On Thursday, Dec. 8, the New York Thoroughbred Breeding and Development Fund (the FUND) mailed out awards checks totaling $1,024,747.
Breeders received the lion’s share of the awards money, with 500 recipients receiving a total of $713,251.
A total of $128,726 was awarded to 104 stallion owners.
Ninety-seven owners collected a total of $183,770.
The amounts continue to reflect the 30% withholding implemented by the Fund’s Board of Directors to assure that horses earning awards in the latter months of 2011 would be certain to collect awards money. The good news is that we will be able to pay out 100% of monies withheld during 2011 in the early months of 2012.