Thought this may be of interest

Upon further investigation, recieving the 501(c)3 "Charitable" status is not as simple as filing some paperwork and notifying the IRS, and makes me even more appreciative of the countless hours of work behind Sail Sand Point (which we are using as an idealic example).

A group of ppl who get together and decide they want to form a sailing club, have a few club boats for use as part of a membership fee can be considered tax exempt, but as a social (c)7 tax exemption. In order to be charitable, and give boat donors tax write offs, more serious activity along the lines of a true public access facility or a sailing school must be involoved.

Thanks for your input gentlemen.