2025-06-19T07:52:06-05:00 2024-12-31 113575844 Getzel Schiff & Pesce LLP 100 Crossways Park West Suite 403 Woodbury NY 11797 990 2024-01-01 471731159 American Sailboat Racing Foundation Inc AMER 5162868342 56 Soundview Ave Oyster Bay NY 11771 Jean-Pierre Blaise President 5162868342 2025-06-18 1 1 Michael Getzel CPA P01072561 5166928500 2025-06-17 X 2024 2025-03-06 01:10:19Z Jean-Pierre Blaise 56 Soundview Ave Oyster Bay NY 11771 499389 0 X WWW.AMERICANSAILBOATRACINGFOUNDATION.ORG X 2014 NY The American Sailboat Racing Foundation's mission is to raise the level of excellence among amateur American sailors with the ultimate goal of preparing them to compete in national and international competitions. 4 4 0 4 0 0 433264 499389 0 0 0 0 0 0 433264 499389 391701 464603 0 0 0 0 0 0 185 23793 9965 415494 474568 17770 24821 103590 131911 36500 40000 67090 91911 The American Sailboat Racing Foundation's mission is to raise the level of excellence among amateur American sailors with the ultimate goal of preparing them to compete in national and international competitions. 0 0 465160 464603 The foundation has found that there is a gap in the funding needed to assist American athletes in the field of sailing to allow them to train, compete and win in national and international competitions. To fill this gap, the Foundation provides funds for private coaching, equipment, travel, and entrance fees to assist in training athletes who have shown the ability and experience to compete in sailing on a national and international level. 465160 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 8 0 1 0 0 0 0 0 0 0 0 0 0 0 X 4 4 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NY DE X X Karen Martin 5162868342 56 Soundview Ave Oyster Bay NY 11771 X Jean-Pierre Blaise President 2.00 X X 0 0 0 Karen Martin Treasurer 6.00 X X 0 0 0 Hugh Jones Board Member 2.00 X 0 0 0 Diane Schottenstein Secretary 2.00 X X 0 0 0 0 0 0 0 0 0 0 Christopher Poole 8 Sunrise Road Westport CT 06880 Sailing grants 350681 1 499389 499389 499389 0 0 0 19000 19000 445603 445603 8000 8000 928 557 186 185 Filing Fees and Miscell 1037 1037 474568 465160 9223 185 103590 131911 103590 131911 36500 40000 36500 40000 X 0 0 0 0 67090 91911 67090 91911 103590 131911 24821 0 X 1 X 0 0 0 X 19110 118600 351233 433264 499388 1421595 19110 118600 351233 433264 499388 1421595 968007 453588 1421595 0.31910 0.32290 X 1. Percentage of Financial Support: The Organization has received over 10% of support from the general public in each of the last five years.2. The Sources of Support:The Organization received support from 57 individual donors.3. Representative Governing Body:The Board includes a lawyer with experience representing not for profits entities and the remaining three board members, 75% of the board members, have extensive sailboat racing experience.4. Public Facilities or Services and Public Participation in Programs or Policies: 75% of the board members have extensive sailboat racing experience and this experience is utilized to determine which sailors should receive support. The Organization utilizes the majority of funds to support sailors with the goal of raising the level of American sailing at national and international competitions. Supporting American sailing benefits the public by inspiring national pride. One of the sailors supported by the Organization has been ranked in the top 20 worldwide match racing skippers a source of inspiration to all American sailors and national pride. Another supported sailor is on the US Sailing Team and has a goal of competing in the America's Cup a source of inspiration to all American sailors and national pride. Organization's goal is to support attainment of excellence in sailing. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 Sewanhaka Corinthian Yacht Club 314 Yacht Club Road Oyster Bay NY 11771 111310150 501c7 19000 0 Supporting the development of promissing young sailors. Grants and assistance to support American sailors by reimbursing sailing and training expenses. The ultimate goal of the support is to prepare sailors for national and international competition. The Foundation provides funds for private coaching, equipment, travel, and entrance fees to assist in training athletes who have shown the ability and experience to compete in sailing on a national and international level. 6 445603 Form 990, Part VI, Section B, line 11b Reviewed at a board meeting. Form 990, Part VI, Section B, line 12c The Officers have regular Board Meetings and discussions. Form 990, Part VI, Section C, line 19 Available upon request and through the New York State Charities Bureau website if applicable.