2022-03-31T13:58:55-05:00 2021-03-31 BDO USA LLP 8401 GREENSBORO DRIVE 800 MCLEAN VA 22102 990 2020-04-01 541426643 AMERICAN BATTLEFIELD TRUST % EDGAR LUGO AMER 2023671861 1156 15TH STREET NW Suite 900 WASHINGTON DC 20005 DAVID DUNCAN PRESIDENT 2023671861 2022-03-30 true DAVID DUNCAN 999009999 Marc Berger P01871563 7038930600 2 2020 2022-09-23 18:48:47Z X CIVIL WAR TRUST DAVID DUNCAN 1156 15TH STREET NW900 WASHINGTON DC 20005 35026430 false X WWW.BATTLEFIELDS.ORG X 1987 VA THE AMERICAN BATTLEFIELD TRUST PRESERVES AMERICA'S HALLOWED BATTLEGROUNDS AND EDUCATES THE PUBLIC ABOUT WHAT HAPPENED THERE AND WHY IT MATTERS. (CONTINUED ON SCH O) 30 29 57 60 0 36294263 34533695 160578 0 -79226 -349810 187248 65169 36562863 34249054 2748141 1632963 0 0 5331096 5149443 24929 8312 2310699 7670210 7029957 15774376 13820675 20788487 20428379 168427381 188857362 8048655 8232866 160378726 180624496 X THE AMERICAN BATTLEFIELD TRUST PRESERVES AMERICA'S HALLOWED BATTLEGROUNDS AND EDUCATES THE PUBLIC ABOUT WHAT HAPPENED THERE AND WHY IT MATTERS. TO FACILITATE AWARENESS, APPRECIATION AND PROTECTION OF THE HISTORICAL, CULTURAL AND ENVIRONMENTAL HERITAGE OF THE UNITED STATES THROUGH PROTECTION OF BATTLEFIELDS, INCLUDING BUT NOT LIMITED TO THOSE RELATED TO THE CIVIL WAR AND OTHERS WARS AND MILITARY CONFLICTS IN AMERICAN HISTORY, WITH THE ULTIMATE INTENTION OF ENSURING THEIR PERPETUAL PRESERVATION. false false 6464528 1632963 0 Land Preservation: Through acquisitions and grants, the American Battlefield Trust completed 35 individual transactions, protecting a total of 1,720.8 acres at 28 battlefields in 11 states. This includes: Perryville, KY; Mansfield, LA; Antietam, MD; Brices Cross Roads, MS; Raymond, MS; Vicksburg, MS; Averasboro, NC; Bentonville, NC; Bennington, NY; Brandywine, PA; Gettysburg, PA; Parker's Ferry, SC; Port Royal Island, SC; Chattanooga, TN; Jackson, TN; Parker's Cross Roads, TN; Shiloh, TN; Stones River, TN; Cedar Mountain, VA; Cold Harbor, VA; Fredericksburg, VA; Gaines' Mill, VA; New Market Heights, VA; Ream's Station, VA; Trevilian Station, VA; White Oak Road, VA; Williamsburg, VA; and Shepherdstown, WV 2581293 0 0 Membership: THE AMERICAN BATTLEFIELD TRUST IS A MEMBERSHIP-BASED ORGANIZATION WITH APPROIMATELY 43,000 ACTIVE MEMBERS FROM ALL 50 STATES, AND MORE THAN A DOZEN TERRITORIES AND OTHER NATIONS, EACH QUARTER, EVERY MEMBER RECEIVED OUR 48-PAGE MAGAZINE, HALLOWED GROUND, AS A FREE EDUCATIONAL MEMBERSHIP BENEFIT. THE MAGAZINE HIGLIGHTS HOW THEIR DIRECT SUPPORT HELP PRESERVE ENDANGERED CIVIL WAR AND REVOLUTIONARY WAR BATTLEFIELD LAND, ADVANCES THE CAUSE OF EDUCATION ABOUT THIS KEY PERIOD IN OUR NATION'S HISTORY, AND EDUCATES THEM DIRECTLY ON HISTORICAL ELEMENTS OF IMPORTANCE ABOUT THE NATION'S FIRST 100 YEARS, AND LAND PRESERVATION. THE TRUST DEPENDS UPON ITS MEMBERS AND SUPPORTERS TO HELP FULFILL ITS BATTLEFIELD PRESERVATION AND EDUCATION MISSIONS EVERY YEAR THROUGH THEIR DUES PAYMENTS, AS WELL AS ADDITIONAL CHARITABLE GIFTS. THE TRUST ALSO HAS A MAJOR DONOR SOCIETY, AS A SUBSET OF ITS OVERALL MEMBERSHIP, CALLED "THE COLOR BEARERS," COMPRISED OF THOSE MEMBERS WHO MAKE DUES PAYMENTS OF $1,000 OR MORE ANUALLY. TOTAL MEMBERSHIP IN THIS GROUP WAS APPROXIMATELY 1,412 MEMBERS AT THE END OF THE FISCAL YEAR. THE TRUST ALSO RECOGNIZES THOSE NEARLY 1,462 MEMBERS WHO HAVE ALSO MADE A PLANNED GIFT TO PRESERVATION IN A SPECIAL GROUP CALLED "THE HONOR GUARD." FURTHER, THE TRUST ENOYS THE SUPPORT OF MORE THAN 393,039 FACEBOOK "FOLLOWERS," OPENING A NEW POOL OF POTENTIAL SUPPORTERS. 2066292 0 102281 Education: This fiscal year, the Education Department hosted its 20th annual National Teacher Institute and for the second time, it was hosted on-line. More than 580 educators from 35 states participated in this 3-day professional development experience, offered free of charge. We also held a smaller virtual Institute in the fall. The Education Department expanded its many video offerings with more than 250 new videos including a first of its kind battlefield driving tour. Our Field Trip Fund and traveling Trunk programs were suspended when the pandemic hit but we have worked on virtual field trips instead. Department staff also produced more than 300 web articles and worked on new curricula and new augmented and virtual reality programs. 11112113 true true false true false false true false false false true false false false true false false false false false false false false false false false false true false true true false false false false false false false false false false true true false false false true true false false false true 116 0 true 57 true false false false false false true true false false false false false false X 30 29 false false false false false false false true true false false true true true true true true true true false AL AZ AR CA CT DE DC FL GA HI IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WV WI WY X X EDGAR LUGO 2023671861 1156 15TH STREET NW SUITE 900 WASHINGTON DC 20005 X DAVID N DUNCAN PRESIDENT (STARTED 10/2020) 50.0 0.0 X X 255325 0 17876 O JAMES LIGHTHIZER PRESIDENT (UNTIL 9/2020) 40.0 0.0 X X 234351 0 36186 THOMAS M GILMORE CHIEF REAL ESTATE OFFICER 50.0 0.0 X 212252 0 37066 JAMES J CAMPI CHIEF POLICY & COMM. OFFICER 50.0 0.0 X 201232 0 27308 GARRY E ADELMAN CHIEF HISTORIAN 50.0 0.0 X 156711 0 44368 SAMUEL F DELUCA LEADER OFFICE (UNTIL 12/2020) 50.0 0.0 X 140315 0 36919 LAWRENCE SWIADER CHIEF DIGITAL OFFICER 50.0 0.0 X 159825 0 10547 RUTH E HUDSPETH CFO 50.0 0.0 X 146678 0 22545 STEPHEN D WYNGARDEN CAO 50.0 0.0 X 123518 0 41103 THOMAS MOORE PRINCIPAL PHILANTHROPIC ADV 50.0 0.0 X 109421 0 31063 KATHLEEN ROBERTSON DEPUTY DIRECTOR OF RE 50.0 0.0 X 112309 0 21870 THOMAS LAUER CHAIRMAN 4.0 0.0 X X 0 0 0 ROBERT C DAUM VICE-CHAIRMAN 4.0 0.0 X X 0 0 0 TRAVIS ANDERSON TREASURER 4.0 0.0 X X 0 0 0 WILLIAM VODRA SECRETARY 4.0 0.0 X X 0 0 0 MARY ABROE TRUSTEE 1.0 0.0 X 0 0 0 DON BARRETT TRUSTEE 1.0 0.0 X 0 0 0 EDWIN BEARSS TRUSTEE (UNTIL 9/2020) 1.0 0.0 X 0 0 0 TERRY BEATY TRUSTEE 1.0 0.0 X 0 0 0 JOHN CULBERSON TRUSTEE 1.0 0.0 X 0 0 0 JEFF DAHLGREN TRUSTEE (UNTIL 6/2020) 1.0 0.0 X 0 0 0 VINCE DOOLEY TRUSTEE 1.0 0.0 X 0 0 0 JIM ELROD TRUSTEE 1.0 0.0 X 0 0 0 RICHARD ETZKORN TRUSTEE 1.0 0.0 X 0 0 0 VAN HIPP TRUSTEE 1.0 0.0 X 0 0 0 WILLIAM HUPP TRUSTEE 1.0 0.0 X 0 0 0 KATE KELLY TRUSTEE 1.0 0.0 X 0 0 0 DUKE LIGON TRUSTEE (UNTIL 6/2020) 1.0 0.0 X 0 0 0 JEFFREY MCCLANATHAN TRUSTEE 1.0 0.0 X 0 0 0 NOAH MEHRKAM TRUSTEE 1.0 0.0 X 0 0 0 RICHARD MILLS TRUSTEE 1.0 0.0 X 0 0 0 JOHN NAU III TRUSTEE 1.0 0.0 X 0 0 0 MARSHALL OLDMAN TRUSTEE 1.0 0.0 X 0 0 0 JEFF RODEK TRUSTEE (UNTIL 6/2020) 1.0 0.0 X 0 0 0 J DENNIS SEXTON TRUSTEE 1.0 0.0 X 0 0 0 CHARLIE TREFZGER TRUSTEE 1.0 0.0 X 0 0 0 ROBERT UHLER TRUSTEE 1.0 0.0 X 0 0 0 SUSAN WHITAKER TRUSTEE 1.0 0.0 X 0 0 0 CHRISTOPHER WELTON TRUSTEE (STARTED 6/2020) 1.0 0.0 X 0 0 0 JOHN CAMPBELL III TRUSTEE (STARTED 2/2021) 1.0 0.0 X 0 0 0 MADHU TADIKONDA TRUSTEE (STARTED 2/2021) 1.0 0.0 X 0 0 0 STEPHAN NEWHOUSE TRUSTEE (STARTED 6/2020) 1.0 0.0 X 0 0 0 THOMAS HAND TRUSTEE (STARTED 6/2020) 1.0 0.0 X 0 0 0 EDGAR LUGO CFO (STARTED 3/2021) 50.0 0.0 X 0 0 0 1851937 0 326851 15 false true false Production Solutions PO Box 26168 OKLAHOMA CITY OK 73126 PRINTING 915360 Bluecadet 1526 Frankford Ave PHILADELPHIA PA 19125 Consulting 263658 Interactive Knowledge Inc 801 Central Ave Suite B CHARLOTTE NC 28204 Website Development 160000 Navistar Direct Marketing 4612 Navistar Drive FREDERICK MD 21703 Printing 151363 WebbMason Marketing PO Box 62414 BALTIMORE MD 21264 MEMBERSHIP 149096 9 105043 3877640 12914495 17636517 2376078 34533695 0 18686 18686 0 38848 38848 287837 363797 -75960 0 -75960 -75960 38714 407210 38714 -407210 -368496 -368496 0 0 0 0 0 0 70193 6369 63824 63824 OTHER REVENUE 900099 38457 38457 38457 34249054 102281 -386922 1632963 1632963 0 0 0 1852923 1327272 150329 375322 0 2181467 1707851 84040 389576 198049 148138 11496 38415 610573 453664 20278 136631 306431 230289 16436 59706 0 54419 39802 14617 0 63611 44528 6361 12722 204664 204664 0 0 8312 8312 0 694731 513936 0 180795 156159 47830 0 108329 1974598 1154877 44294 775427 1234255 1172712 1945 59598 0 553118 415489 30978 106651 33989 31848 1360 781 0 3229 3188 0 41 177836 177836 0 0 0 486257 469160 8829 8268 114490 99866 6900 7724 MEMBERSHIP FULFILLMENT 573737 531336 0 42401 OTHER EXPENSES 371435 371435 0 0 EDUCATIONAL PROGRAM EXPENSES 364837 364837 0 0 LAND MAINTENANCE 332390 332390 0 0 -363798 -363798 13820675 11112113 397863 2310699 863617 528876 9097277 12851741 223563 223361 19050 0 0 0 0 0 0 0 108224 110212 1185935 922257 175954870 2775441 155848864 173179429 0 0 0 0 0 0 0 0 1080851 1041486 168427381 188857362 563250 605072 0 0 120700 97462 2961327 2046378 0 0 0 0 2513732 4176051 0 0 1889646 1307903 8048655 8232866 X 9230092 4575048 151148634 176049448 160378726 180624496 168427381 188857362 20428379 -69768 -112841 X false false X 30896562 37992722 33453492 36294263 34533695 173170734 0 0 30896562 37992722 33453492 36294263 34533695 173170734 22008102 151162632 284631 316599 389046 420647 345371 1756294 0 51628 42388 64437 173521 38457 370431 175297459 1634231 0.86232 0.85075 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1222 217299 218521 13608521 13827042 841352 210338 1000000 1000000 1000000 841352 3841352 5762028 208837 281651 227240 218521 936249 250000 250000 250000 210338 960338 1440507 838 1018 1206 1222 4284 X X 15 913.19 2 2 true 300.00 11607 false 163162779 163162779 10971202 1809911 9161291 861907 253143 608764 958982 712387 246595 173179429 0 DEFERRED COMP PAYABLE 907237 DEFERRED RENT 400666 1307903 SCHEDULE D, PART II, LINE 9: CONSERVATION EASEMENTS ARE RECORDED AS AN ASSET ON THE BALANCE SHEET. THE ORGANIZATION HAS A WRITTEN DOCUMENT REGARDING THE PERIODIC MONITORING INSPECTION, VIOLATIONS, AND ENF0RCEMENT OF THE CONSERVATION EASEMENTS IT HOLDS. true US DEPT OF THE INTERIOR NPS 1849 C STREET NW WASHINGTON DC 20240 530197094 GOVT 93121 APPRAISAL LAND BATTLEFIELD PRESERVATION STATE OF NORTH CAROLINA 4605 MAIL SERVICE CENTER RALEIGH NC 27699 566062189 GOVT 113286 APPRAISAL LAND BATTLEFIELD PRESERVATION BRICE'S CROSSROADS NATL BTFD COMM PO BOX 278 BALDWYN MS 38824 640867348 501(C)(3) 255739 APPRAISAL LAND BATTLEFIELD PRESERVATION SOUTH CAROLINA BATTLEGROUND TRUST PO BO 80668 CHARLESTON SC 29416 571004102 501(C)(3) 56188 Assist in Battlefield Preservation Commonwealth of VA DHR 2801 Kensington Ave Richmond VA 23221 540805908 GOVT 18336 ASSIST IN BATTLEFIELD PRESERVATION STATE OF TN 312 ROSA L PARKS AVE NASHVILLE TN 37243 626001445 GOVT 201457 APPRAISAL LAND BATTLEFIELD PRESERVATION STATE OF OKLAHOMA 800 NAZIH ZUHDI Dr OKLAHOMA CITY OK 73105 736017987 GOVT 100056 APPRAISAL LAND BATTLEFIELD PRESERVATION STATE OF NY 625 BROADWAY ALBANY NY 12207 146013200 GOVT 146235 APPRAISAL LAND BATTLEFIELD PRESERVATION TREVILLIAN STATION BATTLEFIELD FOUNDATION PO BOX 124 TREVILLIANS VA 23170 541830898 501(C)(3) 589211 APPRAISAL LAND BATTLEFIELD PRESERVATION JEFFERSON COUNTY FARMLAND PROTECTION BD 1948 WILTSHIRE ROAD KEARNEYSVILLE WV 25430 550779838 GOVT 7607 ASSIST IN BATTLEFIELD PRESERVATION Reflection Riding Arboretum & Nature Center 400 GARDEN ROAD CHATTANOOGA TN 37419 581311080 501(C)(3) 26312 ASSIST in BATTLEFIELD PRESERVATION STATE OF LOUISIANA 1201 N THIRD ST SUITE 7-210 BATON ROUGE LA 70802 720807104 GOVT 19065 ASSIST in BATTLEFIELD PRESERVATION 12 0 SCHEDULE I, PART I, LINE 2: MOST OF THE GRANTS ISSUED ARE REIMBURSEMENT GRANTS TO AID IN ACQUIRING LAND OR CONSERVATION EASEMENTS. THE GRANT IS NOT ISSUED UNTIL THE LAND OR EASEMENT HAS BEEN ACQUIRED OR AT THE TIME OF SETTLEMENT. THESE TYPES OF GRANT DO NOT NEED MONITORING. X X false true false false false false false false false O JAMES LIGHTHIZER PRESIDENT (UNTIL 9/2020) 196851 0 37500 0 0 0 7676 0 28510 0 270537 0 0 0 STEPHEN D WYNGARDEN CAO 123518 0 0 0 0 0 6176 0 34927 0 164621 0 0 0 RUTH E HUDSPETH CFO 146678 0 0 0 0 0 9839 0 12706 0 169223 0 0 0 DAVID N DUNCAN PRESIDENT (STARTED 10/2020) 255325 0 0 0 0 0 15320 0 2556 0 273201 0 0 0 THOMAS M GILMORE CHIEF REAL ESTATE OFFICER 212252 0 0 0 0 0 12735 0 24331 0 249318 0 0 0 JAMES J CAMPI CHIEF POLICY & COMM. OFFICER 201232 0 0 0 0 0 12074 0 15234 0 228540 0 0 0 GARRY E ADELMAN CHIEF HISTORIAN 156711 0 0 0 0 0 9403 0 34965 0 201079 0 0 0 LAWRENCE SWIADER CHIEF DIGITAL OFFICER 159825 0 0 0 0 0 7991 0 2556 0 170372 0 0 0 SAMUEL F DELUCA LEADER OFFICE (UNTIL 12/2020) 140315 0 0 0 0 0 8419 0 28500 0 177234 0 0 0 SCHEDULE J, PART I, LINE 4B: James Lighthizer, President, participated in a deferred compensation plan. The organization contributed $37,500 to the plan in the current year. A ECONOMIC DEVELOPMENT AUTH SPOTSYLVANIA CTY VA 541237426 2010-04-07 5400000 REFUND A PRIOR ISSUE DATED 5/22/07 false false false A 2400000 0 5400000 0 0 0 0 0 0 0 0 5400000 2010 true false true true A false false false false 0.00000 0.00000 0.00000 false false false true A false false true false true true SUNTRUST BANK 10. false false false 0 false true A true X 150 X 5 2375928 FMV false true false SCHEDULE M, PART I, COLUMN (B): THE AMOUNT REPRESENTS NUMBER OF CONTRIBUTIONS. FORM 990, PART I, LINE 1: TO FACILITATE AWARENESS, APPRECIATION AND PROTECTION OF THE HISTORICAL, CULTURAL AND ENVIRONMENTAL HERITAGE OF THE UNITED STATES THROUGH PROTECTION OF BATTLEFIELDS, INCLUDING BUT NOT LIMITED TO THOSE RELATED TO THE CIVIL WAR AND OTHERS WARS AND MILITARY CONFLICTS IN AMERICAN HISTORY, WITH THE ULTIMATE INTENTION OF ENSURING THEIR PERPETUAL PRESERVATION. FORM 990, PART IV, LINES 12B: THE ORGANIZATION'S CONSOLIDATED INDEPENDENT AUDIT WAS DELAYED DUE TO COVID AND IS EXPECTED TO BE COMPLETED BY MAY 31, 2022. FORM 990, PART VI, SECTION A, LINE 1A: There is an executive committee composed of the Chairmen of the Committees, Chairman & Vice-Chairman of the Board. They have the authority to approve land transactions. FORM 990, PART VI, SECTION B, LINE 11B: AUDIT COMMITTEE MEMBERS, CHAIRMAN OF THE ABT BOARD, PRESIDENT, COO, CFO AND KEY EMPLOYEES REVIEW THE 990 INITIALLY. IF ANY CORRECTIONS NEED TO BE MADE, THE AUDITING FIRM IS NOTIFIED. AFTER THE CORRECTIONS, THE 990 IS THEN DISTRIBUTED TO THE WHOLE BOARD OF TRUSTEES BEFORE THE 990 IS FILED EITHER IN PAPER OR ELECTRONIC FORM. FORM 990, PART VI, SECTION B, LINE 12C: WHENEVER A TRUSTEE HAS A POTENTIAL DIRECT OR INDIRECT PERSONAL INTEREST IN A PROPOSED TRANSACTION OF THE CORPORATION, HE SHALL DISCLOSE THE MATERIAL FACTS OF THE TRANSACTION, THE NATURE OF HIS POTENTIAL INTEREST IN THE TRANSACTION, AND ANY OTHER RELEVANT INFORMATION REGARDING THE TRANSACTION TO THE BOARD OF TRUSTEES. THEREAFTER, THE TRUSTEE SHALL NOT BE PERMITTED TO PARTICIPATE IN THE FINAL BOARD DELIBERATION REGARDING SUCH TRANSACTION, AND SHALL NOT BE PERMITTED TO VOTE ON SUCH TRANSACTION. THE BOARD OF TRUSTEES REVIEW THE CONFLICT OF INTEREST POLICY ON A YEARLY BASIS. FORM 990, PART VI, SECTION B, LINE 15A & 15B: AMERICAN BATTLEFIELD TRUST WILL PAY SALARIES THAT ARE COMPETITIVE WITH THOSE PAID FOR COMPARABLE POSITIONS IN OTHER NON-PROFIT ORGANIZATIONS. EACH EMPLOYEE'S SALARY IS REVIEWED ANNUALLY. SALARY ADJUSTMENTS, IF ANY, WILL BE DISCUSSED AT THIS TIME AS WELL. SALARY ADJUSTMENTS WILL BE PREPARED AND RECOMMENDATIONS WILL BE MADE AT THE TIME THE BUDGET IS PRESENTED TO THE BOARD. IF APPROVED, THEY WILL BECOME EFFECTIVE AT THE PRESIDENT'S DISCRETION. The President's compensation is determined by the Board Chair and Vice-Chair and reviewed by the Executive Committee. FORM 990, PART VI, SECTION C, LINE 19: COPIES OF THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS WILL BE PROVIDED UPON REQUEST TO THE PUBLIC. OUR AUDITED FINANCIALS AND FORM 990 ARE ON THE AMERICAN BATTLEFIELD TRUST WEBSITE. AMERICANS FOR BATTELFIELD PRESERVATION 1156 15TH ST NW SUITE 900 WASHINGTON DC 20005 403843239 PART VII DC 501(C)(4) ABT true ENDANGERED BATTLEFIELD DEFENSE FUND 1156 15TH ST NW SUITE 900 WASHINGTON DC 20005 271035136 PART VII VA 501(C)(3) LINE 12A, I ABT true false true false false false false false false false false false true false true false false false false false SCHEDULE R, PART II, LINE B, COLUMN (B): LINE 1: THE MISSION OF AMERICANS FOR BATTLEFIELD PRESERVATION (AFBP) IS TO PROMOTE AWARENESS OF THE PLIGHT OF OUR NATIONS REMAINING HALLOWED BATTLEGROUNDS. IT IS A STRICTLY NON-PARTISAN ORGANIZATION THAT SEEKS TO BUILD SUPPORT FOR BATTLEFIELD PRESERVATION AMONG ALL LAWMAKERS ON ALL LEVELS OF GOVERNMENT. THE ORGANIZATIONS PRIMARY FOCUS IS TO ENCOURAGE LAWMAKERS ON THE FEDERAL STATE AND LOCAL LEVELS TO ALLOCATE PUBLIC FUNDS FOR BATTLEFIELD PRESERVATION. IN ADDITION AFBP SUPPORTS LOCAL OFFICIALS FOR PUBLIC OFFICE IN A VERY LIMITED NUMBER OF TARGETED COMMUNITIES PLUS TRAINS LOCAL PEOPLE ABOUT HOW TO SUCCESSFULLY CONDUCT COMMUNITY GRASSROOTS ORGANIZING. FUNDRAISING. AND EFFECTIVE USE OF MEDIA. LINE 2: THE MISSION OF THE ENDANGERED BATTLEFIELD DEFENSE FUND IS TO CARRY OUT THE PURPOSES OF THE AMERICAN BATTLEFIELD TRUST.