National Association, 300 S Limestone, Lexington, KY 40508, US

About Race For Education The Race For Education (RFE ) was established in 2002 to provide educational programs and college scholarships to young people in the equine and agriculture industry with significant financial need. Since its inception the organization has awarded over $2, 500, 000 in college scholarships and will award approximately an additional $380, 000 in 2010. The Race For Education's objective goes beyond getting students though college financially. Our mission is to provide mentoring, tutoring and partnership along with financial support, with the ultimate goal of making sure students are successful in life and become an asset to their community. Although the majority of the students involved in The Race For Education program come from high risk and extreme need backgrounds, the graduation rate is over 70% while the national average is about 50% and 90 % of RFE students make the dean's list. In 2005 with an Assets For Independence grant from the U.S. Department of Health and Human Services Administration for Children and Families, The Race For Education established a Financial Literacy Program to help students who, based on their background, would probably otherwise receive no financial guidance. In 2008 this program was recognized by The White House Office of Faith-Based and Community Initiatives (OFBCI ), along with the President's Council on Financial Literacy. In addition to RFE's other student service programs, the New York Youth Outreach Program assists younger, adolescent age students in preparing for college through weekly and monthly programs. Due to a considerable need in the community and urging from loyal donors, the New York Youth Outreach Program for 7th graders was established in August 2009 and will continue for the next academic year and include 8th graders as well. The organization is managed by a volunteer board of directors and an executive committee with both professional and academic experience. Approximately 75% of its funding comes from private individuals and foundations and is 25% federally funded. The organization also receives an annual contribution that covers all operational expenses. This allows 100% of the contributions received to go directly to student programs and services. The Race For Education's primary source of funding is the Racehorse Nomination Program, in which horse owners donate a percentage of their racehorses' earnings to the scholarship program. Annual fundraisers include The Race For Education 5K/10K Run, held in beautiful Midway, Kentucky, each October; and the Thoroughbred Charities of America Stallion Season Auction in December.

Naae

Kentucky Nonprofit Network