CBYRA Reserve Fund

Purpose: Provides grants to member clubs and fleets in support of regattas, sailor/racer education, and projects or programs of special merit and need.

Eligibility:

• CBYRA member clubs
• CBYRA sanctioned classes
• Member fleets
• Junior programs
• Teams of CBYRA members formed to compete in a specific event

Geographic Scope: Chesapeake Bay region (Maryland and surrounding areas)

Focus Areas:

• Regattas
• Sailor/racer education
• Projects or programs of special merit and need

Restrictions:

• Donations may not be directed to any specific fleet, club, or activity
• All contributions are tax-deductible to the extent permitted by law

Review Criteria - Preference Given To:

• Category A (non-advertising) events
• Prestigious and unique events offering outstanding competition or furthering CBYRA's mission
• Events offering a benefit to CBYRA

Grant Committee:

• CBYRA Treasurer (Chair)
• Four Division representatives: Junior, Handicap, One Design, and Cruising One Design
• Meets within one month of annual budget approval, then in March, May, July, and October
• May meet in special session as required

Payment Terms:

• Payment made after completion of event/activity and receipt of vendor invoices
• Unless specifically authorized by CBYRA Executive Committee
• Applicant must provide full accounting of receipts and costs

Contact Information:

• CBYRA Inc.
• Attn. Grant Committee
• P.O. Box 5405
• Annapolis, MD 21403
• Email: treasurer@cbyra.org

Application Process

Submission Requirements:
Applications must be submitted in writing to the Chair of the Grant Committee (treasurer@cbyra.org)

Deadlines:
Applications must be submitted before the first day of:

• December
• March
• May
• July
• October

First Page Must Include:

1. Party requesting a grant
2. Contact information
3. Event/activity schedule and location
4. Uses to which the granted funds would be applied
5. Target audience and projected attendance
6. Amount requested

Additional Pages Must Include:

1. Complete budget for the event/activity
2. Other sources of funding and amounts
3. Additional detail pages may be provided in support of the grant request

Additional Materials:
CBYRA may require additional materials to be submitted at its discretion upon review of the above materials.

Review and Decision:

• Grant Committee reviews applications
• Committee decides which applications, if any, will be funded
• Committee determines level of funding to be allocated to each event/activity

Publicity Requirements:
When approved by the Executive Committee:

• Recipients shall publicize their funding by CBYRA through all appropriate means
• Wear CBYRA pinnies during racing
• Fly CBYRA flags
• Acknowledge CBYRA support in interviews
• Notice published on CBYRA website
• Host Club notified
• Division Representatives notify relevant Classes