Cowes Town Waterfront Trust
A charitable organisation to rejuvenate Cowes Waterfront
The Cowes Town Waterfront Trust is a charitable organisation whose prime objective is to rejuvenate and improve Cowes Waterfront and recreational facilities across the Isle of Wight.
The Cowes Town Waterfront Trust owns the Cowes Yacht Haven boatyard and marina and invests the income generated back into its future, as well as making charitable donations that align with its Objects. Examples of these donations can be seen below.
Since its formation in 1991 over £3.5 million has been put into the construction of new buildings and improvements to the facilities. Cowes Yacht Haven has evolved into a prime event location, not only hosting Cowes Week visitors, but providing year round facilities for other regattas such as Cowes Classic Week, Powerboat Festival and many corporate team building and training events.
The charity’s objects are:
4.1 To promote for the benefit of the inhabitants of Cowes and the Isle of Wight the provision of facilities for recreation or other leisure time occupation of individuals who have need of such facilities by reason of their youth, age, infirmity or disablement, financial hardship or social and economic circumstances or for the public at large in the interest of social welfare and with the object of improving the life of the said inhabitants and to advance sailing and water sports in the waters around Cowes, and in furtherance of this Object to provide facilities for mooring and storage of boats for the benefit of the public at large.
4.2 To promote the culture and heritage of Cowes and support the maritime heritage of the Isle of Wight;
4.3 To promote the protection and improvement of the environment of Cowes Harbour.
Charitable gifts in the financial year ending 31st March 2022
Youth Sailing – Object 1
The Trust has continued its support of Youth Sailing initiatives and engagement within the sailing fraternity including the Etchells Youth Academy to encourage and promote sailing to younger people.
The Trust’s involvement includes:
1. Providing a substantial donation in the form of a discount for the storage and launching / recovery of four Etchells keelboats used by youth, support ribs and other boats.
2. Discounting the cost of a storage container which supports both youth sailing and other sailing and a tent that youth sailors use as a base. In addition, the container is used as a dry repair / dust containment shop in the winter.
3. Provision of additional facilities free of charge including sail drying and folding facilities and meeting rooms (when not booked by any other fee paying client).
Miss Isle / Natasha Lambert charity – Object 1
The Miss Isle School of Sip & Puff Sailing (MISSPS) is a unique sailing and training experience on the Isle of Wight.
The school’s vision is to provide affordable sailing tuition to young people with physical disabilities who would benefit from using the sip and puff method of controlling a sailing boat.
The MISSPS has benefited from the Trust not only welcoming the Charity in making its home at CYH, but also working together to make CYH more accessible for disabled sailors. Both organisations are continuing to work together on the common goal of improving facilities for the disabled onshore and on the water, with the ultimate aim that CYH will be recognised as the number one marina for offering disabled people excellent facilities. CYH provide marina and boatyard services for two boats.
Sea Cadets – Object 1
The Sea Cadets “…rely on the support of people and organisations who feel strongly about helping teenagers to find their way in life”. The Trust provided financial support to help with the cost of replacing a worn out RIB.
Greig’s City Academy (GCA) – Object 1
GCA is a mixed-sex secondary school in the London borough of Haringey; it has around 1,100 pupils on its roll. As well as a busy main school, the Academy includes a thriving Sixth Form with links to The Russell Group and other universities, as well as specialist sports and arts colleges. The Trust supports GCA by providing drysail facilities for a Quarter Ton yacht and an Intro 22 yacht as well as a marina berth for their Rib.
British Powerboat Racing Club (BPRC) – Object 1
The BPRC celebrated their 60th anniversary in 2021 and the annual Cowes-Torquay-Cowes International Powerboat Festival was once again held in Cowes Yacht Haven, bringing unique business and profile to the town. Cowes Town Waterfront Trust was pleased to support the cost of berthing for the competitors.
Isle of Wight Sports Foundation Awards – Object 1
The IOW Sports Foundation charity provides grants to organisations or individuals to enable them to promote greater participation in sport and physical activity. It gives information and advice, promotes sport and physical activity on the Isle of Wight, works for the maintenance and expansion of sporting facilities on the Isle of Wight and carries out research and co-operates with other bodies in promoting its aims. CTWT supported the awards ceremony by sponsoring one of the awards.
Cowes Heritage – Object 2
The Trust supported a request for funds to help with the cost of enlarging the Beckford Centre to accommodate Cowes Heritage’s extensive research material following their merger with the organisation previously operating there.
The value of all of the gifts (in cash and in specie) for the above activities totals £30,938 (2021 £17,203)