Indiana Horsemen's Benevolent &
THE ASSOCIATION'S MISSION IS TO PROMOTE, DEVELOP AND IMPROVE THE HORSE RACING INDUSTRY IN INDIANA. THE ASSOCIATION'S MOTTO IS: "WE ARE HORSEMEN HELPING HORSEMEN."
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$1.3M
-5.0% YoY
Annual Giving
$90K
-10.0% YoY
Grant Count
3
+0.0% YoY
Avg Grant Size
$30K
-10.0% YoY
Go deeper than public filings
PRO- Giving trend analysis — growing or declining?
- Organizations like yours that won grants here
- Strategic fit assessment for your organization
- Application timing recommendations
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,312,803 | $1,382,342 | $1,343,101 |
| Revenue | $1,565,822 | $1,580,285 | $1,637,366 |
| Expenses | $1,641,920 | $1,528,347 | $1,369,220 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $23,413 | $10,342 | $392 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
16 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Indiana Horsemen's Benevolent & fund?
Explore the funder–grantee relationships behind this foundation, powered by GrantGraph™ — our database of 11 million+ funding connections.
- Similar orgs that won grants here
- GrantGraph™ relationship mapping
- 11M+ connections in GrantGraph™
Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOE DAVIS | PRESIDENT | 15 | — |
| KATHRYN KUNZ-DURAN | 1ST VICE PRE | 2 | — |
| RANDY KLOPP | 2ND VICE PRE | 2 | — |
| ANTONIO DURAN | DIRECTOR | 2 | — |
| SHARON HOLDEN | DIRECTOR | 2 | — |
| MIKE LAUER | DIRECTOR | 2 | — |
| PENNY LAUER | DIRECTOR | 2 | — |
| RON MCKAY | DIRECTOR | 2 | — |
| AUSTIN NICKS | DIRECTOR | 2 | — |
| MIKE WEAVER | DIRECTOR | 2 | — |
| AARON WEST | DIRECTOR | 2 | — |
| TIMOTHY D GLYSHAW | EXECUTIVE DI | 40 | $102,429 |
| LISA E STEPHENS | BENEVOLENCE | 40 | $82,857 |
| BRIAN J ELMORE | EXEC DIRECT | 40 | $128,670 |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
What could you do with Indiana Horsemen's Benevolent & on Grantable?
- Assess strategic fit with your organization
- Get AI-generated opportunity briefs
- Monitor for new funding opportunities
- Draft a tailored letter of inquiry