Fundraising Prospectus & Summary of Financial Statement

The Schooner Martha Foundation’s mission is to preserve and maintain Schooner Martha (1907) 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 and 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 (347) 746-8851 or sailmartha1907@gmail.com. You can also use the “DONATE” button on this site!

Financial Position and Sources/Use of funding can be located by emailing sailmartha1907@gmail.com.

Schooner Martha financials from the past 12 years show a history of focusing expenses on sail training, with a few outlier years (including the big hull project of 2012, with help from the WA State History Grant) with more focus on restoration.

To interact with the graph below, click on the three lines stacked in upper left-hand corner of grey box (menu). This will allow you to zoom in to see the data. You can also download the graph by clicking the green ‘download’ box below the graph.

This next graph shows that donations are a large part of the source of funding for Schooner Martha Foundation.

Financial statements are available upon request.

To interact with the graph below, click on the three lines stacked in upper left-hand corner of grey box (menu). This will allow you to zoom in to see the data. You can also download the graph by clicking the green ‘download’ box below the graph.