Keep up to date with the latest news
Follow Us
In 2012 the Racing Foundation was established to oversee the distribution of funds to charitable causes within the racing and thoroughbred industry following the sale of the Tote.
The Racing Foundation aims to develop understanding and action around the key charitable issues facing racing in three key areas: racing's people, equine welfare, and ESG (Environmental, Social and Governance).
By offering an open grants programme three times a year, staging an annual horseracing conference and offering a range of organisational support opportunities to racing charities, it aims to work in partnership with the racing industry to help achieve a sustainable future for the sport.
The Racing Foundation was set up with an endowment from the net proceeds of the UK government’s sale of the Tote with the principle aim of supporting charitable purposes associated with the horseracing and Thoroughbred breeding industry. It does this by investing funds to generate investment income and using the income to make grants to charitable projects.
The British Horseracing Authority, The Thoroughbred Group and the Racecourse Association are the founding members of the Racing Foundation.
