2025-11-17T20:54:18-06:00 2024-12-31 331374517 PKF O'CONNOR DAVIES ADVISORY LLC 500 MAMARONECK AVENUE SUITE 301 HARRISON NY 105281633 990 2024-01-01 030221142 THE WOODSTOCK FOUNDATION INC WOOD 8024572355 PO BOX 489 WOODSTOCK VT 05091 ANGELA K ARDOLIC TREASURER 8024572355 2025-11-17 1 1 MELISSA MODELSON P01603524 9143818900 2025-11-17 2024 2025-03-06 01:10:19Z DAVID M SIMMONS PO BOX 489 WOODSTOCK VT 05091 5820278 0 X BILLINGSFARM.ORG/WOODSTOCK-FOUNDATION X 1968 VT THE WOODSTOCK FOUNDATION SUPPORTS CULTURAL HERITAGE AND HISTORIC PRESERVATIONS EFFORTS, INCLUDING CONTRIBUTING TO THE PRESERVATION AND CONSERVATION OF LOCAL NATIONAL PARK SERVICES RESOURCES. SIGNIFICANT ACTIVITIES INCLUDE THE BILLINGS FARM & MUSEUM, AN OPERATING DAIRY FARM AND MUSEUM OF VERMONT'S RURAL HISTORY. 7 6 115 28 109304 48956 321837 304845 715312 839578 579244 3832254 809072 559944 2425465 5536621 739704 1205910 0 0 3167152 2828451 0 0 450338 4503563 4299145 8410419 8333506 -5984954 -2796885 94439827 91865628 1349214 1555809 93090613 90309819 X THE WOODSTOCK FOUNDATION, INC. PROMOTES CONSERVATION, SUSTAINABLE LAND USE, AND HERITAGE AS VALUES THAT ARE ESSENTIAL TO CULTURE, COMMUNITY AND THE HUMAN SPIRIT. 0 0 2602203 0 1274192 THE WOODSTOCK FOUNDATION OPERATES A DAIRY FARM AND MUSEUM OF VERMONT'S RURAL HERITAGE IN WOODSTOCK, VERMONT FOR THE BENEFIT OF THE GENERAL PUBLIC THAT INCLUDES EDUCATIONAL PROGRAMS ABOUT PAST AND PRESENT FARMING PRACTICES AND MAINTENANCE OF FACILITIES. THE FARM AND MUSEUM ARE OPEN TO THE PUBLIC DAILY APRIL 1 TO OCTOBER 31; WEEKENDS AND HOLIDAY PERIODS NOV-FEB; SCHOOL GROUPS ANYTIME BY RESERVATIONS. 1491249 1201734 0 PRESERVATION AND CONSERVATION OF THE MARSH-BILLINGS ROCKEFELLER NATIONAL HISTORICAL PARK'S HISTORIC RESOURCES OR THE BENEFIT OF THE CITIZENS OF THE UNITED STATES. PROGRAMS PROVIDED YEAR-ROUND. 571316 4176 0 ENHANCE STATE, NATIONAL AND INTERNATIONAL NON-PROFIT EFFORTS TO PRESERVE CULTURAL HERITAGE AND HISTORIC SITES. PROGRAMS PROVIDED YEAR ROUND. 602369 0 0 OTHER PROGRAMS: CURATORIAL AND EXHIBITS, SPECIAL AND MISCELLANEOUS EVENTS, AND LIBRARY. 602369 0 0 5267137 1 1 0 0 0 0 0 1 0 1 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 53 0 115 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 7 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X ANGELA K ARDOLIC TREASURER 8024572355 PO BOX 489 WOODSTOCK VT 05091 DAVID M SIMMONS PRESIDENT 40.00 0.00 X X 238963 0 42524 DOUGLAS R HORNE TRUSTEE 3.00 0.00 X 0 0 0 JOHN T HALLOWELL TRUSTEE 3.00 0.00 X 0 0 0 MICHAEL D NOLAN TRUSTEE 3.00 0.00 X 0 0 0 JAMES S SLIGAR TRUSTEE 8.00 0.00 X 0 0 0 KIM ANSTATT MORTON TRUSTEE 3.00 0.00 X 0 0 0 RACHEL FRENCH WEBER TRUSTEE 3.00 0.00 X 0 0 0 MICHELLE ADAMS EXECUTIVE VP SECRETARY THRU MAY 2024 40.00 0.00 X 85673 0 21005 MARK LANGLOIS DIRECTOR OF FINANCE & ADMIN/ASSISTANT TREASURER 40.00 0.00 X 156546 0 23017 GABRIEL DELEON SECRETARY 5.00 40.00 X 0 92452 2774 ANGELA K ARDOLIC TREASURER 5.00 0.00 X 7500 0 0 KIMBERLY CARBINEAU HR DIRECTOR 40.00 0.00 X 102517 0 29626 591199 92452 118946 3 0 1 0 VITT & NUNAN 8 BEAVER MEADOW RD PO BOX 1229 NORWICH VT 05055 LEGAL SERVICES 1011112 DOWNS RACHLIN MARTIN LLC 90 PROSPECT ST PO BOX 99 ST JOHNSBURY VT 05819 LEGAL SERVICES 344313 HUNTON ANDREWS KURTH LLP PO BOX 405759 ATLANTA GA 30384 LEGAL SERVICES 217780 NUTTER MCCLENNEN & FISH LLP 155 SEAPORT BOULEVARD BOSTON MA 02210 LEGAL SERVICES 183382 REDSTART 2332 GOOSE GREEN BRADFORD VT 05033 NATURAL RESOURCE MGMT SERVICES 170435 5 151898 26877 126070 304845 ADMISSIONS 611710 839578 839578 839578 2074553 2074553 5400 0 5400 5400 5400 1736615 31626 0 10540 1736615 21086 1757701 1757701 817035 273117 543918 434614 109304 LEGAL SETTLEMENT 900099 5411 5411 OTHER INCOME 900099 5215 5215 10626 5536621 1274192 109304 3848280 1201734 1201734 4176 4176 575228 567728 7500 49333 49333 1455053 1105599 93776 255678 87745 65743 5820 16182 469445 364635 24720 80090 191647 163052 9235 19360 1881175 1881175 58747 58747 89333 89333 191179 94064 80225 16890 40891 15378 1537 23976 277808 144824 99750 33234 208889 193917 14972 21859 13180 8489 190 13184 4203 8346 635 556911 509252 47659 181445 94434 87011 REPAIRS AND MAINTENANCE 527607 491891 32341 3375 FARMING PROGRAM 235619 226005 9136 478 MISC EXPENSES 7989 5426 2563 STAFF DEVELOPMENT 6509 1896 4363 250 8333506 5267137 2616031 450338 1558661 1372093 144183 281624 759705 38296 250093 278315 179770 200530 18398136 8361117 10383653 10037019 4222026 51116468 48867560 603282 26566033 26566033 1508143 1371968 94439827 91865628 599214 730816 74993 750000 750000 1349214 1555809 X 93090613 90309819 93090613 90309819 94439827 91865628 -2796885 16091 0 X 0 0 0 X 344986 654493 249527 321837 304845 1875688 344986 654493 249527 321837 304845 1875688 1875688 627513 918716 1023531 336256 2079953 4985969 48643 10419 17328 48956 125346 52701 10626 63327 7050330 5737075 0.26600 0.28960 X THE WOODSTOCK FOUNDATION (THE "FOUNDATION") SATISFIED THE PUBLIC SUPPORT TEST FOR THE 2024 TAX YEAR. SPECIFICALLY, THE FOUNDATION SATISFIED THE 10% FACTS AND CIRCUMSTANCES TEST SET FORTH IN TREASURY REGULATIONS SECTION 1.170A 9(F)(3).THE FACILITIES OF THE WOODSTOCK FOUNDATION AT BILLINGS FARM & MUSEUM AND THE MARSH-BILLINGS-ROCKEFELLER NATIONAL HISTORICAL PARK'S FACILITIES ARE AVAILABLE TO AND SIGNIFICANTLY UTILIZED BY THE GENERAL PUBLIC. THE FOUNDATION PROVIDES SUBSTANTIAL FINANCIAL ASSISTANCE TO THE NATIONAL PARK SERVICE FOR ITS MAINTENANCE AND IMPROVEMENT OF THE MARSH-BILLINGS-ROCKEFELLER NATIONAL HISTORICAL PARK LOCATED IN WOODSTOCK, VERMONT. THE FOUNDATION RECEIVES ONGOING SUPPORT THROUGH CONTRIBUTIONS, MEMBERSHIPS, AND ADMISSIONS FEES FROM THE GENERAL PUBLIC, AS WELL AS RECEIVES SIGNIFICANT INCOME FROM ITS INVESTMENT PORTFOLIO. SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2023 AMOUNT: $ 35,752. 2024 AMOUNT: $ 5,215. LEGAL SETTLEMENT - 2023 AMOUNT: $ 16,949. 2024 AMOUNT: $ 5,411. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 973037 X X X X 0 14252425 731544 1137790 13846179 12433178 2568796 749549 14252425 15592261 -2488834 670249 12433178 14711314 1250945 369998 15592261 13278288 1813073 380047 14711314 1.00000 0.00000 0.00000 0 0 393052 393052 13312618 4334282 8978336 139004 139004 0 3940754 3439133 501621 612708 448698 164010 10037019 INVESTMENT IN SUBSIDIARIES 26566033 C 26566033 ACCRUED LITIGATION SETTLEMENT 750000 750000 PART III, LINE 4: COLLECTION INCLUDES LATE 19TH CENTURY ARTIFACTS OF RURAL VERMONT AGRARIAN CULTURE THAT ASSIST IN EDUCATION AND DEMONSTRATION OF RURAL LIFE AND VALUES OF THE ITEMS AS WELL AS CONSERVATION AND SUSTAINABLE LAND USE. ARCHIVAL COLLECTIONS INCLUDE COMPLETE BUSINESS RECORDS OF THE BILLINGS FARM FROM THE 1870S TO THE PRESENT, ALONG WITH ACCOMPANYING BILLINGS FAMILY MANUSCRIPTS. THE COLLECTIONS ALSO INCLUDE TWO VERY SIGNIFICANT ORIGINAL PHOTOGRAPHIC COLLECTIONS COMMISSIONED BY FREDERICK BILLINGS, ONE BY CARLETON WATKINS AND THE OTHER BY F. JAY HAYNES. PART V, LINE 4: THE MARSH-BILLINGS-ROCKEFELLER FUND WAS ESTABLISHED IN 1992 TO FUND THE UPKEEP OF THE MARSH-BILLINGS-ROCKEFELLER MANSION AND ITS SURROUNDING PROPERTY (WHICH HAS BEEN DESIGNATED A NATIONAL HISTORICAL PARK). 1 US NATIONAL PARK SERVICE 1849 C STREET NW WASHINGTON DC 20240 GOVERNMENT 1187393 0 TO PROMOTE AND FURTHER THE DEVELOPMENT OF THE MARSH-BILLINGS-ROCKEFELLER NATIONAL HISTORIC PARK 1 0 PART I, LINE 2: MANAGEMENT HAS ONGOING INTERACTION WITH GRANTEES AND REVIEWS GRANTEE PERFORMANCE AT MINIMUM ON AN ANNUAL BASIS. X X X 0 0 0 0 0 0 0 1 0 DAVID M SIMMONS PRESIDENT 185098 0 28000 0 25865 0 16163 0 26361 0 281487 0 0 0 MARK LANGLOIS DIRECTOR OF FINANCE & ADMIN/ASSISTANT TREASURER 150237 0 5000 0 1309 0 10836 0 12181 0 179563 0 0 0 PART I, LINE 7 INDIVIDUALS RECEIVED A BOARD APPROVED PERFORMANCE-BASED BONUS AS INCLUDED IN PART II, COLUMN (B)(II). THIS AMOUNT IS INCLUDED IN THEIR REPORTABLE COMPENSATION. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO SUBMISSION OF FORM 990, THE TREASURER AND EXECUTIVE COMMITTEE, INCLUDING THE CHAIRMAN OF THE BOARD AND PRESIDENT, REVIEW AND APPROVE THE 990. THE FULL BOARD IS PROVIDED WITH THE FORM 990 ELECTRONICALLY AND INVITED TO COMMENT AND ASK QUESTIONS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION CURRENTLY HAS IN PLACE A CONFLICT OF INTEREST POLICY THAT APPLIES TO ANY TRUSTEE AND OFFICER WHICH IT ANNUALLY MONITORS AND ENFORCES. THE BOARD MANDATES THAT ALL MEMBERS OF THE GOVERNING BODY ANNUALLY SIGN A CONFLICT OF INTEREST STATEMENT AND DISCLOSE ANY POTENTIAL OR ACTUAL CONFLICTS THAT MAY EXIST. ANY TRUSTEE OR OFFICER WHO HAS AN INTEREST IN A RELATED PARTY TRANSACTION MUST DISCLOSE IN GOOD FAITH TO THE SECRETARY OR APPROPRIATE COMMITTEE THE MATERIAL FACTS CONCERNING SUCH INTEREST. INDIVIDUALS WITH SUCH RELATIONSHIPS MUST NOT BE PRESENT DURING, OR PARTICIPATE IN, ANY BOARD OR BOARD COMMITTEE DELIBERATIONS OR VOTE ON ANY MATTERS GIVING RISE TO THE CONFLICT, OR POTENTIAL CONFLICT OF INTEREST. THE EXISTENCE OF ALL SUCH CONFLICTS OF INTEREST AND THEIR RESOLUTION, AS WELL AS ANY ISSUES RELATING TO THEM, WILL BE FULLY DOCUMENTED IN THE SUMMARY OF THE MEETING. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE OF THE BOARD REVIEWS THE COMPENSATION OF THE PRESIDENT OF THE FOUNDATION ANNUALLY. THE COMMITTEE COMPARES INFORMATION FOUND IN THE ANNUAL SALARY AND BENEFITS SURVEY DONE BY THE NEW ENGLAND MUSEUM ASSOCIATIONS AS WELL AS INFORMATION GATHERED IN PREVIOUS YEARS. THE PRESIDENT PRESENTS COMPENSATION RECOMMENDATIONS TO THE EXECUTIVE COMMITTEE. RECOMMENDATIONS ARE BASED ON DEPARTMENTAL REVIEW. ONCE APPROVED BY THE EXECUTIVE COMMITTEE COMPENSATION IS INCLUDED IN THE BUDGET PRESENTED FOR APPROVAL TO THE BOARD AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS ALSO POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST OR BY CALLING THE ORGANIZATION DIRECTLY. WRC HOLDING LLC 9 CROSS STREET WOODSTOCK VT 05091 261808948 OWNERSHIP OF RESORT HOTEL CORPORATION VT 25084022 WOODSTOCK FOUNDATION INC 11 THE GREEN LLC PO BOX 489 WOODSTOCK VT 05091 832192244 OWNERSHIP OF REAL PROPERTY USED BY THE FOUNDATION VT 0 2449250 WOODSTOCK FOUNDATION INC JACKSON HOLE PRESERVE INC PO BOX 489 WOODSTOCK VT 05091 131813818 CONSERVATION GRANTS NY 501(C)(3) PF N/A 0 THE LAURANCE S ROCKEFELLER FUND 1201 N MARKET STREET SUITE 201 WILMINGTON DE 19801 204192256 GENERAL GRANTS DE 501(C)(3) PF N/A 0 WOODSTOCK RESORT CORPORATION 9 CROSS STREET WOODSTOCK VT 05091 030220066 OPERATION OF RESORT HOTEL CORPORATION VT WRC HOLDINGS LLC C 41104204 57901908 1.00000 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 WOODSTOCK RESORT CORPORATION L 166529 COST