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AQHA Hunter Under Saddle Venues and IF Program

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AQHA Hunter Under Saddle Venues
and IF Program

The American Quarter Horse Association (AQHA) represents a full slate of classes for riders to enjoy exhibiting their horses in. The foals of INDIAN ARTIFACTS compete in Hunter Under Saddle classes, Hunter Hack, Working Hunter, Jumping and Pleasure Driving. Additionally, many have been competitive in the all-around events adding Showmanship, Hunt Seat Equitation, Horsemanship, Western Pleasure and Trail classes to their show routine. There are classes for the Professional, Amateur, Youth and Novice divisions.

The AQHA Incentive Fund

INDIAN ARTIFACTS is enrolled in the AQHA Incentive Fund which is a multimillion-dollar program involving stallion and foal nominations with pay backs to the stallion nominators, foal nominators and owners of the competing horses. The program is owned, managed and operated by AQHA.

COMPUTATION OF POINT DISTRIBUTIONS
For the Year Ending December 31, 2004

PAYOUT INFORMATION
Year: 2004  |  Points: 144,615  |  Value: $27.50
Total Money: $3,976,559.00

How does the program work? The money comes from the enrollment of stallions into the program and subsequent nomination of their foals. For a stallion's offspring to be eligible, he must be enrolled by November 30 prior to each breeding season at a fee based on the number of mares on his previous year's breeding report. This annual enrollment makes his foals, resulting from that breeding year, eligible to be nominated into the program.

Foals by these stallions are currently eligible to be nominated into the program during their first 12 months of age, provided the foal has not earned a 1/2 point or more in an AQHA-approved event, for a one-time, "for-life" nomination fee. From the foaling date to the seventh month birth date, the nomination fee is $100. After the seventh month to the 12th month birth date, the fee is $200. Foals may be nominated to the Incentive Fund from the 12- to 18- month birth date at a fee of $1,000 and from the 18- to 24- month birth date at a fee of $2,500.

The Incentive Fund utilizes the most familiar and proven concept in the American Quarter Horse Show industry, points won at AQHA shows. Each point earned at an AQHA-approved show in the open and/or amateur division by an Incentive Fund nominated horse will be worth a specific amount. The exact amount will depend on total money in the Fund for that show year and the total number of points earned in that year by Incentive Fund nominated horses.

Who can nominate a horse to the program? Only the owner or lessee as recorded on AQHA records can be shown as the nominator.

How and to whom is the money paid? At the end of every show year, the total number of points earned by Incentive Fund horses is divided into the total amount of money in the Fund for that year. This establishes a dollar value for each point. That value is then multiplied by the number of points earned by each nominated horse, with 10 percent of the total being paid to the nominator of the stallion for the appropriate breeding year, 10 percent to the nominator of the foal, and the remaining 80 percent paid to the recorded owner of the point-earning horse as of December 31 of the year in which the points are earned.

When are checks mailed? Points are tabulated on shows held through December 31. Show management has 10 days in which to submit the show results. It then takes several days to process the results and make any necessary corrections. The computation of Incentive Fund earnings is based on AQHA records as of January 31. Subsequent corrections to show records will not affect the money earned or paid.

For more information regarding AQHA, AQHA Programs or The AQHA Incentive Fund please contact:

Mailing
AQHA
P.O. Box 200
Amarillo, Tx 79168
Overnight Delivery
American Quarter Horse Association
1600 Quarter Horse Dr.
Amarillo, Tx 79104
Phone
Customer Service
(806) 376-4811
Website
www.AQHA.com

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