New Bedford Yacht Club Foundation Inc
TO PROMOTE, DEVELOP, MAINTAIN, AND OVERSEE A SAILING SCHOOL; TO ENGAGE IN THE PROMOTION AND DEVELOPMENT OF SAILING ACTIVITIES; AND TO DEVELOP AND ENGAGE IN INSTRUCTIONAL AND EDUCATIONAL ACTIVITIES AND PROGRAMS RELATED TO SAILING IN THE TOWN OF DARTMOUTH, MASSACHUSETTS.TO PRESERVE AND PROTECT OLD AND HISTORIC BUILDINGS IN DARTMOUTH, MASSACHUSETTS, INCLUDING SPECIFICALLY THE CLUBHOUSE OF THE NEW BEDFORD YACHT CLUB, IN ORDER TO PERPETUATE THE FURTHER EDUCATION OF POSTERITY WITH REGARD TO THE ARCHITECTURAL, HISTORIC, AND GENERAL CULTURAL HERITAGE OF THE DARTMOUTH AREA.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$228K
+2.7% YoY
Annual Giving
$229K
+14.2% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$229K
+14.2% YoY
About New Bedford Yacht Club Foundation Inc
Based on IRS filings
New Bedford Yacht Club Foundation Inc is a nonprofit organization, based in DARTMOUTH, MA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $228K in total assets. In 2024, it awarded 1 grants totaling $229K.
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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 | $227,600 | $221,542 | $220,538 |
| Revenue | $269,761 | $237,876 | $345,040 |
| Expenses | $263,703 | $241,608 | $251,934 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $-5,401 | $125 | $80,178 |
| 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 1 recipients in 2024
Grant Size Distribution
4 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include New Bedford Yacht Club ($228,595).
| Recipient | Purpose | Amount |
|---|---|---|
| NEW BEDFORD YACHT CLUB SOUTH DARTMOUTH, MA | TO OPERATE AND ADMINISTER THE SAILING SCHOOL | $228,595 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DONALD WATSON | PRESIDENT | 5 | — |
| MICHELLE HOYT | TREASURER | 3.5 | — |
| PETER DURANT | ASSISTANT TREASURER | 2.5 | — |
| KELLY WILBUR | CLERK | 2.5 | — |
| PAUL ADAM | DIRECTOR | 0.5 | — |
| DAVID ADELBERG | DIRECTOR | 0.5 | — |
| RICHARD ARMSTRONG | DIRECTOR | 0.5 | — |
| MICHAEL CALLAHAN | DIRECTOR | 0.5 | — |
| CHRIS FAIRFAX | DIRECTOR | 0.5 | — |
| FELICITY HOYT | DIRECTOR | 0.5 | — |
| BLAIR TRACY | DIRECTOR | 0.5 | — |
Frequently Asked Questions
How large is New Bedford Yacht Club Foundation Inc?
As of 2024, New Bedford Yacht Club Foundation Inc holds $228K in total assets with $270K in annual revenue. It awarded 1 grants totaling $229K in 2024.
Where does New Bedford Yacht Club Foundation Inc operate?
New Bedford Yacht Club Foundation Inc has awarded grants in Massachusetts.
What size grants does New Bedford Yacht Club Foundation Inc award?
In 2024, New Bedford Yacht Club Foundation Inc awarded 1 grants totaling $229K — an average of about $229K per grant, based on its IRS Form 990 filings.
What is New Bedford Yacht Club Foundation Inc's EIN?
New Bedford Yacht Club Foundation Inc's EIN (Employer Identification Number) is 37-1694088. IRS Form 990 filing data is available on this page for 2021–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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