2023-11-09T13:38:10-07:00 2022-12-31 990EZ 2022-01-01 475584910 SARATOGA LAKE SAILING FOUNDATION INCORPORATED SARA 5189286187 163 MANNING COVE ROAD MALTA NY 12020 Mark Welcome President 5189286187 2023-11-09 1 1 11 1 AAL2 2022 2023-04-26 12:10:37Z X WWW.SAILSARATOGAFOUNDATION.ORG X X 26933 X 1083 0 0 0 0 0 0 0 0 0 0 25850 0 25850 0 26933 850 0 0 100 0 0 8887 9837 17096 86456 0 103552 X 53656 70752 0 0 32800 32800 86456 103552 0 0 86456 103552 THE ORGANIZATIONS PRIMARY EXEMPT PURPOSE IS TO OFFER FINANCIAL SUPPORT TO ORGANIZATONS AND ACTIVITIES WHICH EDUCATE AMETEUR YOUTH AND ADULTS IN THE SPORT OF SAILING. IN ADDITION, THE ORGANIZATION AIMS TO DEVELOP, PROMOTE, AND ADVANCE THE SPORTS OF RECREATIONAL AND COMPETITIVE SAILIG IN AND AROUND THE SARATOGA LAKE, NY REIGON. THE SAILING PROGRAM SERVES OVER 150 KIDS AND 50 ADULT STUDENTS EACH SUMMER. 0 0 0 MARK WELCOME PRESIDENT 2 0 0 0 DREW WELCOME CO-TREASURER 2 0 0 0 GREG TKAL CO-TREASURER 2 0 0 0 PETER HUDSON SECRETARY 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 NY DREW WELCOME 163 MANNING COVE ROAD MALTA NY 12020 5193212905 0 0 0 0 0 0 0 0 X 0 0 1 0 NONE NONE 1 X 14549 31808 23358 12805 1083 83603 2550 1550 19415 26100 25850 75465 17099 33358 42773 38905 26933 159068 159068 17099 33358 42773 38905 26933 159068 1 1 0 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Form 990-EZ, Part I, Line 10 Reimbursement for Instructor Certification - Richard Castle and Charlotte Osborne. Form 990-EZ, Part I, Line 16 Description;Amount^Bob Guay Fees for transportation of Nimble 24;800|FJ Racing Sales;6813|Additional Parts for Foundation Boats;1087|Gas for Transportation to Race Events;187^Total;8887^ Form 990-EZ, Part II, Line 24 The assets held by the Saratoga Lake Sailing Foundation consist of boats for use in the Saratoga Lake Sailing Club program. Form 990-EZ, Part VI, Line 49 THE SARATOGA LAKE SAILING FOUNDATION, AS STATED IN THE MISSION STATMENT OF THE FOUNDATION, AFFILIATES WITH THE SARATOGA LAKE SAILING CLUB INC. AND THE SARATOGA SAILING SCHOOL, DIRECTLY OR WITH ANY SUCCESSOR ORGANIZATION TO HELP PROVIDE SCHOLARSHIPS TO YOUTH SAILORS WHO CAN NO LONGER AFFORD SUMMER SAILING CAMPS DUE TO PERSONAL OR FAMILY SITUATIONS. IN ADDITION, THE FOUNDATION FUNDS THE PURCHASE OF NEW SAILING EQUIPMENT, INCLUDING BOATS, FOR SAILING CAMPS IN THE SARATOGA REIGON THAT CANNOT OTHERWISE AFFORD THEM WITHOUT SUBSTANTIALLY RAISING CAMP FEES. THE SARATOGA LAKE SAILING FOUNDATON ALSO LOANS ITS BOATS TOTHE SARATOGA LAKE SAILING CLUB FOR USE IN THEIR TRAINING PROGRAM'S.