Retirement Assistance and Care for Equines (R.A.C.E. Fund) is a funding source that has been established as 501 (c) (3) non profit organization to benefit thoroughbred racehorses and racetrack ponies.
It is anticipated that major funding will come primarily from a percentage of the gross purse money and secondary funding from other sources such as individual donations, corporations, businesses and grants.
The funds will be used to pay a monthly fee towards the care of thoroughbred racehorses and racetrack pony horses that are donated to participating non-profit horse rescue centers until they can be adopted out to loving homes. Funds will also be used to help pay for the cost of euthanasia when necessary, emergency situations, educational programs and administrative costs.
Benefits of the R.A.C.E. Fund include aid in saving and preventing the slaughter of thoroughbred horses and racetrack ponies, reduce stress for owners and trainers by providing them with a positive alternative, improve the integrity of racing and provide good public relations for the horsemen and the racing industry. R.A.C.E. fund will endeavor to educate the public and racing industry to put an end to the practice of horse slaughter in the United States.
The mission of R.A.C.E. Fund is to preserve the lives of thoroughbred racehorses and racetrack pony horses that are no longer able to race or work by providing a funding souce for their care and well being during their transition to retirement and adoption. And to uphold the integrity of racing by encouraging horsemen and the racing industry to give back to these gallant creatures who have given so much to them.
seeing red at New Holland today a post about RACE Fund.