The annual "Race for Grace" event is also an important source of ongoing financial support for the chaplains' outreach and ministry. This fundraising dinner—held every year the Monday evening before the Kentucky Derby—is supported by retired Hall of Fame jockey Pat Day, who is actively involved in the chaplaincy's work. Their Chaplains work and minister under the organization known as the Kentucky Race Track Chaplaincy, Inc., a non-profit 501c(3) organization. Their outreach and ministry activities are made possible by donations to KRTC. All gifts are eligible for tax deductible consideration.