THE WINTHROP FOUNDATION WAS ESTABLISHED TO PROVIDE FUNDING OF PROGRAMS OR PROJECTS IN OR BENEFITTING THE TOWN OF WINTHROP TO AVOID, LIMIT, OR MITIGATE ANY ENVIRONMENTAL OR SOCIOECONOMIC IMPACTS OR EFFECTS OF WORKS, PROJECTS, OR ACTIVITIES AT LOGAN AIRPORT, AND/OR FUNDING OF ANY PROJECTS FOR PUBLIC OR CHARITABLE PURPOSES THAT BENEFIT OF THE TOWN OF WINTHROP AND OFFSET OR MITIGATE AGAINST SUCH IMPACTS OR EFFECTS, INCLUDING, WITHOUT LIMITATION, PROJECTS ACQUIRING, CREATING, PRESERVING AND/OR REHABILITATING OPEN SPACE, ACTIVE AND PASSIVE RECREATION, AND/OR CONSERVATION. IT ALSO PROVIDES EXPENDITURES FOR RESEARCH AND EDUCATION, INCLUDING CONFERENCES AND SEMINARS, TO PROMOTE LOCAL BUSINESS INITIATIVES IN THE TOWN OF WINTHROP THAT RELATE TO AIRPORT FUNCTIONS AND NEEDS.
