The Great Chesapeake Bay Schooner Race

First annual race in 1990;
"The mission of The Great Chesapeake Bay Schooner Race is to promote public awareness of the Chesapeake Bay’s maritime heritage by donating the proceeds of the race to one or more charitable organizations engaged in conservation of the natural resources of the Chesapeake Bay." [ref: http://www.schoonerrace.org/faq.htm]