Racing Medication and Testing Consortium

LEXINGTON, KY EIN: 72-1559413 Website

THE MISSION OF THE CONSORTIUM IS TO ENGAGE IN RESEARCH, EDUCATION, AND ADVOCACY FOR SCIENCE-BASED INITIATIVES THAT PROMOTE THE HEALTH AND SAFETY OF THE RACEHORSE AND THE INTEGRITY OF COMPETITION.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$568K

-35.4% YoY

Annual Giving

$162K

+200.1% YoY

Grant Count

2

+0.0% YoY

Avg Grant Size

$81K

+200.1% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$244K$488K$732K$976K20202021202220232024
Metric202420232022
Total Assets$568,320$879,800$1,081,317
Revenue$522,255$461,111$718,573
Expenses$887,587$662,997$591,672
Qualifying Distributions
Net Investment Income$17,852$14,944$4,448
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$49K$98K$148K$197K2 grants20201 grants20213 grants20222 grants20232 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

UNIVERSITY OF PENNSYLVANIA$102KUNIVERSITY OF CALIFORNIA…$60K

Grant Size Distribution

10 grants across all recorded years

5<$50K3$50–100K2$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Racing Medication and Testing Consortium fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

MICHAEL D HARDYEXECUTIVE DIRECTOR$220K

From 2024 filing

NameTitleHoursCompensation
MICHAEL D HARDYEXECUTIVE DIRECTOR40$220,050
ALEX WALDROPCHAIRMAN1
ALAN FOREMANCO-VICE CHAIR1
HANK ZEITLINCO-VICE CHAIR1
JANET VAN BEBBERTREASURER1
KEITH CHAMBLINTREASURER1
RICK ARTHURSECRETARY1
ALAN BALCHDIRECTOR1
ANDY SCHWEIGARDTDIRECTOR1
BILL NADERDIRECTOR1
CHAUNCEY MORRISDIRECTOR1
CLAYTON MCCOOKDIRECTOR1
DAVID O'ROURKEDIRECTOR1
DIONNE BENSONDIRECTOR1
DORA DELGADODIRECTOR1
ED MARTINDIRECTOR1
ERIC HAMELBACKDIRECTOR1
JAMIE HAYDONDIRECTOR1
JEFF BLEADIRECTOR1
JIM MEYERDIRECTOR1
JOHN CAMPBELLDIRECTOR1
LYNN HOVDADIRECTOR1
STUART BROWNDIRECTOR1
TERRY MEYOCKSDIRECTOR1
TOM ROBBINSDIRECTOR1
WILL FARMERDIRECTOR1

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

5states

Cities

ChicagoGainesvilleLexingtonLos AngelesPhiladelphiaWest Sacramento

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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