2025-04-28T17:23:15-07:00 2024-12-31 990EZ 2024-01-01 475584910 SARATOGA LAKE SAILING FOUNDATION INCORPORATED SARA 5189286187 163 MANNING COVE ROAD MALTA NY 12020 Mark Welcome President 5189286187 2025-04-28 1 2024 2025-03-06 01:10:19Z X WWW.SAILSARATOGAFOUNDATION.ORG X X 1589 X 44 0 0 0 0 0 0 0 0 0 0 1545 0 1545 0 1589 0 0 0 800 0 0 2150 2950 -1361 114803 -3550 109892 X 73398 71637 0 0 41405 38255 114803 109892 0 0 114803 109892 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 1 0 0 0 DREW WELCOME TREASURER 1 0 0 0 PETER HUDSON SECRETARY 1 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 5183212905 0 0 0 0 0 0 0 0 X 0 0 1 0 NONE NONE 1 X 23358 12805 1083 1044 44 38334 19415 26100 25850 6600 1545 79510 42773 38905 26933 7644 1589 117844 117844 42773 38905 26933 7644 1589 117844 1 1 0 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Form 990-EZ, Part I, Line 16 Description;Amount^US Sailing Reimbursements;1130|Level 1 Instructor Reimbursements;920|NYS Charities Beareau 2022 Payment;50|NYS Charities Beareau 2023 Payment;50^Total;2150^ Form 990-EZ, Part I, Line 20 Disposal of boats used for the foundation. Form 990-EZ, Part II, Line 24 Form 990-EZ, Part II, Line 24 - THE SARATOGA LAKE SAILING FOUNDATION HAS A FLEET OF BOATS AND EQUIPMENT THAT WERE PURCHASED OR DONATED TO THE FOUNDATION AND IN USE BY THE SARATOGA LAKE SAILING CLUB PROGRAM Form 990-EZ, Part VI, Line 49 THE SARATOGA LAKE SAILING FOUNDATION, AS STATED IN THE MISSION STATEMENT 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 AND SUPPLIES, FOR SAILING CAMPS IN THE SARATOGA REIGON THAT CANNOT OTHERWISE AFFORD THEM WITHOUT SUBSTANTIALLY RAISING CAMP FEES. THE SARATOGA LAKE SAILING FOUNDATION ALSO LOANS ITS BOATS TO THE SARATOGA LAKE SAILING CLUB FOR USE IN THEIR TRAINING PROGRAMS.