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American Sailboat Racing Foundation Inc

Public charity · Grantmaker Oyster Bay, NY EIN: 47-1731159 Website

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.

Key facts about American Sailboat Racing Foundation Inc

In short: American Sailboat Racing Foundation Inc gave $19K across 1 grant in 2024 (avg $19K), mostly in New York. Source: 2024 IRS Form 990.

EIN
47-1731159
Latest 990 filing
Form 990, 2024
Annual giving (2024)
$19,000
Grants made (2024)
1
Average grant
$19,000
Median grant
$19,000
Total assets
$131,911
Primary geography
New York (100% of itemized 2024 grant dollars)

Data from IRS Form 990, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990 · View filing

Total Assets

$132K

+27.3% YoY

Annual Giving

$19K

+111.1% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$19K

+111.1% YoY

About American Sailboat Racing Foundation Inc

Based on IRS filings

American Sailboat Racing Foundation Inc is a public charity focused on Recreation & Sports, based in Oyster Bay, NY. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $132K in total assets. In 2024, it awarded 1 grant totaling $19K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2024 grant dollars on its one itemized grant.

States

Cities

Oyster Bay

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K$20K0 grants2021 0 grants2022 1 grant2023 1 grant2024

From 2023 to 2024, annual grant giving ranged from $9K (2023) to $19K (2024). In 2024 it made 1 grant totaling $19K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2024

Sewanhaka Corinthian Yacht Club: $19KSewanhaka Corinthian YachtClub$19K

The largest 2024 recipient was Sewanhaka Corinthian Yacht Club ($19K).

Grant Size Distribution

2 grants across all recorded years

2<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 2 grants of 2 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Sewanhaka Corinthian Yacht Club Oyster Bay, NYSupporting the development of promissing young sailors.$19,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
$0$200K$400K$600K2021 2022 2023 2024
Metric202420232022
Total Assets$131,911$103,590$49,320
Revenue$499,389$433,264$351,233
Expenses$474,568$415,494$331,161

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-EZ for fiscal year 2021 (received by the IRS November 14, 2022)
  2. Updated Form 990 for fiscal year 2023 (received by the IRS November 12, 2024)
  3. Updated Form 990 for fiscal year 2024 (received by the IRS June 19, 2025)
  4. IRS filings on file for fiscal years 2021–2024

Leadership & Key People

Officers and directors from IRS filings

American Sailboat Racing Foundation Inc is led by Jean-Pierre Blaise, President on every filing since 2022; none of the 4 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Jean-Pierre Blaise

    President

    On filings since 2022

    2 hrs/week

    No compensation reported

  • Diane Schottenstein

    Secretary

    Vice President → Secretary, 2022

    On filings since 2021

    2 hrs/week

    No compensation reported

  • Hugh Jones

    Board Member

    Trustee → Board Member, 2022

    On filings since 2021

    2 hrs/week

    No compensation reported

  • Karen Martin

    Treasurer

    Secretary → Treasurer, 2022

    On filings since 2021

    6 hrs/week

    No compensation reported

Former officers (1)
  • Former: Jean Pierre Blaise (2021) — President

Data from IRS Form 990 filings, 2021–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about American Sailboat Racing Foundation Inc

How much does American Sailboat Racing Foundation Inc give each year?

American Sailboat Racing Foundation Inc gave $19K across 1 grant in 2024, according to its 2024 IRS Form 990. In 2023 it gave $9K across 1 grant.

How large is American Sailboat Racing Foundation Inc?

American Sailboat Racing Foundation Inc reported $132K in total assets on its 2024 IRS Form 990. Its revenue that year was $499K.

What is American Sailboat Racing Foundation Inc?

American Sailboat Racing Foundation Inc is a public charity focused on Recreation & Sports, based in Oyster Bay, NY. It holds $132K in total assets as of 2024.

Where does American Sailboat Racing Foundation Inc operate?

American Sailboat Racing Foundation Inc has awarded grants in New York.

What is American Sailboat Racing Foundation Inc's EIN?

American Sailboat Racing Foundation Inc's EIN (Employer Identification Number) is 47-1731159. IRS Form 990 filing data is available on this page for 2021–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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