What does it mean 'Incentive Fund" - Page 2 - The Horse Forum
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post #11 of 19 Old 10-04-2013, 09:08 PM Thread Starter
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Is there a time limit to nominate your foal?
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post #12 of 19 Old 10-04-2013, 10:08 PM
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just out of curiosity, how much does it cost to enter an incentive fund show? and is it like the winners get a LOT back, or just a bit more than they paid in?
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post #13 of 19 Old 10-04-2013, 11:00 PM
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You cannot enter or put a horse in the IF if it is not illegible. Only horses sired by a nominated stallion may be put into the IF. Then, the foal must be nominated by paying a fee that starts out at $100.00 if the foal is under 7 months old. It keeps getting more expensive until the horse is 18 - 24 months old and the fee is $2500.00. Shows have nothing to do with this. Approved shows are judged by approved AQHA Judges and the shows must send in all official results to the AQHA Show Department. AQHA keeps all of the records, keeps track of points earned at each show and sends out checks at the end of the show year.

There is no reason to pay the extra money if a person is not serious about showing in AQHA shows or is not raising foals to sell as show prospects. All AQHA shows award AQHA points, both open and Amateur. A horse owner is paid by AQHA for each point at the end of each show year. The stallion owner also gets $ from each point earned by a nominated foal and the nominator also gets $ back. So, if a horses is shown successfully, everyone wins.

If a breeder raises show prospects or a stallion owner wants serious show breeders to breed to their stallion, it is an absolute MUST that their stallions are nominated and that each foal they hope to sell as a show prospect is nominated. For non-show people, it has no value and is of no consequence at all.

Here is a FAQ page from the AQHA website that non-AQHA people can find questions and answers to most of the questions. AQHA: Frequently Asked Questions

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Last edited by Cherie; 10-04-2013 at 11:03 PM.
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post #14 of 19 Old 10-05-2013, 01:14 AM
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question?

so say I want my foals nominated for the next owner to show them, but my stallion was never nominated and neither was any of his parents, can I still nominate him, of does he have to have a parent that was nominated, just wondering bought a filly but I would like to do my paint stud if at all posiable
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post #15 of 19 Old 10-05-2013, 01:27 AM
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The way I understand it, no, you would not be able to put your foal in unless his sire was nominated to the Incentive Fund.

I don't show AQHA...I went with my Mom when I was little but there's still a lot of things I'm in the dark about. I gotta get up to speed soon though, since I sense I'm gonna make a surprise re-entrance into the show world. lol.

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post #16 of 19 Old 10-05-2013, 08:17 AM
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The sire must be nominated (by paying money). The money paid to point earners comes from the sire nomination fees and the foal nomination fees. So, the amount that each point is worth varies from year to year.

The fact that you cannot get any other foal into the IF is why it works. People breeding show stock get more money for their foals because they are eligible. Stallion owners breed a lot more mares if they have a worthy stallion. If you could get just any foal into the fund, no sire owners or foal owners would nominate them.

The program has been so successful that reining breeders started the NRBC and TB breeders started the Breeders Cup. These are all 'incentives' to sell eligible foals because they are eligible to compete in select venues and earn extra money. AQHA uses their point system to disperse IF money instead of special competitions like the NRBC, cutting horse Super Stakes or the TB Breeders Cup.
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post #17 of 19 Old 10-06-2013, 03:05 PM
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I think everyone has a right to ask a question if they don't know the answer.

As far as the incentive fund works, I have 2 IF horses but have never seen a check. I only have a few points though. A friend of mine posted a picture of a check she received for $28.00 on facebook so I'm thinking the people that really see anything are the stallion owners and then the people that are really competitive...

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post #18 of 19 Old 10-06-2013, 10:31 PM
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If your horse is IF, you have to pay into the fund as well from what I gathered, before you start showing.

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post #19 of 19 Old 10-06-2013, 11:07 PM
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For a horse's points to be counted, each horse needs to get a 'competition License' each year in both Amateur and Open divisions. This license fee must be paid each year the horse is shown and can be paid any time during the year (even after the horse has earned points). This fee is $50.00 per horse per year per division and this money is added to the IF pot.

The stallion owner gets 10% of the pool for each point each horse sired by their stud earns. The person that paid the original foal nomination fee gets 10%. The owners of the horses being shown get 80% of the pot.

When I showed IF horses, I got about $40.00 per point. But, I owned the stallion and nominated the horse I showed so I got $8.00 for that added in. The years my stallion had other foals show, I got about $3.50 per point.

I know people that have gotten back checks for several thousand dollars a year. Obviously, it is designed to encourage more people showing at more shows.

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