| More than $1 million paid out to 2,277 participants
APHA awards record Breeders Trust payout
FORT WORTH, Texas—The American Paint Horse Association
(APHA) recently paid out more than $1 million to Paint Horse
breeders and owners as part of its successful Breeders Trust
incentive program. The record payout of $1,002,175.50, which
was distributed to 2,277 people, represents a 9.3 percent
increase over the amount awarded last year, and a 514 percent
increase over the program’s first payout of $163,217
in 1997. Since that time, APHA has paid out more than $3.9
million through Breeders Trust.
In this program, a person pays an annual fee to "subscribe,"
or enroll, a stallion in Breeders Trust for the upcoming breeding
season. 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.
Based on performance points, Playin For Broke, a 7-year-old
chestnut overo owned by Carol Staub of Wrightsville, Pennsylvania,
was the highest money-earning horse, with $15,268.22 in earnings
and 848 points. As the horse’s owner and nominator,
Staub received $12,214.58, which was the highest payout to
any individual for the year.
“I think it’s a great program,” Staub said.
“I love it. I’ve had horses in it since the year
it started. It provides a great opportunity to offset the
costs involved with showing them.”
Zippos Sensation, owned by Andrea and Lynn Simons of Aubrey,
Texas, was the top stallion for foal earnings for the third
consecutive year. The couple earned $12,077.37 as the stallion
subscribers. Fifty-one of the stallion’s foals earned
a total of $51,169.82. Zippos Rap, who received $8,984.48,
was the highest money- and point- earning foal by “Zippo.”
Jacey Watson of Parker, Colorado, owns the 6-year-old sorrel
overo gelding.
“The thing I like best about Breeders Trust,”
Watson said, “is the fact that you get paid back for
a lot of the costs of showing. … When you haul around
to all the big shows and spend money, you have the opportunity
to make some of it back. Having my horse eligible for the
Breeders Trust has made it possible for me to continue showing
when I may not have been able to without the payback.”
For more information on the Breeders Trust program, visit
apha.com/breederstrust.
You may also call (817) 222-6416 or send an e-mail to APHA
Breeders Trust Coordinator Candy Cain at ccain@apha.com.
More information about APHA and Paints
Since its founding 42 years ago, APHA has registered more
than 775,000 horses in 48 nations and territories around the
world. Currently, American Paint Horses are being registered
at APHA’s Fort Worth, Texas, headquarters at a rate
of more than 50,000 horses each year. The association serves
more than 105,000 active members, who are located in every
U.S. state, throughout Canada and in 41 other nations and
territories around the world.
APHA employs 155 people and has an operating budget of $15
million for activities worldwide.
Some of the many qualities that make Paint Horses desirable
include sound conformation, versatile athletic ability, intelligence,
calm temperament, a willing disposition and beautiful coat
color patterns.
For more information about the American Paint Horse and APHA,
visit www.apha.com, or call
(817) 834-2742, extension 788. |