|Wednesday, June 03, 2009|
|NTRA Establishes The Foal Fund|
According to the Thoroughbred Times, the National Thoroughbred Racing Association established The Foal Fund on Tuesday to support its federal lobbying efforts.
The fund complements the NTRA’s voluntary .25% check-off program that enables buyers and sellers at major Thoroughbred auctions to support federal lobbying. The Foal Fund provides owners and breeders who do not participate in auction sales an opportunity to contribute to lobbying efforts on issues including taxation, Internet gaming, and immigration.
The Foal Fund replaces the foal check-off program that concluded in 2008 and was administered by The Jockey Club. Starting this year, The Jockey Club has offered a new check-off program to support racehorse retirement, which is endorsed by the NTRA and its Safety and Integrity Alliance.
Contributions to The Foal Fund can be made online at www.TheFoalFund.com or via mail at The Foal Fund, 2525 Harrodsburg Rd., Suite 400, Lexington, KY, 40504.
“Contributing to The Foal Fund is an easy way for horsemen to support proactive legislation on federal issues that matter to them,” said Peggy Hendershot, NTRA senior vice president of legislative affairs. “The Foal Fund will help maintain our industry’s presence on Capitol Hill and protect racing’s interests.”