- Revenue 2024
- $5,212,506
- Expenses 2024
- $3,339,255
Program services were 79.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
As filed
- Subsection
- 03
- NTEE code
- D054
- Classification
- 1000
- Street
- 250 PARK AVE STE 2020
These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).
Mission and programs · 2024
Mission
THE ORGANIZATION IS COMMITTED TO THE ADVANCEMENT OF RESEARCH TO ENHANCE THE SAFETY AND HEALTH OF THE HORSE.
-
GRAYSON-JOCKEY CLUB RESEARCH FOUNDATION IS A LEADING, NON-PROFIT CHARITABLE ORGANIZATION. MEMBERSHIP IS UNRESTRICTED AND OPEN TO ALL. THE FOUNDATION'S MISSION IS TO FUND VETERINARY RESEARCH BENEFICIAL TO PROMOTING THE HEALTH AND SOUNDNESS OF HORSES. ALTHOUGH IT IS AFFILIATED WITH THE THOROUGHBRED HORSE INDUSTRY, MOST RESEARCH IS BENEFICIAL TO ALL BREEDS. IN 2024, THE FOUNDATION FUNDED 16 GRANTS TOTALING $2,423,608. VETERINARY RESEARCH IS CONDUCTED AT UNIVERSITIES IN NORTH AMERICA, AUSTRALIA, AND BELGIUM. THE FOUNDATION HAS NO ALLIANCE WITH ANY ONE UNIVERSITY AND IS FREE TO FUND THE BEST RESEARCH BASED ON RECOMMENDATIONS FROM ITS RESEARCH ADVISORY COMMITTEE. A PERCENTAGE OF APPROVED FUNDING IS DIRECTED TO SUPPORT LAB TECHNICIANS AND GRADUATE ASSISTANTS TO SUPPORT THE PRINCIPAL INVESTIGATOR. THUS, RESEARCH TODAY IS HELPING TO RECRUIT AND TRAIN RESEARCHERS FOR TOMORROW, GIVING EXTRA IMPACT FROM THE FOUNDATION'S FUNDING. ASIDE FROM STAFF ASSISTANCE, THE FOUNDATION DOES NOT PAY THE PRINCIPAL INVESTIGATOR'S SALARY OR ANY OTHER OVERHEAD, THEREBY TARGETING ITS DOLLARS DIRECTLY FOR RESEARCH.
Expenses $2,636,551 · Grants $2,423,608
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Officers and directors · 2024
As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
KEVIN LAVIN
CHAIRMAN (PARTIAL YEAR)
- Total calculated
- $0
- Hours/week
- 4
-
GEOFFREY RUSSELL
VICE CHAIRMAN (PARTIAL YEAR)
- Total calculated
- $0
- Hours/week
- 1
-
DELL HANCOCK
DIRECTOR/CHAIRMAN (PARTIAL YEAR)
- Total calculated
- $0
- Hours/week
- 4
-
DR RICK M ARTHUR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
DONALD R DIZNEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
BEN HAGGIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
BRAXTON JONES LYNCH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
JOHN C OXLEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
DR HIRAM C POLK JR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
VIRGINIA GUEST VALENTINE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
PERRY R BASS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
DR LARRY R BRAMLAGE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
ADELE B DILSCHNEIDER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
STUART S JANNEY III
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
DAISEY PHIPPS PULITO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
CHARLSIE CANTEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
LOUIS CELLA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
LUCY YOUNG HAMILTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
JOHN M B O'CONNOR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
J MICHAEL O'FARRELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
VINNIE VIOLA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
JAMIE S HAYDON
PRESIDENT
- Total calculated
- $189,000
- From this org
- $177,899
- From related orgs
- $0
- Other
- $11,101
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $146,636
- Bonus
- $30,734
- Other
- $529
- Deferred
- $10,043
- Nontaxable benefits
- $1,058
- Filer's total
- $189,000
-
RESIA AYERS
SECRETARY (PARTIAL YEAR), OPERATIONS MANAGER
- Total calculated
- $88,205
- From this org
- $57,522
- From related orgs
- $0
- Other
- $30,683
- Hours/week
- 40
-
LAURA BARILLARO
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
MARC SUMMERS
SECRETARY AS OF 12/17/24
- Total calculated
- $0
- Hours/week
- 1
The first 25 listed. Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.
Filings
-
2024
- Revenue
- $5,212,506
- Expenses
- $3,339,255
- Contributions
- $2,290,510
- Grants paid
- $2,423,608
-
2023
- Revenue
- $3,276,635
- Expenses
- $2,700,755
- Contributions
- $1,767,034
- Grants paid
- $1,896,057
-
2022
- Revenue
- $3,114,587
- Expenses
- $2,348,194
- Contributions
- $2,234,135
- Grants paid
- $1,659,537
The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.
Other returns filed
-
2021 · 990
- Revenue
- $8,514,862
- Expenses
- $2,330,438
- Assets (EOY)
- $48,405,049
-
2020 · 990
- Revenue
- $2,940,794
- Expenses
- $2,073,714
- Assets (EOY)
- $40,429,911
-
2019 · 990
- Revenue
- $3,986,794
- Expenses
- $2,116,182
- Assets (EOY)
- $33,689,804
-
2018 · 990
- Revenue
- $2,883,522
- Expenses
- $2,090,513
- Assets (EOY)
- $28,185,906
-
2017 · 990
- Revenue
- $4,000,756
- Expenses
- $2,327,548
- Assets (EOY)
- $29,875,119
-
2016 · 990
- Revenue
- $1,927,142
- Expenses
- $1,950,614
- Assets (EOY)
- $25,720,782
-
2015 · 990
- Revenue
- $3,719,155
- Expenses
- $2,061,014
- Assets (EOY)
- $25,131,019
-
2013 · 990
- Revenue
- $3,102,687
- Expenses
- $1,516,976
- Assets (EOY)
- $23,617,128
-
2012 · 990
- Revenue
- not reported
- Expenses
- $1,416,238
- Assets (EOY)
- $19,638,895
Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.
Grants made
-
$697,719
2024 EQUINE RESEARCH
-
$414,709
2023 EQUINE RESEARCH
-
$364,762
2024 EQUINE RESEARCH
-
$363,425
2022 Equine Research
-
$288,371
2024 EQUINE RESEARCH
-
$255,924
2023 EQUINE RESEARCH
-
$249,201
2023 EQUINE RESEARCH
-
$246,157
2024 EQUINE RESEARCH
-
UNIVERSITY OF CALIFORNIA-DAVIS
$223,127
2023 EQUINE RESEARCH
-
UNIVERSITY OF WISCONSIN - MADISON
$138,248
2024 EQUINE RESEARCH
The 10 largest by cash amount. The API serves every itemized grant.
Grants received
-
2023 For grant recipient's exempt purposes
-
2022 For grant recipient's exempt purposes
-
2024 D05 RESEARCH INSTITUTES AND/OR PUBLIC POLICY ANALYSIS
-
2023 GENERAL SUPPORT
-
2025 GENERAL SUPPORT
-
$27,000
2023 HUMAN SERVICES
-
$27,000
2024 ENVIRONMENT, ANIMALS
-
$25,000
2022 ENVIRONMENT, ANIMALS
-
2024 RESEARCH ON TREATMENT OF MENISCAL INJURY WITH MESENCHYMAL STEM CELLS
-
2024 For grant recipient's exempt purposes
The 10 largest by cash amount. The API serves every itemized grant.
Other IRS files
Auto-Revocation List
Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.
Publication 78
Listed as of 13 October 2026, under deductibility PC.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.
What this page reflects
The registration facts above come from the IRS Business Master File published 13 October 2026 and read 26 October 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.