California Retirement Management Account

Seven months after learning they were one of a handful of racehorse rehoming and animal rescue organizations bequeathed a large sum of money by owner Nancy Messineo, the California Retirement Management Account (CARMA) have received the "significant gift" and are in the process of figuring out how to best use it. "We received this gift the end of last year right before Christmas," said Lucinda Lovitt, executive director of the non-profit founded 15 years ago to raise money for the state's fleet of retired racehorses. "It's timely in the sense...

Thoroughbred Aftercare Alliance will be present at Santa Anita Park this year for the 40th running of the Breeders' Cup World Championships, set for Friday, Nov. 3 and Saturday, Nov. 4. Thoroughbred Aftercare Alliance is one of the official charities, and the official aftercare partner of the Breeders' Cup World Championships. Thoroughbred Aftercare Alliance will have a booth set up during both days of the Breeders' Cup World Championships, where patrons are encouraged to stop by to learn more about accredited aftercare. Branded merchandise will be available in exchange for...

Some wear their philanthropic largesse as visibly as the Great Wall of China from outer space. Others prefer a more discreet badge. "I only found out about this three days ago," said Lucinda Lovitt early Tuesday morning. Lovitt is the executive director of the California Retirement Management Account (CARMA), the non-profit founded 15 years ago to raise money for the state's fleet of retired racehorses. Lovitt's weekend discovery? That CARMA was one of a handful of racehorse rehoming and animal rescue organizations bequeathed--and bequeathed without their prior knowledge--a sizeable sum...

Santa Anita Park's Senior Vice President Amy Zimmerman and multiple Eclipse Award-winning journalist Jay Privman have been elected to the board of directors for the the California Retirement Management Account (CARMA). The horse racing veterans fill vacancies left by the resignation of Candace Coder-Chew and the untimely passing of Howard Zucker late last year. "We are thrilled to welcome Amy and Jay to the CARMA Board of Directors," Billy Koch, President of CARMA, said. "Their vast knowledge and experience in the horse racing industry will be invaluable to our organization...

Last week, industry organizations announced the launch of the California Horse Power Coalition, a collaborative endeavor sold as something of a unified foghorn to extol the good word of the sport's economic and cultural impacts. The list of Coalition members reads like a who's who of California racing industry mainstays, including Del Mar, Santa Anita, the Thoroughbred Owners of California (TOC), the California Retirement Management Account (CARMA), the California Thoroughbred Breeders' Association (CTBA) and others. To discuss this new venture--along with a suite of other timely industry talking points--the TDN spoke with newly minted...

Santa Anita Park, in conjunction with Golden Gate Fields, will host an online auction this holiday season to benefit the California Retirement Management Account (CARMA),an organization whose mission is to rehabilitate, retrain, and rehome Thoroughbred racehorses who have raced in California. The auction, which will run from 5 p.m. Nov. 25 through 5 p.m. Dec. 9, offers a wide array of items and experiences to suit every age and personal interest including signed memorabilia, signed photos, and a handicapping lesson from handicapping analyst and on-air personality, Anthony Stabile. Other items...

The Thoroughbred Aftercare Alliance (TAA) has been named the Official Aftercare Partner of the 2021 Breeders' Cup World Championships Nov. 5-6 at Del Mar. It is also an Official Charity of the Breeders' Cup along with aftercare partner California Retirement Management Account (CARMA). On Breeders' Cup Saturday, the TAA will present its namesake race, the GII Thoroughbred Aftercare Alliance S.--formerly the Marathon S. It has also partnered with TVG to be part of the GI  TVG Breeders' Cup Juvenile presented by the Thoroughbred Aftercare Alliance on Future Stars Friday. "We...

Last year when facing a massive budget shortfall, the umbrella organization overseeing the fate of California's retired racehorses dodged a metaphorical projectile. "We were just so overwhelmed by the support we got for CARMAthon by the racing community," Lucinda Lovitt, executive director of the California Retirement Management Account (CARMA), said of a fundraising event held last year at Del Mar on Pacific Classic day. "Everybody on the board--especially those on the event committee--was blown away." Due to the fact that CARMA is primarily funded from purse contributions by owners, trainers...