IYRS raises funds at annual summer gala


The International Yacht Restoration School’s annual summer gala raised $885,000 for the school and included a special live performance by Jimmy Buffett and his band.

On the evening of July 6 more than 600 people gathered at the IYRS in Newport, R.I., to help support technology and equipment purchases that keep students on the forefront of fast-evolving fields of marine and composite manufacturing.

“IYRS continues to build support for the extraordinary student outcomes and the school’s education model,” IYRS president Terry Nathan said in a statement. “More than 85 percent of our graduates are employed on or about the time they complete their programs. At a time when the conversation in America is about training more people to make and build things, an IYRS education is preparing people for lifelong careers of working and thinking through their hands. It is a compelling and important story.”

The evening included both a live auction during the sit-down dinner and a silent auction. Senior auctioneer C. Hugh Hildesley of Sotheby’s — who has conducted some of the auction house’s most prestigious sales, including those of the estate of Jacqueline Kennedy Onassis and the collection of the Duke and Duchess of Windsor — conducted the live auction.

The top-earning auction item of the evening was a painting by maritime artist John Mecray of the 1885 schooner yacht Coronet, which is now being restored on the IYRS campus.

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