2018-05-15T09:21:10-05:00 2017-12-31 560574444 CHERRY BEKAERT LLP 4600 EAST WEST HWY STE 200 BETHESDA MD 20814 990 2017-01-01 521388917 THE CONSERVATION FUND A NONPROFIT CORPORATION CONS 7035256300 1655 N FORT MYER DRIVE NO 1300 ARLINGTON VA 222093199 JOHN GILBERT CFO/EVP/TREASURER 7035256300 2018-05-14 1 J SCOTT DENLINGER P00740770 3019513636 2017 2022-09-23 18:48:47Z JOHN GILBERT 1655 N FORT MYER DR ARLINGTON VA 22209 235347905 0 X WWW.CONSERVATIONFUND.ORG X 1985 MD SEE SCHEDULE O. 18 18 204 5 0 0 96181366 125150650 114590230 107724162 714555 1439243 4061453 1033850 215547604 235347905 4722011 4766037 0 0 22711806 22657816 0 0 1765848 190388581 247142734 217822398 274566587 -2274794 -39218682 700420213 730421186 155590910 263886371 544829303 466534815 SEE SCHEDULE O. 0 0 270792297 4766037 108788162 THE FUND WORKS PRIMARILY WITH PARTNERS WHO HAVE IDENTIFIED CONSERVATION PRIORITIES AND REQUEST ASSISTANCE TO COMPLETE LAND TRANSACTIONS THAT CREATE PARKS,COMMUNITY GREEN SPACE,AND WILDLIFE HABITAT. IN ADDITION TO HELPING PUBLIC PARTNERS SAVE LAND,WE WORK WITH INTERESTED PRIVATE LANDOWNERS TO SECURE CONSERVATION EASEMENTS ON LANDS WITH HIGH CONSERVATION VALUE. THE FUND HAS A LONG HISTORY OF ADDING VALUE TO ITS CORE CONSERVATION REAL ESTATE WORK THROUGH THE EXPERTISE AND PROJECTS OF ITS SUSTAINABLE PROGRAMS. THESE PROGRAMS INCLUDE OUR LEADERSHIP IN GREEN INFRASTRUCTURE PLANNING, TRAINING THROUGH THE CONSERVATION LEADERSHIP NETWORK, OUR WORK ON FOOD SUSTAINABILITY AT THE FRESHWATER INSTITUTE, AND CREATING OPPORTUNITIES THAT PRESERVE THE RURAL LANDSCAPE WITH OUR RESOURCEFUL COMMUNITIES PROGRAM. 270792297 1 1 0 1 0 0 1 0 0 1 1 0 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 0 1 325 0 1 204 1 0 0 0 0 0 0 1 3 0 0 0 0 0 0 X 18 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AK AR CA CT DC FL GA IL KS KY ME MD MA MI MN MS MO NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI HI NV X X MICHAEL COX 7035256300 1655 N FORT MYER DRIVE STE 1300 ARLINGTON VA 222093199 R MICHAEL LEONARD CHAIRMAN 3.00 X 0 0 0 JOHN WINTHROP JR VICE CHAIRMAN 3.00 X 0 0 0 KAY KELLEY ARNOLD DIRECTOR 3.00 X 0 0 0 JULIE BARKER DIRECTOR 3.00 X 0 0 0 CHARLES R CHERINGTON DIRECTOR 3.00 X 0 0 0 LUIS DE LA GARZA DIRECTOR 3.00 X 0 0 0 STEPHEN A ELBERT DIRECTOR 3.00 X 0 0 0 PAUL E HAGEN DIRECTOR 3.00 X 0 0 0 G WILSON HUGHES DIRECTOR 3.00 X 0 0 0 JAMES A JOSEPH DIRECTOR 3.00 X 0 0 0 THRUSTON B MORTON III DIRECTOR 3.00 X 0 0 0 C PORTER SCHUTT III DIRECTOR 3.00 X 0 0 0 JAY F WAGLEY DIRECTOR 3.00 X 0 0 0 JAMES M WHITEHURST DIRECTOR 3.00 X 0 0 0 JILL THOMPSON DIRECTOR 3.00 X 0 0 0 ROBERT BONNIE DIRECTOR 3.00 X 0 0 0 J STOREY CHARBONNET DIRECTOR 3.00 X 0 0 0 TODD A CARTER DIRECTOR 3.00 X 0 0 0 LAWRENCE A SELZER PRESIDENT & CEO 36.50 1.00 X 555840 0 59112 DAVID K PHILLIPS JR EXECUTIVE VICE PRESIDENT 31.50 6.00 X 319013 0 49352 DEAN H CANNON EXECUTIVE VP & GENERAL COU 36.50 1.00 X 317413 0 24730 RICHARD L ERDMANN EXECUTIVE VICE PRESIDENT 22.13 3.00 X 324269 0 59112 WILLIAM ALLEN VICE PRESIDENT 37.50 X 144803 0 40579 THOMAS DUFFUS VICE PRESIDENT 37.50 X 170436 0 16898 ROBERT MURPHY SENIOR VICE PRESIDENT 37.50 X 235080 0 46272 SCOTT TISON RE LEGAL MANAGER 36.50 1.00 X 122232 0 19809 MATTHEW S SEXTON SENIOR VP 37.50 X 227356 0 45382 MICHELE J SAGER VICE PRESIDENT 34.50 3.00 X 185127 0 25949 BLAINE T PHILLIPS JR SENIOR VICE PRESIDENT 37.50 X 227294 0 18648 MARK W ELSBREE SENIOR VICE PRESIDENT 37.50 X 226236 0 46702 MARGARET MCCANTS CORPORATE SECRETARY 37.50 X 126020 0 20759 JOSEPH A HANKINS VICE PRESIDENT 36.50 1.00 X 206515 0 29049 JODI R O'DAY VICE PRESIDENT 34.50 3.00 X 227537 0 29089 JENA MEREDITH VICE PRESIDENT 36.50 1.00 X 146748 0 38612 ERIK J MEYERS VICE PRESIDENT 36.50 1.00 X 222432 0 24806 EVAN H SMITH SENIOR VICE PRESIDENT 37.50 X 208751 0 42852 BRIAN DANGLER VICE PRESIDENT 37.50 X 179677 0 41872 ALISA BORLAND VICE PRESIDENT 37.50 X 156877 0 40992 ELIZABETH ENGLE DEPUTY GENERAL COUNSEL 36.50 1.00 X 174277 0 41512 MARTEN JENKINS NCIF PRESIDENT 37.50 X 143775 0 40742 GATES WATSON VICE PRESIDENT 37.50 X 141350 0 38252 PAUL F HURT DEPUTY GENERAL COUNSEL 33.50 4.00 X 221341 0 19148 KELLY REED VICE-PRESIDENT 37.50 X 167934 0 20276 JOHN S GILBERT EXECUTIVE VICE PRESIDENT 35.50 2.00 X 31433 0 1214 STEVEN T SUMMERFELT DIR AQUASYS RESEARCH 37.50 X 174976 0 41782 MICHAEL R COX CONTROLLER 37.50 X 159776 0 39892 PATRICK NOONAN CHAIRMAN EMERITUS 37.50 X 190497 0 43512 CHRIS KELLY PROGRAM DIRECTOR 37.50 X 185251 0 42842 BRIAN VINCI DIRECTOR ENVIR ENG SERVICE 37.50 X 163337 0 23519 6283603 0 1073267 31 0 1 0 EKLUTNA CONSTRUCTION AND MAINTENANCE 10950 MAUSEL STREET UNIT B1A ANCHORAGE AK 99577 CONTRACTOR 3273954 JAMES RESOURCE MANAGEMENT LLC PO BOX 2881 STATESBORO GA 30459 CONTRACTOR 470907 ALLAN C BEEZLEY PC ATTY AND COUNS AT L 1928 14TH ST 300 BOULDER CO 80302 CONTRACTOR 331465 THE NATURE CONSERVANCY 4245 NORTH FAIRFAX DRIVE SUITE 100 ARLINGTON VA 222031606 CONTRACTOR 210641 CHESAPEAKE CONSERVANCY 716 GIDDINGS AVENUE SUITE 42 ANNAPOLIS MD 21401 CONTRACTOR 200000 11 123468 30868996 94158186 27735069 125150650 SALE OF DEMO PROJECTS 531390 90397180 90397180 CONTRACT INCOME 531390 13016624 13016624 INT INC-DEMO PROJECTS 531390 1718065 1718065 MITIGATION FUND MGMT 531390 1577166 1577166 RENT/LEASE INCOME 531390 557676 557676 457451 457451 107724162 1439243 1439243 MISCELLANEOUS INCOME 900099 1033850 1033850 1033850 235347905 108758012 0 1439243 4766037 4766037 7212102 6595447 365401 251254 11035918 10092317 559135 384466 1448052 1190021 155040 102991 1778564 1611591 99077 67896 1183180 1098742 49782 34656 111368 107270 687 3411 668481 635699 12626 20156 178131 165301 7617 5213 13487172 12780899 298318 407955 107218 99432 4651 3135 1114183 1020499 54653 39031 148718 137898 6472 4348 1403419 1235606 100137 67676 1503000 1402256 56458 44286 183734 170466 7892 5376 4930227 4754499 97026 78702 167983 137595 18260 12128 577132 519778 33847 23507 BK VAL-LAND TRANSFERRED 207288527 207288527 0 0 EXTERNAL TRANSFER 8386308 8386308 0 0 LAND ACQUISITION & RELA 6286020 6031874 62508 191638 RESEARCH SUPPLIES & EQU 366202 339583 15913 10706 234911 224652 2942 7317 274566587 270792297 2008442 1765848 129763851 101465757 1529067 969067 3362399 13603077 126053 162040 4095106 2110068 846443 1985038 19405067 56183196 60646569 77573424 484740764 478479587 700420213 730421186 8907660 6985430 76305508 117093218 69621449 87327914 756293 52479809 155590910 263886371 X 269790967 253404266 179836328 109163727 95202008 103966822 544829303 466534815 700420213 730421186 -39218682 -39075806 0 X X 0 1 X 1 1 1 X 80794204 139072978 124075769 96181366 125150650 565274967 80794204 139072978 124075769 96181366 125150650 565274967 75829365 489445602 420135 385047 395197 714555 1439243 3354177 568629144 485672467 0.86070 0.83550 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 23600 376834 400434 274166153 274566587 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 404167 491571 361966 400434 1658138 250000 250000 250000 250000 1000000 1500000 115380 25500 22500 23600 186980 X X X X X 19 77229.00 1 0 8 8 1 49.00 0 1 1222197 201803 1424000 1132000 90197 1222197 1146000 -14000 1132000 1088000 58000 1146000 1000000 88000 1088000 1.00000 0.00000 0.00000 0 0 2859824 1108380 1751444 1046216 817031 229185 189066 184657 4409 1985038 CONSERVATION NOTES RECEIVABLE 77573424 C 77573424 DEMO PRJCTS--LAND & EASEMENTS 477404587 INVESTMENTS IN PARTNERSHIP 1075000 478479587 AMOUNTS DUE OTHER CONSERVATION PARTNERS 50383400 DEPOSITS HELD 674565 DEFERRED RENT 505803 DUE TO SUSTAINABLE CONSERVATION INC. 916041 52479809 X 235347905 0 235347905 0 235347905 274566587 0 274566587 0 274566587 PART II, LINE 3: IN 2017, THE FUND CHANGED ITS METHOD OF REPORTING THE VALUE OF CONSERVATION EASEMENTS ON THE STATEMENT OF FINANCIAL POSITION. THE FUND NOW REPORTS THE VALUE OF ITS CONSERVATION EASEMENTS AT ZERO. WHEN EASEMENTS ARE TRANSFERRED, INCLUDING BY SALE, THE PROCEEDS ARE INCLUDED AS PART OF TOTAL SUPPORT AND REVENUE AND ARE SHOWN AS "PROCEEDS FROM SALE OF DEMONSTRATION PROJECTS". DONATED EASEMENTS ARE RECORDED AS CONTRIBUTION REVENUE AT THEIR ESTIMATED FAIR VALUE AT THE DATE OF DONATION. PART II, LINE 5: BOARD POLICY IS TO DOCUMENT THE CONDITION OF LANDS PROTECTED BY EACH CONSERVATION EASEMENT AT THE TIME THE EASEMENT IS COMPLETED AND MONITOR THAT CONDITION OVER TIME, INCLUDING MAINTAINING ACCURATE RECORDS ON DECISIONS MADE AND ACTIONS TAKEN WITH RESPECT TO EACH EASEMENT. BOARD AUTHORIZED PROCEDURES HAVE BEEN DEVELOPED AND A STEWARDSHIP FUND HAS BEEN ESTABLISHED TO ENSURE THE LONG-TERM MONITORING AND MANAGEMENT GOALS CAN BE ACHIEVED. PART II, LINE 9: IN 2017, THE FUND CHANGED ITS METHOD OF REPORTING THE VALUE OF CONSERVATION EASEMENTS ON THE STATEMENT OF FINANCIAL POSITION. THE FUND NOW REPORTS THE VALUE OF ITS CONSERVATION EASEMENTS AT ZERO. WHEN EASEMENTS ARE TRANSFERRED, INCLUDING BY SALE, THE PROCEEDS ARE INCLUDED AS PART OF TOTAL SUPPORT AND REVENUE AND ARE SHOWN AS "PROCEEDS FROM SALE OF DEMONSTRATION PROJECTS". DONATED EASEMENTS ARE RECORDED AS CONTRIBUTION REVENUE AT THEIR ESTIMATED FAIR VALUE AT THE DATE OF DONATION. PART V, LINE 4: THE GOAL IS TO KEEP FUNDS IN THE CONSERVATION EASEMENT STEWARDSHIP AND ENFORCEMENT FUND SUFFICIENT TO GENERATE INCOME ADEQUATE TO COVER ALL OF ITS ONGOING AND RECURRING CONSERVATION EASEMENT STEWARDSHIP PROGRAM NEEDS WHILE ALSO BEING ADEQUATE TO COVER EXTRAORDINARY FEE MANAGEMENT, ENFORCEMENT AND DEFENSE COSTS IF NEEDED. PART X, LINE 2: THE FUND ACCOUNTS FOR THE EFFECT OF ANY UNCERTAIN TAX POSITIONS BASED ON A "MORE LIKELY THAN NOT" THRESHOLD TO THE RECOGNITION OF THE TAX POSITIONS BEING SUSTAINED BASED ON THE TECHNICAL MERITS OF THE POSITION UNDER SCRUTINY BY THE APPLICABLE TAXING AUTHORITY. IF A TAX POSITION OR POSITIONS ARE DEEMED TO RESULT IN UNCERTAINTIES OF THOSE POSITIONS, THE UNRECOGNIZED TAX BENEFIT IS ESTIMATED BASED ON A "CUMULATIVE PROBABILITY ASSESSMENT" THAT AGGREGATES THE ESTIMATED TAX LIABILITY FOR ALL UNCERTAIN TAX POSITIONS. THE FUND HAS IDENTIFIED ITS TAX STATUS AS A TAX-EXEMPT ENTITY AS ITS ONLY SIGNIFICANT TAX POSITION; HOWEVER, THE FUND HAS DETERMINED THAT SUCH TAX POSITION DOES NOT RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION. THE FUND IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAXING JURISDICTION. THE FUND'S FEDERAL AND STATE TAX RETURNS ARE GENERALLY OPEN FOR EXAMINATION FOR THREE YEARS FOLLOWING THE DATE FILED. SCHEDULE D, PART VIII: THE CONSERVATION FUND HAS ADVANCED FUNDS IN THE FORM OF NOTES RECEIVABLE TO VARIOUS ORGANIZATIONS IN CARRYING OUT PROJECT OR LAND TRANSACTIONS. THERE ARE 54 NOTES OUTSTANDING AT 12/31/17. THE NOTES HAVE VARIOUS INTEREST RATES AND MATURITY DATES, WITH THE LATEST NOTE MATURING IN 2040. MANAGEMENT CONSIDERS ALL NOTES RECEIVABLE TO BE FULLY COLLECTIBLE, THEREFORE, THE NOTES ARE CARRIED AT COST. SCHEDULE D, PART II, LINES 6 AND 7: STAFF AND VOLUNTEER HOURS AND EXPENSES DEVOTED TO MONITORING,INSPECTING,AND ENFORCING CONSERVATION EASEMENTS DURING THE YEAR ARE ESTIMATED BASED ON PAST EXPERIENCE. 1 GROW APPALACHIA 101 CHESTNUT STREET BEREA KY 40404 610444650 501(C)(3) 5000 TO PROMOTE SUSTAINABLE DEVELOPMENT THROUGH CNEF WOOD RIVER LAND TRUST 119 E BUILLION STREET HAILEY ID 83333 820474191 501(C)(3) 13875 FOR PROTECTING IDAHO'S PIONEER MOUNTAINS AND CRATERS OF THE MOON LANDSCAPE/P ADIRONDACK NORTH COUNTRY ASSOCIATION 67 MAIN STREET SUITE 201 SARANAC LAKE NY 12983 150563934 501(C)(3) 10000 STRNGTHENING AND CREATING ECONOMIC DEVELOPMENT AHOSKIE UNITED METHODIST CHURCH 212 CHURCH STREET AHOSKIE NC 27910 560890271 501(C)(3) 8000 FOR THE ATLANTIC SUNRISE ENVIRONMENTAL STEWARDSHIP GRANT PROGRAM THROUGH WIL ASBURY UNITED METHODIST CHURCH 282 N ASBURY ROAD WASHINGTON NC 27889 141995454 501(C)(3) 8500 TO PROMOTE SUSTAINABLE DEVELOPMENT THROUGH CNEF BROWNSVILLE WELLNESS COALITION PO BOX 4587 BROWNSVILLE TX 78520 461309221 501(C)(3) 20000 TO PROMOTE SUSTAINABLE DEVELOPMENT THROUGH CNEF FORT BELKNAP COMMUNITY PO BOX 1177 HARLEM MT 59526 810216424 N/A 25000 TO PROMOTE SUSTAINABLE DEVELOPMENT THROUGH CNEF COMMUNITY FARMERS MARKET 561 FLAT SHOAL AVENUE SE ALTANTA GA 30361 275262520 501(C)(3) 7500 TO PROMOTE SUSTAINABLE DEVELOPMENT THROUGH CNEF COMMUNITIES IN PARTNERSHIP PO BOX 11247 DURHAM NC 27703 475567396 501(C)(3) 10000 TO PROMOTE SUSTAINABLE DEVELOPMENT THROUGH CNEF COMMUNITY FOOD INITIATIVE 94 COLUMBUS ROAD ATHENS OH 45701 311375388 501(C)(3) 5000 TO PROMOTE SUSTAINABLE DEVELOPMENT THROUGH CNEF COMMUNITY FOUNDATION FOR GREATER ATLANTA 191 PEACHTREE STREET SUITE 1000 ATLANTA GA 30303 581344646 501(C)(3) 8000 TO PROMOTE SUSTAINABLE DEVELOPMENT THROUGH CNEF CONCORD UNITED METHODIST 70 CONCORD CHURCH ROAD ROXBORO NC 27574 810645526 501(C)(3) 12500 TO PROMOTE SUSTAINABLE DEVELOPMENT THROUGH CNEF COTTAGE HOUSE INC 47 DOSTER ROAD ARITON AL 36311 261497108 501(C)(3) 10000 FOR THE AMERICORPS MEMBER COST SHARE ECO ACTION 250 GEORGIA AVENUE SE SUITE 309 ATLANTA GA 30212 581854834 501(C)(3) 15600 TO PROMOTE SUSTAINABLE DEVELOPMENT EDGERTON UNITED METHODIST CHURCH 401 WEST ANDERSON STREET SELMA NC 27576 561283921 501(C)(3) 6475 TO PROMOTE SUSTAINABLE DEVELOPMENT THROUGH CNEF GATHER BALTIMORE 2800 SISSON STREET BALTIMORE MD 21211 464842360 501(C)(3) 7500 SUPPORT FOR THE GATHERING WATERS/SPONSORSHIP OF THE WISCONSIN LAND RETREAT US ENDOWMENT FOR FORESTRY & COMMUNITIES INC 908 EAST NORTH STREET GREENVILLE SC 29601 205583324 501(C)(3) 10000 2017 TAKE ROOT SPONSORSHIP SOUTHWEST MICHIGAN PLANNING COMMISSION 185 EAST MAIN STREET BENTON HARBOR MI 49022 382039458 N/A 100000 REGRANT OF POKAGON FUND AND FRESHPET DONATION PROJECT MOMENTUM INC 107 SE MAIN STREET SUITE 410 ROCKY MOUNT NC 27801 203733548 501(C)(3) 32500 TO PROMOTE SUSTAINABLE DEVELOPMENT THROUGH CNEF PRAIRIE LAND CONSERVANCY 321 UNIVERSITY DRIVE MACOMB IL 61455 371206873 501(C)(3) 55000 PROPERTY PRESERVATION THE NATURE CONSERVANCY 116 1ST AVENUE NORTH HAILEY ID 83333 530242652 501(C)(3) 76717 FOR PROTECTING IDAHO'S PIONEER MOUNTAINS AND CRATERS OF THE MOON LANDSCAPE SHIRLEY HEINZE LAND TRUST INC 109 WEST 700 NORTH VALPARAISO IN 46385 352153969 501(C)(3) 91811 SUPPORT THE MORAINE REFORESTATION AND FOREST ENAHANCEMENT PROJECT SANDHILLS FAMILY HERITAGE ASSOCIATION PO BOX 404 SPRING LAKE NC 28390 562243711 501(C)(3) 10000 TO PROMOTE SUSTAINABLE DEVELOPMENT THROUGH CNEF IDAHO CONSERVATION LEAGUE PO BOX 844 BOISE ID 83701 826042478 501(C)(3) 13875 FOR PROTECTING IDAHO'S PIONEER MOUNTAINS AND CRATERS OF THE MOON LANDSCAPE DONEGAL CHAPTER TROUT UNLIMITED 809 PINETREE WAY LANCASTER PA 17601 232932250 501(C)(3) 30000 FOR THE ATLANTIC SUNRISE ENVIRONMENTAL STEWARDSIP GRANT PROGRAM THROUGH WILL CHESAPEAKE CONSERVANCY 716 GIDDINGS AVENUE SUITE 42 ANNAPOLIS MD 21401 262271377 501(C)(3) 400000 TO SUPPORT THE JOHN SMITH CHESAPEAKE TRAIL PROGRAMS DIG IN YANCEY COMMUNITY GARDEN PO BOX 1095 BURNSVILLE NC 28804 273078971 501(C)(3) 8000 TO PROMOTE SUSTAINABLE DEVELOPMENT THROUGH CNEF CITY OF MARION PO BOX 700 MARION NC 28752 566001607 501(C)(3) 10280 TO PROMOTE SUSTAINABLE DEVELOPMENT THROUGH CNEF ELLERBE CREEK WATERSHED ASSOCIATION PO BOX 2679 DURHAM NC 27715 562123874 501(C)(3) 5000 SUPPORT FOR ELLERBE CREEK WATERSHED AND URBAN DURHAM PROJECTS GEORGIA FORESTRY COMMISSION 5645 RIGGINS MILL ROAD DRY BRANCH GA 31020 586002019 N/A 22750 GRANT FOR ESTABLISHING 87 ACRES OF LONGLEAF PINE HEARTLAND CONSERVATION ALLIANCE 4750 TROOST KANSAS CITY MO 64112 352434953 501(C)(3) 50000 PARKS WITH PURPOSE PROJECT HISTORIC WESTSIDE GARDENS ATL INC 3338 PEACHTREE RD NE 11008 ATLANTA GA 30326 465226497 501(C)(3) 5000 GROWING ATLANT'S GREEN ECONOMY MINI GRANT PROGRAM LEADING INTO NEW COMMUNITIES 222 DIVISION DRIVE/PO BOX 401 WILMINGTON NC 28402 562135792 501(C)(3) 8500 TO PROMOTE SUSTAINABLE DEVELOPMENT THROUGH CNEF LINCOLN HEIGHT COMMUNITY CENTER 34 LINCOLN STREET ROANOKE RAPIDS NC 27870 561961894 501(C)(3) 8500 TO PROMOTE SUSTAINABLE DEVELOPMENT THROUGH CNEF LITTLE WASHINGTON GROWING GROUP 805 WESTVIEW COURT GOLDSBORO NC 27530 811447342 501(C)(3) 7500 TO PROMOTE SUSTAINABLE DEVELOPMENT THROUGH CNEF PELETAH MINISTRIES PO BOX 14253 NEW BERN NC 28561 611662965 501(C)(3) 8500 TO PROMOTE SUSTAINABLE DEVELOPMENT THROUGH CNEF EPISCOPAL FARMWORKER MINISTRY PO BOX 160 NEWTON GROVE NC 28366 560552784 501(C)(3) 40000 TO PROMOTE SUSTAINABLE DEVELOPMENT THROUGH CNEF WORKING LANDSCAPES 108 C SOUTH MAIN STREET WARRENTON NC 27589 272082921 501(C)(3) 40000 TO PROMOTE SUSTAINABLE DEVELOPMENT THROUGH CNEF GREATER CURRIE COMMUNITY PO BOX 123 CURRIE NC 28435 455192875 501(C)(3) 6000 GRANT FOR LAND ACQUISITION AND RESTORATION HABITAT FOR HUMANITY INTERNATIONAL 270 PEACHTREE STREET NW SUITE 1300 ATLANTA GA 30303 911914868 501(C)(3) 10000 TO PROMOTE SUSTAINABLE DEVELOPMENT THROUGH CNEF RURAL COALITION 1029 VERMONT AVENUE NW SUITE 601 WASHINGTON DC 20005 521203899 501(C)(3) 10000 TO SUPPORT EMERGIN FARMERS SCHUYKILL CONSERVATION DISTRICT 1204 AG CENTRE DRIVE POTSVILLE PA 17901 232414304 501(C)(3) 25000 TO PROMOTE SUSTAINABLE DEVELOPMENT THROUGH CNEF SHADY GROVE UNITED METHODIST 4825 POUNCEY TRACT ROAD CLENN ALLEN VA 23059 237449895 N/A 15000 TO SUPPORT COMMUNITY FARMING INITIATIVE ST MATTHEWS METROPOL 4400 E LINWOOD BLVD KANSAS CITY MO 64128 561601074 501(C)(3) 7500 TO PROMOTE SUSTAINABLE DEVELOPMENT THROUGH CNEF SUSTAINABLE BEREA INITIATIVE PO BOX 1302 BEREA KY 40403 020769242 501(C)(3) 10000 TO PROMOTE SUSTAINABLE DEVELOPMENT THROUGH CNEF DREAMING OUT LOUD 419 7TH STREETNW 3RD FLOOR WASHINGTON DC 20004 261286043 501(C)(3) 10000 TO CREATE GREENSPACE IN THE INNER-CITY AND ADVOCATE FOR SUSTAINABLE DEVELO THE RIGHTS 2 LIFE FOUNDATION 502 PRYOR STREET SW UNIT 209 ATLANTA GA 30312 320360686 501(C)(3) 5000 TO PROMOTE SUSTAINABLE DEVELOPMENT THROUGH CNEF THEODORE ROOSEVELT CONSERVATION PARTNERSHIP 529 4TH STREET NW SUITE 500 WASHINGTON DC 20045 043706385 501(C)(3) 6500 TO CREATE GREENSPACE IN THE INNER-CITY AND ADVOCATE FOR SUSTAINABLE DEVELOPM TROUT UNLIMITED 1777 NORTH KENT STREET ARLINGTON VA 22209 381612715 501(C)(3) 13673 TO PROMOTE SUSTAINABLE DEVELOPMENT THROUGH CNEF UNITED COMMUNITY MINISTRIES 7511 FORDSOM ROAD ALEXANDRIA VA 22306 540850780 501(C)(3) 10000 GROWING ALEXANDRIA'S GREEN ECONOMY MINI GRANT PROGRAM VALENCIA SOIL AND WATER GARDENS 2424 HWY 47 BELEN NM 87002 850222578 N/A 17500 URBAN GARDENING & CULTIVATION VALLEY VERDE 466 WEST SAN CARLOS STREET SAN JOSE CA 95110 453084814 N/A 27500 HEALTH FOODS INITIATIVE WEST ATLANTA WATERSHED 1442 RICHLAND ROAD SOUTHWEST ATLANTA GA 30310 200890449 501(C)(3) 11600 TO PROMOTE SUSTAINABLE DEVELOPMENT THROUGH CNEF UNITY IN THE COMMUNITY PO BOX 524 PLANT CITY FL 33564 611765021 N/A 10000 CREATING NEW ECONOMIES GROWING CHANGE PO BOX 1902 LAURINBURG NC 28352 463148758 501(C)(3) 7500 TO PROMOTE SUSTAINABLE DEVELOPMENT THROUGH CNEF ROCKY MOUNTAIN FRONT WEED ROUNDTABLE PO BOX 663 CHOTEAU MT 59422 272846730 501(C)(3) 41000 TO SUPPORT INVASIVE WILD WEEDS WORK GROUP RAIL TRAIL COUNCIL 2121 WARD COURT NW 5TH FLOOR WASHINGTON DC 20037 521437006 501(C)(3) 405352 GRANT THROUGH WILLIAMS ATLANTIC SUNRISE FOR SUSTAINABLE DEVELOPMENT PUEBLO DE COCHITI PO BOX 70 COCHITI PUEBLO NM 87072 850216637 501(C)(3) 27500 TO SUPPORT COMMUNITY FARMING INITIATIVE PINK HILL PRESERVATION 303 S CENTRAL AVENUE PINK HILL NC 28572 270196970 501(C)(3) 8000 TO SUPPORT CREATING NEW ECONOMIES HIDDEN HARVEST PO BOX 1982 940 EAST GENESEE AVENUE AVENUE SAGINAW MI 48605 330821743 501(C)(3) 10000 TO PROMOTE SUSTAINABLE DEVELOPMENT THROUGH CNEF HMONG AMERICAN FARMERS ASSOCIATION 149 THOMPSON AVENUE EAST SUITE 210 WEST SAINT PAUL MN 55118 460928003 501(C)(3) 25000 TO PROMOTE SUSTAINABLE DEVELOPMENT THROUGH CNEF KEEP TAMPA BAY BEAUTIFUL 730 WEST EMMA STREET TAMPA BAY FL 33603 593150612 501(C)(3) 5000 TO PROMOTE SUSTAINABLE DEVELOPMENT THROUGH CNEF LAC DU FLAMBEAU 109 OLD ABE ROAD PO BOX 68 LAC DU FLAMBEAU WI 54538 390817274 501(C)(3) 17500 SPONSORSHIP OF LTA ADVOCACY RECEPTION/2017 RALLY/SE CONFERENCE/NY LAND TRUST LOCAL FOOD HUB PO BOX 4647 CHARLOTTESVILLE VA 22905 264137130 501(C)(3) 10000 TO PROMOTE SUSTAINABLE DEVELOPMENT THROUGH CNEF MADISON COUNTY DEPARTMENT PO BOX 247 100 E WALLACE VIRGINIA CITY MT 59755 566000316 501(C)(3) 9000 TO PROMOTE SUSTAINABLE DEVELOPMENT THROUGH CNEF MILL GROVE UNITED METHODIST CHURCH 7311 MILL GROVE ROAD INDIAN TRAIL NC 27809 561339924 501(C)(3) 15000 TO PROMOTE SUSTAINABLE DEVELOPMENT THROUGH CNEF TARBORO COMMUNITY OUTREACH 701 CEDAR STREET TARBORO NC 27886 561557200 501(C)(3) 15000 TO PROMOTE SUSTAINABLE DEVELOPMENT THROUGH CNEF MILL CREEK PRESERVATION ASSOCIATION PO BOX 300 BIRDINHAND PA 17505 201623132 501(C)(3) 148400 TO ASSIST IN ACQUISITION COSTS MOORE COUNTY HEALTHY COMMUNITIES PO BOX 279 705 PINEHURST AVENUE CARTHAGE NC 28327 566000322 501(C)(3) 5875 TO PROMOTE SUSTAINABLE DEVELOPMENT THROUGH CNEF NASH COMMUNITY COLLEGE 522 N OLD CARRIAGE ROAD ROCKY MOUNT NC 27804 203733548 501(C)(3) 10000 2017 FORUM SPONSORSHIP FOR SAFSF OPPORTUNITIES INDUSTRIALIZATION CENTER 111 S FAIRVIEW ROAD ROCKY MOUNT NC 27801 560946196 501(C)(3) 37500 TO SUPPORT COMMUNITY FARMING INITIATIVE AND ADVOCATE FOR SUSTAINABLE DEVELOP OUTDOOR FOUNDATION 2580 55TH ST SUITE 101 BOULDER CO 80301 841549065 501(C)(3) 10000 SUPPORT OF OUTDOOR NATION PROGRAM PALMETTO LAND & WATER DISTRICT PO BOX 1621 LAURINBURG NC 28353 261588298 501(C)(3) 25000 TO PROMOTE SUSTAINABLE DEVELOPMENT THROUGH CNEF PIEDMONT PROGRESSIVE 9704 MALLARD CREEK ROAD CHARLOTTE NC 28262 474513722 501(C)(3) 9225 TO PROMOTE SUSTAINABLE DEVELOPMENT THROUGH CNEF PINEY GROVE COMMUNITY DEVELOPMENT 1879 GLENWOOD AVE SE ATLANTA GA 30303 561717046 501(C)(3) 8500 TO PROMOTE SUSTAINABLE DEVELOPMENT THROUGH CNEF MISSOURI DEPARTMENT OF ECONOMIC DEVELPMENT PO BOX180 JEFFERSON CITY MO 65102 446000987 501(C)(3) 75000 TO PROMOTE SUSTAINABLE DEVELOPMENT THROUGH CNEF WYOMING COUNTY CONSERVATION DISTRICT 21 HOLLOWCREST ROAD TUNKHANNOCK PA 18657 232199560 501(C)(3) 99274 GROWING PA'S GREEN ECONOMY MINI GRANT PROGRAM 70 7 PART I, LINE 2: THE CONSERVATION FUND MONITORS GRANTS GIVEN BY REQUIRING REPORTS FROM THE GRANTEE. AFTER IT IS DETERMINED THAT THE POTENTIAL GRANTEE'S MISSION IS COMPATIBLE WITH THAT OF THE FUND, THE FUND AWARDS THE GRANT THROUGH A PARTICULAR PROJECT MANAGER. SUBSEQUENT TO THE GRANT AWARD, THE PROJECT MANAGER PERIODICALLY, USUALLY EVERY QUARTER, RECEIVES AND REVIEWS A PROGRAM REPORT FROM THE GRANT RECIPIENT UNTIL THE GRANT IS FULLY EXPENDED. X X X X X 0 1 0 0 0 0 0 1 0 LAWRENCE A SELZER PRESIDENT & CEO 388340 0 167500 0 0 0 30000 0 29112 0 614952 0 0 0 DAVID K PHILLIPS JR EXECUTIVE VICE PRESIDENT 226313 0 92700 0 0 0 22840 0 26512 0 368365 0 0 0 DEAN H CANNON EXECUTIVE VP & GENERAL COU 249513 0 67900 0 0 0 22630 0 2100 0 342143 0 0 0 RICHARD L ERDMANN EXECUTIVE VICE PRESIDENT 201869 0 122400 0 0 0 30000 0 29112 0 383381 0 0 0 WILLIAM ALLEN VICE PRESIDENT 123603 0 21200 0 0 0 13107 0 27472 0 185382 0 0 0 THOMAS DUFFUS VICE PRESIDENT 144636 0 25800 0 0 0 14360 0 2538 0 187334 0 0 0 ROBERT MURPHY SENIOR VICE PRESIDENT 196580 0 38500 0 0 0 19760 0 26512 0 281352 0 0 0 MATTHEW S SEXTON SENIOR VP 176556 0 50800 0 0 0 18150 0 27232 0 272738 0 0 0 MICHELE J SAGER VICE PRESIDENT 156427 0 28700 0 0 0 15120 0 10829 0 211076 0 0 0 BLAINE T PHILLIPS JR SENIOR VICE PRESIDENT 177394 0 49900 0 0 0 18150 0 498 0 245942 0 0 0 MARK W ELSBREE SENIOR VICE PRESIDENT 175436 0 50800 0 0 0 18150 0 28552 0 272938 0 0 0 JOSEPH A HANKINS VICE PRESIDENT 176615 0 29900 0 0 0 16640 0 12409 0 235564 0 0 0 JODI R O'DAY VICE PRESIDENT 185837 0 41700 0 0 0 18140 0 10949 0 256626 0 0 0 JENA MEREDITH VICE PRESIDENT 122548 0 24200 0 0 0 12100 0 26512 0 185360 0 0 0 ERIK J MEYERS VICE PRESIDENT 188932 0 33500 0 0 0 18140 0 6666 0 247238 0 0 0 EVAN H SMITH SENIOR VICE PRESIDENT 167951 0 40800 0 0 0 16340 0 26512 0 251603 0 0 0 BRIAN DANGLER VICE PRESIDENT 145177 0 34500 0 0 0 14360 0 27512 0 221549 0 0 0 ALISA BORLAND VICE PRESIDENT 139477 0 17400 0 0 0 14480 0 26512 0 197869 0 0 0 ELIZABETH ENGLE DEPUTY GENERAL COUNSEL 150277 0 24000 0 0 0 15000 0 26512 0 215789 0 0 0 MARTEN JENKINS NCIF PRESIDENT 122975 0 20800 0 0 0 12230 0 28512 0 184517 0 0 0 GATES WATSON VICE PRESIDENT 122550 0 18800 0 0 0 11740 0 26512 0 179602 0 0 0 PAUL F HURT DEPUTY GENERAL COUNSEL 177841 0 43500 0 0 0 18140 0 1008 0 240489 0 0 0 KELLY REED VICE-PRESIDENT 142134 0 25800 0 0 0 13610 0 6666 0 188210 0 0 0 STEVEN T SUMMERFELT DIR AQUASYS RESEARCH 145976 0 29000 0 0 0 15270 0 26512 0 216758 0 0 0 MICHAEL R COX CONTROLLER 140976 0 18800 0 0 0 13380 0 26512 0 199668 0 0 0 PATRICK NOONAN CHAIRMAN EMERITUS 171497 0 19000 0 0 0 17000 0 26512 0 234009 0 0 0 CHRIS KELLY PROGRAM DIRECTOR 159751 0 25500 0 0 0 16330 0 26512 0 228093 0 0 0 BRIAN VINCI DIRECTOR ENVIR ENG SERVICE 142837 0 20500 0 0 0 13710 0 9809 0 186856 0 0 0 PART I, LINE 4B THE FUND MAINTAINS A NONQUALIFIED PLAN UNDER WHICH THE ORGANIZATION IS ACCRUING $25,000 PER YEAR, TO BE PAID TO AN EXECUTIVE OF THE ORGANIZATION. THE AMOUNTS ARE FORFEITABLE AND MAY BE DISCONTINUED AT ANY TIME. TO BE ELIGIBLE TO RECEIVE THE COMPENSATION THE EXECUTIVE MUST REMAIN EMPLOYED WITH THE FUND FOR SPECIFIC TIME PERIODS. NO PAYMENTS HAVE BEEN MADE TO DATE UNDER THE PLAN. PART I, LINE 7 ALL EMPLOYEES, INCLUDING OFFICERS AND KEY EMPLOYEES, ARE ELIGIBLE FOR BONUSES THAT ARE PAID ANNUALLY IN THE MONTH OF FEBRUARY OF THE FOLLOWING YEAR. THE BONUS AMOUNT FOR OFFICERS IS APPROVED BY THE GOVERNANCE COMMITTEE AND IS BASED ON BOTH INDIVIDUAL PERFORMANCE AND THE OVERALL PERFORMANCE OF THE ORGANIZATION. X 46 538396 SALES PRICE X 4 1022482 APPRAISAL X 28 27196673 8 0 1 0 FORM 990, PART I,LINE 1 AND PART III LINE 1: THE CONSERVATION FUND, WORKING WITH PUBLIC, PRIVATE AND NONPROFIT PARTNERS, PROTECTS AMERICA'S LEGACY OF LAND AND WATER RESOURCES THROUGH LAND ACQUISITION, SUSTAINABLE COMMUNITY AND ECONOMIC DEVELOPMENT, AND LEADERSHIP TRAINING, EMPHASIZING THE INTEGRATION OF ECONOMIC AND ENVIRONMENTAL GOALS. FORM 990, PART VI, SECTION B, LINE 11B THE INDEPENDENT AUDITING FIRM ENGAGED TO CONDUCT AN ANNUAL AUDIT OF THE FINANCIAL STATEMENTS IS ENGAGED TO ASSIST IN THE PREPARATION OF THE FORM 990. THE CHIEF FINANCIAL OFFICER AND HIS STAFF DIRECTLY PARTICIPATE IN THE PREPARATION OF THE FORM, DRAFTING RESPONSES TO QUESTIONS AND REVIEWING THE FORM 990 IN DRAFT. COUNSEL REVIEWS THE FULL DRAFT REPORT. A DRAFT OF THE 990 IS ALSO SHOWN TO THE FULL BOARD FOR COMMENTS AND QUESTIONS. SUBSEQUENT TO THE REVIEW AND REVISION PROCESS, THE FORM 990 IS FINALIZED AND FILED WITH THE IRS. COPIES OF THE FORM ARE PROVIDED TO THE FULL BOARD DURING THE SUBSEQUENT BOARD MEETING AND THEN MADE AVAILABLE FOR PUBLIC INSPECTION. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT POLICY COPIES ARE PROVIDED TO EACH DIRECTOR AND OFFICER AT A REGULAR BOARD MEETING EACH YEAR, TYPICALLY AT THE FIRST MEETING OF THE YEAR. EACH SUCH PERSON MUST SIGN TO INDICATE HE/SHE HAS READ THE POLICY AND UNDERSTANDS HIS/HER DUTIES UNDER IT. FORM 990, PART VI, SECTION B, LINE 15 TCF USES AN OUTSIDE THIRD PARTY COMPENSATION STUDY TO EVALUATE COMPENSATION LEVELS FOR ITS PRESIDENT AND KEY OFFICERS. TCF'S GOVERNANCE COMMITTEE APPROVES COMPENSATION AMOUNTS FOR THE PRESIDENT AND KEY OFFICERS. FORM 990, PART VI, SECTION C, LINE 19 THE CONSERVATION FUND'S ANNUAL REPORT, WHICH INCLUDES FINANCIAL SUMMARIES, IS POSTED ON THE FUND'S WEBSITE. GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C THE ORGANIZATION HAS NOT CHANGED EITHER ITS AUDIT OVERSIGHT OR SELECTION PROCESS DURING THE TAX YEAR. SHELTERWOOD HOLDINGS ILLC 1655 N FORT MYER DRIVE SUITE 1300 ARLINGTON VA 22209 CONSERVATION REAL ESTATE OWNERSHIP DE 183379 83184 THE CONSERVATION FUND SHELTERWOOD HOLDINGS IILLC 1655 N FORT MYER DRIVE SUITE 1300 ARLINGTON VA 22209 CONSERVATION REAL ESTATE OWNERSHIP DE 0 0 THE CONSERVATION FUND TCF SABINE RANCH HUNT CLUB LLC 1655 N FORT MYER DRIVE SUITE 1300 ARLINGTON VA 22209 HUNT CLUB DE 7913340 19922289 THE CONSERVATION FUND WAPITI WOODS LLC 1655 N FORT MYER DRIVE SUITE 1300 ARLINGTON VA 22209 CONSERVATION REAL ESTATE OWNERSHIP DE 727596 469540 THE CONSERVATION FUND BLY HOLLOW LLC 1655 N FORT MYER DRIVE SUITE 1300 ARLINGTON VA 22209 CONSERVATION REAL ESTATE OWNERSHIP DE 1874568 11503239 THE CONSERVATION FUND GOTHAM WOODS LLC 1655 N FORT MYER DRIVE SUITE 1300 ARLINGTON VA 22209 CONSERVATION REAL ESTATE OWNERSHIP DE 1566988 15112673 THE CONSERVATION FUND BRANDYWINE BEAVER VALLEY LLC 1655 N FORT MYER DRIVE SUITE 1300 ARLINGTON VA 22209 CONSERVATION REAL ESTATE OWNERSHIP DE 24419283 140028 THE CONSERVATION FUND NATURAL CAPITAL INVESTMENT FUND 1098 TURNER ROAD SHEPHERDSTOWN WV 25443 542058754 CONSERVATION BUSINESS DEVELOPMENT MD 501(C)3 LINE 12B, II THE CONSERVATION FUND 0 SUSTAINABLE CONSERVATION INC 1655 N FORT MYER DR SUITE 1300 ARLINGTON VA 22209 621586798 CONSERVATION MD 501(C)3 LINE 12B, II THE CONSERVATION FUND 0 NEW FOREST FUND IV LLC 1655 N FORT MYER DR SUITE 1300 ARLINGTON VA 22209 462385809 CONSERVATION REAL ESTATE OWNERSHIP DE 501(C)3 LINE 12B, II SUSTAINABLE CONSERVATION INC 0 0 1 0 1 0 0 0 0 0 0 0 1 0 1 1 0 1 0 0 NATURAL CAPITAL INVESTMENT FUND D 5000000 LOAN BALANCE NATURAL CAPITAL INVESTMENT FUND O 1047601 COST SUSTAINABLE CONSERVATION INC Q 127316 COST NATURAL CAPITAL INVESTMENT FUND Q 418789 COST SUSTAINABLE CONSERVATION INC D 13298000 LOAN BALANCE