Fasig-Tipton Awards $119,700 in Grants

LEXINGTON , Ky. (Aug. 1, 2013) – Blue Horse Charities announced today that grants totaling $119,700 have been awarded to 30 non-profit organizations that work to rehabilitate, retrain and adopt out off-the-track Thoroughbreds.

Blue Horse Charities provides grants to qualifying organizations based exclusively on the number of registered Thoroughbreds placed into adoptive homes in a given calendar year. Through the grant application process of Blue Horse Charities and Thoroughbred Charities of America (TCA), the managing agent of Blue Horse Charities, it was determined that 805 Thoroughbreds adopted out in 2012 were eligible for funding. Many of the Thoroughbreds adopted out are now thriving in second careers as hunters, jumpers, eventers and pleasure horses.

“We are pleased to support charities successfully working to transition Thoroughbreds from the race track into a second career,” said Terence Collier president of Blue Horse Charities. “We applaud their efforts and offer our grants in support of these efforts.”

Founded in 2001, Blue Horse Charities is funded by contributions from buyers and sellers at Fasig-Tipton auctions. All contributions are matched equally by Fasig-Tipton. In addition to granting funds, Blue Horse Charities strives to educate owners about the suitable options for Thoroughbreds at the conclusion of their racing careers. To date, over $1.8 million has been granted to more than 70 charities. For more information about Blue Horse Charities please visit www.bluehorsecharities.org.