Courtesy of the Tall Ship Providence Foundation
Tall Ship Providence Foundation announced Monday that it is suspending its educational and tour programs effective this Friday, June 26.
Tax filings show the nonprofit lost $683,000 in 2024 and owes its board members roughly $768,000, Alexandria Brief reported.
The press release from the foundation reads:
The decision to suspend these operations was not made lightly, and the Foundation's board and staff share in the sadness felt by the community that has supported this mission so faithfully.
During this period of suspension, the Foundation intends to evaluate possible strategic alternatives to maintain operations consistent with its non-profit mission. The board remains hopeful that a path forward can be identified that honors Providence's legacy and the community it has served.
These alternatives include an accelerated merger with the United States Maritime Museum proposed for Alexandria’s waterfront, adjacent to the Foundation’s facilities and Tall Ship Providence at Waterfront Park. However, if no viable alternative consistent with the Foundation's mission can be identified, the Foundation will be forced to shut down operations permanently.
The Foundation’s Pier Bar will continue to operate during this suspension period as a means of generating funds to support ship maintenance and other basic operating expenses.
Founded in 2017, the Foundation has been dedicated to celebrating the nation's maritime heritage and educating visitors on the important role Providence played in the American Revolution. Tall Ship Providence was recognized for three consecutive years as a top tourist destination by
Traveler's Choice for its Living History Tours and has served thousands of local students through its Field Trip Program, which provided free educational programs for Title One Schools. These achievements reflect the extraordinary generosity of donors, volunteers, and visitors who believed in the Foundation's work.
