Funding

RoR’s core funding comes from the Racing Industry through contributions from the different sectors, either automatically under BHA Order or by annual agreement.

Contributors include:

Racehorse owners Racecourses and Point to Points
Trainers and Permit Trainers Jockeys (professional and amateur)
Breeders Sales Companies
Bloodstock Agents Racehorse Transporters
British Horseracing Authority

 

RoR also receives generous annual donations from:

The Horserace Betting Levy Board
Weatherbys
Bookmakers
The Point-to-Point Authority

Paul Mellon

Paul Mellon

In late 2001, RoR was privileged to receive a bequest of $3.5m from the estate of Paul Mellon, the American owner of 1971 Derby winner Mill Reef and countless other good racehorses. This sum is required to be invested, with RoR able to draw down up to 5% of the total value on an annual basis.

RoR was also fortunate to receive a £2.5m donation in 2007 following the sale of the Racing Post by Trinity Mirror, as requested by Sheikh Mohammed for transferring the licence to use the Racing Post trademark, which the Sheikh owns.

Sheikh Mohammed

Sheikh Mohammed

 

These magnificent gestures have put RoR on a firm financial footing, and enabled the charity to widen its horizons.

In addition, the RoR receives occasional donations from private individuals, and is named as a beneficiary in an increasing number of wills.  Plus the charity received a grant from the Racing Foundation to enable it to expand its regional programme, and was the ROA’s nominated charity in 2014 which resulted in a generous donation raised at their annual awards dinner.

RoR also receives one-off registration fees from new owners of former racehorses entering the RoR Series of competitions, which are given as a kind donation to help with the administration costs and funding of the RoR competitions and events.