Windover Foundation
- Assets
- $17.2m
- Revenue
- $590.4k
- Investments
- $15.7m
- Employees
- 0
- Location
- Boston, MA
- Founding
- 10/1999
- Data as of
- 07/2024
- EIN
- 04-6897800
Organization Overview
Windover Foundation is located in Boston, MA. The organization was established in 1999. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Windover Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 07/2024, Windover Foundation generated $590.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (12.9%) each year. All expenses for the organization totaled $1.2m during the year ending 07/2024. As we would expect to see with falling revenues, expenses have declined by (6.5%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Windover Foundation has awarded 144 individual grants totaling $8,959,335. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susanna Fuller Trustee | 0.25 | $0 | |
Thomas Hastings Trustee | 0.25 | $0 | |
Dr Diane Hastings Trustee | 0.25 | $0 | |
Name Not Listed Trustee | 4 | $0 | |
Name Not Listed Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $8,717 |
| Dividends & Interest | $569,792 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $11,902 |
| Capital Gain Net Income | $11,902 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $590,411 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,207 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $76 |
| Total operating and administrative expenses | $278,514 |
| Contributions, gifts, grants paid | $968,000 |
| Total expenses and disbursements | $1,246,514 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,463,754 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $4,162,122 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $17,193,903 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $250 |
| Total liabilities | $250 |
Grants Awarded
Over the last fiscal year, Windover Foundation has awarded $968,000 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
BOSTON NEIGHBORHOOD SUPPORT PURPOSE: GENERAL | $175,000 |
ARTSTREAM PURPOSE: GENERAL | $20,000 |
CAMBRIDGE COMMUNITY CENTER PURPOSE: GENERAL | $50,000 |
CHILDREN'S HOSPITAL PURPOSE: GENERAL | $90,000 |
GREAT POND MOUNTAIN CONSERVATION TRUST PURPOSE: GENERAL | $50,000 |
GULF OF MAINE RESEARCH INSTITUTE PURPOSE: GENERAL | $10,000 |