Good News for Stakeholders in the New Year

Dear Stakeholders,

The Fund has mailed out more than $3.7 million in awards this week. The first mailing of more than $2.1 million represents the awards earned by your horses in November and December of 2014 (Period VI). As with every other award period, ten percent was held back.

   $ Awarded (90%) # of Awards
  Breeder    $1,532,946.49      956
  Stallion     $388,155.69      497
   Owner     $245,471.22      128
    Total    $2,166,573.40     1,581

However, I have more good news ‒ the Fund has sufficient money to pay everyone 100% of the money that was held back during the year, and those checks totaling over $1.5 million are already in the mail as well. As you can see from the charts below, more than 9,700 awards were earned by NY-breds during 2014.

2014 Holdback:

  $ Awarded (100%) # of Awards
  Breeder   $1,106,537.38     5,798
   Stallion    $262,291.39     3,061
   Owner    $170,651.65      842
    Total   $1,539,480.42     9,701

 

2014 Total Awards:

  # of Awards    1401    1402  1403     1404    1405    1406
         Breeder      5,798     390     664  1,200     1,284    1,304     956
         Stallion      3,061     189     348    662       654      711     497
         Owner       842      45      85    217       185      182     128
          Total      9,701     624   1,097  2,079     2,123    2,197    1,581

 

I hope these awards find you and your horses in good health.

Please join me in thanking the Fund staff for turning around the sixth-period awards and the hold-back payments so quickly.

Sincerely,

Tracy Egan

Executive Director

New York Thoroughbred Breeding and Development Fund

e-mail: NYBreds@NYBreds.com

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