A Seaworthy Gift
Trustee emeritus and former Board Chairman L. Clifford Schroeder has donated his 58-foot Hatteras motor yacht to the College in hopes that its sale will earn money for the Center for Environment & Society’s $6 million endowment campaign. The Golden Dolphin II, designed by John Hargrave and built in 1978, is a classic of its style, offering luxurious living in a seaworthy hull made for comfortable coastal travel.
Schroeder’s Last Great Waters Foundation purchased the yacht many years ago to help raise money for Virginia environmental causes and organizations, including the Virginia Institute of Marine Science and another Schroeder effort, the Virginia Oyster Reef Heritage Foundation. Schroeder’s foundations used the yacht to take donors on cruises and to serve as an educational platform for groups interested in learning about environmental causes and projects on the Chesapeake Bay.
Over time, though, it was used less frequently. “I said, ‘there’s got to be a better life for this boat,’” recalls Schroeder. He was well familiar with the Center for Environment & Society; in 1999, he and his wife, Lois, established a charitable lead trust that provides annual income to the College and has generated more than $250,000 to support the Center’s operations. Donating the yacht to help endow the Center’s work seemed a logical choice.
Such a donation isn’t unusual at colleges and universities with a water-based component, but this is the largest and most valuable of its type that Washington College has received to date. The College has raised more than $2 million against a $6 million goal to endow the Center for Environment & Society’s programs, which include the immensely popular and successful Chesapeake Semester, as well as the groundbreaking Chester River Watershed Observatory and the innovative Chester River Field Research Center at Chino Farms. For more information about the campaign, contact Barbara Heck in College Advancement at 410-778-7805.
The Golden Dolphin II is listed for sale at $149,900 and is lying at Worton Creek Marina. Interested parties may contact Johnson.firstname.lastname@example.org, or call 410-778-2514.