USTA Donates $40,000 To Establish New Funding Mechanism For STA – Horse Racing News

USTA Donates $40,000 To Establish New Funding Mechanism For STA – Horse Racing News




The U.S. Trotting Association announced on May 24 that the organization will donate $40,000 and establish a new funding mechanism to assist the Standardbred Transition Alliance. The $40,000 will come from the USTA’s Support Our Standardbreds budget.

In their May 13 meeting, the USTA’s Executive Committee voted to make the contribution and establish a new, opt-in option for USTA members to donate to the STA, which will be included on all new and renewal membership applications.

“The $40,000 and the opportunity for our members to make voluntary donations through their membership applications reaffirms the USTA’s commitment to the Standardbred Transition Alliance,” said USTA Executive Vice President and CEO Mike Tanner, who initially proposed the establishment of the STA at the annual Board of Directors Meeting in March 2018.

“The STA accreditation process ensures that their approved horse rescue organizations are operated with a professional structure and are accountable for their treatment of the horses, which provides assurance to donors that their contributions will be used responsibly,” added Tanner.

“The more money that can be raised, the more of our retired racehorses can receive the type of aftercare they deserve when they are retired. But besides the donation, there are many other ways that the USTA can promote and support the STA; and we’re committed to doing that.”

The STA operates under the guidance of its Board of Directors and is completely independent of the USTA, who previously donated $75,000 in initial funding for the creation of the organization. David Reid serves as president and Jennifer Daniels is the STA administrator.

“The STA deeply appreciates the support of the USTA’s directors, staff and membership, particularly in developing this opportunity for members to easily and securely transmit their aftercare contributions as they’re submitting other USTA transactions,” said Daniels.

According to its website, “The mission of the Standardbred Transition Alliance (STA) is to inspect, accredit and award grants to approved organizations that acquire, rehabilitate, train and re-home Standardbred horses, using industry-wide funding. The STA is approved as a 501(c)(3) Internal Revenue approved charity and is also registered with the Ohio Secretary of State and Attorney General. IRS application for 501(c)(3) designation was filed in October of 2018 and approved in April of 2019.

“The existing groups are at or beyond capacity. There is a wide disparity in numbers of horses served, services provided, staffing, budgets and other resources. Horse adoption programs generally operate with no oversight and no way for donors to ensure their money is being used wisely. We need additional groups to help Standardbreds across the country.

“It is expected that the accreditation process will elevate the level of both business and equine care practices and identify groups whose work is sustainable and exemplary.”

Donations can be made by sending a check to the STA office at: Standardbred Transition Alliance, P.O. Box 377, Laurelville, OH 43135 or by clicking here.

Read more here.





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