The New York Yacht Club
To attract and bring together a dedicated group in yachting and naval members to share and foster their interest in yachting and yacht racing;(continue on schedule o)
The New York Yacht Club at a glance
In short: The New York Yacht Club gave $1.1M across 3 grants in 2024 (avg $373K), mostly in New York. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $1,120,338
- -17.5% vs 2023
- Grants made (2024)
- 3
- +0.0% vs 2023
- Average grant
- $373,446
- -17.5% vs 2023
- Median grant
- $175,000
- Total assets
- $54,729,191
- +2.8% vs 2023
- Primary geography
- New York (91% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who The New York Yacht Club funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
The largest 2024 recipient was New York Yacht Club Foundation ($845K). Together the top 3 received $1.1M.
Grant Size Distribution
10 grants across all recorded years
The most common grant size was in the $250–500K range: 4 grants of 10 (40%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 3 itemized grants.
States
Cities
How The New York Yacht Club gives
- Giving held roughly steady from 2021 to 2024 (−10%). 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 2020 to 2024, annual grant giving ranged from $406K (2020) to $1.4M (2023). In 2024 it made 3 grants totaling $1.1M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| New York Yacht Club Foundation New York, NY | General Support | $845,338 |
| New York Yacht Club Regatta Association New York, NY | General Support | $175,000 |
| City of Newport Kings Park Renovation Newport, RI | General Support | $100,000 |
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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 | $54,729,191 | $28,887,365 | $28,357,661 | $1,120,338 | 3 | $997,214 |
| 2023 | $53,241,406 | $26,982,549 | $26,876,531 | $1,358,363 | 3 | $280,260 |
| 2022 | $51,553,114 | $24,855,889 | $24,108,199 | $499,783 | 2 | $422,031 |
| 2021 | $54,553,348 | $22,663,268 | $20,456,717 | $1,245,508 | 1 | $1,226,149 |
| 2020 | $50,337,724 | $15,410,587 | $17,395,453 | $406,000 | 1 | $376,352 |
About The New York Yacht Club
Based on IRS filings
The New York Yacht Club is a public charity, based in New York, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $54.7M in total assets. In 2024, it awarded 3 grants totaling $1.1M. Net investment income was $997K.
Leadership & Key People
Officers and directors from IRS filings
The New York Yacht Club's 2024 filing lists 29 officers; 7 of 29 officers listed in 2024 are compensated.
Officers on the 2024 filing
Julia Garabedian Ruegg
Director of Facilities
On filings since 2020
37.5 hrs/week
$198K (2020) → $220K (2024)
Timothy Hill
Senior Director of Committee & Member
Director of Committee & Member → Senior Director of Committee & Member, 2024
On filings since 2020
37.5 hrs/week
$185K (2020) → $213K (2024)
Austin T. Fragomen Jr.
Trustee
On filings since 2020
3 hrs/week
No compensation reported
Benjamin E. Kinney
Trustee
On filings since 2020
3 hrs/week
No compensation reported
D'arcy Carr
Trustee
On filings since 2020
3 hrs/week
No compensation reported
G. Thompson Hutton
Trustee
On filings since 2020
3 hrs/week
No compensation reported
James A. Hilton Sr.
Trustee
On filings since 2020
3 hrs/week
No compensation reported
Peter Levesque
Trustee
On filings since 2020
3 hrs/week
No compensation reported
Ralph U. Whipple Jr.
Trustee
On filings since 2020
3 hrs/week
No compensation reported
Senet S. Bischoff
Trustee
On filings since 2020
3 hrs/week
No compensation reported
Forrest G. Williams II
Trustee
On filings since 2021
3 hrs/week
No compensation reported
Linda Lindquist-Bishop
Trustee
On filings since 2021
3 hrs/week
No compensation reported
Steven A. Wolff
Trustee
On filings since 2021
3 hrs/week
No compensation reported
Susanne Leech
Trustee
On filings since 2021
3 hrs/week
No compensation reported
Belinda J. Shepard
Trustee
On filings since 2022
3 hrs/week
No compensation reported
Brian C. Fox
Trustee
On filings since 2022
3 hrs/week
No compensation reported
Peter McClennen
Trustee
On filings since 2023
3 hrs/week
No compensation reported
Benjamin I. Dyett Jr.
Trustee
New on the 2024 filing
3 hrs/week
No compensation reported
Cornelia F. Sertl
Trustee
New on the 2024 filing
3 hrs/week
No compensation reported
James B. Boyd
Co-General Manager
On filings since 2020
40 hrs/week
$390K (2020) → $568K (2024)
John Rellah Jr.
Executive Chef
On filings since 2020
37.5 hrs/week
$232K (2020) → $290K (2024)
Michael Cronin CPA
Comptroller
On filings since 2020
37.5 hrs/week
$366K (2020) → $417K (2024)
Timothy J. McCormick
Co-General Manager
On filings since 2020
37.5 hrs/week
$450K (2020) → $543K (2024)
Matthew Delaney
Chief Engineering
On filings since 2021
40 hrs/week
$170K (2021) → $193K (2024)
Clare G. Harrington
Vice Commodore
Trustee → Rear Commodore, 2021
Rear Commodore → Vice Commodore, 2024
On filings since 2020
3 hrs/week
No compensation reported
L. Jay Cross
Commodore
Rear Commodore → Vice Commodore, 2021
Vice Commodore → Commodore, 2024
On filings since 2020
3 hrs/week
No compensation reported
Peter P. Benedetto II
Secretary
On filings since 2020
3 hrs/week
No compensation reported
Robbie Benjamin
Treasurer
Trustee → Treasurer, 2024
On filings since 2020
3 hrs/week
No compensation reported
Peter J. Cummiskey
Rear Commodore
New on the 2024 filing
3 hrs/week
No compensation reported
Former officers (13)
- Former: Edward Rockwell Cesare (2020–2023) — Trustee
- Former: John C. R. Hele (2020–2023) — Treasurer
- Former: John J. Fauth (2020–2023) — Trustee
- Former: Paul M. Zabetakis MD (2020–2023) — Commodore
- Former: Timothy Hill Senior (2021–2023) — Director of Committee & Member
- Former: Peter Clennen (2022) — Trustee
- Former: Jason T. Walsh (2020–2021) — Trustee
- Former: Robert Allen Schmetterer (2020–2021) — Trustee
- Former: Christopher J. Culver (2020) — Commodore
- Former: Kathleen Nykolyn (2020) — Special Events Director
- Former: Stanley K. Honey (2020) — Trustee
- Former: Stephen D. Benjamin (2020) — Trustee
- Former: Susan Leech (2020) — Trustee
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $568K, to James B Boyd (Co-General Manager). 7 officers or directors reported compensation on that filing.
Frequently asked questions about The New York Yacht Club
How much does The New York Yacht Club give each year?
The New York Yacht Club gave $1.1M across 3 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $1.4M across 3 grants.
What is The New York Yacht Club's typical grant size?
The New York Yacht Club's median grant in 2024 was $175,000, and its average grant was $373,446, across 3 grants on its 2024 IRS Form 990.
Where does The New York Yacht Club give grants?
The New York Yacht Club gives mostly in New York: 91% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The next largest state was Rhode Island (9%). The most frequent recipient cities were New York, NY (2 grants).
Does The New York Yacht Club give general operating support?
Yes: 100% of The New York Yacht Club's 2024 grants with a stated purpose (3 of 3) were for general or operating support, per its 2024 IRS Form 990.
How large is The New York Yacht Club?
The New York Yacht Club reported $54.7M in total assets on its 2024 IRS Form 990. Its revenue that year was $28.9M.
What is The New York Yacht Club's EIN?
The New York Yacht Club's EIN (Employer Identification Number) is 13-1102800. IRS Form 990 filing data is available on this page for 2020–2024.
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
- Updated Form 990 for fiscal year 2020 (received by the IRS November 11, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 8, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS October 14, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 13, 2025)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in The New York Yacht Club's focus areas in our free grants database
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