIR FAMILIES.

profile · synthesized from sources

The Jockey Club Safety Net Foundation provides financial assistance to individuals in the thoroughbred racing industry and their families who are facing hardship due to prolonged illness, permanent disability, or death. Support is directed toward covering temporary basic living, medical, and funeral expenses. The foundation operates nationally, with aid distributed to individuals and affiliated organizations across the U.S. thoroughbred community.

named programs · 1 · from sources

What they call their work

Financial Assistance Program
Provides temporary financial relief to individuals in the thoroughbred industry for medical, funeral, and basic living expenses related to prolonged illness or permanent disability.
activities · 1 group

What they do

  • Church and Congregation-Based Financial Aid 1 activity
    • Funding financial assistance for medical, funeral, and basic living expenses
      Funds temporary financial assistance for individuals facing prolonged illness or permanent disabilities, covering medical, funeral, and basic living expenses.
financials · form 990 · fy2024
revenue
Total revenue$1.19M
Contributions & grants$246K21%
Program service revenue$00%
Investment income$954K80%
Other revenue$-5K
expenses
Total expenses$531K
Program expenses75%
Admin / overhead14%
Fundraising11%
Salaries & benefits$131K
Grants paid out$358K
Largest expense lineCompensation
balance sheet
Total assets$15.90M
Cash$341K
Investments$15.51M
Liabilities$28K
Net assets$15.88M
Liquid reserves358.5 mo
4 years on record · 2020–2024 · YoY revenue +188.4%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 1
NameTitleHours/wkCompensation
SHANNON KELLY SECRETARY/EXECUTIVE DIRECTOR 40 $131K
board members · 3
  • C STEVEN DUNCKER — MANAGING TRUSTEE
  • HELEN ALEXANDER — TRUSTEE
  • SHANNON ARVIN — TRUSTEE
relationships · 2

Who they work with

  • FLORIDA TRACKS- BACKSTRETCH Partner — Recipient of financial support for individuals in need within the thoroughbred industry.
  • RTCA-NY Partner — Recipient of financial support for individuals in need within the thoroughbred industry.
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.