The funds from these sources will be deposited in the
LMSRF Grants-In-Aid Money Market Fund and will be disbursed only after
approval by the Grants-In-Aid Committee as directed by the Chairperson.
Signatories for this account shall be the Treasurer, Commodore
and Executive Secretary with only one signature required per check
if the drawn amount is under $2,000; otherwise two signatures will
be required.
Grants from this Fund cannot be made in excess of the available Fund
balance and will only be made to members of Lake Michigan Sail Racing
Federation.
Disbursement of Funding:
Types of Support:
GRANTS-IN-AID: Grants ranging from $200 and up to defray the
expenses of sailors competing at national and international events.
Applications must be submitted in writing to the LMSRF Grants-In-Aid
Committee prior to the event. They should include the following
information:
1. name, address, age and phone number for the applicant,
2. brief personal background (education, profession, etc.),
3. name of US SAILING championship or other event which applicant
is working toward,
4. resume of past racing activities and achievements,
5. summary of present activities in preparation for competition,
6. projected budget for participation in competition, along with
summary of other sources of funding(if any) available to applicant
from sources such as yacht clubs and/or sponsors,
7. Optional: letters of recommendation from sailing instructors,
coaches, club officers, etc.
Grants under the above provisions will not cover damage deposits.
Instructor Scholarships:
Reimbursement may include travel, housing, meals and registration
fees for those attending US Sailing Instructor Training or Clinic
programs. Applications must be submitted in writing prior to
attending any recognized program. The following information
should be provided:
1. Name, address, and phone member of applicant,
2. Name of program, date and location,
3. Cost of registration,
4. Summary of prior instructional experience and training,
5. Current CPR and Red Cross First Aid status.
Preference will be given to those persons who have no other source
of financial assistance (funding from their club, etc). If approved,
payment will made upon applicant’s completion of the program.
Training: When the Board of Directors of LMSRF determine that
the Endowment Fund is producing sufficient income to establish a program
of supplying small sailboats for training of the LMSRF member not-for-profit
sailing organization’s youth, it will be done.
Administration of the Program:
The Grants-In-Aid Committee will review all applications for grants,
scholarships and training. The amount of funding granted will
be based upon the Committee’s analysis of the qualifications of the
applicant and upon monies available in any given year for distribution
through the program. A written response will be made to each
request upon completion of the Committee’s consideration. An
annual report of all grants (grantee, amount requested, amount granted)
shall be made to the Board of Directors at the first board meeting
of the calendar year.
Applications:
All applications and inquires should be directed to:
LMSRF Grants-In-Aid Committee
Lake Michigan Sail Racing Federation
3225 West St. Joseph
Lansing, MI 48917
517-327-9207
517-321-0495 FAX
Enacted March 17, 2001. 
LMSRF Grants-In-Aid Program
Lake Michigan Sail Racing Federation