2017-04-13T10:43:49-05:00 2016-09-30 521855942 Tate & Tryon 2021 l st nw suite 400 washington DC 20036 990 2015-10-01 521190211 AMERICAN FARMLAND TRUST AMER 2023317300 1150 Connecticut Avenue NW No 600 WASHINGTON DC 20036 John Piotti President and CEO 2023317300 2017-04-13 1 R Michael Sorrells P00001737 2022932200 2015 2021-01-29 14:40:06Z JOHN PIOTTI 1150 Connecticut Avenue NW No 600 WASHINGTON DC 20036 13058088 0 X WWW.FARMLAND.ORG X 1980 DC THE MISSION OF AMERICAN FARMLAND TRUST is to save the land that sustains us by protecting farmland, promoting sound farming practices and keeping farmers on the land. 19 19 82 19 0 0 6635514 8687131 235628 333292 2182435 433081 108122 107122 9161699 9560626 0 0 0 0 5423852 5025715 185015 297327 1628633 5809998 5531315 11418865 10854357 -2257166 -1293731 22008591 22357798 2188361 2235392 19820230 20122406 X THE MISSION OF AMERICAN FARMLAND TRUST is to save the land that sustains us by protecting farmland, promoting sound farming practices and keeping farmers on the land. 0 0 5626506 33292 State, Local and Federal Programs -For over 35 years AFT has led a national movement to advance farmland protection across the country. Since our founding in 1980, AFT has helped save five million acres of farmland from development and has led the way for the adoption of conservation practices on millions more. The federal government, states, and localities nationwide now have programs and policies in place to protect farmland because of AFT. In FY 2016, we maintained our focus on protecting farmland, promoting sound farming practices, and keeping farmers on the land. We devoted significant resources to major initiatives that advanced this mission, including our effort to track the loss of farmland and ranchland across the country with "State of America's Farmland," our program to help the next generation of farmers and ranchers secure suitable land to start and expand their operations, and our women's initiative, which provides research and on-the-ground support to women landowners. AFT does this work at its headquarters in Washington, DC, and in six regional offices. Progress addressing our mission:1. Protect Farm and ranch land - AFT is the only national conservation group working to preserve our valuable and irreplaceable farmland and the farmers and ranchers who make it the most productive in the world. AFT's Farmland Information Center staff surveys of state and local purchase of agricultural conservation easement (PACE) program found 28 state and 95 local program have acquired at least 19,500 easements and protected more than 3.1 million acres of farm and ranch. AFT is setting targets to reduce Farmland conversion and Greenhouse emission in California. AFT is collaborating with the California Association of Local Agency Formation Commission to investigate the impact of Local Agency Formation Commissions on farmland conversion and to propose reforms to reduce their impact. Also, helping counties in Washington State to protect Farmland working closely with partners to educate the community and county council on Agricultural Resource Lands. 2. Promotes Sound Farming Practices - AFT promotes sound farming practices by accelerating conservation efforts that safeguard water, air and wildlife. AFT has brought together watershed project directors and other stakeholders to compare notes and share lessons learned about watershed projects. Working with local agricultural partners and supported by funding through the New York Farm Viability Institute, AFT hosted 170 farmers and farm advisors at the Western New York Soil Health Field Day in New York. Farmers discussed successful soil health practices, and participants had the opportunity to visit 94 on-farm demonstration plots of inter-seeded and post-harvest cover crops. Demonstrations showed the influence of cover crops on rainfall runoff and infiltration, zone tillage in cover crops, and the benefits of planting corn and soybeans into a green cover crop. AFT's leadership with the Alliance for Puget Sound Natural Resources in Washington State has led to a newly catalyzed conversation on how we can build a better local food systems and brand that not only gets more money back to farms, but also provide additional rewards for sound farming practices that help protect the local salmon population. We are testing a Novel Approach to markets in the Great Lakes, developing a Novel product and Market in the Pacific Northwest, supporting Local Bees with AFT's Protected Farm Pollinator Habitat Project and helping conservation districts engage with environmental Markets. 3. Keeping Farmers on the Land - AFT supports new market opportunities that keep farmers on the land and cultivate new and beginning farmers. AFT organized regional training to bring together local government with community stakeholders and food system experts. AFT was also invited to participate in a retreat for key agricultural leaders where the goals and strategies were discussed and recommendations were made for future action. In Fall 2016, AFT met with Bay Area Agriculture and Food System leaders to discuss the need for a formal Bay Area Agricultural and Food System Program. As part of the program, the Association of Bay Area Government (ABAG) has formed a Strategy Committee to guide the development for the food and agricultural sectors. This includes identifying strengths, weakness, opportunities, and threats, the specific steps necessary to build on existing assets, and ways to address critical barriers to continued economic prosperity. AFT is also engaged in participatory policy development process with regulators, conservation advocates and solar industry players to mitigate the impacts of solar development on farmland in Massachusetts. In Pacific Northwest AFT did a workshop on land access and farmland preservation in partnership with Washington State University. 2053761 Public Education - Advocate - AFT fights for programs and policies that save farmland, farmers and environments. Educate - AFT educates the public about the importance of the nation's farm and farmland - to help stop their loss.Innovate - AFT pioneers cutting-edge techniques that save farmland and protect natural resourcesInvestigate - AFT conducts respected research as the foundation of our programs.Collaborate - AFT builds coalitions to achieve large-scale solutions and lasting change 499484 300000 Communications and media outreach - AFT Continuously engages the public through our communication and Media Outreach program on our work. 422152 422152 8601903 1 1 0 1 0 0 1 0 0 1 1 0 0 0 1 0 1 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 74 0 1 82 1 0 0 0 0 0 1 1 0 0 0 0 X 19 19 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 AL AK AR CA CT FL GA HI IL KS KY ME MD MA MI MN MS NH NJ NM NY NC OK OR PA RI SC TN UT VA WV WI X X AMERICAN FARMLAND TRUST 2023317300 1150 Connecticut Avenue NW No 600 WASHINGTON DC 20036 Barton Thompson Jr CHAIR 3.00 X X 0 0 0 John Hardin VICE CHAIR 3.00 X X 0 0 0 WILLIAM COHAN TREASURER 3.00 X X 0 0 0 AG Kawamura DIRECTOR 1.00 X 0 0 0 WILLIAM BOEHM DIRECTOR 1.00 X 0 0 0 ELIZABETH JONES DIRECTOR 1.00 X 0 0 0 Nancy Hirshberg DIRECTOR 1.00 X 0 0 0 Ea'mon O'Toole DIRECTOR 1.00 X 0 0 0 Grant Winthrop DIRECTOR 1.00 X 0 0 0 Mel Coleman Jr DIRECTOR 1.00 X 0 0 0 ELIZABETH BECK DIRECTOR 1.00 X 0 0 0 Dennis Wolff DIRECTOR 1.00 X 0 0 0 Truman Semans Director 1.00 X 0 0 0 Gina Gallo Director 1.00 X 0 0 0 Laurie Landeau Director 1.00 X 0 0 0 James Moseley Director 1.00 X 0 0 0 Manya K Rubinstein Director 1.00 X 0 0 0 Greg Watson Director 1.00 X 0 0 0 Jean-Mari Peltier DIRECTOR 1.00 X 0 0 0 Ralph Grossi Interim President & CEO (Beg. 4/15) 35.00 X 94023 0 0 Kathie Lwanga Secretary 35.00 X 67562 0 13708 Richard M Lukens Assistant Treasurer 35.00 X 103070 0 4194 Rick Monk Assistant Secretary 16.00 X 0 0 0 Susan Sink VP of Development 35.00 X 206188 0 20229 James Daukas VP of Operations 35.00 X 154062 0 36194 John Larson VP of Programs 37.50 X 135080 0 20014 Julia Freedgood Asst VP of Programs 35.00 X 123947 0 24682 Alice Sorensen Asst VP of Programs & Dir of Research 35.00 X 137974 0 20227 Edward Thompson CA State Director 35.00 X 137626 0 29645 Laura Trivers Director of Marketing & Communication 35.00 X 118339 0 25533 1277871 0 194426 9 0 1 0 PRODUCTION SOLUTIONS INC 1953 GALLOWS ROAD STE 600 VIENNA VA 221823988 DIRECT MAIL PRODUCTION 673532 EIDOLON COMMUNICATIONS 15 MAIDEN LANE SUITE 1401 NEW YORK NY 10038 DIRECT MAIL PRODUCTION 224489 CORDIA RECRUTING & STAFFING 8229 BOONE BLVD SUITE 300 VIENNA VA 22182 FINANCE SERVICES 129733 KALBIAN HAGERTY LLP 888 17TH STREET NW SUITE 1000 WASHINGTON DC 20006 LEGAL SERVICES 110100 TOAL GRIFFITH RAGULA LLC 130 ADMIRAL COCHRANE DRIVE SUITE 2 ANNAPOLIS MD 21401 FINANCE SERVICES 109058 10 21472 1303515 7362144 20942 8687131 CAUSE MARKETING 900004 300000 300000 Conference Income 900004 33292 33292 333292 441353 441353 13505 0 13505 13505 13505 3489190 3497462 -8272 -8272 -8272 recaptured expenses 900099 45402 45402 other income 900099 28913 28913 LIST RENTAL INCOME 900099 19302 19302 93617 9560626 333292 0 540203 X 964838 796033 44979 123826 2690653 2219905 125434 345314 168947 139389 7876 21682 905120 746763 42195 116162 296157 244343 13806 38008 212729 177910 24670 10149 75973 63538 8811 3624 297327 297327 50172 38183 2314 9675 1850293 1688601 161692 25117 19115 1159 4843 1214507 997066 60437 157004 479874 347853 90128 41893 419102 261094 17867 140141 71432 44501 3045 23886 191837 145995 8849 36993 25482 19393 1175 4914 Newsletter & Publishing 713939 499360 119 214460 DONATIONS AWARDS 120515 91717 5559 23239 Equipmt/Software & Stor 80343 61144 3706 15493 10854357 8601903 623821 1628633 X 2690807 2053761 0 637046 229 229 1347347 973908 1581686 3896455 79304 589782 42420 48267 1518525 788201 892123 730324 17015260 15653310 1050222 465523 22008591 22357798 856429 881584 356231 443261 37113 5303 938588 905244 2188361 2235392 X 12745201 10932264 4036700 6151813 3038329 3038329 19820230 20122406 22008591 22357798 X -1293731 1617618 -21711 X X 0 1 X 1 1 1 X 6250775 9565650 7170759 6635514 8687131 38309829 6250775 9565650 7170759 6635514 8687131 38309829 4622376 33687453 533256 471845 625117 613074 454858 2698150 37229 21589 49099 48633 93617 250167 41258146 861145 0.81650 0.77450 X Schedule A, Part II, Line 10, Explanation of Other Income: List Rental Income - 2011 Amount: $ 4,906. 2012 Amount: $ 2,375. 2013 Amount: $ 17,744. 2014 Amount: $ 12,712. 2015 Amount: $ 19,302. recaptured expenses - 2011 Amount: $ 19,106. 2012 Amount: $ 6,233. 2013 Amount: $ 22,303. 2014 Amount: $ 18,818. 2015 Amount: $ 45,402. other income - 2011 Amount: $ 13,217. 2012 Amount: $ 12,981. 2013 Amount: $ 9,052. 2014 Amount: $ 17,103. 2015 Amount: $ 28,913. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 16143 16143 8862082 8878225 593911 148478 0 0 504316 560690 575106 593911 2234023 3351035 54640 21538 16340 16143 108661 126079 140173 143777 148478 558507 837761 12162 7752 19914 X X 109 44996.00 22 1 2003.00 160542 17015260 0 2038597 3400547 15653310 20215304 35000 -322464 2912580 17015260 20784538 1249860 2181857 4000951 20215304 17290706 3590000 2360273 2456441 20784538 16396509 3138072 2243875 17290706 0 0 658344 299557 358787 860181 488644 371537 730324 SPLIT-INTEREST AGREEMENTS PAYABLE 225616 Deferred rent and lease incentives 678953 DEPOSITS 675 905244 11156533 1617618 -21711 1595907 9560626 0 9560626 10854357 0 10854357 0 10854357 Part II, Line 5: AFT's policy is to monitor each of our easements every other year, unless an issue or circumstance regarding a particular property warrants more frequent visits. AFT has also adopted a violations policy that addresses the manner in which AFT determines and enforces violations of conservation easements. AFT continually evaluates each easement on a case-by-case basis to determine the appropriate monitoring and inspection needs required to ensure that the conservation purposes of the easement are upheld. Part II, Line 9: iT is the Organization's policy, when acquiring or accepting an easement, to extinguish in perpetuity the development rights on the underlying property. Consequently, all such easements are valued at one dollar. Easements whose development rights are not so treated have also been valued at one dollar because it is management's opinion that the Organization will not recover its cost for these easements. Any proceeds from the sale of a conservation easement to a qualified entity are maintained in the Organization's Farmland Protection fund. Part V, Line 4: The Organization is committed to a long-term approach with a balanced program of investments to preserve and enhance the real purchasing power of the fund so as to provide a stable and, in real terms, constant stream of current income for annual operating needs. The Organization's investment objective is to attain a minimum rate of return of 5% plus the change in the Consumer Price Index (after management fees) over an investment cycle. The primary measure of the Organization's investment performance will be a blended benchmark based on its target asset allocation. In pursuing these objectives, the Organization intends to select investment managers who are rigorous in the disciplines they utilize to produce returns at acceptable levels of risk and who avoid speculation explained or rationalized by short-term financial trends or momentum in specific economic sectors. Distribution of fund earnings to the operating budget is based on the spending policy and is managed on a total return basis. In most years, distributions comprise interest and dividends plus some appreciation. The Finance Committee plans for these distributions to avoid the necessity of liquidating investments at an unfavorable time. The fund shall be invested primarily in liquid securities, including equity and fixed income securities and commingled investment funds. Part XI, Line 2d - Other Adjustments: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS -21,711. X X X X X X 1 eidolon communications 15 maiden lane suite 1401 new york NY 10038 DIRECT MAIL 0 1162519 237716 924803 Donor Services Group LLC 6715 W Sunset Blvd Los Angeles CA 90028 Telemarketing 0 31237 59611 -28374 1193756 297327 896429 AL AK AR CA CT DC CO FL GA HI IL KS KY LA ME MD MA MI MN MS NV NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI MO TX X X 0 0 0 0 0 0 0 0 0 Susan Sink VP of Development 206188 0 0 0 0 0 10466 0 11207 0 227861 0 0 0 James Daukas VP of Operations 154062 0 0 0 0 0 8425 0 31173 0 193660 0 0 0 John Larson VP of Programs 130480 0 4600 0 0 0 0 0 21350 0 156430 0 0 0 Julia Freedgood Asst VP of Programs 123947 0 0 0 0 0 6551 0 19538 0 150036 0 0 0 Alice Sorensen Asst VP of Programs & Dir of Researc 137974 0 0 0 0 0 7204 0 13468 0 158646 0 0 0 Edward Thompson CA State Director 137626 0 0 0 0 0 6958 0 24630 0 169214 0 0 0 RICK MONK assistant secretary to aft and counsel for kalbian hagerty 92475 Mr. Monk is Assistant Secretary of AFT, and is also counsel at Kalbian Hagerty, a law firm held on retainer by AFT. During the year, Kalbian Hagerty provided services to AFT, of which 79% were provided by Mr. Monk. 0 Form 990, Part VI, Section B, line 11 The information in the 990 is prepared by Tate and Tryon, then reviewed and verified by the Director of Finance and Administration. The 990 is also distributed to American Farmland Trust's Audit Committee as well as the entire board for review prior to filing. Form 990, Part VI, Section B, line 12c Board members submit a conflict of interest statement on an annual basis following the fall board meeting. The statements are sent to the AFT General counsel for review. Any conflicts are reported to AFT. All employees are notified annually of the conflict of interest policy and are required to report any conflict to the general counsel. Form 990, Part VI, Section B, line 15 The Board of Directors has delegated responsibility to the Executive Committee for approving any compensation arrangements with disqualified persons as defined under the Internal Revenue Code (generally senior management, persons who, at any time during the prior 5-years, were in a position to exercise substantial influence over the affairs of the organization or persons related). The Committee functions as de facto compensation committee in addition to its other responsibilities. The Committee is comprised of outside, disinterested directors who possess the business experience and knowledge necessary to review and evaluate the comparability of compensation data obtained for the Committee. The Committee determines which AFT employees or contractors should be considered "disqualified persons" (in addition to the list of personnel who are per se disqualified) whose compensation should be subject to approval. Also, the Committee evaluates and approves the compensation arrangements entered into by AFT with all disqualified persons. (These include all compensation and benefits, including sales or other transfers of property.) The Committee generally utilizes information from standard compensation surveys in conducting its evaluation. The Committee documents its proceedings with written records, setting forth the terms of the compensation arrangements approved and the date they were approved. The records include the names of the Committee members present and who voted; the comparability data obtained and relied upon by the Committee; how the data was obtained; and the actions taken with respect to consideration of compensation transactions by anyone who is otherwise a member of the Committee, but who had a conflict of interest with respect to the transaction or arrangement. This documentation is prepared by the later of (a) the next meeting of the Committee occurring after the decision is made or (b) the date 60 days after the date of approval. Form 990, Part VI, Section C, line 19 The organization's financial statements and Form 990 are available on our website or by written request. The governing documents and conflict of interest policy are available upon written request. Form 990, Part IX, line 11g Consultants/Temps: Program service expenses 1,688,601. Management and general expenses 161,692. Fundraising expenses 0. Total expenses 1,850,293. Form 990, Part XI, line 9: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS -21,711. FORM 990, PART XII, LINE 2C: THE AUDIT OVERSIGHT PROCESS HAS REMAINED UNCHANGED FROM THE PREVIOUS YEAR.