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Thoroughbred Retirement Foundation

Thoroughbred Retirement Foundation

Saratoga Springs, NY 12866
Tax ID13-3132741

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About this organization

Revenue

$1,848,890

Expenses

$2,364,085

Website

trfinc.org

Mission

To save Thoroughbred horses no longer able to compete at the racetrack from possible neglect, abuse, and slaughter. At state correctional facilities, TRF offers a nationally accredited vocational training course in equine care and stable management. Inmates learn marketable job skills and benefit from the intangible benefits of working with animals, while the horses receive quality, supervised care. Sound horses are retrained and adopted out to private homes.

About

The Thoroughbred Retirement Foundation offers a vocational training program in horse care for inmates. Early in the foundation's history, Monique S. Koehler, the founder and chairman of the board, negotiated a milestone agreement with the State of New York Department of Correctional Services. In exchange for land use and labor at the state's Walkill Correctional Facility, the Thoroughbred Retirement Foundation would design, staff and maintain a vocational training program in equine care and management for inmates. This unique program has been replicated in Kentucky, Florida, South Carolina, Illinois, Indiana, Virginia, Massachusetts and Maryland. The goal of this program is to teach inmates marketable skills for employment upon release from prison. This program is unique in that it saves Thoroughbred horses no longer able to compete on the racetrack from possible neglect, abuse and slaughter and matches them with inmates also seeking a second chance. The vast majority of the general public and many racing fans are unaware of the sad fate that awaits thousands of Thoroughbreds each year. They assume each animal is assured a safe humane retirement. Unfortunately, it is a perception that does not reflect reality. The Thoroughbred industry, outside the circuit of high profile, high dollar races, is made up largely of owners with only modest resources. Current economics dictate that among all owners, no matter how responsible and well intended, only a few maintain even a single Thoroughbred once it is unable to earn its keep on the track. The Thoroughbred Retirement Foundation often has to transport horses in desperate need and then provide extra care to get them back to health. Many of the horses rescued by the Thoroughbred Retirement Foundation or retired to the Thoroughbred Retirement Foundation are healthy and able to have 'second careers' as pleasure or show-horses. These horses are evaluated and retrained by Thoroughbred Retirement Foundation employees so that we know the horse's capabilities and can place the horse in a long term successful adoption.

Interesting data from their 2020 990 filing

According to the filing documents, the non-profit's mission is defined as “Rescue and adoption of unwanted thoroughbred horses and re-entry oriented program for inmates.”.

When referring to its tasks, they were referred to as: “Rescue of unwanted thoroughbred horses and re-entry oriented program for inmates.”.

  • The non-profit's state of operation has been legally reported as NY.
  • According to the latest filing, the non-profit's address in 2020 is PO BOX 834, SARATOGA SPRINGS, NY, 12866.
  • The total number of employees reported by the non-profit on their form for 2020 is 20.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is -$515,195.
  • The organization has 9 independent voting members.
  • The organization was formed in 1982.
  • The organization pays $824,257 in salary, compensation, and benefits to its employees.
  • The organization pays $337,016 in fundraising expenses.

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