2021-07-14T12:42:51-07:00 2020-12-31 952820500 Charles McDonough Accountancy Corp 2355 Crenshaw Blvd 155 Torrance CA 90501 990EZ 2020-01-01 263550483 LOS ANGELES SAILING FOUNDATION LOSA 3108311203 285 WHALERS WALK SAN PEDRO CA 90731 MALCOLM D MCDUFFIE Treasurer 2021-07-12 true MALCOLM D MCDUFFIE 999009999 Gregory G Wilson CPA P01381189 3105409559 2 AAL1 IAL1 FAL1 2020 2022-09-23 18:48:47Z X lasf@layc.org X X 32590 X 32580 10 0 0 0 0 32590 22480 2560 2133 27173 5417 102083 107500 X 61649 68848 40434 38652 102083 107500 102083 107500 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. DURING 2020 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.IN ADDITION THE LOS ANGELES SAILING FOUNDATION PAID $2,125 OF REGATTA EXPENSES DIRECTLY FROM A MATCHING DONATION FOR THE SPECTATOR BOAT. 1 22480 1 TERRANCE BROWN President 4.00 0 BILL ROGERS Director 1.00 0 JAMES MORGAN DIRECTOR 1.00 0 MALCOLM D MCDUFFIE Treasurer/Secre 4.00 0 MIKE SHOOK Director 1.00 0 DAVID CALLOWAY Director 1.00 0 SAGE MARIE DIRECTOR 0 0 false false false false false false false 0 0 0 false 0 0 false CA MALCOLM D MCDUFFIE 285 WHALERS WALK SAN PEDRO CA 90731 6268400074 false false false false false false false false false false false NONE NONE true X 33935 56000 18503 58494 32580 199512 0 0 33935 56000 18503 58494 32580 199512 0 199512 19 49 140 186 10 404 0 0 199916 0.99800 0.99800 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Grants and Similar Amounts Paid In Excess of $5,000.4 Class of Activity: CHARITABLE & 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: $22480 Other Expenses.1009 Depreciation $1782 Other Expenses.1 BANK SERVICE CHARGES $300 Other Expenses.2 CA SECRETARY OF STATE $26 Other Expenses.3 CA CHARITABLE TRUSTS FEE $25 Other Assets.1003 Machinery and Equipment - Beginning $10409 Machinery and Equipment - Ending $8627 Other Assets.1 COLLECTIBLES TROPHIES ETC - Beginning $30025 COLLECTIBLES TROPHIES ETC - Ending $30025