The
money comes from the enrollment of stallions into the
program and subsequent nomination of their foals.
For a stallion's offspring to be eligible, he must be
enrolled by November 30 prior to each breeding season at
a fee based on the number of mares on his previous
year's breeding report. This annual enrollment makes his
foals, resulting from that breeding year, eligible to be
nominated into the program.
Foals by these stallions are currently eligible to be
nominated into the program during their first 12 months
of age, provided the foal has not earned a 1/2 point or
more in an AQHA-approved event, for a one-time,
"for-life" nomination fee. From the foaling date to the
seventh month birth date, the nomination fee is $100.
After the seventh month to the 12th month birth date,
the fee is $200. Foals may be nominated to the Incentive
Fund from the 12- to 18- month birth date at a fee of
$1,000 and from the 18- to 24- month birth date at a fee
of $2,500.
The Incentive Fund utilizes the most familiar and
proven concept in the American Quarter Horse Show
industry, points won at AQHA shows. Each point earned at
an AQHA-approved show in the open and/or amateur
division by an Incentive Fund nominated horse will be
worth a specific amount. The exact amount will depend on
total money in the Fund for that show year and the total
number of points earned in that year by Incentive Fund
nominated horses.
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At the end of every
show year, the total number of points
earned by Incentive Fund horses is
divided into the total amount of money
in the Fund for that year. This
establishes a dollar value for each
point.
That value is then multiplied by the
number of points earned by each
nominated horse, with 10 percent of the
total being paid to the nominator of the
stallion for the appropriate breeding
year, 10 percent to the nominator of the
foal, and the remaining 80 percent paid
to the recorded owner of the
point-earning horse. If a point-earning
horse is owned by multiple record owners
during a year, the premium money awarded
to each of the record owners will be in
proportion to the points earned during
each record ownership period according
to AQHA's records. |
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The above
was taken directly from the AQHA website (02-10-08).
RTPH does not guarantee it's accuracy. Please
visit the AQHA website if you want further information
on the Incentive Fund program:
http://www.aqha.com/showing/awards/incentivefund/faq.html
