The Foundation Board comprising myself as Chairman, Ray Harvey and Noel Heyes, together with the Commodore and Rear Commodore, will act independently of the Committee and will ensure that funds donated will only be spent on a project that the donor has nominated. As explained on the attached information sheet, donations which are tax deductible, are made through the Australian Sports Foundation who will then remit the Funds to a separate Mornington Yacht Club Foundation bank account.
We have established three projects for the Foundation:
-development of facilities for the initial training of individuals either through the Club's established training programs or through an enlarged schools program. We need 6 Pacer dinghies at a total cost of $60,000 to provide suitable sailing craft to achieve this objective. At the launch we have obtained pledges in excess of $10,000.
-to help fund our elite youth and junior sailors to compete in regional, interstate and international regattas thus enabling them to further develop their sailing careers .
-to provide funding for Sailability to enable more disabled individuals to participate in sailing as a recreation and a therapy.
I would encourage, those who are able to help us achieve these objectives, to make a donation at a level you are comfortable with. Receipts will be issued for all donations over $2.
Donations can be made in the following ways:
-by visiting the Australian Sports Foundation website, and then locating the Mornington Yacht Club approved projects, and then donating on line. Click here for online site and online donation
-by completing the donation form attached and forwarding it to the Club who will forward it to the ASF.
Click here for donation form pdf
-by adding a donation on the annual subscription notice form when you receive this shortly. Amounts received in this way will also be remitted to the ASF.
Donations made by 30 June 2016 will enable you to claim a tax deduction in the current tax year. I look forward to the contribution that we can all make through the Foundation to improve sailing at Mornington.