2014-05-15T12:39:13-05:00 2013-09-30 521855942 TATE & TRYON 2021 L ST NW SUITE 400 WASHINGTON DC 20036 990 2012-10-01 521190211 AMERICAN FARMLAND TRUST AMER 2023317300 1150 CONNECTICUT AVENUE NO 600 WASHINGTON DC 20036 ANDREW MCELWAINE 2023317300 2014-05-15 1 SUBRINA L WOOD P00365899 2022932200 2012 2015-11-30 17:44:51Z X ANDREW MCELWAINE 1150 CONNECTICUT AVENUE NO 600 WASHINGTON DC 20036 10450833 0 X WWW.FARMLAND.ORG X 1980 DC THE MISSION OF AMERICAN FARMLAND TRUST IS TO PROTECT FARMLAND, PROMOTE SOUND FARMING PRACTICES AND KEEP FARMERS ON THE LAND. 18 18 66 52 0 0 6250775 9565650 54790 94092 681750 681014 130739 110077 7118054 10450833 0 0 0 0 4426615 4112349 282057 306562 1959813 4064849 4684213 8773521 9103124 -1655467 1347709 22021602 26141544 970591 2039053 21051011 24102491 THE MISSION OF AMERICAN FARMLAND TRUST IS TO PROTECT FARMLAND, PROMOTE SOUND FARMING PRACTICES AND KEEP FARMERS ON THE LAND. 0 0 4750192 64697 'AFT'S GOAL IS TO PROTECT AMERICA'S FARMLAND FOR FUTURE GENERATIONS. THERE IS A COMPREHENSIVE PLAN TO MEET THIS GOAL, AND HELP GUARANTEE THE FUTURE OF AMERICA'S WORKING LANDS, VIA OUR THREE PRINCIPAL PROGRAMS: A. PROTECTING THE BEST LAND. AFT WILL WORK TO PERMANENTLY PROTECT WORKING FARMS AND RANCHES AND REDUCE THE CONVERSION OF WORKING LAND TO DEVELOPMENT. B. KEEPING THE LAND HEALTHY. AFT WILL WORK TO HELP FARMERS AND RANCHERS IMPROVE WATER QUALITY AND COMBAT CLIMATE CHANGE. C. KEEPING FARMERS ON THE LAND. AFT WILL WORK TO ENSURE THAT THE NEXT GENERATION OF FARMERS WHO WANT TO STAY ON THE LAND, AND MAKE THEIR LIVING FROM IT, HAVE THE OPPORTUNITY TO DO SO. 1488653 PUBLIC EDUCATION - PROVIDES INFORMATION ON FARMLAND ISSUES TO AFT MEMBERS. 459079 29395 COMMUNICATIONS AND MEDIA OUTREACH - DESIGNED TO EDUCATE AND ENGAGE THE PUBLIC ABOUT THE THREATS TO FARMLAND, THE AGING OF THE AMERICAN FARMER, THE IMPORTANCE OF BEGINNING FARMERS, THE QUALITY AND VALUE OF AMERICA'S FERTILE SOIL, AND THE IMPORTANCE OF FARMLAND AND FAMILY FARMERS TO OUR CULTURAL HERITAGE. 63264 63264 6761188 1 1 0 1 0 0 1 0 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 1 61 0 1 66 1 0 0 0 0 0 1 1 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 AZ 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 NO 600 WASHINGTON DC 20036 MIRANDA M KAISER 3.00 X X 0 0 0 BARTON THOMPSON 2.00 X X 0 0 0 WILLIAM COHAN 2.00 X X 0 0 0 ELIZABETH BECK 2.00 X 0 0 0 DANIEL SHAW 2.00 X 0 0 0 WILLIAM DELAUDER 2.00 X 0 0 0 DENNIS WOLFF 2.00 X 0 0 0 JOHN HARDIN 1.00 X 0 0 0 THOMAS GALLO 1.00 X 0 0 0 MEL COLEMAN JR 1.00 X 0 0 0 STEPHEN STRANAHAN 1.00 X 0 0 0 NANCY HIRSHBERG 1.00 X 0 0 0 LIBBY JONES 1.00 X 0 0 0 AG KAWAMURA 1.00 X 0 0 0 CRAIG MCNAMARA 1.00 X 0 0 0 TRUMAN SEMANS 1.00 X 0 0 0 LAURIE LANDEAU 1.00 X 0 0 0 GRANT WINTHROP 1.00 X 0 0 0 JON SCHOLL 35.00 X 251239 0 26006 ANDREW MCELWAINE 35.00 X 0 0 0 VICTORIA EDWARDS 35.00 X 156446 0 28612 KATHIE LWANGA 35.00 X 63069 0 9172 RICK MONK 18.00 X 0 0 0 JAMES DAUKAS 35.00 X 126504 0 23171 JULIA FREEDGOOD 35.00 X 141734 0 18296 SUSAN SINK 35.00 X 185118 0 17263 KATHERINE SMITH 35.00 X 118586 0 442 EDWARD THOMPSON 35.00 X 113610 0 19500 1156306 0 142462 8 0 1 0 PRODUCTION SOLUTIONS INC 1953 GALLOWS ROAD STE 600 VIENNA VA 221823988 DIRECT MAIL PRODUCTION 242635 THE ONE GROUP LLC 10611 OAKLYN DRIVE POTOMAC MD 20854 MARKETING/COMMMUNICATIONS 203178 EIDOLON COMMUNICATIONS 15 MAIDEN LANE SUITE 1401 NEW YORK NY 10038 DIRECT MAIL PRODUCTION 134200 THE RUSSELL GROUP INC 1919 SOUTH EADS STREET SUITE 103 ARLINGTON VA 22202 DIRECT LOBBYING SERVICES 115000 JOHN STIERNA 2600 WILEY TERRACE HAYMARKET VA 201691501 CONSERVATION POLICY DEVELOPMENT 111400 7 40923 1069820 8454907 47929 9565650 CONFERENCE INCOME 900004 64596 64596 CAUSE MARKETING 900004 22098 22098 ONLINE REVENUE 900004 7297 7297 PUBLICATION SALES 900004 101 101 94092 383357 383357 1684 1684 86804 0 86804 86804 86804 297657 0 297657 297657 297657 OTHER INCOME 900099 12981 12981 RECAPTURED EXPENSES 900099 6233 6233 LIST RENTAL INCOME 900099 2375 2375 21589 10450833 94092 0 791091 X 981039 730020 42441 208578 2049968 1470295 88685 490988 101800 75752 4404 21644 737903 549095 31923 156885 241639 179810 10454 51375 124744 90990 20140 13614 54111 36834 10309 6968 306562 306562 56993 56993 1411710 1046753 30140 334817 53435 45741 16 7678 1369137 1253252 7419 108466 84541 49376 13820 21345 657067 520408 80491 56168 324637 239335 16981 68321 55219 50460 1941 2818 48190 48190 34186 24135 5878 4173 NEWSLETTER & PUBLISHING 147842 135771 352 11719 FARMERS/BMP PAYMENTS 46085 46085 EQUIPMT/SOFTWARE & STOR 39555 28472 6261 4822 SUBGRANTS 36879 36879 139882 46542 10468 82872 9103124 6761188 382123 1959813 X 2061129 1488702 0 572427 207 207 971026 1233646 2680535 2563032 84986 85183 140721 109487 1100894 518863 95305 582031 2714645 3290230 14576061 17494308 758116 783420 22021602 26141544 650928 632297 6000 623513 313663 783243 970591 2039053 X 13366759 15891119 4645923 5173043 3038329 3038329 21051011 24102491 22021602 26141544 X 1347709 1708179 -4408 X 0 1 X 1 1 1 X 6636096 6844298 7882062 6250775 9565650 37178881 6636096 6844298 7882062 6250775 9565650 37178881 6844059 30334822 1474966 539445 453577 533256 471845 3473089 66675 52761 45348 37229 21589 223602 40875572 225612 0.74210 0.81110 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 12162 42478 54640 7031678 7086318 504316 126079 0 0 461658 456789 487732 504316 1910495 2865743 42400 38010 156554 54640 291604 115415 114197 121933 126079 477624 716436 9742 17794 8779 12162 48477 X X 115 44824.42 0 20 1 1436.00 102879 1 17290706 3590000 2360273 2456441 20784538 16396509 3138072 2243875 17290706 16935297 1250256 201200 1990244 16396509 13896383 2235000 1352872 548958 16935297 14551244 599325 1254186 13896383 0.82000 0.14620 0.03380 0 0 658343 164458 493885 442551 354405 88146 582031 MUTUAL FUNDS 17494308 F 17494308 SPLIT-INTEREST AGREEMENTS PAYABLE 272448 DEFERRED RENT AND LEASE INCENTIVES 510795 783243 X 12154604 1708179 -4408 1703771 10450833 0 10450833 9103124 0 9103124 0 9103124 EXPLANATION OF EASEMENTS ENFORCEMENT POLICIES: 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. DESCRIPTION OF HOW ORGANIZATION REPORTS CONSERVATION EASEMENTS: 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. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: 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. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM THE PAYMENT OF INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS CLASSIFIED AS OTHER THAN A PRIVATE FOUNDATION UNDER SECTION 509(A)(1) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND THEREFORE, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. AT A MINIMUM, THE TAX YEARS ENDING IN 2010 THROUGH 2013 ARE OPEN FOR EXAMINATION BY TAX AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -4,408. X X X X X X 1 EIDOLON COMMNICATIONS 15 MAIDEN LANE SUITE 1401 NEW YORK NY 10038 FUNDRAISING CONSULTING 0 1008262 200790 807472 SEA CHANGE DIRECT MARKETING 7409 BIRCH AVENUE TAKOMA PARK MD 20912 FUNDRAISING CONSULTING 0 122312 52598 69714 OTHER RECEIPTS 1150 CONNECTICUT AVENUE WASHINGTON DC 20036 VARIOUS ACTIVITES 0 117211 0 117211 PUBLIC INTEREST COMMUNICATIONS 7700 LEESBURG PIKE FALLS CHURCH VA 22043 FUNDRAISING CONSULTING 0 19065 18675 390 THE ONE GROUP 10611 OAKLYN DRIVE POTOMAC MD 20854 FUNDRAISING CONSULTING 0 0 34500 -34500 1266850 306563 960287 AL AK AZ AR CA CT FL GA HI IL KS KY ME MD MA MI MN MS NH NJ NM NY NC OH OK OR RI SC TN PA WV WI VA UT LA MO CO DC ND WA NV EXPLANATION OF FUNDRAISING PAYMENTS SCHEDULE G, PART I, LINE 2B, COLUMN (V) FOUR SEPARATE PROFESSIONAL FUNDRAISING ORGANIZATIONS EXECUTED DIFFERENT SERVICES OF THE OVERALL FUND RAISING STRATEGY THAT RESULTED IN TOTAL GROSS RECEIPTS OF $1,266,850. X X 0 0 0 0 0 0 0 0 0 JON SCHOLL 251239 0 0 0 0 0 12872 0 14734 0 278845 0 0 0 VICTORIA EDWARDS 156446 0 0 0 0 0 8431 0 21531 0 186408 0 0 0 JAMES DAUKAS 126504 0 0 0 0 0 6714 0 17937 0 151155 0 0 0 JULIA FREEDGOOD 141734 0 0 0 0 0 7323 0 12143 0 161200 0 0 0 SUSAN SINK 185118 0 0 0 0 0 5846 0 12467 0 203431 0 0 0 RICK MONK ASSISTANT SECRETARY TO AFT AND COUNSEL FOR KALBIAN HAGERTY 75480 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 74% WERE PROVIDED BY MR. MONK. 0 X 15 47929 0 0 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 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, PRIOR TO EACH YEAR'S WINTER BOARD MEETING, 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 PRIOR TO EACH YEAR'S WINTER BOARD MEETING, 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. OTHER FEES FORM 990, PART IX, LINE 11G CONSULTANTS/TEMPS: PROGRAM SERVICE EXPENSES 1,046,753. MANAGEMENT AND GENERAL EXPENSES 30,140. FUNDRAISING EXPENSES 334,817. TOTAL EXPENSES 1,411,710. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS -4,408.