2023-05-22T15:19:40-05:00 2022-12-31 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 800N BETHESDA MD 208142930 990 2022-01-01 522135531 FOREST TRENDS ASSOCIATION FORE 2022983000 1203 19TH STREET NW 4TH FL WASHINGTON DC 20036 MICHAEL JENKINS PRESIDENT & CEO 2022983000 2023-05-22 1 MICHAEL JENKINS 999009999 0 RICHARD J LOCASTRO CPA P00288314 3019519090 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z MICHAEL JENKINS 1203 19TH STREET NW 4TH FL WASHINGTON DC 20036 9907494 0 X WWW.FOREST-TRENDS.ORG X 1998 DE SEE PART III, LINE 1. 17 15 37 17 0 0 17015788 9884351 0 0 3218 -98 2175 8525 17021181 9892778 1887344 1680591 0 0 4890254 5217052 0 0 46107 4883297 5251739 11660895 12149382 5360286 -2256604 10087472 10282490 1678094 4129716 8409378 6152774 X FOREST TRENDS WORKS TO EXPAND THE VALUE OF FORESTS TO SOCIETY; TO PROMOTE SUSTAINABLE FOREST MANAGEMENT AND CONSERVATION BY CREATING AND CAPTURING MARKET VALUES FOR ECOSYSTEM SERVICES; TO SUPPORT INNOVATIVE PROJECTS AND COMPANIES THAT ARE DEVELOPING THESE NEW MARKETS; AND TO ENHANCE THE LIVELIHOODS OF LOCAL COMMUNITIES LIVING IN AND AROUND THOSE FORESTS. 0 0 5055853 1347953 WATER: RECOGNIZING THE MULTIPLE VALUES, INCLUDING SUPPLIES OF CLEAN WATER, WHICH FORESTS PROVIDE TO PEOPLE, FOREST TRENDS HAS WORKED FROM INCEPTION TO PROMOTE THE USE OF INCENTIVES AND MARKET-BASED INSTRUMENTS TO PROTECT AND SUSTAINABLY MANAGE WATERSHED SERVICES. FOREST TRENDS HELPED ESTABLISH THE CHESAPEAKE BAY FUND, AN INNOVATIVE PARTNERSHIP BETWEEN FOREST TRENDS, THE WORLD RESOURCES INSTITUTE, AND THE CHESAPEAKE BAY FOUNDATION, TO RESTORE AND PROTECT THE BAY'S WATER QUALITY. IN 2010, WE LAUNCHED THE FIRST STATE OF WATERSHED PAYMENTS REPORT, THE FIRST GLOBAL SURVEY OF INCENTIVE AND MARKET-BASED INSTRUMENTS FOR PROTECTING HYDROLOGICAL SERVICES.IN 2018, USAID AND THE GOVERNMENT OF CANADA MADE A MAJOR $28 MILLION COMMITMENT TO THE NATURAL INFRASTRUCTURE FOR WATER SECURITY PROJECT IN PERU, LED BY FOREST TRENDS AND PARTNERS. FOREST TRENDS ALSO CREATED THE FIRST-EVER COMPREHENSIVE ONLINE COURSE ON NATURAL INFRASTRUCTURE FOR THE WATER SECTOR IN COLLABORATION WITH THE ASSOCIATION OF LATIN AMERICAN WATER UTILITY REGULATORS (ADERASA) AND FINANCING EXPERTS AT ECODECISIN. TO DATE, FOREST TRENDS HAS TRAINED 126 ENGINEERS AND WATER SERVICE PROVIDERS (70 MEN AND 56 WOMEN) IN 13 COUNTRIES IN DESIGNING AND EVALUATING NATURE-BASED INTERVENTIONS. THE COURSE IS IN ITS THIRD - PERENNIALLY OVERSUBSCRIBED - ITERATION. 2197053 FOREST POLICY, TRADE AND FINANCE: THE FOREST POLICY, TRADE AND FINANCE INITIATIVE WAS CREATED IN THE EARLY 2000S WHEN THE ORGANIZATION REALIZED THAT EMERGING MARKETS FOR ECOSYSTEM SERVICES AND PRODUCTS WERE CONTINUING TO BE UNDERMINED BY CHEAP AND ILLEGAL FOREST PRODUCTS. SINCE THEN, THE FPTF PROGRAM HAS BEEN WORKING TO "SQUEEZE OUT" THE PROFITABILITY AND MARKET ACCESS OF ILLEGALLY SOURCED TIMBER AND AGRICULTURAL PRODUCTS. THE ULTIMATE AIM OF THE FPTF PROGRAM IS TO SUPPORT MARKET TRANSFORMATION AWAY FROM PRODUCTS SOURCED ILLEGALLY FROM FOREST AREAS, DEVELOPING EXCELLENT DATA AND POLICY ANALYSIS IN CONJUNCTION WITH STAKEHOLDERS, AND MENTORING AND CONVENING 'COMMUNITIES OF PRACTICE' AT THE INTERSECTION OF GOOD FOREST GOVERNANCE, LAW ENFORCEMENT, TRADE CONTROLS, SECURE RESOURCE RIGHTS, AND SUSTAINABLE RESOURCE DEVELOPMENT. THE INITIATIVE'S THEORY OF CHANGE HINGES UPON A COMBINATION OF SUPPLY AND DEMAND SIDE INTERVENTIONS AT THIS INTERSECTION OF POLICY, GOVERNANCE, TRANSPARENCY, AND SUSTAINABLE RESOURCE PRODUCTION. 1209482 278774 COMMUNITIES: THE COMMUNITIES INITIATIVE IS ONE OF THE FIRST INITIATIVES OF FOREST TRENDS. THE INITIAL FOCUS WAS ON RESEARCH AND PUBLICATIONS TO PROMOTE COMMUNITIES' FOREST/LAND TENURE. IN 2006 WE TRANSITIONED TO OUR CURRENT APPROACH OF WORKING DIRECTLY WITH LOCAL COMMUNITIES TO STRENGTHEN THEIR CAPACITY TO SECURE AND MANAGE THEIR TRADITIONAL FOREST HOMELANDS.WE SUPPORT INDIGENOUS AND OTHER TRADITIONAL COMMUNITIES TO SECURE THEIR RIGHTS, MANAGE AND CONSERVE THEIR FORESTS AND IMPROVE THEIR LIVELIHOODS. FOCUSING ON RIGHTS, FORESTS, AND LIVELIHOODS, WE LINK LOCAL COMMUNITIES IN KEY GEOGRAPHIES TO OPPORTUNITIES AROUND EVOLVING POLICY, FINANCE, AND TECHNICAL ASSISTANCE. BY STRENGTHENING LOCAL COMMUNITIES' CAPACITY TO SECURE AND MANAGE THEIR FORESTS, THE COMMUNITIES INITIATIVE IS ALSO CONTRIBUTING TO CLIMATE CHANGE MITIGATION, CULTURAL SURVIVAL, AND TO THE CONSERVATION OF BIODIVERSITY AND OTHER ECOSYSTEM SERVICES. 80156 53864 PUBLIC-PRIVATE FINANCE: PPFI WAS LAUNCHED AS REGULATION TO SUPPORT GLOBAL AND US CARBON MARKETS FELL SHORT AND WHILE NORWAY AND OTHER COUNTRIES COMMITTED BILLIONS OF PUBLIC DOLLARS TO SUPPORT REDD. PPFI PROVIDED EARLY THOUGHT LEADERSHIP TO THE REDD+ PARTNERSHIP ON A ROADMAP TO IDENTIFY THE FINANCING GAPS AND HOW TO STRUCTURE PUBLIC FUNDS TO ATTRACT PRIVATE INVESTMENT IN REDD+ AND CLIMATE SMART SUPPLY CHAINS IN THE ABSENCE OF A CARBON MARKET. PPFI INITIALLY WORKED WITH CACAO AND COFFEE IN GHANA AND ETHIOPIA AND HAS WORKED WITH BEEF, CATTLE AND SOY IN BRAZIL AND COLOMBIA AND MOST RECENTLY WITH THE WATER INITIATIVE IN PERU AS WE APPLY THE SAME FINANCE PRINCIPLES BEYOND CARBON.WE HAVE APPLIED OUR WORK IN THE US WITH THE LAUNCH OF POLICY ROADMAP TO SUPPORT INVESTMENT IN THE US CARBON SINK. CONSERVING FOREST AND ECOSYSTEMS AND TRANSFORMING LAND USE AT SCALE TO SUSTAINABLE LOW EMISSIONS PRODUCTION SYSTEMS REQUIRES SUBSTANTIAL INVESTMENT. OUR PUBLIC PRIVATE FINANCE INITIATIVE IS STRATEGICALLY FOCUSED ON CREATING PUBLIC-PRIVATE ARCHITECTURES THAT INCREASE THE AMOUNT OF CAPITAL FLOWING TO LAND USE PRACTICES THAT REDUCE EMISSIONS FROM DEFORESTATION AND DEGRADATION, IMPROVE THE PRODUCTIVITY OF AGRICULTURAL AND LIVESTOCK SYSTEMS, AND ENHANCE LIVELIHOODS OF RURAL POPULATIONS. 1081455 ECOSYSTEM MARKETPLACE: LAUNCHED AS A WEB-BASED INFORMATION PLATFORM IN 2004, ECOSYSTEM MARKETPLACE PUBLISHES NEWSLETTERS, BREAKING NEWS, ORIGINAL FEATURE ARTICLES AND MAJOR REPORTS ABOUT MARKET-BASED APPROACHES TO CONSERVING ECOSYSTEM SERVICES. BEGINNING IN 2007, STAFF BEGAN COLLECTING SURVEY DATA TO INFORM THE FIRST-EVER "STATE OF THE VOLUNTARY CARBON MARKETS" REPORT; SINCE THEN, COVERAGE HAS EXPANDED TO INCLUDE FOREST CARBON, WATERSHED INVESTMENTS AND BIODIVERSITY IN OUR SIGNATURE "STATE OF" MARKET ANALYSIS REPORT FORMAT. LATELY, EM HAS EXPLORED NEW TOPICS OF INTEREST TO OUR TRADITIONAL MARKETS (E.G., THE BUYERS' REPORT), EXPANDED OUR COVERAGE TO NEW FOCAL TOPICS (E.G., SUPPLY CHANGE, AND THE CONSERVATION INVESTMENT SURVEY), AND INCREASED OUR EXTERNAL ADVISING AND CONSULTING OPPORTUNITIES (E.G., GLOBAL ALLIANCE FOR CLEAN COOKSTOVES, FOREST STEWARDSHIP COUNCIL).EM BELIEVES THAT TRANSPARENCY IS A HALLMARK OF ROBUST MARKETS AND THAT BY PROVIDING FREELY-ACCESSIBLE INFORMATION, WE CAN FACILITATE TRANSACTIONS (THEREBY LOWERING TRANSACTION COSTS) AND ALSO CATALYZE NEW THINKING AND SPUR THE DEVELOPMENT OF NEW MARKETS AND THE INFRASTRUCTURE THAT SUPPORTS THEM. WITH EM'S HIGH QUALITY MARKET INTELLIGENCE, PROJECT DEVELOPERS CAN BETTER MANAGE AND SELL ECOSYSTEM SERVICES; BUYERS CAN BETTER UNDERSTAND THE MARKETS AND THEIR LEGITIMACY; POLICY MAKERS CAN LEARN FROM PAST POLICIES TO CREATE MORE ENABLING ENVIRONMENTS FOR MARKETS; AND ACADEMICS CAN BETTER UNDERSTAND THE REAL-WORLD CHALLENGES AND TRENDS OF PAYMENTS FOR ECOSYSTEM SERVICES. 234226 CUMARI: FOREST TRENDS HAS COLLABORATED WITH RENOWNED CHEFS, SCIENTISTS, ENTREPRENEURS, AND WRITERS TO BUILD A NEW KIND OF ENVIRONMENTAL MOVEMENT THAT CELEBRATES THE POTENTIAL OF AMAZON FOOD UNLOCKS NEW ECONOMIC OPPORTUNITIES FOR THE RAINFOREST, AND BRINGS GREATER VISIBILITY TO THE CONSERVATION OF THE AMAZON-THE LARGEST TROPICAL FOREST IN THE WORLD.THE MOVEMENT IS CALLED CUMARI: RAINFOREST TO TABLE. BY TAPPING INTO THE AMAZON'S EXTRAORDINARY DIVERSITY, CHEFS ARE BRINGING EXCITING INGREDIENTS AND FLAVORS TO URBAN AUDIENCES, AND IN THE PROCESS CREATING NEW OPPORTUNITIES FOR THE COMMUNITIES ON THE FRONTLINES OF SAVING THE RAINFOREST. GASTRONOMY PROVIDES A POWERFUL TOOL TO RECOGNIZE THE VALUE OF BIODIVERSITY, STRENGTHEN IMPERILED INDIGENOUS CULTURES, AND CREATE NEW SOURCES OF INCOME FOR LOCAL PEOPLES. 1395837 53864 9858225 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 34 0 1 37 1 0 1 PE 0 0 0 0 0 0 0 0 0 0 X 17 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X MICHAEL JENKINS 2022983000 1203 19TH STREET NW 4TH FL WASHINGTON DC 20036 X SALLY COLLINS SEE SCH O SECRETARY 0.50 0.00 X X 33600 0 0 HARRIS SHERMAN SEE SCH O CO-CHAIR 0.50 0.00 X X 42750 0 0 BETTINA VON HAGEN CO-CHAIR 0.50 0.00 X X 0 0 0 LINDA COADY TREASURER 0.50 0.00 X X 0 0 0 DAVID BRAND DIRECTOR 0.50 0.00 X 0 0 0 RICHARD BURRETT DIRECTOR 0.50 0.00 X 0 0 0 LYNDON HAVILAND DIRECTOR 0.50 0.00 X 0 0 0 OLOF JOHANSSON DIRECTOR 0.50 0.00 X 0 0 0 MIGUEL SEREDIUK MILANO DIRECTOR 0.50 0.00 X 0 0 0 MANUEL PULGAR-VIDAL DIRECTOR 0.50 0.00 X 0 0 0 SERGEY TSYPLENKOV DIRECTOR 0.50 0.00 X 0 0 0 JOHN EARHART DIRECTOR 0.50 0.00 X 0 0 0 JOSEPH AZRACK DIRECTOR 0.50 0.00 X 0 0 0 WHITNEY DEBEVOISE DIRECTOR 0.50 0.00 X 0 0 0 YUEJIA PENG DIRECTOR 0.50 0.00 X 0 0 0 BOB FANCH DIRECTOR 0.50 0.00 X 0 0 0 CAROLE SEGAL DIRECTOR 0.50 0.00 X 0 0 0 MICHAEL JENKINS PRESIDENT & CEO 40.00 0.00 X 330802 0 47735 OLY BRACHO CFO 40.00 0.00 X 229618 0 32970 STEPHEN DONOFRIO DIRECTOR, EM 40.00 0.00 X 209389 0 21717 KERSTIN CANBY DIRECTOR, FPTF 40.00 0.00 X 185215 0 26587 JOSE BORGES DIRECTOR, COMMUNITIES 40.00 0.00 X 165864 0 23807 LILIT BODAKOWSKI CONTROLLER 40.00 0.00 X 162295 0 14735 GENA GAMMIE ASSOCIATE DIRECTOR, WATER 40.00 0.00 X 140937 0 20338 DEBORAH MCKAY DIRECTOR, OPERATIONS 40.00 0.00 X 136508 0 19485 GENEVIEVE BENNETT DIRECTOR, COMMUNICATIONS 40.00 0.00 X 124267 0 17747 PATRICK MAGUIRE PROGRAMS MANAGER 40.00 0.00 X 124267 0 17747 JAN CASSIN DIRECTOR, WATER 40.00 0.00 X 123903 0 17783 2009415 0 260651 12 0 1 0 CONDESAN AVE ANTONIO MIROQUESADA 425 OF 401 LIMA PE NATURAL INFRASTRUCT. FOR WATER SECURITY 940838 SPDA-SOCIEDAD PERUNA DE DERECHO AMBIENT 114 GREENPOINT AVE 4D BROOKLYN NY 11222 NATURAL INFRASTRUCT. FOR WATER SECURITY 440392 ACAO ECOLOGICA GUAPORE ENDERECO RUA RAFAEL VAZ E SILVA BR COMMUNITIES INITIATIVE 263744 SUNAT AV GARCILASO DE LA VEGA 1472 LIMA PE NATURAL INFRASTRUCT. FOR WATER SECURITY 251115 NATURAL CAPITAL ADVISORS LLC 916 VALENCE STREET NEW ORLEANS LA 70115 NATURAL CAPITAL ADVISORY 137614 8 7010965 2873386 14716 9884351 14 14 14604 14716 -112 -112 -112 MISCELLANEOUS 900099 8525 8525 8525 9892778 0 0 8427 X 1680591 1680591 1450733 823073 608733 18927 2855342 2390127 445235 19980 147301 127094 19383 824 514718 402708 107900 4110 248958 187567 59194 2197 14957 13283 1674 99224 88119 11105 3631528 3274109 357419 395 189 206 75851 36232 39611 8 412714 233346 179368 350166 167269 182859 38 217425 147110 70315 224517 175160 49357 4604 2199 2404 1 9645 4607 5037 1 37744 18030 19710 4 VAT/IGV 129941 62071 67856 14 LICENSE & REGISTRATION 22108 10561 11545 2 PAYROLL PROCESSING FEES 11664 10359 1305 EQUIPMENT 9256 4421 4834 1 12149382 9858225 2245050 46107 2404621 2244689 967920 810106 6404091 4336639 21485 11780 61521 18178 340895 292666 189306 48229 38528 2812869 10087472 10282490 682660 894808 145331 141273 850103 3093635 1678094 4129716 X -83820 44734 8493198 6108040 8409378 6152774 10087472 10282490 -2256604 0 X 0 1 X 1 1 1 X 11141705 9986642 11939138 17015788 9884351 59967624 11141705 9986642 11939138 17015788 9884351 59967624 526774 59440850 2995 753 46 18 14 3826 28200 2175 2175 8525 41075 60012525 891760 0.99050 0.98350 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 331395 283166 48229 9500 9500 0 48229 DEPOSITS 44528 RIGHT OF USE ASSET 2768341 2812869 REFUNDABLE ADVANCES 109916 OPERATING LEASE LIABILITY 2983719 3093635 X 9958800 66022 66022 9892778 0 9892778 12215404 66022 66022 12149382 0 12149382 PART X, LINE 2: FOR THE YEARS ENDED DECEMBER 31, 2022 AND 2021, THE ASSOCIATION 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 COMBINED FINANCIAL STATEMENTS. 1 SOUTH AMERICA 1 266 PROGRAM SERVICE ACTIVITIES FOOD SECURITY & ECONOMIC ALTERNATIVES IN BRAZILIAN AMAZON; NATURAL INFRASTRUCTURE WATER SECURITY; EMERGING MARKETS 3652118 SOUTH AMERICA 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION 1650782 EUROPE 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION 29809 EAST ASIA AND THE PACIFIC 0 20 PROGRAM SERVICE ACTIVITIES THE LIVELIHOODS AND FOOD SECURITY 1144684 1 286 0 0 1 286 6477393 0 6477393 SOUTH AMERICA NATURAL INFRUSTRUCTURE WATER SECURITY 1328181 WIRE TRANSFER 0 EUROPE NATURAL INFRUSTRUCTURE WATER SECURITY 29809 WIRE TRANSFER 0 SOUTH AMERICA FOOD SECURITY AND ECONOMIC ALTERNATIVES IN BRAZILIAN AMAZON 278774 WIRE TRANSFER 0 SOUTH AMERICA CANOPY BRINGE AND ENGAGING PEOPLE IN URBAN CENTERS TO BULD SUPPORT FOR BUEN VIVIR PRINCIPLES 43827 WIRE TRANSFER 0 4 0 1 0 0 0 0 0 PART I, LINE 2: FOREST TRENDS PROCEDURES FOR MONITORING THE USE OF GRANTS AND OTHER ASSISTANCE OUTSIDE THE US: - MAINTAIN ACTIVE LINES OF COMMUNICATION WITH SUBRECIPIENTS; - ENSURE PERFORMANCE GOALS ARE ACHIEVED; - REVIEW TECHNICAL REPORTS; - REVIEW INVOICES TO ENSURE CHARGES ARE REASONABLY REFLECTIVE OF THE WORK PERFORMED; AND - APPROVE FINAL INVOICES IN A TIMELY MANNER PRIOR TO CLOSEOUT - ASSIST THE SUBRECIPIENT IN MAKING ANY REQUIRED ADJUSTMENTS TO THE ESTABLISHED BUDGET OR SUBCONTRACT, AS NEEDED - REQUEST ADDITIONAL DOCUMENTATION SUCH AS ORIGINAL RECEIPTS, COPIES OF PAYROLL RECORDS, AND AUDITS, AS NEEDED; - MAINTAIN DOCUMENTATION OF ALL MONITORING EFFORTS. ADDITIONAL MONITORING PROCEDURES WILL BE PERFORMED FOR SUBRECIPIENTS POSING A HIGHER RISK. THE FOLLOWING IS A LIST OF ADDITIONAL PROCEDURES THAT MAY BE PERFORMED IN SOME COMBINATION. (1) ON-SITE VISITS TO EVALUATE APPROPRIATENESS OF SUBRECIPIENT'S ADMINISTRATIVE SYSTEMS, PROCESSES, AND CHARGES. (2) AUDITS MAY BE CONDUCTED BY FOREST TRENDS AND/OR INDEPENDENT. (3) ADMINISTRATORS AT SUBRECIPIENT SITES MAY BE ASKED TO COMPLETE QUESTIONNAIRES DOCUMENTING THEIR INTERNAL CONTROLS AND GRANTS MANAGEMENT PROCEDURES. (4) SUBRECIPIENTS MAY BE ASKED TO PROVIDE PERIODIC FINANCIAL AND PERFORMANCE REPORTS FOR REVIEW. PART III ACCOUNTING METHOD: X X X 0 0 0 0 0 0 0 1 0 MICHAEL JENKINS PRESIDENT & CEO 330802 0 0 0 0 0 23156 0 24579 0 378537 0 0 0 OLY BRACHO CFO 227401 0 2217 0 0 0 16073 0 16897 0 262588 0 0 0 STEPHEN DONOFRIO DIRECTOR, EM 207589 0 1800 0 0 0 6293 0 15424 0 231106 0 0 0 KERSTIN CANBY DIRECTOR, FPTF 183343 0 1872 0 0 0 12965 0 13622 0 211802 0 0 0 JOSE BORGES DIRECTOR, COMMUNITIES 164165 0 1699 0 0 0 11610 0 12197 0 189671 0 0 0 LILIT BODAKOWSKI CONTROLLER 159591 0 2704 0 0 0 7148 0 7587 0 177030 0 0 0 GENA GAMMIE ASSOCIATE DIRECTOR, WATER 140937 0 0 0 0 0 9866 0 10472 0 161275 0 0 0 DEBORAH MCKAY DIRECTOR, OPERATIONS 133637 0 2871 0 0 0 9556 0 9929 0 155993 0 0 0 PART I, LINE 7 THE FOLLOWING INDIVIDUALS RECEIVED BONUS COMPENSATION IN 2022: OLY BRACHO $2,217 STEPHEN DONOFRIO $1,800 KERSTIN CANBY $1,872 JOSE BORGES $1,699 LILIT BODAKOWSKI $2,704 DEBORAH MCKAY $2,871 GENEVIEVE BENNETT $2,493 PATRICK MAGUIRE $2,493 JAN CASSIN $1,285 FORM 990, PART VI, SECTION B, LINE 11B THE TAX RETURN WAS PREPARED BY THE OUTSIDE ACCOUNTANTS AND REVIEWED BY SENIOR MANAGEMENT. THE DRAFT 990 WAS REVIEWED AND APPROVED BY AUDIT COMMITTEE OF THE FOREST TRENDS BOARD, THEN DISTRIBUTED TO THE ENTIRE BOARD PRIOR TO FILING FOR REVIEW AND COMMENT. IF ANY CHANGES WERE MADE, A FINAL COPY OF THE 990 WAS RESENT TO THE ENTIRE BOARD PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY IS MONITORED ANNUALLY BY THE DIRECTOR OF ADMINISTRATION. IF A CONFLICT OF INTEREST ARISES, THE OFFICER OR DIRECTOR IS REQUIRED TO DISCLOSE THE CONFLICT OF INTEREST TO THE ENTIRE BOARD OF DIRECTORS. THEN HE OR SHE WOULD RECUSE HIMSELF OR HERSELF FROM DELIBERATION OR VOTING ON A MATTER RELATED TO THE CONFLICT OF INTEREST. AS WITH DIRECTORS AND OFFICERS, ALL EMPLOYEES CONFORM TO THE SAME CONFLICT OF INTEREST POLICY AND FILE CONFLICT OF INTEREST DISCLOSURE STATEMENTS ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15A THE PRESIDENT & CEO'S SALARY IS REVIEWED AND APPROVED BY THE COMPENSATION COMMITTEE AND THE BOARD. THE COMPENSATION COMMITTEE UTILIZED EXECUTIVE COMPENSATION STUDIES PERFORMED BY INDEPENDENT CONSULTANTS DURING ITS REVIEW. THE PROCESS AND DECISION IS DOCUMENTED BY AN APPROVAL LETTER THAT IS KEPT IN THE PERSONNEL FILES. THE PRESIDENT & CEO DETERMINES THE SALARIES OF THE OTHER EMPLOYEES. THE MOST RECENT SALARY REVIEW TOOK PLACE IN JUNE 2022. 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. THESE DOCUMENTS ARE ALSO AVAILABLE ON CHARITYNAVIGATOR.ORG. ADDITIONALLY, AUDITED FINANCIAL STATEMENTS ARE LOCATED ON THE FOREST TRENDS WEBSITE, WWW.FOREST-TRENDS.ORG. FORM 990, PART VII, SECTION A: SALLY COLLINS AND HARRIS SHERMAN'S COMPENSATION IS RELATED TO SERVICES PROVIDING EXPERT ADVICE TO FOREST TRENDS IN DESIGNING & IMPLEMENTING PARTNERSHIP AGREEMENT ACTIVITIES, AND SERVING AS A HIGH-LEVEL LIAISON BETWEEN FOREST TRENDS AND THE USFS, PRIVATE SECTOR REPRESENTATIVES, AND OTHER STAKEHOLDERS. THE COMPENSATION IS UNRELATED TO THEIR ROLES ON THE BOARD OF DIRECTORS. FORM 990, PART IX, LINE 11G OTHER CONSULTANTS: PROGRAM SERVICE EXPENSES 3,211,717. MANAGEMENT AND GENERAL EXPENSES 349,555. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,561,272. TRANSLATION SERVICES: PROGRAM SERVICE EXPENSES 17,826. MANAGEMENT AND GENERAL EXPENSES 2,247. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 20,073. TEMPORARY SERVICES: PROGRAM SERVICE EXPENSES 44,566. MANAGEMENT AND GENERAL EXPENSES 5,617. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 50,183. THE KATOOMBA GROUP 1203 19TH STREET NW 4TH FL WASHINGTON DC 20036 203738283 FACILITATE STRATEGIC PARTNERSHIPS TO LAUNCH GREEN FOREST PRODUCTS DC 501(C)(3) LINE 12A, I FTA 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0