Dear Stakeholders,
I am happy to report that more than 1,800 awards were earned by your horses in award period six (November-December). Today ‒ Tuesday, January 5th ‒ we are mailing checks totalling nearly two and a half million dollars in breeder, owner and stallion owner awards. The checks represent 90% of the total awards earned, as it is Fund policy to withhold ten percent to ensure that there is sufficient money to pay our awards throughout the year.
________$Awarded (90%) # of Awards
Breeder $1,706,615.69 1,063
Stallion 448,474.86 582
Owner 343,322.86 162
____________$2,498,413.01 1,807
At the end of this week we will mail out checks representing the ten-percent holdback from your awards earned in 2015. Whether you spend your award checks on property taxes, feed bills or a night on the town, we hope you receive them in good health and with our wishes for a successful New Year.
Sincerely,
Tracy Egan, Executive Director
