2023-10-25T09:56:30-05:00 2023-03-31 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 800N BETHESDA MD 208142930 990 2022-04-01 521436778 SOUTHERN ENVIRONMENTAL LAW CENTER SOUT 4349774090 120 GARRETT STREET 400 CHARLOTTESVILLE VA 22902 HOLLY HUESTON TREASURER 4349774090 2023-10-25 1 HOLLY HUESTON 999009999 0 RICHARD J LOCASTRO CPA P00288314 3019519090 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z DJ GERKEN 120 GARRETT STREET 400 CHARLOTTESVILLE VA 22902 75578366 0 X WWW.SOUTHERNENVIRONMENT.ORG X 1985 VA SEE PART III LINE 1. 29 28 226 54 0 0 47760793 45327569 138462 2034876 34918710 6106880 272 19719 82818237 53489044 32500 340500 0 0 22159047 25295186 0 0 3195444 10629063 14884297 32820610 40519983 49997627 12969061 217137686 213324163 15299417 15475548 201838269 197848615 X THE MISSION OF THE SOUTHERN ENVIRONMENTAL LAW CENTER IS TO PROTECT THE BASIC RIGHT TO CLEAN AIR, CLEAN WATER, AND A LIVABLE CLIMATE; TO PRESERVE OUR REGION'S NATURAL TREASURES AND RICH BIODIVERSITY; AND TO PROVIDE A HEALTHY ENVIRONMENT FOR ALL. 0 0 15110734 50000 ENERGY AND AIR: GOALS - TO PROMOTE AND SECURE A SUSTAINABLE ENERGY POLICY ACROSS THE SOUTHEAST THAT PROTECTS THE PEOPLE AND NATURAL RESOURCES OF THE REGION, ENHANCES THE ECONOMY, AND MINIMIZES THE HEALTH, ENVIRONMENTAL, AND ECONOMIC HARM OF ENERGY DEVELOPMENT AND AIR POLLUTION, INCLUDING GREENHOUSE GASES. IN PURSUIT OF THESE GOALS, SELC LITIGATES CASES TO REDUCE FOSSIL FUEL USE AND AIR POLLUTION, PROMOTE CLEAN ENERGY, AND REDUCE CONSUMERS' ENERGY BILLS AND TO ENFORCE EXISTING LAWS AND REGULATIONS. 8275080 2007001 WATER: GOALS - TO PROTECT AND RESTORE WATER QUALITY AND WATER FLOW TO ENSURE SURFACE AND GROUND WATERS IN OUR REGION CAN MEET LONG-TERM HUMAN AND ECOLOGICAL NEEDS. IN PURSUIT OF THESE GOALS, SELC LITIGATES CASES TO PROTECT DRINKING WATER AND WATERWAYS FROM POLLUTION AND TO ENFORCE EXISTING LAWS AND REGULATIONS. 4039379 COAST AND WETLANDS: GOALS - TO PROTECT AND PRESERVE THE WETLANDS AND HIGH PRIORITY COASTAL ECOSYSTEMS IN THE SOUTHEAST FOR THE BENEFIT OF WILDLIFE, MARINE LIFE, AND PEOPLE. IN PURSUIT OF THESE GOALS, SELC LITIGATES CASES TO PROTECT WETLANDS, WILDLIFE AND MARINE LIFE AND TO SAFEGUARD COMMUNITIES FROM FLOODING AND TO ENFORCE EXISTING LAWS AND REGULATIONS. 1888928 15000 NATIONAL FORESTS AND PARKS: GOALS - TO ENSURE THAT SOUTHERN APPALACHIAN NATIONAL FORESTS ARE MANAGED PRIMARILY FOR FISH AND WILDLIFE, CLEAN WATER, RECREATION AND SCENIC BEAUTY; AND TO PROTECT THE INTEGRITY OF THE GREAT SMOKY MOUNTAINS AND SHENANDOAH NATIONAL PARKS. IN PURSUIT OF THESE GOALS, SELC LITIGATES CASES TO PROTECT THE NATIONAL FORESTS AND PARKS AND THE PUBLIC RESOURCES THEREIN AND TO ENFORCE EXISTING LAWS AND REGULATIONS. 2717733 275500 27875 LAND AND COMMUNITY: GOALS- TO PROMOTE VIBRANT COMMUNITIES AND THE PROTECTION OF NATURAL AND RURAL AREAS, AND TO REDUCE REGIONAL GREENHOUSE GAS EMISSIONS AND OTHER HARMFUL POLLUTANTS THROUGH SMARTER GROWTH AND MORE SUSTAINABLE TRANSPORTATION SYSTEMS. SELC LITIGATES CASES THAT PURSUE THESE GOALS TO THE BENEFIT OF THE REGIONS CITIZENS AND TO ENFORCE EXISITING LAWS AND REGULATION. 1823653 WILDLIFE: GOALS - TO PROTECT AND PRESERVE THE SOUTH'S RICH BIODIVERSITY AND HABITATS. SELC LITIGATES CASES TO PROTECT AND PRESERVE THE REGION'S RICH BIODIVERSITY AND WILDLIFE HABITAT AND TO ENFORCE EXISTING LAWS AND REGULATIONS. 70515 CLIMATE: GOALS - TO LEAD A MULTI-FACETED EFFORT TO CONTROL EMISSIONS OF GREENHOUSE GASES, PRESERVE AND EXPAND NATURE-BASED CARBON SEQUESTRATION, AND SUPPORT ADAPTATION OF THE SOUTH'S NATURAL SYSTEMS AND COMMUNITIES TO CLIMATE CHANGE IMPACTS. SELC ACHIEVES THESE GOALS THROUGH ESTABLISHED PROGRAM AREAS, INCLUDING BY LITIGATING CASES TO ENFORCE EXISTING LAWS AND REGULATIONS. 46391 ENVIRONMENTAL JUSTICE: GOALS - TO PARTNER WITH HISTORICALLY DISADVANTAGED COMMUNITIES TO ENSURE THAT ALL COMMUNITIES IN OUR REGION HAVE CLEAN AIR, CLEAN WATER, AND A HEALTHY ENVIRONMENT AND THAT SELC'S PROGRAM AREAS INCORPORATE CONSIDERATIONS OF ENVIRONMENTAL JUSTICE THROUGH THE ORGANIZATION'S WORK. SELC ACHIEVES THESE GOALS THROUGH ESTABLISHED PROGRAM AREAS, INCLUDING BY LITIGATING CASES TO ENFORCE EXISTING LAWS AND REGULATIONS. 6547220 290500 27875 33972413 1 1 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 119 0 1 226 1 0 0 0 0 0 0 0 0 0 0 0 0 X 29 28 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL CA FL GA IL KS KY MD MA MI MN MS NH NJ NM NY NC OR PA RI SC TN UT VA WV WI X X GAYLE DAVIS 4349774090 120 GARRETT STREET 400 CHARLOTTESVILLE VA 22902 JEFFREY M GLEASON - ED PRES. (UNTIL 10/22), THEN SPEC. ADV. 50.00 X X 344456 0 31729 DJ GERKEN - PROGRAM DIR. (UNTIL 10/22), THEN E.D. & PRES, 50.00 X X 239116 0 48584 LAURA D GATES CHAIR OF THE BOARD 11.00 X X 0 0 0 C GREY MCLEAN VICE CHAIR 5.00 X X 0 0 0 JOEL B ADAMS JR TRUSTEE 7.00 X 0 0 0 MARCIA A ANGLE TRUSTEE 3.00 X 0 0 0 DELL S BROOKE TRUSTEE 4.00 X 0 0 0 CATHY S BROWN TRUSTEE 5.00 X 0 0 0 WENDY B BROWN TRUSTEE 7.00 X 0 0 0 MELVIN T DAVIS TRUSTEE 3.00 X 0 0 0 J STEPHEN DOCKERY III TRUSTEE 3.00 X 0 0 0 LAURA B FJELD TRUSTEE 6.00 X 0 0 0 MELANIE P GRINNEY TRUSTEE 3.00 X 0 0 0 JAMES G HANES III TRUSTEE 3.00 X 0 0 0 PHYLLIS DK HILDRETH TRUSTEE 3.00 X 0 0 0 DONALD A HOLZWORTH TRUSTEE 3.00 X 0 0 0 DEBORAH H KENNEDY KENNARD TRUSTEE 3.00 X 0 0 0 ALLEN M MCCALLIE TRUSTEE 5.00 X 0 0 0 EDWARD M MILLER TRUSTEE 4.00 X 0 0 0 DEADERICK C MONTAGUE TRUSTEE 4.00 X 0 0 0 JEAN C NELSON TRUSTEE 3.00 X 0 0 0 CHARLES W PATRICK JR TRUSTEE 3.00 X 0 0 0 JULIE G PRICE TRUSTEE 3.00 X 0 0 0 B CLAYTON ROLADER TRUSTEE 7.00 X 0 0 0 WILLIAM H SCHLESINGER TRUSTEE 5.00 X 0 0 0 ZAKIYA A SEYMOUR TRUSTEE 6.00 X 0 0 0 JOHN SIMPKINS TRUSTEE 5.00 X 0 0 0 THOMAS F TAFT SR TRUSTEE 3.00 X 0 0 0 HEATH P TERRY TRUSTEE 4.00 X 0 0 0 WILLIAM L WANT TRUSTEE 3.00 X 0 0 0 HOLLY L HUESTON TREASURER 50.00 X 191542 0 46420 HAYLEY M PARRISH SECRETARY 50.00 X 105956 0 18574 MARIE HAWTHORNE DIR. OF ADVANCEMENT (UNTIL 10/22) 50.00 X 261535 0 37018 JOHN SUTTLES DEPUTY DIRECTOR 50.00 X 237716 0 32036 ERIN MALEC DIRECTOR OF COMMUNICATIONS 50.00 X 194111 0 22865 SARAH FRANCISCO DIRECTOR, VA OFFICE 50.00 X 172816 0 35811 GILBERT ROGERS DIRECTOR, GA OFFICE 50.00 X 170233 0 33145 MARY MACLEAN ASBILL DIRECTOR, NC OFFICE 50.00 X 159600 0 43704 DERB CARTER SENIOR ATTORNEY 50.00 X 241721 0 40801 FRANK HOLLEMAN SENIOR LITIGATOR 50.00 X 175443 0 44243 BARRY BROCK DIRECTOR, AL OFFICE 50.00 X 174589 0 27534 DAVID CARR GENERAL COUNSEL 50.00 X 176061 0 25921 NATHANIEL MUND DIR. OF FEDERAL AFFAIRS 50.00 X 178971 0 21501 3023866 0 509886 78 0 1 0 ENERGY FUTURES GROUP INC PO BOX 587 HINESBURG VT 05461 PREPARE TESTIMONY IN MULTIPLE PROCEEDING 273465 META PLATFORMS ADVERTISING 1601 WILLOW RD MENLO PARK CA 94025 DIGITAL ENGAGEMENT ADS 262284 MARK ELLIS 8595 NOTTINGHAM PLACE LA JOLLA CA 92037 TESTIMONY DRAFTING & HEARING PREP 169202 CONVERGENT COMPUTING 1470 MARIA LANE SUITE 320 WALNUT CREEK CA 94596 MODERNIZATION EXECUTION 168581 SYNAPSE ENERGY ECONOMICS INC 485 MASSACHUSETTS AVE STE 2 CAMBRIDGE MA 02139 REVIEW/COMMENT OF NC CARBON PLAN 154288 10 X 7245 45320324 1161447 45327569 ATTORNEY FEES 900099 2034876 2034876 2034876 3442423 3442423 24753779 22089322 2664457 2664457 2664457 MISCELLANEOUS 900099 19719 19719 19719 53489044 2034876 0 6126599 340500 340500 2499006 1289806 899467 309733 18327614 15222683 1460241 1644690 1213446 1015589 83889 113968 1741571 1422607 150244 168720 1513549 1206090 165081 142378 158746 158746 107333 107333 128850 128850 14465 14465 416232 408435 7797 2312300 2157495 8065 146740 1086152 961390 45535 79227 1233526 1233526 3835068 3088085 401151 345832 634268 561602 27537 45129 487867 421703 23198 42966 787060 768031 10217 8812 167528 141379 14040 12109 LITIGATION FUND 2305883 2305883 REFERENCE MATERIALS 382996 283307 99689 CAPITAL PURCHASES 362800 331514 16798 14488 PROFESSIONAL DEVELOP. 189669 174739 11214 3716 273554 243120 20984 9450 40519983 33972413 3352126 3195444 100159 1518169 9519342 6237364 1350000 2530124 8390 250110 549764 7556018 3449890 4265194 4106128 188125562 184999424 13527319 13374800 217137686 213324163 1506642 948788 13792775 14526760 15299417 15475548 X 165013359 181045568 36824910 16803047 201838269 197848615 217137686 213324163 12969061 -16958715 0 X 0 1 X 1 0 X 36304744 35642317 36650729 47760793 45327569 201686152 36304744 35642317 36650729 47760793 45327569 201686152 3724445 197961707 2713863 3240648 2856274 2716563 3442423 14969771 272 19719 19991 216675914 3878702 0.91360 0.91920 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 64440 378866 443306 40062211 40505517 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 355943 262612 426322 443306 1488183 250000 250000 250000 250000 1000000 1500000 82545 26629 90753 64440 264367 109214202 5105214 -8108158 106211258 104894346 50000 4014644 -255212 109214202 62215143 590519 42088684 104894346 54791304 12626433 -5202594 62215143 49153567 790342 4847395 54791304 0.86380 0.03910 0.09710 0 0 6049526 2308568 3740958 1506492 1141322 365170 4106128 DEFERRED COMPENSATION INVESTMENT 44690 DEPOSITS 71997 RIGHT-OF-USE ASSET 13258113 13374800 OPERATING LEASE LIABILITY 14482070 DEFERRED COMPENSATION LIABILITY 44690 14526760 X 36520864 -16958715 5000 -16953715 53474579 14465 14465 53489044 40510518 5000 5000 40505518 14465 14465 40519983 PART V, LINE 4: THE ENDOWMENT FUND WAS ESTABLISHED TO PROVIDE A SOURCE OF LONG-TERM OPERATING REVENUE AND COMPRISES BOTH RESTRICTED AND UNRESTRICTED FUNDS. PART X, LINE 2: FOR THE YEAR ENDED MARCH 31, 2023, SELC HAS DOCUMENTED ITS CONSIDERATION OF FASB ASC 740-10, INCOME TAXES, THAT PROVIDES GUIDANCE FOR REPORTING UNCERTAINTY IN INCOME TAXES AND HAS DETERMINED THAT NO MATERIAL UNCERTAIN TAX POSITIONS QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. EUROPE 0 5 PROGRAM SERVICES ENERGY/AIR ADVOCACY 310764 0 5 0 0 0 5 310764 0 310764 0 0 0 0 0 0 PART III ACCOUNTING METHOD: 1 TIDES FOUNDATION PO BOX 889389 LOS ANGELES CA 900889389 510198509 501(C)(3) 250000 0 FRONTLINE JUSTICE FUND CONTRIBUTION APPALACHIAN VOICES 589 WEST KING STREET BOONE NC 28607 562049956 501(C)(3) 50000 0 SUPPORT MIDDLE TN GAS FIGHT VIRGINIA WILDERNESS COMMITTEE PO BOX 1235 LEXINGTON VA 24450 311641293 501(C)(3) 15000 0 GRANT FOR VWC MT TREAS/FOREST COMMUNITY FOUNDATION OF GREATER MEMPHIS 1900 UNION AVENUE MEMPHIS TN 38104 581723645 501(C)(3) 12000 0 MEMPHIS COMMUNITY AGAINST POLLUTION DONATION/GRANT NORTH CAROLINA CENTRAL UNIVERSITY FOUNDATION INC 1801 FAYETTEVILLE ST DURHAM NC 27707 237410301 501(C)(3) 10000 0 EXTERN SCHOLARSHIP A.RICHARDS 5 0 PART I, LINE 2: GRANTEES ARE GIVEN WRITTEN GRANT AWARD LETTERS THAT REQUIRE THEM TO USE THE FUNDS IN ACCORDANCE WITH THE GRANT LETTERS. WHEN SELC RECEIVES GRANT AWARD CORRESPONDENCE FROM DONORS, ESSENTIAL INFORMATION IS RECORDED IN THE DONOR DATABASE ABOUT GRANTOR'S INTENTIONS AND RESTRICTIONS ON HOW THE GRANT MONIES ARE TO BE UTILIZED. ALL GRANT AGREEMENTS AND PERTINENT CORRESPONDENCE IS KEPT ON FILE IN THE DEVELOPMENT DEPARTMENT AND IS FORWARDED ANNUALLY TO SELC'S ACCOUNTING DEPARTMENT FOR AUDIT PURPOSES. GRANT REVENUE RECEIVED AND THE VARIOUS RESTRICTIONS ON IT IS TRACKED AND RECONCILED ANNUALLY AGAINST THE RECORDS OF SELC'S ACCOUNTING DEPARTMENT. X X X X 1 0 0 0 0 0 0 0 0 JEFFREY M GLEASON - ED PRES. (UNTIL 10/22), THEN SPEC. ADV. 344456 0 0 0 0 0 30419 0 1310 0 376185 0 0 0 MARIE HAWTHORNE DIR. OF ADVANCEMENT (UNTIL 10/22) 231535 0 0 0 30000 0 20928 0 16090 0 298553 0 0 0 DJ GERKEN - PROGRAM DIR. (UNTIL 10/22), THEN E.D. & PRES 239116 0 0 0 0 0 21850 0 26734 0 287700 0 0 0 DERB CARTER SENIOR ATTORNEY 241721 0 0 0 0 0 21493 0 19308 0 282522 0 0 0 JOHN SUTTLES DEPUTY DIRECTOR 237716 0 0 0 0 0 21880 0 10156 0 269752 0 0 0 HOLLY L HUESTON TREASURER 191542 0 0 0 0 0 18089 0 28331 0 237962 0 0 0 FRANK HOLLEMAN SENIOR LITIGATOR 175443 0 0 0 0 0 16459 0 27784 0 219686 0 0 0 ERIN MALEC DIRECTOR OF COMMUNICATIONS 194111 0 0 0 0 0 17865 0 5000 0 216976 0 0 0 SARAH FRANCISCO DIRECTOR, VA OFFICE 172816 0 0 0 0 0 16201 0 19610 0 208627 0 0 0 GILBERT ROGERS DIRECTOR, GA OFFICE 170233 0 0 0 0 0 15435 0 17710 0 203378 0 0 0 MARY MACLEAN ASBILL DIRECTOR, NC OFFICE 159600 0 0 0 0 0 15374 0 28330 0 203304 0 0 0 BARRY BROCK DIRECTOR, AL OFFICE 174589 0 0 0 0 0 15859 0 11675 0 202123 0 0 0 DAVID CARR GENERAL COUNSEL 176061 0 0 0 0 0 15717 0 10204 0 201982 0 0 0 NATHANIEL MUND DIR. OF FEDERAL AFFAIRS 178971 0 0 0 0 0 16345 0 5156 0 200472 0 0 0 PART I, LINE 4A MARIE HAWTHORNE RECEIVED A SEVERANCE PAYMENT OF $30,000 DURING THE YEAR. X 63 1161447 FMV 0 0 1 0 PART I, COLUMN (B): THE NUMBER ON COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTIONS. FORM 990, PART I - ADDITIONAL INFORMATION: TO BETTER SERVE ALL COMMUNITIES THAT ARE FACING ENVIRONMENTAL THREATS IN THE STATES WHERE WE WORK, SELC IS MAKING CHANGES TO REFLECT GREATER RACIAL AND CULTURAL DIVERSITY AND EMBED EQUITY AND INCLUSIVENESS THROUGHOUT OUR ORGANIZATION AND THE WORK WE DO, INCLUDING AMONG OUR BOARD, LEADERS, STAFF, CLIENTS, AND PARTNERS. THE ORGANIZATION IN 2019 FORMED A STEERING COMMITTEE TO FOCUS AND ACCELERATE THESE EFFORTS FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PREPARED BY THE OUTSIDE ACCOUNTANTS. THE FORM 990 WAS DISTRIBUTED TO ALL BOARD MEMBERS BEFORE FILING. THE BOARD AUDIT COMMITTEE MET AND DISCUSSED THE DOCUMENT WITH INDEPENDENT AUDITORS, EXECUTIVE DIRECTOR, DIRECTOR OF FINANCE, ASSISTANT DIRECTOR OF FINANCE AND GENERAL COUNSEL. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS A SECTION OF SELC'S CODE OF ETHICS INCLUDED IN THE EMPLOYEE'S POLICIES, AND IS PROVIDED TO EVERY EMPLOYEE AS PART OF THEIR ORIENTATION AND IS AVAILABLE ON THE COMPANY INTRANET. THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED TO ALL TRUSTEES ANNUALLY AND ANY POTENTIAL CONFLICTS OF INTEREST ARE TO BE IMMEDIATELY DISCLOSED TO THE AUDIT COMMITTEE. THE BOARD SECRETARY NOTIFIES ALL INVOLVED AS SOON AS A CONFLICT OF INTEREST IS DISCLOSED AND THE TRUSTEE OR STAFF MEMBERS IS EXCUSED FROM FURTHER ORAL, WRITTEN OR ELECTRONIC COMMUNICATIONS SPECIFIC TO THE MATTER. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION SUBCOMMITTEE OF THE EXECUTIVE COMMITTEE MET APRIL 1, 2023 IN THE ABSENCE OF THE EXECUTIVE DIRECTOR TO DISCUSS THE EXECUTIVE DIRECTOR'S PERFORMANCE AND TO DETERMINE COMPENSATION AND BENEFITS USING COMPARATIVE DATA FROM OTHER ORGANIZATIONS' FORM 990 AND SALARY SURVEYS. THE COMMITTEE CHAIR COMMUNICATED THE DECISIONS MADE BY THE COMMITTEE TO THE EXECUTIVE DIRECTOR AND DIRECTOR OF FINANCE IN A SIGNED MEMO. THE FULL EXECUTIVE COMMITTEE MET MARCH 23, 2023 TOGETHER WITH THE EXECUTIVE DIRECTOR, IN THE ABSENCE OF THE STAFF MANAGEMENT COMMITTEE TO DISCUSS THEIR PERFORMANCES, AND TO DETERMINE COMPENSATION USING COMPARATIVE DATA FROM OTHER ORGANIZATIONS FORM 990 AND SALARY SURVEYS. THE EXECUTIVE DIRECTOR COMMUNICATED THOSE DECISION MADE BY THE COMMITTEE TO THE DIRECTOR OF FINANCE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VIII, LINE 2A: REVENUE FROM ATTORNEY FEES IS RECOGNIZED WHEN THE COURT HAS APPROVED PAYMENT AND THE OPPOSING SIDE TO THE CASE HAS NO FURTHER AVENUES OF APPEAL, OR WHEN A SETTLEMENT BECOMES ENFORCEABLE. THE ORGANIZATION SOUGHT AND RECOVERED ATTORNEYS' FEES FROM APRIL 1, 2022 TO MARCH 31, 2023, IN ONLY TWO CASES: BLACK WARRIOR RIVERKEEPER V. DRUMMOND COMPANY (U.S. NDC SD OF ALABAMA): $2,007,000.54 CITY OF STONECREST, GEORGIA AND CITIZENS FOR A HEALTHY AND SAFE ENVIRONMENT V. METRO GREEN RECYCLING THREE (U.S. SC OF DEKALB COUNTY, GEORGIA): $27,875 THE TOTAL ATTORNEYS' FEES RECOVERED WAS $2,034,876. FORM 990, PART VIII, LINE 7: IN KEEPING WITH THE SELC MISSION AND SOUND INVESTMENT PRACTICES, THE INVESTMENT COMMITTEE WILL MAXIMIZE THE INVESTMENT OF THE EQUITY PORTION OF SELC'S INVESTMENT PORTFOLIO IN ENVIRONMENTAL, SOCIAL AND GOVERNANCE FUNDS. IN DOING SO, THE SALE AND TRANSFER OF THE INVESTMENTS RESULTED IN A REALIZED GAIN OF $2,664,457 REPORTED ON PAGE 9, PART VIII, LINE 7C. HOWEVER, THIS REALIZED GAIN WAS OFFSET BY THE UNREALIZED LOSSES OF $16,958,715 AS REPORTED ON SCHEDULE D, PAGE 4, PART XI, LINE 2A. THE ORGANIZATION'S NET REALIZED AND UNREALIZED GAINS/LOSSES DURING THE FISCAL YEAR WERE $(14,294,258).