Monetary incentive program carries big rewards APHA makes several enhancements to its lucrative Breeders Trust program FORT WORTH, Texas-The American Paint Horse Association (APHA) has announced major improvements to its one-of-a-kind incentive program for breeders, owners and others involved with competitive Paint Horses. Known as the APHA Breeders Trust, the program has quadrupled its payouts to more than $660,000 annually since it first awarded money in 1997. The payout percentage to those who subscribe a stallion in APHA's Breeders Trust program will double, under new rules for the 2002 breeding, showing and racing seasons. This is just one of several enhancements made to the association's lucrative program for breeders, owners and others involved with competitive Paint Horses. Over the past five years, the program has paid out more than $2 million. Pictured is Cherokee Indian, a stallion subscribed in the Breeders Trust program. The legendary Paint racer has sired a long list of champions who have earned victories and high honors over two decades in both barrel racing and sprint racing. (photo by Ross Hecox, APHA). Hirez JPEG (304 kb) Hirez TIFF (1.85 mb) Over the past five years, the Breeders Trust has paid out more than $2 million, with $663,260 awarded to 1,545 individuals this year alone. In the first year of the program, APHA paid out $163,217 to 276 participants. Under new rules for the 2002 breeding, showing and racing seasons, starting January 1, 2002, the payout percentage to those who subscribe a stallion in the program will double. Other improvements to the program are designed to bolster participation even further, which in turn would increase the total payout amount. In this program, a person may "subscribe," or enroll, a stallion in Breeders Trust for an annual fee. Offspring resulting from breedings to that stallion may then be "nominated," or enrolled in the program, for a specific fee. Enrollment money, including interest accrued in the APHA Breeders Trust Fund, is later paid out to these stallion subscribers, as well as the nominators and owners of the stallion's offspring, based on points earned by those horses at APHA-approved races and shows each year. Depending on the success of the nominated horses, payments to their owners and nominators, as well as the subscriber of the horse's sire, may continue for the life of the competitive horses.

Recent changes and improvements

-- Starting with payments in March 2003 for the 2002 show and race season, the percentage of the payout to stallion subscribers doubles. The recorded owner of the stallion's offspring-with ownership determined by who owns the horse on December 31 of the show and race season-receives 70 percent of the dividend, the stallion subscriber receives 20 percent and the nominator of the stallion's offspring receives 10 percent.
-- Subscribers of stallions standing for their first breeding season now have until March 31 to enroll their horse without penalty. The November 30 deadline remains in effect for all previously enrolled stallions.
-- Racehorses are now included in the program. Points earned at all APHA-approved races are now eligible for the Breeders Trust payout.
-- The stallion subscription re-enrollment form has been condensed to make re-enrollment easier.
-- Anyone can now subscribe a stallion to the Breeders Trust for a specific year, if that person obtains the stallion owner's permission. The subscriber then receives the money earned from the subscription for that particular breeding season.
-- The minimum private treaty or "does not stand to public" fee, on which
stallion subscription fees are based, has been increased to $700, effective for the 2002 breeding season.
-- The deadline and late fee schedule for stallion subscriptions has been changed to the following:

Learn more about Breeders Trust

For more information on the American Paint Horse Association Breeders Trust, call Candy Cain at (817) 222-6416, or e-mail your questions to ccain@apha.com. You can also learn more about the Breeders Trust by visiting the APHA Web site at www.apha.com/breederstrust.