By 2024, the cost of each Shannon lifeboat had risen to £2.78M. As part of a fundraising effort, the construction costs of 13-12
Cosandra (ON 1319) in 2016 were offset, with members of the public allowed to purchase a space, to place a person's name, within the lifeboats numbers on the hull and the wheelhouse. This idea was taken a step further in 2019/20, when a formal campaign known as "Launch a Memory" was introduced to help fund new lifeboats. With typically 10,000 spaces available on each lifeboat, a suggested donation of £30 per space raised £300,000. In 2024, the idea was extended to older Shannon lifeboats following a refit. There are also two "Legacy" lifeboats, carrying names of those people who pledged a gift to the Institution in a Will. With some of these lifeboats afloat at their stations, often a banner will be found outside the station, showing all the names.
Launch a Memory • 13-03
R and J Welburn (ON 1310), • 13-13
George Thomas Lacy (ON 1320), • 13-37
Agnes A. P. Barr (ON 1344), • 13-40 ''Eric's Legend'' (ON 1347), Relief fleet • 13-43
St Christopher (ON 1350), • 13-46
Duke of Edinburgh (Civil Service No.53) (ON 1353), • 13-47
Robert and Catherine Steen (ON 1354), • 13-49
Lois Ivan (ON 1356),
Legacy • 13-44
George and Frances Phelon (ON 1351), • 13-57
Bobby Cameron (ON 1364), ==Shannon-class lifeboat fleet==