Windham Foundation
- Assets
- $18.6m
- Revenue
- $2.5m
- Investments
- $14.2m
- Employees
- 0
- Location
- Grafton, VT
- Founding
- 08/1964
- Data as of
- 03/2023
- EIN
- 13-6142024
Organization Overview
Windham Foundation is located in Grafton, VT. The organization was established in 1964. 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. Windham 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 03/2023, Windham Foundation generated $2.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (17.2%) each year. All expenses for the organization totaled $2.7m during the year ending 03/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Windham Foundation has awarded 447 individual grants totaling $1,491,445. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRESERVATION, RESTORATION AND MANAGEMENT OF HISTORICALLY AND CULTURALLY SIGNIFICANT PROPERTY IN GRAFTON AND OTHER VERMONT LOCATIONS, INCLUDING THE GRAFTON VILLAGE CHEESE COMPANY, THE GRAFTON INN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeffrey Smith Trustee | 2 | $0 | |
William Bruett Chairman | 8 | $0 | |
Ellen Lovell Secretary | 2 | $0 | |
Robin Stern Trustee | 2 | $0 | |
Suzanne Welch Treasurer | 4 | $0 | |
Robert Donald President/cfo | 40 | $200,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $484,547 |
| Interest on Savings | $226,942 |
| Dividends & Interest | $234,231 |
| Net Rental Income | $359,046 |
| Net Gain on Sale of Assets | $166,677 |
| Capital Gain Net Income | $166,677 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,063,007 |
| Total Revenue | $2,534,450 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $223,858 |
| Other employee salaries and wages | $488,159 |
| Pension plans, employee benefits | $346,531 |
| Interest | $39,778 |
| Taxes | $275,216 |
| Depreciation | $182,768 |
| Occupancy | $490,164 |
| Travel, conferences, and meetings | $6,869 |
| Printing and publications | $0 |
| Other expenses | $66,078 |
| Total operating and administrative expenses | $2,279,033 |
| Contributions, gifts, grants paid | $397,479 |
| Total expenses and disbursements | $2,676,512 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $122,066 |
| Savings and temporary cash investments | $42,962 |
| Net Accounts receivable | $617,336 |
| 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 | $7,410 |
| Prepaid expenses and deferred charges | $54,689 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $3,781,882 |
| Net Land, buildings, and equipment | $3,558,262 |
| Other assets | $0 |
| Total assets | $18,614,532 |
| Accounts payable and accrued expenses | $17,827 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $1,758,034 |
| Other liabilities | $344,619 |
| Total liabilities | $2,120,480 |
Grants Awarded
Over the last fiscal year, Windham Foundation has awarded $397,479 in support to 122 organizations.
| Grant Recipient | Amount |
|---|---|
WORCESTER HISTORICAL SOCIETY PURPOSE: SUPPORT FOR LOCAL ARTS AND ARTISANS FESTIVAL | $3,000 |
VERMONT WORKS FOR WOMEN PURPOSE: SUPPORT FOR TRADES AND CAREER EXPLORATION SUMMER CAMP AND AFTERSCHOOL PROGRAMS | $5,000 |
ADVANCE VERMONT PURPOSE: SUPPORT FOR CAREER-BOOSTING CREDENTIALS PRGORAM IN WINDHAM CTY | $7,500 |
FRIENDS OF VETERANS PURPOSE: FINANCIAL ASSISTANCE TO VETERANS FACING EVICTION AND OTHER FINANCIAL CHALLENGES | $3,000 |
BONNYVALE ENVIRON EDUCCENTER PURPOSE: FACILITIES UPDATES, INCL ADA COMPLIANCE | $5,000 |
THE WESTON PLAYHOUSE THEATER PURPOSE: LOCAL PERFORMANCE ORGANIZATION - GENERAL OPERATING EXPENSES | $1,000 |