Form990-PF
Click to see attachment
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Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 04-01-2021 , and ending 03-31-2022
Name of foundation
THE WINDHAM FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 70
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
GRAFTON, VT05146
A Employer identification number

13-6142024
B Telephone number (see instructions)

(802) 843-2220
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$18,476,181J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 343,500
2 Check bullet.............
3 Interest on savings and temporary cash investments 216,599 216,599 216,599
4 Dividends and interest from securities... 208,508 208,508 208,508
5a Gross rents............ 374,896 374,896 374,896
b Net rental income or (loss) 374,896
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 269,550
b Gross sales price for all assets on line 6a 144,892
7 Capital gain net income (from Part IV, line 2)... 248,798
8 Net short-term capital gain......... 669
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 985,855 0 985,855
12 Total. Add lines 1 through 11........ 2,398,908 1,048,801 1,786,527
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 210,076 0 210,076 92,938
14 Other employee salaries and wages...... 423,951 0 423,951 187,556
15 Pension plans, employee benefits....... 239,985 0 239,985 106,169
16a Legal fees (attach schedule)......... Click to see attachment 6,982 0 6,982 0
b Accounting fees (attach schedule)....... Click to see attachment 21,350 0 21,350 0
c Other professional fees (attach schedule).... Click to see attachment 76,871 56,317 20,554 0
17 Interest............... 1,853 0 1,853 0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 288,074 0 288,074 127,444
19 Depreciation (attach schedule) and depletion... 215,518 0 215,518
20 Occupancy.............. 439,456 0 439,456 194,415
21 Travel, conferences, and meetings....... 3,602 0 3,602 3,602
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 68,787 0 68,787 44,816
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,996,505 56,317 1,940,188 756,940
25 Contributions, gifts, grants paid....... 333,106 333,106
26 Total expenses and disbursements. Add lines 24 and 25 2,329,611 56,317 1,940,188 1,090,046
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 69,297
b Net investment income (if negative, enter -0-) 992,484
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 755,554 367,773 367,773
2 Savings and temporary cash investments......... 54,317 48,072 48,072
3 Accounts receivable bullet45,730
Less: allowance for doubtful accounts bullet   72,814 45,730 45,730
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use.............. 13,087 5,555 5,555
9 Prepaid expenses and deferred charges.......... 57,976 49,035 49,035
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 10,668,420 Click to see attachment11,133,952 11,133,952
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 3,737,528 Click to see attachment2,976,684 2,976,684
14 Land, buildings, and equipment: basis bullet14,268,655
Less: accumulated depreciation (attach schedule) bullet10,419,275 4,050,100 3,849,380 3,849,380
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 19,409,796 18,476,181 18,476,181
Liabilities 17 Accounts payable and accrued expenses.......... 4,067 8,179
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)...... 27,112 64,206
22 Other liabilities (describe bullet) Click to see attachment490,606 Click to see attachment216,061
23 Total liabilities (add lines 17 through 22)......... 521,785 288,446
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 18,827,756 18,096,410
25 Net assets with donor restrictions............ 60,255 91,325
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 18,888,011 18,187,735
30 Total liabilities and net assets/fund balances (see instructions). 19,409,796 18,476,181
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
18,888,011
2
Enter amount from Part I, line 27a .....................
2
69,297
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
154,011
4
Add lines 1, 2, and 3 ..........................
4
19,111,319
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
923,584
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
18,187,735
Form 990-PF (2021)
Form 990-PF (2021)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a MERRILL LYNCH - 02852 ST      
b MERRILL LYNCH - 02852 LT      
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a       669
b       248,129
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       669
b       248,129
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 248,798
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3 669
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter: 1986-08-18(attach copy of letter if necessary–see instructions)
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3  
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 0
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 0
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 0
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 0
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet   RefundedBullet 11  
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bullet
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .Click to see attachment
    8b
     
    No
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    9
    Yes
     
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions Click to see attachment.............
    11
    Yes
     
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWWW.WINDHAM-FOUNDATION.ORG
    14
    The books are in care ofbulletROBERT DONALD Telephone no.bullet (802) 843-2220

    Located atbullet225 TOWNSHEND RD PO BOX 70GRAFTONVT ZIP+4bullet05146
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
    Yes
     
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
    Yes
     
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)? ......................
    1a(5)
     
    No
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
    No
    c
    ........bullet
    d
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2021? .............
    1d
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year? ..............................
    3a
    Yes
     
    b
    If "Yes," did it have excess business holdings in 2021 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2021.) .....................
    3b
     
    No
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
    5b
     
     
    c
    .........bullet
    d
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant? .................
    5d
     
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract? .............................
    6a
     
    No
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    7a
     
    No
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .........................
    8
     
    No
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    JEFFREY SMITH VICE PRESIDENT
    2.00     		0 0 0
    PO BOX 70
    GRAFTON,VT05146
    WILLIAM BRUETT CHAIRMAN
    8.00     		0 0 0
    PO BOX 70
    GRAFTON,VT05146
    ELLEN LOVELL SECRETARY
    2.00     		0 0 0
    PO BOX 70
    GRAFTON,VT05146
    ROBIN STERN TRUSTEE
    2.00     		0 0 0
    PO BOX 70
    GRAFTON,VT05146
    SUZANNE WELCH TREASURER
    4.00     		0 0 0
    PO BOX 70
    GRAFTON,VT05146
    ROBERT DONALD PRESIDENT/CFO
    40.00     		203,220 0 14,339
    PO BOX 70
    GRAFTON,VT05146
    ROBERT REESE TRUSTEE
    2.00     		0 0 0
    PO BOX 70
    GRAFTON,VT05146
    DENNIS D'AMICO TRUSTEE
    2.00     		0 0 0
    PO BOX 70
    GRAFTON,VT05146
    ALAN YUSPEH TRUSTEE
    2.00     		0 0 0
    PO BOX 70
    GRAFTON,VT05416
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    KARL LAUREN FACILITY MANAGER
    40.00     		76,344 0 7,275
    PO BOX 70
    GRAFTON,VT05146
    PAULA JOHNSON HR MANAGER
    40.00     		69,279 0 14,339
    PO BOX 70
    GRAFTON,VT05416
    BECKY REILLY OFFICE MANAGER
    40.00     		53,641 0 19,515
    PO BOX 70
    GRAFTON,VT05146
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part VIII-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 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. 1,090,046
    2  
    3  
    4  
    Part VIII-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    10,952,381
    b
    Average of monthly cash balances.......................
    1b
    560,517
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    11,512,898
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    11,512,898
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    172,693
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    11,340,205
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    567,010
    Part X
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part IX, line 6..................
    1
     
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
     
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
     
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
     
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
     
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
     
    Part XI
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
     
    b
    Program-related investments—total from Part VIII-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4.
    4
     
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 9
    Part XII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2020     		(c)
    2020     		(d)
    2021
    1 Distributable amount for 2021 from Part X, line 7  
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017......  
    c From 2018......  
    d From 2019......  
    e From 2020......  
    f Total of lines 3a through e ........  
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 0
    a Applied to 2020, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2021 distributable amount..... 0
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2021. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018....  
    c Excess from 2019....  
    d Excess from 2020....  
    e Excess from 2021....  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet
    1972-01-24
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2021 (b) 2020 (c) 2019 (d) 2018
    0 111,904 384,561 0 496,465
    b 85% (0.85) of line 2a ......... 0 95,118 326,877 0 421,995
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....     		1,090,046 1,156,114 1,245,442 1,241,438 4,733,040
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		0 0 0 0 0
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		1,090,046 1,156,114 1,245,442 1,241,438 4,733,040
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......         0
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		         0
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part IX, line 6 for each year listed ..     		378,007 326,641 297,243 484,048 1,485,939
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		        0
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		        0
    (3) Largest amount of support
    from an exempt organization    		         0
    (4) Gross investment income         0
    Part XIV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    THE WINDHAM FOUNDATION - ATTN MR RO
    PO BOX 70
    GRAFTON,VT05146
    (802) 843-2220
    bThe form in which applications should be submitted and information and materials they should include:
    THE FOUNDATION HAS AN APPLICATION FORM AND GUIDELINES AVAILABLE ON ITS WEBSITE. GRANTS ARE AWARDED IN QUARTERLY CYCLES - THE DEADLINES FOR EACH QUARTER ARE LISTED ON THE WEBSITE. INFORMATION REQUIRED INCLUDES A DESCRIPTION AND BUDGET OF THE PROJECT, OTHER FUNDING SOURCES, AND THE LATEST AVAILABLE FINANCIAL STATEMENTS FOR THE APPLICANT.
    cAny submission deadlines:
    QUARTERLY ON WEBSITE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    THE WINDHAM FOUNDATION LIMITS ITS GRANTS TO ORGANIZATIONS THAT ARE TAX-EXEMPT ORGANIZATIONS PER THE INTERNAL REVENUE SERVICE. THROUGH ITS GRANT MAKING, THE WINDHAM FOUNDATION SEEKS TO SUPPORT ORGANIZATIONS CONCERNED WITH THE NEEDS AND QUALITY OF LIFE OF VERMONTERS. THOSE ORGANIZATIONS INCLUDE, BUT ARE NOT LIMITED TO, THOSE DEALING WITH: AGRICULTURAL PRESERVATION AND FOOD SYSTEMS; DISADVANTAGED YOUTH; ENVIRONMENTAL ENHANCEMENT; EDUCATION IN THE BROADER SENSE; PROMOTION OF THE ARTS, CRAFTS AND VERMONT TRADITIONS; MEETING BASIC HUMAN NEEDS; HISTORIC PRESERVATION WHERE IT SERVES A BROADER COMMUNITY PURPOSE; NATURAL LANDSCAPE PRESERVATION AND RECREATION.
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    350 VERMONT INC
    239 S UNION ST
    BURLINGTON,VT05401     		N/A PC TREE-PLANITN PROJECT, FOR CLIMATE, FOOD, AND ECONOMIC JUSTICE 2,500
    ALANA COMMUNITY ORGANIZATION
    18 TOWN CRIER DRIVE
    BRATTLEBORO,VT05301     		N/A PC GENERAL OPERATING SUPPORT 500
    ALPORT SYNDROME FOUNDATION
    PO BOX 4130
    SCOTTSDALE,AZ85261     		N/A PC SUPPORT FOR RESEARCH 300
    AMER CHEESE EDUC FOUNDATION
    2696 S COLORADO BLVD
    DENVER,CO80222     		N/A PC EDUCATION REGARDING CHEESE PRODUCTS 2,500
    AMERICAN TINNITUS ASSOCIATION
    8300 BOONE BLVD SUITE 500
    VIENNA,VA22182     		N/A PC SUPPORT FOR RESEARCH 200
    ART IN THE NEIGHBORHOOD
    62 WEST ST
    BRATTLEBORO,VT05301     		N/A PC PAY TEACHING STAFF FOR PLANNING, IMPLEMENT. OF PERM. MURALS.AT COMMUNITIES 3,000
    ARTS BUS
    67 N MAIN ST
    RANDOLPH,VT05060     		N/A PC EVER AFTER KIDS PROGRAM - MOBILE PROGRAM FOR AT-RISK KIDS 4,000
    BARNARTS CENTER FOR THE ARTS COMPANY INC
    PO BOX 41
    BARNARD,VT05031     		N/A PC SUPPORT FOR MUSIC PROGRAMMING 5,000
    BENNINGTON COUNTY COALITION FOR THE HOMELESS
    PO BOX 4736
    BENNINGTON,VT05201     		N/A PC SERVICES TO HOMELESS 5,000
    BONNYVALE ENVIRON EDUCCENTER
    PO BOX 2318
    WEST BRATTLEBORO,VT05303     		N/A PC FOREST CLASSROOM PROGAM SUPPORT 4,000
    BRATTLEBORO MUSEUM & ART
    10 VERNON STREET
    BRATTLEBORO,VT05301     		N/A PC ART MUSEUM -GENERAL OPERATING SUPPORT 8,000
    BRATTLEBORO MUTUAL AID ASSOCIATION INC
    80 MAPLE STREET
    BRATTLEBORO,VT05301     		N/A PC SENIOR AGING PROGRAMS 5,000
    BROAD BROOK COMMUNITY CENTER
    236 SCHOOL ROAD
    GUILFORD,VT05301     		N/A PC UPGRADES TO COMMUNITY CENTER 5,000
    CANTERBURY SCHOOL
    8141 COLLEGE PARKWAY
    FORT MYERS,FL33919     		N/A PC SCHOOL -GENERAL OPERATING SUPPORT, FINANCIAL AID 2,500
    THE UNIVERSITY OF VERMONT MEDICAL CENTER FOUNDATION
    111 COLCHESTER AVE
    BURLINGTON,VT05401     		N/A PC GENERAL SUPPORT 2,500
    CENTRAL VT ADULT BASIC EDUC
    46 WASHINGTON STREET SUITE 100
    BARRE,VT05641     		N/A PC FREE, PERSONALIZED AND GOAL-DRIVEN EDUC. PROGRAMMING TO ALL ADULT STUDENTS. 3,500
    CRAFT EMERGENCY RELIEF FUND INC
    535 STONE CUTTERS WAY SUITE 202
    MONTPELIER,VT05602     		N/A PC GOAL-DRIVEN EDUC. PROGRAMMING FOR ADULT STUDENTS 500
    CHARLOTTE FIRE AND RESCUE
    PO BOX 85
    CHARLOTTE,VT05445     		N/A PC LOCAL FIRE AND RESCUE SERVICES - GENERAL OPERATING SUPPORT 300
    CHARLOTTE FOOD BANK
    421 CHURCH HILL ROAD
    CHARLOTTE,VT05445     		N/A PC LOCAL FOOD BANK 550
    CHARLOTTE LAND TRUST
    PO BOX 43
    CHARLOTTE,VT05445     		N/A PC LAND CONSERVATION PROGRAMS 1,500
    CITY HARVEST
    6 EAST 32ND STREET 5TH FLOOR
    NEW YORK,NY10016     		N/A PC SUPPORT FOR FOOD PROGRAMS 2,000
    COLD HOLLOW TO CANADA INC
    PO BOS 406
    MONGOMERY CTR,VT05471     		N/A PC COMMUNITY OUTREACH EVENTS TO BUILD LOCAL SUPPORT FOR FOREST CONSERVATION 3,000
    COMM HARVEST OF C VERMONT -
    146 LORD ROAD
    BERLIN,VT05602     		N/A PC INCREASE FOOD PROGRAM CAPACITY 3,500
    COMMON ROOTS INC
    PO BOX 9335
    SOUTH BURLINGTON,VT05407     		N/A PC SUPPORT FOR FOOD PROGRAMS 5,000
    COMPOSTING ASSOCIATION OF VERMONT
    PO BOX 643
    HINESBURG,VT05461     		N/A PC WEBINAR, TRAINING, SURVERYS ICW COMPOSTING 5,000
    CONNECTICUT RIVER WATERSHED COUNCIL INC
    15 BANK ROW
    GREENFIELD,MA01301     		N/A PC EDUC. PROGRAMS RE DAM RELICENSING 7,500
    COMMITTEE ON TEMPORARY SHELTER INC
    PO BOX 1616
    BURLINGTON,VT05402     		N/A PC HOMELESS PROGRAMS 250
    CROSS VERMONT TRAIL ASSOCIATION INC
    29 MAIN STREET SUITE 4
    MONTPELIER,VT05602     		N/A PC SUPPORT FOR FOOD PROGRAMS 5,000
    EPSILON SPIRES INC
    190 MAIN ST
    BRATTLEBORO,VT05301     		N/A PC PERFORMANCE UNDERWRITING 2,500
    FLOW OF HISTORY INC
    729 UNION VILLAGE ROAD
    NORWICH,VT05055     		N/A PC GENERAL OPERATING SUPPORT FOR TEACHER TRAINING PROGRAM 10,000
    FOODSHARE
    450 WOODLAND AVENUE
    BLOOMFILELD,CT06002     		N/A PC SUPPORT FOR FOOD PROGRAMS 3,000
    FRIENDS OF CHARLOTTE LIBRARY INC
    PO BOX 344
    CHARLOTTE,VT05445     		N/A PC GENERAL SUPPORT 100
    FRIENDS OF THE CHARLOTTE NEWS INC
    PO BOX 211
    CHARLOTTE,VT05445     		N/A PC GENERAL SUPPORT 100
    FRIENDS OF VETERANS
    28 FARMVU DRIVE SUITE 3
    WHITE RIVER JUNCTION,VT05059     		N/A PC FINACIAL ASSISTANCE TO VETERANS FACING EVICTION AND OTHER FINANCIAL CHALLENGES 3,000
    GIRLS ON THE RUN VERMONT
    188 ALLEN BROOK LANE
    WILLISTON,VT05495     		N/A PC PROGRAMMING FOR GIRLS THROUGHOUT VERMONT 2,500
    GODDARD COLLEGE
    123 PITKIN ROAD
    PLAINFIELD,VT05667     		N/A PC GENERAL SUPPORT 1,000
    GOVERNOR'S INSTITUTES OF VT
    25 HUBBARD STREET
    MONTPELIER,VT05602     		N/A PC ANNUAL HIGH SCHOOLER LEADERSHIP AND DEVELOPMENT PROGRAM 4,000
    GRACE COTTAGE FOUNDATION
    185 GRAFTON ROAD
    TOWNSHEND,VT05353     		N/A PC GENERAL OPERATING SUPPORT TO LOCAL COMMUNITY HOSPITAL 2,000
    GRAFTON CARES
    PO BOX 134
    GRAFTON,VT05146     		N/A PC LOCAL COSICAL SERVICES - FOOD, TRANSPORTATION 1,000
    GRAFTON COMMUNITY CHURCH
    55 MAIN ST
    GRAFTON,VT05146     		N/A PC GENERAL SUPPORT 1,500
    GRAFTON FIREMEN'S ASSOC INC
    PO BOX 191
    GRAFTON,VT05146     		N/A PC LOCAL FIRE SERVICES -GENERAL OPERATING SUPPORT 12,176
    GRAFTON FUND
    PO BOX 70
    GRAFTON,VT05146     		N/A PC SUPPORT FOR LOCAL NON-PROFITS 8,000
    GRAFTON HISTORICAL SOCIETY
    PO BOX 202
    GRAFTON,VT05146     		N/A PC LOCAL HISTORICAL MUSEUM -GENERAL OPERATING SUPPORT 1,500
    GRAFTON PUBLIC LIBRARY
    PO BOX 129
    GRAFTON,VT05146     		N/A PC LOCAL LIBRARY -GENERAL OPERATING SUPPORT 2,930
    GRAFTON RESCUE SQUAD
    PO BOX 54
    GRAFTON,VT05146     		N/A PC LOCAL RESCUE SERVICES -GENERAL OPERATING SUPPORT 3,500
    GREEN MOUNTAIN CAMP INC
    565 GREEN MOUNTAIN CAMP ROAD
    DUMMERSTON,VT05301     		N/A PC GENERAL OPERATIN GSUPPORT FOR GIRLS SUMMER CAMP 1,000
    GREEN MOUNTAIN RECOVERY FOUNDATION
    141 WEST STREET
    RUTLAND,VT05701     		N/A PC PEER RECOVERY PROGRAMS FOR ADDICTION POPULATION 5,000
    GROUNDWORKS COLLABERATIVE
    PO BOX 370
    BRATTLEBORO,VT05301     		N/A PC FOOD AND HOMELESSNESS SERVICES 750
    HARRIS HILL SKI JUMP INC
    PO BOX 8284
    BRATTLEBORO,VT05304     		N/A PC GENERAL OPERATING SUPPORT - ANNUAL SKI-JUMP EVENT 1,500
    HATCH INC
    PO BOX 1526
    BRATTLEBORO,VT05302     		N/A PC GENERAL SUPPORT 5,000
    INTERVALE CENTER INC
    180 INTERVALE ROAD
    BURLINGTON,VT05401     		N/A PC SUPPORT FOR FOOD PROGRAMS 3,500
    LAKE CHAMPLAIN COMMITTEE
    208 FLYNN AVENUE 3F
    BURLINGTON,VT05401     		N/A PC CONSERVATION AND CLEAN-UP PROGRAMS 200
    LATCHIS ARTS
    50 MAIN STREET
    BRATTLEBORO,VT05301     		N/A PC LOCAL ARTS ORGANIZATION - GENERAL OPERATING SUPPORT 750
    LET'S GROW KIDS
    19 MARBLE AVENUE SUITE 4
    BURLINGTON,VT05301     		N/A PC HIGH-QUALITY CHILD CARE FOR VERMONT CHILDREN-TRAINING, TECH ASSISTANCE, GRANTMAKING TO CHILD CARE PROG. 7,500
    LONDONDERRY ARTS & HISTORICAL SOCIETY INC
    PO BOX 366
    LONDONDERRY,VT05148     		N/A PC RESTORATION OF HISTORIC BUILDINGS 3,000
    LUND FAMILY CENTER INC
    76 GLEN ROAD
    BURLINGTON,VT05406     		N/A PC GENERAL OPERATING SUPPORT - FAMILY PROGRAMS 5,000
    MARLBORO MUSIC SCHOOL AND FESTIVAL
    1528 WALNUT STREET NO 301
    PHILADELPHIA,PA19102     		N/A PC GENERAL OPERATING SUPPORT 2,500
    MONTCLAIR KIMBERLY ACADEMY FDN
    201 VALLEY ROAD
    MONTCLAIR,NJ07042     		N/A PC SCHOOL -GENERAL OPERATING SUPPORT, FINANCIAL AID 500
    MUSIC TO LIFE INC
    PO BOX 409
    WILDER,VT05088     		N/A PC WEEKEND INCUBATOR PROGRAM FOR VT-BASED MUICIAN ENTREPRENEURS 3,000
    NATURE MUSEUM AT GRAFTON
    186 TOWNSHEND ROAD
    GRAFTON,VT05146     		N/A PC CONSTRUCTION OF EDUCATIONAL STRUCTURE 1,000
    NEIGHBORHOOD CONNECTIONS
    PO BOX 207
    LONDONDERRY,VT05148     		N/A PC PURCHASE OF ADA-COMPLIANT VEHICLE FOR COMMUNITY PROGRAMS 5,000
    NEW ENGLAND YOUTH THEATER INC
    100 FLAT STREET
    BRATTLEBORO,VT05301     		N/A PC GENERAL OPERATING SUPPORT - YOUTH DRAMA ORGANIZATION 1,000
    NEXT STAGE ARTS PROJECT
    15 KIMBALL HILL
    PUTNEY,VT05346     		N/A PC LOCAL ARTS ORGANIZATION - GENERAL OPERATING SUPPORT 2,500
    NORTHEAST ORGANIC FARMIN ASSOCIATION OF VERMONT
    PO BOX 697
    RICHMOND,VT05477     		N/A PC FOOD PROGRAMS FOR LIMITED-INCOME VERMONTERS 3,000
    NORTH COUNTRY SUPERVISORY UNION
    121 DUCHESS AVE
    NEWPORT,VT05855     		N/A PC SCHOOL EDUC. FIELD-TRIPS 5,000
    NORTHEASTERN VERMONT REGIONAL HOSPITAL INC
    714 BREEZY HILL ROAD
    ST JOHNSBURY,VT05819     		N/A PC HEALTH SERVICES 3,000
    PAWLET PUBLIC LIBRARY
    141 SCHOOL ST
    PAWLET,VT05761     		N/A PC DIGITAL LITERACY PROGRAM FOR OLDER ADULTS 3,500
    RARITAN HEADWATERS ASSOCIATION
    PO BOX 273
    GLADSTONE,NJ07934     		N/A PC WATER CONSERVATION 500
    RICH EARTH INSTITUTE
    44 FULLER DRIVE
    BURLINGTON,VT05301     		N/A PC BUILDING PURCHASE AND RENOVATION 3,000
    RIVER GALLERY SCHOOL INC
    32 MAIN STREET
    BRATTLEBORO,VT05301     		N/A PC LOCAL ARTS ORGANIZATION - GENERAL OPERATING SUPPORT 3,250
    RURAL WOMEN LEADERSHIP INSTITUTE OF VERMONT
    138 MARLBORO AVE
    BRATTLEBORO,VT05301     		N/A PC GENERAL SUPPORT 3,000
    SANDGLASS THEATER
    PO BOX 970
    PUTNEY,VT05346     		N/A PC SUPPORT OF ANNUAL PUPPETS IN THE GREEN MOUNTAINS FESTIVAL 4,000
    SANIBEL-CAPTIVA CONSERVATION FOUNDATION
    PO BOX 839
    SANIBEL,FL33957     		N/A PC GNERAL SUPPORT FOR CONSERVATION ORGANIZATION 100
    SCRAG MOUNTAIN MUSIC
    4996 HOLLISTER HILL ROAD
    MARSHFIELD,VT05658     		N/A PC ARTIST FEES FOR PERFORMANCE SEASON 4,000
    SHELBURNE FARMS
    1611 HARBOR ROAD
    SHELBURNE,VT05482     		N/A PC EDUCATION NONPROFIT 7,000
    SHELBURNE MUSEUM INC
    6000 SHELBURNE ROAD
    SHELBURNE,VT05482     		N/A PC EXHIBITION-RELATED EXPENSES FOR SECOND PART OF BIENNIAL EXHIBITION 250
    SOCIETY OF VERMONT ARTISTS AND CRAFTSMEN
    611 ROUTE 103 SOUTH
    LUDLOW,VT05149     		N/A PC BUILDING RESTORATION AND REOPENING 3,500
    SOUTH HERO LAND TRUST
    106 COMMUNITY ROAD
    SOUTH HERO,VT05486     		N/A PC LAND CONSERVATION PROGRAMS 10,000
    SOUTHERN VERMONT ARTS CENTER INC
    PO BOX 617
    MANCHESTER,VT05254     		N/A PC BACKPACKS WITH CURATED ART MATERIALS AND LESSONS IN HIGH NEED SCHOOLS 3,000
    ST LAWRENCE UNIVERSITY
    23 ROMODA DRIVE
    CANTON,NY13617     		N/A PC GENERAL OPERATING SUPPORT, FINANCIAL AID 6,000
    THE WESTON PLAYHOUSE THEATER
    703 MAIN STREET
    WESTON,VT05161     		N/A PC LOCAL PERFORMANCE ORGANIZATION - GENERAL OPERATING EXPENSES 1,500
    TURNING POINT
    7 MORGAN STREET
    SPRINGFIELD,VT05156     		N/A PC PEER RECOVERY COACHING AND SUPPORT PROGRAMS 5,000
    UPPER VALLEY TRAILS ALLIANCE
    PO BOX 1215
    NORWICH,VT05055     		N/A PC GENERAL OPERATING SUPPORT FOR TRAIL BUILDING AND JOB TRAINING EXPERIENCE 4,000
    VALLEY CARES
    PO BOX 341
    TOWNSHEND,VT05353     		N/A PC NON-PROGIT SENIOR HOUSING 500
    VERMONT FOLKLIFE CENTER
    88 MAIN STREET
    MIDDLEBURY,VT05753     		N/A PC GENERAL OPERATING SUPPORT 3,300
    VERMONT FOODBANK
    33 PARKER ROAD
    BARRE,VT05641     		N/A PC SUPPORT FOR FOOD PROGRAMS 2,500
    VERMONT GRANITE MUSEUM OF BARRE INC
    PO BOX 282
    BARRE,VT05641     		N/A PC PRESERVATION OF HISTORIC GRANITE INDUSTRY FILMS 3,000
    VERMONT INDEPENDENT MEDIA INC
    139 MAIN STREET
    BRATTLEBORO,VT05301     		N/A PC GENERAL OPERATING SUPPORT 500
    VERMONT INTERFAITH ACTION
    152 PEARL STREET
    BURLINGTON,VT05401     		N/A PC ORGANIZING WORK IN FOUR REGIONS OF VERMONT, IDENTIFY ISSUES, UNCOVER SOLUTIONS 5,000
    VERMONT JAZZ CENTER
    72 COTTON MILL STUDIO 222
    BRATTLEBORO,VT05301     		N/A PC LOCAL ARTS ORGANIZATION - GENERAL OPERATING SUPPORT 750
    VERMONT LAND TRUST
    8 BAILEY AVENUE
    MONTPELIER,VT05602     		N/A PC LAND CONSERVATION PROGRAMS 100
    VERMONT PARKS FOREVER INC
    PO BOX 815
    MONTPELIER,VT05601     		N/A PC GENERAL OPERATING SUPPORT 1,500
    VERMONT PUBLIC RADIO
    365 TROY AVENUE
    COLCHESTER,VT05446     		N/A PC GENERAL OPERATING SUPPORT 1,500
    VERMONT RELEAF COLLECTIVE
    3 PITKIN CT 301
    MONTPELIER,VT05602     		N/A PC GENERAL OPERATING SUPPORT FOR COMMUNITY BUILDING AND SUPPORT WORK 4,000
    VERMONT RIVER CONSERVANCY
    29 MAIN STREET NO 11
    MONTPELIER,VT05602     		N/A PC GENERAL OPERATING SUPPORT - ORGANIZATION FOCUSED ON VERMONT RIVERS CONSERVATION 1,000
    VERMONT STUDIO CENTER
    PO BOX 613
    JOHNSON,VT05656     		N/A PC GENERAL OPERATING SUPPORT - ARTS ORGANIZATION 1,000
    VERMONT SYMPHONY ORCHESTRA
    2 CHURCH STREET
    BURLINGTON,VT05401     		N/A PC PERFORMANCE UNDERWRITING 7,000
    VERMONT WORKS FOR WOMEN
    32A MALLETTS BAY AVENUE
    WINOOSKI,VT05404     		N/A PC SUPPORT FOR TRADES AND CAREER EXPLORATION SUMMER CAMP AND AFTERSCHOOL PROGRAMS 5,000
    VERMONT COUNCIL ON RURAL DEVELOPMENT
    PO BOX 1384
    MONTPELIER,VT05601     		N/A PC LOCAL COMMUNITY PLANNING PROGRAMS 2,000
    VERMONT MUSEUM OF NATURAL HISTORY
    7599 VERMONT ROUTE 9
    WEST MARLBORO,VT05363     		N/A PC GENERAL OPERATING SUPPORT TO EXPAND PROGRAMS 3,000
    VERMONT YOUTH ORCHESTRA ASSOCIATION INC
    223 ETHAN ALLEN AVENUE
    COLCHESTER,VT05446     		N/A PC EXPANDED ACCESS INITIATIVES FOR CLASSICAL MUSIC 4,000
    WELLS COLLEGE
    170 MAIN STREET
    AURORA,NY13026     		N/A PC GENERAL SUPPORT 250
    WINDHAM SOUTH EAST SUPERVISORY UNION
    53 GREEN ST
    BRATTLEBORO,VT05301     		N/A PC PROGRAM SUPPORT 5,000
    WINDMILL HILL PINNACLE ASSOCIATION
    PO BOX 584
    SAXTONS RIVER,VT05154     		N/A PC LAND ACQUISITION 8,000
    WINSTON PROUTY CENTER FOR CHILD DEVELOPMENT INC
    20 WINSTON PROUTY WAY
    BRATTLEBORO,VT05301     		N/A PC PURCHASE OF EQUIPMENT AND SUPPLIES FOR HOME VISITING NURSES PROGRAMS 3,000
    WOMENS COMMUNITY CLUB OF GRAFTON VT INC
    2931 ROUTE 121 E
    GRAFTON,VT05146     		N/A PC SCHOLARSHIP PROGRAMS 1,000
    YELLOW BARN
    PO BOX 507
    PUTNEY,VT05346     		N/A PC SUPPORT OF 12-WEEK TOUR DURING COVID FOR UPLIFT TO NURSING HOMES, REITREMENT FACILITIES, ETC. 1,000
    YOUNG TRADITIONS VERMONT
    PO BOX 163
    FAIRFAX,VT05454     		N/A PC YOUTH MUSIC AND PERFORMANCE ORGANIZATION 500
    ZACK'S PLACE ENRICHMENT CENTER
    PO BOX 634
    WOODSTOCK,VT05091     		N/A PC WHEELCHAIR ACCESS FOR PERFORMANCES 1,000
    Total .................................bullet 3a 333,106
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments ....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 216,599  
    4 Dividends and interest from securities ....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....     16 374,896  
    6 Net rental income or (loss) from personal property          
    7 Other investment income .....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 269,550  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aMISCELLANEOUS INCOME     		        490
    bSUBSIDIARY REIMBURSEMENT/MANAGEMENT FEES         985,365
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 0 1,069,553 985,855
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    2,055,408
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    11 FUEL SALES AND MISCELLANEOUS INCOME ARE PART OF THE ORGANIZATIONS OPERATIONS. THE SUBSIDIARY REIMBURSMENT OF EXPENSES ARE FROM RELATED OPERATING ENTITIES MANAGED AND PAID BY THE WINDHAM FOUNADATION.
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2021)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2021
    Name of the organization
    THE WINDHAM FOUNDATION INC
     
    Employer identification number

    13-6142024
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990) (2021)
    Schedule B (Form 990) (2021) Page 2
    Name of organization
    THE WINDHAM FOUNDATION INC
          		Employer identification number
    13-6142024
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    THE VERMONT COMMUNITY FOUNDATION
     
    3 COURT STREET
     
    MIDDLEBURY, VT05753

    		$ 335,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 3
    Name of organization
    THE WINDHAM FOUNDATION INC
          		Employer identification number

    13-6142024
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 4
    Name of organization
    THE WINDHAM FOUNDATION INC
          		Employer identification number

    13-6142024
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990) (2021)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2021 AccountingFeesSchedule
    Name:
    THE WINDHAM FOUNDATION INC
    EIN:
    13-6142024
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 21,350 0 21,350 0

    TY 2021 ExplnOfNonFilingWithAGStmt
    Name:
    THE WINDHAM FOUNDATION INC
    EIN:
    13-6142024
    Statement:
    VERMONT ATTORNEY GENERAL DOES NOT REQUIRE COPIES OF THE 990-PF.

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2021 GainLossSaleOtherAssetsSch
    Name:
    THE WINDHAM FOUNDATION INC
    EIN:
    13-6142024
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    SALE OF FIXED ASSETS   PURCHASED     144,892 454,151 COST 0 20,752 330,011

    TY 2021 GeneralExplanationAttachment
    Name:
    THE WINDHAM FOUNDATION INC
    EIN:
    13-6142024
    Identifier Return Reference Explanation
    LIST OF CONTROLLED ENTITIES AND TRANSFERS FORM 990-PF, PART VII-A, LINE 11 NAME OF CONTROLLED ENTITYTOWNSEND VERMONT HOLDINGS, INC. (EIN 27-0034707)P.O. BOX 70GRAFTON, VT 05146THIS ENTITY IS NOT AND EXCESS BUSINESS HOLDING COMPANY.DESCRIPTION OF TRANSFERRENT, MANAGEMENT FEES, MAINTENANCE & DIRECT EXPENSES REIMBURSEMENTS PAID TO THE WINDHAM FOUNDATION IN THE AMOUNT OF $1,239,561.INTEREST INCOME IN THE AMOUNT OF $216,593.

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    THE WINDHAM FOUNDATION INC
    EIN:
    13-6142024
    Name of Stock End of Year Book Value End of Year Fair Market Value
    MUTUAL FUNDS 11,133,952 11,133,952

    TY 2021 InvestmentsOtherSchedule2
    Name:
    THE WINDHAM FOUNDATION INC
    EIN:
    13-6142024
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    INVESTMENT IN AND ADVANCES TO SUBSIDIARY AT COST 2,976,684 2,976,684

    TY 2021 LegalFeesSchedule
    Name:
    THE WINDHAM FOUNDATION INC
    EIN:
    13-6142024
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 6,982 0 6,982 0


    TY 2021 OtherDecreasesSchedule
    Name:
    THE WINDHAM FOUNDATION INC
    EIN:
    13-6142024
    Description Amount
    EQUITY IN EARNINGS/LOSS SUBS 923,584


    TY 2021 OtherExpensesSchedule
    Name:
    THE WINDHAM FOUNDATION INC
    EIN:
    13-6142024
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OFFICE EXPENSE 42,297 0 42,297 18,712
    BLACKSMITH PROJECT 692 0 692 306
    NURSERY EXPENSE 16,473 0 16,473 16,473
    MISC EXPENSE - ACTIVITY 2,458 0 2,458 2,458
    LICENSES, FILINGS 1,394 0 1,394 1,394
    DAISY TURNER PROJECT 5,473 0 5,473 5,473


    TY 2021 OtherIncomeSchedule2
    Name:
    THE WINDHAM FOUNDATION INC
    EIN:
    13-6142024
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    MISCELLANEOUS INCOME 490   490
    SUBSIDIARY REIMBURSEMENT/MANAGEMENT FEES 985,365   985,365


    TY 2021 OtherIncreasesSchedule
    Name:
    THE WINDHAM FOUNDATION INC
    EIN:
    13-6142024
    Description Amount
    UNREALIZED GAIN ON INVESTMENTS 58,577
    CURRENT YEAR CHANGE IN PERSON OBLIGATION 95,434


    TY 2021 OtherLiabilitiesSchedule
    Name:
    THE WINDHAM FOUNDATION INC
    EIN:
    13-6142024
    Description Beginning of Year - Book Value End of Year - Book Value
    OTHER ACCRUED EXPENSES 490,606 216,061


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    THE WINDHAM FOUNDATION INC
    EIN:
    13-6142024
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CONSULTING & INVESTMENT MANAGEMENT FEES 76,871 56,317 20,554 0


    TY 2021 TaxesSchedule
    Name:
    THE WINDHAM FOUNDATION INC
    EIN:
    13-6142024
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL TAXES 42,976 0 42,976 19,013
    REAL ESTATE TAXES 245,098 0 245,098 108,431


    TY 2021 TransfersFrmControlledEntities
    Name:
    THE WINDHAM FOUNDATION INC
    EIN:
    13-6142024
    Name US /
    Foreign Address    		 EIN Description Amount
    TOWNSEND VERMONT HOLDINGS INC PO BOX 70
    GRAFTON,VT05146     		27-0034707 RENT, MANAGEMENT FEES, MAINTENANCE & DIRECT EXPENSE REIMBURSMENTS PAID TO THE WINDHAM FOUNDATION 0
    Total     1,456,154