Windward Fund

“Windward fund contracted with arabella advisors, a professional services firm that supports philanthropists, impact investors, and nonprofit organizations, to provide business and administrative services under an administrative agreement. In that capacity, arabella supplies the systems and services to ensure compliance with federal, state, and local regulations related to charitable solicitation and provides hr, legal, payroll, and other administrative functions for windward fund, thereby enabling windward fund to better further its mission and achieve impact.”

“The form 990 is prepared by an independent tax accountant. A complete copy of the form 990 is then reviewed by the organization's legal counsel and board of directors prior to filing with the internal revenue service.”

“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.”

“The organization did not directly compensate any officers or key employees. Accordingly, form 990, part vi, section b, lines 15a and 15b have been marked "no", as provided in the form 990 instructions.”

“The fund makes its form 1023: application for recognition of exemption available for public inspections upon request. Those materials include the fund's initial governor's documents, conflicts of interest policy, and other policies. The fund does not make financial statements available to the public.”

“The windward fund seeks to build a more impactful environmental movement by connecting people across diverse geographies, sectors, and communities, enabling them to share expertise and resources, and providing fiscal sponsorship as a vehicle for effective, community-based, grassroots grant making that elevates the voices of those impacted by environmental degradation.”

“Other fees for services: program service expenses 59,105. Management and general expenses 834. Fundraising expenses 768. Total expenses 60,707. Consultants: project management fees: program service expenses 10,520,493. Management and general expenses 591. Fundraising expenses 0. Total expenses 10,521,084. Consultants: communications: program service expenses 277,071. Management and general expenses 770. Fundraising expenses 0. Total expenses 277,841. Consultants: research & evaluation: program service expenses 959,821. Management and general expenses 0. Fundraising expenses 0. Total expenses 959,821.”

“Reversal of prior year contribution / pledge revenue -2,741,647. Return of subgrantee funds 19,500.”