EIN 36-3733864

Chicago Yacht Club Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
1990
Most recent tax filings
2022-12-01
Description
Promotes awareness and appreciation of the nautical arts to the chicagoland community and nationally by broadening horizons for our youth and physically disabled through nautical training, education and on-the-water boating activities through various ...
Total revenues
$524,212
2022
Total expenses
$169,614
2022
Total assets
$1,775,494
2022
Num. employees
0
2022

Program areas at Chicago Yacht Club Foundation

Open horizons: the Foundation serves as the platinum sponsor of the open horizons youth sailing program, an initiative of the jackson park Yacht Club Foundation. The open horizons program targets low-income, at-risk youth of color (ages 8 to 18) and teaches them leadership, teamwork, resilience, and conflict resolution skills through sailing. Through classroom and on-water activities, the open horizons program covers traditional sailing skills (e.g., nautical terms, points of sail and safety) as well as many other skills that kids need to succeed in today's world. The open horizons program runs in five different sessions through the summer and serves more than 200 kids in the englewood and south shore communities.
Lead her ship: each year, up to ten young women ages 14-17 embark on a five-day cruise on a tall ship, the inland seas, in lake Michigan. During the cruise, these women learn to sail, learn about great lakes ecology, and also learn how to lead and work together as a team.
Sailing camps: sos children's villages Illinois works to unite children in foster care, surround them with a community of hope, and help them grow into caring and productive adults. In partnership with sos Illinois and the Chicago Yacht Club sailing school, the Foundation has created a sailing camp for sos Illinois children aged 8-14 who are interested in learning to sail. During this immersive experience, students learn how to sail, but also learn about stem subjects and build teamwork skills.
Other programs consistent with the organization's mission, including contributions to support a sailing exhibit at the Chicago children's museum and other programs benefiting the youth and underserved in the chicagoland area.

Grants made by Chicago Yacht Club Foundation

GranteeGrant descriptionAmount
Chicago Children's MuseumBoating Exhibit Sponsor$50,000
Jackson Park Yacht Club FoundationOpen Horizons Youth Sailing Program$12,000
Inland Seas Education Association (ISEA)Saling Event for Female High School Sailors$7,530

Who funds Chicago Yacht Club Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$50,950
Chicago Yacht Club (CYC)To Provide Monetary Support To Organization$41,738
The Fritz and Mary Lee Duda Family FoundationChicago Regatta / the Competition Fund$17,000
...and 5 more grants received

Personnel at Chicago Yacht Club Foundation

NameTitleCompensation
Steven SalkGeneral Counsel / Counsel / Secretary$0
Greg MiareckiPresident$0
Erin MitchellSecretary$0
Cyd ArcherVice President / Secretary / Director / Trustee$0
Chuck AndersonTreasurer$0
...and 6 more key personnel

Financials for Chicago Yacht Club Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$497,002
Program services$0
Investment income and dividends$26,960
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$250
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$524,212

Form 990s for Chicago Yacht Club Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-07990View PDF
2021-122022-10-20990View PDF
2020-122021-11-15990View PDF
2019-122021-04-01990View PDF
2018-122020-01-10990View PDF
...and 9 more Form 990s

Organizations like Chicago Yacht Club Foundation

OrganizationLocationRevenue
Langley Crew Boosters ClubMC Lean, VA$284,404
Veteran SailingKey Largo, FL$151,860
Mid-Atlantic Soaring AssociationFrederick, MD$131,983
Comets Swim Team Booster ClubPembroke Pines, FL$141,380
Blue Ridge Soaring SocietyNew Castle, VA$136,232
Alexandria Crew Boosters ClubAlexandria, VA$400,995
Conanicut Island Sailing FoundationJamestown, RI$599,615
Brooklyn BoatworksBrooklyn, NY$896,051
Na Ohana O Na Hui Wa'aHonolulu, HI$166,958
Friends Of the Washington Canoe ClubWashington, DC$592,008
Data update history
January 18, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 10, 2024
Updated personnel
Identified 6 new personnel
December 27, 2023
Used new vendors
Identified 1 new vendor, including
December 25, 2023
Received grants
Identified 5 new grant, including a grant for $41,738 from Chicago Yacht Club (CYC)
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Civic / social organizationsAmateur sports clubsSports organizationsCharities
Issues
EducationHuman servicesSports
Characteristics
Provides grantsState / local levelTax deductible donationsNo full-time employees
General information
Address
400 E Monroe St
Chicago, IL 60603
Metro area
Chicago-Naperville-Elgin, IL-IN-WI
County
Cook County, IL
Website URL
chicagoyachtclubfoundation.org/ 
Phone
(312) 861-7777
IRS details
EIN
36-3733864
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1990
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
N67: Swimming, Water Recreation
NAICS code, primary
813410: Civic and Social Organizations
Parent/child status
Independent
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