The National Cutting Horse Association (NCHA) will be disbursing money from the 2020 Stallion Foal Program due to the cancellation of this year’s Kit Kat Sugar NCHA Super Stakes.
According to a statement from the association, multiple options were discussed and reviewed, and ultimately the disbursement plan was proposed by the Stallion Owner’s Committee, and voted on and approved April 9 by the Executive Committee.
The disbursement will include issuing refunds only to horses entered in the 2020 Super Stakes. The disbursements are as follows:
- Each horse entered in the 2020 Super Stakes will receive a check for $994.52. The program funds were divided equally amongst the number of horses entered.
- Each foal that was nominated and entered in the 2020 Super Stakes will receive a check for $117.00. The funds from the Foal Nomination Awards were divided equally amongst each of the horses entered.
- Each stallion subscriber that had a foal entered in the 2020 Super Stakes will receive a check for $1,010.09. The Stallion Subscriber Awards were divided equally amongst each of the subscribed stallions entered.
Stallion Foal Program disbursements will be made payable to the horse owners, foal nominators and stallion subscribers on record. The checks will take an estimated three to four weeks to be reviewed, approved, processed and mailed.
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