US | boating Families of 2 Boys Call Off Search Perry Cohen and Austin Stephanos went missing on July 27 By Neal Colgrass Posted Aug 9, 2015 5:30 PM CDT Copied Julia Wolf, 16, left, and Jordan Harley, right, both of Stuart, Fla., hold candles during a vigil for Austin Stephanos and Perry Cohen, Tuesday, July 28, 2015, in Stuart, Fla. (AP Photo/Lynne Sladky) The search is over: The families of Perry Cohen and Austin Stephanos say there's no point looking anymore, NBC News reports. The two 14-year-old boys vanished July 24 on a fishing trip off the coast of Jupiter, Fla., when summer storms struck the area. The subsequent search involved volunteers, the Coast Guard, and a fund that has raised almost $500,000. But the Coast Guard gave up last weekend, and now the families agree: "Absent new information, continuing the search is not practical," says a family spokesman in a statement. "Today, our hope becomes our prayer—that one day Perry and Austin will be returned to us." The families are creating a charitable foundation that will focus on educating teen boaters and helping them avoid accidents, NBC 5 Florida reports. Read These Next New Fox star, 23, misses first day after car troubles. White House rolls with Trump's 'daddy' nickname. Man accused of killing his daughters might be dead. Supreme Court ruling is a big blow to Planned Parenthood. Report an error