2022 BREEDING PAYS FUTURITY BULLET POINTS
Our debut at the Nationals exceeded all expectations, and our first year Breeding Pays had two of the three largest halter classes at the show.
The goal of Breeding Pays was to create the largest payout ever at the U.S. Nationals ($260,000) and accomplish (3) things:
~ Reward the Breeders
~ Drive Horse Sales
~ Drive Breeding Sales
We believe we laid the groundwork to achieve these goals.
The inclusion of Amateurs into the Breeding Pays classes was a great success.
Each class had (3) Amateurs place in the top 12. The Bronze Champion Filly was presented by Janene Boggs, winning the Bronze Champion prize money and the top Amateur prize money.
~ A top priority of Breeding Pays is to establish a futurity that is self-funding.
~ The initial money came through Founding Members
~ Going forward, Breeding Pays will require the entries to be by a nominated Stallion or out of a nominated mare.
~ Starting next year, to be eligible to enter the Breeding Pays classes, horses must be sired or out of a nominated stallion or mare.
Nominations for 2023 are due by 3/1/2023
If neither the Mare or Stallion is not nominated, the resulting foals cannot show in this class.
Breeding Pays’ goal is to develop a long-term self-funding program.
It was decided that the traditional stallion auction method of funding is getting unpopular, and we also want to get away from in-utero nominations.
Therefore, the funding for Breeding pays comes from nominating stallion and mare and retaining their foal eligibility in the program over their lifetime
Non Founding Member:
~ Breeding Pays: Stallion Nomination Fee of $10,000 one time, lifetime annual retaining fee $2,500 versus a standard Breeding Auction: donate every year (most often buying your own breeding back to protect the price)
Breeding Pays Mare Nomination:
~ Breeding Pays recognizes the breeders that don’t own a stallion but own special mares. This allows them access to our program. Mare nomination $5,000.00 and maintenance annual fee of $1,500.00
2023 provides a unique opportunity for breeders to nominate their mares and stallions and have foals from 4 birth years included with no retro fees required. See below advantages:
|Birth Year of Foal|
|2023||INCLUDED||INCLUDED||INCLUDED||INCLUDED||If Retained 24||If Retained 25||If Retained 26||If Retained 27|
|2024||n/a||If Retro Fee PD||If Retro Fee PD||If Retro Fee PD||INCLUDED||If Retained 25||If Retained 26||If Retained 27|
|2025||n/a||n/a||If Retro Fee PD||If Retro Fee PD||If Retro Fee PD||INCLUDED||If Retained 26||If Retained 27|
Comments: 2023 Nominations is for foals born in 2024 what will show in 2026
Eligibility for the classes requires nomination of the dam or sire in the breeding year.
For Founding members the stallion nomination fee is $5000 and the retaining fee is $1500, for mares the nomination fee is $3500 and retaining fee is $1000.
Become a Founding member of the Breeding Pays Futurity and support the Arabian Halter Futurity with founding member stallion nominations benefits and a tax deductible donation
As a founding member you will receive 2 Breeding Pays Nomination slots during the timeframe you own your membership. These slots allow you to have up 2 nominated stallions at any one time for a reduced stallion nomination fee of $5000 and a stallion lifetime annual retaining fee of $1500 vs $10000 and $2500 for non-founding. A founding-member nominated stallion that is sold will have his nomination transfer with him and will be grandfathered into lifetime annual retaining fee of $1500
In addition, a founding member can nominate an unlimited number of mares for $3500 and $1000 retaining fee vs $5000 and $1500 for non-founding members.
For both mares and stallions nominated by founding members no catch-up. Non-founding members are required to pay back fees for all mares and stallions not nominated in 2023. For instance, if you nominate a stallion in 2024 vs 2023 and if you want a foal born in 2024 to be shown you have to pay the 10,000 nomination fee and 2,500 catch up fee.
All Founding members will be included in promotion of the Breeding Pays Futurity.
Founding memberships are transferable and retain all original founding member rights.
To become a Breeding Pays Futurity Founding Member, an initial payment of $20,000 by Dec 31, 2022, with a minimum $10,000 payment due by June 30, 2023 and the remaining due in June 30, 2024.
After Dec 31, 2022, the founding members will vote to determine if additional membership will be allowed.
At any time a founding member can sell their founding membership and rights will transfer.
$30,000 of your founding membership is eligible for a 501c donation
Non-founding members are required to pay back fees for all mares and stallions not nominated in 2023. For instance, if you nominate a stallion in 2024 vs 2023 and if you want a foal born in 2024 to be shown you have to pay the 10,000 nomination fee and 2,500 catch up fee.
For more information contact firstname.lastname@example.org