Boat Donation Program
Boat donations accepted for URI are now being administered by the Maritime Funding Association of Maine & Block Island Maritime Funding (BIMF).
Under this new program, in addition to providing a source of support to URI students and marine related programs, boats donated to the University of Rhode Island can now qualify for a significant tax deduction to the extent allowable under the law. Note that when your vessel is donated to a 501(c)(3) non-profit organization, such as URI, several conditions must be met in order for the donor to deduct the appraised fair market value of the vessel.
If you are interested in supporting the University by donating your boat and require assistance with the process of your donation, please visit www.blockislandmaritime.com.
For more detailed information of how your donation can benefit URI and possibly provide you a significant year-end tax benefit, please call 401.363.8181.
To view current inventory go to: www.blockislandmaritime.com.