The Potomac operates on a very small budget of half a million dollars a year. We derive most of our income from our operation of the Presidential Yacht’s cruises, our Friends of the Potomac, and a small group of corporate sponsors. We are not subsidized by government funds. Because we are run by volunteers (1.5 staff members work to maintain the ship and administration, and our professional crew is paid seasonally), our employment overhead is very small, and administrative cost comprise only 8% of our overall budget. Remember us in your estate or enlist your corporation, organization or association to offer a grant to support our educational programs. Remember, 92 cents of every dollar donated goes to keeping the ship open for educational cruises at no cost to classroom groups. |
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