MARYLAND RACING MEDIA CHARITABLE FOUNDATION INC
EIN 52-2289797 · Scholarships & Student Financial Aid (B82)
What they do
THE PRIMARY EXEMPT PURPOSE of THE MARYLAND RACING MEDIA CHARITABLE FOUNDATION, INC. is to AWARD COLLEGE SCHOLARSHIPS to WORKERS ON THE BACKSTRETCH of MARYLAND THOROUGHBRED TRACKS and TRAINING CENTERS and AT THOROUGHBRED FARMS THROUGHOUT THE STATE of MARYLAND. THESE ARE FARM or STABLE HANDS, HOT WALKERS, GROOMS and EXERCISE RIDERS WHO WORK LONG HOURS for LITTLE PAY and SOMETIMES AT GREAT RISK ALONGSIDE or ON THE BACKS of POWERFUL THOROUGHBREDS. THE BACKSTRETCH is WHERE THE THOROUGHBRED HORSES THAT RACE ARE STABLED. THE FOUNDATION HELPS PROMISING APPLICANTS to PURSUE HIGHER EDUCATION BY PROVIDING FINANCIAL ASSISTANCE IN THE FORM of SCHOLARSHIPS.
Should I give to this charity?
Of every $100 spent, about $100.00 was reported for mission work. Use the spending picture below and ask what results that work produced.
Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.
Basic facts we verified
IRS warning checkNo IRS revocation warning appears in this data.
Money report from 2025The charity has a recent tax report to read.
They explain their jobThe charity tells us what it is trying to do.
They name their leaders4 people are listed in the latest report.
You can reach themThey list contact information, so you can ask questions.
Money made simple
Ask these three easy questions
- Who did you help? Ask for a recent story or report that shows real results.
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Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.
Financial picture
A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.
How each $100 of revenue was used
The large number compares each expense with revenue. The smaller number shows its share of total expenses.
Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.
Has the pattern changed?
Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.
Money in and money out
Reported spending amounts
Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.
See all reported dollar amounts
Leadership and board
Names, titles, time, and compensation below are reported by the organization on its Form 990.
No compensation was reported for these leaders. The complete board and leadership roster is shown below.
Board and leadership roster (4)
FRANK VESPEPRESIDENT
JOE CLANCYVICE PRESIDE
MICHAEL PONSTREASURER
TOM LAMARRASECRETARY
About this charity
- Recognized since
- January 2006
- Location
- PO BOX 107, BEL AIR, MD 21014-0107
- County
- Harford
- In care of
- % DAVID RICHARDSON
- Primary officer
- MICHAEL PONS, TREASURER
How to reach them
Filing and classification
- Latest tax year
- 2025
- Tax period began
- January 1, 2025
- Return type
- 990EZ
- Tax preparer
- GEGOREK & COMPANY PA
- NTEE classification
- Scholarships & Student Financial Aid (B82)
- IRS tax category
- Scholarships & Student Financial Aid