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    <ReturnTs>2019-07-17T16:02:40-07:00</ReturnTs>
    <TaxPeriodEndDt>2018-12-31</TaxPeriodEndDt>
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        <BusinessNameLine1Txt>Charles McDonough Accountancy Corp</BusinessNameLine1Txt>
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        <AddressLine1Txt>2355 Crenshaw Blvd 155</AddressLine1Txt>
        <CityNm>Torrance</CityNm>
        <StateAbbreviationCd>CA</StateAbbreviationCd>
        <ZIPCd>90501</ZIPCd>
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        <BusinessNameLine1Txt>LOS ANGELES SAILING FOUNDATION</BusinessNameLine1Txt>
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        <AddressLine1Txt>285 WHALERS WALK</AddressLine1Txt>
        <CityNm>SAN PEDRO</CityNm>
        <StateAbbreviationCd>CA</StateAbbreviationCd>
        <ZIPCd>90731</ZIPCd>
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      <PersonNm>MALCOLM D MCDUFFIE</PersonNm>
      <PersonTitleTxt>Treasurer</PersonTitleTxt>
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    <PreparerPersonGrp>
      <PreparerPersonNm>Gregory G Wilson CPA</PreparerPersonNm>
      <PTIN>P01381189</PTIN>
      <PhoneNum>3105409559</PhoneNum>
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    <TaxYr>2018</TaxYr>
    <BuildTS>2019-02-21 02:37:17Z</BuildTS>
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      <InvestmentIncomeAmt>140</InvestmentIncomeAmt>
      <SaleOfAssetsGrossAmt>6696</SaleOfAssetsGrossAmt>
      <CostOrOtherBasisExpenseSaleAmt>5180</CostOrOtherBasisExpenseSaleAmt>
      <GainOrLossFromSaleOfAssetsAmt>1516</GainOrLossFromSaleOfAssetsAmt>
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      <OtherExpensesTotalAmt>3124</OtherExpensesTotalAmt>
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      <ExcessOrDeficitForYearAmt>-20790</ExcessOrDeficitForYearAmt>
      <NetAssetsOrFundBalancesBOYAmt>68761</NetAssetsOrFundBalancesBOYAmt>
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      <PrimaryExemptPurposeTxt>OUR FOUNDATION HAS BEEN ESTABLISHED TO SUPPORT THE SPORT OF SAILING AND TO PROMOTE THE STEWARDSHIP OF THE MARINE ENVIRONMENT. WE REACH OUT TO YOUTH AND TO THOSE WHO WOULD NOT NORMALLY HAVE ACCESS TO SAILING AND MARINE EXPERIENCE BY OFFERING SAILING SCHOLARSHIPS, EDUCATION, AND BY SUPPORTING RELEVANT PROGRAMS AND ORGANIZATIONS.</PrimaryExemptPurposeTxt>
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        <DescriptionProgramSrvcAccomTxt>DURING 2018 THE LOS ANGELES SAILING FOUNDATION MADE GRANTS TO THE LOS ANGELES YACHT CLUB TO FUND THE PORT OF LOS ANGELES HARBOR CUP INTERCOLLEGIATE SAILING REGATTA WHICH IS HOSTED BY THE LOS ANGELES YACHT CLUB. THE HARBOR CUP IS A THREE DAY INTERCOLLEGIATE SAILING REGATTA INVOLVING 10 TEAMS AND UP TO 80 YOUNG MEN AND WOMAN FROM AROUND THE COUNTRY WHO ARE ABLE TO ENJOY THE EDUCATION AND CHARACTER BUILDING QUALITIES OF COMPETITIVE BIG BOAT SAILBOAT RACING.</DescriptionProgramSrvcAccomTxt>
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      <ProgramSrvcAccomplishmentGrp>
        <DescriptionProgramSrvcAccomTxt>DURING 2018 THE LOS ANGELES SAILING FOUNDATION AWARDED $1,480 IN SCHOLARSHIPS TO TWO YOUNG PEOPLE SO THAT THEY COULD TAKE SAILING TRAINING WITH THE EYE TOWARDS THEIR BECOMING SAILING INSTRUCTORS. THESE GRANTS WERE PAID TO LOS ANGELES YACHT CLUB TO COVER THE COSTS OF THE TWO BECOMING COMMUNITY SAILING MEMBERS.</DescriptionProgramSrvcAccomTxt>
        <ProgramServiceExpensesAmt>1480</ProgramServiceExpensesAmt>
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        <PersonNm>TERRY BROWN</PersonNm>
        <TitleTxt>Secretary</TitleTxt>
        <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
        <CompensationAmt>0</CompensationAmt>
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      <OfficerDirectorTrusteeEmplGrp>
        <PersonNm>BILL ROGERS</PersonNm>
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        <PersonNm>ERIC GRAY</PersonNm>
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        <PersonNm>MALCOLM D MCDUFFIE</PersonNm>
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        <PersonNm>MIKE SHOOK</PersonNm>
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      <OfficerDirectorTrusteeEmplGrp>
        <PersonNm>DAVID CALLOWAY</PersonNm>
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      <ForeignOfficeInd>false</ForeignOfficeInd>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Grants and Similar Amounts Paid In Excess of $5,000.4</FormAndLineReferenceDesc>
        <ExplanationTxt>Class of Activity: CHARITABLE &amp; EDUCATIONAL | Donee's Name: LOS ANGELES YACHT CLUB - PORT OF LA HARB | Donee's Address: 285 WHALERS WALK SAN PEDRO CA 90731 | Relationship of Donee: NONE | Cash Amount Given: $35930</ExplanationTxt>
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        <ExplanationTxt>Depreciation $2784</ExplanationTxt>
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        <FormAndLineReferenceDesc>Other Expenses.1</FormAndLineReferenceDesc>
        <ExplanationTxt>BANK SERVICE CHARGES $300</ExplanationTxt>
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        <FormAndLineReferenceDesc>Other Expenses.2</FormAndLineReferenceDesc>
        <ExplanationTxt>FILING FEE SEC OF STATE $25</ExplanationTxt>
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        <FormAndLineReferenceDesc>Other Expenses.3</FormAndLineReferenceDesc>
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