2019-10-25T09:57:28-05:00 2019-04-30 203985546 JOHNSON O'CONNOR FERON & CARUCCI LLP 101 EDGEWATER DRIVE SUITE 210 WAKEFIELD MA 01880 990 2018-05-01 042024022 NEW ENGLAND FORESTRY FOUNDATION INC NEWE 9789526856 32 FOSTER STREET LITTLETON MA 014604346 ROBERT PERSCHEL EXECUTIVE DIRECTOR 9789526856 2019-10-15 1 JOSEPH M GISO P00030126 7819143400 2019-10-09 96.230.50.122 2019-10-15 12:01:02 ED P 247E1DB2669F3CA967BF48B1CCB0AE86B01C4894 C2926380507EFA8A31F6F64CD0A9520ACA6BA46D 2018 2020-01-14 16:20:31Z ROBERT PERSCHEL 32 FOSTER STREET LITTLETON MA 014604346 4075682 0 X NEWENGLANDFORESTRY.ORG X 1944 MA THROUGH THE APPLICATION OF OUR CORE EXPERTISE IN CONSERVING FORESTLAND AND ADVANCING EXEMPLARY FORESTRY, NEW ENGLAND FORESTRY FOUNDATION (NEFF) HELPS THE PEOPLE OF NEW ENGLAND TO SUSTAIN THEIR WAY OF LIFE, PROTECT FOREST WILDLIFE HABITAT AND ECOSYSTEM SERVICES, AND MITIGATE AND ADAPT TO CLIMATE CHANGE. 17 16 22 83 0 0 1447825 1943869 1468287 520030 338860 371073 14163 20220 3269135 2855192 5000 0 0 0 1512638 1527235 0 0 457739 1205404 1267662 2723042 2794897 546093 60295 37701523 38017604 324771 452493 37376752 37565111 X THROUGH THE APPLICATION OF OUR CORE EXPERTISE IN CONSERVING FORESTLAND AND ADVANCING EXEMPLARY FORESTRY, NEW ENGLAND FORESTRY FOUNDATION (NEFF) HELPS THE PEOPLE OF NEW ENGLAND TO SUSTAIN THEIR WAY OF LIFE, PROTECT FOREST WILDLIFE HABITAT AND ECOSYSTEM SERVICES, AND MITIGATE AND ADAPT TO CLIMATE CHANGE. 0 0 1280613 0 6350 THE FOUNDATION'S EDUCATION AND OUTREACH WORK FOSTERS THE PUBLIC POLICIES AND PRIVATE ACTIONS NEEDED TO CONSERVE AND SUSTAINABLY MANAGE NEW ENGLAND'S FORESTS. IN THE COURSE OF OUR EDUCATION WORK, NEFF CONDUCTS PUBLIC EVENTS INCLUDING WALKS, TRAINING SESSIONS, WORKSHOPS, AND TALKS; DEVELOPS AND DISTRIBUTES PRINT AND ELECTRONIC PUBLICATIONS; PUBLISHES ARTICLES IN BOTH CONSUMER AND PROFESSIONAL PUBLICATIONS; AND PARTICIPATES IN LOCAL, REGIONAL, AND NATIONAL CONFERENCES AND EVENTS. THROUGH ALL OF THESE ACTIVITIES, NEFF AIMS TO FOSTER INCREASED LANDOWNER AND PUBLIC APPRECIATION OF THE MANY BENEFITS THAT FORESTS PROVIDE THE CITIZENS OF NEW ENGLAND, AND THE ROLE OF FOREST CONSERVATION AND EXEMPLARY FORESTRY MANAGEMENT IN FOSTERING AND ENHANCING THOSE BENEFITS 122023 0 0 TO PROTECT FORESTS FROM FRAGMENTATION AND DEVELOPMENT, NEFF ACQUIRES LAND AND CONSERVATION EASEMENTS BY BOTH DONATION AND PURCHASE. TO DATE WE OWN MORE THAN 140 COMMUNITY FORESTS CONSERVING MORE THAN 29,000 ACRES ACROSS NEW ENGLAND. WE ALSO HOLD MORE THAN 150 CONSERVATIONEASEMENTS THAT PROTECT AND PROVIDE FOR SUSTAINABLE MANAGEMENT OF MORE THAN 1.1 MILLION ACRES OF FOREST LAND OWNED BY PRIVATE INDIVIDUALS AND FOREST PRODUCTS COMPANIES IN SEVEN STATES. 675813 0 520030 CONSERVATION DOES NOT STOP ONCE A FOREST OR EASEMENT IS ACQUIRED. NEFF CONDUCTS ANNUAL MONITORING SURVEYS WITH ALL LANDOWNERS WITH WHOM WE HOLD AN EASEMENT TO ENSURE THAT THE TERMS OF THE EASEMENT ARE MAINTAINED. WE WORK WITH LOCAL FORESTERS THROUGHOUT NEW ENGLAND TO SUSTAINABLY MANAGE OUR COMMUNITY FORESTS, DEMONSTRATING HIGH-QUALITY FOREST PRACTICES AND PROVIDING A SUSTAINABLE SUPPLY OF WOOD, ECONOMIC OPPORTUNITY, AND JOBS TO LOCAL COMMUNITIES. FORESTS CONSERVED BY NEFF SEQUESTER CARBON AND THROUGH THAT SEQUESTRATION CAN PROVIDE CARBON CREDITS FOR CO2 EQUIVALENTS WHICH CAN BE SOLD VIA A CARBON MARKET, PROVIDING ADDITIONAL REVENUES FOR CONSERVATION. 2078449 1 1 0 0 0 0 1 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 1 34 0 1 22 1 0 0 0 0 0 0 0 0 0 0 0 0 X 17 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MA FL GA NH NY RI X X ROBERT PERSCHEL 9789526856 32 FOSTER STREET LITTLETON MA 014604346 PHILIP Y DENORMANDIE PRESIDENT/DIRECTOR 4.00 X X 0 0 0 ROBERT W ACKERMAN TREASURER/DIRECTOR 4.00 X X 0 0 0 FREDERICK J WEYERHAEUSER CLERK/DIRECTOR 4.00 X X 0 0 0 PIERRETTE KELLY DIRECTOR 0.50 X 0 0 0 FREDERICK E FINDLAY DIRECTOR 0.50 X 0 0 0 RUTH KENNEDY SUDDUTH DIRECTOR 0.50 X 0 0 0 JONATHAN M KEYES DIRECTOR 0.50 X 0 0 0 RICHARD F PERKINS DIRECTOR 0.50 X 0 0 0 IRENE SEDGWICK BRIEDIS DIRECTOR 0.50 X 0 0 0 LAURENCE BAND DIRECTOR 0.50 X 0 0 0 ANNE STETSON DIRECTOR 0.50 X 0 0 0 JOHN F HEMENWAY DIRECTOR 0.50 X 0 0 0 DAVID MOSKOVITZ DIRECTOR 0.50 X 0 0 0 ANDREA COLNES DIRECTOR 0.50 X 0 0 0 G MONTGOMERY LOVEJOY III DIRECTOR 0.50 X 0 0 0 MARY ANN NORRIS DIRECTOR 0.50 X 0 0 0 ROBERT PERSCHEL EXECUTIVE DIRECTOR 40.00 X X 151550 0 20551 FRANK LOWENSTEIN DEPUTY DIRECTOR 40.00 X 140001 0 25494 291551 0 46045 2 0 1 0 CCS FUNDRAISING 527 MADISON AVENUE 5TH FLOOR NEW YORK NY 10022 CONSULTING 167680 NEW ENGLAND FORESTRY CONSULTANTS INC 70 OVERLOOK DRIVE BRISTOL NH 03222 CONSULTING 126292 2 196687 1747182 582464 1943869 TIMBER SALES 110000 520030 520030 520030 201825 201825 13870 0 13870 13870 13870 1389738 1220490 169248 169248 169248 INSURANCE CLAIMS 900099 6250 6250 OTHER REVENUE 900099 100 100 6350 2855192 526380 0 384943 X 291552 97184 97184 97184 950444 774874 75957 99613 194167 109160 35441 49566 91072 54137 16331 20604 130605 130605 434292 381343 14317 38632 35867 21854 3138 10875 11158 6440 843 3875 31791 28901 742 2148 40176 25925 4247 10004 4264 4264 110167 107696 454 2017 32872 23492 2560 6820 COMMISSION EXPENSE 84764 84764 0 0 REPAIRS AND MAINTENANCE 82805 45850 6585 30370 PUBLICATION AND COMMUNI 82338 37441 181 44716 PROPERTY TAXES 57019 57019 0 0 129544 87500 729 41315 2794897 2078449 258709 457739 X 362689 280912 22340 149001 2538 29944 20542 29075516 1072824 27156088 28002692 9877962 9397534 252500 164385 37701523 38017604 217233 232961 26000 31743 81538 187789 324771 452493 X 29872221 30102408 4328176 4081602 3176355 3381101 37376752 37565111 37701523 38017604 60295 128064 0 X X 0 1 X 1 0 X 2841230 2154107 2096906 1454454 1943869 10490566 2841230 2154107 2096906 1454454 1943869 10490566 2103185 8387381 192893 194217 224473 223644 215695 1050922 11541488 2830639 0.72670 0.65980 X X X X 154 1148827.00 0 7 1 3001.00 125209 1 949299 30200 106927 872572 899973 79794 30468 949299 1038085 97502 235613 899973 1133462 -37618 57759 1038085 1103019 43922 13479 1133462 0.03750 0.84700 0.11560 0 0 26627498 26627498 1798450 677709 1120741 483290 248869 234421 166278 146246 20032 28002692 X 2986441 128064 3185 131249 2855192 0 2855192 2798082 3185 3185 2794897 0 2794897 PART II, LINE 3: THE FOUNDATION DOES NOT RECORD REVENUE ON DONATED EASEMENTS. THE PURCHASE COST OF EASEMENTS IS EXPENSED IN THE YEAR OF PURCHASE. NO BALANCE SHEET ASSET OR LIABILITY IS INCLUDED FOR PURCHASED OR DONATED EASEMENTS, HOWEVER IF AN EASEMENT IS PLACED ON A FOUNDATION FOREST, IMPAIRMENT ON THE FOUNDATION FOREST IS RECORDED. PART V, LINE 4: THE OVERALL FINANCIAL OBJECTIVE FOR THE ASSETS OF THE ENDOWMENT FUND IS TO PROVIDE SUPPORT FOR BOTH THE OPERATING BUDGET AND THE NEEDS OF THE RESTRICTED FUNDS, WHILE MAINTAINING OR INCREASING THE PURCHASING POWER OF THE FUND. PART X, LINE 2: THE FOUNDATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES. INCOME RELATED TO THESE PURPOSES IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. UNRELATED BUSINESS INCOME WOULD BE TAXABLE ACCORDING TO APPLICABLE INTERNAL REVENUE CODE SECTIONS. THE FOUNDATION REGULARLY REVIEWS AND EVALUATES ITS TAX POSITIONS TAKEN IN ITS FILED RETURNS AND RECOGNIZES THE BENEFIT FROM A TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE POSITION WOULD BE SUSTAINED UPON AUDIT BASED SOLELY ON THE TECHNICAL MERITS OF THE TAX POSITION. THE FOUNDATION ACCRUES INTEREST AND PENALTIES ON UNCERTAIN TAX POSITIONS AS A COMPONENT OF THE PROVISION FOR INCOME TAXES. THE FOUNDATION FILES FEDERAL AND MASSACHUSETTS TAX RETURNS. THE STATUTE OF LIMITATIONS FOR THESE JURISDICTIONS ARE GENERALLY THREE YEARS. THE FOUNDATION HAD NO RETURNS UNDER EXAMINATION AS OF APRIL 30, 2019. X X X 0 0 0 0 0 0 0 0 0 ROBERT PERSCHEL EXECUTIVE DIRECTOR 151550 0 0 0 0 0 4547 0 16004 0 172101 0 0 0 FRANK LOWENSTEIN DEPUTY DIRECTOR 140001 0 0 0 0 0 4200 0 21294 0 165495 0 0 0 JONATHAN M KEYES BOARD MEMBER 50549 STOCK TRANSACTION 0 X 10 384360 FMV - MARKET PRICE X 5 191619 FMV - APPRAISED VALUE 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B IRS FORM 990 IS PROVIDED TO MANAGEMENT AND THE BOARD OF DIRECTORS PRIOR TO THE ANNUAL BOARD MEETING FOR REVIEW. MANAGEMENT AND THE FINANCE COMMITTEE HAVE REVIEWED THE IRS FORM 990 PRIOR TO APPROVAL. THE FINANCE COMMITTEE FORMALLY APPROVES THE IRS FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH OF THE DIRECTORS ANNUALLY AFFIRMS IN WRITING THAT HE/SHE COMPLIES WITH THE FOUNDATION'S CONFLICT OF INTEREST POLICY. IF CIRCUMSTANCES ARISE DURING THE YEAR THAT PRESENT A CONFLICT OF INTEREST HE/SHE IS REQUIRED TO DISCLOSE THE CONFLICT TO THE BOARD. FORM 990, PART VI, SECTION B, LINE 15A EMPLOYEE COMPENSATION IS DETERMINED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS BASED ON POSITION REQUIREMENTS, QUALIFICATIONS, EXPERIENCE, AND SERVICE. REGIONALLY APPROPRIATE COMPARABILITY DATA IS USED IN EVALUATING COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATIONS'S GOVERNING DOCUMENTS, TAX RETURNS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 381,343. MANAGEMENT AND GENERAL EXPENSES 14,317. FUNDRAISING EXPENSES 38,632. TOTAL EXPENSES 434,292. FORM 990, PART XII, LINE 2C: NEW ENGLAND FORESTRY FOUNDATION'S BOARD OF DIRECTORS OVERSEES THE FINANCIAL STATEMENT AUDIT. THE BOARD REVIEWS THE FINANCIAL STATEMENTS AND FORMALLY APPROVES THEM PRIOR TO FILING.