New York State Thoroughbred Breeding and Development Fund

The New York State Thoroughbred Breeding and Development Fund, on the second floor of 28 Clinton Street in Saratoga Springs, is the state corporation that pays breeder, owner and stallion awards to encourage the breeding of New York-bred racehorses and preserve farmland. Executive Director Tracy Egan leads the fund, with registrar Adam Lawrence and two field inspectors.

The fund registers foals and stallions, tracks mare residency, runs a leaderboard of awards and administers the New York Stallion Stakes Series. Beginning in 2027, purses for New York-bred races will match open company levels.

What to know

• The new Empire-Trillium Series pairs NYRA and Woodbine in 14 stakes worth $3.2 million.
• The fund supports Thoroughbred aftercare and accepts donations for it.
• Its website draws more than 25,000 visits a month.
• The fund was reconstituted as a corporation on October 28, 2010.