Jockey Club creates program to aid Thoroughbred charities
When Thoroughbred owners and breeders in North America submit their foal
registration applications on or after January 1, 2009, they will be able to
participate in a voluntary check-off program, created and administered by The
Jockey Club, which will assist two organizations that provide post-racing care
for Thoroughbreds.
The joint announcement was made today by Thoroughbred Charities of
America (TCA), the Thoroughbred Retirement Foundation (TRF) and The Jockey Club.
As an incentive to encourage participation, The Jockey Club will match the
check-off on a dollar-to-dollar basis up to $200,000 in 2009. Check-off proceeds
and matching funds will be distributed to Thoroughbred Charities of America and
Thoroughbred Retirement Foundation.
The matching funds will come from The Jockey Club's four commercial
subsidiaries: The Jockey Club Information Systems Inc.; The Jockey Club
Technology Services Inc.; InCompass Solutions Inc.; and The Jockey Club Racing
Services Inc.
TCA raises funds and distributes grants to a variety of non-profit
organizations designed to improve conditions for horses and people in the
Thoroughbred industry. Funds from The Jockey Club check-off program will be
directed specifically to TCA's Thoroughbred re-training and adoption
initiatives.
Founded in 1983, the TRF is dedicated to providing humane retirement options
for Thoroughbreds at the end of their racing careers and it operates vocational
training in equine care for inmates at nine correctional facilities around the
country. Funds from The Jockey Club check-off program will be designated
specifically for the TRF's vocational training at correctional facilities.
Thoroughbred breeders will have the option of selecting one of four graduated
amounts ($25, $50, $75, or $100) to be designated for these Thoroughbred
aftercare programs or they can fill in the amount of their choice on the
Application for Foal Registration form. These contributions will not qualify as
charitable contributions for federal income tax purposes.
"We applaud the efforts of these two organizations through the years to
retire, retrain and find suitable homes for Thoroughbred racehorses," said Alan
Marzelli, president of The Jockey Club. "We are confident that the creation of
this check-off program will further those efforts and encourage others to take
similar steps to ensure the well-being of our Thoroughbred athletes when their
racing careers are over."
"The check-off program will provide a tremendous boost to the TCA's racehorse
retraining and adoption efforts and we hope that all owners and breeders will
participate in it," said Herb Moelis, president of the TCA. "We are grateful to
The Jockey Club for its support and we hope other industry stakeholders do their
part."
"Today, a new door has been opened and this public recognition of our mission
provides us with a vote of confidence as we work toward industry-wide funding,"
said Diana Pikulski, executive director of the Thoroughbred Retirement
Foundation. "We are extremely thankful for The Jockey Club's endorsement."
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