06/24/2009 11:00PM

Farish to donate $1M to Disabled Jockeys' Fund


William S. Farish, the owner of Lane's End Farm, has pledged to contribute $1 million to the Permanently Disabled Jockeys' Fund, which provides financial aid to riders who have suffered career-ending injuries, the fund announced on Thursday.

The $1 million pledge will be contributed in four equal annual installments of $250,000 over the next four years, beginning this year, according to the fund. The fund currently supports 60 former jockeys who have become permanently disabled.

Nancy LaSala, the executive director of the fund, said that the pledge is the single largest cumulative contribution made to the fund. The organization currently pays disabled riders out of its operating funds, and Farish's contribution will allow the organization to begin building an endowment that would generate income.

"The long-term intent of the organization is to use money from an endowment for our operating funds," LaSala said.