﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.irs.gov/efile" returnVersion="2011v1.2">
  <ReturnHeader binaryAttachmentCount="0">
    <Timestamp>2012-11-15T16:08:58-06:00</Timestamp>
    <TaxPeriodEndDate>2011-12-31</TaxPeriodEndDate>
    <PreparerFirm>
      <EIN>943108253</EIN>
      <PreparerFirmBusinessName>
        <BusinessNameLine1>NOVOGRADAC &amp; COMPANY LLP</BusinessNameLine1>
      </PreparerFirmBusinessName>
      <PreparerFirmUSAddress>
        <AddressLine1>PO BOX 7833</AddressLine1>
        <City>SAN FRANCISCO</City>
        <State>CA</State>
        <ZIPCode>941207833</ZIPCode>
      </PreparerFirmUSAddress>
    </PreparerFirm>
    <ReturnType>990</ReturnType>
    <TaxPeriodBeginDate>2011-01-01</TaxPeriodBeginDate>
    <Filer>
      <EIN>680404767</EIN>
      <Name>
        <BusinessNameLine1>REDWOOD FOREST FOUNDATION INC</BusinessNameLine1>
      </Name>
      <NameControl>REDW</NameControl>
      <Phone>7078771192</Phone>
      <USAddress>
        <AddressLine1>PO BOX 12</AddressLine1>
        <City>MENDOCINO</City>
        <State>CA</State>
        <ZIPCode>95460</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>CANDACE SKARLATOS</Name>
      <Title>TREASURER &amp; CFO</Title>
      <Phone>7079846115</Phone>
      <DateSigned>2012-11-15</DateSigned>
      <AuthorizeThirdParty>1</AuthorizeThirdParty>
    </Officer>
    <Preparer>
      <Name>JON KRABBENSCHMIDT</Name>
      <PTIN>P00043491</PTIN>
      <Phone>4153568000</Phone>
    </Preparer>
    <TaxYear>2011</TaxYear>
    <BuildTS>2016-02-24 21:20:13Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCount="7">
    <IRS990 documentId="RetDoc1038000001" referenceDocumentId="RetDoc1044400001">
      <NameOfPrincipalOfficerPerson>CANDACE SKARLATOS</NameOfPrincipalOfficerPerson>
      <AddressPrincipalOfficerUS>
        <AddressLine1>PO BOX 12</AddressLine1>
        <City>MENDOCINO</City>
        <State>CA</State>
        <ZIPCode>95460</ZIPCode>
      </AddressPrincipalOfficerUS>
      <GrossReceipts>25286843</GrossReceipts>
      <GroupReturnForAffiliates>0</GroupReturnForAffiliates>
      <Organization501c3>X</Organization501c3>
      <WebSite>WWW.RFFI.ORG</WebSite>
      <TypeOfOrganizationCorporation>X</TypeOfOrganizationCorporation>
      <YearFormation>1998</YearFormation>
      <StateLegalDomicile>CA</StateLegalDomicile>
      <ActivityOrMissionDescription>THE SPECIFIC AND PRIMARY PURPOSE OF THIS ORGANIZATION IS TO PROMOTE AND DEVELOP ECOLOGICALLY AND ECONOMICALLY SUSTAINABLE FOREST RESOURCE MANAGEMENT IN THE COAST REDWOOD REGION OF CALIFORNIA.</ActivityOrMissionDescription>
      <NbrVotingMembersGoverningBody>6</NbrVotingMembersGoverningBody>
      <NbrIndependentVotingMembers>6</NbrIndependentVotingMembers>
      <TotalNbrEmployees>1</TotalNbrEmployees>
      <TotalNbrVolunteers>25</TotalNbrVolunteers>
      <TotalGrossUBI>0</TotalGrossUBI>
      <NetUnrelatedBusinessTxblIncome>0</NetUnrelatedBusinessTxblIncome>
      <ContributionsGrantsPriorYear>222541</ContributionsGrantsPriorYear>
      <ContributionsGrantsCurrentYear>52945</ContributionsGrantsCurrentYear>
      <ProgramServiceRevenuePriorYear>7776</ProgramServiceRevenuePriorYear>
      <ProgramServiceRevenueCY>19677375</ProgramServiceRevenueCY>
      <InvestmentIncomePriorYear>747</InvestmentIncomePriorYear>
      <InvestmentIncomeCurrentYear>3876048</InvestmentIncomeCurrentYear>
      <OtherRevenuePriorYear>359</OtherRevenuePriorYear>
      <OtherRevenueCurrentYear>0</OtherRevenueCurrentYear>
      <TotalRevenuePriorYear>231423</TotalRevenuePriorYear>
      <TotalRevenueCurrentYear>23606368</TotalRevenueCurrentYear>
      <GrantsAndSimilarAmntsPriorYear>0</GrantsAndSimilarAmntsPriorYear>
      <GrantsAndSimilarAmntsCY>0</GrantsAndSimilarAmntsCY>
      <BenefitsPaidToMembersPriorYear>0</BenefitsPaidToMembersPriorYear>
      <BenefitsPaidToMembersCY>0</BenefitsPaidToMembersCY>
      <SalariesEtcPriorYear>51388</SalariesEtcPriorYear>
      <SalariesEtcCurrentYear>21754</SalariesEtcCurrentYear>
      <TotalProfFundrsngExpPriorYear>0</TotalProfFundrsngExpPriorYear>
      <TotalProfFundrsngExpCY>0</TotalProfFundrsngExpCY>
      <TotalFundrsngExpCurrentYear>31651</TotalFundrsngExpCurrentYear>
      <OtherExpensePriorYear>354428</OtherExpensePriorYear>
      <OtherExpensesCurrentYear>7688948</OtherExpensesCurrentYear>
      <TotalExpensesPriorYear>405816</TotalExpensesPriorYear>
      <TotalExpensesCurrentYear>7710702</TotalExpensesCurrentYear>
      <RevenuesLessExpensesPriorYear>-174393</RevenuesLessExpensesPriorYear>
      <RevenuesLessExpensesCY>15895666</RevenuesLessExpensesCY>
      <TotalAssetsBOY>88323600</TotalAssetsBOY>
      <TotalAssetsEOY>86668355</TotalAssetsEOY>
      <TotalLiabilitiesBOY>88561310</TotalLiabilitiesBOY>
      <TotalLiabilitiesEOY>71010399</TotalLiabilitiesEOY>
      <NetAssetsOrFundBalancesBOY>-237710</NetAssetsOrFundBalancesBOY>
      <NetAssetsOrFundBalancesEOY>15657956</NetAssetsOrFundBalancesEOY>
      <MissionDescription>THE SPECIFIC AND PRIMARY PURPOSE OF THIS ORGANIZATION IS TO PROMOTE AND DEVELOP ECOLOGICALLY AND ECONOMICALLY SUSTAINABLE FOREST RESOURCE MANAGEMENT IN THE COAST REDWOOD REGION OF CALIFORNIA.</MissionDescription>
      <SignificantNewProgramServices>0</SignificantNewProgramServices>
      <SignificantChange>0</SignificantChange>
      <Expense>7654641</Expense>
      <Grants>52945</Grants>
      <Revenue>23552776</Revenue>
      <Description>THE FOUNDATION USES FOREST LAND TO ENSURE ECOLOGIC AND ECONOMIC MANAGEMENT OF FOREST RESOURCES IN ACCORDANCE WITH THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE. THIS IS FOR THE SOCIAL, ENVIRONMENTAL AND ECONOMIC BENEFIT OF ALL THE CITIZENS IN THE NORTHWESTERN CALIFORNIA REGION IN PERPETUITY, BY RETURNING NET PROFITS DIRECTLY BACK TO THE COMMUNITIES SERVED.</Description>
      <TotalProgramServiceExpense>7654641</TotalProgramServiceExpense>
      <DescribedIn501C3 referenceDocumentId="RetDoc1039100001">1</DescribedIn501C3>
      <ScheduleBRequired referenceDocumentId="RetDoc1234500001">1</ScheduleBRequired>
      <PoliticalActivities>0</PoliticalActivities>
      <LobbyingActivities>0</LobbyingActivities>
      <SubjectToProxyTax>0</SubjectToProxyTax>
      <DonorAdvisedFunds referenceDocumentId="RetDoc1040000001">0</DonorAdvisedFunds>
      <ConservationEasements referenceDocumentId="RetDoc1040000001">0</ConservationEasements>
      <CollectionsOfArt referenceDocumentId="RetDoc1040000001">0</CollectionsOfArt>
      <CreditCounseling referenceDocumentId="RetDoc1040000001">0</CreditCounseling>
      <TermOrPermanentEndowments referenceDocumentId="RetDoc1040000001">1</TermOrPermanentEndowments>
      <ReportLandBldgEquip referenceDocumentId="RetDoc1040000001">1</ReportLandBldgEquip>
      <ReportInvestOthSecurities referenceDocumentId="RetDoc1040000001">0</ReportInvestOthSecurities>
      <ReportProgRelInvest referenceDocumentId="RetDoc1040000001">0</ReportProgRelInvest>
      <ReportOtherAssets referenceDocumentId="RetDoc1040000001">0</ReportOtherAssets>
      <ReportOtherLiabilities referenceDocumentId="RetDoc1040000001">1</ReportOtherLiabilities>
      <ReportFin48Footnote referenceDocumentId="RetDoc1040000001">0</ReportFin48Footnote>
      <IndependentAuditFinancialStmt referenceDocumentId="RetDoc1040000001">0</IndependentAuditFinancialStmt>
      <ConsolidatedAuditFinancialStmt referenceDocumentId="RetDoc1040000001">0</ConsolidatedAuditFinancialStmt>
      <School>0</School>
      <ForeignOffice>0</ForeignOffice>
      <ForeignActivities>0</ForeignActivities>
      <MoreThan5000KToOrganizations>0</MoreThan5000KToOrganizations>
      <MoreThan5000KToIndividuals>0</MoreThan5000KToIndividuals>
      <ProfessionalFundraising referenceDocumentId="RetDoc1041200001">1</ProfessionalFundraising>
      <FundraisingActivities referenceDocumentId="RetDoc1041200001">0</FundraisingActivities>
      <Gaming referenceDocumentId="RetDoc1041200001">0</Gaming>
      <Hospital>0</Hospital>
      <GrantsToOrganizations>0</GrantsToOrganizations>
      <GrantsToIndividuals>0</GrantsToIndividuals>
      <ScheduleJRequired>0</ScheduleJRequired>
      <TaxExemptBonds>0</TaxExemptBonds>
      <ExcessBenefitTransaction>0</ExcessBenefitTransaction>
      <PriorExcessBenefitTransaction>0</PriorExcessBenefitTransaction>
      <LoanToOfficerOrDQP>0</LoanToOfficerOrDQP>
      <GrantToRelatedPerson>0</GrantToRelatedPerson>
      <BsnssRltnshpWithOrganization>0</BsnssRltnshpWithOrganization>
      <BsnssRltnshpThruFamilyMember>0</BsnssRltnshpThruFamilyMember>
      <OfficerEntityWithBsnssRltnshp>0</OfficerEntityWithBsnssRltnshp>
      <DeductibleNonCashContributions>0</DeductibleNonCashContributions>
      <DeductibleContributionsOfArt>0</DeductibleContributionsOfArt>
      <Terminated>0</Terminated>
      <PartialLiquidation>0</PartialLiquidation>
      <DisregardedEntity referenceDocumentId="RetDoc1043400001">1</DisregardedEntity>
      <RelatedEntity referenceDocumentId="RetDoc1043400001">0</RelatedEntity>
      <RelatedOrgControlledEntity>0</RelatedOrgControlledEntity>
      <TransactionRelatedEntity referenceDocumentId="RetDoc1043400001">0</TransactionRelatedEntity>
      <TransfersToExemptNonChrtblOrg referenceDocumentId="RetDoc1043400001">0</TransfersToExemptNonChrtblOrg>
      <ActivitiesConductedPartnership referenceDocumentId="RetDoc1043400001">0</ActivitiesConductedPartnership>
      <ScheduleORequired>1</ScheduleORequired>
      <NumberFormsTransmittedWith1096>0</NumberFormsTransmittedWith1096>
      <NumberW2GIncluded>0</NumberW2GIncluded>
      <NumberOfEmployees>1</NumberOfEmployees>
      <EmploymentTaxReturnsFiled>0</EmploymentTaxReturnsFiled>
      <UnrelatedBusinessIncome>0</UnrelatedBusinessIncome>
      <ForeignFinancialAccount>0</ForeignFinancialAccount>
      <ProhibitedTaxShelterTrans>0</ProhibitedTaxShelterTrans>
      <TaxablePartyNotification>0</TaxablePartyNotification>
      <NonDeductibleContributions>0</NonDeductibleContributions>
      <QuidProQuoContributions>0</QuidProQuoContributions>
      <Form8282PropertyDisposedOf>0</Form8282PropertyDisposedOf>
      <IndoorTanningServices>0</IndoorTanningServices>
      <InfoInScheduleOPartVI>X</InfoInScheduleOPartVI>
      <NbrVotingGoverningBodyMembers>6</NbrVotingGoverningBodyMembers>
      <NumberIndependentVotingMembers>6</NumberIndependentVotingMembers>
      <FamilyOrBusinessRelationship>0</FamilyOrBusinessRelationship>
      <DelegationOfManagementDuties>0</DelegationOfManagementDuties>
      <ChangesToOrganizingDocs>0</ChangesToOrganizingDocs>
      <MaterialDiversionOrMisuse>0</MaterialDiversionOrMisuse>
      <MembersOrStockholders>0</MembersOrStockholders>
      <ElectionOfBoardMembers>0</ElectionOfBoardMembers>
      <DecisionsSubjectToApproval>0</DecisionsSubjectToApproval>
      <MinutesOfGoverningBody>1</MinutesOfGoverningBody>
      <MinutesOfCommittees>1</MinutesOfCommittees>
      <OfficerMailingAddress>0</OfficerMailingAddress>
      <LocalChapters>0</LocalChapters>
      <Form990ProvidedToGoverningBody>1</Form990ProvidedToGoverningBody>
      <ConflictOfInterestPolicy>1</ConflictOfInterestPolicy>
      <AnnualDisclosureCoveredPersons>1</AnnualDisclosureCoveredPersons>
      <RegularMonitoringEnforcement>1</RegularMonitoringEnforcement>
      <WhistleblowerPolicy>0</WhistleblowerPolicy>
      <DocumentRetentionPolicy>1</DocumentRetentionPolicy>
      <CompensationProcessCEO>0</CompensationProcessCEO>
      <CompensationProcessOther>0</CompensationProcessOther>
      <InvestmentInJointVenture>0</InvestmentInJointVenture>
      <StatesWhereCopyOfReturnIsFiled>CA</StatesWhereCopyOfReturnIsFiled>
      <StatesWhereCopyOfReturnIsFiled>DE</StatesWhereCopyOfReturnIsFiled>
      <UponRequest>X</UponRequest>
      <TheBooksAreInCareOf>
        <NameBusiness>
          <BusinessNameLine1>CANDACE SKARLATOS</BusinessNameLine1>
        </NameBusiness>
        <TelephoneNumber>7078771192</TelephoneNumber>
        <AddressUS>
          <AddressLine1>PO BOX 12</AddressLine1>
          <City>MENDOCINO</City>
          <State>CA</State>
          <ZIPCode>95460</ZIPCode>
        </AddressUS>
      </TheBooksAreInCareOf>
      <NoListedPersonsCompensated>X</NoListedPersonsCompensated>
      <Form990PartVIISectionA>
        <NamePerson>KATHY MOXON</NamePerson>
        <Title>PRESIDENT</Title>
        <AverageHoursPerWeek>0.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <Officer>X</Officer>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>DONALD S KEMP</NamePerson>
        <Title>VICE-PRESIDENT</Title>
        <AverageHoursPerWeek>0.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <Officer>X</Officer>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>JOHN RODGERS</NamePerson>
        <Title>SECRETARY</Title>
        <AverageHoursPerWeek>0.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <Officer>X</Officer>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>CANDACE SKARLATOS</NamePerson>
        <Title>TREASURER &amp; CFO</Title>
        <AverageHoursPerWeek>0.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <Officer>X</Officer>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>JOSEPH EUPHRAT</NamePerson>
        <Title>DIRECTOR</Title>
        <AverageHoursPerWeek>0.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>GREG GIUSTI</NamePerson>
        <Title>EX-OFFICIO</Title>
        <AverageHoursPerWeek>0.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>PETE MATTSON</NamePerson>
        <Title>DIRECTOR</Title>
        <AverageHoursPerWeek>0.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>KENDALL SMITH</NamePerson>
        <Title>DIRECTOR</Title>
        <AverageHoursPerWeek>0.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>STEPHEN G SMITH</NamePerson>
        <Title>DIRECTOR</Title>
        <AverageHoursPerWeek>0.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>RICHARD GIENGER</NamePerson>
        <Title>DIRECTOR</Title>
        <AverageHoursPerWeek>0.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>HEIDI KNOTT GUNDLING</NamePerson>
        <Title>DIRECTOR</Title>
        <AverageHoursPerWeek>0.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <TotalReportableCompFromOrg>0</TotalReportableCompFromOrg>
      <TotalReportableCompFrmRltdOrgs>0</TotalReportableCompFrmRltdOrgs>
      <TotalOtherCompensation>0</TotalOtherCompensation>
      <NumberIndividualsGT100K>0</NumberIndividualsGT100K>
      <FormersListed>0</FormersListed>
      <TotalCompGT150K>0</TotalCompGT150K>
      <CompensationFromOtherSources>0</CompensationFromOtherSources>
      <ContractorCompensation>
        <NameOfContractor>
          <NameBusiness>
            <BusinessNameLine1>THE CAMPBELL GROUP LLC</BusinessNameLine1>
          </NameBusiness>
        </NameOfContractor>
        <AddressOfContractor>
          <AddressUS>
            <AddressLine1>ONE SW COLUMBIA SUITE 1700</AddressLine1>
            <City>PORTLAND</City>
            <State>OR</State>
            <ZIPCode>97258</ZIPCode>
          </AddressUS>
        </AddressOfContractor>
        <DescriptionOfServices>TIMBERLAND INVESTMENT ADVISORY FIRM</DescriptionOfServices>
        <Compensation>783547</Compensation>
      </ContractorCompensation>
      <NumberOfContractorsGT100K>1</NumberOfContractorsGT100K>
      <AllOtherContributions>52945</AllOtherContributions>
      <TotalContributions>52945</TotalContributions>
      <ProgramServiceRevenue>
        <Description>CONSERVATION EASEMENT</Description>
        <BusinessCode>813312</BusinessCode>
        <TotalRevenueColumn>19648342</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>19648342</RelatedOrExemptFunctionIncome>
      </ProgramServiceRevenue>
      <ProgramServiceRevenue>
        <Description>MENDO FUTURES PROGRAM</Description>
        <BusinessCode>813312</BusinessCode>
        <TotalRevenueColumn>29033</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>29033</RelatedOrExemptFunctionIncome>
      </ProgramServiceRevenue>
      <TotalProgramServiceRevenue>19677375</TotalProgramServiceRevenue>
      <InvestmentIncome>
        <TotalRevenueColumn>647</TotalRevenueColumn>
        <ExclusionAmount>647</ExclusionAmount>
      </InvestmentIncome>
      <GrossAmountSalesAssets>
        <Other>5555876</Other>
      </GrossAmountSalesAssets>
      <LessCostOthBasisSalesExpenses>
        <Other>1680475</Other>
      </LessCostOthBasisSalesExpenses>
      <GainOrLoss>
        <Other>3875401</Other>
      </GainOrLoss>
      <NetGainOrLossInvestments>
        <TotalRevenueColumn>3875401</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>3875401</RelatedOrExemptFunctionIncome>
      </NetGainOrLossInvestments>
      <TotalRevenue>
        <TotalRevenueColumn>23606368</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>23552776</RelatedOrExemptFunctionIncome>
        <UnrelatedBusinessRevenue>0</UnrelatedBusinessRevenue>
        <ExclusionAmount>647</ExclusionAmount>
      </TotalRevenue>
      <OtherSalariesAndWages>
        <Total>21754</Total>
        <ProgramServices>19579</ProgramServices>
        <ManagementAndGeneral>1740</ManagementAndGeneral>
        <Fundraising>435</Fundraising>
      </OtherSalariesAndWages>
      <FeesForServicesOther>
        <Total>168309</Total>
        <ProgramServices>128485</ProgramServices>
        <ManagementAndGeneral>11421</ManagementAndGeneral>
        <Fundraising>28403</Fundraising>
      </FeesForServicesOther>
      <Travel>
        <Total>8555</Total>
        <ProgramServices>8555</ProgramServices>
      </Travel>
      <Interest>
        <Total>5583365</Total>
        <ProgramServices>5583365</ProgramServices>
      </Interest>
      <DepreciationDepletion>
        <Total>20202</Total>
        <ProgramServices>20202</ProgramServices>
      </DepreciationDepletion>
      <Insurance>
        <Total>25526</Total>
        <ProgramServices>22973</ProgramServices>
        <ManagementAndGeneral>2042</ManagementAndGeneral>
        <Fundraising>511</Fundraising>
      </Insurance>
      <OtherExpenses>
        <Description>MANAGEMENT FEE</Description>
        <Total>783547</Total>
        <ProgramServices>783547</ProgramServices>
      </OtherExpenses>
      <OtherExpenses>
        <Description>FOREST MANAGEMENT</Description>
        <Total>621605</Total>
        <ProgramServices>621605</ProgramServices>
      </OtherExpenses>
      <OtherExpenses>
        <Description>COST OF SALES/HARVESTIN</Description>
        <Total>338910</Total>
        <ProgramServices>338910</ProgramServices>
      </OtherExpenses>
      <OtherExpenses>
        <Description>PROPERTY TAX &amp; LICENSES</Description>
        <Total>89865</Total>
        <ProgramServices>80879</ProgramServices>
        <ManagementAndGeneral>7189</ManagementAndGeneral>
        <Fundraising>1797</Fundraising>
      </OtherExpenses>
      <AllOtherExpenses>
        <Total>49064</Total>
        <ProgramServices>46541</ProgramServices>
        <ManagementAndGeneral>2018</ManagementAndGeneral>
        <Fundraising>505</Fundraising>
      </AllOtherExpenses>
      <TotalFunctionalExpenses>
        <Total>7710702</Total>
        <ProgramServices>7654641</ProgramServices>
        <ManagementAndGeneral>24410</ManagementAndGeneral>
        <Fundraising>31651</Fundraising>
      </TotalFunctionalExpenses>
      <CashNonInterestBearing>
        <BOY>22299</BOY>
        <EOY>38211</EOY>
      </CashNonInterestBearing>
      <SavingsAndTempCashInvestments>
        <BOY>295383</BOY>
        <EOY>317626</EOY>
      </SavingsAndTempCashInvestments>
      <AccountsReceivable>
        <BOY>9373</BOY>
      </AccountsReceivable>
      <PrepaidExpensesDeferredCharges>
        <BOY>21194</BOY>
        <EOY>24000</EOY>
      </PrepaidExpensesDeferredCharges>
      <LandBuildingsEquipmentBasis>86101125</LandBuildingsEquipmentBasis>
      <LandBldgEquipmentAccumDeprec>18594</LandBldgEquipmentAccumDeprec>
      <LandBuildingsEquipmentBasisNet>
        <BOY>87756075</BOY>
        <EOY>86082531</EOY>
      </LandBuildingsEquipmentBasisNet>
      <IntangibleAssets>
        <BOY>219276</BOY>
        <EOY>205987</EOY>
      </IntangibleAssets>
      <TotalAssets>
        <BOY>88323600</BOY>
        <EOY>86668355</EOY>
      </TotalAssets>
      <AccountsPayableAccruedExpenses>
        <BOY>104015</BOY>
        <EOY>110636</EOY>
      </AccountsPayableAccruedExpenses>
      <MortNotesPyblSecuredInvestProp>
        <BOY>88396086</BOY>
        <EOY>70839483</EOY>
      </MortNotesPyblSecuredInvestProp>
      <OtherLiabilities>
        <BOY>61209</BOY>
        <EOY>60280</EOY>
      </OtherLiabilities>
      <TotalLiabilities>
        <BOY>88561310</BOY>
        <EOY>71010399</EOY>
      </TotalLiabilities>
      <FollowSFAS117>X</FollowSFAS117>
      <UnrestrictedNetAssets>
        <BOY>-251757</BOY>
        <EOY>15629886</EOY>
      </UnrestrictedNetAssets>
      <TemporarilyRestrictedNetAssets>
        <BOY>12947</BOY>
        <EOY>26970</EOY>
      </TemporarilyRestrictedNetAssets>
      <PermanentlyRestrictedNetAssets>
        <BOY>1100</BOY>
        <EOY>1100</EOY>
      </PermanentlyRestrictedNetAssets>
      <TotalNetAssetsFundBalances>
        <BOY>-237710</BOY>
        <EOY>15657956</EOY>
      </TotalNetAssetsFundBalances>
      <TotalLiabNetAssetsFundBalances>
        <BOY>88323600</BOY>
        <EOY>86668355</EOY>
      </TotalLiabNetAssetsFundBalances>
      <ReconcilationRevenueExpenses>15895666</ReconcilationRevenueExpenses>
      <ReconcilationOtherChanges>0</ReconcilationOtherChanges>
      <MethodOfAccountingAccrual>X</MethodOfAccountingAccrual>
      <AccountantCompileOrReview>0</AccountantCompileOrReview>
      <FSAudited>0</FSAudited>
      <FederalGrantAuditRequired>0</FederalGrantAuditRequired>
    </IRS990>
    <IRS990ScheduleA documentId="RetDoc1039100001">
      <PubliclySupportedOrg170b1Avi>X</PubliclySupportedOrg170b1Avi>
      <GiftsGrantsContribReceived170>
        <CurrentTaxYearMinus4Years>60723</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>172442</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>169025</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>222541</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>43165</CurrentTaxYear>
        <Total>667896</Total>
      </GiftsGrantsContribReceived170>
      <Total170>
        <CurrentTaxYearMinus4Years>60723</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>172442</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>169025</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>222541</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>43165</CurrentTaxYear>
        <Total>667896</Total>
      </Total170>
      <PublicSupportTotal170>667896</PublicSupportTotal170>
      <GrossInvestmentIncome170>
        <CurrentTaxYearMinus4Years>7071</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>7851</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>1964</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>747</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>647</CurrentTaxYear>
        <Total>18280</Total>
      </GrossInvestmentIncome170>
      <NetUBI>
        <CurrentTaxYearMinus4Years>-28723</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>-833</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>-1074</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>359</CurrentTaxYearMinus1Year>
        <Total>-30271</Total>
      </NetUBI>
      <OtherIncome170>
        <CurrentTaxYearMinus2Years>1000</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>7776</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>38813</CurrentTaxYear>
        <Total>47589</Total>
      </OtherIncome170>
      <TotalSupport>703494</TotalSupport>
      <PublicSupportPertcentage170>0.94940</PublicSupportPertcentage170>
      <PublicSupportPertcentPriorYear>1.00000</PublicSupportPertcentPriorYear>
      <ThirtyThreePercntTestsCY170>X</ThirtyThreePercntTestsCY170>
    </IRS990ScheduleA>
    <IRS990ScheduleB documentId="RetDoc1234500001">
      <ContributorInfo>
        <ContributorNumber>RESTRICTED</ContributorNumber>
        <ContributorNameBusiness>
          <BusinessNameLine1>RESTRICTED</BusinessNameLine1>
        </ContributorNameBusiness>
        <ContributorAddressUS>
          <AddressLine1>RESTRICTED</AddressLine1>
          <AddressLine2>RESTRICTED</AddressLine2>
          <City>RESTRICTED</City>
          <State>RESTRICTED</State>
          <ZIPCode>RESTRICTED</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>RESTRICTED</AggregateContributions>
      </ContributorInfo>
    </IRS990ScheduleB>
    <IRS990ScheduleD documentId="RetDoc1040000001">
      <CurrentYear>
        <BeginningOfYearBalance>1100</BeginningOfYearBalance>
        <EndOfYearBalance>1100</EndOfYearBalance>
      </CurrentYear>
      <CurrentYearMinus1Year>
        <BeginningOfYearBalance>1100</BeginningOfYearBalance>
        <EndOfYearBalance>1100</EndOfYearBalance>
      </CurrentYearMinus1Year>
      <CurrentYearMinus2Years>
        <BeginningOfYearBalance>1000</BeginningOfYearBalance>
        <Contributions>100</Contributions>
        <EndOfYearBalance>1100</EndOfYearBalance>
      </CurrentYearMinus2Years>
      <CurrentYearMinus3Years>
        <Contributions>1000</Contributions>
        <EndOfYearBalance>1000</EndOfYearBalance>
      </CurrentYearMinus3Years>
      <PermanentEndowmentEOYBalance>1.00000</PermanentEndowmentEOYBalance>
      <EndowmentsHeldByUnrelatedOrgs>0</EndowmentsHeldByUnrelatedOrgs>
      <EndowmentsHeldByRelatedOrgs>0</EndowmentsHeldByRelatedOrgs>
      <Land>
        <OtherCostOrOtherBasis>8561059</OtherCostOrOtherBasis>
        <BookValue>8561059</BookValue>
      </Land>
      <OtherLandBuildings>
        <OtherCostOrOtherBasis>77540066</OtherCostOrOtherBasis>
        <Depreciation>18594</Depreciation>
        <BookValue>77521472</BookValue>
      </OtherLandBuildings>
      <TotalOfBookValueLandBuildings>86082531</TotalOfBookValueLandBuildings>
      <OtherLiabilities>
        <Description>ACCRUED LIABILITIES - USAL LLC</Description>
        <Amount>60280</Amount>
      </OtherLiabilities>
      <TotalOfAmounts>60280</TotalOfAmounts>
      <Form990ScheduleDPartXIV>
        <Identifier>DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS:</Identifier>
        <ReturnReference>PART V, LINE 4:</ReturnReference>
        <Explanation>THE REVENUE GENERATED FROM THE ENDOWMENT FUND WILL BE USED FOR ONGOING OPERATIONS OF THE ORGANIZATION.</Explanation>
      </Form990ScheduleDPartXIV>
    </IRS990ScheduleD>
    <IRS990ScheduleG documentId="RetDoc1041200001">
      <MailSolicitations>X</MailSolicitations>
      <EmailSolicitations>X</EmailSolicitations>
      <SolicitationOfNonGovtGrants>X</SolicitationOfNonGovtGrants>
      <SpecialFundraisingEvents>X</SpecialFundraisingEvents>
      <AgreementRefFundraising>0</AgreementRefFundraising>
    </IRS990ScheduleG>
    <IRS990ScheduleO documentId="RetDoc1044400001">
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION B, LINE 11</ReturnReference>
        <Explanation>FORM 990 IS REVIEWED BY PRESIDENT KATHY MOXON AND TREASURER/CFO CANDACE SKARLATOS BEFORE IT IS FILED. AFTER THE RETURN HAS BEEN FILED, THE TREASURER PROVIDES A COPY OF THE FINAL RETURN TO ALL BOARD MEMBERS VIA E-MAIL.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION B, LINE 12C</ReturnReference>
        <Explanation>ON AN ANNUAL BASIS, OFFICERS, DIRECTORS AND KEY EMPLOYEES ARE REQUIRED TO SIGN A FORM INDICATING WHETHER OR NOT THERE IS A CONFLICT OF INTEREST.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION C, LINE 19</ReturnReference>
        <Explanation>THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
    <IRS990ScheduleR documentId="RetDoc1043400001">
      <Form990ScheduleRPartI>
        <NameOfDisregardedEntity>
          <BusinessNameLine1>USAL REDWOOD FOREST COMPANY LLC</BusinessNameLine1>
        </NameOfDisregardedEntity>
        <AddressUS>
          <AddressLine1>PO BOX 12</AddressLine1>
          <City>MENDOCINO</City>
          <State>CA</State>
          <ZIPCode>95460</ZIPCode>
        </AddressUS>
        <EIN>010900999</EIN>
        <PrimaryActivities>TO SUPPORT THE PURPOSES OF REDWOOD FOREST FOUNDATION, INC</PrimaryActivities>
        <LegalDomicileState>DE</LegalDomicileState>
        <TotalIncome>19648509</TotalIncome>
        <EOYAssets>64748343</EOYAssets>
      </Form990ScheduleRPartI>
    </IRS990ScheduleR>
  </ReturnData>
</Return>