How to define DataContext in XAML using StaticResource

Question

I want to declare a DataContext through a static resource in XAML as a binding for the Customers in the Northwind database. I can do this easily in code (C#) but want to learn how to do in XAML. I have tried all of the examples I can find but none of them work for me. I believe the issue is in the two XAML lines of code I have labeled [Option1] and [Option2]. Can you clarify what the syntax for this really should be?

C#

namespace DataGridEF
{
    public partial class MainWindow : Window
    {
        public MainWindow()
        {
            InitializeComponent();
            bModel1 bNorthWind = new bModel1();
            //this.DataContext = bNorthWind;
            bNorthWind.GetCustomers();
        }
    }
}

namespace DataGridEF
{
    public class bModel1
    {
        List<Customer> _Customers;
        public List<Customer> Customers
        {
            get { return _Customers; }
            set { _Customers = value; }
        }

        public void GetCustomers()
        {
            NorthwindEntities NorthWind = new NorthwindEntities();
            var CustomerQ = from cust in NorthWind.Customers select cust;
            _Customers = CustomerQ.ToList();
        }

    }
}

XAML

 <Window x:Class="DataGridEF.MainWindow"
    xmlns="http://schemas.microsoft.com/winfx/2006/xaml/presentation"
    xmlns:x="http://schemas.microsoft.com/winfx/2006/xaml"
    Title="MainWindow" Height="350" Width="525"
    xmlns:vm="clr-namespace:DataGridEF">

<Window.Resources>
    <vm:bModel1 x:Key="TheViewModel" />
</Window.Resources>

<Grid>
    <DataGrid AutoGenerateColumns="False" Height="195" HorizontalAlignment="Left" Margin="20,89,0,0" 
              Name="dataGrid1" ItemsSource="{Binding Path=Customers}" 
              [option1]DataContext="{StaticResource TheViewModel}"
              [option2]DataContext="{Binding Path=., Source={StaticResource TheViewModel}}"
              VerticalAlignment="Top" Width="471" >
        <DataGrid.Columns>
            <DataGridTextColumn Header="Name" Binding="{Binding Path=ContactName}" />
            <DataGridTextColumn Header="Address" Binding="{Binding Path=Address}" />
            <DataGridTextColumn Header="City" Binding="{Binding Path=City}" />
        </DataGrid.Columns>
    </DataGrid>
</Grid>
</Window>