TCA announces 71 grants
From a Thoroughbred Charities of America release
Thoroughbred Charities of America (TCA) announced today grants totaling $535,851 have been awarded to 71 Thoroughbred industry-related non-profits that work to uphold TCA’s mission. Grant recipients from the last three years can be found on www.tca.org.
TCA distributes grants to several categories of Thoroughbred related nonprofits including retirement, rehabilitation and rehoming organizations; backstretch and farm employee programs; equine-assisted therapy programs; and research organizations. Grants are provided to organizations that successfully meet the criteria set forth in TCA’s annual grant application. Grant applications for the 2017 grant cycle will be available in early January.
“We are grateful to our donors who make our grants possible,” said TCA president Mike McMahon. “We employ an extensive application review process because we strongly believe in being outstanding stewards of the funds entrusted to us. We are thrilled to support so many organizations doing outstanding work on behalf of Thoroughbreds and those who care for them.”
TCA’s mission is to provide a better life for Thoroughbreds, both during and after their racing careers, by supporting qualified repurposing and retirement organizations and by helping the people who care for them. TCA distributes grants to several categories of Thoroughbred-related nonprofits including rehabilitation, retraining, rehoming and retirement organizations; backstretch and farm employee programs; equine-assisted therapy programs; and research organizations. Since its inception in 1990, TCA has granted over $21 million to more than 200 charities. TCA administers the Horses First Fund, a fund recently started by LNJ Foxwoods to assist a horse rescue operation in Mercer County, Kentucky as well as provide emergency aid for horses in need in the future. From 2000-2015, more than 95% of TCA’s expenditures were allocated to program services including direct grants. TCA is the charitable arm of the Thoroughbred Owners and Breeders Association (TOBA).