Our Supporters
Without the support of our incredible donors, we would not be able to spread the love of sailing throughout the community. With their generosity, we are able to make repairs to our boats, building, and grounds. Our staff is then able to have the materials they need to instill the love of sailing in a safe, fun, and educational way.
The beautiful new sailing center, docks, and waterfront were able to be built with the support of our foundation and donors through their dedication, passion, and magnanimity.
CYC Junior Division & Northern New York Community Foundation Partnership
The Crescent Yacht Club Junior Division established a formal partnership with the Northern New York Community Foundation in 2015. For more than 90 years, the Community Foundation has been a responsible steward of nonprofit charitable funds and helps foster vibrant North Country communities.
Our organization created an endowment fund at the Community Foundation to support the Junior Division’s programs in perpetuity. The endowment fund provides the Junior Division with a permanent source of income that will increase each year and over time. With a long-standing history of introducing sailing to youth and adults, the endowment is designed to ensure programming will continue in affiliation with the Crescent Yacht Club forever.
To support annual costs for programming and operations, the Junior Division also created the Crescent Yacht Club Junior Division Sustaining Fund at the Community Foundation. The sustaining fund will help build annual charitable support for scholarships, instructor salaries, facility maintenance, and more.
You may complete your gift in two ways:
If you are interested in making a lasting gift in your estate or will to support the Crescent Yacht Club Junior Division funds at the Community Foundation, please contact the Foundation at (315) 782-7110.
May 2023
Dear Supporters of the CYC Junior Division:
WE ARE GETTING READY FOR THE 2023 SEASON!
2023 Budget
| 2021 (actual) | 2022 (actual) | 2023 (proposed) | |
| PAYROLL | $34,151 | $43,540 | $42,700 *Cut 1 Staff |
| INSURANCE | $8,182 | $13,880 | $16,200 |
| PROGRAM | $8,282 | $6,768 | $11,575 *Includes AED |
| BOAT SUPPLIES | $1,856 | $1,037 | $5,525 *Includes New Motor |
| TOTAL BUDGET | $52,471 | $65,225 | $76,000 |
Our board has faced many challenges in the past in regard to our budget and this year is especially difficult. We have been committed to keeping our tuition as low as possible. We have kept our tuition rate the same for 7 years, even after the pandemic and as our costs increased. However, this year, increases in salaries and insurance, factors beyond our control, have put us in a difficult position. We want to continue to offer a quality program with safety as our first priority. This means training and hiring the appropriate staff as well as maintaining our fleet and being properly insured. The following is a comparison of the costs over the last three years for our largest expenses (Payroll (minimum wage increase of $1/hr this year), Insurance (which includes liability, building, and fleet), Boat Supplies (gas, maintenance, repairs, and replacement) and Program Expenses (such as: overhead cost of staff training & certifications, web page, registration system, internet/phone, first aid supplies. Along with activity supplies and safety equipment).
This year we will face an enormous challenge to meet our budget even with the tuition increase. We have tried to keep our cost as low as possible and will continue to fundraise to offset the cost.
Our goal will be to raise $17,000 this year so that we can meet all our needs.
THANK YOU TO OUR DONORS!
Sustaining Fund Donations
Thank you to our 2021 Donors!!
Thank you to our 2022 Donors!!