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Retired Racehorses

tfrr_reportandappendicesfinal

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EXAMPLES OF CURRENT INDUSTRY FUNDING STREAMS<br />

In 2011 alone the racing and breeding industry has taken steps to address and improve awareness<br />

of retirement programs. Many industry groups from across the U.S. have begun discussing<br />

national funding plans.<br />

For Thoroughbred racing, retirement programs (via the Thoroughbred Retirement Foundation)<br />

have already received a “kick-start” grant from California and a program commitment from The<br />

New York Racing Association, Inc. (NYRA) and the New York Thoroughbred Horsemen’s<br />

Association, Inc. (NYTHA) of $185,000 per year in matching funds.<br />

The U.S. Trotting Association, which acts as a single-source organization for the entire<br />

Standardbred racing industry, maintains several programs that, while still in infancy, have shown<br />

positive results for housing and aftercare of retired racehorses.<br />

The USTA’s Support Our Standardbred program sets aside $100,000 each year to assist law<br />

enforcement or registered non-profits that come into possession of abused or neglected<br />

Standardbreds. The program has assisted more than 70 horses so far.<br />

Other groups, including the Thoroughbred Retirement Foundation and the Standardbred<br />

Retirement Foundation, which are both 501 (c) 3 organizations, rely heavily on private donations<br />

and fundraising efforts for their operating expenses.

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