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        <BOYAmt>741430</BOYAmt>
        <EOYAmt>836918</EOYAmt>
      </TotLiabNetAssetsFundBalanceGrp>
      <InfoInScheduleOPartXIInd>X</InfoInScheduleOPartXIInd>
      <ReconcilationRevenueExpnssAmt>60215</ReconcilationRevenueExpnssAmt>
      <OtherChangesInNetAssetsAmt>35273</OtherChangesInNetAssetsAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AccountantCompileOrReviewInd>false</AccountantCompileOrReviewInd>
      <FSAuditedInd>false</FSAuditedInd>
      <FederalGrantAuditRequiredInd>false</FederalGrantAuditRequiredInd>
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        <CurrentTaxYearMinus2YearsAmt>20195</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>12957</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>32114</CurrentTaxYearAmt>
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      <TotalCalendarYear170Grp>
        <CurrentTaxYearMinus4YearsAmt>15880</CurrentTaxYearMinus4YearsAmt>
        <CurrentTaxYearMinus3YearsAmt>21542</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>20195</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>12957</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>32114</CurrentTaxYearAmt>
        <TotalAmt>102688</TotalAmt>
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      <SubstantialContributorsTotAmt>0</SubstantialContributorsTotAmt>
      <PublicSupportTotal170Amt>102688</PublicSupportTotal170Amt>
      <GrossInvestmentIncome170Grp>
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        <CurrentTaxYearMinus3YearsAmt>19080</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>19283</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>13000</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>18748</CurrentTaxYearAmt>
        <TotalAmt>88544</TotalAmt>
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      <UnrelatedBusinessNetIncm170Grp>
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        <Desc>MUTUAL FUNDS IN CHARLES SCHWAB ACCT</Desc>
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        <MethodValuationCd>F</MethodValuationCd>
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      <TotalBookValueSecuritiesAmt>787306</TotalBookValueSecuritiesAmt>
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      <GrantRecordsMaintainedInd>true</GrantRecordsMaintainedInd>
      <GrantsOtherAsstToIndivInUSGrp>
        <GrantTypeTxt>JUNIOR SCHOLARSHIPS PAID</GrantTypeTxt>
        <RecipientCnt>8</RecipientCnt>
        <CashGrantAmt>4850</CashGrantAmt>
      </GrantsOtherAsstToIndivInUSGrp>
      <GrantsOtherAsstToIndivInUSGrp>
        <GrantTypeTxt>JUNIOR RACE WEEK</GrantTypeTxt>
        <RecipientCnt>137</RecipientCnt>
        <CashGrantAmt>11000</CashGrantAmt>
      </GrantsOtherAsstToIndivInUSGrp>
      <GrantsOtherAsstToIndivInUSGrp>
        <GrantTypeTxt>COACHING GRANTS</GrantTypeTxt>
        <RecipientCnt>3</RecipientCnt>
        <CashGrantAmt>4100</CashGrantAmt>
      </GrantsOtherAsstToIndivInUSGrp>
      <GrantsOtherAsstToIndivInUSGrp>
        <GrantTypeTxt>CHALLENGE TEAM GRANTS</GrantTypeTxt>
        <RecipientCnt>6</RecipientCnt>
        <CashGrantAmt>1950</CashGrantAmt>
      </GrantsOtherAsstToIndivInUSGrp>
      <GrantsOtherAsstToIndivInUSGrp>
        <GrantTypeTxt>CHAMPIONSHIP GRANTS</GrantTypeTxt>
        <RecipientCnt>16</RecipientCnt>
        <CashGrantAmt>6450</CashGrantAmt>
      </GrantsOtherAsstToIndivInUSGrp>
      <GrantsOtherAsstToIndivInUSGrp>
        <GrantTypeTxt>TRAINING GRANTS</GrantTypeTxt>
        <RecipientCnt>12</RecipientCnt>
        <CashGrantAmt>1350</CashGrantAmt>
      </GrantsOtherAsstToIndivInUSGrp>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Pt I Line 2</FormAndLineReferenceDesc>
        <ExplanationTxt>GRANTS ARE ISSUED DIRECTLY TO THE SUPPORTING ORGANIZATION ON BEHALF OF THE INDIVIDUAL WHO IS PARTICIPATING IN THE EVENT RATHER THAN GIVING THE GRANT TO THE INDIVIDUAL.</ExplanationTxt>
      </SupplementalInformationDetail>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Other</FormAndLineReferenceDesc>
        <ExplanationTxt>Pt I, Line 1 THE MISSION OF THE FILER IS FOR THE EDUCATION OF YOUTHS IN THE SCIENCE OF NAVIGATION, BOATMANSHIP, SEAMANSHIP INCLUDING ALL ASPECTS OF SAFETY, AS WELL AS TRAINING FOR CANDIDATES AND THEIR CREW IN BOATING COMPETITION IN REGIONAL, INTERSECTIONAL, NATIONAL AND INTERNATIONAL COMPETITION IN ORDER TO AND FOR THE PURPOSE OF COMBATING JUVENILLE DELINQUENCY THROUGH THE ENGAGMENT AND PROMOTION OF SUPERVISED ACTIVITIES IN OPEN AND WHOLESOME SETTINGS, ALL IN CONCERT WITH SECTION 501(j), THE SPORTS ACT. FOR OPERATION AS A "QUALIFIED AMATEUR SPORTS ORGANIZATION" AS THAT TERM IS DEFINED AND USED IN AND UNDER SECTION 501(j) AND 501(c)(3) OF THE INTERNAL REVENUE CODE OF 1986 AS AMENDED (OR CORRESPONDING PROVISIONS OF ANY FUTURE UNITED STATES INTERNAL REVENUE LAW) TO SUPPORT AND DEVELOP AMATEUR ATHLETES OF ALL AGES FOR NATIONAL AND/OR INTERNATIONAL COMPETITION IN THE SPORT OF SAILING AND BOATING; FOR THE AIDING AND SUPPORTING OF THE FURTHER EDUCATION OF PERSONS THROUGH THE PAYING OF SCHOLARSHIPS OR TUITION DIRECTLY TO COLLEGES, UNIVERSITIES OR OTHER INSTITUTIONS PROVIDING EDUCATION BEYOND THE HIGH SCHOOL LEVEL; AND THE CREATION OF AN ENDOWMENT FUND BY GIFT, BEQUEST, DEVISE MEMBERSHIPS AND OTHERWISE, AND APPLYING SUCH PORTIONS OF SUCH FUNDS ONLY FOR THE PURPOSE AND MISSION SET FORTH ABOVE AND AS AUTHORIZED BY THE TRUSTEES OF THE FUNDS.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Pt VI, Line 11b</FormAndLineReferenceDesc>
        <ExplanationTxt>DISCUSSED AT TRUSTEE MEETING FOLLOWING THE FILING DATE</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Pt VI, Line 12c</FormAndLineReferenceDesc>
        <ExplanationTxt>QUESTIONS ARE DISCUSSED AND SIGNED EACH SPRING MEETING</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Pt VI, Line 1a</FormAndLineReferenceDesc>
        <ExplanationTxt>ALL MEMBERS (ESTIMATED AT 600) ARE VOTING MEMBERS BUT THEY HAVE DELEGATED BROAD AUTHORITY TO THE BOARD OF TEN TRUSTEES</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Pt XI</FormAndLineReferenceDesc>
        <ExplanationTxt>PART XI, LINE 9-RECOGNITION OF CURRENT YEAR UNREALIZED GAINS/LOSSES ON INVESTMENTS.</ExplanationTxt>
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</Return>
