Each point earned will be worth a specific amount of money which will depend on the total money in the Fund for that show year and the total number of points earned in that year by Incentive Fund nominated horses. Only the owner or lessee as recorded on the horse's original registration papers. In order to fairly represent all foals produced in North America, stallion nominations are not required. The Sport Horse Owners and Breeders Association may choose to host an annual Stallion Service Auction to raise additional funds for the Incentive Fund. Participation of a stallion in this fund-raiser is purely voluntary and does not affect the eligibility of that stallion's foals.
Any horse foaled in the United States, Canada or Mexico is eligible.
Also, foreign-born horses by stallions which are permanently based in North America. Proper documentation in the form of a stallion service certificate and complete physical identification card must be submitted. The Association reserves the right to order parentage verification prior to the payment of Incentive Fund awards should a dispute arise as to the true identity of a particular horse. The Association may deduct accumulated cost of administering the program from the gross proceeds from the foal nominations and sponsorship contributions not to exceed 10 percent. All funds received are invested with the earned interest being added back to the Incentive Fund.