RSYS Development Fund

RSYS Development Fund

Raised

$277,571.30

Goal

$1,250,000.00

RSYS Development Fund

In 2018, the Royal Sydney Yacht Squadron (RSYS) Foundation relaunched the Endowment Fund, also known as the Future Fund, and now to be known as the Development Fund.

The Development Fund has been established to help build a capital base to allow the Squadron to create a long-term invested corpus to support major works for both on and off water activities. The trust deed states that the first $1.25 million invested in the fund will be invested into perpetuity and this capital base cannot be used, however the investment income from this base can be used for general purpose by the RSYS to assist with development costs.

At the heart of its Constitution, the Club has the responsibility to continue to support and promote the sport of sailing and to deliver the best facilities for all current and future generations of Members. Donations will allow us to seed the Development Fund to ensure the Club lives up to that responsibility and to help grow a long-term investment fund that will build on our proud 156-year heritage.

The Club seeks an average donation of $1,500 to seed the Development Fund. This is a voluntary donation request with an option of donating more or less. 

The RSYS Foundation partnership with the Australian Sports Foundation (ASF) enables all donations above $2 to have tax-deductible status and donations will be receipted and sent to you by the ASF for your records.

By gifting a tax-deductible donation to the Development Fund today, we can initiate this $1.25 million investment base that will create a permanent funding mechanism to underpin the long-term financial strength of the RSYS.

The Trustees of the RSYS Foundation thank you for your individual contribution.

  • Sailing

Your donation to this project is tax deductible

The Australian Sports Foundation (ASF) is the only deductible gift recipient for sport in Australia. This means that donations of $2 or more to approved projects on our website are tax deductible. Shortly after making your donation, you'll receive an official receipt from the ASF that you can use in your income tax return. If you have any questions about your donation, please visit https://asf.org.au/faqs

Raised

$277,571.30

Goal

$1,250,000.00

Recent donations

Thomas Agnew

For the future of the Squadron

$255.00

ALEXANDER BURT

I wish you every success with your fund- raising. ...

$1,515.00

I wish you every success with your fund- raising. ALEX

Anonymous

Donated to your project

$10.10

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Your donation to this project is tax deductible

The Australian Sports Foundation (ASF) is the only deductible gift recipient for sport in Australia. This means that donations of $2 or more to approved projects on our website are tax deductible. Shortly after making your donation, you'll receive an official receipt from the ASF that you can use in your income tax return. If you have any questions about your donation, please visit https://asf.org.au/faqs