Last week, owners of AQHA Incentive Fund-enrolled horses, foal and stallion nominators started receiving their checks for the 2014 show season. In all, more than $2.1 million was paid to enrolled and licensed horses, foal and stallion nominators. Since its inception, the AQHA Incentive Fund has paid more than $75 million to program supporters.
For the current 2015 show season, slight changes to the fund are being made to continue rewarding people for showing their American Quarter Horses. For the 2015 show season (payouts that occur in early 2016), there will be a true point cap established that will be based on targeting a per-point value of at least $20 per point. During 2014, encouragingly, more people showed their Incentive Fund-nominated horses earning more points, which does have an effect on the fund.
“The AQHA Show Council, along with the Incentive Fund Task Force, continue to look at ways to modernize the program to keep it the richest program of its type, rewarding more people than any other incentive program in the industry,” said AQHA Chief Show Officer Pete Kyle. “As always, we encourage exhibitors to send us their thoughts, and above all, keep enrolling, licensing and showing their American Quarter Horses.”
The per-point value for 2014 was $17.14 for owners of licensed horses and $13.86 for stallion and foal nominators. See the complete financial look at the AQHA Incentive Fund.
To receive a payout for points earned in 2015, horse owners are encouraged to file competition licenses for their Incentive Fund-enrolled horses. Competition licenses should be filed prior to earning points because points earned before the annual license is filed will not be eligible for payout. A separate license must be filed for both amateur and open divisions.