Since 1990, when it first commenced making grants, the NZL Sailing Foundation (previously known as the New Zealand International Yachting Trust) has distributed over $2.5 million in grants to individual New Zealand sailors or teams to assist them with their expenses of competing in top international events, or to further the purposes of the Foundation in other ways.
Included amongst the grantees are many past and current Olympians and other well known sailors who have gone on to enhance the reputation of New Zealand as one of the top sailing nations in the world.
In addition to its grants to individuals, the Foundation currently makes annual or other grants to support the following teams and organisations:
- Yachting New Zealand ISAF Youth Worlds Team
- NZ International Optimist Dinghy Worlds Team
- Blind Sailing Council of New Zealand
- Shorthanded Sailing Association of New Zealand
- Bay of Islands Sailing Week
The Foundation is proud to play an important role in New Zealand amateur yachting and looks forward to continuing its support in the years ahead.