The AYC Fund is a non-profit entity that was created in 2005 to support sailing education, competitive sailing, and the development of instructors and amateur sailors of all ages. Funding comes entirely from donations, primarily raised each year in the Fleet Challenge, but donations can be made any time of the year.
The AYC Fund Board is charged with facilitating the use of the funds through grants. The practice (but not a hard rule) has been to keep the grants to about 50% of the donations in order to build the fund for larger investments.
Over the years, the fund has provided grants to local sailors for entry fees to National and International competitions as well as sail training and train the trainer events. In 2018 and 2019, the Fund Board has provided grants to AYC competitors who qualified to sail in events including
- the 2018 USSA Sears Cup finals,
- the 2018 Sunfish Worlds,
- the 2018 Invitational Resolute Cup,
- the 2018 and 2019 Intercollegiate Nationals,
- the 2108 RS Feva Worlds,
- International 420 events held at Kiel Week in Germany, the Junior European Championship in Portugal, and the World Championships in Newport, Rhode Island
Projects and longer-term investments the Fund has supported since its inception include:
- Providing initial funds to hire a Sail Training Coach for the AYC Junior program. The program enjoyed such great success that the coaching position evolved into a full-time Sailing Director at AYC whose presence benefits the entire club.
- Replacement of the 18 boat UT-AYC FJ fleet,
- RIB purchases to support sail training and the Roadrunner Fleet
- Improvements designed to make AYC a more attractive gathering place for families, children, and sailors, “funneling” new
participants into AYC’s growing sail training programs. These have included improving the playground and constructing a shade over the swimming pool.