28/ APRIL 2019 THE RIDER
INSIDE AQHA News.....................................28 OQHA News ....................................29 EOQHA News ..................................30 Top AQHA Shows ............................30 QROOI News ...................................31
The Canadian Quarter Horse Association is an affiliate of the AQHA. Annual membership is
on-line, visit the CQHA web site:
www.cqha.ca, and choose
Choose “Affiliates” to link to provincial Quarter Horse & Racing Association sites. Contact: CQHA President,
Wayne Burwash, ph: 403-246-8283, email:
president@cqha.ca AQHA Incentive Fund Final Payout AQHA pays out more than $2.6 million to
AQHA Incentive Fund owners and breeders for points earned in 2018.
From The American Quarter Horse Association Owners of American Quarter Horse Asso-
ciation Incentive Fund-enrolled horses, as well as foal and stallion nominators, should start see- ing checks arrive for points earned during the 2018 show season. More than $2.6 million was paid to owners and nominators who earned In- centive Fund points in 2018. Each point earned at an AQHA-approved
show in the open and/or amateur divisions by an Incentive Fund-nominated horse is worth a spe- cific amount. For 2018, that amount was $49.60. In 2018, Incentive Fund-nominated horses
earned 114,734 points. The Incentive Fund point cap for payout was 20 points, which is the aver- age number of points earned, plus 1. Based on the point cap, 52,448.5 total points were paid. This is the final payout for the AQHA In-
centive Fund, which is why the amount paid in 2018 is higher than previous years. Legally, the funds in the Incentive Fund must be paid to own- ers and nominators enrolled in the program in- stead of funding a new program.
Final Incentive Fund Payout Information For U.S.-based AQHA customers who do
not owe AQHA money for work performed, an Incentive Fund check will be mailed directly to the customer. If a customer owes AQHA money for work
performed, their Incentive Fund payout will be applied to their outstanding balance. Any credit balance will stay on the account, unless a refund request is received. Credit balances can be ap- plied to future AQHA business. A refund of the credit balance may be requested by also contact- ing
incentivefund@aqha.org. International AQHA customers earning an
Incentive Fund payout will have a credit put on their AQHA account for the value of their Incen- tive Fund payout to be used for future AQHA business. International members may request a refund of the credit balance less applicable ex- change/processing fees by contacting incentive-
fund@aqha.org. According to the rules of the Incentive
payout
Fund, Incentive Fund monies due to a person/en- tity suspended from membership or show privi- leges with AQHA, will be withheld during the term of the suspension; or, funds may be used to pay a participant’s delinquent account with AQHA. If the suspension continues longer than five (5) years from the date the funds are awarded, such funds will be forfeited and paid to the American Quarter Horse Foundation’s gen- eral scholarship fund. If you have additional questions regarding information,
email
incentivefund@aqha.org.
About the AQHA Incentive Fund The AQHA Incentive Fund was a revolu-
tionary program for the equine industry and was so successful that it became a model for many others. The AQHA Incentive Fund has paid out more than $80 million in its lifetime. In 2014, a joint meeting of an AQHA Show Strategic Planning Committee and AQHA Show Council recommended the formation of an AQHA Incentive Fund Working Group to deter- mine the interest in and viability of the Incentive Fund moving forward. The working group per- formed an in-depth analysis of historical data; surveys of foal and stallion nominators; reviewed various findings; and evaluated recommenda- tions for the program. In 2017, the Executive Committee determined that based on multiple factors, including the decline in participation through the past decade, the program should be terminated to allow time and resources to move to the research and development of new potential incentive programs for competitors and breeders.
“We want to thank you for supporting the
AQHA Incentive Fund,” said Craig Huffhines, AQHA executive vice president. “Whether you nominated your horse for one year or for decades, you have had your part in making this the landmark
incentive program for the equine industry. We look forward to using our time and resources to create new incentive programs for our members in the fu- ture. ”
For more information on the Incentive Fund
conclusion, visit
www.aqha.com/incentivefund. AQHA News and information is a serv-
ice of the American Quarter Horse Association. For more news and information, follow @AQHAnews on Twitter and visit
www.aqha.com/news.
“Membership” section.
free to current members of AQHA. To enroll
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