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      <Desc>SHELBURNE FARMS' MISSION IS TO INSPIRE AND CULTIVATE LEARNING FOR A SUSTAINABLE FUTURE. THE NONPROFIT OFFERS LEARNING EXPERIENCES THAT ARE GROUNDED IN PLACE AND ENRICHED BY NATURE TO HELP EDUCATORS AND STUDENTS CREATE A MORE THRIVING WORLD. THE ORGANIZATION'S HOME CAMPUS IS A 1,400- ACRE DIVERSIFIED WORKING FARM LOCATED IN SHELBURNE, VERMONT ON THE HOMELANDS OF THE WINOOSKIK BAND OF THE ABENAKI. THE FARM IS A NATIONAL HISTORIC LANDMARK AND SERVES AS A LIVING CLASSROOM THAT INVITES PROGRAM PARTICIPANTS, VISITORS, AND OVERNIGHT GUESTS TO LEARN, GROW, AND BE INSPIRED. SHELBURNE FARMS REALIZES ITS MISSION THROUGH PROGRAMS OFFERED UNDER THE UMBRELLA OF EDUCATION FOR SUSTAINABILITY. OUR WORK SEEKS TO CREATE SPACE, SPARK CONVERSATIONS, AND SHARE STORIES TO INSPIRE EDUCATORS, STUDENTS, AND LEARNERS OF ALL AGES TO BUILD A BETTER FUTURE FOR EVERYONE. THROUGH ITS DIVERSE PORTFOLIO OF PROGRAMS AND ACTIVITIES, SHELBURNE FARMS: ENGAGES YOUTH AND PEOPLE OF ALL AGES IN LEARNING EXPERIENCES THAT INSPIRE THEM TO BUILD RESILIENT AND CARING COMMUNITIES; PRACTICES STEWARDSHIP AND EMBODIES VALUES OF PLACE AND COMMUNITY THROUGH CARING FOR AND SHARING OUR NATURAL, AGRICULTURAL, CULTURAL, AND HUMAN RESOURCES; AND COLLABORATES WITH EDUCATORS AND OTHER LOCAL, NATIONAL AND INTERNATIONAL PARTNERS TO ADVANCE EDUCATION FOR SUSTAINABILITY WORLDWIDE. SHELBURNE FARMS IS SUPPORTED BY CHARITABLE CONTRIBUTIONS, TUITION, FEES AND ADDITIONAL REVENUE FROM ITS MISSION ADVANCING ENTERPRISES, INCLUDING A GRASS-BASED DAIRY AND AWARD-WINNING FARMSTEAD CHEESE MAKING OPERATION, AN ORGANIC MARKET GARDEN, MAPLE SUGARING AND LUMBER OPERATION, SPECIAL EVENTS, YEAR-ROUND GUEST ACCOMMODATIONS, AND FARM-TO-TABLE FOOD SERVICES. FOLLOWING THE GIFT OF THE PROPERTY TO THE NONPROFIT IN 1984, GROWING PROGRAMS AND IMPROVING THE HISTORIC PROPERTY AS AN INSPIRING CAMPUS FOR LEARNING HAVE BEEN ONGOING ENDEAVORS. IN ITS 52ND YEAR AS AN EDUCATIONAL NONPROFIT, THE ORGANIZATION CONTINUES TO TOUCH THE LIVES OF THOUSANDS OF PEOPLE. IN 2024, THE FARM RECEIVED CHARITABLE SUPPORT FROM 4,292 INDIVIDUAL DONORS FROM 49 STATES AND 9 COUNTRIES. SHELBURNE FARMS' PROFESSIONAL LEARNING PROGRAMS SERVED 1,600 EDUCATORS FROM ACROSS THE COUNTRY AND AROUND THE WORLD, BOTH ON-SITE AND VIRTUALLY. WELCOME CENTER ATTENDANCE FOR THE WALKING TRAILS AND CHILDREN'S FARMYARD TOTALED 127,000 PEOPLE. IN ADDITION, 8,120 YOUTH ATTENDED SCHOOL PROGRAMS AND SUMMER CAMPS, AND 45,687 OTHERS CAME TO VISIT OR STAY AT THE FARM AND/OR PARTICIPATE IN FAMILY AND ADULT PROGRAMS, AND EVENTS. THERE IS CURRENTLY NO CHARGE FOR WALKING TRAIL ACCESS AT THE FARM. EVERY EDUCATOR IS SEEN AS A LIFE-LONG PARTNER WORKING TO INCREASE THE IMPACT OF EDUCATION FOR SUSTAINABILITY LOCALLY, NATIONALLY, AND INTERNATIONALLY. ULTIMATELY THE SUCCESS OF THE EDUCATION PROGRAMS AT SHELBURNE FARMS IS MEASURED BY DEEPENING TEACHER PRACTICE AND STUDENT LEARNING, LEADING TO IMPROVEMENTS IN QUALITY OF LIFE FOR GENERATIONS TO COME. THROUGH THE SHELBURNE FARMS INSTITUTE FOR SUSTAINABLE SCHOOLS, THE HUB FOR ALL PROFESSIONAL LEARNING PROGRAMMING, AN INNOVATIVE EDUCATION FOR SUSTAINABILITY GRADUATE CERTIFICATE PROGRAM IS OFFERED IN COLLABORATION WITH THE UNIVERSITY OF VERMONT. SHELBURNE FARMS ALSO CONTINUED TO RECEIVE SIGNIFICANT DONOR-DESIGNATED FUNDING FOR ITS EDUCATION FOR SUSTAINABILITY PROGRAMS. GIFTS AND GRANTS PROVIDED CRITICAL SUPPORT FOR THE FARM-BASED EDUCATION NETWORK, VERMONT FEED (FOOD EDUCATION EVERYDAY) IN COLLABORATION WITH NOFA-VT, AND FOR CLIMATE CHANGE EDUCATION PROGRAMMING. IN PARTNERSHIP WITH THE USDA, SHELBURNE FARMS IS PLAYING A LEADERSHIP ROLE IN EXPANDING FARM TO SCHOOL PROGRAMS NATIONALLY. CAPITAL GIFTS AND GRANTS THROUGH THE CAMPAIGN FOR SHELBURNE FARMS ARE MAKING POSSIBLE CONTINUING CAMPUS IMPROVEMENTS AND PROGRAM DEVELOPMENT TO ADVANCE EDUCATION FOR SUSTAINABILITY ON-SITE AND GLOBALLY. IN ADDITION TO LAUNCHING THE SHELBURNE FARMS INSTITUTE FOR SUSTAINABLE SCHOOLS, THE CAMPAIGN IS MAKING POSSIBLE ADDITIONAL LAND CONSERVATION IN THE HEART OF THE FARM, REPAIRS AT THE BREEDING BARN AND FORMAL FLOWER GARDENS, A COMPLETE REHABILITATION OF THE COACH BARN AS THE FARM'S CONVENING CENTER, PROGRESS TOWARD ACHIEVING NET ZERO GREENHOUSE GAS EMISSIONS BY 2028, AND MORE. SHELBURNE FARMS' VISION IS A HEALTHY AND JUST WORLD ROOTED IN STEWARDSHIP AND COMMUNITY. TO LEARN MORE ABOUT HOW SHELBURNE FARMS IS WORKING TO INSPIRE AN EMERGING GENERATION OF CHANGE MAKERS, PLEASE VISIT WWW.SHELBURNEFARMS.ORG.</Desc>
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      <Form990PartVIISectionAGrp>
        <PersonNm>NAN JENKS-JAY</PersonNm>
        <TitleTxt>BOARD VICE C</TitleTxt>
        <AverageHoursPerWeekRt>4.00</AverageHoursPerWeekRt>
        <IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
        <OfficerInd>X</OfficerInd>
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        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
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      <Form990PartVIISectionAGrp>
        <PersonNm>STEVE JOHNSON</PersonNm>
        <TitleTxt>BOARD OF DIR</TitleTxt>
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        <IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
        <ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>DAVID MARVIN</PersonNm>
        <TitleTxt>BOARD TREASU</TitleTxt>
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        <IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
        <OfficerInd>X</OfficerInd>
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        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
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      <Form990PartVIISectionAGrp>
        <PersonNm>ANDREW MEYER</PersonNm>
        <TitleTxt>BOARD CHAIR</TitleTxt>
        <AverageHoursPerWeekRt>6.00</AverageHoursPerWeekRt>
        <IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
        <OfficerInd>X</OfficerInd>
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        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
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      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>ERNIE POMERLEAU</PersonNm>
        <TitleTxt>BOARD OF DIR</TitleTxt>
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        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>GRETCHEN SULLIVAN SORIN</PersonNm>
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        <IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
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        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
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      <Form990PartVIISectionAGrp>
        <PersonNm>LANDON STORRS</PersonNm>
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        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
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      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>MARIE VEA</PersonNm>
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        <IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
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        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>KATE WILLIAMS</PersonNm>
        <TitleTxt>BOARD OF DIR</TitleTxt>
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        <IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
        <ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
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      <TotalReportableCompFromOrgAmt>736578</TotalReportableCompFromOrgAmt>
      <TotalOtherCompensationAmt>82252</TotalOtherCompensationAmt>
      <IndivRcvdGreaterThan100KCnt>6</IndivRcvdGreaterThan100KCnt>
      <FormerOfcrEmployeesListedInd>false</FormerOfcrEmployeesListedInd>
      <TotalCompGreaterThan150KInd>true</TotalCompGreaterThan150KInd>
      <CompensationFromOtherSrcsInd>false</CompensationFromOtherSrcsInd>
      <ContractorCompensationGrp>
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          <BusinessName>
            <BusinessNameLine1Txt>NAYLOR &amp; BREEN BUILDERS INC</BusinessNameLine1Txt>
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        <ContractorAddress>
          <USAddress>
            <AddressLine1Txt>191 ALTA WOODS</AddressLine1Txt>
            <CityNm>BRANDON</CityNm>
            <StateAbbreviationCd>VT</StateAbbreviationCd>
            <ZIPCd>05733</ZIPCd>
          </USAddress>
        </ContractorAddress>
        <ServicesDesc>CONTRACTOR</ServicesDesc>
        <CompensationAmt>2836190</CompensationAmt>
      </ContractorCompensationGrp>
      <ContractorCompensationGrp>
        <ContractorName>
          <BusinessName>
            <BusinessNameLine1Txt>CLASSIC RESTORATIONS LLC</BusinessNameLine1Txt>
          </BusinessName>
        </ContractorName>
        <ContractorAddress>
          <USAddress>
            <AddressLine1Txt>304 MAIN AVE 187</AddressLine1Txt>
            <CityNm>NORWALK</CityNm>
            <StateAbbreviationCd>CT</StateAbbreviationCd>
            <ZIPCd>06851</ZIPCd>
          </USAddress>
        </ContractorAddress>
        <ServicesDesc>CONTRACTOR</ServicesDesc>
        <CompensationAmt>763809</CompensationAmt>
      </ContractorCompensationGrp>
      <ContractorCompensationGrp>
        <ContractorName>
          <BusinessName>
            <BusinessNameLine1Txt>MORRISON'S CUSTOM FEEDS</BusinessNameLine1Txt>
          </BusinessName>
        </ContractorName>
        <ContractorAddress>
          <USAddress>
            <AddressLine1Txt>28 CREAMERY LN</AddressLine1Txt>
            <CityNm>BARNET</CityNm>
            <StateAbbreviationCd>VT</StateAbbreviationCd>
            <ZIPCd>05821</ZIPCd>
          </USAddress>
        </ContractorAddress>
        <ServicesDesc>FEED SUPPLIER</ServicesDesc>
        <CompensationAmt>270414</CompensationAmt>
      </ContractorCompensationGrp>
      <ContractorCompensationGrp>
        <ContractorName>
          <BusinessName>
            <BusinessNameLine1Txt>SMITH ALVAREZ SIENKIEWYCZ ARCHITECTS</BusinessNameLine1Txt>
          </BusinessName>
        </ContractorName>
        <ContractorAddress>
          <USAddress>
            <AddressLine1Txt>117 ST PAUL STREET</AddressLine1Txt>
            <CityNm>BURLINGTON</CityNm>
            <StateAbbreviationCd>VT</StateAbbreviationCd>
            <ZIPCd>05401</ZIPCd>
          </USAddress>
        </ContractorAddress>
        <ServicesDesc>ARCHITECT</ServicesDesc>
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      <GovernmentGrantsAmt>1404974</GovernmentGrantsAmt>
      <AllOtherContributionsAmt>24438609</AllOtherContributionsAmt>
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      <TotalContributionsAmt>25843583</TotalContributionsAmt>
      <ProgramServiceRevenueGrp>
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        <BusinessCd>110000</BusinessCd>
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        <RelatedOrExemptFuncIncomeAmt>486747</RelatedOrExemptFuncIncomeAmt>
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      <ProgramServiceRevenueGrp>
        <Desc>FACILITIES PROGRAMS</Desc>
        <BusinessCd>713990</BusinessCd>
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        <RelatedOrExemptFuncIncomeAmt>256356</RelatedOrExemptFuncIncomeAmt>
      </ProgramServiceRevenueGrp>
      <ProgramServiceRevenueGrp>
        <Desc>PUBLIC AND SCHOOL PROGRAMS</Desc>
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        <RelatedOrExemptFuncIncomeAmt>197584</RelatedOrExemptFuncIncomeAmt>
      </ProgramServiceRevenueGrp>
      <ProgramServiceRevenueGrp>
        <Desc>EDUCATIONAL TOURS</Desc>
        <BusinessCd>611710</BusinessCd>
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        <Desc>OTHER</Desc>
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      <InvestmentIncomeGrp>
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      </GrossAmountSalesAssetsGrp>
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      <NetGainOrLossInvestmentsGrp>
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        <ExclusionAmt>284357</ExclusionAmt>
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      <GrantsToDomesticOrgsGrp>
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      <FeesForServicesProfFundraising>
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        <FundraisingAmt>57</FundraisingAmt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 2, PART III, LINE 4A</FormAndLineReferenceDesc>
        <ExplanationTxt>SHELBURNE FARMS' MISSION IS TO INSPIRE AND CULTIVATE LEARNING FOR A SUSTAINABLE FUTURE. THE NONPROFIT OFFERS LEARNING EXPERIENCES THAT ARE GROUNDED IN PLACE AND ENRICHED BY NATURE TO HELP EDUCATORS AND STUDENTS CREATE A MORE THRIVING WORLD. THE ORGANIZATION'S HOME CAMPUS IS A 1,400- ACRE DIVERSIFIED WORKING FARM LOCATED IN SHELBURNE, VERMONT ON THE HOMELANDS OF THE WINOOSKIK BAND OF THE ABENAKI. THE FARM IS A NATIONAL HISTORIC LANDMARK AND SERVES AS A LIVING CLASSROOM THAT INVITES PROGRAM PARTICIPANTS, VISITORS, AND OVERNIGHT GUESTS TO LEARN, GROW, AND BE INSPIRED. SHELBURNE FARMS REALIZES ITS MISSION THROUGH PROGRAMS OFFERED UNDER THE UMBRELLA OF EDUCATION FOR SUSTAINABILITY. OUR WORK SEEKS TO CREATE SPACE, SPARK CONVERSATIONS, AND SHARE STORIES TO INSPIRE EDUCATORS, STUDENTS, AND LEARNERS OF ALL AGES TO BUILD A BETTER FUTURE FOR EVERYONE. THROUGH ITS DIVERSE PORTFOLIO OF PROGRAMS AND ACTIVITIES, SHELBURNE FARMS: ENGAGES YOUTH AND PEOPLE OF ALL AGES IN LEARNING EXPERIENCES THAT INSPIRE THEM TO BUILD RESILIENT AND CARING COMMUNITIES; PRACTICES STEWARDSHIP AND EMBODIES VALUES OF PLACE AND COMMUNITY THROUGH CARING FOR AND SHARING OUR NATURAL, AGRICULTURAL, CULTURAL, AND HUMAN RESOURCES; AND COLLABORATES WITH EDUCATORS AND OTHER LOCAL, NATIONAL AND INTERNATIONAL PARTNERS TO ADVANCE EDUCATION FOR SUSTAINABILITY WORLDWIDE. SHELBURNE FARMS IS SUPPORTED BY CHARITABLE CONTRIBUTIONS, TUITION, FEES AND ADDITIONAL REVENUE FROM ITS MISSION ADVANCING ENTERPRISES, INCLUDING A GRASS-BASED DAIRY AND AWARD-WINNING FARMSTEAD CHEESE MAKING OPERATION, AN ORGANIC MARKET GARDEN, MAPLE SUGARING AND LUMBER OPERATION, SPECIAL EVENTS, YEAR-ROUND GUEST ACCOMMODATIONS, AND FARM-TO-TABLE FOOD SERVICES. FOLLOWING THE GIFT OF THE PROPERTY TO THE NONPROFIT IN 1984, GROWING PROGRAMS AND IMPROVING THE HISTORIC PROPERTY AS AN INSPIRING CAMPUS FOR LEARNING HAVE BEEN ONGOING ENDEAVORS. IN ITS 52ND YEAR AS AN EDUCATIONAL NONPROFIT, THE ORGANIZATION CONTINUES TO TOUCH THE LIVES OF THOUSANDS OF PEOPLE. IN 2024, THE FARM RECEIVED CHARITABLE SUPPORT FROM 4,292 INDIVIDUAL DONORS FROM 49 STATES AND 9 COUNTRIES. SHELBURNE FARMS' PROFESSIONAL LEARNING PROGRAMS SERVED 1,600 EDUCATORS FROM ACROSS THE COUNTRY AND AROUND THE WORLD, BOTH ON-SITE AND VIRTUALLY. WELCOME CENTER ATTENDANCE FOR THE WALKING TRAILS AND CHILDREN'S FARMYARD TOTALED 127,000 PEOPLE. IN ADDITION, 8,120 YOUTH ATTENDED SCHOOL PROGRAMS AND SUMMER CAMPS, AND 45,687 OTHERS CAME TO VISIT OR STAY AT THE FARM AND/OR PARTICIPATE IN FAMILY AND ADULT PROGRAMS, AND EVENTS. THERE IS CURRENTLY NO CHARGE FOR WALKING TRAIL ACCESS AT THE FARM. EVERY EDUCATOR IS SEEN AS A LIFE-LONG PARTNER WORKING TO INCREASE THE IMPACT OF EDUCATION FOR SUSTAINABILITY LOCALLY, NATIONALLY, AND INTERNATIONALLY. ULTIMATELY THE SUCCESS OF THE EDUCATION PROGRAMS AT SHELBURNE FARMS IS MEASURED BY DEEPENING TEACHER PRACTICE AND STUDENT LEARNING, LEADING TO IMPROVEMENTS IN QUALITY OF LIFE FOR GENERATIONS TO COME. THROUGH THE SHELBURNE FARMS INSTITUTE FOR SUSTAINABLE SCHOOLS, THE HUB FOR ALL PROFESSIONAL LEARNING PROGRAMMING, AN INNOVATIVE EDUCATION FOR SUSTAINABILITY GRADUATE CERTIFICATE PROGRAM IS OFFERED IN COLLABORATION WITH THE UNIVERSITY OF VERMONT. SHELBURNE FARMS ALSO CONTINUED TO RECEIVE SIGNIFICANT DONOR-DESIGNATED FUNDING FOR ITS EDUCATION FOR SUSTAINABILITY PROGRAMS. GIFTS AND GRANTS PROVIDED CRITICAL SUPPORT FOR THE FARM-BASED EDUCATION NETWORK, VERMONT FEED (FOOD EDUCATION EVERYDAY) IN COLLABORATION WITH NOFA-VT, AND FOR CLIMATE CHANGE EDUCATION PROGRAMMING. IN PARTNERSHIP WITH THE USDA, SHELBURNE FARMS IS PLAYING A LEADERSHIP ROLE IN EXPANDING FARM TO SCHOOL PROGRAMS NATIONALLY. CAPITAL GIFTS AND GRANTS THROUGH THE CAMPAIGN FOR SHELBURNE FARMS ARE MAKING POSSIBLE CONTINUING CAMPUS IMPROVEMENTS AND PROGRAM DEVELOPMENT TO ADVANCE EDUCATION FOR SUSTAINABILITY ON-SITE AND GLOBALLY. IN ADDITION TO LAUNCHING THE SHELBURNE FARMS INSTITUTE FOR SUSTAINABLE SCHOOLS, THE CAMPAIGN IS MAKING POSSIBLE ADDITIONAL LAND CONSERVATION IN THE HEART OF THE FARM, REPAIRS AT THE BREEDING BARN AND FORMAL FLOWER GARDENS, A COMPLETE REHABILITATION OF THE COACH BARN AS THE FARM'S CONVENING CENTER, PROGRESS TOWARD ACHIEVING NET ZERO GREENHOUSE GAS EMISSIONS BY 2028, AND MORE. SHELBURNE FARMS' VISION IS A HEALTHY AND JUST WORLD ROOTED IN STEWARDSHIP AND COMMUNITY. TO LEARN MORE ABOUT HOW SHELBURNE FARMS IS WORKING TO INSPIRE AN EMERGING GENERATION OF CHANGE MAKERS, PLEASE VISIT WWW.SHELBURNEFARMS.ORG.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 2</FormAndLineReferenceDesc>
        <ExplanationTxt>ALEXANDER WEBB MEGAN CAMP PRESIDENT VP MARRIED</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ORGANIZATION'S PROCESS TO REVIEW FORM 990 IS TO FIRST HAVE THE AUDIT COMMITTEE REVIEW THE RETURN AND SUPPORTING INFORMATION. THE AUDIT COMMITTEE THEN PRESENTS THE RETURN TO THE BOARD OF DIRECTORS. A 990 TUTORIAL IS ALSO PROVIDED TO BOARD MEMBERS.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 12C</FormAndLineReferenceDesc>
        <ExplanationTxt>POLICIES ARE REVIEWED AT THE COMMITTEE LEVEL AND THEN DISCUSSED AT THE BOARD LEVEL WITH CHANGES MADE IF NECESSARY. EACH YEAR THE BOARD MEMBERS SIGN THAT THEY ARE IN COMPLIANCE WITH THE POLICY.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 15A</FormAndLineReferenceDesc>
        <ExplanationTxt>THE BOARD OF DIRECTORS REVIEWS COMPENSATION AND BENEFITS FOR THE PRESIDENT AND OTHERS THROUGH ITS COMPENSATION COMMITTEE. MANAGEMENT OF THE ENTIRE ENTITY, INCLUDING ITS SUBSIDIARY SHELBURNE FARMS, INC. IS FACTORED INTO COMPENSATION. COMBINED REVENUE FOR THE TOTAL ORGANIZATION WAS 35M IN 2024. THIS COMMITTEE USES NATIONAL, REGIONAL AND STATE COMPENSATION SURVEYS TO DETERMINE APPROPRIATE COMPENSATION. THE CFO BENCHMARKED THE EXECUTIVE COMPENSATION OF NON-PROFIT ORGANIZATIONS WITH A SIMILIAR SIZE AND SCOPE WITHIN VERMONT AND REGIONALLY. THIS WAS SUMMARIZED IN A REPORT WHICH WAS PRESENTED TO THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 15B</FormAndLineReferenceDesc>
        <ExplanationTxt>SEE DESCRIPTION FOR FORM 990, PART VI, SECTION B, LINE 15A ABOVE.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENT INFORMATION WILL BE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
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          <BusinessNameLine1Txt>SHELBURNE FARMS INC</BusinessNameLine1Txt>
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          <AddressLine1Txt>1611 HARBOR ROAD</AddressLine1Txt>
          <CityNm>SHELBURNE</CityNm>
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        <PrimaryActivitiesTxt>SERVICES</PrimaryActivitiesTxt>
        <LegalDomicileStateCd>VT</LegalDomicileStateCd>
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        <EntityTypeTxt>C CORP</EntityTypeTxt>
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        <ShareOfEOYAssetsAmt>2277390</ShareOfEOYAssetsAmt>
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      <ReceiptOfIntAnntsRntsRyltsInd>true</ReceiptOfIntAnntsRntsRyltsInd>
      <GiftGrntOrCapContriToOthOrgInd>false</GiftGrntOrCapContriToOthOrgInd>
      <GiftGrntCapContriFromOthOrgInd>false</GiftGrntCapContriFromOthOrgInd>
      <LoansOrGuaranteesToOtherOrgInd>true</LoansOrGuaranteesToOtherOrgInd>
      <LoansOrGuaranteesFromOthOrgInd>false</LoansOrGuaranteesFromOthOrgInd>
      <DivRelatedOrganizationInd>false</DivRelatedOrganizationInd>
      <AssetSaleToOtherOrgInd>false</AssetSaleToOtherOrgInd>
      <AssetPurchaseFromOtherOrgInd>false</AssetPurchaseFromOtherOrgInd>
      <AssetExchangeInd>false</AssetExchangeInd>
      <RentalOfFacilitiesToOthOrgInd>false</RentalOfFacilitiesToOthOrgInd>
      <RentalOfFcltsFromOthOrgInd>false</RentalOfFcltsFromOthOrgInd>
      <PerformOfServicesForOthOrgInd>false</PerformOfServicesForOthOrgInd>
      <PerformOfServicesByOtherOrgInd>false</PerformOfServicesByOtherOrgInd>
      <SharingOfFacilitiesInd>false</SharingOfFacilitiesInd>
      <PaidEmployeesSharingInd>false</PaidEmployeesSharingInd>
      <ReimbursementPaidToOtherOrgInd>false</ReimbursementPaidToOtherOrgInd>
      <ReimbursementPaidByOtherOrgInd>true</ReimbursementPaidByOtherOrgInd>
      <TransferToOtherOrgInd>false</TransferToOtherOrgInd>
      <TransferFromOtherOrgInd>false</TransferFromOtherOrgInd>
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          <BusinessNameLine1Txt>SHELBURNE FARMS INC</BusinessNameLine1Txt>
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        <InvolvedAmt>497851</InvolvedAmt>
        <MethodOfAmountDeterminationTxt>ESTIMATED FAIR VALUE</MethodOfAmountDeterminationTxt>
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          <BusinessNameLine1Txt>SHELBURNE FARMS INC</BusinessNameLine1Txt>
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        <InvolvedAmt>8345368</InvolvedAmt>
        <MethodOfAmountDeterminationTxt>FAIR VALUE</MethodOfAmountDeterminationTxt>
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          <BusinessNameLine1Txt>SHELBURNE FARMS INC</BusinessNameLine1Txt>
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        <InvolvedAmt>1057345</InvolvedAmt>
        <MethodOfAmountDeterminationTxt>ESTIMATED FAIR VALUE</MethodOfAmountDeterminationTxt>
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    <AveragingAttachment documentId="RetDoc2">
      <ExplanationTxt>SHELBURNE FARMS HAS A SECTION 501(H) ELECTION IN EFFECT BUT DID NOT HAVE ANY LOBBYING EXPENDITURES DURING 2023 OR 2024.</ExplanationTxt>
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  </ReturnData>
</Return>