Do you have any Incentive Fund Horses?

 
Magic was nominated for the incentive fund for 2005 breedings. 

Cowboy Patriot (gelding for sale) and Magnolia Caylee Doll (mare)  are registered as incentive fund horses.

What is it? 

 
The following is copied from the AQHA web site at www.aqha.com: 
 
                             Incentive Fund

AQHA's Incentive Fund is a multi-million dollar awards program for the American Quarter Horse show industry. You could win money for every point earned in AQHA open and amateur competition. Make sure your American Quarter Horses are Incentive Fund-nominated.

The Program - The American Quarter Horse Association Incentive Fund is easy money for those who breed and show American Quarter Horses. The Incentive Fund is the richest payout program of its kind with more than $3.7 million paid to stallion owners, foal nominators and show horse owners in 2000. This is your opportunity to gain extra income and recognition by simply nominating and showing Incentive Fund horses. It's that easy.

Who's Invited

Who's invited to be a part of the AQHA Incentive Fund? Well, the guest list includes stallion owners, foal nominators and how horse owners.

Stallion owners - The benefits of enrolling your Stallion in the Incentive Fund grows with each foal crop. Enroll your stallion each year by November 30 prior to the breeding season and his foals are eligible to be nominated to the Incentive Fund. You'll earn 10% of your stallion's nominated foals' lifetime Incentive Fund earnings, plus your stallion will be included in the free listings of Incentive Fund stallions in the October through April issues of The American Quarter Horse Journal and in the Member's Area on AQHA's Web site. Stallion owners pay a fee each year based on the number of mares listed on the previous season's breeding report. It's an investment that really pays off!

Foal nominators - By breeding your mares to Incentive Fund enrolled stallions or by purchasing foals that are by Incentive Fund stallions, you can reap more monetary rewards by nominating the foals to the Incentive Fund. Foal nominators earn 10% of the foal's lifetime Incentive Fund earnings. Even if you sell the foal, you still receive his earnings because you are the nominator.

Show horse owners - When you buy an Incentive Fund-nominated horse and show in AQHA-approved events, you'll earn 80% of the point value for every point earned in open and Amateur competition. In 2000, the point value was $31.27, resulting in $3.7 million in total payout money. Always look for the Incentive Fund-nominated seal on an American Quarter Horse's registration papers.

Stallion Nomination Fees
(based on the number of mares listed on the previous year's Stallion Breeding Report)
2 or fewer mares $300 31-35 mares $1,000
3-5 mares $400 36-40 mares $1,100
6-10 mares $500 41-50 mares $1,250
11-15 mares $600 51-60 mares $1,500
16-20 mares $700 61-80 mares $2,000
21-25 mares $800 81-100 mares $2,500
26-30 mares $900 101 or more mares $3,000

Foal Nomination Fees
Up to 7th month birthdate $100
7th-12th month birthdate $200
12th-18th month birthdate $1,000
18th-24th month birthdate $2,500

After a foal reaches two years of age or earns half a point or more in AQHA events, he is ineligible to be nominated.

Show Horse Owners Payout
The value per AQHA show point was $31.27 for 2000. More than 118,338 points were earned for a total of $3,400,075.11 distributed among 9,700 Incentive Fund participants. It's fun money just for showing. Here's an example:

IMA MONEY MAKER earned 100 points in AQHA events for the year.
100 points x $31 = $3,100 total earnings for IMA MONEY MAKER
10 % goes to the stallion nominator - $310
10% goes to the foal nominator - $310
80% goes to the nominated horse owner - $2,480