Public Charity

NEW BEDFORD YACHT CLUB FOUNDATION INC

NEW BEDFORD YACHT CLUB FOUNDATION INC is a Public Charity headquartered in DARTMOUTH, MA. Financial data from the 2024 filing: $270K revenue, $264K expenses, $228K total assets. IRS filings disclose 6 grants awarded by this foundation, totaling roughly $1.3M.

EIN: 371694088 DARTMOUTH, MA Latest filing: 2024
Total Revenue$270K
Total Expenses$264K
Total Assets$228K
Grants Given6
Grant Total$1.3M
Filing Years2020–2024

Mission

TO PROMOTE, DEVELOP, MAINTAIN, AND OVERSEE A SAILING SCHOOL; TO ENGAGE IN THE PROMOTION AND DEVELOPMENT OF SAILING ACTIVITIES; AND TO DEVELOP AND ENGAGE IN INSTRUCTIONAL AND EDUCATIONAL ACTIVITIES AND PROGRAMS RELATED TO SAILING IN THE TOWN OF DARTMOUTH, MASSACHUSETTS.TO PRESERVE AND PROTECT OLD AND HISTORIC BUILDINGS IN DARTMOUTH, MASSACHUSETTS, INCLUDING SPECIFICALLY THE CLUBHOUSE OF THE NEW BEDFORD YACHT CLUB, IN ORDER TO PERPETUATE THE FURTHER EDUCATION OF POSTERITY WITH REGARD TO THE ARCHITECTURAL, HISTORIC, AND GENERAL CULTURAL HERITAGE OF THE DARTMOUTH AREA.

Where $100 goes at New Bedford Yacht Club Foundation Inc

How New Bedford Yacht Club Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$97 Programs the work itself
$3 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $97 for programs

$96
During 2024, the foundation raised $228,595 in tuition and fees for the sailing school held at the new bedford yacht club
99% of program spending · Reported in the filing: 291 students
$1
During 2024, a grant was provided to one student to attend the sailing school at the new bedford yacht club
1% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Given

NEW BEDFORD YACHT CLUB
SOUTH DARTMOUTH, MA · 2024
TO OPERATE AND ADMINISTER THE SAILING SCHOOL
$228,595
NEW BEDFORD YACHT CLUB
SOUTH DARTMOUTH, MA · 2023
TO OPERATE AND ADMINISTER THE SAILING SCHOOL
$200,152
NEW BEDFORD YACHT CLUB
SOUTH DARTMOUTH, MA · 2021
TO OPERATE AND ADMINISTER THE SAILING SCHOOL.
$228,828
NEW BEDFORD YACHT CLUB
SOUTH DARTMOUTH, MA · 2020
TO OPERATE AND ADMINISTER THE SAILING SCHOOL.
$262,087
NEW BEDFORD YACHT CLUB
SOUTH DARTMOUTH, MA · 2018
TO OPERATE AND ADMINISTER THE SAILING SCHOOL.
$189,558

Showing up to 5 of 6 total records — full history available with membership.

Officers & Directors

DIRECTOR Blair Tracy
DIRECTOR Chris Fairfax
DIRECTOR David Adelberg
PRESIDENT Donald Watson
DIRECTOR Felicity Hoyt
CLERK Kelly Wilbur

Officer compensation and complete director data available with membership.

Top Grant Purposes

Education
$1,278,483 6 grants

Financial Trends

Year Revenue Expenses Assets
2024 $270K $264K $228K
2023 $238K $242K $222K
2022 $345K $252K $221K
2021 $304K $303K $127K
2020 $30K $26K $126K

Between 2020 and 2024, reported annual revenue grew from $30K to $270K (+789%), with total assets most recently reported at $228K.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in MA.

MA

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for NEW BEDFORD YACHT CLUB FOUNDATION INC

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