Summary of Financial Statement
The Schooner Martha Foundation’s mission is to preserve and maintain the schooner Martha and to provide sail training and other educational activities concerning maritime history for the general public.
Since 1997, Martha has been owned and operated by The Schooner Martha Foundation, whose sole purpose is to maintain and restore Martha and to use Martha to operate sail training programs.
In cooperation with marine surveyor Malcolm Munsey; The Schooner Martha Foundation designed a 10 phase plan to restore Martha to the classic yacht she once was. Now that the restoration is basically complete, Martha can look forward to many journeys, races and classic yacht events for future generations.
Our maritime heritage is preserved by those that take an active role in either hands-on participation or through donations.
Martha‘s restoration, maintenance, and sail training programs are provided for, in part, by tax deductible donations. To make a donation, please send a check to The Schooner Martha Foundation at PO Box 1811, Port Townsend, WA 98368, or contact us at (206) 310-8573 or firstname.lastname@example.org. You can also use the “DONATE” button on this site!
Below is a summary of the Schooner Martha Foundation’s 2014 (year ending April, 2015) Financial Position and Sources/Use of funds. A more complete statement along with our IRS Form 990 is available by emailing email@example.com .