Support us and ways to give

Eve Formisano, Director of Development

Eve Formisano, Director of Development
eve.formisano@sailnewport.org
Tel. (401) 846-1983, ext. 130
Sail Newport is a 501 (c) (3) organization
Sail Newport’s tax id number is 22-2560625

Whether you’re a long-term supporter or thinking about making your first gift, it is important for you to know how your donation will be used and its impact. Currently, 25% of Sail Newport’s $2.0M annual budget derives from philanthropic support, and 75% comes from program and service fees, so however you choose to give, know your gift matters and we are thankful. Here are a few of the ways you can support the mission of Sail Newport:

Annual Fund
Sail Newport’s Annual Fund provides essential unrestricted program and operational support for the organization. Though the distribution of these funds may vary from year to year, it typically includes allocations to financial aid, building, and technology updates and boat maintenance and procurement.

Campaign for Blue Space
In 2016, Sail Newport publicly announced the $10M Campaign for Blue Space, a three-part fundraising initiative designed to establish the financial foundation of the organization’s programmatic ambitions and better serve the community by:

  1. Expanding public access to sailing programs
  2. Broadening our marine education programming
  3. Building and maintaining the Mid-Park Marine Education and Recreation Center

To date, we are nearly at our goal and aim to conclude the campaign by December 31, 2022.

Key accomplishments include making significant progress in each of the three priorities, including the establishment of the Pell Elementary 4th Grade Science and Sailing Program and the completion of our beautiful new facility. In making a campaign gift to Sail Newport, please select “Campaign for Blue Space” in the online donation form or contact us.

Donor-Advised Funds
Sail Newport is honored to be considered among the charities you name as a recommended grant recipient from your Donor-Advised Fund (DAF). Please consider recommending Sail Newport to your DAF administrator, making a recurring gift to Sail Newport through your DAF, or naming Sail Newport as a beneficiary of your DAF.

Endowment
In 2017, the Alletta Morris McBean Charitable Trust awarded Sail Newport a five-year $500,000 match challenge grant to support  Sail Newport’s endowment. This means that every gift to the endowment will be matched by the trust up to $500,000, resulting in $1M raised for the endowment. Sail Newport’s endowment  provides long-term financial health and stability to the organization and allows for an annual unrestricted draw of 4.5% every year. To date, we have received nearly $500,000 in gifts and matches. This challenge must be met by December 31, 2022.

Employer Matching Gifts
Matching gifts are company-sponsored programs that allow employees to increase the size and impact of their gift by a “donation match” that comes from the company. Please check to see if your company has a matching gift program, and if they do, thank you for completing and submitting any necessary forms.

Gifts of Stock
Sail Newport accepts gifts of stock and other asset donations. If you are considering making a gift of stock,  please contact us for bank information, etc.

In-Kind and Boat Donations
Sail Newport accepts a variety of in-kind donations (non-cash donations, such as a boat or other types of marine supplies). The donation must be reviewed and assessed by Sail Newport, and in certain circumstances, an independent appraisal prior to the donation being accepted. If you are interested in making an in-kind donation to Sail Newport, please contact us.

In Memory/Honor of
Sail Newport is honored to accept and acknowledge gifts received in Memory/Honor of an individual or an occasion.

Planned Gifts
Donors who include Sail Newport in their estate plans leave a lasting legacy to our organization.  Please contact us to discuss your wishes to extend your support to Sail Newport beyond your lifetime.

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Have questions or would like to discuss which areas you would like to support?

Contact Eve Formisano, Director of Development
Phone: (401) 846-1983 Ext. 130
Email: eve.formisano@sailnewport.org