One of the many grants that CBYRA has provided was for this group of Chesapeake sailors. They competed in the National Women’s Invitational Team Race for the Thayer Trophy, which was held at Corinthian Yacht Club in Marblehead, MA.
CBYRA Donor and Grant Programs
CBYRA is a non-profit, 501(c)(3) organization. All membership dues, fees, and donations are used to support CBYRA’s programs and operations on behalf of the sport of sailboat racing. Among these programs is the CBYRA Grant Program. The CBYRA Grant Program is one of the primary ways in which CBYRA supports the sport of sailboat racing.
All donations received by CBYRA are dedicated to the CBYRA Grant Program. A portion of other income received by CBYRA may be dedicated to the CBYRA Grant Program.
The CBYRA Grant Program consists of two distinct funds. One is the Fund for Chesapeake Sailors; the other is the CBYRA Reserve Fund. Donations may be directed to either one of these two funds.
Donor Programs
CBYRA Reserve Fund
The CBYRA Reserve Fund provides grants to member clubs and fleets in support of regattas, sailor/racer education, and projects or programs of special merit and need. Donation may not be directed to any specific fleet, club, or activity. All contributions are tax-deductible to the extent permitted by law.
Fund for Chesapeake Sailors
The Fund for Chesapeake Sailors provides grants to those member sailors involved in campaigns for the Olympics, and National and International regattas and championships. Donations may not be designated to any specific sailor or campaign. All contributions are tax-deductible to the extent permitted by law.
Grant Programs
Grant Budget
In addition to donations received for the two funds, CBYRA may allocate funds from its general operating budget to either or both funds. The amount that may be disbursed by CBYRA will be allocated in the annual budget and reported on at the Annual General Meeting of CBYRA. The Executive Committee may supplement the annual Grant budget, at its discretion while remaining fiscally responsible.
Grant Committee and Award Schedule
The Grant Committee is comprised of the CBYRA Treasurer who will act as Chair and the four (4) Division representatives: Junior, Handicap, One Design, and Cruising One Design.
The Grant Committee will meet within one (1) month of the approval of the annual budget to decide the initial grants of the fiscal year. The Grant Committee will meet in March, May, July, and October to decide additional grants for the fiscal year. The Grant Committee may meet in special session, as required.
Grant Eligibility and Process
Applicant(s) must be a CBYRA member club, CBYRA sanctioned class, member fleet, junior program, or team of CBYRA members formed to compete in a specific event.
This grant application process applies to both funds. The application shall be submitted in writing to the Chair of the Grant Committee (treasurer@cbyra.org). The applications shall be submitted before the first day of December, March, May, July, and October.
The first page of the application shall state:
- Party requesting a grant,
- Contact information,
- Event/activity schedule and location,
- Uses to which the granted funds would be applied,
- Target audience and projected attendance, and
- Amount requested.
Additional pages shall include:
- Complete budget for the event/activity,
- Other sources of funding and amounts, and
- Additional pages may provide further detail in support of the grant request.
CBYRA may require additional materials to be submitted at its discretion upon review of the above materials.
Review and Decision
The Grant Committee will review applications, decide which, if any are to be funded, and the level of funding to be allocated, if any, to each event/activity.
For the CBYRA Reserve Fund, preference will be given based upon:
- Category A (non-advertising) events
- Prestigious and unique events offering outstanding competition or furthering CBYRA’s mission, and
- Events offering a benefit to CBYRA.
For the Fund for Chesapeake Sailors, preference will be given to:
- Individual or team campaigns who qualify or are selected based on résumé for ladder and championship events associated with CBYRA, US SAILING, or CBYRA Member Organizations.
- Prestigious and unique events offering outstanding competition.
Payment and Receipts
The applicant is required to provide a full accounting of receipts, costs, etc. for the amount of the grant. Unless specifically authorized by the CBYRA Executive Committee, payment of the grant will be made after completion of the event/activity and receipt by CBYRA of vendor invoices.
Publicity
When approved by the Executive Committee, notice will be published on CBYRA website. CBYRA will notify the Host Club. Division Representative(s) will notify Class(es) of award.
Recipients shall publicize their funding by CBYRA by all appropriate means, including wearing CBYRA pinnies during racing, flying CBYRA flags, and acknowledging CBYRA support in interviews.
Contact Information
All correspondence should be directed to:
