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Boat Grant Program- International Lightning Class Association (ILCA) Presented by Laura Jeffers and Jan Davis The Lightning Class wanted an innovative way to attract the interest of younger sailors. The goal was to create a program that got the Lightning into the hands of young people and to have our class grow with youth. Objective • Expose young racers to the Lightning boat and its class activities/events. • Re-introduce the Lighting class to the sailing community. Many sailors haven’t seen or sailed Lightnings in years and we wanted to show that the class association is active, strong and investing in its future growth. The Budget $35,000 was allocated from our ILC Fund the initial year. The ProgramIn 2007, we decided to begin the program by offering two grants. Each grant would include the use of a competitive boat for the season and money for regatta expenses, entry fees, boat maintenance and insurance. We purchased one boat and while looking for a second boat, a nearly-new boat was donated to the program and one of our builders loaned us a brand new boat for the season. Quickly, the scope of our program doubled and we were able to grant four boats instead. 2008 – Six teams/boats granted. We owned the two boats from the previous year, one was borrowed from a member and two were loaned from our boat builders. Another older boat was donated and we were able to grant a 6th boat as a development team. 2009 – Five teams/boats granted. We sold the older development boat that was donated. We sold the original boat we purchased and bought another new boat. Both of our boat builders again loaned us two new boats for the season. We chartered/borrowed another boat from a member.2010 – Three teams/boats granted. The boat we own and two loaned from our boat builders. 2011 – Looking to grant three teams. Volunteer Commitment • Core committee of two, HUGE time commitment to develop the concept and program structure and to implement it in the first year. • Application review committee read all applications and scored them. • Mentor/Fleet support • Class members hauled boats across the country, worked on repairing boats, mentored, housed, fed, coached and encouraged the grant recipients. Financial Results • Some contributors to the ILCA Fund were initially skeptical of the wisdom of the concept. • Donations VASTLY exceeded our wildest expectations. • Cash outlay was required but donations to the ILCA Fund increased due to the incredible enthusiasm for the program and generosity of our members. • Since the inception of the program, Income has exceeded expenses by $9,166.76.
2007 (4 teams)
2008 (6 teams)
2009 (5 teams)
2010 (3 teams)
$16,769.44
$16,303.00
$10,592.00
$3,703.25
$ 5,935.87
$12,635.79
$ 9,869.39
$5,759.88
$10,833.57
$ 3,667.21
$ 722.61
$<2,056.63>