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2018 Annual Report Grosse Pointe Youth Nautical Education Foundation 2018 ANNUAL REPORT 1| GROSSE POINTE YOUTH NAUTICAL EDUCATION FOUNDATION | 2018 ANNUAL REPORT A GROSSE POINTE YACHT CLUB FOUNDATION BOARD OF DIRECTORS PERPETUAL SCHOLARSHIP Board members serve terms as DONORS defined by the by-laws of the Foundation. n Commodore James and Patricia Anderson (2012) J. James Morrow President n Commodore John and Marlene Boll (2012) James A. Anderson Vice President n Manuel and Nora Moroun (2013) Jerey R. Laethem Director n Benno Steinborn (2014) Sean M. Schotthoefer Director Ilja J. Vreeken Director n Commodore J. James and Sandra Morrow (2014) Sloane R. Barbour Treasurer n W. W. Williams Company (2015) Mark R. Weber, PhD Secretary n Edwin and Felicia Shaw (2016) Wallace E. Cross Outside Director n Commodore Tymon C. and Sheri Totte (2016) J. Theodore Everingham Director n Commodore Sean and Brian J. Geraghty Director Dr. Kristen Schotthoefer (2017) Michael. D. Murray Financial Advisor and Audit — n Commodore Ilja and Kelley Vreeken (2018) Polk & Associates GPYNEF SCHOLARSHIP RECIPIENTS Name High School College Jonathan Crowe Brother Rice High School University of Michigan Mary Frame Grosse Pointe North High School Michigan State University John Godoshian Grosse Pointe North High School Indiana University Mitchell Irwin Eisenhower High School Grand Valley State University Alex Johnson University Liggett School Colgate University Brian Liu Detroit Country Day School Michigan State University Philip Peck Grosse Pointe South High School University of South Carolina Lindsey Ramsdell Grosse Pointe North High School Harvard University Eva Rossell Grosse Pointe South High School Michigan State University Thomas Schaden Grosse Pointe North High School Michigan State University Jack Sielicki Brother Rice High School Fordham University Alexander Soo Detroit Country Day School Tufts University Black Stackpoole Grosse Pointe South High School Hobart William Smith Colleges Skye Vreeken University Liggett School Savannah College of Art and Design John Walton Grosse Pointe South High School Roger Williams University All photography by Michele Penoyer 2| GROSSE POINTE YOUTH NAUTICAL EDUCATION FOUNDATION | 2018 ANNUAL REPORT YEAR IN REVIEW The Grosse Pointe Youth Brother Rice/Marian High Schools 16th in the National Champion - Nautical Education Foundation and sponsored several regattas ships, ending the year ranked (GPYNEF) continues to pursue its throughout the spring season. All 12th nationally. In addition, the mission to promote national and of the 12 high school teams from Grosse Pointe South High School international sailing, maritime the metro Detroit area did well girls team qualified and finished education, competition and water as they participated in regattas 14th for the Girls’ National Cham- safety. This year we continued our throughout the State and regionally. pionships, held in October 2018 focus on high school programs, Grosse Pointe South had a “stand at San Diego Yacht Club in San competitive events, educational out year” as they achieved excel- Diego, California. opportunities, including work- lent results in all the regional qual- Part of the mission of the ing closely with the Challenge ifying regattas and earned a spot GPYNEF is to provide financial the Wind organization to extend to sail in the ISSA Baker Team support to sailors as they enter these opportunities to the National Championships in San college through scholarships. residents of Detroit. Diego, California, finishing 10th This as a banner year for our The year began with an early overall. The Grosse Pointe South scholarship program, which start as the high school’s varsity team also raced in the National provided 15 scholarships to young season began on March 15, 2018. Championships, held at Lake- sailors. The GPYNEF has awarded Despite the cold, the high school wood Yacht Club in Seabrook, a total of 72 scholarships to young teams launched into a very strong Texas. Only the top two teams in sailors from around the Metro season. The GPYNEF provided the MISSA region qualified for this area. The scholarships were initi- financial support to Grosse Pointe event, out of 115 high schools. The ated to promote sailing and to South, Grosse Ponte North and Grosse Pointe South team finished encourage sailing at a young age. Continues page 4 2018 ANNUAL REPORT | GROSSE POINTE YOUTH NAUTICAL EDUCATION FOUNDATION |3 Year In Review YEAR AHEAD (continued) As the high school varsity In the year ahead, the Grosse Pointe Youth Nautical Education sailing has grown, our reputa- Foundations plans to continue with its aggressive support and promotion of tion as an energizer of the sport the high school sailing programs and award a minimum of 10 college schol- has expanded, as well. This was a arships. Our local area high school sailors continue to improve on a national break out year for the “Challenge scale, in part, due to the travel experiences they have. Our region now has the Wind” program. We were able 124 high schools providing outstanding competitive experiences. We will to work with them to move their continue to sponsor regattas at the GPYC and promote clinics to provide program to the Detroit Boat House the best possible training experiences. (formerly the Detroit Boat Club), In addition, the GPYNEF will sponsor the provided eight Optimist dinghy USODA National Championships at the GPYC sailboats, donated two additional July 20-28, 2019. This event will draw over 400 floating platforms to launch boats, Optimist sailors, 8-15 years old. These young and refurbished 120 feet of dock sailors will come from across the USA and to provide a safe launch area. We draw some talent from Europe, Asia and South provided funding, equipment and America. This is truly an international event. volunteers to assist them to grow We will continue to provide support to Chal- 2019 their program. lenge the Wind as it settles in at the Detroit Boat GPYC Sponsorship of regional House on Belle Isle. The foundation will provide USODA regattas and support for special sponsorship of regattas and extend our support to NATIONALS groups, including advanced the college sailing teams for the first time. sailors who are moving forward Enhancing youth, high school, competitive, to national level programs, are and adaptive sailing would not be possible without the generous support programs we continue to support. of GPYNEF donors. Some of these young sailors are even working toward Olym- pic qualification. We are contin- uously working to expand our interests and reach, an example is our latest support of Set Sail for Autism to provide a program for young sailors with special needs. 2018 has been an exceptional year with many great accomplish- ments, and we plan to continue to build on these successes in 2019. We greatly appreciate your support and funding that allows us to continue to grow these programs. 4| GROSSE POINTE YOUTH NAUTICAL EDUCATION FOUNDATION | 2018 ANNUAL REPORT GPYNEF AND CHALLENGE THE WIND New Location, Boats and Floating Docks Position NonProfit to Benefit Even More Youth The GPYNEF continues to and sail shed, as well as room for Specifically, the GPYNEF play a pivotal role in the growth of additional boats and docks. The helped CTWYSP obtain eight Opti- Challenge the Wind Youth extra space and equipment allows mists, growing that fleet to 12. The Sailing Program (CTWYSP), a for more instructors, resulting in additional donation of two floating Detroit nonprofit with a mission “to more young people learning the docks creates a space from which introduce and teach sailing to young important life skills such as team the entire fleet can be launched. people who would otherwise never building associated with the sport Continues page 6 get exposed to the sport.” of sailing. In 2018, the program benefited greatly from the GPYNEF — the most obvious example being the program’s move from Kean’s Marina to Belle Isle Boat House (Detroit Boat Club). Not only is it an ideal location on the Detroit River, it is also safe, easy to access and allows for more public visibility. The Boat House has many other advantages such as a protected sailing area, indoor classroom 2018 ANNUAL REPORT | GROSSE POINTE YOUTH NAUTICAL EDUCATION FOUNDATION |5 GPYNEF AND CHALLENGE THE WIND (continued) These floating docks are critical “Our mission, plans and results CTWYSP two more 420 sail boats, to safely rig and launch the boats would not be possible without our bringing GPYNEF’s donation to four used by the sailors. In addition, 100 outstanding sponsors, instructors in total. feet of existing, rotting docks and volunteers,” says Challenge the Challenge the Wind has been were refurbished. Wind Director Harry Jones. “Words in existence since 1994. It is a non- The GPYNEF also facilitated an can’t express my gratitude for the profit 501 c 3 and a member of the important safety boat upgrade for contributions of GPYNEF which Detroit Regional Yacht-Racing CTWYSP by reaching out to Sun made 2018 a very successful season.” Association and US Sailing. Sport Marine in Harrison Town- Part of Challenge the Wind’s ship. This connection allowed CTW plan for next year is to increase the YSP to benefit from Sun Sport’s reach of the program to a broader generous gift of a new Yamaha out- community. GPYNEF looks forward board engine. to playing a part in that by giving SPECIAL THANK YOU for partnering with GPYNEF in support of the Challenge the Wind Program 6| GROSSE POINTE YOUTH NAUTICAL EDUCATION FOUNDATION | 2018 ANNUAL REPORT THERE HAS NEVER BEEN A BETTER TIME TO GIVE The New Tax Law Makes it Easy Taxpayers will be a¦ected in Qualified retirement funds the federal level. No long-term di¦erent ways by the changes in (IRAs and employer plan funds) capital gain tax at all. tax law made in December 2017. can be subject to both income Any part, or all, of the IRA But the charitable contributions taxes and estate taxes, so the tax funds can be paid directly to a deduction has been fully preserved burden can be greater than 50% on Charitable Organization as a to reduce personal income tax these investments.
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