NonprofitsChicago Yacht Club Foundation Inc

Recreation & Sports

Chicago Yacht Club Foundation Inc

CHICAGO, IL

Total revenue

$804K

Total expenses

$609K

Net assets

$3.5M

Grants received

$504K

34 grants

EIN

363733864

Tax year

2024

Mission

The chicago yacht club foundation exists to bring the joys and benefits of boating to all, with primary focus on youth from underrepresented communities. Through nautical education, grants & scholarships, and partnerships, the chicago yacht club foundation produces a robust set of on- and off-the water programs that serve this mission.

Programs

2 programs

Inspiration: inspiration programs - the competition fund and inspire scholarships support youth pursuing competitive sailing and postsecondary education by reducing financial barriers and expanding access to opportunities beyond the water. Scholarships for postsecondary education or trade school. Grants for high-level sailors to compete in national and international competitions.

Expenses: $167KGrants: $152K

Introduction: introduction powerboat and sailboat cruises offer youth new ways to enjoy lake michigan by providing access to previously unexplored spaces, creating memorable experiences on the water, and sparking curiosity through steam programming. During the offseason, marine-themed after-school activities bring boating to life for students aged 10 to 18 at community partner sites citywide. Steam-focused sailboat cruises that teach core sailing concepts. Experiential powerboat rides for first-time boaters. After -school activities featuring hands-on crafts that emulate the engineering design process while introducing marine biology, boating physics, weather, and water safety.

Expenses: $158KGrants: $63K

Financials

FY 2024

Revenue

Contributions & grants$710K
Program service revenue
Investment income$93K
Other revenue
Total revenue$804K

Expenses

Grants paid$396K
Salaries & benefits
Fundraising$27K
Other expenses$213K
Total expenses$609K
Total assets$3.6M
Net assets$3.5M

People

13 listed

NameRoleCompensation

GREG MIARECKI

PRESIDENT

Board

10 hrs/wk

CYD ARCHER

VICE PRESIDENT

Board

2 hrs/wk

JANICE PROMER

TREASURER

Board

5 hrs/wk

ERIN MITCHELL

SECRETARY

Board

2 hrs/wk

MICHAEL BELSLEY

DIRECTOR

Board

2 hrs/wk

NICK CAMINO

DIRECTOR

Board

2 hrs/wk

PETER THORNTON

DIRECTOR

Board

2 hrs/wk

MICHAEL DANNECKER

DIRECTOR

Board

2 hrs/wk

ANN RUNDLE

DIRECTOR

Board

2 hrs/wk

LEIF SIGMOND

DIRECTOR

Board

2 hrs/wk

LINDSEY DUDA

DIRECTOR

Board

2 hrs/wk

DIANE FOOTE

DIRECTOR

Board

2 hrs/wk

ROBERT BIED

DIRECTOR

Board

2 hrs/wk

Grants received

Showing 34 of 34

FromAmountPurposeYear
$15K
CHICAGO REGATTA / THE COMPETITION FUND
2024
$3K
UNRESTRICTED
2024
$57K
TO PROVIDE MONETARY SUPPORT TO ORGANIZATION
2023
$57K
For grant recipient's exempt purposes
2023
$33K
Community Development
2023
$8K
CHICAGO REGATTA / THE COMPETITION FUND
2023
$4K
501C3 NON PROFIT ORGANIZATION
2023
$2K
GENERAL OPERATING SUPPORT
2023
$1K
CHARITABLE SUPPORT
2023
$950
UNRESTRICTED
2023
$750
COMMAND OF THE WATCH PROGRAM FOR GIRLS
2023
$51K
For grant recipient's exempt purposes
2022
$42K
TO PROVIDE MONETARY SUPPORT TO ORGANIZATION
2022
$17K
CHICAGO REGATTA / THE COMPETITION FUND
2022
$15K
FOR RECIPIENT'S EXEMPT PURPOSE
2022
$11K
UNRESTRICTED
2022
$4K
501C3 NON PROFIT ORGANIZATION
2022
$3K
UNRESTRICTED
2022
$51K
For grant recipient's exempt purposes
2021
$51K
For grant recipient's exempt purposes
2021
$5K
Educational
2021
$5K
501C3 NON PROFIT ORGANIZATION
2021
$4K
UNRESTRICTED
2021
$500
COMMAND OF THE WATCH PROGRAM FOR GIRLS
2021
$45K
TO PROVIDE SUPPORT TO THE ORGANIZATION
2020
$3K
2020 CHICAGO REGATTA FUNDRAISER
2020
$2K
Educational
2020
$2K
501C3 NON PROFIT ORGANIZATION
2020
$1K
GENERAL CHARITABLE
2020
$1K
UNRESTRICTED
2020
$500
GIRLS COMMAND OF THE WATCH
2019
$1K
UNRESTRICTED
2018

Funded by

$504K from 16 funders · 34 grants · 2018–2024

Fidelity Investments Charitable Gift Fund

$210K · 4 grants · 2021–2023

Chicago Yacht Club

$99K · 2 grants · 2022–2023

The Fritz And Mary Lee Duda Family

$42K · 4 grants · 2020–2024

Captain Dave's Foundation

$33K · 1 grant · 2023

Stone Barrett Foundation

$21K · 6 grants · 2018–2024

Helmsmanshipinc

$13K · 4 grants · 2020–2023

Details

EIN363733864
NTEE codeN67Z
Subsection03
Ruling date1995-02
Formed1990
Employees0
Volunteers25
CHICAGO YACHT CLUB FOUNDATION INC — Mission, Financials & Grants Received | Grantivo