Breeders Trust awards reach all-time high
American Paint Horse Association pays out $663,260 as part of special incentive program
FORT WORTHThe American Paint Horse Association Breeders Trust, an incentive program for the breeders and owners of competitive Paint Horses, this year awarded $663,260 to 1,545 individualsa 34 percent payout increase over last years award of $493,805 to 1,147 people.
It has been our goal, through the Breeders Trust program, to give Paint Horse breeders, as well as stallion owners and show horse owners, the chance to win money for their horses accomplishments, said Ed Roberts, APHAs executive secretary. Based on our annual payout figures, it is obvious that the program is becoming more valuable to these people every year.
The 2001 payout, for the 2000 show season, is the fifth Breeders Trust disbursement made by APHA since the program was launched. The figure represents more than four times the amount awarded in 1997the year of the first payout.
The Breeders Trust pays cash dividends for points earned by nominated horses at APHA-approved events and is designed so everyone responsible for the success of an outstanding foal is rewarded. The stallion owner, foal nominator and the horses owner all share in the profits.
Following are some highlights of the program:
For more information on the American Paint Horse Association Breeders Trust program, visit www.apha.com/breederstrust or call (817) 222-6416.
More about APHA
The APHA was founded in 1962. By that years end, early association members had recruited 150 fellow Paint Horse enthusiasts and registered 250 horses. By the end of 2000, APHA had enrolled more than 100,000 members and registered nearly 593,000 Paint Horses.
The Fort Worth-based non-profit association employs 165 people and maintains an operating budget of more than $15 million for activities worldwide.
For more information about APHA or APHA programs, call (817) 834-2742, ext. 788, or log on to www.apha.com.