Bonnell Cove Foundation supports not-for-profit organizations in North America in the areas of safety at sea and the environment of the sea. The Application Guidelines provide details on the process and expectations of applicants.
The Board of Trustees meets twice a year to consider applications. As a general matter, the Foundation awards grants of up to $10,000 for specific projects or particular needs of a qualifying non-profit. In rare cases, the Foundation will grant funds to a particular organization in successive years.
In recent years the Bonnell Cove Foundation has funded essential elements of school and museum youth programs, environmental research, habitat restoration, medical research, search and rescue products, overboard rescue techniques and boating educatioin. For a summary of grants made to date in 2015 go to Projects.
The Foundation would like its supporters at the Cruising Club of America and elsewere to encourage applications for grants from eligible organizations registered Section 501(c)(3) of the U.S. Internal Revenue Code.
The Bonnell Cove Foundatioin is a 501(c)(3) organization. It was organized in 1989 by the Cruising Club of America. Initial funding for the Foundation came from the sale of a tract of waterfront land on Block Island, Rhode Island to the Block Island Land Conservancy. George P.P. Bonnell, a charter member and former Commodore of the Club, bequeathed the land to the Club in 1959. Club members provide additional funding. There is no paid staff.