May 20, 2024

TCA approves more than $1.5 million in grants

Last updated: 6/26/08 3:19 PM


The board of directors of the Thoroughbred Charities of America (TCA) has
approved grants totaling $1,592,225 to 147 non-profit organizations in 35 states
involved with rescue, research, backstretch education and therapeutic riding
programs.

TCA raises money through a “United Way” method and then distributes the funds
to hundreds of non-profit Thoroughbred industry organizations each year.

“Since horse slaughter has been greatly reduced during the past few years
there has been an increase in unwanted horses, putting a severe financial burden
on the horse rescue groups who receive much of their support from TCA,” TCA
President Herb Moelis said.

TCA raises funds primarily through their annual Stallion Season and Art
Auction, which is set for December 5 at Keeneland in Lexington, Kentucky. In its
19th year, the TCA auction has raised more than $15 million, with more than 96 cents
of every dollar going directly to the charities.

“Nearly every stallion farm donates seasons to the TCA auction,
purchased by other supporters, creating the funds so desperately needed by the
very charities handling the industry’s ex-racehorses, backstretch, research and
other vital non-profits,” TCA Executive Director Liz Harris said.

For additional information, visit www.ThoroughbredCharities.org.