This trophy honors the “Father of College Sailing”. Leonard Fowle was the chief graduate officer of both ICSA and NEISA during their formative, and subsequent, years. Originally sailed in four-crew format, the event was converted to three-crew team racing when the National Team Race Championship (Wood Trophy) adopted that format. The top three (Possibly four depending on allocation from ICSA) finishing teams qualify for the Wood Trophy. ICSA “Conditions” for the Wood Trophy apply and specify an initial round-robin of matches amongst all teams entered, and then a second and third round-robin amongst the top four teams, as time permits, with all races counting to determine the winner. The site rotates. Open only to Regular Member schools.