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Florida · Nonprofit

THE SAILING FOUNDATION OF NEW YORK INC

THE SAILING FOUNDATION OF NEW YORK INC (Florida) receives grants from 29 organizations whose IRS filings report $3,154,000 to it, the largest being JAMES M SCHOONMAKER II FOUNDATION ($1,865,000). 9 of them have funded it in more than one year.

Revenue FY2024
$608k
Funders on record
29
Grants received
$3.2M
Net assets
$598k
9/29 repeat funderspeak grant-dependency 44%
01What it does

What The Sailing Foundation of New York Inc does

Mission

The foundation supports amateur sports participation in competitive sailing through clinics, coaching and other educational activities. The foundation also provides financial assistance to deserved athletes competing in regional, national and international competitions. The foundation also identifies opportunities for training and development provided by other charitable exempt organizations that facilitate the participation of amateur athletes in such marine related educational programs.

As stated on its FY2024 Form 990.

Programs

  1. The foundation provides funding opportunities for olympic athletes competing in reginoal , national andinternational competitions. Grants are made to reimburse these athletes for expenses incurred training for olympic events. The foundation also supports olympic sailing athletes with grants to us sailing's olympic sailing program.

    $212,823 spentof which $212,823 as grants
    50% of program spending
  2. The foundation supports amateur sports participation in competitive sailing through clinics, coaching and other educational activites. The foundation also provides financial assistance to deserved atheletes competing in regional, national and international competitions. The foundation also identifies opportunties for training and development provided by other charitable exempt organizations that facilitate the participation of amateur athletes in such marine related eductional programs.

    $212,824 spentof which $212,824 as grants
    50% of program spending

The 2 programs described on its FY2023 Form 990, listed largest first by expense. Program spending in total: $425,647.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($224k) Expenses 100 ($169k) Net assets 100 ($231k)2018 Revenue 362 ($810k) Expenses 422 ($712k) Net assets 143 ($330k)2019 Revenue 109 ($244k) Expenses 239 ($403k) Net assets 74 ($171k)2020 Revenue 78 ($174k) Expenses 121 ($204k) Net assets 61 ($141k)2021 Revenue 72 ($162k) Expenses 97 ($163k) Net assets 61 ($140k)2022 Revenue 26 ($58k) Expenses 54 ($92k) Net assets 46 ($107k)2023 Revenue 618 ($1.4M) Expenses 257 ($433k) Net assets 458 ($1.1M)2024 Revenue 271 ($608k) Expenses 633 ($1.1M) Net assets 259 ($598k)
'17'18'19'20'21'22'23'24
Revenue (271)Expenses (633)Net assets (259)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $107k to $1.1M (+891%).

$231k
$330k
$171k
$141k
$140k
$107k
$1.1M
$598k
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

99% of THE SAILING FOUNDATION OF NEW YORK INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (18% for the typical peer).

This organization
Typical peer · 16,168 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 8 reported years ran a deficit.

$55k
’17
$99k
’18
−$159k
’19
−$30k
’20
−$841
’21
−$33k
’22
$951k
’23
−$459k
’24
6.7
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

'17'18'19'20'21'22'23'24
Listed7101010101088
Joined·+4+0+0+0+0+2+0
No longer listed·1000040
03Who funds it

Who funds it, year by year

2018 → 2023: the base broadened from 3 funders to 11 funders, grant income rose $31k → $399k.

7 of 29 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 20% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of THE SAILING FOUNDATION OF NEW YORK INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

THE SAILING FOUNDATION OF NEW YORK INC leans on a few funders — its largest provides 59% of grant income and the top three 76%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

29% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund THE SAILING FOUNDATION OF NEW YORK INC.

59%
largest funder
76%
top three
~3
effective funders

Largest funder’s share by year: 2018 66% · 2019 45% · 2020 100% · 2021 67% · 2022 58% · 2023 63% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

22% of THE SAILING FOUNDATION OF NEW YORK INC's funders are still giving 3 years after their first grant; 31% give in more than one year at all.

first grant+1y+2y+3y+4y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

THE SAILING FOUNDATION OF NEW YORK INC draws 97% of its grant income from funders outside Florida, across 9 states in all.

IL
MI
NY
MA
NJ
RI
CA
NE
FL

In-state vs out-of-state, by year

’18
’19
’20
’21
’22
’23
Florida out of state home

Funder states come from each funder’s own filing. $644k arriving through sponsors registered in 5 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

THE SAILING FOUNDATION OF NEW YORK INC is better cushioned than half of the 15,520 recreation & sports nonprofits its size.

Operating margin−76% · bottom quartile
Months of reserve6.7mo · above the median
Revenue growth (annualized)15% · above the median

this organization peer median middle 50% of peers· 15,520 recreation & sports nonprofits $100k–$1M, FY2024

Organizations like THE SAILING FOUNDATION OF NEW YORK INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Florida

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

98% of spending goes to programs.

Program 98%Management 2%Fundraising 0%

Governance

8
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990✓Audited financials

Public support

98%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

NY

Screen this organization

A dated, signed PDF of the compliance screen for THE SAILING FOUNDATION OF NEW YORK INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds THE SAILING FOUNDATION OF NEW YORK INC?
THE SAILING FOUNDATION OF NEW YORK INC (Florida) receives grants from 29 organizations whose IRS filings report $3,154,000 to it, the largest being JAMES M SCHOONMAKER II FOUNDATION ($1,865,000). 9 of them have funded it in more than one year.
How many funders does THE SAILING FOUNDATION OF NEW YORK INC have?
IRS filings report 29 organizations giving $3,154,000 in grants to THE SAILING FOUNDATION OF NEW YORK INC, 9 of which have funded it in more than one year.
Who is the largest funder of THE SAILING FOUNDATION OF NEW YORK INC?
JAMES M SCHOONMAKER II FOUNDATION is the largest funder on record, with $1,865,000 in grants. The full list of funders is on this page.
How can an organization like THE SAILING FOUNDATION OF NEW YORK INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Florida. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Sailing Foundation of New York →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 29 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing