Mission
TO PROVIDE CHARITY AND FINANCIAL ASSISTANCE TO INDIVIDUALS AND FAMILIES WHO HAVE PARTICIPATED IN MOTOR SPORTS WHO ARE IN NEED DUE TO DEATH, INJURY, OR ILLNESS.
Small Public Charity
THE BENEVOLENT FUND OF MOTORSPORTS INC
THE BENEVOLENT FUND OF MOTORSPORTS INC is a Small Public Charity headquartered in INDIANAPOLIS, IN. IRS filings disclose 1 grants awarded by this foundation, totaling roughly $20K.
EIN: 351989273
INDIANAPOLIS, IN
Human Service Organizations
NTEE: P20
Latest filing: 2024
Grants Given1
Grant Total$20K
Filing Years2019–2024
Where $100 goes at The Benevolent Fund of Motorsports Inc
How The Benevolent Fund of Motorsports Inc divides every $100 it spends, from its own Form 990-EZ filings, averaged across 5 years.
$98
Programs
the work itself
$2
Everything else
operations and overhead
Form 990-EZ reports program spending but doesn't separate management from fundraising, so those are shown together.
Inside the $98 for programs
$98
To provide charity and financial assistance to individuals and families who have participated in motor sports who are in need due to death, injury, or illness
Source: Form 990-EZ filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Given
SPONSORSHIP OF A ROOM IN NEW FACILITY
$20,000
Showing up to 5 of 1 total records — full history available with membership.
Officers & Directors
MEMBER
Beth Boles
Secretary
Denise Titus
MEMBER
Elizabeth Powers
Treasurer
Gina Wolters
President
Matthew Welty
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | — | — | — |
| 2023 | — | $4K | $437K |
| 2022 | $9K | $57K | $437K |
| 2020 | $13K | $80K | $506K |
| 2019 | $62K | $88K | $540K |
Between 2019 and 2022, reported annual revenue declined from $62K to $9K (-85%).
Interactive year-over-year charts and full filing details available with membership.
Grant Geography
Grants from this foundation were reported to recipients in IN.
IN
Full geographic grant map with state-by-state breakdown available with membership.