With a mixture of gratitude and heavy hearts, the Board of Directors of New Stride Thoroughbred Adoption Society has voted to begin the formal dissolution of the organization.
The planned wind-down, anticipated to be completed by the end of 2025, will proceed once safe, permanent homes are secured for the remaining horses in its care.
This decision comes after an extended and undeniable shift in the regional aftercare landscape. After much agonizing, these trends led the board to the difficult conclusion that the organization’s primary concern – the welfare of horses under New Stride’s care – is unsustainable in the current climate.
New Stride President Bill Randall Said: “Our mission has always been to provide the highest standard of care and second careers for retired racehorses. While this decision was extremely difficult, we believe it is the only responsible path forward and reflects the reality of the current industry environment.”
He continued: “As we wind down, our commitment to the horses in our care remains absolute.”
With annual operating costs exceeding $150,000 and uncertainty surrounding key grants that historically sustained the program, continuing at previous capacity has become untenable.
Despite the forthcoming closure, the organization’s final chapter will remain true to its mission. One of the remaining horses is expected to move to a new adoptive home shortly, and strong leads are in place for the two mares still awaiting placement. Conversations are underway with a respected sanctuary regarding their long-term care. In accordance with Canada Revenue Agency requirements, any remaining funds after dissolution will be distributed to a horse-welfare charity, ensuring donors’ contributions continue to support the animals they care about.
The organization acknowledges the generosity of recent donors, especially those who have made substantial gifts in the past months. Although operations are winding down, continued financial support is still essential to cover the ongoing care of the remaining horses and to meet all regulatory obligations through the dissolution period.
Randall said: “We want every supporter to know this: your kindness made it possible for us to change countless equine lives. As we complete this final transition, your support remains just as meaningful as ever. We would especially like to thank HPBA, TOBA, TAA and TCA for their vital financial support down the years, without which we would not have been able to help so many of these wonderful animals to find second careers and new, well-deserved, homes.”
“I would further like to thank my dedicated, caring and very knowledgeable Board for their tireless work and the many Board members and volunteers who have been a big part of New Stride over the decades. While there are too many people to mention, I want to give a special shoutout to New Stride’s Program Coordinator Carmen Kramer and to Linda Lytle, who has been with the charity for longer than I can remember, undertaking every job possible for New Stride.”
An official announcement will be shared on the organization’s website and social-media channels. Donors or community members with questions about the dissolution process or the future of the remaining horses are encouraged to reach out directly
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