2020-12-22T16:04:11-06:00 2020-03-31 814234542 BPM LLP 4200 BOHANNON DRIVE SUITE 250 MENLO PARK CA 940251021 990 2019-04-01 940843915 SAVE THE REDWOODS LEAGUE SAVE 4153622352 111 SUTTER STREET 11TH FLOOR SAN FRANCISCO CA 94104 ROLANDO COHEN CFO 4153622352 2020-12-21 1 CAROLYN R AMSTER P00189994 6508556800 2020-12-22 2019 2022-09-23 18:48:47Z SAMUEL M HODDER 111 SUTTER STREET 11TH FLOOR SAN FRANCISCO CA 94104 115555881 0 X WWW.SAVETHEREDWOODS.ORG X 1918 CA THE LEAGUE PROTECTS AND RESTORES REDWOOD FORESTS AND CONNECTS PEOPLE WITH THESE NATURAL WONDERS. 14 14 64 96 0 0 22140324 31566308 0 80500 3932118 9769680 3540313 137096 29612755 41553584 1167247 3691022 0 0 6501154 6829648 271122 389991 4783095 10016599 13722110 17956122 24632771 11656633 16920813 137646181 144344166 2866643 6466196 134779538 137877970 SAVE THE REDWOODS LEAGUE PROTECTS AND RESTORES REDWOOD FORESTS AND CONNECTS PEOPLE WITH THEIR PEACE AND BEAUTY SO THESE WONDERS OF THE NATURAL WORLD FLOURISH. 0 0 3448724 2500 WE PROTECT REDWOOD FORESTLAND THROUGH FEE ACQUISITION AND CONSERVATION EASEMENTS, SUPPORTED BY OUR SCIENCE-BASED VIBRANT FOREST PLAN AND OTHER TOOLS. ACQUISITION OF 530-ACRE ALDER CREEK SECURES PROTECTION FOR THE WORLD'S LARGEST REMAINING PRIVATELY-OWNED GIANT SEQUOIA PROPERTY. THE LEAGUE WILL OWN IT FOR FIVE TO TEN YEARS BEFORE INCORPORATING IT INTO THE GIANT SEQUOIA NATIONAL MONUMENT. FEE ACQUISITION OF THE MISTIER AND NESSET PROPERTIES ALONG FRESHWATER RIDGE, WHICH SEPARATES REDWOOD NATIONAL PARK AND HUMBOLDT LAGOONS STATE PARK, COMBINED WITH THE NEARBY LEAGUE-HELD BATHHURST AND MILLER PROPERTIES, SECURES A 90-ACRE NATURAL CORRIDOR, SAFEGUARDING MIXED-CONIFER FOREST AND WILDLIFE HABITAT. THESE FOUR PROPERTIES WILL BE TRANSFERRED TO REDWOOD NATIONAL AND STATE PARK. 8920567 2964340 WE RESTORE YOUNG, RECOVERING REDWOOD FORESTS THROUGH ACTIVE FOREST STEWARDSHIP AND CONTINUE TO RESEARCH BEST PRACTICES FOR RESTORATION FORESTRY. OUR REDWOODS RISING INITIATIVE WITH REDWOOD NATIONAL AND STATE PARKS RECENTLY BEGAN THE IMPLEMENTATION PHASE, AND HAS ALREADY CONDUCTED RESTORATION THINNING ON 150 ACRES OF SECOND-GROWTH FORESTS AND REMOVED ONE MILE OF ROADWAY. THE LEAGUE ALSO MANAGED PRESCRIBED BURNS IN THE MATTOLE WATERSHED IN HUMBOLDT COUNTY, ON OUR BEAVER CREEK PROPERTY IN THE SIERRA NEVADA, OUR BIG RIVER MENDOCINO OLD-GROWTH REDWOODS PROPERTY AND AT SAN VICENTE REDWOODS IN THE SANTA CRUZ MOUNTAINS. OUR REDWOODS AND CLIMATE CHANGE INITIATIVE CONFIRMED THE EXCEPTIONAL CARBON STORAGE CAPACITY OF REDWOOD FORESTS, INCLUDING RAPIDLY RECOVERING SECOND-GROWTH FORESTS. 5220187 724182 WE CONNECT PEOPLE TO THE PEACE AND BEAUTY OF THE CALIFORNIA REDWOODS. THE LEAGUE STARTED CONSTRUCTION ON A WALKWAY AT THE GROVE OF TITANS IN JEDEDIAH SMITH REDWOODS STATE PARK; CONTINUED RENOVATION OF THE BIG BASIN NATURE MUSEUM AND RESEARCH CENTER; NEARED COMPLETION OF THE PFEIFFER FALLS TRAIL IN PFEIFFER BIG SUR STATE PARK; AND RENOVATED THE GARDEN CLUB OF AMERICA GROVE IN HUMBOLDT REDWOODS STATE PARK. WE DEEPENED RELATIONSHIPS WITH SEVERAL CALIFORNIA TRIBAL COMMUNITIES AND ESTABLISHED A TRIBAL ENGAGEMENT WORK GROUP. WE BROUGHT 2,500 STUDENTS TO THE REDWOOD FOREST AND INTRODUCED 17,000 STUDENTS TO CALAVERAS BIG TREES STATE PARK IN PARTNERSHIP WITH THE CALIFORNIA STATE PARKS'S PORTS PROGRAM. 430 220184 430 220184 17589908 1 1 0 1 0 0 1 0 0 1 1 0 0 0 1 0 1 0 0 0 0 0 0 1 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 99 0 1 64 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 14 14 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AK AR CA CO CT FL GA IL IN KS KY LA ME MD MA MI MN MS NV NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VT VA WA WV WI DC HI X X ROLANDO COHEN 4153622352 111 SUTTER STREET 11TH FLOOR SAN FRANCISCO CA 94104 ROSEMARY CAMERON DIRECTOR & VICE CHAIR 3.00 X X 0 0 0 SARA A CLARK DIRECTOR 3.00 X 0 0 0 WILLIAM A CROFT DIRECTOR 3.00 X 0 0 0 MELISSA HARRIS DIRECTOR 3.00 X 0 0 0 CARYL HART DIRECTOR 3.00 X 0 0 0 MARGARET LIGHT DIRECTOR 3.00 X 0 0 0 JOHN MONTAGUE DIRECTOR 3.00 X 0 0 0 JOHN SCHARFFENBERGER DIRECTOR 3.00 X 0 0 0 ABRAHAM TARAPANI DIRECTOR & ASSISTANT TREASURER 3.00 X X 0 0 0 ANDREW VOUGHT DIRECTOR & VICE CHAIR 3.00 X X 0 0 0 C BLAKE T WILLIAMS DIRECTOR & TREASURER 3.00 X X 0 0 0 MICHAEL K WOO DIRECTOR 3.00 X 0 0 0 MICHAEL WYATT DIRECTOR & SECRETARY 3.00 X X 0 0 0 MATT BERLER DIRECTOR & CHAIR 5.00 X X 0 0 0 SAMUEL M HODDER PRESIDENT & CEO 40.00 X 273161 0 56045 ROLANDO COHEN CFO/COO 40.00 X 222691 0 40189 HARRY POLLACK GENERAL COUNSEL & ASST SEC 40.00 X 172019 0 56643 TIM WHALEN CHIEF DEVELOPMENT OFFICER 40.00 X 210578 0 32190 SUZANNE MOSS CAMPAIGN DIRECTOR 40.00 X 198539 0 38601 PAUL RINGGOLD CHIEF PROGRAM OFFICER 40.00 X 195041 0 32701 JENNIFER BENITO-KOWALSKI CHIEF COMMUNICATIONS OFFIC 40.00 X 155718 0 28366 BECKY BREMSER DIRECTOR OF LAND PROTECTION 40.00 X 132714 0 19347 1560461 0 304082 17 0 1 0 ANCHOR QEA LLC 1201 3RD AVENUE SUITE 2600 SEATTLE WA 98101 COMPLIANCE & PERMITTING 416707 KLAMATH RIVER CONSTRUCTION WALTER LARA PO BOX 623 KLAMATH CA 95548 LAND IMPROVEMENTS 257289 K2D STRATEGIES LLC 4075 WILSON BLVD ARLINGTON VA 22203 MARKETING & FUNDRAISING 113402 SHUTE MIHALY & WEINBERGER LLP 396 HAYES STREET SAN FRANCISCO CA 94104 LEGAL SERVICES 101387 4 565986 3993950 27006372 7019436 31566308 DONORS TRIPS 900099 80500 80500 80500 1772976 1772976 1406 1406 81878219 73881515 7996704 7996704 7996704 92340 565986 120782 -28442 -28442 OTHER INCOME 900099 160964 139684 21280 LIST RENTAL 900099 3168 3168 164132 41553584 220184 0 9767092 3691022 3691022 849735 466250 153377 230108 4678639 2567169 844494 1266976 326327 179056 58902 88369 588436 322875 106213 159348 386511 212079 69765 104667 27508 18998 363 8147 64377 64377 29066 29066 389991 389991 133722 133722 706649 686272 14083 6294 286607 100957 55381 130269 217198 66329 58095 92774 923469 492028 190528 240913 304440 113675 33392 157373 617830 107829 98817 411184 19407 19407 236399 126143 48698 61558 73430 39292 15078 19060 SITE IMPROVEMENTS 5786824 5786824 OTHER PROJECTS COSTS 1410860 1409666 1194 PRINTING, PUBLICATIONS, 1072914 185901 80280 806733 SERVICES & FEES 1001664 260146 199654 541864 809746 708924 34549 66273 24632771 17589908 2259768 4783095 3274184 3373197 4711612 2799115 18142136 20497959 51990 84448 84672 38611 249639 218858 64415756 1418494 48277236 62997262 58304612 50617369 4550100 3717347 137646181 144344166 1612093 2740651 154550 1367401 1100000 2100000 0 258144 2866643 6466196 X 89873257 81015757 44906281 56862213 134779538 137877970 137646181 144344166 X 16920813 -12700751 -1121630 X X 0 1 X 1 0 X 12797830 15041498 35733781 22140324 31680601 117394034 12797830 15041498 35733781 22140324 31680601 117394034 12065705 105328329 1626260 1444311 1747488 2830853 1774382 9423294 2598 1067 61348 25738 24448 115199 126932527 660745 0.82980 0.90210 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 29957 29957 0 19686003 19715960 0 1000000 0 250000 0 0 0 801421 1000000 800436 1000000 3601857 5402786 3569 409910 73940 29957 517376 200355 250000 200109 0 650464 975696 0 0 0 0 X X X 31 34514.00 0 0 0 1 1 1092.00 164170 1 1012946 -203229 809717 984515 28431 1012946 888679 95836 984515 694946 193732 888679 740702 -45756 694946 0.00000 0.50730 0.49270 0 0 62162683 62162683 1372744 735170 637574 880329 683324 197005 62997262 LIABILITY TO BENEFICIARIES 258144 258144 27720263 -12700751 2000 -1000848 -13699599 41419862 133722 133722 41553584 24621831 2000 120782 122782 24499049 133722 133722 24632771 PART II, LINE 9: EXPLANATION: ACCOUNTING FOR CONSERVATION EASEMENTS EASEMENTS ARE WRITTEN DOWN TO ZERO AT THE TIME THAT THEY ARE ACQUIRED AND THE VALUE OF THE WRITE DOWN IS CLEARLY DEMARCATED AS "CONSERVATION EASEMENT AQUISITION" IN THE LAND TRANSACTIONS AND CONSERVATION EASEMENTS SECTION OF THE STATEMENT OF ACTIVITIES AND CHANGES IN NET ASSETS. IF THE EASEMENT IS DONATED, THEN THE APPRAISED VALUE OF THE EASEMENT WILL BE TREATED AS REVENUE AND THE CORRESPONDING AMOUNT AS AN EXPENSE. THE EASEMENTS DO NOT APPEAR ON THE STATEMENT OF FINANCIAL POSITION AS THEY ARE VALUED AT ZERO. BELOW, PLEASE SEE THE TEXT OF THE FOOTNOTE CONTAINED IN THE LEAGUE'S ANNUAL FINANCIAL STATEMENTS: CONSERVATION EASEMENT POLICY: CONSERVATION EASEMENTS ARE EXPENSED AS A PROGRAM EXPENSE IN THE PERIOD THEY ARE ACQUIRED OR DONATED TO THE LEAGUE. SALES OF CONSERVATION EASEMENTS ON REAL ESTATE HELD BY THE LEAGUE TO PUBLIC AGENCIES ARE RECORDED AS A DECREASE IN THE BASIS OF THE REAL ESTATE HELD IN THE STATEMENT OF FINANCIAL POSITION. THERE WERE NO CONSERVATION EASEMENT ACQUISITIONS DURING THE YEARS ENDED MARCH 31, 2020 AND 2019. SYNOPSIS OF THE WRITTEN POLICIES REGARDING HOW THE ORGANIZATION MONITORS, INSPECTS, RESPONDS TO VIOLATIONS AND ENFORCES CONSERVATION EASEMENTS. SAVE THE REDWOODS LEAGUE ("LEAGUE") HAS ADOPTED AND FOLLOWS COMPREHENSIVE POLICIES AND PROCEDURES FOR THE STEWARDSHIP OF ALL ITS CONSERVATION EASEMENTS, THOSE WHICH IT HOLDS AS THE "GRANTEE AND ALSO THOSE FOR WHICH IT RETAINS SECONDARY OR RESIDUAL ENFORCEMENT RIGHTS. THESE POLICIES AND PROCEDURES PROVIDE FOR ANNUAL ON-SITE MONITORING/INSPECTION OF THE PROPERTIES COVERED BY CONSERVATION EASEMENTS. PRIOR TO THE MONITORING VISIT, THE MONITOR REVIEWS THE TERMS AND CONDITIONS OF THE EASEMENT, PHOTOS, MAPS & SURVEYS, APPLICABLE BASELINE REPORT, AND PREVIOUS MONITORING REPORTS ALONG WITH RELEVANT CORRESPONDENCE RELATING TO THE CONSERVATION EASEMENT. THE POLICIES AND PROCEDURES ALSO INCLUDE PROVISIONS FOR PREPARATION AND RETENTION OF REPORTS OF ALL MONITORING VISITS, DOCUMENTATION OF COMMUNICATIONS WITH LANDOWNERS, PROCEDURES RELATING TO ENFORCEMENT OF THE CONSERVATION EASEMENT AND PROCEDURES FOR THE HANDLING OF LANDOWNER INQUIRIES AND REQUESTS RELATING TO THE CONSERVATION EASEMENT. IT IS THE POLICY AND ESTABLISHED PRACTICE OF THE LEAGUE TO INCLUDE PROVISIONS IN ALL OF ITS CONSERVATION EASEMENTS THAT ALLOW THE LEAGUE TO CONDUCT ANNUAL (OR MORE FREQUENT) MONITORING AND TO AUTHORIZE THE LEAGUE TO BRING ENFORCEMENT ACTIONS, IF NECESSARY, TO PREVENT VIOLATIONS OF THE CONSERVATION EASEMENT AND TO RESTORE THE PROPERTY TO THE CONDITION THAT EXISTED PRIOR TO A VIOLATION. PART V, LINE 4: THE LEAGUE INTENDS TO GROW THE ENDOWMENT BY THE RECEIPT OF NEW GIFTS AND INVESTMENT RETURN, AND EXPECTS ITS ENDOWMENT FUNDS, OVER TIME, TO PROVIDE AN AVERAGE RATE OF RETURN OF APPROXIMATELY 7% ANNUALLY. THE BOARD WILL REVIEW ITS SPENDING POLICY ON A PERIODIC BASIS TO DETERMINE WHEN IT WOULD BE PRUDENT TO REVISE THE CURRENT SPENDING POLICY. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE -1,078,457. FUNDRAISING EXPENSE 120,782. IMPAIRMENT LOSS -43,173. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE 120,782. X X X X X X 1 NEXT GENERATION FUNDRAISING INC 1235 WESTLAKES DRIVE SUITE 130 BERWYN PA 19312 DIRECT MAIL CONSULTING 0 1587595 95506 1492089 K2D STRATEGIES LLC 5800 9TH ROAD N 100 ARLINGTON VA 22205 DIGITAL FUNDRAISING CONSULTING 0 1240990 148033 1092957 INTEGRAL LLC PO BOX 33091 WASHINGTON DC 20033 FUNDRAISING ANALYTICAL CONSULTING 0 0 60000 -60000 ROBERT J BOONE 639 GEARY STREET 716 SAN FRANCISCO CA 94102 PROSPECT RESEARCH CONSULTING 0 0 7825 -7825 MISSION MINDED 145 MAYWOOD WAY SAN RAFAEL CA 94901 CAMPAIGN CONSULTING 0 0 124861 -124861 WEALTH ENGINE INC 100 BROADWAY SAN FRANCISCO CA 94111 PROSPECT RESEARCH CONSULTING 0 0 5000 -5000 2828585 441225 2387360 AL AK AR AZ CA CO CT DC FL GA IL IN KS KY ME MD MA MI MN MS NV NH NJ NM NY NC ND OH OK OR PA RI TN UT VT VA WA WV WI SC HI GALA 2019 658326 565986 92340 98472 19300 3010 658326 565986 92340 98472 19300 3010 120782 -28442 1 CALIFORNIA DEPARTMENT OF PARKS AND RECREATION 1416 9TH STREET 14TH FLOOR SACRAMENTO CA 95814 680303606 GOVERNMENT 466000 TRAIL CONSTRUCTION, GROVE GRANT, & PARK SUPPORT GRANT CALIFORNIA STATE UNIVERSITY BAKERSFIELD 9001 STOCKDALE HIGHWAY BAKERSFIELD CA 93311 320291662 GOVERNMENT 44780 RESEARCH GRANT FORTUNA ELEMENTARY SCHOOL DISTRICT 500 9TH STREET FORTUNA CA 95540 300852344 501(C)(3) 31812 EDUCATION GRANT GOLDEN GATE NATIONAL PARKS CONSERVANCY FORT MASON BUILDING 201 SAN FRANCISCO CA 94123 942781708 501(C)(3) 10000 EDUCATION GRANT HUMBOLDT STATE UNIVERSITY 1 HARPST ST SBS ROOM 427 ARCATA CA 955218299 946050071 501(C)(3) 486642 RESTORATION APPRENTICESHIP GRANTS, CLIMATE CHANGE GRANT, & RESEARCH GRANT NATIONAL PARK SERVICE 333 BUSH ST SUITE 500 SAN FRANCISCO CA 94104 530197094 GOVERNMENT 2240480 RESTORATION GRANT & PARK SUPPORT GRANT NORTHERN ARIZONA UNIVERSITY PO BOX 4080 FLAGSTAFF AZ 860114080 742579628 GOVERNMENT 24377 RESEARCH GRANT UNIVERSITY OF CALIFORNIA BERKELEY 2195 HEARST AVENUE ROOM 130 BERKELEY CA 947201103 946002123 GOVERNMENT 23224 RESEARCH GRANT UNIVERSITY OF CALIFORNIA DAVIS 1850 RESEARCH PARK DRIVE DAVIS CA 956186153 946036494 GOVERNMENT 263662 RESEARCH GRANT 9 0 PART I, LINE 2: ALL GRANTS ARE MADE TO EXEMPT OR GOVERNMENTAL ENTITIES WHO ARE THEMSELVES SUBJECT TO STRICT OPERATING RULES. X 1 1 X X X X 0 0 0 0 0 0 0 0 0 SAMUEL M HODDER PRESIDENT & CEO 272454 0 0 0 707 0 22400 0 33645 0 329206 0 0 0 ROLANDO COHEN CFO/COO 222601 0 0 0 90 0 17769 0 22420 0 262880 0 0 0 HARRY POLLACK GENERAL COUNSEL & ASST SEC 171499 0 0 0 520 0 14590 0 42053 0 228662 0 0 0 TIM WHALEN CHIEF DEVELOPMENT OFFICER 209978 0 0 0 600 0 16764 0 15426 0 242768 0 0 0 SUZANNE MOSS CAMPAIGN DIRECTOR 197864 0 0 0 675 0 15879 0 22722 0 237140 0 0 0 PAUL RINGGOLD CHIEF PROGRAM OFFICER 195041 0 0 0 0 0 15524 0 17177 0 227742 0 0 0 JENNIFER BENITO-KOWALSKI CHIEF COMMUNICATIONS OFFIC 154818 0 0 0 900 0 12822 0 15544 0 184084 0 0 0 BECKY BREMSER DIRECTOR OF LAND PROTECTION 132714 0 0 0 0 0 7217 0 12130 0 152061 0 0 0 PART I, LINE 1A THE ORGANIZATION REIMBURSES UP TO $75 PER MONTH IN HEALTH CLUB DUES. THE BENEFIT IS AVAILABLE TO ALL EMPLOYEES WHO HAVE COMPLETED ONE MONTH OF SERVICE. X 45 6150809 FMV X 1 850000 FMV X OTHER 8 18627 FMV 0 1 0 PART I, COLUMN (B): THE NUMBERS LISTED ABOVE REPRESENT THE NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS ONE (1) CLASS OF VOTING MEMBERS, REFERRED TO AS "COUNCILORS" WHO ARE THE "MEMBERS" WITHIN THE MEANING OF THE CALIFORNIA NONPROFIT CORPORATION LAW. THE ORGANIZATION REFERS TO DONORS/FINANCIAL SUPPORTERS AS "MEMBERS" EVEN THOUGH THOSE PERSONS ARE NOT ENTITLED TO VOTE AND ARE NOT "MEMBERS" AS DEFINED IN STATE LAW. FORM 990, PART VI, SECTION A, LINE 7A THE LEAGUE HAS 66 MEMBERS WHO COMPRISE THE BOARD OF COUNCILORS. THE COUNCIL HAS THE POWER TO ELECT THE DIRECTORS, I.E., THE MEMBERS OF THE GOVERNING BODY (THE BOARD OF DIRECTORS). FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO FILING THE RETURN, THE 990 IS REVIEWED IN DETAIL BY THE LEAGUE'S CHIEF OPERATING OFFICER/CHIEF FINANCIAL OFFICER, CONTROLLER, GENERAL COUNSEL AND CEO/PRESIDENT. THE BOARD RECEIVES A COPY OF THE RETURN FOR REVIEW BEFORE THE LEAGUE FILES THE RETURN. THE BOARD OF DIRECTORS REVIEWS THE FINANCIAL REPORTS QUARTERLY, THE FINANCE COMMITTEE REVIEWS THE FINANCIAL STATEMENTS BI-ANNUALLY, THE AUDIT COMMITTEE REVIEWS THE INDEPENDENT AUDIT PROCESS AND THE ANNUAL FINANCIAL STATEMENTS AND THE PRESIDENT AND CHIEF EXECUTIVE OFFICER, CHIEF OPERATING OFFICER/CHIEF FINANCIAL OFFICER, AND THE REST OF THE SENIOR TEAM REVIEWS THE FINANCIAL STATEMENTS AND VARIANCES FROM BUDGET ON A MONTHLY BASIS. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM EACH YEAR. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD FUNCTIONS AS THE COMPENSATION COMMITTEE TO DETERMINE THE COMPENSATION OF THE EXECUTIVE DIRECTOR AND APPROVE THAT OF THE CHIEF OPERATING OFFICER/CHIEF FINANCIAL OFFICER. INDEPENDENT REVIEW, OUTSIDE COMPENSATION ANALYSTS, AND COMPARABILITY STUDIES ARE CONDUCTED AMONG SIMILAR ORGANIZATIONS TO OBTAIN MARKET DATA, IN CONJUNCTION WITH PERFORMANCE EVALUATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION POSTS AUDITED FINANCIAL STATEMENTS AND 990 TO THE WEBSITE ANNUALLY. THE ORGANIZATION PROVIDES COPIES TO ANY PERSON UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE -1,078,457. IMPAIRMENT LOSS -43,173. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. CHARITABLE REMAINDER TRUST (6) 111 SUTTER STREET 11TH FLOOR SAN FRANCISCO CA 94104 CHARITABLE REMINDER TRUST CA N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0