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RVYC Fund


For over one hundred and twenty eight years, the Royal Victoria Yacht club has been developing world-class sailors, along with a well-earned reputation as an enthusiastic and welcoming club, situated in one of the worlds best boating locations. Our strength has always been the people who have come together around their shared love of boating. We invite you to be part of this legacy through our new RVYC Fund, created to support excellence in developing the many skills that contribute to enjoying time on the water.

The RVYC Fund has been established in partnership with the Victoria Foundation and will help support a range of sailing, racing and recreational boating activities at our club while providing you with the benefit of a tax receipt, issued by the Victoria Foundation, for your donation. Your donations to the RVYC Fund can be directed to an endowment that supports long-term initiatives, or to specific projects:
  • The first option involves building a long-term pool of capital, the annual returns from which will fund qualified activities in perpetuity as well as continuing to build the capital. Earnings from the endowed funds would be well suited to long term funding of ongoing initiatives, such as annual additions to our RVYC Racing Funds.  Donations to build capital in the RVYC Fund can be made by cheque to the Victoria Foundation with “RVYC Fund - capital” in the memo line, by credit card (phone 250-381-5532 and specify RVYC Fund - capital) or in the form of publicly traded securities (see https://victoriafoundation.bc.ca/make-a-donation/). 
 
  • The second option provides flow-through funds for specific RVYC projects that have been approved by Sail Canada, the BC Amateur Sport Fund or similar organizations, where the donation will be directed to the specific project. Examples of flow-through projects could be the purchase of boats or other equipment to support sail training programs (junior and adult), the clubs race program or other training initiatives.  A project to purchase two RS Quest dinghies for recreational use by members has recently been approved by the BC Amateur Sport Fund, which enables us to start fund-raising for this project. We are aiming to raise $30,000 in 2021 so the dinghies can be purchased and be ready for members’ use in spring 2022. Donations for this project can be made by credit card at https://victoriafoundation.bc.ca/rvyc-fund/, or by cheque to the Victoria Foundation with “RVYC Fund – RS Quest Project” in the memo line.
If you would like more information about the RVYC Fund or how to contribute to it, please contact Connie Morahan, pastcommodore@rvyc.ca or 250-652-4567, or Simon Gatrell, manager@rvyc.ca or 250-592-2441.