Erie Yacht Club Foundation Inc
The Foundations mission is to advance maritime education promote youth and intercollegiate sailing and expand opportunities in boating.
Erie Yacht Club Foundation Inc at a glance
In short: Erie Yacht Club Foundation Inc gave $22K across 3 grants in 2024 (avg $7K), mostly in Pennsylvania. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $22,048
- +69.6% vs 2023
- Grants made (2024)
- 3
- +50.0% vs 2023
- Average grant
- $7,349
- +13.1% vs 2023
- Median grant
- $6,715
- Total assets
- $1,532,442
- +16.1% vs 2023
- Primary geography
- Pennsylvania (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Erie Yacht Club Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
The largest 2024 recipient was Erie Yacht Club Reyburn Sailing Sch ($10K). Together the top 3 received $22K.
Grant Size Distribution
9 grants across all recorded years
The most common grant size was under $50K: 9 grants of 9 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 3 itemized grants.
States
Cities
How Erie Yacht Club Foundation Inc gives
- Giving grew 95% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2024, annual grant giving ranged from $11K (2021) to $22K (2024). In 2024 it made 3 grants totaling $22K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Erie Yacht Club Reyburn Sailing Sch Erie, PA | To provide sailing school scholarships for at risk children. | $9,735 |
| United Way of Erie County Erie, PA | Grant to provide sailing school scholarships to underpriviledged kids, | $6,715 |
| 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 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $1,532,442 | $151,415 | $82,139 | $22,048 | 3 | $14,094 |
| 2023 | $1,320,091 | $87,507 | $77,053 | $13,000 | 2 | — |
| 2022 | $1,288,388 | $76,202 | $77,010 | $14,137 | 2 | — |
| 2021 | $1,375,026 | $105,826 | $71,782 | $11,300 | 2 | $5,848 |
| 2020 | $1,263,375 | $111,338 | $41,410 | — | — | $9,803 |
| 2019 | $1,173,691 | $102,579 | $73,695 | — | — | $5,252 |
About Erie Yacht Club Foundation Inc
Based on IRS filings
Erie Yacht Club Foundation Inc is a public charity focused on Recreation & Sports, based in Erie, PA. IRS filing data is available from 2019 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
Leadership & Key People
Officers and directors from IRS filings
Erie Yacht Club Foundation Inc is led by William Lillis, Chair since 2022 (on filings since 2019); none of the 11 officers listed in 2024 report compensation.
Officers on the 2024 filing
William Lillis
Chair
Trustee → Vice Chair, 2021
Vice Chair → Chair, 2022
On filings since 2019
25 hrs/week
No compensation reported
Char Mashyna
Trustee
On filings since 2019
15 hrs/week
No compensation reported
James McBrier
Trustee
On filings since 2019
10 hrs/week
No compensation reported
Marc Turner
Trustee
On filings since 2021
10 hrs/week
No compensation reported
Peter Lund
Trustee
On filings since 2021
10 hrs/week
No compensation reported
Barb Weibel
Trustee
On filings since 2022
20 hrs/week
No compensation reported
Jamie Taylor
Trustee
On filings since 2022
10 hrs/week
No compensation reported
Mike Squeglia
Trustee
New on the 2024 filing
10 hrs/week
No compensation reported
Alex Cox
Secretary
On filings since 2019
10 hrs/week
No compensation reported
Doug Loesel
Vice Chair
Trustee → Vice Chair, 2022
On filings since 2021
15 hrs/week
No compensation reported
Lawrence Serafin
Treasurer
New on the 2024 filing
15 hrs/week
No compensation reported
Former officers (14)
- Former: Charlotte Mashyna (2020–2023) — Trustee
- Former: Harvey Downey (2023) — Trustee
- Former: Larry Serafin (2023) — Treasurer
- Former: David Sanner (2019–2022) — Trustee
- Former: Richard Seibel (2020–2022) — Treasurer
- Former: Bill Lasher (2021–2022) — Trustee
- Former: Andy Kalivoda (2021) — Trustee
- Former: Laurie Root (2021) — Trustee
- Former: Vinnie Cifelli (2021) — Trustee
- Former: John V. Schultz II (2019–2020) — Trustee
- Former: Jr Farrar (2019–2020) — Trustee
- Former: Mark Rickloff (2019–2020) — Trustee
- Former: Susan Banka (2019) — Treasurer
- Former: William Lasher (2019) — Chair
Data from IRS Form 990 filings, 2019–2024. "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 Erie Yacht Club Foundation Inc
How much does Erie Yacht Club Foundation Inc give each year?
Erie Yacht Club Foundation Inc gave $22K across 3 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $13K across 2 grants.
What is Erie Yacht Club Foundation Inc's typical grant size?
Erie Yacht Club Foundation Inc's median grant in 2024 was $6,715, and its average grant was $7,349, across 3 grants on its 2024 IRS Form 990.
Where does Erie Yacht Club Foundation Inc give grants?
Erie Yacht Club Foundation Inc gives mostly in Pennsylvania: 100% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The most frequent recipient cities were Erie, PA (3 grants).
Does Erie Yacht Club Foundation Inc give general operating support?
Not in 2024: none of the 3 grants with a stated purpose on Erie Yacht Club Foundation Inc's 2024 IRS Form 990 were described as general or operating support.
How large is Erie Yacht Club Foundation Inc?
Erie Yacht Club Foundation Inc reported $1.5M in total assets on its 2024 IRS Form 990. Its revenue that year was $151K.
What is Erie Yacht Club Foundation Inc?
Erie Yacht Club Foundation Inc is a public charity focused on Recreation & Sports, based in Erie, PA. It holds $1.5M in total assets as of 2024.
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 2019–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2019 (received by the IRS February 20, 2020)
- Updated Form 990 for fiscal year 2021 (received by the IRS September 16, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS September 15, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS September 13, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS September 15, 2025)
- IRS filings on file for fiscal years 2020–2024
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