The Idaho Horse Board was created by Legislative action in 1987. The program became effective on July 1, 1988.

Seven board members are appointed by the Governor to represent a cross section of all equine related interests, including areas such as breeding, racing, competitive events, trail and pleasure riding. Funds collected are given back to the horse industry in the form of grants to further interests in Promotion, Research, and Education.

The Idaho Horse board must receive the grant request applications by December 1st which are then reviewed and funds awarded in January of each year.