2024-10-08T09:02:04-05:00 2024-04-30 020327524 NATHAN WECHSLER & COMPANY PA 70 COMMERCIAL STREET 4TH FLOOR CONCORD NH 03301 990 2023-05-01 020222237 SOCIETY FOR THE PROTECTION OF NEW HAMPSHIRE FORESTS SOCI 6032249945 54 PORTSMOUTH STREET CONCORD NH 03301 JACK SAVAGE PRESIDENT 6032249945 2024-10-07 1 0 ORESTE J MOSCA CPA P00366101 6032245357 2024-10-07 2023 2024-10-15 13:58:12Z JACK SAVAGE 54 PORTSMOUTH STREET CONCORD NH 03301 20585280 0 X WWW.FORESTSOCIETY.ORG X 1901 NH THE SOCIETY FOR THE PROTECTION OF NEW HAMPSHIRE FORESTS IS A FORESTRY ASSOCIATION SEEKING TO PERPETUATE THE FORESTS OF NEW HAMPSHIRE THROUGH THEIR WISE USE AND THEIR COMPLETE RESERVATION IN PLACES OF SPECIAL SCENIC BEAUTY. 18 17 79 405 185456 0 8768159 9704429 549679 636941 507800 807668 593517 1126322 10419155 12275360 148773 188596 0 0 3122682 3379666 0 0 513940 2883688 4747742 6155143 8316004 4264012 3959356 101414271 107340365 1545761 2206865 99868510 105133500 X THE SOCIETY FOR THE PROTECTION OF NEW HAMPSHIRE FORESTS WAS FOUNDED IN 1901 TO PROTECT THE STATE'S MOST IMPORTANT LANDSCAPES AND PROMOTE THE WISE USE OF ITS NATURAL RESOURCES. IN 2019, THE NATIONAL LAND TRUST ACCREDITATION COMMISSION RENEWED THE FOREST SOCIETY'S STATUS AS AN ACCREDITED LAND TRUST. ACCREDITATION INCLUDES THE FOREST SOCIETY IN A NETWORK OF MORE THAN 400 ACCREDITED LAND TRUSTS ACROSS THE NATION, AND DEMONSTRATES ITS COMMITMENT TO PROFESSIONAL EXCELLENCE AND TO MAINTAINING THE PUBLIC'S TRUST IN ITS CONSERVATION WORK. 0 0 2405365 614998 LAND AND EASEMENT STEWARDSHIP: THE SOCIETY FOR THE PROTECTION OF NEW HAMPSHIRE FORESTS OWNS AND MANAGES 200 RESERVATIONS COVERING MORE THAN 60,000 ACRES.IN FY2024, WE RAN 13 TIMBER HARVESTS COVERING 700 ACRES. WE HARVESTED 2.6 MILLION BOARD FEET OF SAWLOGS AND 20,600 TONS OF LOW GRADE WOOD. THIS BROUGHT IN $555,000 IN STUMPAGE REVENUE. WE TRAINED 40 NEW VOLUNTEER LAND STEWARDS, BRINGING OUR TOTAL OF LAND STEWARDS TO 184 AND PROVIDING MORE THAN 1,600 HOURS OF MONITORING AND MAINTENANCE OF OUR FOREST SOCIETY RESERVATIONS ACROSS THE STATE. OUR VOLUNTEER EASEMENT MONITORING PROGRAM (VEMP) SAW 6 VOLUNTEERS MONITOR 28 CONSERVATION EASMENT PROPERTIES. IN ADDITION, OUR STAFF MONITORED MORE THAN 750 EASEMENTS ON MORE THAN 135,000 ACRES. AT FOREST SOCIETY NORTH AT THE ROCKS, WE HARVESTED MORE THAN 2,780 CHRISTMAS TREES. IN MAY 2023 THE ROCKS WELCOMED 150 3RD AND 4TH GRADERS FOR THE ANNUAL NEW HAMPSHIRE AGRICULTURE IN THE CLASSROOM FIELD DAY. THE FOREVERGREEN PROGRAM CONTINUED WITH VISITS FROM KINDERGARTENERS, FIRST, SECOND, AND FOURTH GRADES IN MAY, THIRD AND FIFTH GRADES IN SEPTEMBER, AND SIXTH GRADES IN DECEMBER AS EACH GRADE LEARNED ONE FACET OF GROWING CHRISTMAS TREES, FROM PLANTING TO HARVEST. THE ROCKS HELD ITS ANNUAL WILDFLOWER FESTIVAL IN JUNE 2023, FOLLOWED BY A SUCCESSFUL BUS TOUR SEASON IN SUMMER AND FALL 2023. THE SUMMER 2023 AND WINTER 2024 FREE BRETZFELDER PARK EDUCATIONAL SERIES MOVED BACK TO IN-PERSON EVENTS WITH FULL AUDIENCES AT EACH OF THE EIGHT EVENTS. THE NEWLY RENOVATED CARRIAGE BARN PROGRAM CENTER WAS READY FOR THE 2023 CHRISTMAS SEASON, WITH MORE THAN 5,000 VISITORS TO THE ROCKS CHRISTMAS TREE FARM. MONTHLY GUIDED FULL-MOON SNOWSHOE HIKES WERE OFFERED THROUGHOUT WINTER 2024. THE SPRING 2024 NH MAPLE EXPERIENCE TOURS WELCOMED APPROXIMATELY 400 VISITORS TO THE ROCKS. THE 2024 ANNUAL MAPLE DINNER WAS HELD FOR THE FIRST TIME IN THE CARRIAGE BARN AND WAS A SOLD-OUT EVENT. 3591770 8938 LAND PROTECTION: THE FOREST SOCIETY CONSERVED 5,396 ACRES THROUGH 15 LAND PROTECTION PROJECTS ACROSS THE STATE. AMONG THE PROJECTS WERE SIX FEE ACQUISITIONS TOTALING 4,207 ACRES ADDED TO OUR LAND OWNERSHIP AND EIGHT CONSERVATION EASEMENTS TOTALING 1,186 ACRES ON LAND OWNED BY OTHERS. WE CONTINUE TO ADMINISTER TWO REGIONAL LAND PROTECTION PARTNERSHIPS FOR THE QUABBIN TO CARDIGAN REGIONAL PARTNERSHIP AND MERRIMACK RIVER CONSERVATION PARTNERSHIP, WHICH INVOLVE ORGANIZATIONS IN NEW HAMPSHIRE AND MASSACHUSETTS WORKING TOGETHER TO PROTECT THE VITAL NATURAL RESOURCES OF EACH REGION. 450086 188596 4835 EDUCATION AND OUTREACH: FOREST SOCIETY STATEWIDE OUTREACH EDUCATION PROGRAMS AND SPECIAL EVENTS FOR 2023-24 INCLUDE PUBLIC, PARTNERS AND COMMUNITY-BASED EVENTS WHICH REACHED OVER 7,000 PARTICIPANTS. PROGRAM CENTERS AT CREEK FARM IN PORTSMOUTH, THE FOREST SOCIETY NORTH AT ROCKS AND BRETZFELDER PARK IN BETHLEHEM AND AT THE CONCORD CONSERVATION CENTER HOSTED OUTREACH EDUCATION PROGRAMS FOR AUDIENCES OF FOREST SOCIETY MEMBERS, GENERAL PUBLIC, NH PUBLIC SCHOOL STUDENTS, COLLEGE STUDENTS AND COMMUNITY PROGRAM PARTNERS SERVING LOCAL YOUTH TO ADULT LEARNERS. THE GRAND RE-OPENING OF THE NEW CARRIAGE BARN EDUCATION FACILITY AT THE ROCKS PROVIDED RENEWED OPPORTUNITIES TO REACH WIDER NORTH COUNTRY REGIONAL AUDIENCES, SCHOOLS, HOLIDAY VISITORS AND THE PUBLIC.CREEK FARM IN PORTSMOUTH PROGRAMS INCLUDE FOREST SOCIETY SPONSORED NATURAL HISTORY EDUCATION PROGRAMS AS WELL AS SUMMER CAMPS HOSTED BY THE GUNDALOW COMPANY AND LOCAL ORGANIZATIONS INCLUDING YOGA, ZEN-TANGLE AND POETRY EVENTS.CONCORD-BASED OUTREACH PROGRAMS REACHED WIDER STATEWIDE AUDIENCES VIA PARTNERSHIPS INCLUDING:- THE SUMMER PROGRAM SERIES AT THE JOHN HAY ESTATE AT THE FELLS IN NEWBURY- THE COTTRELL-BALDWIN ENVIRONMENTAL LECTURE SERIES WITH THE NH DIVISION OF FORESTS & LANDS, DEPARTMENT OF NATURAL AND CULTURAL RESOURCES AT FOX FOREST, HILLSBOROUGH.- THE LAKE SUNAPEE PROTECTIVE ASSOCIATION.- CITY OF ROCHESTER RECREATION DEPARTMENT.- THE OSHER LIFELONG LEARNING INSTITUTE- CENTENNIAL SENIOR CENTER "GOOD LIFE" PROGRAMS- PLEASANT VIEW RETIREMENT IN CONCORD.- MUSEUM OF WHITE MOUNTAINS HISTORY AT PLYMOUTH STATE UNIVERSITY.- THE USDA USFS WHITE MOUNTAIN NATIONAL FORESTTHE AUTUMN 2023 DIY "5 HIKE CHALLENGE" WAS OFFERED FOR THE 4TH YEAR IN A ROW IN PARTNERSHIP WITH CONCORD HOSPITAL / CONCORD COMMUNITY HEALTHCARE NETWORK TO REACH A WIDER AUDIENCE IN CONCORD, TILTON AND LACONIA. TOTAL PARTICIPANT REGISTRATION FOR 2023 TOTALED 328 PARTICIPANTS.FISCAL YEAR 2024 INCLUDED A BROAD MIX OF INDOOR LECTURE SERIES, OUTDOOR WALKS AND HIKES AND PUBLIC PRESENTATIONS AND MEDIA FEATURES WERE DESIGNED TO CONNECT FOREST SOCIETY MEMBERS, VOLUNTEERS AND LOCAL AUDIENCES WITH THE FOREST SOCIETY'S LAND CONSERVATION, FORESTRY AND RECREATION STEWARDSHIP MISSION.PROGRAMS CONTENT INCLUDES FIELD NATURAL HISTORY, RESOURCE CONSERVATION AND FORESTRY, LAND CONSERVATION, CULTURAL HISTORY, WILDLIFE, AND STEWARDSHIP OF RECREATION TRAILS SERVING TENS OF THOUSANDS OF VISITORS STATEWIDE AT POPULAR FOREST SOCIETY PROPERTIES INCLUDING MOUNT MAJOR AND MOUNT MONADNOCK. SLIDE-ILLUSTRATED LECTURES, READINGS, HIKES AND TOURS DELIVER FOREST SOCIETY CONTENT BOTH LIVE AND IN-PERSON AT PROGRAM CENTERS, FOREST RESERVATIONS AND LOCAL COMMUNITIES. COMMUNICATION VIA STATEWIDE MEDIA INCLUDE MONTHLY "FOREST JOURNAL" COLUMNS IN THE STATEWIDE NH SUNDAY NEWS AND "SOMETHING WILD" NH PUBLIC RADIO FEATURES ON-AIR AND ONLINE AND VIA THE PODCAST FEATURES PRODUCED IN PARTNERSHIP WITH NHPR AND NH AUDUBON. OUTREACH EDUCATION, COMMUNICATION AND ENGAGEMENT PROGRAMS AT THE FOREST SOCIETY INTRODUCE STUDENTS, RESIDENTS, VISITORS, FOREST SOCIETY MEMBERS AND DONORS TO THE PEOPLE, PROTECTED PROPERTIES AND PARTNERSHIPS WHICH MAKE OUR STATEWIDE MISSION POSSIBLE.FOREST SOCIETY FY'24 EDUCATION PROGRAMS REGISTRATION DATACONCORD CONSERVATION CENTER9 EVENTS WITH 164 ATTENDEESCREEK FARM PORTSMOUTH22 EVENTS WITH 286 ATTENDEESBRETZFELDER PARK4 EVENTS WITH 41 ATTENDEESFOREST SOCIETY NORTH AT THE ROCKS EVENTS INCLUDING CHRISTMAS TREE SALES, MAPLE EXPERIENCE TOURS, BUS TOURS, BUILDING TOURS, COMMUNITY GROUPS AND TRAIL USERS 5,500 ATTENDEESOFF-SITE FOREST SOCIETY PROGRAMSPROGRAMS SUCH AS 5 HIKES CHALLENGE, SCHOOL AND YOUTH PROGRAMS, COMMUNITY-BASED PROGRAMS, PROGRAMS WITH PARTNER GROUPS AND FOREST SOCIETY ANNUAL MEETING, 1,473 ATTENDEES 441353 8170 MEMBERSHIPTHE FOREST SOCIETY CURRENTLY HAS 7,971 MEMBERS (HOUSEHOLDS AND BUSINESSES). MEMBERS ARE KEPT INFORMED OF THE ORGANIZATION'S ACTIVITIES VIA BLOGS, SOCIAL MEDIA, E-NEWSLETTERS AND QUARTERLY PUBLICATION OF FOREST NOTES MAGAZINE. POLICYTHE FOREST SOCIETY LOBBIES STATE ELECTED OFFICIALS IN CONCORD, NH AND OUR FEDERAL DELEGATION IN WASHINGTON. DURING THE FISCAL YEAR, THERE WAS ONE STAFF MEMBER WHO ALLOCATED TIME TO LOBBYING THESE ACTIVITIES INCLUDE: TESTIFYING AT LEGISLATIVE COMMITTEE HEARINGS, MEETING DIRECTLY WITH STATE LEGISLATORS ON BEHALF OF THE FOREST SOCIETY'S POSITION ON SPECIFIC PIECES OF LEGISLATION, PROVIDING LEGISLATORS WITH INFORMATION ON ISSUES UNDER CONSIDERATION IN CONGRESS AND THE NH LEGISLATURE AND MEETING WITH STATE AGENCY OFFICIALS ABOUT ISSUES RELATIVE TO THE FOREST SOCIETY'S MISSION.THE STATE LEGISLATURE MEETS FROM JANUARY TO JUNE EACH YEAR. THE MAJORITY OF THE ORGANIZATION'S POLICY STAFF STATE-LEVEL LOBBYING EFFORTS OCCUR WITHIN THESE SIX-MONTH SESSIONS ALTHOUGH WE DO ENGAGE WITH LEGISLATORS AT OTHER TIMES DURING THE YEAR. THE FOREST SOCIETY LOBBIES SPECIFICALLY ON BILLS RELATING TO SPNHF'S MISSION INCLUDING THOSE ADDRESSING FORESTRY, WATER QUALITY, AIR QUALITY, LAND CONSERVATION, ENERGY FACILITY SITING, CLIMATE CHANGE, RENEWABLE ENERGY AND ENERGY EFFICIENCY. FOR EXAMPLE, IN THE 2024 LEGISLATIVE SESSION, WE TESTIFIED ON THREE SEPARATE BILLS RELATED TO FOREST CARBON CREDIT BILLS, TWO OF WHICH THE FOREST SOCIETY OPPOSED AND ONE WHICH THE ORGANIZATION SUPPORTED. WE TESTIFIED IN SUPPORT OF TWO BILLS THAT IMPROVED THE ADMINISTRATION OF THE LAND AND COMMUNITY HERITAGE INVESTMENT PROGRAM, ONE OF THE KEY STATE-LEVEL PROGRAMS FOR LAND CONSERVATION.BECAUSE THE PROTECTION OF NH'S WATER RESOURCES IS ANOTHER PRIORITY OF THE FOREST SOCIETY, WE ALSO ADVOCATED FOR THE PASSAGE OF LEGISLATION THAT WOULD HAVE BANNED THE SALE IN NH OF CERTAIN PRODUCTS THAT CONTAIN PFAS IN ORDER TO LIMIT PFAS CONTAMINATION IN WATER.FINALLY, WE WORK DIRECTLY WITH OUR FEDERAL CONGRESSIONAL DELEGATION ON FEDERAL LEGISLATION WHICH RELATED TO THE FOREST SOCIETY'S MISSION. FOR EXAMPLE, AS IN 2023, WE HAVE BEEN WORKING WITH THE NH CONGRESSIONAL DELEGATION ON THE ESTABLISHMENT OF A NEW FEDERAL CONSERVATION PROGRAM TO HELP FORESTLAND OWNERS CONSERVE THEIR FORESTS CALLED THE FOREST CONSERVATION EASEMENT PROGRAM. WE ALSO CONTINUE TO WORK WITH THE DELEGATION ON A BILL TO ESTABLISH THE CONNECTICUT RIVER WATERSHED PARTNERSHIP ACT. BECAUSE THE FEDERAL FARM BILL IS A MAJOR SOURCE OF CONSERVATION FUNDING, WE HAVE BEEN WORKING WITH THEM ON THE REAUTHORIZATION OF THE FARM BILL. CONGRESS HAS NOT FINISHED WORK ON THIS ISSUE IN 2024 AND LIKELY WILL NEED TO DO SO IN 2025. WE HAVE ALSO BEEN WORKING WITH THE CONGRESSIONAL DELEGATION TO ENSURE THE US FOREST SERVICE CONTINUES TO SUPPORT THE FOREST SERVICE-MANAGED EXPERIMENTAL FORESTS, TWO OF WHICH ARE IN NEW HAMPSHIRE. THE EXPERIMENTAL FORESTS HAVE BEEN UNDERTAKING IMPORTANT RESEARCH ON ISSUES RELATIVE TO FOREST MANAGEMENT, FOREST HEALTH AND CLIMATE HEALTH. 441353 8170 6888574 1 1 0 1 0 0 1 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 58 0 1 79 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 18 17 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NH X X X TONY CHEEK 6032249945 54 PORTSMOUTH STREET CONCORD NH 03301 ALLYSON HICKS SECRETARY 1.00 X X 0 0 0 DEB BUXTON TRUSTEE 1.00 X 0 0 0 DON FLOYD TRUSTEE 3.00 X 0 0 0 DREW KELLNER CHAIR 3.85 X X 0 0 0 ELIZABETH SALAS EVANS TRUSTEE 1.50 X 0 0 0 GEORGE EPSTEIN TRUSTEE 2.50 X 0 0 0 JACK SAVAGE PRESIDENT 40.00 X X 165204 0 18880 JANET ZELLER TRUSTEE 2.00 X 0 0 0 JASON HICKS TREASURER 1.20 X X 0 0 0 MICHAEL MORISON TRUSTEE 2.00 X 0 0 0 NANCY MARTLAND TRUSTEE 1.00 X 0 0 0 PATRICIA LOSIK TRUSTEE 1.50 X 0 0 0 PETER FAUVER VICE CHAIR 2.50 X X 0 0 0 PHILIP BRYCE TRUSTEE 0.85 X 0 0 0 THOMAS WAGNER TRUSTEE 4.00 X 0 0 0 WILLIAM TUCKER TRUSTEE 2.50 X 0 0 0 JAMESON FRENCH TRUSTEE 3.00 X 0 0 0 SUSAN ARNOLD TRUSTEE 1.00 X 0 0 0 ANNE TRUSLOW VP FOR DEVELOPMENT 40.00 X 110304 0 13386 TONY CHEEK VICE PRESIDENT FOR FINANCE 40.00 X 114831 0 5627 390339 0 37893 3 0 1 0 RANSMEIER & SPELLMAN PO BOX 600 CONCORD NH 03302 LEGAL 114141 1 505255 1529935 7669239 3514350 9704429 FOREST OPERATIONS 110000 577202 577202 REIMBURSEMENT FOR SERVICES 611600 59739 59739 636941 807668 807668 381841 39884 341957 341957 341957 8189109 8189109 0 268724 80927 187797 2341 185456 GAIN ON INSURANCE PROCEEDS 900099 593288 593288 MISCELLANEOUS 900099 3280 3280 596568 12275360 1235850 185456 1149625 X 188596 188596 222968 26470 160350 36148 2482917 1807345 363171 312401 69205 48075 12021 9109 401576 274142 73496 53938 203000 139824 37178 25998 92919 92669 250 29200 29200 833955 699098 133555 1302 102306 100743 1563 171566 88057 30384 53125 70168 65523 2922 1723 30311 16442 13869 61379 61379 271857 253043 18814 DONATED CONSERVATION EA 2212000 2212000 BUILDING AND GROUNDS 391403 376326 14221 856 CONSERVATION EASEMENTS 270000 270000 CREDIT LOSS EXPENSE/PLE 82786 82786 127892 86056 24059 17777 8316004 6888574 913490 513940 939 924 8878135 8392395 2748249 445753 67066 47782 55862 64018 101987 112854 85638213 5233353 73965353 80404860 15596680 17796355 0 75424 101414271 107340365 646215 404605 789304 1721450 110242 80810 1545761 2206865 X 13909787 15776073 85958723 89357427 99868510 105133500 101414271 107340365 X 3959356 1316183 -10549 X X 0 1 X 1 0 X 8575991 9752851 7637372 8768159 9704429 44438802 8575991 9752851 7637372 8768159 9704429 44438802 2759960 41678842 736594 540306 697752 901538 1189509 4065699 48504501 0.85930 0.84580 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3686 41775 45461 8274229 8319690 565985 141496 0 0 383836 441437 457933 565985 1849191 2773787 28435 34056 37522 45461 145474 95959 110359 114483 141496 462297 693446 3215 3344 3511 3686 13756 PART II-A, LINES 1 AND 2 GRASSROOTS LOBBYING IS LARGELY PERFORMED BY ONE FOREST SOCIETY POLICY STAFF ON ISSUES FOR WHICH WE ARE ALSO LOBBYING FEDERAL AND STATE LEGISLATORS. FOR EXAMPLE, TO SUPPORT OUR LEGISLATIVE LOBBYING FOR PUBLIC FUNDING OF LAND CONSERVATION, WE ALLOCATE TIME TO WORK WITH SISTER CONSERVATION ORGANIZATIONS TO REACH OUT DIRECTLY TO VOTERS ASKING THEM TO CONTACT THEIR LEGISLATORS TO SUPPORT SUCH FUNDING INITIATIVES. LEGISLATIVE LOBBYING INCLUDES DIRECT CONTACT WITH FEDERAL AND STATE LEGISLATORS CONCERNING LEGISLATIVE PROPOSALS DEALING WITH PUBLIC POLICIES RELATIVE TO LAND CONSERVATION, FORESTRY, ENERGY, LAND USE, CURRENT USE. OF THE TIME SPENT ON LOBBYING ABOUT 30% IS SPENT ON FEDERAL LEGISLATION AND 70% ON STATE LEGISLATION. X X X X 776 138780.00 0 0 4 2 1 7863.00 394360 1 15596680 1283378 1754775 813478 25000 17796355 15833898 772291 69203 1053712 25000 15596680 17326677 317985 -1028424 757340 25000 15833898 14181285 3838023 667631 25000 17326677 16365951 -869799 1289867 25000 14181285 0.17030 0.63310 0.19660 0 0 71309348 71309348 11475344 3776882 7698462 1376614 545065 831549 921303 658512 262791 555604 252894 302710 80404860 ANNUITIES PAYABLE 80810 80810 X 13712354 1316183 120811 1436994 12275360 0 12275360 8447364 131360 131360 8316004 0 8316004 PART II, LINE 3: 1. ADDITION OF LAND AND AMENDMENT OF TERMS: GREGORY CONNORS AND MARGARET J. CONNORS, THE ORIGINAL GRANTORS OF THE CONSERVATION EASEMENT, DONATED AN ADDITIONAL 15.72 ACRES OF LAND IN SUGAR HILL, NH, AS AN ADDITION. THE ORIGINAL 117-ACRE CONNORS EASEMENT WAS AMENDED TO CREATE ONE COMPREHENSIVE DEED THAT CONTAINS THE FOREST SOCIETY'S MOST CURRENT CE LANGUAGE APPLIED TO ALL THREE PARCELS OF THE CONNORS' CES, INCLUDING THE LATEST ADDITION OF A 15.72-ACRE TRACT AND THE UPDATES TO THE RESERVED RIGHTS. THE AMENDMENT WAS APPROVED BY THE FOREST SOCIETY'S BOARD OF TRUSTEES AND REVIEWED BY OUTSIDE LEGAL COUNSEL, AND A LETTER OF NO ACTION WAS WRITTEN BY THE NH ATTORNEY GENERAL'S OFFICE. 2. ADDITION OF LAND AND AMENDMENT OF TERMS: JOHN W. LANIER 1999 TRUST CE: STEPHEN OSSIAS AND MICHELLE CORMIER OF COLUMBIA, NH, LANDOWNERS OF THE 30-ACRE JOHN W. LANIER 1999 TRUST CONSERVATION EASEMENT, DONATED APPROXIMATELY 10.2 ACRES OF LAND AS AN ADDITION TO THE CONSERVATION EASEMENT. THE EASEMENT TERMS WERE AMENDED TO MORE CLEARLY REQUIRE MAINTENANCE OF A VEGETATIVE BUFFER TO PROTECT WATER QUALITY, SCENIC FEATURES AND RIPARIAN HABITAT. THE ADDITION AND AMENDMENT WAS APPROVED BY THE FOREST SOCIETY'S BOARD OF TRUSTEES AND REVIEWED BY OUTSIDE LEGAL COUNSEL, AND A LETTER OF NO ACTION WAS WRITTEN BY THE NH ATTORNEY GENERAL'S OFFICE. 3. SALE IN LIEU OF CONDEMNATION: HANNAH CE: THE FOREST SOCIETY HOLDS A CONSERVATION EASEMENT ON LAND IN SUGAR HILL KNOWN AS THE HANNAH CE (AKA SKI HEARTH FARM), OWNED BY CLIFFORD HUGHES. THE TOWN OF SUGAR HILL WORKED WITH THE FOREST SOCIETY TO CONDUCT A SALE IN LIEU OF CONDEMNATION OF 0.039 ACRES OF THE PROPERTY FOR THE RELOCATION AND REPLACE THE AMENDMENT WAS APPROVED BY THE FOREST SOCIETY'S BOARD OF TRUSTEES AND REVIEWED BY OUTSIDE LEGAL COUNSEL, AND A LETTER OF NO ACTION WAS WRITTEN BY THE NH ATTORNEY GENERAL'S OFFICE. THE CONSERVATION EASEMENT CONTAINS PURCHASE IN LIEU OF CONDEMNATION LANGUAGE. THE TRANSACTION WAS REVIEWED AND APPROVED BY THE FOREST SOCIETY'S BOARD OF TRUSTEES WITH OVERSIGHT BY OUTSIDE LEGAL COUNSEL. THE NEW HAMPSHIRE ATTORNEY GENERAL'S OFFICE WAS NOTIFIED AFTER THE FACT. 4 AND 5. AMENDMENT: ALT, R. #2 (B) AND ALT, R. #4: THIS AMENDMENT CONSOLIDATED THE LANGUAGE OF 8 SEPARATE CONSERVATION EASEMENT DEEDS INTO TWO MODERN CONSERVATION EASEMENT DEEDS. THE FOREST SOCIETY ONLY HOLDS GRANTEE INTEREST IN 2 PROPERTIES SUBJECT TO THIS AMENDED AND RESTATED CONSERVATION EASEMENT DEED. CHRISTOPHER ALT, NOW THE SOLE OWNER OF THE LAND SUBJECT TO THE 8 ORIGINAL EASEMENT DEEDS, WAS THE ORIGINAL GRANTOR OF SOME OF THE PARCELS. HIS FATHER WAS THE ORIGINAL GRANTOR OF THE MAJORITY OF THE LAND. IN TOTAL, THIS LAND ENCOMPASSES MORE THAN 125 ACRES. AS PART OF THIS AMENDMENT, THE FOREST SOCIETY TOOK ON GRANTEE INTEREST IN THE LARGER CONSOLIDATED DEED (CONTAINING 196 ACRES SUBJECT TO 6 OF THE ORIGINAL EASEMENT DEEDS). THE TOWN OF TAMWORTH ACCEPTED EXECUTORY INTEREST IN THE SAME. THE TERMS OF THE NEWER DEEDS ARE MORE RESTRICTIVE THAN THE ORIGINAL DEEDS AND ADD ADDITIONAL PROTECTIONS THROUGH CLEARER, MODERN LANGUAGE. THE 8 PRE-EXISTING EASEMENTS WERE NOT EXTINGUISHED AND REMAIN IN PLACE UNDERLYING THE AMENDED AND RESTATED CONSERVATION EASEMENT DEED. THE AMENDMENT WAS APPROVED BY THE FOREST SOCIETY'S BOARD OF TRUSTEES AND REVIEWED BY OUTSIDE LEGAL COUNSEL, AND A LETTER OF NO ACTION WAS WRITTEN BY THE NH ATTORNEY GENERAL'S OFFICE. PART II, LINE 9: PURCHASED CONSERVATION EASEMENTS ARE EXPENSED IN THE YEAR THEY ARE PURCHASED AND ARE INCLUDED IN THE EXPENSES FOR THE LAND PROTECTION PROGRAM. THE VALUE OF DONATED CONSERVATIONS EASEMENTS, FOR WHICH A VALUE HAS BEEN ESTABLISHED, IS LISTED IN SCHEDULE M OF THIS RETURN. PART V, LINE 4: FUNDS LISTED AS ENDOWMENT FUNDS ON THIS RETURN INCLUDE ALL INVESTED FUNDS. DONOR RESTRICTED ENDOWMENT FUNDS INCLUDE THOSE THAT USED IN ACCORDANCE WITH THE WISHES OF THE ORIGINAL DONORS AND ARE SUBJECT TO THE FOREST SOCIETY'S SPENDING POLICY. THE FUNDS RESTRICTED TO THE PURCHASE OF FEE INTEREST IN LAND BY THE DONOR'S WISHES ARE ALSO INVESTED UNTIL USED. DONOR RESTRICTED ENDOWMENT FUNDS ALSO INCLUDE THOSE THAT ARE USED FOR THE PURPOSES FOR WHICH THEY ARE INTENDED. DONOR RESTRICTED INVESTMENTS INCLUDE $2,140,258 OF INVESTED RESTRICTED FUNDS AND $1,359,190 OF THE PORTION OF PERPETUAL ENDOWMENT FUNDS SUBJECT TO TIME RESTRICTION UNDER UPMIFA AT APRIL 30, 2024. THE FUNDS WITHOUT DONOR RESTRICTIONS ARE SUBJECT TO THE FOREST SOCIETY'S SPENDING POLICY TO SUPPORT OPERATIONS BUT ARE ALSO AVAILABLE FOR THE ORGANIZATION'S USE SUBJECT TO APPROVAL BY THE BOARD OF TRUSTEES. THE INVESTED FUNDS WITHOUT DONOR RESTRICTIONS ALSO INCLUDES CHARITABLE GIFT ANNUITIES AMOUNTING TO $441,774 AT APRIL 30, 2024. PART X, LINE 2: THE FOREST SOCIETY IS A NOT-FOR-PROFIT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE) WHEREBY ONLY UNRELATED BUSINESS INCOME, AS DESCRIBED BY SECTION 512(A)(1) OF THE CODE, IS SUBJECT TO FEDERAL INCOME TAX. THE FOREST SOCIETY PAYS A NOMINAL AMOUNT OF TAX RELATING TO UNRELATED BUSINESS ACTIVITIES, PRIMARILY FROM GIFT SHOP AND CHRISTMAS TREE SALES. THE FOREST SOCIETY HAS ADOPTED THE PROVISIONS OF FASB ASC 740, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. ACCORDINGLY, MANAGEMENT HAS EVALUATED THE FOREST SOCIETY'S TAX POSITIONS AND CONCLUDED THE FOREST SOCIETY HAD MAINTAINED ITS TAX-EXEMPT STATUS AND HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT OR DISCLOSURE IN THE FINANCIAL STATEMENTS. WITH FEW EXCEPTIONS, THE FOREST SOCIETY IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL OR STATE TAX AUTHORITIES FOR YEARS BEFORE 2021. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF INVENTORY SALES 80,927. RENTAL EXPENSES 39,884. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF INVENTORY SALES 80,927. CHANGE IN PRESENT VALUE OF ANNUITIES 10,549. RENTAL EXPENSES 39,884. 1 AUSBON SARGENT LAND PRESERVATION TRUST PO BOX 2040 NEW LONDON NH 03257 222884768 501C3 6859 0 QUABBIN TO CARDIGAN LAND TRANSACTION GRANT PROGRAM ESSEX COUNTY GREENBELT ASSOCIATION PO BOX 1026 ESSEX MA 01929 042664297 501C3 13000 0 MERRIMACK CONSERVATION PARTNERSHIP LAND TRANSACTION GRANT PROGRAM MONADNOCK CONSERVANCY PO BOX 337 KEENE NH 03431 223030420 501C3 10000 0 QUABBIN TO CARDIGAN LAND TRANSACTION GRANT PROGRAM PISCATAQUOG LAND CONSERVANCY 5A MILL STREET NEW BOSTON NH 03070 237085677 501C3 20918 0 QUABBIN TO CARDIGAN LAND TRANSACTION GRANT PROGRAM MA AUDUBON 208 SOUTH GREAT ROAD LINCOLN MA 01773 042104702 501C3 9000 0 QUABBIN TO CARDIGAN LAND TRANSACTION GRANT PROGRAM TOWN OF BROOKLINE PO BOX 360 BROOKLINE NH 03033 020333986 149 9000 0 MERRIMACK CONSERVATION PARTNERSHIP LAND TRANSACTION GRANT PROGRAM 6 0 PART I, LINE 2: THE FOREST SOCIETY RECEIVES GRANTS FOR THE QUABBIN TO CARDIGAN PARTNERSHIP AND THE MERRIMACK CONSERVATION PARTNERSHIP. THESE GRANTS FUND OTHER PROGRAMS THAT ARE AWARDED THROUGH THE PARTNERSHIPS IN A COMPETITIVE APPLICATION PROCESS. GRANTS ARE AWARDED TO COVER TRANSACTION COSTS INCURRED FOR COMPLETING LAND PROTECTION PROJECTS OR TRAIL, SCIENCE, EDUCATION OR OUTREACH PROJECTS. THE GRANTS REIMBURSE THE AWARDEE ORGANIZATION FOR MONIES ALREADY SPENT TO COMPLETE PROJECTS. COPIES OF PAID INVOICES MUST BE SUBMITTED BEFORE FUNDS ARE DISBURSED TO THE GRANTEE. X X X 0 0 0 0 0 0 0 0 0 JACK SAVAGE PRESIDENT 165204 0 0 0 0 0 6541 0 12339 0 184084 0 0 0 X 9 3461650 APPRAISAL 4 0 1 0 FORM 990, PART VI, SECTION A, LINE 6 THE FOREST SOCIETY IS A NON-PROFIT MEMBERSHIP ORGANIZATION THAT CURRENTLY HAS 8,958 MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS ELECT THE BOARD SECRETARY AT THEIR ANNUAL MEETING. THE CANDIDATE FOR BOARD SECRETARY IS RECOMMENDED BY THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD'S AUDIT COMMITTEE REVIEWS THE 990 AND 990-T IN DETAIL AT A SCHEDULED COMMITTEE MEETING. ONCE THE COMMITTEE IS SATISFIED THAT THE FORMS ARE COMPLETE, THEY ARE FORWARDED TO THE BOARD FOR REVIEW AND COMMENT. AT A SPECIAL BOARD MEETING THE BOARD VOTES TO ACCEPT THE 990 AND 990-T AFTER WHICH THE STAFF FILES THE FORMS. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY OUR TRUSTEES ARE ASKED TO SIGN A FORM ABOUT ANY POTENTIAL CONFLICTS. IN ADDITION TO FILLING OUT THE FORM, THE PROCESS REMINDS TRUSTEES ABOUT OUR POLICY. WHEN POTENTIAL TRUSTEES ARE ASKED TO CONSIDER JOINING THE BOARD, THEY ARE GIVEN THE "ROLES AND RESPONSIBILITIES" DOCUMENT WHICH OUTLINES OTHER RESPONSIBILITIES OF THE INDIVIDUAL TRUSTEE AND THE BOARD AS A WHOLE, INCLUDING CONFLICT OF INTEREST. IT ALSO INSTRUCTS BOARD MEMBERS TO READ AND BE CONVERSANT WITH THE NH ATTORNEY GENERAL'S OFFICE GUIDEBOOK FOR NH CHARITABLE NON-PROFIT ORGANIZATIONS. AT THE START OF EVERY BOARD AND COMMITTEE MEETING THERE IS A REMINDER THAT CONFLICTS OF INTEREST MUST BE DISCLOSED AND BOARD/COMMITTEE MEMBERS ARE ASKED IF THEY HAVE ANY CONFLICTS TO REPORT. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT (CEO) IS THE ONLY OFFICER WHO IS PAID. THE COMPENSATION FOR THE CEO IS SET BY THE BOARD OF TRUSTEES AFTER A PROCESS OF REVIEW BY BOTH A SUB-COMMITTEE APPOINTED BY THE CHAIR AND THE FULL BOARD. REGULARLY, SALARIES OF OTHER NON-PROFIT CEO'S ARE REVIEWED FOR COMPARISON. THE CEO PROVIDES ANNUAL GOALS AND A SELF-EVALUATION. THE BOARD CHAIR SUMMARIZES THE DELIBERATIONS OF THE BOARD IN A LETTER TO THE CEO. FORM 990, PART VI, SECTION C, LINE 19 AUDITED FINANCIAL STATEMENTS AND 990'S FOR THE MOST CURRENT THREE YEARS ARE AVAILABLE ON THE FOREST SOCIETY'S WEBSITE OR BY REQUESTING COPIES FROM THE FINANCE DIRECTOR. THE ORGANIZATION'S BYLAWS, WHICH INCLUDE A CONFLICT OF INTEREST STATEMENT, ARE ALSO AVAILABLE ON THE FOREST SOCIETY'S WEBSITE. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 699,098. MANAGEMENT AND GENERAL EXPENSES 133,555. FUNDRAISING EXPENSES 1,302. TOTAL EXPENSES 833,955. FORM 990, PART IX, LINE 24E PROGRAM AND EVENT EXPENSES: PROGRAM SERVICE EXPENSES 50,292. MANAGEMENT AND GENERAL EXPENSES 16,881. FUNDRAISING EXPENSES 783. TOTAL EXPENSES 67,956. SUBSCRIPTIONS: PROGRAM SERVICE EXPENSES 28,707. MANAGEMENT AND GENERAL EXPENSES 2,870. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 31,577. BANK FEES: PROGRAM SERVICE EXPENSES 4,018. MANAGEMENT AND GENERAL EXPENSES 1,624. FUNDRAISING EXPENSES 14,900. TOTAL EXPENSES 20,542. MISCELLANEOUS EXPENSE: PROGRAM SERVICE EXPENSES 1,263. MANAGEMENT AND GENERAL EXPENSES 2,684. FUNDRAISING EXPENSES 2,094. TOTAL EXPENSES 6,041. UNRELATED BUSINESS INCOME TAX: PROGRAM SERVICE EXPENSES 1,776. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,776. FORM 990, PART XI, LINE 9: CHANGE IN PRESENT VALUE OF ANNUITIES -10,549. FORM 990, PART XII, LINE 2C: NO CHANGE FROM PRIOR YEARS.