2026-03-13T11:48:20-05:00 2024-12-31 050409384 KAHN LITWIN RENZA & CO LTD 951 NORTH MAIN STREET PROVIDENCE RI 02904 990 2024-01-01 131671529 UNITED STATES SAILING ASSOCIATION INC UNIT 4013427900 1 ROGER WILLIAMS UNIVERSITY WAY BRISTOL RI 02809 MONIKA MILLER CURRENT CFO 4013427900 2026-03-13 1 1 PATRICK J MARTIN P00283486 4012742001 2026-03-12 2024 2025-03-06 01:10:19Z X MONIKA MILLER 1 ROGER WILLIAMS UNIVERSITY WAY BRISTOL RI 02809 10641440 0 X WWW.USSAILING.ORG/ X 1897 NY INCREASE SAILING PARTICIPATION AND EXCELLENCE THROUGH EDUCATION, COMPETITION AND EQUAL OPPORTUNITY, WHILE UPHOLDING THE PRINCIPLES OF FAIR PLAY, SPORTSMANSHIP AND SAFETY. 12 12 65 519 0 0 6927388 3385799 5170913 5832774 263182 201520 549753 576921 12911236 9997014 560110 482502 0 0 5248552 5131486 0 0 250529 6029751 6671463 11838413 12285451 1072823 -2288437 15120841 3618476 9359742 4942664 5761099 -1324188 THE ORGANIZATIONS MISSION IS TO INCREASE SAILING PARTICIPATION AND EXCELLENCE THROUGH EDUCATION, COMPETITION, AND EQUAL OPPORTUNITY WHILE UPHOLDING THE PRINCIPLES OF FAIR PLAY, SPORTSMANSHIP, AND SAFETY. 0 0 5075050 420000 1474230 THE OLYMPIC PROGRAM PROVIDES TRAINING AND SUPPORT OF THE TEAMS AND INDIVIDUALS PREPARING FOR OLYMPIC COMPETITIONS. SUPPORT INCLUDES COACHING, HEALTH AND NUTRITION, PHYSICAL AND PSYCHOLOGICAL STRENGTHENING, LOGISTICS, AND WEATHER FORECASTING SUPPORT. DURING THE SUMMER OF 2024 THE OLYMPICS WERE HELD IN FRANCE, WITH THE SAILING COMPETITIONS OCCURRING IN MARSEILLES. THE US SAILING TEAM CONSISTED OF 13 ATHLETES. 1580753 58503 2627975 THE YOUTH PROGRAMS PROVIDES YOUTH TRAINING AND CERTIFICATION OF INSTRUCTORS FOR BEGINNING INTERMEDIATE AND ADVANCED SAILING CLASSES PROVIDED THROUGHOUT THE US. FOR LEARN-TO-SAIL PROGRAMS AND SMALL BOAT PROGRAMS WITH A GOAL OF PROMOTING PARTICIPATION IN BOATING AND ON-WATER ACTIVITIES. THESE SERVICES ARE ALSO CONDUCTED IN ASSOCIATION WITH VARIOUS INTERNATIONAL SAIL TRAINING ORGANIZATIONS. ALSO CONDUCTS AND MANAGES UNITED STATES SAILING CHAMPIONSHIP EVENTS TO DETERMINE NATIONAL CHAMPIONS IN SUCH AREAS AS YOUTH MULTIHULL CHAMPIONSHIP AND JUNIOR OLYMPIC EVENTS ARE CONDUCTED ALL ACROSS THE COUNTRY TO ENCOURAGE THOSE WHO ARE CONSIDERING OLYMPIC CAMPAIGNS. 1663951 4000 2307490 THE EDUCATION DEVELOPS PRODUCTS AND PROGRAMS THAT SUPPORT THE VARIOUS CONSTITUENT SECTIONS OF US SAILING (YOUTH, ADULT, AND RACE ADMINISTRATION). ADDITIONALLY RESPONSIBLE FOR SCHEDULING OF EDUCATIONAL COURSES AND SEMINARS, RESPONSIBLE FOR MANAGING THE ORGANIZATIONAL RELATIONSHIPS WITH THE US COAST GUARD, NATIONAL ASSOCIATION OF STATE BOATING ADMINISTRATORS (NASBLA) ,AND NATIONAL SAFE BOATING COUNCIL. 8319754 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 1 0 0 0 0 1 0 0 0 1 196 0 1 65 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 RI NH CT OR NY CO MI CA FL MA MD IL ME MS NJ OH VA X X X MONIKA MILLER 4013427926 1 ROGER WILLIAMS UNIVERSITY WAY BRISTOL RI 02809 BOB KOTTLER DIRECTOR (AS OF 11/24) 5.00 X 0 0 0 BRIAN KEANE DIRECTOR/ FOUNDATION PRESIDENT (AS OF 2/24) 10.00 5.00 X 0 0 0 CHARLIE ARMS SECRETARY/DIRECTOR (TO 11/24) 10.00 X X 0 0 0 CHRIS BARNARD DIRECTOR (AS OF 12/24) 1.00 X 0 0 0 HENRY BRAUER PRESIDENT (AS OF 11/24) 25.00 5.00 X X 0 0 0 JOHN SCHOENDORF TREASURER/DIRECTOR 25.00 X X 0 0 0 JUDGE RYAN DIRECTOR (TO 11/24) 5.00 X 0 0 0 LAURA GRONDIN VICE PRESIDENT (AS OF 11/24) 10.00 X X 0 0 0 LUKE MULLER DIRECTOR (AS OF 12/24) 5.00 X 0 0 0 MAGGIE SHEA DIRECTOR (TO 11/24) 5.00 X 0 0 0 MARIE ROGERS VICE PRESIDENT/DIRECTOR (TO 11/24) 5.00 X X 0 0 0 MATT GALLAGHER SECRETARY/DIRECTOR (AS OF 11/24) 10.00 X X 0 0 0 MIKE VAN DYKE DIRECTOR (AS OF 11/24) 5.00 X 0 0 0 PAMELA HEALY DIRECTOR 10.00 X 0 0 0 RICHARD JEPSEN PRESIDENT/DIRECTOR (TO 11/24) 10.00 X X 0 0 0 SARAH LIHAN DIRECTOR 25.00 X 0 0 0 SHEILA TOLLE DIRECTOR 5.00 X 0 0 0 STAN HONEY DIRECTOR 5.00 X 0 0 0 WILLIAM RUH DIRECTOR-FOUNDATION PRESIDENT (TO 2/24) 5.00 10.00 X 0 0 0 ALAN OSTFIELD CHIEF EXECUTIVE OFFICER 34.50 3.00 X 319454 0 26952 HEATHER MONOSON CHIEF FINANCIAL OFFICER (TO 3/24) 34.50 3.00 X 75375 0 3965 ANDREW CLOUSTON SVP PROGRAM & SERVICES 37.50 X 169419 0 9524 BLAINE PEDLOW SVP DEVELOPMENT 37.50 X 159362 0 9301 ERIC KRASNOO SVP MEMBERSHIP 37.50 X 188054 0 18764 RENEE WETTERLAND HEAD OF HR/OPERATIONS 37.50 X 111073 0 7623 SALLY BARKOW OLYMPIC TEAM COACH 37.50 X 124746 0 22620 1147483 0 98749 6 0 1 0 MARCUS LYNCH 2 QUEENS ROAD WARSASH HAMPSHIRE UK SO319JY OLYMPIC SAILING DIRECTOR 173077 1 26753 3359046 814394 3385799 ADULT PROGRAMS 711300 2769535 2769535 YOUTH PROGRAMS 711300 1442336 1442336 OLYMPIC PROGRAM 711300 1142534 1142534 OFFSHORE RACE SUPPORT 711300 459924 459924 OTHER EDUCATION SERVIC 711300 18445 18445 5832774 18018 18018 592731 376737 32492 215994 -32492 183502 183502 683292 235197 448095 448095 MISCELLANEOUS INCOME 711300 128826 128826 128826 9997014 6409695 0 201520 X 35000 35000 447502 447502 430003 76634 276735 76634 3892237 2859389 892227 140621 161786 121191 38148 2447 299468 217305 75628 6535 347992 237786 87808 22398 137044 48305 88739 64651 64651 1957296 1728033 229198 65 128525 46519 82006 1370650 114120 1255016 1514 237719 135700 102019 298007 214744 83263 1246909 1143201 103708 5877 2647 3230 149175 68293 80882 224190 104253 119622 315 REGISTRATION AND EVENT 453731 350444 103287 LOGISTICS 246427 242003 4424 CERTIFICATES 88680 88680 EQUIPMENT 62582 38005 24577 12285451 8319754 3715168 250529 X 1206160 597145 10319753 289624 343748 166888 262908 3661884 3298473 562032 363411 1025280 420234 1551104 1631030 15120841 3618476 6563157 1386717 1703543 1884881 400000 312011 1093042 959055 9359742 4942664 X 5332178 -1854160 428921 529972 5761099 -1324188 15120841 3618476 -2288437 -183787 -4613063 0 X X 0 1 X 1 0 X 4358051 4634332 7182723 6927388 3385799 26488293 5427567 6596950 7829231 5780416 6516066 32150230 9785618 11231282 15011954 12707804 9901865 58638523 135000 25000 25000 5000 117517 307517 0 135000 25000 25000 5000 117517 307517 58331006 13738 59569 29804 52878 18018 174007 13738 59569 29804 52878 18018 174007 80928 16023 10002 114247 90280 311480 9880284 11306874 15051760 12874929 10010163 59124010 0.98660 0.98710 0.00290 0.00360 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 351083 22614 121697 252000 340648 23727 13292 351083 435764 -85072 10044 340648 382753 31000 22011 435764 346302 36451 382753 0.27735 0.72265 0.00000 1 0 31250 22396 8854 1041104 870617 170487 2589530 2405460 184070 363411 OTHER ASSETS 308497 OPERATING LEASES 1322533 1631030 OPERATING LEASES 959055 959055 X PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM INCOME TAXES AS A PUBLIC CHARITY UNDER SECTION 501(C)(3) OF THE IRS. MANAGEMENT BELIEVES THAT THE ORGANIZATION OPERATES IN A MANNER CONSISTENT WITH ITS TAX-EXEMPT STATUS AT BOTH THE STATE AND FEDERAL LEVELS. THE ORGANIZATION ANNUALLY FILES IRS FORM 990 - RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, REPORTING VARIOUS INFORMATION THAT THE IRS USES TO MONITOR THE ACTIVITIES OF TAX-EXEMPT ENTITIES. THESE TAX RETURNS ARE SUBJECT TO REVIEW BY THE TAXING AUTHORITIES, GENERALLY FOR A PERIOD OF THREE YEARS AFTER THEY WERE FILED. THE ORGANIZATION CURRENTLY HAS NO TAX EXAMINATIONS IN PROGRESS. 1 INCENTIVE GRANTS 57 447502 FMV REDUCTION IN TUITION PART I, LINE 2: WHERE GRANTS ARE MADE TO ENABLE ATTENDANCE AT A SPECIFIC EVENT, THE FUNDING IS NOT MADE UNTIL JUST BEFORE OR JUST AFTER THE EVENT HAS OCCURRED TO ENSURE PRESENCE AT THE EVENT. IN THE CASE OF THE OLYMPIC TEAM, ALL TEAM MEMBERS ARE MONITORED FOR PERFORMANCE AT VARIOUS EVENTS LEADING TO THE OLYMPICS. IN ADDITION, TEAM MEMBERS ATTEND TRAINING CAMPS AND OTHER VARIOUS OTHER GROUP MEETINGS TO RECEIVE COACHING, PHYSICAL CONDITIONING EVALUATIONS, WEATHER ADVISORY, AND OTHER SUPPORT SERVICES PROVIDED BY THE US SAILING ASSOCIATION, THE NATIONAL GOVERNING BODY OF THE SPORT. TEAM MEMBERS ARE IN CONSTANT CONTACT WITH TEAM COACHES, THE HIGH-PERFORMANCE DIRECTOR, AND THE OLYMPIC DIRECTOR THROUGHOUT THE QUADRENNIUM. TEAM MEMBERS MUST MEET SPECIFIC CRITERIA, WHICH ARE PRE-APPROVED BY THE US OLYMPIC COMMITTEE, AND SPECIFIC GOALS TO RECEIVE FUNDING. X X X 0 0 0 0 0 0 0 0 0 ALAN OSTFIELD CHIEF EXECUTIVE OFFICER 319454 0 0 0 0 0 15530 0 11422 0 346406 0 0 0 ERIC KRASNOO SVP MEMBERSHIP 176420 0 11634 0 0 0 9523 0 9241 0 206818 0 0 0 ANDREW CLOUSTON SVP PROGRAM & SERVICES 158047 0 11372 0 0 0 8500 0 1024 0 178943 0 0 0 BLAINE PEDLOW SVP DEVELOPMENT 151656 0 7706 0 0 0 8268 0 1033 0 168663 0 0 0 HENRY BRAUER BOARD MEMBER/PRESIDENT AS OF 11/24 SUPPORTING OPERATING EXPENSES X 200000 200000 0 1 1 BRIAN KEANE BOARD MEMBER SUPPORTING OPERATING EXPENSES X 200000 200000 0 1 1 400000 X 3 256394 FMV X EQUIPMENT 7 558000 COST 0 0 1 0 FORM 990, PART VI, SECTION A, LINE 4 DURING THE TAX YEAR THE ORGANIZATION AMENDED ITS BYLAWS TO CHANGE THE FOLLOWING: - THE ADDITION OF COMPENSATION COMMITTEE CHAIR SHALL BE A NON-VOTING EX-OFFICIO MEMBER OF THE COMMITTEE. - AMEND THE ELECTION PROCEDURE FOR US SAILING'S SECRETARY AND TREASURER FROM A VOTE OF THE GENERAL MEMBERSHIP TO A VOTE OF THE BOARD OF DIRECTORS. - REMOVE REFERENCES TO THE FORMER POSITION OF EXECUTIVE DIRECTOR OF US OLYMPIC SAILING. THIS POSITION WAS RECONSTITUTED AS A HIGH PERFORMANCE DIRECTOR. - ADDED THE FOLLOWING BOARD ELIGIBILITY STANDARD: AN INDIVIDUAL IS INELIGIBLE FOR MEMBERSHIP ON THE BOARD OF DIRECTORS IF: - SUCH INDIVIDUAL IS UNDER INVESTIGATION BY AN NGB OR THE USOPC FOR ETHICS, ATHLETE SAFETY, OR OTHER DISCIPLINARY VIOLATIONS, THE U.S. CENTER FOR SAFESPORT FOR SAFESPORT CODE VIOLATIONS, OR THE U.S. ANTI-DOPING AGENCY FOR WORLD ANTI-DOPING CODE VIOLATIONS, OR - IN THE PREVIOUS 8 YEARS, SUCH INDIVIDUAL HAS A RECORD OF ANY NGB AND/OR USOPC ETHICS, ATHLETE SAFETY, OR OTHER DISCIPLINARY FINDINGS OR HAS SERVED ANY U.S. CENTER FOR SAFESPORT OR US ANTI-DOPING AGENCY PERIODS OF INELIGIBILITY. - AN INDIVIDUAL WHO HAS SUCH A RECORD FROM MORE THAN 8 YEARS PRIOR TO ANY PROPOSED BOARD OF DIRECTOR SERVICE MAY BE ELIGIBLE FOR MEMBERSHIP ON THE BOARD OF DIRECTORS PENDING A REVIEW BY THE ETHICS COMMITTEE. - APPROVED UPDATES TO THE USSA BYLAWS THAT IMPLEMENT THE SHORT TERM RECOMMENDED CHANGES PROPOSED PURSUANT TO THE US SAILING VOLUNTEER COMMITTEE REVIEW TASK FORCE FINDINGS (THE "TASK FORCE FINDINGS"). - PART DELETE THE CRUISE COMMITTEE (DEFUNCT) - DELETE THE BUDGET COMMITTEE (DUTIES PERFORMED BY STAFF) - DELETE THE MARKETING/ COMMUNICATIONS COMMITTEE (DUTIES PERFORMED BY STAFF) - DELETE THE COMMERCIAL COMMITTEE (DEFUNCT) - DELETE THE MANAGEMENT DIVISION: MOVE THE LONE REMAINING COMMITTEE IN THAT DIVISION, THE GOVERNMENT RELATIONS COMMITTEE, TO THE OVERSIGHT DIVISION. - RENAME THE INSHORE / SMALLER BOAT SAILING DISCIPLINES DIVISION TO "NEARSHORE COMPETITION DIVISION" - RENAME THE SAILING VENUES DIVISION TO THE "DIVISION OF SAILING ASSOCIATIONS" -TO COMBINE THE US YOUTH CHAMPIONSHIPS COMMITTEE, US JUNIOR CHAMPIONSHIPS COMMITTEE, AND THE US JUNIOR WOMEN'S CHAMPIONSHIPS COMMITTEE INTO ONE COMMITTEE CALLED THE US YOUTH/JUNIOR CHAMPIONSHIPS COMMITTEE. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT FORM 990 IS PROVIDED BY US SAILINGS EXTERNAL AUDITORS FOR REVIEW BY THE CFO, AND ANY NEEDED ADJUSTMENTS ARE MADE. THE FINAL DRAFT FORM 990 IS PRESENTED TO THE FINANCE COMMITTEE AND CEO FOR REVIEW AND APPROVAL PRIOR TO SENDING TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR THE ORGANIZATIONS CONFLICT OF INTEREST POLICY IS PROVIDED TO ALL OFFICERS, DIRECTORS AND EMPLOYEES. THESE PEOPLE ARE ASKED TO REVIEW THE POLICY AND SIGN A STATEMENT INDICATING THAT THEY UNDERSTAND THE POLICY AND HAVE REPORTED ALL POTENTIAL CONFLICTS DURING THE COMING YEAR. ALL POTENTIAL CONFLICTS ARE EVALUATED BY THE BOARD TO DETERMINE IF A CONFLICT ACTUALLY EXISTS. IN THOSE INSTANCES WHERE THE POTENTIAL TRANSACTION IS A CONFLICT, THE BOARD EXAMINES THE TRANSACTION AND A VOTE IS TAKEN (WITH THOSE INVOLVED RECUSING THEMSELVES) AS TO WHETHER THE ORGANIZATION WILL ENTER INTO THE TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION COMMITTEE REVIEWS THE COMPENSATION OF THE CHIEF EXECUTIVES FOR SPORT (ACES) SALARY SURVEY AND OTHER APPROPRIATE SALARY SURVEYS BEFORE MAKING A RECOMMENDATION TO THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 US SAILING MAKES ITS BY-LAWS REGULATIONS AND BOARD MINUTES AVAILABLE ON ITS WEBSITE ALONG WITH AUDITED FINANCIALS STATEMENTS AND FORM 990 FOR THE CURRENT AND TWO PRIOR YEARS. THESE DOCUMENTS ARE FOUND IN THE "ABOUT US" SECTION. FORM 990, PART IX, LINE 11G CONSULTANTS: PROGRAM SERVICE EXPENSES 1,728,033. MANAGEMENT AND GENERAL EXPENSES 229,198. FUNDRAISING EXPENSES 65. TOTAL EXPENSES 1,957,296. FORM 990, AMENDED RETURN THE FORM 990 WAS FILED BEFORE THE COMPLETION OF THE AUDIT. AS A RESULT, THE INFORMATION FILED IN THE ORIGINAL FORM 990 WAS ADJUSTED TO INCORPORATE THE AUDITED AMOUNTS. AS A RESULT, THE FOLLOWING INFORMATION WAS AMENDED: PAGE 1, CHANGES: LINE G GROSS RECEIPTS INCREASED BY $132,006 PART I: LINE 8 CONTRIBUTIONS AND GRANTS INCREASED BY $261,088 LINE 10 INVESTMENT INCOME DECREASED BY $161,575 LINE 12 TOTAL REVENUE INCREASED BY $99,517 LINE 17 OTHER EXPENSES DECREASED BY $234,319 LINE 18 TOTAL EXPENSES DECREASED BY $234,319 LINE 19 REVENUE LESS EXPENSES INCREASED BY $333,836 PAGE 2, PART III: LINE 4A EXPENSES DECREASED BY $400,836 LINE 4A REVENUE DECREASED BY $7,851 LINE 4B EXPENSES DECREASED BY $124,851 LINE 4B REVENUE INCREASED BY $20,067 LINE 4C EXPENSES DECREASED BY $131,421 LINE 4C REVENUE DECREASED BY $18,212 LINE 4E PROGRAM EXPENSES DESCREASED BY $657,108 PAGE 7, PART VII COMPENSATION OF OFFICERS SECTION A, COLUMN B, UPDATED AVERAGE HOURS PER WEEK FOR ORGANIZATION AND RELATED ORGANIZATION PAGE 9, PART VIII, STATEMENT OF REVENUE: LINE 1D RELATED ORGANIZATION DECREASED BY $88,347 LINE 1F ALL OTHER CONTRIBUTIONS DECREASED BY $349,434 LINE 1G NONCASH CONTRIBUTIONS INCREASED BY $2,517 LINE 7D NET GAIN/LOSS DECREASED BY $161,575 LINE 11A MISCELLANEOUS REVENUE INCREASED BY $4 LINE 12 TOTAL REVENUE INCREASED BY $99,517 PAGE 10, PART IX, STATEMENT OF FUNCTIONAL EXPENSES: LINE 25, COLUMN (A) TOTAL EXPENSES DECREASED BY $234,319 LINE 25, COLUMN (B) TOTAL PROGRAM EXPENSES DECREASED BY $657,108 LINE 25, COLUMN (C) TOTAL MANAGEMENT EXPENSES INCREASED BY $247,961 LINE 25, COLUMN (D) TOTAL FUNDRAISING EXPENSES INCREASED BY $174,828 PAGE 11, PART X, BALANCE SHEET: LINE 3 PLEDGES AND GRANTS RECEIVABLE DECREASED BY $10,417,302 LINE 4 ACCOUNTS RECEIVABLE INCREASED BY $58,345 LINE 10C NET LAND, BUILDING & EQUIPMENT INCREASED BY $164,684 LINE 16 TOTAL ASSETS DECREASED BY $10,194,273 LINE 17 TOTAL ACCOUNTS PAYABLE DECREASED BY $6,208,813 LINE 26 TOTAL LIABILITIES DECREASED BY $6,208,813 LINE 27 NET ASSETS WITH DONOR RESTRICTIONS DECREASED BY $3,469,523 LINE 28 NET ASSETS WITH OUT DONOR RESTRICTIONS DECREASED BY $515,937 LINE 32 TOTAL NET ASSETS DECREASED BY $3,985,460 LINE 33 TOTAL LIABILITIES AND NET ASSETS DECREASED BY $10,194,273 PAGE 12, PART XI, RECONCILIATION OF NET ASSETS: LINE 1 TOTAL REVENUE INCREASED BY $99,517 LINE 2 TOTAL EXPENSES DECREASED BY $234,319 LINE 3 REVENUE LESS EXPENSES DECREASED BY $333,836 LINE 8 PRIOR PERIOD ADJUSTMENT INCREASED BY $4,319,296 LINE 10 NET ASSETS AT END OF YEAR INCREASED BY $3,985,460 SCHEDULE A, PAGE 1, PART III, SECTION A: LINE 1 INCREASED BY $261,088 LINE 7A INCREASED BY $117,517 LINE 12 INCREASED BY $4 LINE 15 DECREASED BY 0.19% LINE 17 DECREASED BY .01% SCHEDULE D, PAGE 2, PART V: LINE 1C NET INVESTMENT EARNINGS INCREASED BY $652 LINE 1E OTHER EXPENDITURES INCREASED BY $651 LINE 1G END OF YEAR BALANCE INCREASED BY $1 LINE 2A BOARD DESIGNATED PERCENTAGE INCREASED BY 1.8506% LINE 2B PERMANENT ENDOWMENT PERCENTAGE DECREASED BY 1.851% SCHEDULE D, PAGE 2, PART VI: LINE 1D COLUMN C DECREASED BY $164,687 SCHEDULE M, PART I: LINE 9 SECURITIES-PUBLICLY TRADED INCREASED BY $2,517 SCHEDULE R, PAGE 2, PART V: UNITED STATES SAILING FOUNDATION AMOUNT INVOVLED DECREASED BY $88,347 FORM 990, PART XII, LINE 2C THE ORGANIZATION DID NOT CHANGE EITHER ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR. UNITED STATES SAILING FOUNDATION 1 ROGER WILLIAMS UNIVERSITY WAY BRISTOL RI 02809 222667411 TO DIRECTLY SUPPORT A RELATED ORG DE 501(C)(3) SUPPORTING FOUNDATIO UNITED STATES ASSOCIATION INC 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 UNITED STATES SAILING FOUNDATION C 26753 COST