How the SYCF operates:
The SYCF Board of Directors is an all volunteer group that has a common interest in supporting boating in the Northwest. We work hard to raise funds through the annual SYCF oyster feed, auction, and by receipt of charitable giving. The Board actively seeks out opportunities where we can make a difference and help programs, youth teams and individuals. We encourage groups to complete our grant request form and solicit our help.
The SYC Foundation is an extremely efficient charity which operates with little to no overhead so nearly all funds received are passed on to grand recipients.
To smooth out funding in the future we have begun to build an endowment. It is our feeling that through an endowment the SYCF can fund larger programs and make a more substantial contribution.
Why donations are important:
Many life lessons can be learned on the water, including self-reliance, responsibility, leadership, teamwork and preparedness. Boating is a fun activity for youth and while enjoying the water many skills are developed that will help all through a boaters life. We believe that helping to foster these skills and making boating more inclusive will improve the community.
How can you help?
The Foundation greatly appreciates any donations. These donations can be earmarked for the endowment or our general fund. We will send you at thank you note and receipt.
Checks can be mailed to us at:
SYC Foundation
1807 E Hamlin Street
Seattle, WA 98112
Donations can be made in person at the Seattle Yacht Club, or charged to an SYC member account.
Other ways you can give:
Securities: Transfer stocks, bonds or mutual funds directly to the Foundation.
Planned Giving or Annualized Donations.
Estate Planning: One of the best ways for you to help us is to remember the SYCF in your will. Even a small percentage of your estate can make a large long term contribution to the community.
Beneficiary Designation Gifts: Name the SYCF as the beneficiary of a life insurance policy, annuity, trust, IRA or other legal contract.
Attend our annual Oyster Feed and Auction.
Consign boating items at Dunato's Second Wave Store and name the SYCF as the beneficiary, they offer a commission discount that benefits the SYCF. See: www.secondwave.cc
The SYC Foundation is incorporated in the State of Washington. It operates under Internal Revenue Service section 501C(3). Donations made to the Foundation are tax deductible.
www.sycfoundation.org