The Nantucket IOD Fleet Association (NIODFA) was established in 1997 by a group of sailors, most of whom were members of the Nantucket Yacht Club, for the purposes of owning a fleet of International One-Design keelboats (IODs) and sponsoring racing activities for the IODs in Nantucket Sound.
In the summer of 1997, Peter McCausland began aggressively promoting the idea of a fleet of IODs in Nantucket, and to this end he gathered a group of Nantucket sailors - Rear Commodore/RC Chair Bob Constable, past Commodore Geoff Verney, and Fleet Captain Mark Beale - to debate the merits of the concept. In subsequent discussions, McCausland proposed that an association should be formed which would own the fleet of IODs and individual sailors would own an undivided interest in the association, represented by a share. The total number of shares outstanding would equal the number of boats in the fleet. A Charter and By-Laws were drafted and an order was placed for six new IODs.
The rest is history!
- from The Saga of the International One-Design. A Celebration of 75 Years.