Public Charity

THE SAILING FOUNDATION OF NEW YORK INC

THE SAILING FOUNDATION OF NEW YORK INC is a nonprofit organization categorized as Public Charity based in NORTH PALM BEACH, FL. Its most recent IRS filing (2024) reports revenue of $608K, expenses of $1.1M, total assets of $598K. Imperigo tracks 19 reported grant relationships connected to this organization totaling approximately $928K.

EIN: 137308006 NORTH PALM BEACH, FL Amateur Sports Competitions NTEE: N70 Latest filing: 2024
Total Revenue$608K
Total Expenses$1.1M
Total Assets$598K
Grant Records19
Funding Total$928K
Filing Years2019–2024

Mission

THE FOUNDATION SUPPORTS AMATEUR SPORTS PARTICIPATION IN COMPETITIVE SAILING THROUGH CLINICS, COACHING AND OTHER EDUCATIONAL ACTIVITIES. THE FOUNDATION ALSO PROVIDES FINANCIAL ASSISTANCE TO DESERVED ATHLETES COMPETING IN REGIONAL, NATIONAL AND INTERNATIONAL COMPETITIONS. THE FOUNDATION ALSO IDENTIFIES OPPORTUNITIES FOR TRAINING AND DEVELOPMENT PROVIDED BY OTHER CHARITABLE EXEMPT ORGANIZATIONS THAT FACILITATE THE PARTICIPATION OF AMATEUR ATHLETES IN SUCH MARINE RELATED EDUCATIONAL PROGRAMS.

Where $100 goes at The Sailing Foundation of New York Inc

How The Sailing Foundation of New York Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$95 Programs the work itself
$2 Management running the organization
$3 Fundraising raising the next dollar

Inside the $95 for programs

$86
The foundation supports amateur sports participation in competitive sailing through clinics, coaching and other educational activites
90% of program spending
$9
The foundation provides funding opportunities for olympic athletes competing in reginoal , national andinternational competitions
10% 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.

Officers & Directors

DIRECTOR Arthur J Santry Iii
DIRECTOR Austin Fragomen
DIRECTOR Dorothy M Mosko
DIRECTOR George Hinman Jr
DIRECTOR George M Isdale
DIRECTOR James J Cummiskey

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$823,200 11 grants
Human & Social Services
$51,500 2 grants
Education
$33,001 4 grants
Health & Medicine
$10,000 1 grant
Youth Development
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $608K $1.1M $598K
2023 $1.4M $433K $1.1M
2022 $58K $92K $107K
2020 $174K $204K $141K
2019 $244K $403K $171K

Between 2019 and 2024, reported annual revenue grew from $244K to $608K (+149%), with total assets most recently reported at $598K.

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

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