Thoroughbred Charities of America (TCA) announced July 16 the awarding of grants totaling $502,058 to 72 Thoroughbred industry-related non-profits that work to uphold TCA’s mission.

TCA distributes grants to several categories of Thoroughbred industry related nonprofits including rescue, rehabilitation, and adoption organizations, as well as education and backstretch programs, therapeutic riding programs, and research organizations. Grant applications for the 2014 grant cycle will be available on in early January.

"Thanks to the continued support of our generous donors TCA is once again able to provide financial assistance to many worthy charities," said TCA president Dan Rosenberg in a release. "TCA believes strongly in being a good steward of the donations entrusted to us and as such we take very seriously our disbursement of grants."

More than 200 Thoroughbred-related charities have received a grant from TCA since its inception in 1990. TCA grants funds to organizations that successfully meet the criteria set forth in its annual grant application.

TCA formally affiliated with the Thoroughbred Owners and Breeders Association in 2008 and is now the charitable arm of the organization. TCA’s affiliation with TOBA has allowed TCA to further expand its national reach and provides the continuity needed to carry on its mission into the future.

TCA’s mission is "to provide a better life for Thoroughbreds, both during and after their racing careers by supporting retirement, rescue, and research and by helping the people who work with them."