TCA awards over $500,000 in grants to industry non-profits

The Thoroughbred Charities of America (TCA) has awarded grants totaling $502,058 to 72 Thoroughbred industry-related non-profits that work to uphold the organization’s mission.

TCA distributes grants to Thoroughbred rescue, rehabilitation and adoption organizations, as well as to education and backstretch programs, therapeutic riding programs and research organizations.

“Thanks to the continued support of our generous donors TCA is once again able to provide financial assistance to many worthy charities,” TCA President Dan Rosenberg said. “TCA believes strongly in being a good steward of the donations entrusted to us and as such we take very seriously our disbursement of grants.”

TCA’s mission is to provide a better life for Thoroughbreds, both during and after their racing careers, by supporting retirement, rescue and research and by supporting industry workers. More than 200 Thoroughbred-related charities have received a grant from TCA since its inception in 1990. From 2000 to 2011, more than 95 percent of the organization’s expenditures were allocated to program services, including direct grants. TCA’s primary fundraiser is its annual stallion season auction held each winter in Lexington, Ky.

TCA became formally affiliated with the Thoroughbred Owners and Breeders Association (TOBA) in 2008 and is now the charitable arm of the organization.

TCA grants funds to organizations that successfully meet the criteria set forth in its annual grant application. Applications for the 2014 grant cycle will be available on www.tca.org in early January.