Public Charity

NANTUCKET YACHT CLUB FOUNDATION INC

Based in NANTUCKET, MA, NANTUCKET YACHT CLUB FOUNDATION INC operates as a Public Charity. The organization reported $210K in revenue, $105K in expenses, $328K in total assets for fiscal year 2025.

EIN: 030453940 NANTUCKET, MA Public Foundations NTEE: T30 Latest filing: 2025
Total Revenue$210K
Total Expenses$105K
Total Assets$328K
Grants Given3
Filing Years2021–2025

Mission

TO AWARD SCHOLARSHIPS

Where $100 goes at Nantucket Yacht Club Foundation Inc

How Nantucket Yacht Club Foundation Inc divides every $100 it spends, from its own Form 990-EZ filings, averaged across 5 years.

$11 Programs the work itself
$89 Everything else operations and overhead

Form 990-EZ reports program spending but doesn't separate management from fundraising, so those are shown together.

Inside the $11 for programs

$11
The foundation was established to raise funds for the purpose of awarding scholarships to assist persons affiliated with Nantucket
All program spending
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Source: Form 990-EZ filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR Burton C Hurlock
DIRECTOR Burton Hurlock
DIRECTOR Caroline Brecker Yenor
DIRECTOR David G King Jr
DIRECTOR David Worth
DIRECTOR Dr Robert Stanton

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $210K $105K $328K
2024 $103K $91K $223K
2023 $134K $63K $211K
2022 $79K $120K $140K
2021 $51K $137K $182K

Between 2021 and 2025, reported annual revenue grew from $51K to $210K (+315%), with total assets most recently reported at $328K.

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.

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