TERF Endowment Surpasses $2 Million

Foundation announces it is accepting grant applications for education and research.

The Thoroughbred Education and Research Foundation is beginning the new grant application cycle for the year 2014, it was announced March 19. Grant applications will be accepted for both scholarships and equine education initiatives.

TERF is a non-profit charitable organization that supports and promotes equine education and research by sponsoring scholarships in equine veterinary medicine, as well as supporting organizations that are educating the public in the proper care of horses.

"The TERF Board of Trustees is personally committed to funding education and has had the good fortune and foresight to prudently oversee the original endowment dedicated to our mission, with the fund now valued at over $2 million," said Herb Moelis, TERF co-founder, in a release. "We will continue to safeguard this endowment so we can continue to provide equine veterinary education scholarships, and grants for worthwhile equine advocacy." 

There are 30 Colleges of Veterinary Medicine in the United States that offer a veterinary medical degree. To become a veterinarian requires, on average, eight-plus years of post-high school college education. TERF recently awarded a total of $50,000 to support the Penn Vet Specialty Opportunity Scholarship Program and the Cornell College of Veterinary Medicine scholarships, to help promote careers in equine veterinary medicine. 

Penn Vet scholarship recipient Lauren Duffee, received a $6,000 scholarship from TERF. 

"This scholarship will provide immense relief from the financial burden of veterinary school," she said in a statement. "In the face of a changing equine industry, I am sure this award will further enable the pursuit of my professional goals. I am excited to be writing my first research paper on strangles, a common infectious disease of horses. Upon graduation, I will start an internship at Peninsular Equine Medical Center in Menlo Park, Calif."

"The entire TERF Board of Trustees is especially enthusiastic about the new grant and scholarship cycle, now available online through our website, www.TERF.info," said Dr. James Orsini, TERF co-founder and Penn Vet Associate Professor of Surgery. "We anticipate reaching more needy and qualified students at many of the veterinary medical institutions in the Mid-Atlantic area."

Approximately 40% of the grants to date have been applied toward equine care, advocacy, and retraining, and 60% of the grants have been applied toward education and scholarships. Applications are offered online at www.TERF.info.