IYRS raises $575,000 at Summer Gala

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Last weekend’s Summer Gala at the International Yacht Restoration School raised $575,000 for the school’s educational programs and scholarships.

“We are extremely grateful for the many people who support the school and recognize the important work that IYRS does,” said Carol O’Malley, who co-chaired the event with Joe Dockery. “We have a core support group who are deeply committed to the school’s educational mission and its students, and this group continues to see us through these difficult economic times.”

This year, title sponsor Land Rover North America was joined by platinum sponsors Condé Nast Publications, Jim Bishop Sr., Lexus North America, Prestige Land Rover of Paramus, and Prestige Lexus of Ramsey.

Commodore sponsors included BMW Oracle Racing, Boat International Media, Dayton Carr/VCFA Group, Dwyer Insurance, Samantha & Michael Florio/Quester Gallery, Karen & Gerry Migliaccio, Moët Hennessy USA, Panerai, Perfect Surroundings, William Vareika Fine Arts, and Vineyard Vines.

Live and silent auctions featured a mix of historic watercraft, travel opportunities, maritime artifacts, and art objects that appealed to the avid sailors and fans of classic boats in the audience. The item that drew the largest response was an opportunity to build a scholarship fund for IYRS students; by the close of the bidding, $68,000 had been raised for student scholarships.

“IYRS is an important training resource for the marine industry, and these scholarship funds will help us expand opportunities for gifted and needy students,” IYRS president Terry Nathan said in a statement.

The 13th annual IYRS Summer Gala will take place July 10, 2010.

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