Pennsylvania Breeders Fund
The Pennsylvania Horse Breeders Association, or PHBA, is a non-profit organization and the administrator of The Pennsylvania Breeders Fund. PHBA also maintains the official registry of the PA-bred race horses and Pennsylvania stallions. This program was developed to encourage Pennsylvania breeding and racing of Pennsylvania Thoroughbreds, offering monetary awards to breeders, stallion owners and owners of Pennsylvania-bred horses. The fund is financed by 1 percent of the state's total thoroughbred handle.