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: [email protected]