2016-11-09T15:25:01-06:00 2015-12-31 420714325 RSM US LLP 1861 INTERNATIONAL DRIVE SUITE 400 MCLEAN VA 22102 990 2015-02-25 473522162 WINDWARD FUND WIND 2027953074 1201 CONNECTICUT AVENUE NW NO 300 WASHINGTON DC 20036 LEE BODNER BOARD CHAIR 2027953074 2016-11-09 1 YONG ZHANG P01249785 7033366400 2015 2017-02-10 21:41:12Z X LEE BODNER 1201 CONNECTICUT AVENUE NW NO 300 WASHINGTON DC 20036 1297000 0 X WWW.WINDWARDFUND.ORG X 2015 DC THE WINDWARD FUND ADVANCES PUBLIC AWARENESS ABOUT CONSERVATION, CLIMATEAND ENVIRONMENTAL ISSUES, SUSTAINABLE FOOD SYSTEMS, AND THE PROTECTION OF LAND, WILDLIFE, AND OTHER NATURAL RESOURCES. AS A 501(C)(3) PUBLIC CHARITY, WINDWARD HOSTS PUBLIC AWARENESS CAMPAIGNS AND GRANT-MAKING PROJECTS THAT ADDRESS CONSERVATION FROM A RANGE OF ANGLES. WINDWARD ALSO PROVIDES A PLATFORM FOR DONORS TO CONVENE AND COLLABORATE ON THESE ISSUES, LEVERAGING THE WORK OF OTHER CONSERVATION PROJECTS HOUSED AT THE FUND TO STRENGTHEN THEIR EFFORTS AND ADVANCE THE FIELD. THE FUND IS MANAGED BY SPECIALISTS EXPERIENCED IN CONSERVATION AND ENVIRONMENTAL ISSUES WHO PROVIDE STRATEGIC SUPPORT, GUIDANCE ON BEST PRACTICES, AND OPERATIONAL AND ADMINISTRATIVE EXPERTISE TO HOSTED PROJECTS. 3 2 0 2 0 0 1297000 0 0 0 1297000 0 0 0 0 0 58293 58293 1238707 1297000 58293 1238707 X THE WINDWARD FUND ADVANCES PUBLIC AWARENESS ABOUT CONSERVATION, CLIMATE AND ENVIRONMENTAL ISSUES, SUSTAINABLE FOOD SYSTEMS, AND THE PROTECTION OF LAND, WILDLIFE, AND OTHER NATURAL RESOURCES. AS A 501(C)(3) PUBLIC CHARITY, WINDWARD HOSTS PUBLIC AWARENESS CAMPAIGNS AND GRANT-MAKING PROJECTS THAT ADDRESS CONSERVATION FROM A RANGE OF ANGLES. WINDWARD ALSO PROVIDES A PLATFORM FOR DONORS TO CONVENE AND COLLABORATE ON THESE ISSUES, LEVERAGING THE WORK OF OTHER CONSERVATION PROJECTS HOUSED AT THE FUND TO STRENGTHEN THEIR EFFORTS AND ADVANCE THE FIELD. THE FUND IS MANAGED BY SPECIALISTS EXPERIENCED IN CONSERVATION AND ENVIRONMENTAL ISSUES WHO PROVIDE STRATEGIC SUPPORT, GUIDANCE ON BEST PRACTICES, AND OPERATIONAL AND ADMINISTRATIVE EXPERTISE TO HOSTED PROJECTS. 0 0 IN THE ORGANIZATION'S FIRST AND ABBREVIATED YEAR, IT SECURED FUNDING AND ESTABLISHED PROGRAMS THAT WILL FOCUS ON A RANGE OF CONSERVATION, CLIMATE, AND ENERGY ISSUES IN THE U.S. AND ABROAD 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 2 0 1 0 0 0 0 0 0 0 0 0 1 1 1 1 1 1 0 0 0 DC X WILBUR PRIESTER 2027953074 1201 CONNECTICUT AVENUE NW NO 300 WASHINGTON DC 20036 X ERIC KESSLER CHAIR & PRESIDENT 1.00 X X 0 0 0 HARRY DRUCKER SECRETARY 1.00 X 0 0 0 ADAM EICHBERG TREASURER 1.00 X 0 0 0 0 0 0 0 0 0 0 0 1297000 1297000 1297000 0 0 0 58293 58293 58293 0 58293 0 750000 450000 0 97000 0 1297000 0 58293 0 58293 X 2117 1236590 0 1238707 0 1297000 1238707 0 X X 0 1 X 0 0 X 1297000 1297000 1297000 1297000 1219180 77820 1297000 X PART II, SHORT YEAR EXPLANATION: 2015 TAX YEAR IS A SHORT YEAR (I.E. 02/15 - 12/15) AND FIRST YEAR THE ORGANIZATION STARTED THE OPERATIONS. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 58293 58293 11659 2915 0 0 11659 11659 17489 2915 2915 4373 0 DUE FROM RELATED PARTY 97000 97000 DUE TO RELATED PARTY 58293 58293 X 1297000 0 1297000 0 1297000 58293 0 58293 0 58293 PART X, LINE 2: THE FUND IS GENERALLY EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE). IN ADDITION, THE FUND QUALIFIES FOR CHARITABLE CONTRIBUTIONS DEDUCTIONS AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION. INCOME WHICH IS NOT RELATED TO EXEMPT PURPOSES, LESS APPLICABLE DEDUCTIONS, IS SUBJECT TO FEDERAL AND STATE INCOME TAXES. THERE WAS NO TAX LIABILITY FOR UNRELATED BUSINESS INCOME FOR THE PERIOD FROM FEBRUARY 25, 2015 (INCEPTION), TO DECEMBER 31, 2015. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE FUND'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. THE FUND IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS. BECAUSE THE FUND WAS FORMED DURING 2015, THAT YEAR IS THE ONLY TAX YEAR OPEN FOR EXAMINATION BY U.S. FEDERAL, STATE, OR LOCAL TAX AUTHORITIES. ARABELLA ADVISORS LLC SEE PART V 58293 SEE PART V 0 SCH L, PART IV, BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS: (A) NAME OF PERSON: ARABELLA ADVISORS, LLC(B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION:ENTITY MORE THAN 35% OWNED BY ERIC KESSLER, PRESIDENT(C) AMOUNT OF TRANSACTION: $58,293(D) DESCRIPTION OF TRANSACTION: SPECIFICALLY, ARABELLA ADVISORS PROVIDED1) STAFF FOR WINDWARD PROJECTS; 2) OPERATIONAL SUPPORT IN MANAGING THEORGANIZATION AND 3) SUPPLEMENTAL CONSULTING SUPPORT FOR SOME WINDWARD PROJECTS.(E) SHARING OF ORGANIZATION REVENUES? = NO FORM 990, PART VI, SECTION A, LINE 3 WINDWARD FUND HAS AN ADMINISTRATIVE SERVICES AGREEMENT WITH ARABELLA ADVISORS, LLC. DURING THE YEAR, WINDWARD FUND PAID TO ARABELLS ADVISORS $58,293 FOR MANAGEMENT, ADMINISTRATIVE PERSONNEL, AND REIMBURSABLE EXPENSES. FORM 990, PART VI, SECTION A, LINE 8A WINDWARD DID NOT HAVE BOARD MEETINGS IN 2015. FORM 990, PART VI, SECTION A, LINE 8B WINDWARD DID NOT HAVE BOARD MEETINGS IN 2015. FORM 990, PART VI, SECTION B, LINE 11 THE BOARD OF DIRECTORS OF WINDWARD FUND AND THE FUND'S LEGAL COUNSEL REVIEWED THE 990 BEFORE IT WAS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS ARE REQUIRED TO DISCLOSE CONFLICTS OF INTEREST. THE POLICY IS MONITORED AT THE BOARD LEVEL. COVERED INDIVIDUALS CANNOT VOTE ON MATTERS BEFORE THE BOARD WHEN THEY HAVE A CONFLICT IN THE MATTER. DISINTERESTED MEMBERS MUST DETERMINE WHETHER OR NOT THERE ARE ANY SUITABLE ALTERNATIVES TO POTENTIAL TRANSACTIONS THAT CAUSE CONFLICT. IF A COVERED PERSON IS FOUND IN VIOLATION OF THIS POLICY IT MAY BE CAUSE FOR REMOVAL FROM THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15 NONE OF THE NAMED POSITIONS EXISTED OR RECEIVED COMPENSATION DURING THE YEAR. FORM 990, PART VI, SECTION C, LINE 19 THE FUND DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART XII, LINE 2C 2015 IS THE FIRST YEAR OF OPERATIONS. THE BOARD COMMENCED ITS OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT AUDITOR IN ACCORDANCE WITH THE WINDWARD FUND'S GOVERNANCE DOCUMENTS.