NSBA Stallion Incentive Fund Program
Stallion owners are encouraged to participate in the Stallion Incentive Fund (SIF) program by donating one breeding to be sold to mare owners. Mare owners may purchase a breeding for half of the advertised stud fee plus a $100 administrative fee.
All donated breedings will go on sale October 1 of each year. Purchase of breedings will be posted by NSBA on a first received, first sold basis. The minimum cost to purchase a breeding is $400 ($300 plus $100). The minimum fee for stallions standing at private treaty, or not at all to the public, is half of the highest paid stud fee for the calendar year or $600 (plus $100), whichever is greater. The mare owner must be a current NSBA member to purchase a stallion breeding.
The stud fees collected are placed in a special fund to be distributed later in the program year. The stud fees, less administrative fees, are paid out each year in SIF classes and SIF Licensing Program.
In addition to the SIF classes, all SIF licensed horses are eligible to earn incentive fund points based on Dual Approved and Special Event shows earning cash value. Payout is based on the purse of sold breedings for the current year. In 2015, the SIF payout was $40.38 per point. All NSBA points earned in Dual Approved and Special Event Open and Amateur classes will be paid out.
The stallion nominator receives 10% of the earnings of offspring, the horse nominator earns 10% and the owner of the horse earns 80% of the License payout.
Any stallion not enrolled and sold in the Stallion Incentive Fund program may enroll into the program any year following the foaling year for a fee of $600. All offspring from that foaling year would then be eligible for licensing.
If the grandfather fee is paid by a person other than the stallion owner, a waiver form signed by the stallion owner must be submitted to the NSBA.
For more information about the NSBA Stallion Incentive Fund program please contact Sue Ellen Kaven at the NSBA office at (847) 623-6722 or email at email@example.com.
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