ðə mˈɪʃən stˈeɪɾᵻd ɪn ɪts ɪŋkˌoːɹpɚɹˈeɪʃən wʌz "tʊ ɐdvˈæns, fˈɑːstɚɹ ænd səpˈoːɹt ðə spˈoːɹt ʌv jˈɑːɾɪŋ, ðɪ ˈɑːɹt ʌv jˈɑːt dɪzˈaɪnɪŋ ænd kənstɹˈʌkʃən, ænd ðə sˈaɪəns ʌv sˈiːmənʃˌɪp ænd nˌævɪɡˈeɪʃən, ænd tʊ ɐkwˈaɪɚ ænd pɹəvˈaɪd ɐ sˈuːɾəbəl ænd kənvˈiːnɪənt klˈʌbhaʊs, ˈæŋkɚɹɪdʒ ænd hˈɑːɹbɚ bˈeɪsən fɚðə jˈuːs ʌv ɪts mˈɛmbɚz.
The mission stated in its incorporation was "to advance, foster and support the sport of yachting, the art of yacht designing and construction, and the science of seamanship and navigation, and to acquire and provide a suitable and convenient clubhouse, anchorage and harbor basin for the use of Its members.