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        <BusinessNameLine1Txt>FREDETTE SANKOWSKI &amp; COMPANY</BusinessNameLine1Txt>
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        <AddressLine1Txt>25 WALTON ST</AddressLine1Txt>
        <CityNm>SARATOGA SPRINGS</CityNm>
        <StateAbbreviationCd>NY</StateAbbreviationCd>
        <ZIPCd>128662013</ZIPCd>
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        <BusinessNameLine2Txt>FOUNDATION INCORPORATED</BusinessNameLine2Txt>
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      <PhoneNum>5189286187</PhoneNum>
      <USAddress>
        <AddressLine1Txt>163 MANNING ROAD</AddressLine1Txt>
        <CityNm>MALTA</CityNm>
        <StateAbbreviationCd>NY</StateAbbreviationCd>
        <ZIPCd>12020</ZIPCd>
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      <PersonNm>GREGORY TKAL</PersonNm>
      <PersonTitleTxt>TREASURER</PersonTitleTxt>
      <PhoneNum>5189286187</PhoneNum>
      <SignatureDt>2021-11-15</SignatureDt>
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        <PersonLastNm>TKAL</PersonLastNm>
      </PersonFullName>
      <SSN>999009999</SSN>
    </SigningOfficerGrp>
    <PreparerPersonGrp>
      <PreparerPersonNm>JILLIAN M WOODCOCK</PreparerPersonNm>
      <PTIN>P01342963</PTIN>
      <PhoneNum>5185834166</PhoneNum>
      <PreparationDt>2021-11-15</PreparationDt>
    </PreparerPersonGrp>
    <TaxYr>2020</TaxYr>
    <BuildTS>2022-09-23 18:48:47Z</BuildTS>
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      <TypeOfOrganizationCorpInd>X</TypeOfOrganizationCorpInd>
      <GrossReceiptsAmt>42773</GrossReceiptsAmt>
      <InfoInScheduleOPartIInd>X</InfoInScheduleOPartIInd>
      <ContributionsGiftsGrantsEtcAmt>23358</ContributionsGiftsGrantsEtcAmt>
      <GrossSalesOfInventoryAmt>19415</GrossSalesOfInventoryAmt>
      <GrossProfitLossSlsOfInvntryAmt>19415</GrossProfitLossSlsOfInvntryAmt>
      <TotalRevenueAmt>42773</TotalRevenueAmt>
      <GrantsAndSimilarAmountsPaidAmt>10500</GrantsAndSimilarAmountsPaidAmt>
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      <OccupancyRentUtltsAndMaintAmt>1050</OccupancyRentUtltsAndMaintAmt>
      <PrintingPublicationsPostageAmt>25</PrintingPublicationsPostageAmt>
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      <TotalExpensesAmt>12290</TotalExpensesAmt>
      <ExcessOrDeficitForYearAmt>30483</ExcessOrDeficitForYearAmt>
      <NetAssetsOrFundBalancesBOYAmt>27567</NetAssetsOrFundBalancesBOYAmt>
      <NetAssetsOrFundBalancesEOYAmt>58050</NetAssetsOrFundBalancesEOYAmt>
      <InfoInScheduleOPartIIInd>X</InfoInScheduleOPartIIInd>
      <CashSavingsAndInvestmentsGrp>
        <BOYAmt>8567</BOYAmt>
        <EOYAmt>32650</EOYAmt>
      </CashSavingsAndInvestmentsGrp>
      <OtherAssetsTotalDetail>
        <BOYAmt>19000</BOYAmt>
        <EOYAmt>25400</EOYAmt>
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      <Form990TotalAssetsGrp>
        <BOYAmt>27567</BOYAmt>
        <EOYAmt>58050</EOYAmt>
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        <BOYAmt>27567</BOYAmt>
        <EOYAmt>58050</EOYAmt>
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      <InfoInScheduleOPartIIIInd>X</InfoInScheduleOPartIIIInd>
      <PrimaryExemptPurposeTxt>THE MISSION OF THE CORPORATION SHALL BE: OFFERING FINANCIAL SUPPORT TO ORGANIZATIONS AND ACTIVITIES WHICH EDUCATE AMATEUR YOUTH AND ADULTS IN THE SPORT OF SAILING. DEVELOP, PROMOTE AND ADVANCE THE SPORTS OF RECREATIONAL AND COMPETITIVE SAILING IN AND AROUND SARATOGA LAKE NY REGION.</PrimaryExemptPurposeTxt>
      <ProgramSrvcAccomplishmentGrp>
        <DescriptionProgramSrvcAccomTxt>THIS YEAR A LARGE MONETARY GRANT WAS GIVEN TO SARATOGA LAKE SAILING CLUB TO UPGRADE A NEW FLEET OF NEW SAILBOATS FOR THEIR YOUTH SAILING PROGRAM. THE SAILING PROGRAM SERVES OVER 140 KIDS EVERY SUMMER AS WELL AS CLOSE TO 50 ADULT STUDENTS PER YEAR. THIS YEAR THE SARATOGA LAKE SAILING FOUNDATION ALSO PURCHASED SAILBOATS TO BE USED IN SAILING TRAINING PROGARMS IN CONJUNCTION WITH THE SKIDMORE COLLEGE SAILING CLUB.</DescriptionProgramSrvcAccomTxt>
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        <ProgramServiceExpensesAmt>8500</ProgramServiceExpensesAmt>
      </ProgramSrvcAccomplishmentGrp>
      <ProgramSrvcAccomplishmentGrp>
        <DescriptionProgramSrvcAccomTxt>PURCHASE OF STAND UP PADDLE BOARDS FOR SARATOGA LAKE SAILING SCHOOL PROGRAM TO PROMOTE BEING ON THE WATER WHILE BEING SOCIALLY DISTANT. THIS YEAR THE PROGRAM BENEFITED 144 YOUTH SAILORS IN THE REDUCED, SOCIALLY DISTANCED, SAILING PROGRAM.</DescriptionProgramSrvcAccomTxt>
        <GrantsAndAllocationsAmt>2000</GrantsAndAllocationsAmt>
        <ProgramServiceExpensesAmt>2000</ProgramServiceExpensesAmt>
      </ProgramSrvcAccomplishmentGrp>
      <TotalProgramServiceExpensesAmt>10500</TotalProgramServiceExpensesAmt>
      <OfficerDirectorTrusteeEmplGrp>
        <PersonNm referenceDocumentId="RetDoc2">MARK WELCOME</PersonNm>
        <TitleTxt>PRESIDENT</TitleTxt>
        <AverageHrsPerWkDevotedToPosRt>2.00</AverageHrsPerWkDevotedToPosRt>
        <CompensationAmt>0</CompensationAmt>
      </OfficerDirectorTrusteeEmplGrp>
      <OfficerDirectorTrusteeEmplGrp>
        <PersonNm referenceDocumentId="RetDoc2">GREGORY TKAL</PersonNm>
        <TitleTxt>TREASURER</TitleTxt>
        <AverageHrsPerWkDevotedToPosRt>2.00</AverageHrsPerWkDevotedToPosRt>
        <CompensationAmt>0</CompensationAmt>
      </OfficerDirectorTrusteeEmplGrp>
      <OfficerDirectorTrusteeEmplGrp>
        <PersonNm referenceDocumentId="RetDoc2">PETER HUDSON</PersonNm>
        <TitleTxt>SECRETARY</TitleTxt>
        <AverageHrsPerWkDevotedToPosRt>2.00</AverageHrsPerWkDevotedToPosRt>
        <CompensationAmt>0</CompensationAmt>
      </OfficerDirectorTrusteeEmplGrp>
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      <ChgMadeToOrgnzngDocNotRptInd>false</ChgMadeToOrgnzngDocNotRptInd>
      <OrganizationHadUBIInd>false</OrganizationHadUBIInd>
      <SubjectToProxyTaxInd>false</SubjectToProxyTaxInd>
      <OrganizationDissolvedEtcInd>false</OrganizationDissolvedEtcInd>
      <Form1120PolFiledInd>false</Form1120PolFiledInd>
      <MadeLoansToFromOfficersInd>false</MadeLoansToFromOfficersInd>
      <EngagedInExcessBenefitTransInd>false</EngagedInExcessBenefitTransInd>
      <ProhibitedTaxShelterTransInd>false</ProhibitedTaxShelterTransInd>
      <BooksInCareOfDetail>
        <PersonNm>GEORGE TKAL</PersonNm>
        <USAddress>
          <AddressLine1Txt>163 MANNING RD</AddressLine1Txt>
          <CityNm>MALTA</CityNm>
          <StateAbbreviationCd>NY</StateAbbreviationCd>
          <ZIPCd>12020</ZIPCd>
        </USAddress>
        <PhoneNum>5189286187</PhoneNum>
      </BooksInCareOfDetail>
      <ForeignFinancialAccountInd>false</ForeignFinancialAccountInd>
      <ForeignOfficeInd>false</ForeignOfficeInd>
      <DonorAdvisedFndsInd>false</DonorAdvisedFndsInd>
      <OperateHospitalInd>false</OperateHospitalInd>
      <TanningServicesProvidedInd>false</TanningServicesProvidedInd>
      <RelatedOrganizationCtrlEntInd>false</RelatedOrganizationCtrlEntInd>
      <TransactionWithControlEntInd>false</TransactionWithControlEntInd>
      <PoliticalCampaignActyInd>false</PoliticalCampaignActyInd>
      <InfoInScheduleOPartVIInd>X</InfoInScheduleOPartVIInd>
      <LobbyingActivitiesInd>false</LobbyingActivitiesInd>
      <SchoolOperatingInd>false</SchoolOperatingInd>
      <TrnsfrExmptNonChrtblRltdOrgInd>true</TrnsfrExmptNonChrtblRltdOrgInd>
      <RelatedOrgSect527OrgInd>false</RelatedOrgSect527OrgInd>
      <PartVIOfCompOfHghstPdEmplTxt>NONE</PartVIOfCompOfHghstPdEmplTxt>
      <PartVIHghstPdCntrctProfSrvcTxt>NONE</PartVIHghstPdCntrctProfSrvcTxt>
      <FiledScheduleAInd>true</FiledScheduleAInd>
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        <CurrentTaxYearMinus3YearsAmt>13590</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>14549</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>31808</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>23358</CurrentTaxYearAmt>
        <TotalAmt>91955</TotalAmt>
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      <GrossReceiptsNonUnrltBusGrp>
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        <CurrentTaxYearMinus1YearAmt>1550</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>19415</CurrentTaxYearAmt>
        <TotalAmt>23765</TotalAmt>
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        <CurrentTaxYearMinus4YearsAmt>8900</CurrentTaxYearMinus4YearsAmt>
        <CurrentTaxYearMinus3YearsAmt>13590</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>17099</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>33358</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>42773</CurrentTaxYearAmt>
        <TotalAmt>115720</TotalAmt>
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      <PublicSupportTotal509Amt>115720</PublicSupportTotal509Amt>
      <TotalSupportCalendarYearGrp>
        <CurrentTaxYearMinus4YearsAmt>8900</CurrentTaxYearMinus4YearsAmt>
        <CurrentTaxYearMinus3YearsAmt>13590</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>17099</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>33358</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>42773</CurrentTaxYearAmt>
        <TotalAmt>115720</TotalAmt>
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      <PublicSupportCY509Pct>1.00000</PublicSupportCY509Pct>
      <InvestmentIncomeCYPct>0.00000</InvestmentIncomeCYPct>
      <InvestmentIncomePYPct>0.00000</InvestmentIncomePYPct>
      <ThirtyThrPctSuprtTestsCY509Ind>X</ThirtyThrPctSuprtTestsCY509Ind>
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        <ContributorNum>RESTRICTED</ContributorNum>
        <ContributorBusinessName>
          <BusinessNameLine1>RESTRICTED</BusinessNameLine1>
        </ContributorBusinessName>
        <ContributorUSAddress>
          <AddressLine1>RESTRICTED</AddressLine1>
          <AddressLine2>RESTRICTED</AddressLine2>
          <City>RESTRICTED</City>
          <State>RESTRICTED</State>
          <ZIPCode>RESTRICTED</ZIPCode>
        </ContributorUSAddress>
        <TotalContributionsAmt>RESTRICTED</TotalContributionsAmt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990-EZ, PART I</FormAndLineReferenceDesc>
        <ExplanationTxt>LINE 10 - GRANT TO SARATOGA LAKE SAILING SCHOOL FOR RACING PROGRAM SAILBOATS.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990-EZ, PART I, LINE 10</FormAndLineReferenceDesc>
        <ExplanationTxt>CASH CONTRIBUTION: 8,500</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990-EZ, PART I, LINE 16</FormAndLineReferenceDesc>
        <ExplanationTxt>TRAVEL 115 TOTAL 115</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990-EZ, PART II</FormAndLineReferenceDesc>
        <ExplanationTxt>LINE 24 - DONATED BOATS FOR USE IN PROGRAMS AND/OR RESALE.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990-EZ, PART II, LINE 24</FormAndLineReferenceDesc>
        <ExplanationTxt>INVENTORY - DONATED BOATS 19,000 25,400 TOTAL 19,000 25,400</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990-EZ, PART III</FormAndLineReferenceDesc>
        <ExplanationTxt>THE MISSION OF THE CORPORATION SHALL BE: OFFERING FINANCIAL SUPPORT TO ORGANIZATIONS AND ACTIVITIES WHICH EDUCATE AMATEUR YOUTH AND ADULTS IN THE SPORT OF SAILING. DEVELOP, PROMOTE AND ADVANCE THE SPORTS OF RECREATIONAL AND COMPETITIVE SAILING IN AND AROUND SARATOGA LAKE NY REGION.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990-EZ, PART III, LINE 28</FormAndLineReferenceDesc>
        <ExplanationTxt>THIS YEAR A LARGE MONETARY GRANT WAS GIVEN TO SARATOGA LAKE SAILING CLUB TO UPGRADE A NEW FLEET OF NEW SAILBOATS FOR THEIR YOUTH SAILING PROGRAM. THE SAILING PROGRAM SERVES OVER 140 KIDS EVERY SUMMER AS WELL AS CLOSE TO 50 ADULT STUDENTS PER YEAR. THIS YEAR THE SARATOGA LAKE SAILING FOUNDATION ALSO PURCHASED SAILBOATS TO BE USED IN SAILING TRAINING PROGARMS IN CONJUNCTION WITH THE SKIDMORE COLLEGE SAILING CLUB.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990-EZ, PART III, LINE 29</FormAndLineReferenceDesc>
        <ExplanationTxt>PURCHASE OF STAND UP PADDLE BOARDS FOR SARATOGA LAKE SAILING SCHOOL PROGRAM TO PROMOTE BEING ON THE WATER WHILE BEING SOCIALLY DISTANT. THIS YEAR THE PROGRAM BENEFITED 144 YOUTH SAILORS IN THE REDUCED, SOCIALLY DISTANCED, SAILING PROGRAM.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990-EZ, PART VI</FormAndLineReferenceDesc>
        <ExplanationTxt>LINE 49 - LOAN OF BOATS TO THE SARATOGA LAKE SAILING CLUB FOR USE IN THE SAIL TRAINING PROGRAM.</ExplanationTxt>
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        <PersonNm>MARK WELCOME</PersonNm>
      </CompensationExplanationGrp>
      <CompensationExplanationGrp>
        <PersonNm>GREGORY TKAL</PersonNm>
      </CompensationExplanationGrp>
      <CompensationExplanationGrp>
        <PersonNm>PETER HUDSON</PersonNm>
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    </CompensationExplanation>
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