The Grayson-Jockey Club Research Foundation’s board of directors has approved a 2017 budget of $1,483,542 to fund 11 new equine research projects, eight renewing two-year studies, and two career development awards.

The total is the highest ever provided in one year by the foundation, which dates from the creation of the original Grayson Foundation in 1940.

“This is a bright and memorable moment in the history of Grayson-Jockey Club Research Foundation,” said longtime chair Dell Hancock. “It is really gratifying to know that we are funding nearly $1.5 million dollars in critical equine research, and we realize it would not be possible without the dedication and support of our members, our donors and all those who participate in our various fund-raising events each year.”

As per the foundation’s established procedure, the funded projects were considered the best science by the foundation’s 32-person Research Advisory Committee (RAC). That committee comprises university researchers and veterinarians from various practices

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