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THE STEEPLECHASE FUND
 The Steeplechase Fund was created by former
NSA Executive Director John E. Cooper in 1953. With the help of S. Bryce
Wing, President at the time, and Vice President Stephen C. Clark Jr., the
fund was designed to help people involved in steeplechasing that needed
financial assistance. The original three Trustees were A. C. Bostwick,
Stephen C. Clark, Jr., and S. Bryce Wing. It is a charitable trust,
registered under the laws of the state of New York and qualifies as a
tax-exempt organization under Section 501(c) (3) of the Internal Revnue
Code. Donations to The Fund are tax-deductible. Its affairs are
administered three Trustees of the National Steeplechase Association.
The purpose of The Fund is to help people in need who are currently or
were formerly involved in the sport of steeplechasing. That assistance has
most usually taken the form of paying medical bills for jockeys who are
injured in race. For this reason The Steeplechase Fund has sometimes been
referred to a the "Injured Jockeys Fund (after its counterpart in
England) but this is somewhat of a misnomer as it is designed to do more
than that. For example, the Fund has paid funeral expenses for retired
jockeys, lost wages for jockeys who were laid up because of a riding
injury, medical expenses for elderly people who were once involved in
steeplechasing, and monthly subsistence payments for former participants
and/or their widows who have fallen on hard times.
The Steeplechase Fund's only sources of income consist of the dividends
and interest its portfolio generates and the generous donations of
concerned individuals.
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