Preservation Fund

How has this idea enhanced your club's operation, etc.?

The BHYC houses three historically recognized buildings on its property. The leadership of BHYC was in search of a financially efficient way to preserve the aging structures without incurring a capital expense and while ensuring that their structural integrity and appearance live on for generations. 

Following Superstorm Sandy in 2012, the Board of Trustees approved and created the Preservation Fund to ensure future upkeep and maintenance of three historic buildings on BHYC’s property. The fund accepts contributions throughout the year but appeals to the membership annually. These appeals always include constrictive information such as financial reports, project status, long-range projects, and the history of the Preservation Fund.

How was this idea implemented, and what have been the club members' reactions?

The funds are accessible to complete very specific projects that must be qualified under certain provisions. The objective of the fund is to pay for maintenance and repairs that ensure the structural integrity and exterior aesthetics of the historical buildings. The Club has many generational families and this Fund is a legacy to the future generations.

The members are fully in support of the BHYC preservation fund contributing year-round. History is a cornerstone of the BHYC and members are very happy to have a tax-deductible opportunity to help preserve the physical history that represents the BHYC. To date, the fund has raised nearly 7 million dollars.