2025-11-13T14:40:13-06:00 2024-12-31 381357951 PLANTE & MORAN PLLC 8181 E TUFTS AVENUE SUITE 600 DENVER CO 802372579 990 2024-01-01 260721366 GRAND LAKE YACHT CLUB SAILING FOUNDATION GRAN 3032494339 PO BOX 624 GRANBY CO 80446 JEFF ELDRIDGE BOARD PRESIDENT 3032494339 2025-11-13 0 0 DORI J EGGETT P00645252 3037409400 2024 2025-03-06 01:10:19Z JEFF ELDRIDGE PO BOX 624 GRANBY CO 80446 1640854 0 X WWW.GLYCSAILINGFOUNDATION.ORG X 1991 CO TO PROMOTE AMATEUR SAILING, INCLUDING SAILING EDUCATION, COMPETITION, AND WATER SAFETY. 10 10 16 10 0 0 44427 1535898 0 104878 88 78 1200 0 45715 1640854 0 0 0 0 0 63239 0 0 627 30815 87487 30815 150726 14900 1490128 146439 1635618 2869 250 143570 1635368 X GRAND LAKE YACHT CLUB SAILING FOUNDATION IS A CHARITABLE NONPROFIT ORGANIZATION DEDICATED TO PROMOTING AMATEUR SAILING EDUCATION AND COMPETITION. DURING 2024, THE FOUNDATION SUPPORTED A VARIETY OF SAILING PROGRAMS FOR YOUTH AND ADULTS, PROVIDED SCHOLARSHIPS TO UNDERPRIVILEGED PARTICIPANTS, CONDUCTED SAILING SEMINARS AND COACHING 1 0 143051 104878 THE FOUNDATION'S CORE PROGRAM IS ITS SAILING SCHOOL, WHICH IN 2024 OFFERED FIVE WEEKS OF INSTRUCTION FOR YOUTH AGES 9 TO 17. EACH WEEK SERVED APPROXIMATELY 50 STUDENTS. THE FOUNDATION ALSO PARTNERED WITH THE NATIONAL CENTER FOR THE SPORTS DISABLED TO PROVIDE ADAPTIVE SAILING INSTRUCTION EACH WEEK.PROGRAMS WERE CONDUCTED AT GRAND LAKE AND THROUGH ONLINE EDUCATIONAL SEMINARS, LED BY CERTIFIED SAILING COACHES AND EXPERIENCED SAILING PROFESSIONALS. FINANCIAL SUPPORT WAS OBTAINED THROUGH DONATIONS AND FUNDRAISING EVENTS. APPROXIMATELY 97% OF TOTAL EXPENDITURES WERE DEDICATED TO DIRECT PROGRAM SERVICES AND FACILITY IMPROVEMENTS TO MAINTAIN SAFETY AND INSTRUCTIONAL QUALITY. THE REMAINING FUNDS SUPPORTED ESSENTIAL ADMINISTRATIVE AND OUTREACH FUNCTIONS.BY PROVIDING ACCESS TO SAILING EDUCATION AND PROMOTING AMATEUR SAILING PARTICIPATION, THE FOUNDATION ADVANCES ITS CHARITABLE PURPOSE OF EXPANDING PUBLIC ACCESS TO THE SPORT AND FOSTERING SKILL DEVELOPMENT. OVERSIGHT BY THE BOARD OF DIRECTORS ENSURES COMPLIANCE WITH IRS REGULATIONS AND ADHERENCE TO THE FOUNDATION'S MISSION. 143051 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 16 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X JEFF ELDRIDGE 9708879307 807 COUNTY ROAD 4052 GRANBY CO 80446 X CATHERINE AUSTIN PRESIDENT 10.00 X X 0 0 0 JEFF ELDRIDGE VICE PRESIDENT 5.00 X X 0 0 0 ANDREA COX SECRETARY 5.00 X X 0 0 0 JUSTIN FERRI TREASURER 5.00 X X 0 0 0 ANNE WINIG BOARD 1.00 X 0 0 0 GRAVELY WILSON BOARD 1.00 X 0 0 0 THOMAS COULTHURST BOARD 1.00 X 0 0 0 LAURIE POULTER EXECUTIVE BOARD 1.00 X 0 0 0 SEAN WATERS EXECUTIVE BOARD 25.00 X 0 0 0 BROOKE BORGEN BOARD 1.00 X 0 0 0 0 0 0 0 0 0 0 0 1535898 1535898 SAILING SCHOOL 611600 99878 99878 EQUIPMENT RENTAL 611600 5000 5000 104878 78 78 1640854 104878 0 78 57033 57033 6206 6206 5313 5313 4283 3893 390 1835 1583 252 26871 26871 GROUND LEASE AND MAINTE 23510 23510 EQUIPMENT AND BOAT EXPE 16868 16868 ADAPTIVE SAILING 3650 3650 BANK FEES AND PERMITS 2964 1871 1093 2193 1566 627 150726 143051 7048 627 93358 25931 407593 122906 53081 284687 1325000 146439 1635618 2869 250 2869 250 X 143570 1635368 143570 1635368 146439 1635618 1490128 1670 0 X 0 0 0 X 2249 1075 51502 43868 35898 134592 104878 104878 2249 1075 51502 43868 140776 239470 0 0 0 239470 12 11 67 78 168 12 11 67 78 168 2261 1086 51569 43868 140854 239638 0.99930 0.99910 0.00070 0.00090 X SCHEDULE A, PART VI, LIST OF UNUSUAL GRANTS: DESCRIPTION: ESTATE GIFT DATE: 01/09/24 AMOUNT: 1500000. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 407593 122906 284687 284687 FORM 990, PART III, LINE 2 IN 2024, THE FOUNDATION ASSUMED CONTROL OF OUR SAILING SCHOOL PROGRAM FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE PRELIMINARY FORM 990 IS EMAILED TO ALL BOARD MEMBERS FOR REVIEW AND COMMENTS PRIOR TO FILING. COMMENTS ARE TAKEN INTO CONSIDERATION AND ADJUSTMENTS ARE MADE IF APPLICABLE. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ATTEST ANNUALLY ANY INTERST THAT COULD GIVE RISE TO CONFLICTS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE MEMBERSHIP ON THE CLUB WEBSITE AND UPON REQUEST.