William S. Farish, who operates Lane’s End Farm in Kentucky and Texas, has pledged $150,000 to the Texas Thoroughbred Educational Fund.
The donation from Farish, vice chairman of The Jockey Club and a past president of the Texas Thoroughbred Association, will be made in $50,000 annual contributions over the next three years.
The Texas Thoroughbred Association established the TEF in 2005. The scholarship program provides qualified TTA members and their children with monetary assistance to help meet annual college education costs.
Officials of TTA, Lone Star Park, and the Texas Horsemen’s Partnership have also created a stakes race—the Lane’s End Stallion Scholarship Stakes--in conjunction with Farish’s pledge. The new stakes will have a $50,000-guaranteed purse value, with funds coming from the purse account less fees, and will be for accredited Texas-bred fillies and mares, 3-year-olds and up, at 7 1/2 furlongs on turf.
The race will have its inaugural running Saturday, June 16, which has been titled “Scholarship Day at the Races, Investing in Our Future” at Lone Star Park and coincides with the TTA’s annual meeting and awards luncheon.