The Foundations mission is to advance maritime education promote youth and intercollegiate sailing and expand opportunities in boating.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.5M
+16.1% YoY
Annual Giving
$22K
+69.6% YoY
Grant Count
3
+50.0% YoY
Avg Grant Size
$7K
+13.1% YoY
About Erie Yacht Club Foundation Inc
Based on IRS filings
Erie Yacht Club Foundation Inc is a nonprofit organization focused on Recreation & Sports, based in ERIE, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 3 grants totaling $22K. Net investment income was $14K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,532,442 | $1,320,091 | $1,288,388 |
| Revenue | $151,415 | $87,507 | $76,202 |
| Expenses | $82,139 | $77,053 | $77,010 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $14,094 | — | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
9 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Erie Yacht Club Reyburn Sailing Sch ($9,735), United Way of Erie County ($6,715), Penn State Behrend ($5,598).
| Recipient | Purpose | Amount |
|---|---|---|
| United Way of Erie County Erie, PA | Grant to provide sailing school scholarships to underpriviledged kids, | $6,715 |
| Erie Yacht Club Reyburn Sailing Sch Erie, PA | To provide sailing school scholarships for at risk children. | $9,735 |
| Penn State Behrend Erie, PA | To support the Sailing Club at Penn State Behrend helping to fund equipment competition fees and travel expenses to competitions. | $5,598 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Peter Lund | Trustee | 10 | — |
| Char Mashyna | Trustee | 15 | — |
| James McBrier | Trustee | 10 | — |
| Mike Squeglia | Trustee | 10 | — |
| Jamie Taylor | Trustee | 10 | — |
| Marc Turner | Trustee | 10 | — |
| Barb Weibel | Trustee | 20 | — |
| William Lillis | Chair | 25 | — |
| Doug Loesel | Vice Chair | 15 | — |
| Lawrence Serafin | Treasurer | 15 | — |
| Alex Cox | Secretary | 10 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Erie Yacht Club Foundation Inc?
Erie Yacht Club Foundation Inc is a nonprofit organization focused on Recreation & Sports, based in ERIE, PA. It holds $1.5M in total assets as of 2024.
How large is Erie Yacht Club Foundation Inc?
As of 2024, Erie Yacht Club Foundation Inc holds $1.5M in total assets with $151K in annual revenue. It awarded 3 grants totaling $22K in 2024.
Where does Erie Yacht Club Foundation Inc operate?
Erie Yacht Club Foundation Inc has awarded grants in Pennsylvania.
What size grants does Erie Yacht Club Foundation Inc award?
In 2024, Erie Yacht Club Foundation Inc awarded 3 grants totaling $22K — an average of about $7K per grant, based on its IRS Form 990 filings.
What is Erie Yacht Club Foundation Inc's EIN?
Erie Yacht Club Foundation Inc's EIN (Employer Identification Number) is 26-4788788. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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