EIN 36-3733864

Chicago Yacht Club Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
1990
Most recent tax filings
2023-12-01
Description
Promotes awareness and appreciation of the nautical arts to the chicagoland community and nationally by broadening horizons for our youth and physically disabled through nautical training, education and on-the-water boating activities through various ...
Total revenues
$1,562,068
2023
Total expenses
$313,968
2023
Total assets
$3,185,696
2023
Num. employees
0
2023

Program areas at Chicago Yacht Club Foundation

Competition fund: the competition fund enables the cyc Foundation to award grants to support applicants' training for and participation in prestigious national and international sailing competitions, such as the olympics, inter-club invitational events that are nationally recognized, match races ranked as grade 2 or better that are internationally recognized, or (for participants under age 19 who demonstrate financial need) national, continental, or world championship events in a single or double-handed class.
Tall ship programs, including stem cruises and lead her ship: each year, up to ten young women ages 14-17 embark on a five-day cruise on a tall ship, the inland seas, in lake Michigan. We hosted two of these in 2023. During the cruises, these women learn to sail, learn about great lakes ecology, and also learn how to lead and work together as a team. In addition, we hosted eight half-day science, technology, engineering, and math (stem) cruises aboard the inland seas in july for groups from several of our community partners.
Sailing camps: sos children's villages Illinois works to unite children in foster care, surround them with a community of hope, and help them grow into caring and productive adults. In partnership with sos Illinois and the Chicago Yacht Club sailing school, the Foundation has created a sailing camp for sos Illinois children aged 8-14 who are interested in learning to sail. During this immersive experience, students learn how to sail, but also learn about stem subjects and build teamwork skills.
Other programs consistent with the organization's mission, including contributions to support a sailing exhibit at the Chicago children's museum and other programs benefiting the youth and underserved in the chicagoland area.

Grants made by Chicago Yacht Club Foundation

GranteeGrant descriptionAmount
Inland Seas Education Association (ISEA)Saling Event for Female High School Sailors$28,000
Jackson Park Yacht Club FoundationOpen Horizons Youth Sailing Program$12,000
Judd Goldman Adaptive Sailing FoundationProgramming Support$9,900
...and 1 more grant made

Who funds Chicago Yacht Club Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$50,750
Chicago Yacht Club (CYC)To Provide Monetary Support To Organization$41,738
Captain Dave's FoundationCommunity Development$32,750
...and 9 more grants received

Personnel at Chicago Yacht Club Foundation

NameTitleCompensation
Steven SalkGeneral Counsel / Counsel / Secretary$0
Greg MiareckiPresident$0
Erin MitchellSecretary$0
Chuck AndersonTreasurer$0
Cyd ArcherVice President / Secretary / Director / Trustee$0
...and 6 more key personnel

Financials for Chicago Yacht Club Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$1,518,674
Program services$0
Investment income and dividends$43,394
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,562,068

Form 990s for Chicago Yacht Club Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-14990View PDF
2022-122023-11-07990View PDF
2021-122022-10-20990View PDF
2020-122021-11-15990View PDF
2019-122021-04-01990View PDF
...and 10 more Form 990s

Organizations like Chicago Yacht Club Foundation

OrganizationLocationRevenue
Colorado Elks Association CharitiesBerthoud, CO$572,358
Fairmount Round RobinsMarion, IN$699,291
MT Vernon Columbus ClubAlexandria, VA$620,716
National Field Archery Association FoundationYankton, SD$1,016,259
New York City Urban Debate LeagueNew York, NY$1,421,200
Yellow Jacket Flying ClubAtlanta, GA$491,608
Tall Ships AmericaNewport, RI$668,177
Scholastic Archery Association CorporationWilliamsburg, KY$491,886
Iowa Golf Association FoundationAnkeny, IA$1,025,930
Breakwater Yacht ClubSag Harbor, NY$466,194
Data update history
May 18, 2024
Received grants
Identified 3 new grant, including a grant for $17,000 from The Fritz and Mary Lee Duda Family Foundation
January 18, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 10, 2024
Updated personnel
Identified 6 new personnel
December 27, 2023
Used new vendors
Identified 1 new vendor, including
December 25, 2023
Received grants
Identified 5 new grant, including a grant for $41,738 from Chicago Yacht Club (CYC)
Nonprofit Types
Grantmaking organizationsCivic / social organizationsRecreational clubsCharities
Issues
EducationHuman servicesSports
Characteristics
Provides grantsState / local levelTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
400 E Monroe St
Chicago, IL 60603
Metro area
Chicago-Naperville-Elgin, IL-IN-WI
County
Cook County, IL
Website URL
chicagoyachtclubfoundation.org/ 
Phone
(312) 861-7777
IRS details
EIN
36-3733864
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1990
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
N50: Recreational, Pleasure, or Social Club
NAICS code, primary
813410: Civic and Social Organizations
Parent/child status
Independent
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