2019-11-14T19:37:34-06:00 2019-06-30 330835986 SQUAR MILNER LLP 135 MAIN STREET 9TH FLOOR SAN FRANCISCO CA 941051815 990 2018-07-01 942155097 SEMPERVIRENS FUND SEMP 6509491453 419 SOUTH SAN ANTONIO ROAD NO 211 LOS ALTOS CA 940223640 SARA BARTH EXECUTIVE DIRECTOR 6509491453 2019-11-13 1 JOUA LO P01225144 4157812500 71.6.48.101 2019-11-13 10:36:13 PS P 8646073251B02F9CF01ED885C65CFF2D08DF6640 04688926A99AB1187F8A3E5828E2B676A02AA1A4 2018 2020-03-31 21:24:44Z SARA BARTH 419 SOUTH SAN ANTONIO ROAD NO 211 LOS ALTOS CA 940223640 6481382 0 X WWW.SEMPERVIRENS.ORG X 1906 CA PROTECT AND PERMANENTLY PRESERVE SANTA CRUZ REDWOOD FOREST HABITAT. 15 15 15 100 0 0 4428981 6343449 37354 40244 74045 89923 432 1422 4540812 6475038 179057 500000 10698 0 1210815 1382346 0 0 1244930 2784356 3161711 4184926 5044057 355886 1430981 29120319 31544991 1313127 2243750 27807192 29301241 X TO PRESERVE REDWOOD FORESTS, WILDLIFE HABITATS, WATERSHEDS, AND OTHER IMPORTANT NATURAL FEATURES OF CALIFORNIA'S SANTA CRUZ MOUNTAINS AND TO ENCOURAGE PEOPLE TO APPRECIATE AND ENJOY THIS ENVIRONMENT. 0 0 1515833 500000 LAND ACQUISITION AND DISPOSITIONTHE FUND WORKS CLOSELY WITH CALIFORNIA STATE PARKS, OTHER PUBLIC AGENCIES, AND LOCAL NONPROFITS TO MAKE STRATEGIC LAND PURCHASES THAT CREATE, EXPAND, AND LINK REDWOOD FORESTS AND PARKS. IN MOST CASES, THE FUND ACQUIRES FEE TITLE TO LAND WITH THE INTENTION OF EVENTUALLY TRANSFERRING IT INTO PUBLIC OWNERSHIP; HOWEVER, IN SOME CASES, IT ACQUIRES AND HOLDS CONSERVATION EASEMENTS THAT PROVIDE CERTAIN RIGHTS SUCH AS TRAIL ACCESS OR PREVENT FUTURE TIMBER HARVESTING ON PRIVATELY HELD PARCELS OF LAND. WHEN APPROPRIATE, THE FUND ALSO ENTERS INTO JOINT VENTURES WITH OTHER LAND CONSERVATION ORGANIZATIONS PROVIDING CASH OR OTHER ASSETS TO SUPPORT PRIORITY CONSERVATION PROJECTS. THE FUND'S PARTICIPATION APPEARS AS DIRECT EXPENSES WITHIN LAND PROGRAM EXPENSES. 1428847 40244 STEWARDSHIPPROPERTIES THAT ARE HELD BY THE FUND REQUIRE ON-GOING STEWARDSHIP TO ENSURE THAT THE LAND IS IN GOOD CONDITION AND THE FORESTS REMAIN HEALTHY. STEWARDSHIP ACTIVITIES INCLUDE REMOVING DEBRIS, MAINTAINING TRAILS, MONITORING WILDLIFE, CLEARING INVASIVE PLANTS, AND PLANTING NEW SEEDLINGS AS NEEDED. 380317 EDUCATION AND OUTREACHTHE FUND REGULARLY COMMUNICATES GENERAL INFORMATION ABOUT ITS WORK, AND OPPORTUNITIES TO FIND RECREATION IN THE SANTA CRUZ MOUNTAINS. THE COMMUNICATION STRATEGIES INCLUDE PUBLICATIONS, OTHER PRINTED MATERIALS, WEBSITE, SOCIAL MEDIA, ELECTRONIC NEWSLETTERS; OUTREACH ACTIVITIES INCLUDE EVENTS, SPEAKERS, HIKING AND VOLUNTEER OPPORTUNITIES. THE FOCUS OF THIS FUND IS TO EDUCATE NEW GROUPS OF PEOPLE ABOUT THE FUND'S WORK; INTRODUCE THEM TO OUTDOOR RECREATION OPPORTUNITIES; AND CULTIVATE THEIR INTEREST TO BECOME NEW STEWARDS OF THE SANTA CRUZ MOUNTAINS HABITAT. 97617 TREES AND GROVESTHE FUND PROVIDES THE OPPORTUNITY FOR ITS DONORS TO DEDICATE A TREE OR GROVE LOCATED WITHIN ONE OF THE STATE PARKS OF THE SANTA CRUZ MOUNTAINS. THE FUND HAS ENTERED INTO AN AGREEMENT WITH CALIFORNIA STATE PARKS WHEREBY THE FUND IS PERMITTED TO SELL THE NAMING RIGHTS TO THE TREES. 97617 3422614 1 1 0 1 0 0 1 1 0 1 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 14 0 1 15 1 0 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X X THE ORGANIZATION 6509491453 419 SOUTH SAN ANTONIO ROAD NO 211 LOS ALTOS CA 940223640 DIANE TALBERT PRESIDENT 1.00 X X 0 0 0 KEVIN FLYNN VICE PRESIDENT 1.00 X X 0 0 0 RICHARD L CONNIFF AUDIT COMM CHAIR (THRU 07/19) 1.00 X X 0 0 0 EVAN SIEGEL AUDIT COMM CHAIR 1.00 X X 0 0 0 CHANNING CHEN SECRETARY 1.00 X X 0 0 0 AMANDA MONTEZ BOARD MEMBER 1.00 X 0 0 0 JACQUELINE WENDER BOARD MEMBER 1.00 X 0 0 0 DAN MARTIN BOARD MEMBER (THRU 07/18) 1.00 X 0 0 0 FRED KEELEY BOARD MEMBER 1.00 X 0 0 0 KENT PUTNAM BOARD MEMBER 1.00 X 0 0 0 PAMELA KOCH BOARD MEMBER 1.00 X 0 0 0 PHILIPPE S COHEN BOARD MEMBER (THRU 07/18) 1.00 X 0 0 0 VISHY VENUGOPALAN BOARD MEMBER 1.00 X 0 0 0 STEPHEN N WYCKOFF BOARD MEMBER 1.00 X 0 0 0 WILLIAM N HARRIS BOARD MEMBER 1.00 X 0 0 0 GAGE DAYTON BOARD MEMBER 1.00 X 0 0 0 MEAGAN DEMITZ BOARD MEMBER 1.00 X 0 0 0 STEPHEN REED BOARD MEMBER 1.00 X 0 0 0 SARA BARTH EXECUTIVE DIRECTOR 40.00 X 202985 0 14424 PATRICK GIBBONS CHIEF FINANCIAL OFFICER 40.00 X 129108 0 23478 MICHAEL KAWALEK DIRECTOR OF DEVELOPMENT 40.00 X 124481 0 21514 456574 0 59416 3 0 1 0 ROBERT A BOTHMAN INC 2690 SCOTT BLVD SANTA CLARA CA 95050 CONSTRUCTION 1900925 MAL WARWICK & ASSOCIATES 2550 NINTH STREET SUITE 103 BERKELEY CA 94710 DIRECT MAILING CONSULTING 450335 DICKSON CONSTRUCTION PO BOX 690 LOS GATOS CA 95031 CONSTRUCTION 214550 WEBER HAYES & ASSOCIATES 120 WESTGATE DRIVE WATSONVILLE CA 95076 CONSTRUCTION 138968 4 3544 6339905 380813 6343449 SAN VICENTE REDWOODS R 900099 40244 40244 40244 89923 89923 5956 3544 5956 0 1313 388 925 925 OTHER INCOME 900099 497 497 497 6475038 40244 0 91345 500000 500000 344136 127872 132672 83592 785516 371574 49239 364703 72710 30451 13036 29223 94402 39536 16925 37941 85582 35842 15344 34396 3055 1787 287 981 29400 17199 2759 9442 18274 18274 210064 139685 22406 47973 89956 87293 2663 634959 91964 32280 510715 254987 125728 52913 76346 21047 13912 461 6674 32327 10054 8689 13584 23790 4883 3683 15224 8322 4163 1663 2496 34671 19812 5882 8977 STEWARDSHIP EXPENSES 989743 989743 SPECIAL PROJECTS 732498 732498 LAND EXPENSES 78618 78618 5044057 3422614 376513 1244930 494404 434364 4806559 2630611 260542 68588 19579 18261 18261 0 1588 110139 101903 340383 338137 10569 2246 1633111 1692769 21786734 26575082 29120319 31544991 413127 273750 900000 1970000 1313127 2243750 X 25229467 27754044 2391269 1360741 186456 186456 27807192 29301241 29120319 31544991 X 1430981 60708 2360 X 0 1 X 1 0 X 5548134 4378944 4333269 4399303 6343449 25003099 5548134 4378944 4333269 4399303 6343449 25003099 2949972 22053127 51534 69043 63162 65705 89923 339367 925 925 10169 17607 2123 497 30396 25373787 3134052 0.86910 0.93630 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2014 AMOUNT: $ 10,169. 2015 AMOUNT: $ 17,607. 2016 AMOUNT: $ 2,123. 2018 AMOUNT: $ 497. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4500 0 4500 3422614 3427114 321356 80339 0 0 223500 248654 287697 321356 1081207 1621811 27500 25000 155000 4500 212000 55875 62164 71924 80339 270302 405453 27500 4500 32000 X X X 3 516.00 1 1 120.00 X 0 187697 517087 33939 5594 733129 263448 6835 82586 187697 240168 23280 263448 242006 -1838 240168 247015 -5009 242006 0.73840 0.25430 0.00730 0 0 96792 96792 0 153467 153467 0 90124 87878 2246 2246 CONSERVATION LAND AND EASEMENT HOLDINGS 26356367 CHARITABLE REMAINDER TRUSTS 166215 OTHER NON-CURRENT ASSETS (ANSEL ADAMS PHOTOGRAPHS) 52500 26575082 X 6554498 60708 28710 8316 97734 6456764 18274 18274 6475038 5060449 28710 5956 34666 5025783 18274 18274 5044057 PART II, LINE 9: ACQUISITIONS OF CONSERVATION, OPEN SPACE, SCENIC, TIMBER OR OTHER SUCH PERPETUALLY OBLIGATED AND ENFORCEABLE EASEMENTS SHALL BE RECORDED AS CONTRIBUTION OF EASEMENT VALUED FROM THE SELLER TO SEMPERVIRENS FUND. ONCE SUCH EASEMENTS HAVE BEEN RECEIVED AND RECORDED BY SVF, THEIR VALUE WILL BE WRITTEN DOWN TO $1.00 ONLY WHEN EASEMENT VALUATION IS NOT ASCERTAINABLE AND NEEDS TO REFLECT THE FACT THAT THEY HAVE NO FUTURE COMMERCIAL OR OBTAINABLE VALUE. PART III, LINE 4: THE ORGANIZATION'S COLLECTION INCLUDES ANSEL ADAMS ARTWORK. PART V, LINE 4: PERMANENTLY RESTRICTED NET ASSETS REPRESENT ENDOWMENT FUNDS, FOR WHICH THE PRINCIPAL IS TO REMAIN INTACT AND EARNINGS ARE AVAILABLE FOR USE BY THE FUND. THE BOARD OF THE FUND HAS INTERPRETED CALIFORNIA'S ADOPTION OF UPMIFA, WHICH BECAME EFFECTIVE JANUARY 1, 2009 AS REQUIRING THE PRESERVATION OF THE FAIR VALUE OF THE ORIGINAL GIFT AS OF THE GIFT DATE OF THE DONOR-RESTRICTED ENDOWMENTS ABSENT EXPLICIT DONOR STIPULATIONS TO THE CONTRARY. AS A RESULT OF THIS INTERPRETATION, THE FUND CLASSIFIES AS PERMANENTLY RESTRICTED NET ASSETS (1) THE ORIGINAL VALUE OF GIFTS DONATED TO THE PERMANENT ENDOWMENT, (2) THE ORIGINAL VALUE OF SUBSEQUENT GIFTS DONATED TO THE PERMANENT ENDOWMENT, AND (3) ADDITIONS TO THE PERMANENT ENDOWMENT IN ACCORDANCE WITH DONOR DIRECTIONS. THE REMAINING PORTION OF THE DONOR-RESTRICTED ENDOWMENT FUND THAT IS NOT CALSSIFIED IN PERMANENTLY RESTRICTED NET ASSETS IS CLASSIFIED AS TEMPORARILY RESTRICTED NET ASSETS UNTIL THOSE AMOUNTS ARE APPROPRIATED FOR EXPENDITURE BY THE FUND IN A MANNER CONSISTENT WITH THE STANDARD OF PRUDENCE PRESCRIBED BY CALIFORNIA'S ENACTED VERSION OF UPMIFA. THE FUND'S ENDOWMENT CURRENTLY CONSISTS OF ONE FUND CREATED AS THE RESULT OF A BEQUEST OF $186,456 RECEIVED WITH THE STIPULATION THAT IT BE USED FOR ENDOWMENT PURPOSES WITH INCOME THEREFROM TO BE USED FOR THE FUND'S OPERATIONS. ALL INCOME EARNED ON ENDOWMENT FUND INVESTMENTS IS TREATED AS TEMPORARILY RESTRICTED UNTIL APPROPRIATED BY THE BOARD OF THE FUND. THE BOARD OF THE FUND CONSIDERS THE FOLLOWING FACTORS IN MAKING A DETERMINATION TO APPROPRIATE OR ACCUMULATE DONOR-RESTRICTED ENDOWMENT FUNDS: -THE DURATION AND PRESERVATION OF THE FUND. -THE PURPOSES OF THE FUND AND THE DONOR RESTRICTIONS. -GENERAL ECONOMIC CONDITIONS. -THE POSSIBLE EFFECTS OF INFLATION AND DEFLATION. -THE EXPECTED TOTAL RETURN FROM INCOME AND THE APPRECIATION OF INVESTMENTS. -OTHER RESOURCES OF THE FUND. -THE INVESTMENT POLICIES OF THE FUND. PART X, LINE 2: THE FUND HAS BEEN GRANTED TAX EXEMPT STATUS UNDER SECTION 501(C)(3) BY THE INTERNAL REVENUE SERVICE (IRS) AND UNDER SECTION 23701(D) BY THE CALIFORNIA FRANCHISE TAX BOARD. EACH YEAR, MANAGEMENT CONSIDERS WHETHER ANY MATERIAL TAX POSITION THE FUND HAS TAKEN IS MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPLICABLE TAXING AUTHORITY. MANAGEMENT BELIEVES THAT ANY POSITIONS THE FUND HAS TAKEN ARE SUPPORTED BY SUBSTANTIAL AUTHORITY AND, HENCE, DO NOT NEED TO BE MEASURED OR DISCLOSED IN THESE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES 5,956. NET CHANGE IN VALUE OF CHARITABLE REMAINDER TRUSTS 2,360. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES 5,956. 1 PENINSULA OPEN SPACE TRUST 222 HIGH STREET PALO ALTO CA 94301 942392007 501(C)(3) 500000 RE-GRANTING OF FUNDS FROM MOORE FOUNDATION FOR PURCHASE OF PROPERTY. 1 X X X X X 0 0 0 0 0 0 0 0 0 SARA BARTH EXECUTIVE DIRECTOR 202985 0 0 0 0 0 12180 0 2244 0 217409 0 0 0 PATRICK GIBBONS CHIEF FINANCIAL OFFICER 129108 0 0 0 0 0 7746 0 15732 0 152586 0 0 0 X 18 172663 STOCK SALE PROCEEDS X 1 205000 DONOR VALUE X TESLA CAR CHARGING STATION 1 3150 RETAIL PRICE 1 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION RETAINS A PROFESSIONAL CPA FIRM TO WORK CLOSELY WITH THE FINANCE DIRECTOR TO PREPARE FORM 990. PRIOR TO FILING, THE FORM IS REVIEWED AND APPROVED BY THE FINANCE COMMITTEE, WITH COPIES TO THE FULL BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS AND STAFF ANNUALLY PREPARE EXECUTIVE DISCLOSURE LETTERS DESCRIBING ANY CURRENT OR PROPOSED TRANSACTIONS THAT MAY POSE A CONFLICT. THE DISCLOSURES ARE RETAINED ON FILE. THE EXECUTIVE DIRECTOR ALSO MONITORS BOARD MEMBER INVOLVEMENT WITH ANY LAND TRANSACTIONS. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR ALL EMPLOYEES, INCLUDING THE EXECUTIVE DIRECTOR, IS BASED ON THE FOLLOWING DATA WHICH IS UPDATED ANNUALLY: - MARKET DATA GENERATED BY AN INDEPENDENT THIRD PARTY; AND - ACCOUNTING AND SALARY SURVEYS. AN INDEPENDENT COMPENSATION CONSULTANT PROVIDED ADDITIONAL ASSISTANCE SETTING THE EXECUTIVE DIRECTOR'S COMPENSATION. FORM 990, PART VI, SECTION C, LINE 18 ORGANIZATIONAL DOCUMENTS, THE CONFLICT OF INTEREST POLICY, THE MOST RECENT FINANCIAL STATEMENT, FORM 1023 AND THREE YEARS' OF FORM 990 ARE AVAILABLE FOR INSPECTION AT OUR OFFICES, OR ON OUR WEBSITE. FORM 990, PART VI, SECTION C, LINE 19 ORGANIZATIONAL DOCUMENTS, THE CONFLICT OF INTEREST POLICY, THE MOST RECENT FINANCIAL STATEMENT, FORM 1023 AND THREE YEARS' OF FORM 990 ARE AVAILABLE FOR INSPECTION AT OUR OFFICES, OR ON OUR WEBSITE. FORM 990, PART XI, LINE 9: NET CHANGE IN VALUE OF CHARITABLE REMINDER TRUSTS 2,360.