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Storm Trysail Foundation

EIN 26-2672182 · Larchmont, NY

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthStrong90 out of 100GovernanceStrong92 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

THE FOUNDATION SEEKS TO EFFECT, PROMOTE AND ENHANCE THE EDUCATION OF YOUNG SAILORS IN SAFETY AT SEA, SAFE BOAT HANDLING IN ALL CONDITIONS AND SAFE BLUE WATER RACING AND PASSAGE MAKING THROUGH SEMINARS, REGATTAS, ON THE WATER TRAINING AND THROUGH GRANTS.

Income
$317,224
Spending
$277,040
Spent on programs
76%
Reserves
23 months of spending
Largest source of income
donations and private grants, 90%
Employees
0
Volunteers
35

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Strong: 90 out of 100. Higher than 74% of charities in its peer group (recreation and sports, $250k to $1m).

  • Reserves

    35 of 35

    Spendable reserves would cover 23.0 months of spending.

  • Debt

    20 of 20

    It owes 4% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 13% of income.

  • Income trend

    5 of 15

    Income fell 17% on the year before.

  • Spending floor

    15 of 15

    76% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 92 out of 100. Higher than 96% of charities in its peer group (recreation and sports, $250k to $1m).

  • Independent board

    25 of 25

    8 of 8 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)
  1. $86,035 spent. DU MOULIN GRANTTHIS GRANT WAS MADE POSSIBLE BY THE BO AND EDIE LYCKE TRUST. THE LYCKE TRUST HAS FUNDED AN AWARDS PROGRAM FOR THE STORM TRYSAIL FOUNDATION IN MEMORY OF EDWARD I. DU MOULIN, A STORM TRYSAIL CLUB MEMBER WHO INTRODUCED MANY YOUNG SAILORS TO OFFSHORE SAILING AND WAS DEDICATED TO ADVANCING THE OPPORTUNITIES FOR YOUNG SAILORS.THE GOAL OF THE AWARD IS TO HELP YOUNG PEOPLE EXPERIENCE SAILING AND TO HELP YOUNG MEN AND WOMEN BECOME QUALIFIED AND SUCCESSFUL OCEAN SAILORS AND RACERS, PROVIDING THEM WITH VALUABLE EXPERIENCE SO THEY SUCCEED IN LIFE. WE LOOK TO PROMOTE LEADERSHIP, TEAM BUILDING, ENVIRONMENTAL STEWARDSHIP, SAFETY AT SEA, AND CHARACTER BUILDING.LA SOLITAIRE IS A 1,850-MILE OFFSHORE SOLO SAILING RACE. ON THE FIRST LEG, WHICH BEGINS SEPT. 7, 2025, CONTENDERS SET SAIL FROM ROUEN, FRANCE, HEAD TOWARD FASTNET IN IRELAND, AND FINISH IN BAIE DE MORLAIX, FRANCE. FROM THERE, THE FLEET RACES TO VIGO, SPAIN, AND THE THIRD AND FINAL LEG DEPARTS VIGO AND CONCLUDES IN SAINT-VAAST-LA-HOUGUE, FRANCE.LUSH IS TAKING ON THE SOLITAIRE ABOARD A FIGARO BENETEAU 3 NAMED HOPE, A NOD TO HER HOME STATE OF RHODE ISLAND'S MOTTO AND THE PROGRESS IN AMERICAN SAILING SHE ASPIRES TO LEAD.LA SOLITAIRE, ESTABLISHED IN 1991, IS KNOWN AS ONE OF THE TOUGHEST TRAINING PLATFORMS FOR OFFSHORE RACING, AND AS SUCH IS OFTEN A TRAINING GROUND FOR SAILORS WHO SEEK TO COMPETE IN THE VENDE GLOBE OR OTHER ROUND-THE-WORLD CHALLENGES LIKE THE OCEAN RACE.
  2. $70,658 spent. THE FOUNDATION'S INTERCOLLEGIATE OFFSHORE REGATTA (IOR) IS AN INVITATIONAL REGATTA FOR COLLEGE SAILORS. IT IS HELD ANNUALLY BY THE STORM TRYSAIL FOUNDATION AND HOSTED AT LARCHMONT YACHT CLUB. IT BRINGS TOGETHER STORM TRYSAIL KEEL BOAT OWNERS AND COLLEGIATE SAILORS FOR AN OPPORTUNITY TO RACE TOGETHER IN A HIGHLY COMPETITIVE REGATTA. INITIALLY ESTABLISHED IN THE EARLY 1970S BY THE CORINTHIANS YC.
  3. $53,549 spent. SAFETY AT SEA SEMINARS ARE COURSES FOR JUNIOR SAILORS AND ADULTS THAT TEACH THE PRINCIPLES OF SAILING IN EXTREME CONDITIONS, VESSEL MANAGEMENT, AND CREW SAFETY IN SUCH SITUATIONS, MAN OVERBOARD PROCEDURES, AND BASIC MEDICAL PROCEDURES.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since May 2009.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.