United States Power Squadrons
Educational Fund
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Grants Awarded
Through Grant 225:

$ 2,633,106.10

 

 

The purpose of the United States Power Squadrons (USPS) Educational Fund is to promote the development and the furtherance of educational programs and techniques in boating, seamanship, navigation, engine maintenance, marine electronic equipment, sailing, weather, boating safety and other marine activities by issuing grants.

All contributions to the fund are fully deductible from income, gift and estate taxes.

The USPS Educational Fund is a legal trust, operated by six (6) trustees elected by the USPS Governing Board. It is a separate entity, apart from USPS, governed by its own board of trustees. The Internal Revenue Service has determined it to be a “qualified organization” under section 501(C) (3) of the Internal Revenue Code.

Have a question about the Fund that's not addressed in our Frequently Asked Questions section? Send us your question by completing this form.

 

News

The minutes for the Dallas Educational Fund meeting have been posted to the Meeting Information page. Updated Honor Roll information is available on the EdFund Honor Roll web page. (18 Oct 17)

The Educational Fund report to the USPS Annual Meeting at Orlando, FL on 25 February 2017 is available on the Reports page. In addition, the latest investment report is available on the EdFund Reports web page. (28 Feb 17)

A new table showing total active membership for each squadron as of 01 December 2016 is available. Squadrons wishing to reach Educational Fund Honor Roll status for 2017 need to make a minimum contribution of $1.00 per active member using the active member numbers shown in this table. In addition, updated Squadron and District Honor Roll information for 2016 is available on the EdFund Honor Roll web page. (20 Jan 17)

New procedures were announced by the EdFund Trustees for squadron contributions to the Honor Roll program. Read about them here in the first letter (20KB PDF) and more detail here in the updated second letter (59KB, PDF). As described in the updated second letter, the table used for Honor Roll purposes that lists the active member count and the remaining contribution amount to make the Honor Roll for all squadrons is available here (197KB, PDF). (15 Apr 16)

At the 2015 Annual Meeting, the trustees of the Century Fund, who are also the members of the USPS Board of Directors (BOD), had agreed to meet with the EdFund trustees to discuss common areas of interest and concern regarding the future of USPS.  These notes (90KB, PDF) were used in a presentation by the Chairman of the EdFund to the BOD. (18 Mar 15)

The investment policy for the USPS Educational Fund is available in a PDF file (39KB). (22 Jan 11)

All Grant expenses must now be submitted and approved by the Grant holder on a Grant Expense Voucher, form EF-01. (29 Jul 10)

 

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This page last updated Wednesday, October 18, 2017 9:45