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Kentucky Quarter Horse Association, Inc.
P.O. Box 85
Eastwood, KY 40018-0085
Info2@kyqha.com
www.kyqha.com
FOR IMMEDIATE RELEASE
Kentucky’s Quarter Horse Breeders’ Incentive Fund
Competition Year 2023 Results Announced
Over $5.6 million awarded since start of program.
(August 16, 2024) – With the total fund showing increases over the last ten consecutive years, the Kentucky Quarter Horse Association’s Breeders’ Incentive Fund (BIF) continues to demonstrate healthy growth for owners of Kentucky-bred American Quarter Horses wherever they may be showing each, and every, year. Growth in the fund and strong market demand for BIF foals that show or race, and are produced here in the Commonwealth, remain a bright spot for the industry. Since inception, over $5.6 million has been awarded.
_____Payouts are based upon points earned in AQHA events. The allocation to American Quarter Horses in Kentucky showed a slight reduction for the 2023 competition year to a total of $389,078.00. The average value of a show point for 2023 was $64.31, while the average value of a race point was $22.89.
_____The aim of Kentucky’s Quarter Horse leaders was not to subsidize producers solely for operating in the Commonwealth, as have some other breeds, but rather to reward the buyers of Kentucky-breds for showing or racing successfully. This structure has incentivized buyers, most of them from other states, to prefer Kentucky-bred Quarter Horses when purchasing their prospects.
______In keeping with the established protocol, all data regarding the horses, points earned, award amounts, and other relevant information will be posted on KyQHA’s website for thirty days to allow public review.
The direct link for the show results is available by clicking on:
_____[BIF 2023 General Show Information] - FINAL
_____[BIF 2023 View Show Awards] - FINAL
The direct link for the race results is available by clicking on:
_____[BIF 2023 General Race Information] - FINAL
_____[BIF 2023 View Race Awards] - FINAL
_____Award winners must have been current members of both the AQHA and KyQHA as of July 1, 2024 in order to be eligible for awards.
It is important for those who are eligible for KyQHA BIF awards that you apply to only one Kentucky non-race Breeder awards program.
_____Any inaccuracies or suspected improprieties must be reported to the KyQHA within the thirty-day review period. Report all suspected inaccuracies to info2@kyqha.com by end of day on September 15, 2024.
_____The KyQHA is the only official affiliate of the American Quarter Horse Association in Kentucky. More information about the KyQHA BIF, membership forms, as well as other programs of the KyQHA can be found by visiting the web site at: www.kyqha.com.
Previous Guidance for KYQHA BIF
