2016-05-14T11:02:05-05:00 2015-12-31 560574444 CHERRY BEKAERT LLP 3 Bethesda Metro Ctr Ste 600 Bethesda MD 20814 990 2015-01-01 521388917 THE CONSERVATION FUND A NONPROFIT CORPORATION CONS 7035256300 1655 N FORT MYER DRIVE No 1300 ARLINGTON VA 222093199 DAVID PHILLIPS JR TREASURER 7035256300 2016-05-13 1 J SCOTT DENLINGER P00740770 3019513636 2015 2016-09-27 15:27:22Z DAVID PHILLIPS JR 1655 N FORT MYER DR ARLINGTON VA 22209 223245147 0 X WWW.CONSERVATIONFUND.ORG X 1985 MD SEE SCHEDULE O. 15 15 169 1 0 0 139072979 124075769 102675391 90762036 795146 220002 69479 38659 242612995 215096466 3046886 24394403 0 0 17433593 18833051 0 0 2144456 182604601 136258023 203085080 179485477 39527915 35610989 696636580 717760621 185143472 170656524 511493108 547104097 SEE SCHEDULE O. 0 0 174530077 24394403 90762036 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, to training through the Conservation Leadership Network, to our work on food sustainability at the Freshwater Institute,and creating opportunities that preserve the rural landscape with our Resourceful Communities Program,and many more. 174530077 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 1 0 1 1 0 0 0 1 0 0 0 1 352 0 1 169 1 0 0 0 0 0 0 1 10 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 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 TODD J CARTER DIRECTOR 3.00 X 0 0 0 THRUSTON B MORTON III DIRECTOR 3.00 X 0 0 0 STEPHEN A ELBERT DIRECTOR 3.00 X 0 0 0 R MICHAEL LEONARD CHAIRMAN 3.00 X 0 0 0 PAUL E HAGEN DIRECTOR 3.00 X 0 0 0 LUIS DE LA GARZA DIRECTOR 3.00 X 0 0 0 LAWRENCE A SELZER PRESIDENT & CEO 36.50 1.00 X 480674 0 55266 KAY KELLEY ARNOLD DIRECTOR 3.00 X 0 0 0 JOHN WINTHROP JR VICE CHAIRMAN 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 JAMES A JOSEPH DIRECTOR 3.00 X 0 0 0 GEORGINA A MORENO DIRECTOR 3.00 X 0 0 0 G WILSON HUGHES DIRECTOR 3.00 X 0 0 0 CHARLES R CHERINGTON DIRECTOR 3.00 X 0 0 0 C PORTER SCHUTT III DIRECTOR 3.00 X 0 0 0 WILLIAM ALLEN VICE PRESIDENT 37.50 X 125137 0 25615 THOMAS DUFFUS VICE PRESIDENT 37.50 X 161532 0 15480 SYDNEY S MACY SENIOR VICE PRESIDENT 37.50 X 236684 0 45456 SCOTT TISON BOARD ASSIT SECY 36.50 1.00 X 106535 0 18139 ROBERT MURPHY SENIOR VP 37.50 X 213984 0 39256 RICHARD L ERDMANN EXECUTIVE VICE PRESIDENT 34.50 3.00 X 369848 0 54856 PAUL F HURT ASST SECRETARY & DEPUTY GC 36.50 1.00 X 220384 0 39348 MICHELE J SAGER VICE PRESIDENT 34.50 3.00 X 162484 0 37546 MATTHEW S SEXTON SENIOR VICE PRESIDENT 37.50 X 221860 0 39616 MARK W ELSBREE SENIOR VICE PRESIDENT 37.50 X 220352 0 41956 MARGARET MCCANTS CORPORATE SECRETARY 37.50 X 115662 0 18177 KRIS HOELLEN SENIOR VICE PRESIDENT 37.50 X 189010 0 33207 KELLY REED VICE PREDISENT 37.50 X 145216 0 19533 JOSEPH A HANKINS VICE PRESIDENT 36.50 1.00 X 186032 0 26727 JODI R O'DAY VICE PRESIDENT 34.50 3.00 X 214732 0 26782 JENA MEREDITH VICE PRESIDENT 37.50 X 124346 0 33283 EVAN H SMITH SENIOR VICE PRESIDENT 37.50 X 181854 0 41727 ERIK J MEYERS VICE PRESIDENT 34.50 3.00 X 198848 0 25127 ELIZABETH ENGLE BOARD ASST SECRETARY 36.50 1.00 X 160040 0 36216 DEAN H CANNON SENIOR VP/GENERAL COUNSEL 36.50 1.00 X 251615 0 16125 DAVID K PHILLIPS JR EXECUTIVE VP AND CFO 31.50 6.00 X 312232 0 44386 BRIAN DANGLER VICE PRESIDENT 37.50 X 153843 0 36724 BLAINE T PHILLIPS JR SENIOR VICE PRESIDENT 37.50 X 210252 0 39496 BETH ANN BURNS BOARD ASSIT SECY 37.50 X 99848 0 16977 ALISA BORLAND VICE PRESIDENT 37.50 X 154240 0 38206 WILLIAM HOLMAN NORTH CAROLINA DIRECTOR 37.50 X 151332 0 22309 STEVEN SUMMERFELT DIRECTOR OF AQUASYS RESEAR 37.50 X 176952 0 39446 SCOTT FERGUSON PROGRAM DIRECTOR 37.50 X 159284 0 39086 PATRICK NOONAN CHAIRMAN EMERITUS 37.50 X 186144 0 38716 CHRIS KELLY PROGRAM DIRECTOR 37.50 X 187784 0 38066 BRIAN VINCI DIRECTOR ENVIR ENG SERVICE 37.50 X 149060 0 21487 6227800 0 1064337 32 0 1 0 ENVIRONMENTAL WORKS 1455 E CHESTNUT EXPRESSWAY SPRINGFIELD MO 65802 CONTRACTOR 728707 CHESAPEAKE CONSERVANCY 716 GIDDINGS AVENUE SUITE 42 ANNAPOLIS MD 21401 CONTRACTOR 302000 ED CASTRO LANDSCAPE 1125 OLD ELLIS ROAD ROSWELL GA 30076 CONTRACTOR 247025 JERRY FANT 5857 WILLOW WAY ROSAMOND CA 93560 CONTRACTOR 230217 LEIDOS PO BOX 223058 PITTSBURGh PA 15251 CONTRACTOR 221603 18 127009 9723802 114224958 124075769 SALE OF DEMO PROJECTS 531390 70064384 70064384 CONTRACT INCOME 531390 18711827 18711827 INT INC-DEMO PROJECTS 531390 1347293 1347293 RENT/LEASE INCOME 531390 516927 516927 REGISTRATION INCOME 531390 106716 106716 14889 14889 90762036 395197 395197 7973486 8148681 -175195 -175195 -175195 MISCELLANEOUS INCOME 900099 38659 38659 38659 215096466 90800695 0 220002 24394403 24394403 6852450 5911659 569771 371020 8599165 7669433 562168 367564 698344 353232 209909 135203 1714741 1587123 77152 50466 968351 896214 43580 28557 14264 13557 201 506 406818 381617 11997 13204 130150 122088 3838 4224 105353 97381 4906 3066 15414631 14416868 503962 493801 1212959 1070874 81371 60714 221445 204819 10095 6531 1288681 942171 210961 135549 1290352 1152788 80937 56627 230929 213470 10697 6762 1092049 850330 135504 106215 143539 72631 43129 27779 391970 292799 60095 39076 BK VAL-LAND TRANSFERRED 96413746 96413746 EXTERNAL TRANSFER 10953164 10953164 ACQUISITIONS & PROGRAM 2917417 2767948 47140 102329 BAD DEBT EXPENSE 1342589 1241014 62493 39082 2687967 2510748 81038 96181 179485477 174530077 2810944 2144456 153118402 153899583 943093 364067 1946927 2243850 218460 605373 2788528 1774103 1086658 1014425 18862411 18928026 47659356 56758677 472801273 483946620 696636580 717760621 6040506 14514831 94182177 83140824 65249751 72308993 19671038 691876 185143472 170656524 X 288831085 282291424 133040142 169610665 89621881 95202008 511493108 547104097 696636580 717760621 35610989 0 X 0 1 X 1 1 1 X 118988923 110117995 80794204 139072978 124075769 573049869 118988923 110117995 80794204 139072978 124075769 573049869 91739373 481310496 667646 544198 420135 385047 395197 2412223 575462092 448639122 0.83640 0.85420 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 25500 466071 491571 178993906 179485477 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 397289 402990 404167 491571 1696017 250000 250000 250000 250000 1000000 1500000 55000 62500 115380 25500 258380 X X X 11 59820.46 8 6 1 457.00 31584 1 1146000 -14000 1132000 1088000 58000 1146000 1000000 88000 1088000 1000000 1000000 0 0 1685442 987807 697635 1103086 786296 316790 1014425 CONSERVATION NOTES RECEIVABLE 56758677 C 56758677 DEMO PRJCTS--LAND & EASEMENTS 481872094 DUE FROM SUSTAINABLE CONSERVATION, INC. 999526 INVESTMENTS IN PARTNERSHIP 1075000 483946620 AMOUNTS DUE OTHER NONPROFIT ORGS. 85600 DEPOSITS HELD 114965 DEFERRED RENT 491311 691876 X 215096466 0 215096466 0 215096466 179485477 0 179485477 0 179485477 Part II, Line 3: Conservation Easements are classified as other assets--Demonstration Projects--"Land and Easements held for general purposes" on the balance sheet. Easements are acquired by gift or purchases and are valued at the appraised value when acquired. 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". The book value of the easement and transaction costs incurred with the transfer are shown as program service expenses under the caption "book value of land sold." 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: Conservation Easements are classified as other assets--Demonstration Projects--"Land and Easements held for general purposes" on the balance sheet. Easements are acquired by gift or purchases and are valued at the appraised value when acquired. 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". The book value of the easement and transaction costs incurred with the transfer are shown as program service expenses under the caption "book value of land sold." 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 13 NOTES OUTSTANDING AT 12/31/15 TOTALING $84,337,000. THE NOTES HAVE VARIOUS INTEREST RATES AND MATURITY DATES, WITH THE LATEST NOTE MATURING IN 2029. 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 MANTA CONSULTING INC 316 MID VLLEY CTR 190 CARMEL CA 93923 N/a 10000 Sponsorship of Fish 2.0 Alderson Community Food Hub PO Box 98 ALDERON WV 24910 452576670 n/a 7050 For the Transporting Healthy Food Grant Program through CSX Dallas Safari Club 13709 Gamma Road Dallas TX 75244 510157792 501(c)(3) 12500 2016 Exclusive Life Member Breakfast Sponsorship Town of Thomaston PO Box 276 Thomaston AL 36783 636004491 501(c)(3) 10000 For the Transporting Healthy Food Grant Program through CSX LAKE COUNTY PARK & RECREATION DEPARTMENT 8411 EAST LINCOLN HIGHWAY CROWN POINT IN 46307 356000168 501(c)(3) 144250 To assist in acquisition costs Washtenaw County Park & Recreation Commission PO Box 8645 Ann ARBOR MI 48107 386004894 501(c)(3) 369809 To assist in acquisition costs Michigan Audubon PO Box 15249 Lansing MI 48901 381686621 501(c)(3) 83000 To assist in acquisition costs MICHIGAN DEPARTMENT OF NATURAL RESOURCES PO BOX 30028 LANSING MI 48909 381686623 501(c)(3) 1000000 Pass-through from Flanagan South Pipelin Mitigation Work Wyoming Stock Growers Agricultural Land Trust 113 E 20th Street Cheyenne WY 82003 836047954 501(c)(3) 20000 For stewardship endowment Wyoming Stock Growers Agricultural Land Trust 113 E 20th Street Cheyenne WY 82003 836047954 501(c)(3) 22500 For stewardship endowment Wyoming Stock Growers Agricultural Land Trust 113 E 20th Street Cheyenne WY 82003 836047954 501(c)(3) 22500 For stewardship endowment The Nature Conservancy 258 Main Street Suite 200 Lander WY 82520 530242652 501(c)(3) 340000 To assist in acquisition costs The Nature ConservancyOklahoma Chapter 408 NW 7th Street Oklahoma City OK 73102 530242652 501(c)(3) 750000 To assist in acquisition costs Wyoming County Conservation District 21 Hollowcrest Road Tunkhannock PA 18657 232199560 501(c)(3) 97049 For the Atlantic Sunrise Environmental Stewardship Grant Program through Wil A Step Forward Inc 1332 EAST ACARDIA ROAD RIEGELWOOD NC 28456 270234505 501(c)(3) 9000 To advocate for sustainable development through CNEF Trees NC PO Box 1567 Asheboro NC 27204 202192115 501(c)(3) 6000 To advocate for sustainable development through CNEF Working Landscapes 108 S Main Street Warrenton NC 27589 272082921 501(c)(3) 10000 To advocate for sustainable development through CNEF Wood River Land Trust 119 E Bullion Street Hailey ID 83333 820474191 501(c)(3) 14000 For protecting Idaho's Pioneer Mountains and Craters of the Moon landscape Williamson Health and Wellness Center PO Box 2080 Williamson WV 25661 452849701 501(c)(3) 20000 For the Increasing Healthy Food Access Program through CSX West Virginia Community Development Hub 103 Adams Street Suite 200 Fairmont WV 26554 200022399 501(c)(3) 5000 For the Increasing Healthy Food Access Program through CSX Ware Creek Community Development Program Inc 2144 Maules Point Rd Blounts CREEK NC 27814 561649364 501(c)(3) 13000 To advocate for sustainable development through CNEF University of Florida PO Box 113001 Gainsville FL 32611 590974739 501(c)(3) 19912 Subgrant for the Big Bend Seed Grants through Mellon United Church of Christ FA for Franklinton Center at Bricks PO Box 220 Whitakers NC 27891 131957221 501(c)(3) 12000 To advocate for sustainable development through CNEF Trout Unlimited 10 E Main Street Suite 3 Lock HAVEN PA 17745 232932250 501(c)(3) 25000 For the Atlantic Sunrise Environmental Stewardship Grant Program through Wil Trout Unlimited 300 North Main Street Hailey ID 83333 232932250 501(c)(3) 8000 For protecting Idaho's Pioneer Mountains and Craters of the Moon landscape Town of Garysburg PO BOX 278 GARYSBURG NC 27831 566197856 501(c)(3) 10000 To advocate for sustainable development through CNEF National Audubon Society 225 VARICK STREET NEW YORK NY 10014 131624102 501(c)(3) 12500 2015 Gala Dinner Tranz Center 805 WESTVIEW COURT GOLDSBORO NC 27530 954894449 501(c)(3) 9000 To advocate for sustainable development through CNEF NC Catch P O BOX 1000 MANTEO NC 27954 455213141 501(c)(3) 10000 To advocate for sustainable development through CNEF INDIANA DEPARTMENT OF NATURAL RESOURCES 402 WEST WASHINGTON ST W273 INDIANAPOLIS IN 46204 356000158 501(c)(3) 80991 To assist in acquisition costs West Virginia University Foundation One Waterfront Place 7th Floor Morgantown WV 26507 556017181 501(c)(3) 25000 For the Increasing Healthy Food Access Program through CSX The Nature Conservancy 1007 LEAVENWORTH STREET OMAHA NE 68102 530242652 501(c)(3) 41443 Grant for land restoration project The Nature Conservancy 10425 SOUTH 82ND EAST AVENUE SUITE 104 TULSA OK 74133 530242652 501(c)(3) 239820 To assist in acquisition costs The Nature Conservancy 116 1ST AVENUE NORTH HAILEY ID 83333 530242652 501(c)(3) 14000 For protecting Idaho's Pioneer Mountains and Craters of the Moon landscape Stecoah Valley Arts Crafts and Educational Center Inc 121 SCHOOLHOUSE ROAD ROBBINSVILLE NC 28771 561935344 501(c)(3) 10000 To advocate for sustainable development through CNEF Smoky Mountain Native Plants Association PO BOX 761 ROBBINSVILLE NC 28771 141837747 501(c)(3) 7500 To advocate for sustainable development through CNEF Shirley Heinze Land Trust Inc 444 BARKER ROAD MICHIGAN city IN 46360 352153969 501(c)(3) 130928 Support the Moraine Reforestation and Forest Enahancement Project Second Harvest Food Bank 331 Great Circle road Nashville TN 37080 621049447 501(c)(3) 10000 For the Transporting Healthy Food Grant Program through CSX Sandhills Family Heritage Association PO BOX 404 SPRING lake NC 28390 562243711 501(c)(3) 10000 To advocate for sustainable development through CNEF Salem Presbytery PO BOX 273 WOODLEAF NC 27054 320128329 501(c)(3) 10000 To advocate for sustainable development through CNEF Red Bay Stronghold Foundation 1316 Se Summit Trl Stuart FL 34997 651139780 501(c)(3) 5500 To assist with land monitoring costs WILDLIFE MANAGEMENT INSTITUTE PO BOX 215N CABOT VT 05647 530196629 501(c)(3) 5500 Sponsorship of 2015 and 2016 North America Conference Trust for Public Land 101 Montgomery St Suite 900 San FRANSCISCO CA 94104 237222333 501(c)(3) 4367069 Grant to assist in acquisition costs. Partners in Ministry PO BOX 1621 LAURINBURG NC 28353 261588298 501(c)(3) 10000 Grant to advocate for sustainable development through CNEF. Pamlico-Tar River Foundation 108 GLADDEN STREET WASHINGTON NC 27889 581475258 501(c)(3) 12500 Grant to advocate for sustainable development through CNEF. The Outdoor Foundation 4909 PEARLS EAST CIRCLE SUITE 300 BOULDER CO 80301 841549065 501(c)(3) 45000 Support of Outdoor Nation Program The Outdoor Foundation 4909 PEARLS EAST CIRCLE SUITE 300 BOULDER CO 80301 841549065 501(c)(3) 15000 Support of the Campus Ambassador Program Orange County Partnership for Young Children 120 PROVIDENCE ROAD CHAPEL HILL NC 27514 561844192 501(c)(3) 7500 To advocate for sustainable development through CNEF NC Public Health Foundation PO BOX 18763 RALEIGH NC 17619 470921425 501(c)(3) 10000 To advocate for sustainable development through CNEF NC Folklife Institute 1563 RIVERSIDE DRIVE HILLSBOROUGH NC 27278 237419292 501(c)(3) 7500 To advocate for sustainable development through CNEF NC Field Inc PO BOX 121 KINSTON NC 28502 274618713 501(c)(3) 7000 To advocate for sustainable development through CNEF Town of Snow Hill FA for Greeen County Master Gardeners Association 214 SE 4TH STREET SNOW HILL NC 28580 566001336 501(c)(3) 8200 Grant to advocate for sustainable development through CNEF. McIntosh SEED PO BOX 2355 DARIEN GA 31305 582556194 501(c)(3) 10000 For the Transporting Healthy Food Grant Program through CSX The Trust for Tomorrow PO BOX 145 FAIRFILED NC 27826 264815517 501(c)(3) 6500 Support the Arabia Bay Wetland Restoration Project Rocky Mountain Elk Foundation 5705 Grant Creek Rd Missoula MT 59808 810421425 501(c)(3) 20000 For stewardship endowment Millcreek Preservation Association PO BOX 300 BirdinHand PA 17505 201623132 501(c)(3) 324000 For the Atlantic Sunrise Environmental Stewardship Grant Program through Wil Delaware Wild Lands Inc 315 Main Street Odessa DE 19730 510101678 501(c)(3) 9715000 To assist in acquisition costs Levy County Board of Commission PO Box 310 Bronson FL 32621 596000717 501(c)(3) 20000 Subgrant for the Big Bend Seed Grants through Mellon Land Trust Alliance 1660 L STREET NW SUITE 1100 WASHINGTON DC 20036 042751357 501(c)(3) 5750 Sponsorship of LTA SE Conference 2015, LTA Advocacy Day Reception, 2015 NY L The Escondido Creek Conservancy 104 W Grand Ave Suite C Escondido CA 92025 330497525 501(c)(3) 3600000 To assist in acquisition costs Island Press 2000 M ST NW SUITE 650 WASHINGTON DC 20036 942578166 501(c)(3) 10000 Sponsorship of the 2015 Conservation Finance Boot Camp Idaho Conservation League PO BOX 844 BOISE ID 83701 826042478 501(c)(3) 12000 For protecting Idaho's Pioneer Mountains and Craters of the Moon landscape Harnett Voices for Community and Leadership Development 126 ALEXANDER DRIVE LILINGTON NC 27546 582087049 501(c)(3) 8500 To advocate for sustainable development through CNEF HOPE of Winston-Salem Inc 844 GLEN ECHO TRAIL WINSTONSALEM NC 27106 463772491 501(c)(3) 9000 To advocate for sustainable development through CNEF growingchangeorg 716 WEST COVINGTON STREET LAURINBURG NC 28352 463148758 501(c)(3) 41500 To advocate for sustainable development through CNEF Green Rural Redevelopment Inc 424 HAMILTON STREET HENDERSON NC 27536 472429180 501(c)(3) 12500 To advocate for sustainable development through CNEF Donegal Chapter Trout Unlimited 809 Pinetree Way Lancaster PA 17601 232932250 501(c)(3) 52200 For the Atlantic Sunrice Environmental Stewardship Grant Program through Wil Caswell County Local Food Council PO BOX 1406 YANCEVILLE NC 27379 473406827 501(c)(3) 8000 To advocate for sustainable development through CNEF Gleaners Food Bank of Indiana Inc 3737 WALDERE AVENUE INDIANAPOLIS IN 46241 351483868 501(c)(3) 10000 For the Transporting Healthy Food Grant Program through CSX Food Pantries for the Capital District Inc 32 ESSEX STREET ALBANY NY 12206 141752164 501(c)(3) 10000 For the Transporting Healthy Food Grant Program through CSX Fish & Wildlife Foundation of Florida Inc PO Box 11010 Tallahassee FL 32302 593277808 501(c)(3) 15000 Subgrant for the Big Bend Seed Grants through Mellon Feeding America West Michigan 864 WEST RIVER CENTER DRIVE COMSTOCK PARK MI 49321 382439659 501(c)(3) 10000 For the Transporting Healthy Food Grant Program through CSX Feeding America Tampa Bay 4702 TRANSPORT DRIVE BUILDING 6 TAMPA FL 33605 592116576 501(c)(3) 10000 For the Transporting Healthy Food Grant Program through CSX Farm Share Inc 14125 SW 320TH STREET HOMESTEAD FL 33033 650342192 501(c)(3) 10000 For the Transporting Healthy Food Grant Program through CSX Faces Food Pantry Inc PO Box 644 Farmville VA 23901 541401031 501(c)(3) 10000 For the Transporting Healthy Food Grant Program through CSX Episcopal Diocese of Eastern Carolina FARMWORKER MINISTRY PO BOX 1336 KINSTON NC 28503 560552784 501(c)(3) 5000 To advocate for sustainable development through CNEF Elkland Art Center Inc 10279 THREE TOP ROAD TODD NC 28684 562048897 501(c)(3) 5000 To advocate for sustainable development through CNEF East Grand Health Center 201 Houlton Road Danforth ME 04424 010285920 501(c)(3) 20000 Subgrant for community work in East Grand, ME through the Sewall Foundation Conservation Trust for North Carolina 1028 WASHINGTON STREET RALEIGH NC 27605 581552188 501(c)(3) 6199 for the Americorps Member Cost Share Durham Economic Resource Center 904 NORTH ROXBORO STREET DURHAM NC 27701 263742480 501(c)(3) 5500 To advocate for sustainable development through CNEF and Gala Sponsorship EAST GRAND SCHOOL 31 HOULTON RD DANFORTH ME 04424 010285920 501(c)(3) 25000 Subgrant for community work in East Grand, ME through the Sewall Foundation Little Willie Center 807 WEST 5TH STREET GREENVILLE NC 27834 561715030 501(c)(3) 12500 To advocate for sustainable development through CNEF Conservation Foundation of Lancaster County 1383 Arcadia Road Suite 200 Lancaster PA 17601 651308216 501(c)(3) 145250 For the Atlantic Sunrice Environmental Stewardship Grant Program through Wil Men and Women United for Youth and Families CDC PO BOX 315 DELCO NC 28436 161770367 501(c)(3) 10000 To advocate for sustainable development through CNEF Duke University BOX 90335 DURHAM NC 27708 560532129 501(c)(3) 10000 Support Dr. Lydia Olander's research Conetoe Family Life Center 148 SOUTH WASHINGTON ST SUITE 105 ROCKY MOUNT NC 27801 562373189 501(c)(3) 10000 To advocate for sustainable development through CNEF Common Wealth Inc 1221 ELM STREET YOUNGSTOWN OH 44505 341517533 501(c)(3) 10000 For the Transporting Healthy Food Grant Program through CSX Colorado Open Lands Foundation 355 South Teller St Suite 210 Lakewood CO 80226 840566211 501(c)(3) 54000 For stewardship endowment College of Central Florida 3001 SW College Road Ocala FL 34474 596139037 501(c)(3) 11000 Subgrant for the Big Bend Seed Grants through Mellon Coalition for Healthier Eating PO BOX 30061 GREENVILE NC 27834 465645913 501(c)(3) 12000 To advocate for sustainable development through CNEF Clay County Communities Revitalization Assoc PO BOX 1533 HAYESVILLE NC 28904 562124396 501(c)(3) 10000 To advocate for sustainable development through CNEF City Harvest 6 East 32nd Street 5th floor New York NY 10016 133170676 501(c)(3) 10000 For the Transporting Healthy Food Grant Program through CSX Chesapeake Conservancy 716 GIDDINGS AVENUE SUITE 42 ANNAPOLIS MD 21401 262271377 501(c)(3) 302000 To support the John Smith Connector Trail Corridors/2015 Champions of the Ch Cedar Key Oystermen's Association PO Box 73 Cedar Key FL 32625 592430993 501(c)(3) 20000 Subgrant for the Big Bend Seed Grants through Mellon Chattanooga Area Food Bank 2009 CURTAIN POLE ROAD CHATTANOOGA TN 37406 620867645 501(c)(3) 10000 For the Transporting Healthy Food Grant Program through CSX Core Sound Waterfowl Museum & Heritage PO BOX 556 HARKERS ISLAND NC 28531 561776900 501(c)(3) 9000 To advocate for sustainable development through CNEF Lynchburg Grows 1339 Englewood Street Lynchburg VA 24501 200934133 501(c)(3) 6491 For the Transporting Healthy Food Grant Program through CSX Capital District Community Gardens dba Capital Roots 594 RIVER STREET TROY NY 12180 141596291 501(c)(3) 10000 For the Transporting Healthy Food Grant Program through CSX Brunswick Housing Opportunities Inc PO BOX 351 BOLOVIA NC 28422 261290930 501(c)(3) 5000 To advocate for sustainable development through CNEF Blue Springs- Hoke County CDC PO BOX 157 RAEFORD NC 28376 561941518 501(c)(3) 7000 To advocate for sustainable development through CNEF Blue Ridge Women in Agriculture PO BOX 67 BOONE NC 28607 342011588 501(c)(3) 10000 To advocate for sustainable development through CNEF Berea College CPO 2122/101 CHESTNUT STREET BEREA KY 40404 610444650 501(c)(3) 10000 For the Transporting Healthy Food Grant Program through CSX Be Global Incorporated PO BOX 461 PINETOPS NC 27864 262017349 501(c)(3) 10000 To advocate for sustainable development through CNEF Porter County Izaak Walton League of America 1773 Selo Dr Schererville IN 46375 361930035 501(c)(3) 166685 To assist in acquisition costs Anthracite Outdoor Adventure Area Authority PO Box 279 ShamokiN PA 17872 461183119 501(c)(3) 129813 For the Atlantic Sunrice Environmental Stewardship Grant Program through Wil American Birding Association 1618 W COLORADO AVENUE COLORADO SPRINGS CO 80904 742347314 501(c)(3) 8308 Dorian Anderson's Biking For Birds fundraising. Great Rivers Land Preservation Association Inc PO Box 821 Alton IL 62002 371309728 501(c)(3) 139471 Grant for land acquisition and restoration. Carolina Mountain Land Conservancy 847 CASE STREET HENDERSONVILLE NC 28792 566449365 501(c)(3) 11000 Sponsorship of "Balancing Nature with Commerce" workshop Gathering Waters Conservancy Inc 211 SOUTH PATERSON ST SUITE 270 MADISON WI 53703 391805090 501(c)(3) 5000 To strengthen Wisconsin's land trust community 107 2 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 321300 0 152900 0 6474 0 30500 0 24766 0 535940 0 0 0 WILLIAM ALLEN VICE PRESIDENT 111833 0 13100 0 204 0 11183 0 14432 0 150752 0 0 0 THOMAS DUFFUS VICE PRESIDENT 134400 0 26100 0 1032 0 13440 0 2040 0 177012 0 0 0 SYDNEY S MACY SENIOR VICE PRESIDENT 207400 0 27700 0 1584 0 20740 0 24716 0 282140 0 0 0 ROBERT MURPHY SENIOR VP 185400 0 27000 0 1584 0 17040 0 22216 0 253240 0 0 0 RICHARD L ERDMANN EXECUTIVE VICE PRESIDENT 247600 0 119200 0 3048 0 30720 0 24136 0 424704 0 0 0 PAUL F HURT ASST SECRETARY & DEPUTY GC 176100 0 42700 0 1584 0 17610 0 21738 0 259732 0 0 0 MICHELE J SAGER VICE PRESIDENT 141300 0 19600 0 1584 0 14130 0 23416 0 200030 0 0 0 MATTHEW S SEXTON SENIOR VICE PRESIDENT 172800 0 48700 0 360 0 17280 0 22336 0 261476 0 0 0 MARK W ELSBREE SENIOR VICE PRESIDENT 172800 0 47000 0 552 0 17280 0 24676 0 262308 0 0 0 KRIS HOELLEN SENIOR VICE PRESIDENT 151250 0 37400 0 360 0 15125 0 18082 0 222217 0 0 0 KELLY REED VICE PREDISENT 128800 0 16200 0 216 0 12880 0 6653 0 164749 0 0 0 JOSEPH A HANKINS VICE PRESIDENT 161500 0 23500 0 1032 0 16150 0 10577 0 212759 0 0 0 JODI R O'DAY VICE PRESIDENT 176100 0 37600 0 1032 0 17610 0 9172 0 241514 0 0 0 JENA MEREDITH VICE PRESIDENT 110667 0 13500 0 179 0 11067 0 22216 0 157629 0 0 0 EVAN H SMITH SENIOR VICE PRESIDENT 147114 0 34500 0 240 0 14711 0 27016 0 223581 0 0 0 ERIK J MEYERS VICE PRESIDENT 169500 0 26300 0 3048 0 16950 0 8177 0 223975 0 0 0 ELIZABETH ENGLE BOARD ASST SECRETARY 140000 0 19800 0 240 0 14000 0 22216 0 196256 0 0 0 DEAN H CANNON SENIOR VP/GENERAL COUNSEL 210583 0 40000 0 1032 0 13625 0 2500 0 267740 0 0 0 DAVID K PHILLIPS JR EXECUTIVE VP AND CFO 221700 0 89500 0 1032 0 22170 0 22216 0 356618 0 0 0 BRIAN DANGLER VICE PRESIDENT 130083 0 23400 0 360 0 13008 0 23716 0 190567 0 0 0 BLAINE T PHILLIPS JR SENIOR VICE PRESIDENT 172800 0 36900 0 552 0 17280 0 22216 0 249748 0 0 0 ALISA BORLAND VICE PRESIDENT 134400 0 19600 0 240 0 13440 0 24766 0 192446 0 0 0 WILLIAM HOLMAN NORTH CAROLINA DIRECTOR 137000 0 13300 0 1032 0 13700 0 8609 0 173641 0 0 0 STEVEN SUMMERFELT DIRECTOR OF AQUASYS RESEAR 148300 0 28100 0 552 0 14830 0 24616 0 216398 0 0 0 SCOTT FERGUSON PROGRAM DIRECTOR 143700 0 14000 0 1584 0 14370 0 24716 0 198370 0 0 0 PATRICK NOONAN CHAIRMAN EMERITUS 165000 0 15000 0 6144 0 16500 0 22216 0 224860 0 0 0 CHRIS KELLY PROGRAM DIRECTOR 158500 0 27700 0 1584 0 15850 0 22216 0 225850 0 0 0 BRIAN VINCI DIRECTOR ENVIR ENG SERVICE 133100 0 15600 0 360 0 13310 0 8177 0 170547 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 2012 BONUS PAID IN 2013 IS LISTED IN COLUMN BII "BONUS & INCENTIVE COMPENSATION. 2013 EMPLOYER PAID 403B CONTRIBUTION IS LISTED IN COLUMN "DEFERRED COMPENSATION". 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. SYDNEY MACY SENIOR VICE-PRES. 110000 MARRIED TO CONSULTANT OF THE CONSERVATION FUND 0 X 33 1375876 Sale price X 5 4270844 APPRAISAL 15 0 0 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 11 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 OFFICIALS. TCF'S GOVERNANCE COMITTEE APPROVES COMPENSATION AMOUNTS FOR THE PRESIDENT AND KEY OFFICIALS. Form 990, Part VI, Section C, line 19 THE CONSERVATION FUND'S ANNUAL REPORT, WHICH INCLUDES FINANCIAL SUMMARIES, IS POSTED ON THEIR WEBSITE. GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. NATURAL CAPITAL INVESTMENT FUND 1098 TURNER ROAD SHEPHERDSTOWN WV 25443 542058754 CONSERVATION BUSINESS DEVELOPMENT MD 501(C)3 Line 11a, I THE CONSERVATION FUND 0 SUSTAINABLE CONSERVATION INC 1655 N FORT MYER DR SUITE 1300 ARLINGTON VA 22209 621586798 CONSERVATION MD 501(C)3 Line 11a, I 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 11a, I SUSTAINABLE CONSERVATION INC 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 NATURAL CAPITAL INVESTMENT FUND D 2500000 nATURAL CAPITAL INVESTMENT FUND P 1218551