Overview
What is St Francis Sailing Foundation?
St. Francis Sailing Foundation is a nonprofit organization situated in San Francisco, California. Its primary mission is to support promising young sailors starting their competitive sailing careers and advanced competitive sailors in national and international competitions, including those aiming for the Olympics. The foundation prioritizes providing resources for U.S. sailors and windsurfers showing exceptional promise. It accomplishes this by offering grants to develop interest and skills in sailing through programs such as the Treasure Island Sailing Center and Sea Scouts, as well as providing scholarships for disadvantaged youth to attend summer sailing day camps and training programs. Additionally, St. Francis Sailing Foundation supports expanded access to sailing for the disabled community through a grant to the Bay Area Association of Disabled Sailors, enabling participation in national competitive races. In essence, the foundation's goal is to foster sailing talent, engage youth, and promote disabled access to the sport.
Official website here: www.stfsf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Star rating)
St Francis Sailing Foundation has earned a 77% rating from Charity Navigator, indicating a solid performance in accountability and finance. This score is derived solely from the accountability and finance beacon, reflecting the organization's commitment to maintaining transparency and responsible financial practices. A three-star rating signifies that the charity operates effectively, though there is room for improvement.
The foundation demonstrates strong governance, with an entirely independent board consisting of 17 members, and it has implemented crucial policies such as conflict of interest and whistleblower protections. Additionally, there are no reported issues regarding the diversion of assets, and the organization effectively documents board meeting minutes. These strengths contribute to a trustworthy operational framework.
Financially, St Francis Sailing Foundation shows commendable efficiency, with 85.64% of its expenses allocated towards programs. Its low liabilities-to-assets ratio of 0.09% further emphasizes its sound financial health. However, while the overall score is respectable, stakeholders might look for even greater transparency or programmatic impact measures in the future.
This AI summary has been generated from information found on Charity Navigator.
Is St Francis Sailing Foundation legitimate?
St Francis Sailing Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Francis Sailing Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
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Official website here: www.stfsf.org
What is the mission statement of St Francis Sailing Foundation?
The St. Francis Sailing Foundation's mission is geared towards supporting amateur sailors, particularly young and disabled individuals, in national and international competitions. It aims to foster the training, development, and participation of promising sailors at the beginning of their competitive sailing careers, as well as advanced sailors in major competitions leading up to the Olympics. The foundation also prioritizes providing support for US sailors and windsurfers showcasing exceptional promise.
In addition to this, the foundation supports youth engagement in sailing by funding programs that introduce children to the sport, such as those offered by the Treasure Island Sailing Center and Sea Scouts. It also provides scholarships for disadvantaged youth to attend summer sailing day camps and training programs offered by the St. Francis Yacht Club. Furthermore, the foundation extends its mission to include expanded access to sailing for disabled individuals, with a grant to the Bay Area Association of Disabled Sailors to support their participation in national competitive races.
Official website here: www.stfsf.org
Who is the CEO of St Francis Sailing Foundation?
Greg Meagher is the President of St Francis Sailing Foundation.
Official website here: www.stfsf.org
What is the revenue of St Francis Sailing Foundation?
St Francis Sailing Foundation's revenue in 2022 was $1,178,296.
Official website here: www.stfsf.org
Who are the executives of St Francis Sailing Foundation and what are their salaries?
There 52 volunteers at St Francis Sailing Foundation.
Here are 17 key members and their salaries:
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Official website here: www.stfsf.org
Where can I find the form 990 for St Francis Sailing Foundation?
St Francis Sailing Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.stfsf.org
Learn more at the official website: www.stfsf.org
Mission Statement of St Francis Sailing Foundation
The St. Francis Sailing Foundation is devoted to supporting sailors in competitions and promoting access to sailing for youth and individuals with disabilities. The organization's mission includes backing the training, development, and participation of amateur sailors in national and international competitions. It prioritizes US sailors and windsurfers showing exceptional promise, enabling them to compete in leading up to the Olympics.
In addition to supporting advanced competitive sailors, St. Francis Sailing Foundation also focuses on fostering interest and developing skills in youth through various programs. It provides funding for initiatives that introduce youth to sailing, such as those offered by the Treasure Island Sailing Center and Sea Scouts. Furthermore, the foundation offers scholarships for disadvantaged youth to attend summer sailing day camps and training programs offered by the St. Francis Yacht Club.
The foundation also supports expanded access to sailing for individuals with disabilities. A grant given to the Bay Area Association of Disabled Sailors helps participants in national competitive races. Through these initiatives, the St. Francis Sailing Foundation contributes to the growth and inclusion of sailing as a sport for people of all backgrounds and abilities.
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Impact
July, 2024
St Francis Sailing Foundation's impact is significant in supporting sailors in competition, as well as promoting youth and disabled access to sailing. The foundation provides crucial support to promising young sailors starting their competitive sailing careers, as well as advanced competitive sailors at the national and international levels. One key focus of the foundation is to assist U.S. sailors and windsurfers with exceptional potential, enabling them to compete in important national and international competitions, including those leading up to the Olympics.
Moreover, the foundation plays a vital role in developing the interest and skills of youth in sailing by backing programs that introduce young individuals to the sport through initiatives like the Treasure Island Sailing Center and Sea Scouts. Additionally, they provide scholarships for disadvantaged youth to attend summer sailing day camps and training programs offered by the St. Francis Yacht Club.
Furthermore, the foundation supports enhanced access to sailing by granting funds to organizations such as the Bay Area Association of Disabled Sailors, helping individuals with disabilities participate in national competitive races. This multifaceted support provided by the St Francis Sailing Foundation contributes significantly to the growth and inclusivity of sailing, making a positive impact on both individuals and the sailing community as a whole.
This information is meant to be a general summary of St Francis Sailing Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $904,840
- Gross Receipts: $1,215,533
Assets and Liabilities:
- Total Assets: $7,064,012
- Total Liabilities: $6,580
- Net Assets: $7,057,432
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Organization Details
Founding Year
1984
Phone
(510) 541-2543Principal Officer
Greg Meagher
Main Address
150 SUTTER STREET PO BOX 551, SAN FRANCISCO, CA, 94104
Website
www.stfsf.orgNTEE Category
Code: N67 - Recreation
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