The URIF’s Boat Donation & Sales program accepts donations of boats of all types which are either put to good use by faculty and students in one of the University’s marine educational programs or sold to raise funds for student scholarships.
Making this type of charitable donation could have a favorable impact on your year-end tax return, since your gift is tax-deductible to the extent allowable under the law. Your gift also provides a source of support to URI students and programs.
Individuals who are interested in purchasing boats that have been donated to us also benefit by generally purchasing sailboats or powerboats at very competitive prices.
Check out available current inventory on-line or in person. All listings are on our website, complete with pictures, inventory and vessel values. You can visit the boat yard, located at the URI Bay Campus, Narragansett, RI. Please check for hours of operation or call for an appointment. Download the bid form from our website and submit completed form by mail to: Boat Bid, c/o The URI Foundation, at 79 Upper College Road, Kingston, RI 02881, accompanied with a $200 deposit.
A $200 deposit must accompany all bids. You may bid on any number of boats. If accepted, the $200 deposit will be applied toward the purchase price of your boat. If not accepted, your deposit will be returned within 10 days of a bid being accepted.
Prices are negotiable.
Upon receipt, bids are reviewed by staff. Generally, you can expect to be contacted within a few days of your bid forms being received.
Upon being notified of your bid being accepted, arrangements to sign the purchase and sales agreement can be made. Be prepared to provide a certified check, money order, or cash for the balance due at the closing.
The URI Foundation accepts bids year-round.
Bids are welcome except for the two week period preceding any Boat Sale. Bidding is closed for those time periods. Bids are next accepted the Monday following any Boat Sale.
Bids are closed two weeks prior to an advertised Open House. Any bid received within that two week period will be submitted with any bids received on the date of the Open House.
There is a wide array of sailboats and powerboats as well as trailers and engines on occasion. Listing are updated weekly on this web site.
Boats are offered “as is” and we cannot move or deliver boats. They are always available for inspection and professional survey. Buyers have 12 days after the accepted bid date to complete payment and an additional 12 days thereafter to remove the boat from the yard.
Please give us a call. We would be happy to begin the discussion process with you and provide you with all of the necessary information you will need.