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Online AYC Member Contribution
How to Give
Annual Giving Levels: The Compass Point
Estate Planning: The 1883 Society
Memorial Gifts
AYCF has awarded scholarships to the AYC Junior Sailing Program and provided grants to other community-based youth educational programs such as the Annapolis Police Department’s Youth Fishing Camp, Box of Rain, and Chessie Jr. Racing. Chesapeake Regional Accessible Boating has received AYCF support to make the thrill of sailing a reality for physically and/or developmentally-challenged individuals.
The Foundation has enabled worthy amateur sailors to pursue their dreams of competing in national, international and Olympic campaigns. Our combined support provided funds for Olympic campaigns in RS:X, Finns, Yinglings (Competed in 2004 Olympics) and Stars; the IODA South American Championships, and the International Youth Match Racing Championship, to name a few.
The Foundation has also helped local groups host national and international regattas, including the Rolex Women's International Keelboat Championships and the USODA Team Trails.
Participants in these programs learn first hand the challenges associated with varied water sports and the importance of protecting the environment…...all because the AYC Foundation was there to lend financial support.
There are many ways you can make a gift to the AYC Foundation. The following are a few of the many options available.
- Outright Gift: check, cash, or online. More...
- Monthly AYC Invoice
- Donation of your yacht
- Will or Trust Bequests
- Transfer of stocks, mutual funds, real property, etc.
- Beneficiary Designation Gifts - AYCF can be the beneficiary of a life insurance policy, annuity, trust, IRA, or other legal contract
When you are considering a planned gift and/or bequest, please check with your attorney or financial advisor.
Donations are deductible as charitable contributions as provided in the Internal Revenue Code. If you have any questions about a donation, please contact:
- Boat Donations - John White, 410-757-4819
- Planned Gift - Craig L. Siebert, 410-266-5450
- Cash/Other - Ward Anderson, 410-263-0787
The Compass Point is an ongoing annual campaign that provides regular support for the Annapolis Yacht Club Foundation. This program enables all members of the Annapolis Yacht Club to make gifts to the AYC Foundation.
Members of The Compass Point qualify for membership in several giving clubs, which have been established to encourage and recognize contributions made to the AYC Foundation.
The Compass Point
Donors providing gifts of $250 or more will be invited to a special reception. Diamond Burgee contributors will be recognized as life members.
| Ego Alley: | $1 - $99 | Chesapeake: | $1,000 - $4,999 |
| Spa Creek: | $100 - $249 | Thomas Point : | $5,000 - $9,999 |
| Harbor: | $250 - $499 | Tolly Point*: | $10,000 + |
| Severn: | $500 - $999 | Diamond Burgee**: | $25,000 + |
*Payment can be pledged to be paid over three years
** Payment can be pledged to be paid over five years
The 1883 Society was created as a way to recognize and thank donors who have made provisions in their estate plans for a gift to the AYC Foundation, recognizing that the gift may be postponed until after their lifetimes. Donors to The 1883 Society are leaving a legacy in their names to support the mission of the Annapolis Yacht Club Foundation.
Sample wording to designate the AYCF as a beneficiary:
“In lieu of flowers, contributions in memory of name can be made to the AYC Foundation, PO Box 908, Annapolis, MD 21404.”
“The family asks that memorial contributions for name be made to the AYC Foundation, PO Box 908, Annapolis, MD 21404.”
“In celebration of name’s life, the family asks that memorial contributions be made to the AYC Foundation, PO Box 908, Annapolis, MD 21404.”
Gifts in memory of a loved one can be made to the annual fund or to the endowment fund. This decision does not have to be made immediately. To let the Foundation know how you would like gifts allocated, please contact:
Edward Freitag, AYCF President.
As a funding organization, AYCF sometimes is made aware of a need for a significant contribution to jump-start a program or organization, or to help dramatically increase a program’s impact. These needs do not exist on an annual basis, and are usually one-time contributions on AYCF’s part. Contributions to AYCF’s endowment enable AYCF to be able to exercise it’s judgement to fund these extraordinary, vital requests to nurture and expand the community that cherishes and stewards the Chesapeake Bay.
In time, endowment income will provide a substantial percentage of the budget for annual grants.
Endowments
Endowment gifts to the Foundation are truly the gifts that keep on giving. An endowment is forever.
Endowment contributions can be made through a variety of financial mechanisms, including estate planning, and can be made at any time. For more information about endowment contributions, please contact the AYCF at Contributions@aycfoundation.org.
