RGYC FOUNDATION
The RGYC Foundation Incorporated is a properly constituted body with a board of Trustees that is independent of the Board and operations of the Royal Geelong Yacht Club, formed to assist the Royal Geelong Yacht Club (RGYC) to maintain, improve, develop and foster the sport of sailing.
The RGYC Foundation has its own bank accounts and is managed as a separate fund. Any donations received will be deposited in the Foundation’s bank account and will be spent only in accordance with the purposes of the Foundation. They will not be mixed with the funds of the Royal Geelong Yacht Club.
The RGYC Foundation has entered into an Agreement with the Australian Sports Foundation (ASF), that allows the Foundation to provide the opportunity for individuals, entities or groups to make tax deductible donations to assist RGYC to Foster the Sport of Sailing.