SALTS Receives Yacht Donation – Plans New Ship

Victoria-based SALTS (Sail and Life Training Society) has received a donation of a 69’ yacht recently appraised at $1 million. Florida-based businessman and philanthropist James C. Ray donated his sloop Tango which is moored in Sidney. SALTS is now seeking a buyer for the yacht so funds gained from the sale can be used to help construct a new 140-foot wooden schooner. The new ship will provide sail training to teens and young adults alongside the society’s two existing ships. Ray’s private foundation has also pledged an additional $250,000 toward the project to be given at a future date.

Tango was built in 1999 by Philbrook’s Shipyard in Sidney. Images and specs are at (see “69’ Philbrook’s Pilothouse). Prospective buyers can contact yacht brokers Allan Mactier, CPYB or 250-213-8547/250-656-1138, or Greg Andrew, CPYB, 250-812-1489/250-656-1138.

SALTS’ $5 million new schooner campaign quietly began fundraising for major gifts in early 2011, and has so far received $3 million in cash, pledges, and donated boats. In addition to the yacht, other gifts to the campaign include $1 million from a family in Victoria who has had kids participate in the SALTS program, a $300K grant from a family foundation in Ontario, $150K from The Gwyn Morgan and Patricia Trottier Foundation, and $150K from Vancouver businessman Bob Shields.

If the fundraising is successful as hoped, SALTS will build a140’ wooden schooner in Victoria at a location yet to be determined, beginning as soon as the ship’s design is completed and approved by Transport Canada. This will be the fourth tall ship SALTS has built. A scale model of the hull was recently tested in a towing tank in England, and a scale model of the rigging was recently tested at a wind tunnel in Italy. Project details are at (click “new ship“)

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