CARMA Allocates More Than $438,000 to 23 Thoroughbred Aftercare Charities

CARMA Allocates More Than $438,000 to 23 Thoroughbred Aftercare Charities

“All in favor, say ‘Aye” declared California Retirement Management Account President Howard Zucker to close the final 2017 grant meeting, and with resounding gusto the CARMA Board echoed, “Aye!” The New Year is bright and full of promise for CARMA’s 23 Aftercare Partners, as they will be receiving approximately $438,000 in grants allocated for retired California-raced Thoroughbreds. The financial resource enables them to provide the horses with quality feed, care and a safe place to go after they cross the finish line for the last time. Since being created in 2008 by Founder’s Chair Madeline Auerbach, the organization has awarded more than $3.8 million to equine nonprofits that provide either rehabilitation and retraining to former racehorses or offer them lifelong sanctuary. Read More