Match Races for Cause
Your organization can qualify for significant enabled charitable giving support through the use of our America’s Cup 12m yachts, 12m match racing pairs, and “signature” 12m fleet regattas in the creation of signature 12m “tax exempt” events or benefits.
Each year, generous contributions to the Annual Fund help assist and sustain 12YDF general operating expenses and l2m sail education programs. The Annual Fund also provides essential ongoing funding to cover the costs of our year round operations staff including part-time accounting, marine insurance, crew costs, communications and marketing, secured and unsecured note repayments, credentials renewal, and membership administration.
Charitable Giving and Getting -Financial Assistance Programs
We can contribute significantly by providing annual financial support through the use of our America’s Cup 12m yachts, 12m match racing pairs, and “signature” 12m fleet regatta’s through your charity or foundation’s live auction event or benefit. l2mYDF in fact annually enables the contribution of hundreds and thousands of dollars – significantly more dollars than it actually takes in through monetary contributions.
With some planning, you can ensure that the l2mYDF programs you care about will be sustained for future generations. You may be able to increase your charitable deductions, or benefit from additional income during your lifetime, while contributing more than you may have thought possible to l2mYDF.
Gifts of Stock or Securities
A gift of appreciated stock, bonds, or mutual funds, if you have held them for more than a year, will provide a greater benefit to l2mYDF while avoiding capital gains taxes. l2mYDF would be pleased to assist you in transferring securities to support the l2mYDF program of your choice.
In addition to support for the l2mYDF operations and education programs, donors may designate gifts to a range of special projects at l2mYDF. To designate your gift to a particular area of interest, including: Special Cause Related Interests or Charities Education, VIP lectures, and special clinics, new 12m acquisitions, restoration, and preservation projects, infrastructure facilities or another special project.
Endowed funds support l2mYDF programs in perpetuity and minimize the Foundation’s dependence on annual donations. Endowments include dedicated funds for new 12m cause related programs, acquisitions, training crew and 12m sail instructors, facilities, 12m education programs, and special programs. l2mYDF encourages donors to support an existing scholarship endowment – or create your own endowment legacy at l2mYDF.
Scholarship and Intern Support
Donors may contribute to the l2mYDF Scholarship Fund to provide current-season support to l2mYDF youth sailing opportunities, clinics and programs based on financial need. l2mYDF also encourages donations to endowed funds, which pay out a percentage each year to guarantee scholarship funding in perpetuity.
You can ensure income during your lifetime, as well as a charitable deduction, through a charitable lead trust, charitable gift annuity, charitable remainder annuity trust, or deferred gift annuity. Other assets, including retirement accounts, life insurance policies or real estate, can create a lasting legacy at l2mYDF while minimizing the tax burden for you or your estate. Major Planned Gift donors are recognized in the l2mYDF Endeavor Society. If you think one of these strategies might benefit you and the l2mYDF, please contact l2mYDF for more information.
Boat or Marine Equipment Donations
Donate your boat or marine equipment to help support l2mYDF development programs and train the next generation of inspired America’s Cup sailors.
Bequests—Including l2mYDFin Your Will
A bequest provision in your will or revocable trust will ensure that the l2mYDF programs you are passionate about today will continue for future generation. Bequests may include cash, property, or a residual share of your estate. Major supporters who have included l2mYDF in their estate plans are recognized in the l2mYDF Endeavor Society.
For more information on any type of special gifts to l2mYDF, please contact personally:
Patrick J. Sikorski
Executive Director / Trustee
l2m Yacht Development Foundation
T: 203-656-1182 C: 203-918-5271