Third-Period Award Checks Sent July 2nd

Dear Stakeholders,

Happy Fourth of July from the staff of the New York Thoroughbred Breeding and Development Fund. We are pleased to be sending out nearly $2.7 million in awards on the eve of the nation’s Independence Day weekend celebration. The awards represent 90% of the full amounts earned by your NY-breds in May and June of 2015.

The Fund withholds 10% of each award category in order to make sure we have sufficient funds to pay all stakeholders throughout the fiscal year. We expect to pay out 100% of the withheld amounts in January 2016.

Here’s a look at how the awards were earned by category:

$ Awarded (90%)            # of Awards

Breeder               1,858,555.14            1,154

Stallion                  465,480.45             604

Owner                    360,697.68             224

__________ $2,684,733.27         1,982

Congratulations and enjoy the fireworks.

Sincerely,

Tracy Egan

Executive Director

NY Thoroughbred Breeding and Development Fund

Email: nybreds@nybreds.com

Phone: 518-388-0174

Fax: 518-344-1235

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