The Racing Foundation aims to make a difference to the horseracing and thoroughbred breeding industry by supporting charitable work that contributes towards positive change for people, equine welfare, community engagement and environment and emerging issues. It does this by offering an open grants programme three times a year; by investigating pro-active funding initiatives to address issues faced by the industry and by offering a range of organisational support opportunities to racing charities. Since inception over £30million of grants have been awarded to support a wide range of projects and initiatives.