2019-11-01T11:43:34-05:00 2018-12-31 113518842 MARKS PANETH LLP 685 THIRD AVENUE NEW YORK NY 10017 990 2018-01-01 133028060 OPEN SPACE INSTITUTE LAND TRUST INC OPEN 2122908200 1350 BROADWAY NO 201 NEW YORK NY 100187799 ROBERT ANDERBERG SVP & GENERAL COUNSEL 2122908200 2019-10-30 1 MAGDALENA M CZERNIAWSKI P00535099 2125038800 2019-10-30 69.74.165.34 2019-10-30 11:16:56 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 86324AA6648A884C06306129ED8808CB1BD1A3DC 2018 2020-03-31 21:24:44Z CHRISTOPHER J ELLIMAN 1350 BROADWAY NO 201 NEW YORK NY 100187799 71044520 0 X WWW.OSINY.ORG X 1980 NY A SUPPORTING ORGANIZATION OF THE OPEN SPACE INSTITUTE, INC. THAT HOLDS LAND & CONSERVATION EASEMENTS. 27 26 0 27 0 89966 12801276 12080600 1326369 4972668 19660630 9153791 78665 1421096 33866940 27628155 8565728 17402249 0 0 7222216 7500928 0 0 744597 12364099 12676222 28152043 37579399 5714897 -9951244 294297858 277145317 20743793 31300406 273554065 245844911 X OSILT IS A SUPPORTING ORGANIZATION OF OPEN SPACE INSTITUTE, INC., BOTH OF WHICH CONSERVE LAND TO PROTECT SCENIC, NATURAL AND HISTORIC LANDSCAPES AND TO ENSURE PUBLIC ENJOYMENT, EQUITABLE ACCESS, INTACT HABITATS AND COMMUNITY ENGAGEMENT IN LAND PROTECTION. 0 0 12470821 8115515 7743867 LAND PROGRAM: TO CONSERVE LANDSCAPES, OSILT ACQUIRES LANDS AND CONSERVATION EASEMENTS, AND CONVEYS PROTECTED PROPERTIES TO GOVERNMENT AGENCIES, OTHER NON-PROFIT ORGANIZATIONS AND CONSERVATION BUYERS. IN 2018 OSILT PRESERVED 25,505 ACRES OF LAND HAVING A FAIR MARKET VALUE OF $23 MILLION. OSILT CONSERVES LANDS THAT OFFER MULTIPLE ECOLOGICAL AND RECREATIONAL BENEFITS. TO MINIMIZE CLIMATE CHANGE, OSILT ACQUIRES LANDS THAT OFFER MITIGATION, RESILIENCY, OR LONG-TERM PROTECTION. OSILT ALSO ACQUIRES LANDS THAT PROVIDE BROADLY ACCESSIBLE AND EQUITABLE PUBLIC ACCESS TO PARKS AND CONSERVED AREAS, AND LANDS THAT PROTECT HABITAT AND WATERSHEDS. OSILT PURCHASES LAND IN THE EASTERN UNITED STATES AND CANADA. 10001135 1345097 0 PARKS AND POLICY: OSILT PROVIDES AND IMPROVES ACCESS TO PARKS BY ACQUIRING LAND, DEVELOPING THE INFRASTRUTURE FOR PUBLIC ACCESS, AND PROMOTING PUBLIC POLICY. OSILT ENTERS INTO PUBLIC/PRIVATE PARTNERSHIPS WITH GOVERNMENT AGENCIES OR PARTNERS WITH OTHER CONSERVATION ORGANIZATIONS TO DESIGN AND CONSTRUCT INFRASTRUCTURE TO MAKE PROTECTED LANDS MORE READILY ACCESSIBLE TO A BROAD SWATH OF THE GENERAL PUBLIC. OSILT ALSO SELECTIVELY ENGAGES IN PUBLIC ADVOCACY TO PROVIDE FUNDING FOR LAND CONSERVATION AND TO ENSURE THAT ADEQUATE FUNDS ARE APPROPRIATED FOR THE PURCHASE AND STEWARDSHIP OF SUCH PUBLIC LANDS. OSILT'S WORK, INLCUDES ENSURING ADEQUATE FUNDING FOR THE FEDERAL LAND AND WATER CONSERVATION FUND (LWCF). 9657347 7874482 222099 CONSERVATION CAPITAL PROGRAM: THIS PROGRAM PROVIDES GRANTS AND LOANS, PRIMARILY TO OTHER LAND TRUSTS, TO PROTECT PARKS AND PRESERVES AS WELL AS WORKING FARMS AND FORESTS IN THE EASTERN UNITED STATES AND CANADA. THIS PROGAM ALSO CONDUCTS RESEARCH AND EDUCATIONAL ACTIVITIES TO IDENTIFY CONSERVATION PRIORITIES AND IDENTIFY METHODS OF ATTRACTING OR DEVELOPING NEW FINANCING FOR PERMANENT CONSERVATION. IN 2018, THE ORGANIZATION MADE FORTY-FIVE GRANTS, TOTALING $7.8 MILLION AND RESULTING IN THE PROTECTION OF 29,978 ACRES OF LAND WITH A FAIR MARKET VALUE OF $52 MILLION IN FOURTEEN STATES AND PROVINCES. 1577392 67155 STEWARDSHIP 1577392 67155 33706695 1 1 0 1 0 1 1 0 0 1 1 1 0 0 1 1 0 1 0 0 1 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 27 26 1 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NY CA CT DC FL GA MA ME NC NJ NH PA SC TN WA X JOSEPH HOLLAND CONTROLLER 2122908200 1350 BROADWAY SUITE 201 NEW YORK NY 100187799 AMELIA SALZMAN CO-CHAIR 3.00 3.00 X X 0 0 0 CAROL ASH BOARD MEMBER 2.00 2.00 X 0 0 0 CAROLINE NIEMCZYK VICE CHAIR 1.00 1.00 X X 0 0 0 DALE S BRYK BOARD MEMBER (LEFT 1/31/19) 1.00 1.00 X 0 0 0 DOUGLAS BATESON BOARD MEMBER 1.00 1.00 X 0 0 0 ELIZABETH BORDEN BOARD MEMBER 1.00 1.00 X 0 0 0 GILMAN S BURKE BOARD MEMBER 1.00 1.00 X 0 0 0 HOLLY HEGENER BOARD MEMBER 1.00 1.00 X 0 0 0 HUME R STEYER SECRETARY 1.00 1.00 X X 0 0 0 JENNIFER CUNNINGHAM BOARD MEMBER 1.00 1.00 X 0 0 0 JOHN CAHILL BOARD MEMBER 2.00 2.00 X 0 0 0 JOHN ERNST BOARD MEMBER 1.00 1.00 X 0 0 0 JOHN H ADAMS CO-CHAIR 3.00 3.00 X X 0 0 0 JOSHUA GINSBERG BOARD MEMBER 1.00 1.00 X 0 0 0 KATHERINE O ROBERTS BOARD MEMBER 1.00 1.00 X 0 0 0 LEA PAINE HIGHET BOARD MEMBER 1.00 1.00 X 0 0 0 PATRICIA F SULLIVAN BOARD MEMBER 1.00 1.00 X 0 0 0 PAUL J ELSTON BOARD MEMBER 1.00 1.00 X 0 0 0 PETER A BIENSTOCK BOARD MEMBER 3.00 3.00 X 0 0 0 SAMUEL G HUBER BOARD MEMBER 1.00 1.00 X 0 0 0 SAMUEL W LAMBERT III BOARD MEMBER 1.00 1.00 X 0 0 0 STEPHEN J CLEARMAN BOARD MEMBER (LEFT 3/15/19) 1.00 1.00 X 0 0 0 SUSAN BABCOCK BOARD MEMBER 1.00 1.00 X 0 0 0 T JEFFERSON CUNNINGHAM III TREASURER 3.00 3.00 X X 0 0 0 THOMAS WRIGHT BOARD MEMBER 1.00 1.00 X 0 0 0 W BARNABAS MCHENRY BOARD MEMBER 1.00 1.00 X 0 0 0 YUKI MOORE LAURENTI BOARD MEMBER 1.00 1.00 X 0 0 0 CHRISTOPHER ELLIMAN PRESIDENT & CEO 38.00 2.00 X 0 466322 65507 ERIK KULLESEID SVP, PARKS (LEFT 1/21/19) 38.00 2.00 X 0 205354 49796 JEFFREY LEJAVA VP & ASSOC. GEN. COUNSEL 33.00 7.00 X 0 172884 52015 JENNIFER MELVILLE VP, CONSERV. GRANTS & LOANS 38.00 2.00 X 0 122529 41498 JOSEPH HOLLAND ASST. TREAS. & CONTROLLER 38.00 2.00 X 0 124699 14865 NATE BERRY VICE PRESIDENT 38.00 2.00 X 0 201295 52657 PETER HOWELL EXECUTIVE VP, CONSERVATION 38.00 2.00 X 0 247869 43989 RACHEL PIVNICK SVP & CFO (LEFT 3/29/19) 38.00 2.00 X 0 203190 29961 ROBERT K ANDERBERG SVP & GENERAL COUNSEL 36.00 4.00 X 0 219843 43131 SAMAYLA DEUTCH SVP & GENERAL COUNSEL 38.00 2.00 X 0 212155 43151 TALLY BLUMBERG SVP, PROGRAMS 38.00 2.00 X 0 243924 53029 TERRENCE NOLAN SVP, CONSERVATION TRANSACT 38.00 2.00 X 0 201850 52796 0 2621914 542395 0 0 1 0 0 2571006 9509594 728232 12080600 SERVICE INCOME 900099 4750569 4750569 INTEREST ON LOANS 900099 222099 222099 4972668 1175433 1175433 143992 0 143992 143992 143992 49678529 1716194 43416365 0 6262164 1716194 7978358 1716194 6262164 MISCELLANEOUS 900099 648686 648686 LOAN AND BAD DEBT RECOVERY 628418 628418 1277104 27628155 7965966 0 7581589 17357249 17357249 45000 45000 3003534 1938283 875277 189974 3361727 2593828 453801 314098 207610 161554 23746 22310 541750 381871 107903 51976 386307 275589 79314 31404 85152 69525 15473 154 357444 357444 564160 564160 1113709 843723 267322 2664 131827 92785 17867 21175 168115 109076 50883 8156 159605 130314 29002 289 1339534 955596 299184 84754 397206 192552 202485 2169 167858 167858 291303 238088 53215 244042 174095 54506 15441 PUBLIC REC. ADDITIONS 6151390 6151390 REAL ESTATE RESERVE EXP 1000000 1000000 PROPERTY MAINTENANCE 442404 442404 MISCELLANEOUS 60602 26600 33969 33 1871 1871 37579399 33706695 3128107 744597 42489308 33722242 10392491 6126252 815832 5318787 5061516 6386442 1002228 1139181 46578102 1848620 27964322 44729482 55299138 55079383 138647098 124113894 12625925 529654 294297858 277145317 237453 4226328 880600 6742237 8632041 3304852 10137849 17025339 855850 1650 20743793 31300406 X 74581530 69174681 198972535 176670230 273554065 245844911 294297858 277145317 X -9951244 -18585550 827640 X X 0 1 X 1 0 X X 1 OPEN SPACE INSTITUTE INC 521053406 7 1 0 1092127 1 0 1092127 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 PART IV, SECTION A, LINE 6: OSILT PROVIDES GRANTS AND LOANS, PRIMARILY TO OTHER LAND TRUSTS, TO PROTECT DIVERSE LANDSCAPES THAT INCLUDE PARKS AND PRESERVES AS WELL AS WORKING FARMS AND FORESTS IN THE EASTERN UNITED STATES AND CANADA. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 134441 134441 223003 223003 357444 357444 37232607 39739263 37590051 40096707 1000000 1000000 250000 250000 0 0 0 0 1000000 1000000 1000000 1000000 4000000 6000000 352575 295257 328578 357444 1333854 250000 250000 250000 250000 1000000 1500000 193248 121538 113171 134441 562398 2 10500 1121399 1 1 X X X X 92 20041.00 160 1 1 3359.00 174977 165928611 -10256403 7869055 147803153 152427587 21481583 7980559 165928611 151613634 8437190 7623237 152427587 161209214 -1665319 7930261 151613634 164204032 4533638 7528456 161209214 1.00000 0 0 40907634 40907634 5114019 1521300 3592719 88444 88444 419309 315136 104173 48696 12184 36512 44729482 INVESTMENT- LLC 5630992 F NET ASSET VALUE 101456269 F ALTERNATIVE INVESTMENTS 17026633 F 124113894 DEPOSIT ON SALE 1650 1650 X 11913048 -18585550 3434603 -15150947 27063995 564160 564160 27628155 38276935 1261696 1261696 37015239 564160 564160 37579399 PART II, LINE 9: PURCHASED EASEMENTS THAT HAVE A RESALE VALUE ARE RECORDED AT THE LOWER OF COST OR FAIR MARKET VALUE. DONATED EASEMENTS THAT HAVE A RESALE VALUE ARE RECORDED AT THE LOWER OF THE DONATED VALUE OR FAIR MARKET VALUE. CONSERVATION EASEMENTS DETERMINED BY OSILT TO HAVE NO RESALE VALUE ARE WRITTEN DOWN TO A $1 CARRYING VALUE. PART V, LINE 4: THE WALLACE ENDOWMENT IS INTENDED TO BE USED FOR THE PURPOSE OF ACQUIRIING AND/OR HOLDING LAND IN THE HUDSON RIVER VALLEY, CATSKILLS AND ADIRONDACKS IN ORDER TO PRESERVE AND PROTECT SUCH LAND FOR THE BENEFIT OF THE PUBLIC, AND SECONDARILY FOR OTHER PURPOSES THAT ARE IN FURTHERANCE OF THE CONSERVATION OF THE SCENIC BEAUTY, HISTORIC VALUES AND RESOURCES OF THE REGIONS. THE MALCOLM GORDON CHARITABLE ENDOWMENT FUNDS WERE CLASSIFIED AS TEMPORARILY RESTRICTED BECAUSE THE GRANTOR WHO ESTABLISHED THE TRUST REQUIRED THAT THE FUNDS BE DEVOTED TO ENVIRONMENTAL EDUCATION GRANTS. AFTER THE TRUST WAS DISSOLVED IN AUGUST 2012, THE ORGANIZATION CONTINUED TO CONSIDER THESE FUNDS TO BE TEMPORARILY RESTRICTED. PART X, LINE 2: THE ORGANIZATION BELIEVES IT HAD NO UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2018 AND 2017 IN ACCORDANCE WITH FASB ASC TOPIC 740, "INCOME TAXES," WHICH PROVIDES STANDARDS FOR ESTABLISHING AND CLASSIFYING ANY TAX PROVISIONS FOR UNCERTAIN TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: RELATED ENTITIES' REVENUE 2,839,629. CONSOLIDATING ELIMINATION -243,318. IMPAIREMENT OF LAND 804,294. IN-KIND INTEREST INCOME 33,998. PART XII, LINE 2D - OTHER ADJUSTMENTS: RELATED ENTITIES' EXPENSES 1,494,362. CONSOLIDATING ELIMINATION -243,318. IN-KIND INTEREST EXPENSE 10,652. 1 NORTH AMERICA 0 0 GRANT TO RECIPIENT LOCATED IN TRANSBORDER CANADA LAND ACQUISITION AND STEWARDSHIP 45000 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PASSIVE FOREIGN INVESTMENT 5000000 0 0 0 0 0 0 5045000 0 5045000 NORTH AMERICA LAND ACQUISITION AND STEWARDSHIP 45000 WIRE TRANSFER 1 0 0 0 0 0 0 SCHEDULE F PART 1,LINE 2: GRANTEES EXECUTE A WRITTEN AGREEMENT WHICH REQUIRES THEM TO SUBMIT WRITTEN REPORTS TO OSILT FOR THE PERIOD OF THE AGREEMENT. 1 AGRICULTURAL STEWARDSHIP ASSOCIATION 2531 STATE RT 40 GREENWICH NY 12834 223084628 501(C)(3) 80000 LAND ACQUISITION BERKS NATURE 575 SAINT BERNARDINE ST READING PA 19607 231966295 501(C)(3) 150000 CONSERVATION EASEMENT CONSERVING CAROLINA 847 CASE STREET HENDERSONVILLE NC 28792 566449365 501(C)(3) 300000 FOR LAND ACQUISITION D & H CANAL HISTORICAL SOCIETY INC 23 MOHONK RD HIGH FALLS NY 12440 146038874 501(C)(3) 100000 RENOVATION OF DEPUY CANAL HOUSE DUCKS UNLIMITED INC ONE WATERFOWL WAY MEMPHIS TN 38120 135643799 501(C)(3) 32000 LAND ACQUISITION FOOTHILLS LAND CONSERVANCY 3402 ANDY HARRIS ROAD ROCKFORD TN 37853 621256238 501(C)(3) 330000 FOR LAND ACQUISITION FORT TICONDEROGA ASSOC INC 102 FORT TI ROAD TOCONDEROGA NY 12883 141440924 501(C)(3) 46000 LAND ACQUISITION FRENCH & PICKERING CREEKS CONSERVATION TRUST INC 511 KIMBERTON RD PHOENIXVILLE PA 19460 236429095 501(C)(3) 80000 LAND ACQUISITION GEORGIA-ALABAMA LAND TRUST INC 226 OLD LADIGA RD PIEDMONT AL 36272 582069352 501(C)(3) 240316 LAND ACQUISITION HIGHLANDS-CASHIERS LAND TRUST 348 S 5TH ST HIGHLANDS NC 28741 561216642 501(C)(3) 97950 LAND ACQUISITION KESTREL LAND TRUST PO BOX 1016 AMHERST MA 01004 046243236 501(C)(3) 289000 FOR LAND ACQUISITION KINGSTON LAND TRUST INC 15 RAILROAD AVE STE 102 KINGSTON NY 12402 262338986 501(C)(3) 25000 LAND ACQUISITION LAKE CHAMPLAIN LAND TRUST INC 1 MAIN ST STE 205 BURLINGTON VT 05401 030267331 501(C)(3) 30375 CONSERVATION EASEMENT LAKES REGION CONSERVATION TRUST 156 DANE ROAD P O BOX 766 CENTER HARBOR NH 03226 020347918 501(C)(3) 200000 CONSERVATION EASEMENT LOON ECHO LAND TRUST 8 DEPOT STREET SUITE 4 BRIDGETON ME 04009 222966924 501(C)(3) 13350 COMPUTER AND MAPPING SOFTWARE LOWCOUNTRY LAND TRUST 635 RUTLEDGE AVE STE 107 CHARLESTON SC 29403 570809313 501(C)(3) 7794 CLIMATE RESILENT CONSERVATION MOHAWK HUDSON LAND CONSERVANCY INC 425 KENWOOD AVENUE DELMAR NY 12054 141754157 501(C)(3) 20000 CONSERVATION EASEMENT NATURAL HERITAGE TRUST 625 BROADWAY ALBANY NY 12207 161019635 501(C)(3) 1245000 PARK IMPROVEMENTS NATURAL LANDS TRUST 1031 PALMERS MILL ROAD MEDIA PA 19063 236226151 501(C)(3) 367957 FOR LAND ACQUISITION NEW JERSEY BICYCLE COALITION 551 VALLEY ROAD UPPER MONTCLAIR NJ 07043 264648049 501(C)(3) 5171 ESSEX HUDSON GREENWAY NEW JERSEY CONSERVATION FOUNDATION 170 LONGVIEW ROAD FAR HILLS NJ 07931 226065456 501(C)(3) 1092577 LAND ACQUISITION NEW JERSEY FUTURE INC 16 W LAFAYETTE STREET TRENTON NJ 08608 222879323 501(C)(3) 35000 DELAWARE CATALYST GRANT NORTH BRANCH LAND TRUST 251 HUNTSVILLE IDETOWN RD DALLAS PA 18612 237755642 501(C)(3) 257165 LAND ACQUISITION NORTH CAROLINA COASTAL LAND TRUST 3 PINE VALLEY DR WILMINGTON NC 28412 561791849 501(C)(3) 400000 LAND ACQUISITION OPEN SPACE INSTITUTE INC 1350 BROADWAY NEW YORK NY 100187799 521053406 501(C)(3) 1092127 APPRAISAL LAND CONSERVATION POTOMAC CONSERVANCY INC 8403 COLESVILLE ROAD STE 805 SILVER SPRING MD 20910 521842501 501(C)(3) 450000 LAND ACQUISITION SPRINGSIDE LANDSCAPE RESTORATION 185 ACADEMY ST POUGHKEEPSIE NY 12601 222871575 501(C)(3) 16000 LAND ACQUISITION TENNESSEE PARKS AND GREENWAY FOUNDATION 117 30TH AVENUE SOUTH NASHVILLE TN 37212 621557574 501(C)(3) 503125 LAND ACQUISITION &SOUTHEAST RESILIENT LANDSCAPE THE CONSERVATION FUND 1655 N FORT MYER DRIVE ARLINGTON VA 22209 521388917 501(C)(3) 700000 FOR LAND ACQUISITION THE LAND CONSERVANCY OF NEW JERSEY 19 BOONTON AVE BOONTON NJ 07005 222378868 501(C)(3) 452500 CONSERVATION EASEMENT THE NATURE CONSERVANCY 4245 N FAIRFAX DR SUITE 100 ARLINGTON VA 22209 530242652 501(C)(3) 933312 FOR LAND ACQUISITION & OUTDOORS AMERICA CAMPAIGN THE TRUST FOR PUBLIC LAND 666 BROADWAY 9TH FLOOR NEW YORK NY 10012 237222333 501(C)(3) 144000 CONSERVATION EASEMENT, LAND ACQUISITION, COMM. PLANNING & OUTREACH TOWN OF CHESTER VT 556 ELM STREET P O BOX 370 CHESTER VT 05143 036000429 115 20000 CONSERVATION EASEMENT TOWN OF LANCASTER NH 25 MAIN STREET LANCASTER NH 03584 026000462 115 12000 CONSERVATION EASEMENT TOWN OF QUEENSBURY 742 BAY RD QUEENSBURY NY 12804 146002393 115 50000 LAND ACQUISITION TOWN OF WARWICK 132 KINGS HIGHWAY WARWICK NY 10990 146002490 115 151750 FOR LAND ACQUISITION UPPER SACO VALLEY LAND TRUST 2686 WHITE MOUNTAIN HWY NORTH CONWAY NH 03860 020521030 501(C)(3) 75000 LAND ACQUISITION VERMONT LAND TRUST 8 BAILEY AVENUE MONTPELIER VT 05602 030264836 501(C)(3) 180000 FOR LAND ACQUISITION WESTERN FOOTHILLS LAND TRUST PO BOX 107 NORWAY ME 04268 016083123 501(C)(3) 139950 FOR OPERATING SUPPORT & STAFF AND COMPUTER SUPPORT WILDLANDS CONSERVANCY INC 3701 ORCHID PLACE EMMAUS PA 18049 237401326 501(C)(3) 431459 FOR LAND ACQUISITION 43 4 PART I, LINE 2: GRANTEES EXECUTE A WRITTEN AGREEMENT WHICH REQUIRES THEM TO SUBMIT WRITTEN REPORTS TO OSILT FOR THE PERIOD OF THE AGREEMENT. 0 0 0 0 0 0 0 0 0 CHRISTOPHER ELLIMAN PRESIDENT & CEO 0 465103 0 0 0 1219 0 22000 0 43507 0 531829 0 0 ERIK KULLESEID SVP, PARKS (LEFT 1/21/19) 0 204580 0 0 0 774 0 16724 0 33072 0 255150 0 0 JEFFREY LEJAVA VP & ASSOC. GEN. COUNSEL 0 169614 0 3000 0 270 0 14520 0 37495 0 224899 0 0 JENNIFER MELVILLE VP, CONSERV. GRANTS & LOANS 0 121817 0 0 0 712 0 9978 0 31520 0 164027 0 0 NATE BERRY VICE PRESIDENT 0 172089 0 29044 0 162 0 16137 0 36520 0 253952 0 0 PETER HOWELL EXECUTIVE VP, CONSERVATION 0 246681 0 0 0 1188 0 20252 0 23737 0 291858 0 0 RACHEL PIVNICK SVP & CFO (LEFT 3/29/19) 0 202416 0 0 0 774 0 16480 0 13481 0 233151 0 0 ROBERT K ANDERBERG SVP & GENERAL COUNSEL 0 218655 0 0 0 1188 0 17907 0 25224 0 262974 0 0 SAMAYLA DEUTCH SVP & GENERAL COUNSEL 0 212155 0 0 0 0 0 17427 0 25724 0 255306 0 0 TALLY BLUMBERG SVP, PROGRAMS 0 228298 0 15356 0 270 0 19857 0 33172 0 296953 0 0 TERRENCE NOLAN SVP, CONSERVATION TRANSACT 0 201580 0 0 0 270 0 16724 0 36072 0 254646 0 0 STEPHEN CLEARMAN BOARD MEMBER 12633 PART VSTEPHEN CLEARMAN WAS A TRUSTEE OF BOTH OSI AND OSILT UNTIL HE RESIGNED IN MARCH OF 2019. MR. CLEARMAN IS ALSO A MANAGING PARTNER OF KINDERHOOK, LP, IN WHICH OSILT HAD INVESTED. IN AUGUST OF 2015 KINDERHOOK ANNOUNCED THAT THEY WOULD BE LIQUIDATING THEIR PARTNERSHIP. KINDERHOOK HAS MADE YEARLY DISTRIBUTIONS AS THEY LIQUIDATE THEIR PORTFOLIO, BUT THEY HAVE NOT COMPLETED THE PROCESS AS YET. MANAGEMENT FEES PAID BY OSILT TO KINDERHOOK, LP DURING THE TAXABLE YEAR ENDED 12/31/18 TOTALED $12,633. MR. CLEARMAN HAD RECUSED HIMSELF FROM ANY DECISION REGARDING THE OISLT INVESTMENT IN KINDERHOOK, LP. 0 X 4 678232 FAIR MARKET VALUE X 1 50000 FMV 0 1 0 PART I, COLUMN (B): THE NUMBER IN COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTORS. FORM 990, PART VI, SECTION A, LINE 2 SAMUEL W. LAMBERT III, BOARD MEMBER, AND HOLLY HEGENER, BOARD MEMBER, HAVE A FAMILY RELATIONSHIP. MR. LAMBERT IS MS. HEGENER'S STEP FATHER. FORM 990, PART VI, SECTION A, LINE 6 THE SOLE MEMBER OF OPEN SPACE INSTITUTE LAND TRUST, INC. IS OPEN SPACE INSTITUTE, INC. ("OSI") FORM 990, PART VI, SECTION A, LINE 7A THE TRUSTEES OF OPEN SPACE INSTITUTE LAND TRUST, INC. ARE ELECTED AT THE ANNUAL MEETING OF THE BOARD OF TRUSTEES OF THE SOLE MEMBER (OPEN SPACE INSTITUTE, INC.) AND ANY TRUSTEE MAY BE REMOVED, WITH OR WITHOUT CAUSE, BY THE SOLE MEMBER. FORM 990, PART VI, SECTION B, LINE 11B OUR 990 IS PREPARED BY AN OUTSIDE INDEPENDENT ACCOUNTING FIRM. THE DRAFT FORM 990 IS REVIEWED BY THE CONTROLLER, CHIEF FINANCIAL OFFICER & GENERAL COUNSEL. AFTER STAFF REVIEW THE RETURN IT IS THEN REVIEWED BY THE AUDIT COMMITTEE. THE REVIEWED AND CORRECTED 990 FORM IS THEN SENT OUT TO ALL THE BOARD MEMBERS OF THE ORGANIZATION FOR THEIR REVIEW AND COMMENTS. THE RETURN IS FILED ONCE ALL PARTIES HAVE COMPLETED THEIR REVIEW AND REQUIRED EDITS HAVE BEEN MADE. FORM 990, PART VI, SECTION B, LINE 12C OPEN SPACE INSTITUTE LAND TRUST, INC. HAS A CONFLICT OF INTEREST POLICY WHICH REQUIRES ALL BOARD MEMBERS AND OFFICERS TO DISCLOSE CONFLICTS AND POTENTIAL CONFLICTS AS SOON AS THEY ARISE. A CONFLICTED PARTY MAY NOT DISCUSS THE TRANSACTION THAT IS THE BASIS OF SUCH CONFLICT, AND MUST RECUSE HIMSELF OR HERSELF FROM ANY DISCUSSION OR VOTE ON SUCH TRANSACTION. THE PRESIDENT EACH YEAR REPORTS TO THE BOARD OF TRUSTEES ALL CONFLICT TRANSACTIONS AND HOW THEY WERE HANDLED. THE BOARD OF OPEN SPACE INSTITUTE LAND TRUST, INC. HAS THE POWER TO TAKE REMEDIAL ACTION IF THE CONFLICT POLICY IS VIOLATED. FORM 990, PART VI, SECTION C, LINE 19 OPEN SPACE INSTITUTE, INC. MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, WHISTLEBLOWER POLICY, DOCUMENT RETENTION AND DESTRUCTION POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE GENERAL PUBLIC. THESE DOCUMENTS ARE SENT TO ANYONE WHO CONTACTS THE ORGANIZATION AND REQUESTS SUCH INFORMATION. FORM 990, PART XI, LINE 9: IN-KIND INTEREST EXPENSE -10,652. UNCOLLECTIBLE ACCOUNTS IMPAIRMENT OF LAND 804,294. IN-KIND INTEREST INCOME 33,998. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. OSI CONSERVATION INVESTMENTS LLC 1350 BROADWAY SUITE 201 NEW YORK NY 100187799 133028060 INVESTMENT VEHICLE NY OPEN SPACE INSTITUTE LAND TRUST INC BEAVERKILL VALLEY LAND TRUST INC 1350 BROADWAY NEW YORK NY 10018 133545322 LAND PROTECTION NY 501(C)(3) LINE 12A, I OPEN SPACE INSTITUTE INC 0 OPEN SPACE INSTITUTE INC 1350 BROADWAY NEW YORK NY 10018 521053406 LAND PROTECTION NY 501(C)(3) 7 N/A 0 STRATEGIC CONSERVATION PARTNERS LLC 1350 BROADWAY SUITE 201 NEW YORK NY 10018 823283734 CONSERVATION LAND INVESTMENTS NY OPEN SPACE INSTITUTE LAND TRUST INC RELATED 475871 10707300 0 1 0.50000 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 PURSUANT TO REGULATIONS SECTION 56.4911-8(B) AND IRC SECTION 4911(F), AN AFFILIATED GROUP OF ORGANIZATIONS IS TREATED AS A SINGLE ORGANIZATION FOR THE PURPOSES OF THE TAX IMPOSED BY IRC SECTION 4911(A). THEREFORE, SINCE THE AFFILIATED GROUP DID NOT HAVE ANY EXCESS LOBBYING EXPENDITURES OR EXCESS GRASSROOTS LOBBYING EXPENDITURES, THE FILING ORGANIZATION IS DEEMED TO NOT HAVE EXCESS LOBBYING EXPENDITURES OR EXCESS GRASSROOTS LOBBYING EXPENDITURES FOR THE PURPOSES OF THE DISCLOSURE ON PART II-A, LINE 1(H) AND 1(I), COLUMN A.AFFILIATED GROUP MEMBER:OPEN SPACE INSTITUTE, INC. (EIN 52-1053406)1350 BROADWAY, SUITE 201NEW YORK, NY 10018 OPEN SPACE INSTITUTE INC 1350 BROADWAY SUITE 201 NEW YORK NY 10018 521053406 0 0 0 1473829 1473829 222383 55596 0 0 0