In 1983, Chenery,
Martha F. Gerry, and
Allaire du Pont became the first women to be admitted as members of
The Jockey Club. From 1976 to 1984, Chenery served as president of the
Thoroughbred Owners and Breeders Association. Also in 1976, she became a member of the Executive Committee of the
American Horse Council, the horse industry trade association in Washington, DC. She also served as a member of the judges' panel of the Jockey Club, which bestows the Dogwood Dominion Award. In addition, she helped found the
Thoroughbred Retirement Foundation, an organization dedicated to saving
Thoroughbred horses no longer able to compete on the racetrack from possible neglect, abuse and slaughter. In 2003, the
Arlington Park track established the annual "Penny Chenery Distinguished Woman in Racing Award". In 2006, the
National Thoroughbred Racing Association honored her with the
Eclipse Award of Merit for a lifetime of outstanding achievement in thoroughbred racing. In 2009, she was awarded the
Smith College Medal for extraordinary professional achievement and outstanding service to her community. In 2018, The National Museum of Racing and Hall of Fame named Ms. Chenery a
Pillar of the Turf, the highest honor given to owners and breeders of Thoroughbreds. ==Personal life and death==