2019-12-02T13:36:25-06:00 2019-06-30 271155496 ROBERT LEE & ASSOCIATES LLP 999 W TAYLOR STREET SAN JOSE CA 95126 990 2018-07-01 942392007 PENINSULA OPEN SPACE TRUST PENI 6508547696 222 HIGH STREET PALO ALTO CA 94301 WALTER T MOORE PRESIDENT 6508547696 2019-11-25 1 SCOTT R SMEAD P01208759 4088556770 64.62.180.2 2019-11-25 11:19:35 PS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 FD2D8D7C97317CA769409C76C295A9F44AD1DDCC 2018 2020-04-17 16:48:07Z WALTER T MOORE 222 HIGH STREET PALO ALTO CA 94301 107666746 0 X HTTP://WWW.OPENSPACETRUST.ORG/ X 1977 CA POST PROTECTS OPEN SPACE ON THE PENINSULA AND IN THE SOUTH BAY FOR THE BENEFIT OF ALL. 18 18 56 233 0 0 17973205 21080133 379723 326297 13326601 9669314 48271 609256 31727800 31685000 290872 1195957 0 0 5512399 6576655 0 0 2873227 7707920 19351615 13511191 27124227 18216609 4560773 313798609 315775082 11948825 11785303 301849784 303989779 X PENINSULA OPEN SPACE TRUST (POST) PROTECTS OPEN SPACE ON THE PENINSULA AND IN THE SOUTH BAY FOR THE BENEFIT OF ALL. POST IS CREATING A NETWORK OF PROTECTED LANDS WHERE PEOPLE AND NATURE CONNECT AND THRIVE. THESE LANDS ARE PRESERVED FOREVER SO PRESENT AND FUTURE GENERATIONS BENEFIT FROM THE CAREFUL BALANCE OF RURAL AND URBAN LANDSCAPES THAT MAKE OUR REGION EXTRAORDINARY. 0 0 15989688 1002638 LAND ACQUISITION AND TRANSFER:IN FISCAL YEAR 2019, POST CONTINUED TO ADDRESS URGENT CONSERVATION NEEDS BY COMPLETING EIGHT (8) LAND TRANSACTIONS, BRINGING OUR TOTAL PROTECTED ACRES TO 77,531 ACRES.IN AUGUST 2018, POST TRANSFERRED THE APPROXIMATELY 10-ACRE PROPERTY, KNOWN AS VIDA VERDE, LOCATED IN SAN MATEO COUNTY, TO THE NON-PROFIT VIDA VERDE NATURE EDUCATION. THE TWO HOUSES LOCATED ON THE PROPERTY WILL SERVE AS SUPPORT STAFF HOUSING FOR THE NON-PROFIT WHOSE MISSION IS "TO PROMOTE EDUCATIONAL EQUITY BY PROVIDING FREE, OVERNIGHT ENVIRONMENTAL LEARNING EXPERIENCES FOR STUDENTS WHO DON'T OTHERWISE GET THE OPPORTUNITY." THE PROPERTY CONTAINS A SEGMENT OF SAN GREGORIO CREEK WHICH IS PROTECTED BY A RIPARIAN CONSERVATION EASEMENT HELD BY MROSD. IN NOVEMBER 2018, POST PARTNERED WITH THE SANTA CLARA VALLEY OPEN SPACE AUTHORITY (OSA) AND ASSISTED IN THE PROTECTION OF APPROXIMATELY 159 ACRES OF OPEN SPACE, KNOWN AS THE GEIGER PUNCH BOWL, IN THE COUNTY OF SANTA CLARA. POST ENTERED INTO THE PURCHASE AND SALE AGREEMENT WITH THE GEIGER FAMILY TRUST AND LATER TRANSFERRED THE PURCHASE AND SALE AGREEMENT TO THE OSA. THE OSA CLOSED ON THE PROPERTY TAKING FEE TITLE TO THE LAND. THE PROPERTY FEATURES DIVERSITY IN TOPOGRAPHY AND NATIVE HABITAT TYPES, INCLUDING SERPENTINE HARDWOODS, OAK WOODLAND, AND CALIFORNIA BAY LAUREL FORESTS. THE PROTECTION OF THE PROPERTY SECURED CONNECTIVITY BETWEEN THE RANCHO CANADA DEL ORO OPEN SPACE PRESERVE AND THE SIERRA AZUL OPEN SPACE PRESERVE, AS WELL AS BEING DIRECTLY ADJACENT TO BARRETT CREEK CANYON AND TWIN CREEKS PROTECTED IN FY 2018.IN JANUARY 2019, POST TRANSFERRED THE APPROXIMATELY 326 ACRES, KNOWN AS BARRETT CANYON AND LOCATED IN SANTA CLARA COUNTY, TO THE SANTA CLARA VALLEY OPEN SPACE AUTHORITY. BARRETT CANYON SERVES AS A LYNCHPIN FOR CONNECTING AND CLOSING THE GAP BETWEEN THREE PARKS, SIERRA AZUL OPEN SPACE PRESERVE, ALMADEN QUICKSILVER COUNTY PARK, AND RANCHO CANADA DEL ORO OPEN SPACE PRESERVE, FURTHER ENHANCING AN IMPORTANT EAST-WEST WILDLIFE TRAIL CORRIDOR. IN MARCH 2019, POST ACQUIRED APPROXIMATELY 615 ACRES OF REDWOOD FOREST, KNOWN AS VALENCIA CREEK FOREST, LOCATED IN THE COUNTY OF SANTA CRUZ. IDENTIFIED AS "HIGHLY SUITABLE FOR CONSERVATION" BY THE CONSERVATION LANDS NETWORK, THE PROPERTY IS ONE OF THE 10 LARGEST PRIVATELY-HELD TRACTS OF REDWOODS IN SANTA CRUZ COUNTY AND CONTAINS THE UPPER REACHES OF VALENCIA CREEK WHICH PROVIDES DRINKING WATER TO THE TOWN OF APTOS. THE CREEK HAS THE POTENTIAL TO BE RESTORED AS STEELHEAD AND COHO SALMON HABITAT.IN MARCH 2019, POST ACQUIRED APPROXIMATELY 320 ACRES OF REDWOOD FOREST, KNOWN AS GAZOS CREEK REDWOODS, LOCATED IN THE COUNTY OF SAN MATEO FROM VALENCIA CREEK FOREST, LLC, AN ENTITY AFFILIATED WITH BIG CREEK LUMBER. GAZOS CREEK REDWOODS IS LOCATED WITHIN THE PRISTINE AND UNDEVELOPED GAZOS CREEK WATERSHED AND ABUTS BUTANO STATE PARK. THE WATERSHED HAS BEEN IDENTIFIED BY THE STATE COASTAL CONSERVANCY AND THE CALIFORNIA DEPARTMENT OF FISH AND WILDLIFE AS AN IMPORTANT HABITAT FOR ENDANGERED COHO SALMON AND STEELHEAD TROUT. THE PROPERTY CONTAINS SEVERAL ACRES OF OLD GROWTH REDWOODS WHICH PROVIDE SUITABLE HABITAT FOR THE FEDERALLY PROTECTED SPECIES MARBLED MURRELET, WHICH HAVE BEEN OBSERVED NESTING ON THE PROPERTY. IN MARCH 2019, POST TRANSFERRED THE APPROXIMATELY 615-ACRE REDWOOD FOREST, KNOWN AS VALENCIA CREEK FOREST AND LOCATED IN THE COUNTY OF SANTA CRUZ, TO VALENCIA CREEK FOREST, LLC, AN ENTITY AFFILIATED WITH BIG CREEK LUMBER. IN CONJUNCTION WITH THIS TRANSFER, POST RECORDED A WORKING FOREST CONSERVATION EASEMENT (WFCE), THE FIRST OF ITS KIND OVER LAND OWNED BY A TIMBER COMPANY IN THE SANTA CRUZ MOUNTAINS. THE WFCE REMOVES THE POTENTIAL FOR DEVELOPMENT OF UP TO 11 HOMES, REQUIRES SUSTAINABLE TIMBER HARVEST BELOW ALLOWABLE LEVELS UNDER CA STATE LAWS, AND SETS ASIDE A 13-ACRE OLD GROWTH RESERVE AREA CONTAINING 100-YEAR OLD REDWOOD TREES WHERE NO HARVESTING IS ALLOWED.IN MAY 2019, POST, IN PARTNERSHIP WITH SEMPERVIRENS FUND, ACQUIRED APPROXIMATELY 320 ACRES OF REDWOOD FORESTS IN THE SANTA CRUZ MOUNTAINS, KNOWN AS THE FILICE RANCH, AND FILLED IN A SIGNIFICANT INHOLDING OF SAN VICENTE REDWOODS. THE PROPERTY IS NOW JOINTLY HELD BETWEEN SEMPERVIRENS FUND AND POST. THE PROPERTY IS AT THE HEADWATERS OF SCOTT CREEK AND CONTAINS A DIVERSITY OF HABITAT TYPES RANGING FROM REDWOODS, GRASSLAND, TO OAK TREES. IN MAY 2019, POST TRANSFERRED THE APPROXIMATELY 32 ACRES OF FARMLAND ADJACENT TO THE ANDREOTTI FAMILY FARM LOCATED IN SAN MATEO COUNTY. SIMULTANEOUSLY, WITH THE TRANSFER TO THE ANDREOTTI FAMILY FARM, POST RECORDED AN AGRICULTURAL CONSERVATION EASEMENT THAT ENCUMBERED THE TRANSFERRED LAND ALONG WITH AN ADDITIONAL 37 ACRES OWNED BY THE ANDREOTTI'S. THIS PROTECTION OF FARMLAND ENSURES THAT THE ANDREOTTI FAMILY FARM, AND FUTURE FARMERS, CAN CONTINUE AGRICULTURAL ACTIVITIES AT THIS UNIQUE LOCATION WITHIN THE CITY LIMITS OF HALF MOON BAY.IN JUNE 2019, POST PARTNERED WITH THE SANTA CLARA VALLEY OPEN SPACE AUTHORITY (OSA) AND ASSISTED IN THE PROTECTION OF APPROXIMATELY 242 ACRES IN SANTA CLARA COUNTY, CONTRIBUTING FUNDS TO THE ACQUISITION BY THE OSA. THE PROPERTY IS ADJACENT TO THE GEIGER PUNCH BOWL PROPERTY ACQUIRED IN 2018 BY THE OSA. THE PROTECTION OF THE PROPERTY FURTHER SECURES THE CONNECTION BETWEEN RANCHO CANADA DEL ORO OSP AND THE SIERRA AZUL OSP AS WELL AS CONTAINS PRIORITY FOCAL GEOGRAPHIES KEY FOR THE WILDLIFE LINKAGES PROGRAM. THE PROPERTY FEATURES DIVERSITY OF TOPOGRAPHY AND NATIVE HABITAT TYPES INCLUDING, SERPENTINE, OAK WOODLAND AND CALIFORNIA BAY LAUREL FOREST 3733177 193319 241235 LAND MANAGEMENT:POST CURRENTLY HOLDS 19,429 ACRES IN FEE OWNERSHIP AND HOLDS CONSERVATION EASEMENTS AND DEED RESTRICTIONS ON 14,458 ACRES.THE ORGANIZATION HAS AN ESTABLISHED STEWARDSHIP PROGRAM FOR THE LANDS IT OWNS THAT INCLUDES RESOURCE CONSERVATION PLANNING AND MANAGEMENT, ALONG WITH ACTIVE USES OF LAND FOR CONSERVATION GRAZING AND AGRICULTURE, SUSTAINABLE FOREST MANAGEMENT AND RESTORATION WHERE APPROPRIATE, AND DEVELOPMENT OF COMPATIBLE RECREATIONAL OPPORTUNITIES. POST WORKS TO PROTECT AND MANAGE LANDS IN ITS POSSESSION THROUGH SITE-SPECIFIC STEWARDSHIP PLANS FOR THE NATURAL RESOURCES ON EACH PROPERTY. POST STAFF AND VOLUNTEERS ACTIVELY MONITOR THE ACREAGE ON WHICH POST HOLDS EASEMENTS OR RESTRICTIONS. VOLUNTEERS ALSO ASSIST WITH STEWARDSHIP PROJECTS ON POST-OWNED LAND. IN TOTAL, POST STEWARDSHIP VOLUNTEERS CONTRIBUTED AN IMPRESSIVE 1,314 HOURS OF WORK TIME IN 2019 MONITORING POST-OWNED LANDS, PARTICIPATING IN HIGHWAY CLEAN-UPS, AND MAPPING AND TREATING INVASIVE PLANTS THAT DEGRADE NATURAL SYSTEMS THROUGHOUT OUR WORKING AREA.OTHER LAND MANAGEMENT ACCOMPLISHMENTS ACROSS PROGRAMS INCLUDE THE FOLLOWING:- FARMLAND- FARMWORKER HOUSING: IN CONJUNCTION WITH THE SAN MATEO COUNTY FARMWORKER HOUSING PILOT PROGRAM AND FARMERS, POST BEGAN PLANNING AND PERMITTING FARMWORKER HOUSING PROJECTS ON TWO POST-OWNED FARMS. THIS SUPPORTS OUR GOAL OF PRESERVING AGRICULTURAL LAND WHILE ALSO PROVIDING THE NECESSARY INFRASTRUCTURE ON THOSE LANDS FOR FARMING OPERATIONS. CONFINED TO A SMALL FOOTPRINT WITHIN THE PROPERTY, THE HOUSING PROJECTS HELP ENSURE THAT FARMERS CAN RETAIN TRAINED FARMWORKERS CRITICAL TO THEIR ONGOING OPERATIONS IN A REGION WHERE THERE IS A SIGNIFICANT SHORTAGE OF FARM LABOR HOUSING.- AGRICULTURAL WATER SUPPLY SUSTAINABILITY: IN PARTNERSHIP WITH THE SAN MATEO COUNTY RESOURCE CONSERVATION DISTRICT (RCD), POST COMPLETED EXPANSION OF AN AGRICULTURAL RESERVOIR ON SAN GREGORIO FARMS. THIS PROJECT NOT ONLY ENHANCES THE RESILIENCY OF THE FARMING OPERATION TO DROUGHT, IT ALSO IMPROVES CONDITIONS FOR ANADROMOUS FISH IN THE ADJACENT CREEK BY REQUIRING THE FARMER TO STOP WITHDRAWALS FROM THE CREEK FOR THREE MONTHS IN THE DRY SUMMER SEASON, SOMETHING THAT IS ONLY POSSIBLE WITH THE EXPANDED CAPACITY OF THE NEW RESERVOIR. PLANNING AND PERMITTING WERE COMPLETED FOR A SECOND AGRICULTURAL POND AT POST'S BUTANO FARMS; CONSTRUCTION IS UNDERWAY AND COMPLETED IN THE SUMMER OF 2019. IN ADDITION TO INCREASING THE SUSTAINABILITY OF THE ORGANIC FARMING OPERATION AT BUTANO FARMS, THIS POND WILL ALSO PROVIDE MUCH NEEDED WATER FOR CATTLE ON ADJACENT GRAZING LAND ON POST'S PROPERTY.- ADDITIONAL AGRICULTURAL INFRASTRUCTURE: POST PARTNERED WITH FARMERS AND RANCHERS ON POST LANDS TO RESTORE TWO BARNS (ONE WAS COMPLETED AND A SECOND IS UNDERWAY) AND PERMIT TWO FARM STANDS. THESE STRUCTURES ARE ESSENTIAL FOR ENSURING LONG-TERM SUSTAINABILITY OF AGRICULTURAL OPERATIONS ON THE COAST, BY ALLOWING TENANTS TO GROW THEIR OPERATIONS AND DIVERSIFY THEIR BUSINESSES WITH MORE CUSTOMER-ORIENTED SERVICES.- PUBLIC ACCESS: - TUNITAS CREEK BEACH: IN PARTNERSHIP WITH SAN MATEO COUNTY, POST CONTINUED PLANNING FOR SAFE AND SUSTAINABLE PUBLIC ACCESS AT TUNITAS CREEK BEACH. THE COUNTY CONTINUES TO MANAGE THE BEACH, SIGNIFICANTLY REDUCING ILLEGAL ACTIVITIES THAT WERE DEGRADING THE COASTAL BLUFFS, TUNITAS CREEK, AND HABITAT ON THE BEACH FOR ENDANGERED SNOWY PLOVER. WE ALSO CONVENED A COMMUNITY ADVISORY COMMITTEE COMPRISED OF 14 COMMUNITY MEMBERS REPRESENTING A BROAD SPECTRUM OF STAKEHOLDERS ON THE SAN MATEO COAST. THE COMMITTEE MET MONTHLY OVER SIX MONTHS AND PROVIDED VALUABLE INPUT ON PRIORITY ISSUES TO ADDRESS IN OUR PLANNING PROCESS AT TUNITAS CREEK BEACH. THE COUNTY, WITH INPUT FROM POST AND THE STATE COASTAL CONSERVANCY, HIRED A CONSULTING FIRM TO LEAD THIS PLANNING PROCESS, WHICH WILL LAUNCH EARLY IN FY20. - BAY TO SEA TRAIL: POST INITIATED THE DEVELOPMENT OF A BAY TO SEA TRAIL PLANNING COALITION TO BRING TOGETHER THE CRITICAL PARTNERS NEEDED TO TURN THIS PROJECT'S CONCEPT INTO AN ORGANIZED PLANNING EFFORT. POST FACILITATED REGULAR MEETINGS OF THE PLANNING COALITION WHICH IS MADE UP OF TEN (10) LAND MANAGEMENT AGENCY AND ORGANIZATION PARTNERS. TOGETHER WE DEVELOPED A PROJECT CHARTER DOCUMENTING A SHARED PROJECT VISION AND A LETTER OF INTENT DOCUMENTING A SHARED (NON-BINDING) AGREEMENT TO COLLABORATE ON THE PLANNING, DESIGN AND DEVELOPMENT OF THIS MULTI-DECADE TRAIL PROJECT. - REDWOODS:- SAN VICENTE REDWOODS RESTORATION PROJECTS: POST COMPLETED RESTORATION FORESTRY TREATMENTS ON ABOUT 200-ACRES IN THE DEADMAN GULCH. THIS TREATMENT WILL HELP ACCELERATE THE DEVELOPMENT OF OLD-GROWTH FOREST CONDITIONS ON THE PROPERTY THAT PROVIDE CRITICAL HABITAT FOR ENDANGERED MARBLED MURRELET, A RARE SEABIRD THAT NESTS ON THE LIMBS OF LARGE OLD TREES. OTHER RESTORATION EFFORTS INCLUDE IMPLEMENTATION OF THE SECOND YEAR (OF THREE) OF A MAJOR INVASIVE SPECIES ERADICATION EFFORT TO ELIMINATE CLEMATIS VITALBA, A PERNICIOUS WEEDY VINE THAT FORMS DENSE MATS AND BLANKETS TREES AND IS KNOWN ONLY TO BE PRESENT ONLY IN THIS WATERSHED AND ONE OTHER IN CALIFORNIA. UPGRADES TO IMPROVE ACCESS AND REDUCE SEDIMENTATION IN STREAMS WERE MADE TO OVER SIX MILES OF ROADS USING RECYCLED WASTE ROCK FROM AN OLD QUARRY ON THE PROPERTY, SIGNIFICANTLY REDUCING BOTH COSTS AND CARBON EMISSIONS ASSOCIATED WITH THE PROJECT. - WILDLIFE LINKAGES- BARRETT CANYON: INITIATED RESTORATION OF THE BARRETT CREEK WATERSHED THROUGH THE REMOVAL OF 4 ABANDONED AND DEGRADED UNPERMITTED CABINS ALONG THE CREEK. REMOVAL OF THESE STRUCTURES REDUCES MAJOR SOURCES OF POTENTIAL CONTAMINATION TO THE PERENNIAL STREAM ADJACENT TO RANCHO CANADA DEL ORO.- WILDLIFE STUDIES: POST COMPLETED ITS TWO-YEAR STUDY WITH THE UC-SANTA CRUZ PUMA PROJECT AND PATHWAYS FOR WILDLIFE TO TRACK THE MOVEMENT OF BOBCATS IN AND AROUND COYOTE VALLEY USING TELEMETRY AND CAMERA TRACKING. IN ADDITION, POST LAUNCHED A SECOND MULTI-YEAR WILDLIFE CONNECTIVITY STUDY WITH NUMEROUS PARTNERS TO BETTER UNDERSTAND WILDLIFE MOVEMENT WITHIN AND TO/FROM THE SOUTHERN SANTA CRUZ MOUNTAINS. THE INFORMATION GATHERED THROUGH THESE STUDIES IS PROVIDING ESSENTIAL DATA TO DRIVE OUR CONSERVATION STRATEGIES AND INVESTMENTS IN THIS AREA. FINALLY, WE INSTALLED A WILDLIFE CAMERA ARRAY AS WELL AS A SERIES OF ACOUSTIC MONITORING STATIONS AT SAN VICENTE REDWOODS IN ORDER TO PROVIDE US WITH BASELINE DATA ABOUT WILDLIFE POPULATIONS ON THE PROPERTY IN ADVANCE OF THE INTRODUCTION OF PUBLIC ACCESS WITHIN THE NEXT COUPLE OF YEARS. THE MONITORING WILL CONTINUE FOR SEVERAL YEARS ALLOWING US TO MONITOR CHANGES OVER TIME AND ADAPTIVELY MANAGE PUBLIC ACCESS ON THE PROPERTY TO MINIMIZE IMPACTS ON LOCAL WILDLIFE POPULATIONS.- MONTEREY ROAD WILDLIFE CONNECTIVITY ASSESSMENT: POST COMPLETED A REPORT ASSESSING THE IMPACT A REGIONAL HIGHWAY HAS ON WILDLIFE. RESEARCH HAS ILLUSTRATED THAT MONTEREY ROAD, A FOUR-LANE ROAD RUNNING PARALLEL TO HIGHWAY 101, IS THE GREATEST THREAT TO WILDLIFE. THE REPORTPROVIDES DATA-DRIVEN RECOMMENDATIONS TO REDUCE WILDLIFE-VEHICLE COLLISIONS AND BOLSTER THE ECOLOGICAL HEALTH OF OUR REGION. 1916446 85062 COMMUNITY OUTREACH AND EDUCATION:TO FURTHER OUR COMMUNITY GROWTH AND ENGAGEMENT EFFORTS, IN FISCAL YEAR 2019 THE ORGANIZATION CONTINUED OUR CONTENT MARKETING PROGRAMS AND COMMUNITY ENGAGEMENT PROGRAMS IN ORDER TO GROW OUR COMMUNITY AND ENGAGE PROSPECTIVE DONORS. BETWEEN NEW PIECES, AND REVISIONS TO EXISTING CONTENT, WE CIRCULATED OVER 40+ INFORMATIONAL PIECES INCLUDING GUIDES, BLOG POSTS, AND PRESS RELEASES. IN THIS WAY, WE ATTRACTED OVER 33,000 NEW COMMUNITY MEMBERS TO OUR EMAIL LIST.ADDITIONALLY, WE IMPLEMENTED TWO ALL-DIGITAL DONOR CONVERSION CAMPAIGNS USING OUR NEW SALESFORCE AND PARDOT MARKETING AUTOMATION PLATFORM. OUR AUGUST 2019 ALL DIGITAL 100 DONOR CHALLENGE CAMPAIGN WAS TARGETED AT 42,000 NAMES IN OUR DATABASE AND DELIVERED A .55% DONOR CONVERSION RATE NEARLY DOUBLE THE RATE WE SAW IN FY 18. THE CAMPAIGN GENERATED 233 GIFTS. A SMALL DIGITAL CAMPAIGN WAS INCLUDED IN OUR FISCAL YEAR END MATCH CAMPAIGN WHICH CONTRIBUTED 9 NEW DONORS AND $1,635 IN GIFTS.COMMUNITY MEMBERS AND DONORS CONTINUED TO BENEFIT AND STAY CONNECTED TO POST THROUGHOUT THE YEAR VIA OUR MONTHLY NEWSLETTERS AND OUTREACH EVENTS. WE HOSTED OVER 50 OUTREACH EVENTS OF VARIOUS TYPES (SPONSORED EVENTS, HIKES, FAMILY EVENTS AND OTHERS) AT WHICH WE MET OVER 6,300 COMMUNITY MEMBERS AND DONORS, 4,900 OF WHICH WERE BRAND NEW TO POST. THIS INCLUDES OUR ANNUAL WALLACE STEGNER LECTURE SERIES WHICH IN 2019 INCLUDED PRIZE WINNING AUTHOR VANDANA SHIVA, NATIONAL GEOGRAPHIC PHOTOGRAPHER AND FOUNDER OF THE PHOTO ARC PROJECT, JOEL SARTORE, AND CNN COMMENTATOR AND AUTHOR VAN JONES. WE MET OVER 1,600 INDIVIDUALS AT THESE LECTURES. OUR PUBLIC RELATIONS EFFORTS RESULTING IN POST APPEARING ON THE FRONT PAGE OF 3 LOCAL PAPERS (SAN JOSE MERCURY NEWS, SAN MATEO DAILY JOURNAL, AND HALF MOON BAY REVIEW) 6 TIMES IN FY 2019 WITH OUR ANNOUNCEMENTS OF THE VALENCIA AND GAZOS CREEK PROPERTIES, FARM LABOR HOUSING AND THE ANDREOTTI FARM TRANSACTION. WE BENEFITED FROM 7 DIFFERENT TELEVISION STORIES ABOUT THE SAME STORIES.POST ALSO PRODUCED AND DELIVERED THREE ISSUES OF OUR LANDSCAPES MAGAZINE THIS YEAR AND DISTRIBUTED EACH TO OVER 9,200 DONORS. 21639311 1 1 0 1 0 0 1 0 0 1 1 0 0 1 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 0 0 0 0 1 0 1 0 1 86 0 1 56 1 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 X 18 18 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA FL GA NM NY NC OK OR TN VA MD PA CT WI IL HI CO WA MA MI MO NJ X X MARK STEVENS 6508547696 222 HIGH STREET PALO ALTO CA 94301 DENNIS DEBROECK CHAIRMAN & DIRECTOR 5.00 X X 0 0 0 KIM YOUNG DIRECTOR 3.00 X 0 0 0 ANDREW BOSWORTH VICE CHAIRMAN & DIRECTOR 3.00 X X 0 0 0 BRAD O'BRIEN DIRECTOR 4.00 X 0 0 0 CHRISTY HOLLOWAY DIRECTOR 2.00 X 0 0 0 JOHN CHAMBERLAIN DIRECTOR 3.00 X 0 0 0 JAN GARROD DIRECTOR 4.00 X 0 0 0 JEN LYNCH DIRECTOR 3.00 X 0 0 0 MATT MILLER DIRECTOR 4.00 X 0 0 0 RAJ MASHRUWALA DIRECTOR 2.00 X 0 0 0 ROD FERGUSON DIRECTOR 2.00 X 0 0 0 SANJAY VASWANI DIRECTOR 2.00 X 0 0 0 SANDI THOMPSON DIRECTOR 3.00 X 0 0 0 EMERICK WOODS DIRECTOR 2.00 X 0 0 0 SEAN DEMPSEY DIRECTOR 3.00 X 0 0 0 SUZANNE SULLIVAN DIRECTOR 3.00 X 0 0 0 WENDE HUTTON DIRECTOR 2.00 X 0 0 0 KARIE THOMSON SECRETARY 1.00 X 0 0 0 WALTER T MOORE PRESIDENT 40.00 X 320002 0 53134 HEATHER KANTOR TREASURER & CFO (TO JULY '18) 40.00 X 372505 0 45037 CURTIS RIFFLE VICE PRESIDENT, LAND STEWA 40.00 X 240854 0 13515 MARTHA TEDESCO VICE PRESIDENT OF MARKETIN 40.00 X 178442 0 52100 GORDON CLARK SENIOR DIRECTOR OF DEVELOP 40.00 X 175853 0 29745 MARK STEVENS TREASURER & CFO (FROM OCT '18) 40.00 X 52948 0 2502 DIANE CORDOVA CHIEF TALENT OFFICER 34.00 X 151868 0 22425 DAN OLSTEIN DIRECTOR OF LAND PROGRAMS 40.00 X 129231 0 20941 NOELLE THURLOW DIRECTOR OF LAND PROGRAMS 40.00 X 136241 0 25261 JEANINE CRIDER DIRECTOR OF PLANNED GIVING 40.00 X 136225 0 24735 JENNIFER KOEPCKE DIRECTOR OF INSTITUTIONAL ENGAGEMENT 40.00 X 132769 0 14805 2026938 0 304200 10 0 1 0 BIG CREEK LUMBER 111 MAIN STREET HALF MOON BAY CA 94019 ROAD MAINTENANCE 423556 NORTH COAST REMEDIATION INC 340 WOODPECKER RDG SANTA CRUZ CA 950609797 ROAD MAINTENANCE - AGGREGATE PRODUCTION 403561 GO NATIVE INC PO BOX 370103 MONTARA CA 94037 ROADWORK, INVASIVE SPECIES REMOVAL, MAIN 362360 NADIA HAMEY 247 SUNLIT LANE SANTA CRUZ CA 95060 FORESTRY SERVICES, SECURITY, INVASIVES C 244358 SHUTE MIHALY & WEINBERGER LLP 396 HAYES STREET SAN FRANCISCO CA 94102 LEGAL SERVICES 229630 13 1847393 19232740 5316547 21080133 RENTAL INCOME 900002 241235 241235 LECTURE SERIES INCOME 611600 85062 85062 326297 4302881 4302881 81348179 75981746 5366433 5366433 5366433 OTHER INCOME 900099 609256 609256 609256 31685000 326297 0 10278570 X 1195957 1195957 1566600 639783 614552 312265 4072713 2115058 620988 1336667 190170 98061 26758 65351 467772 241972 72745 153055 279400 145027 42521 91852 395962 386120 9842 49344 49344 73450 73450 402937 402937 2992233 2046982 570316 374935 363233 113256 24156 225821 82641 41166 14490 26985 54999 54999 33356 15599 14227 3530 131531 66257 35703 29571 45358 9727 35631 168189 83361 29636 55192 93647 66704 26943 LAND/EASEMENT TRANSACTI 11598082 11598082 LAND MAINTENANCE 1860256 1855658 2071 2527 PROPERTY TAXES 293237 289902 3335 LOSS ON LOAN 279709 279709 433451 222481 18829 192141 27124227 21639311 2611689 2873227 821366 769161 6870559 2738009 1416385 1145387 21600000 24236657 358552 299966 6654745 1466364 5325155 5188381 165970677 174429985 7597125 7641276 103838790 99326260 313798609 315775082 1676600 1840604 3895534 3851099 6376691 6093600 11948825 11785303 X 289451830 295084270 11847454 8355009 550500 550500 301849784 303989779 313798609 315775082 4560773 -2420778 0 X X 0 1 X 1 0 X 6067462 16588517 8893966 18040772 21080133 70670850 6067462 16588517 8893966 18040772 21080133 70670850 6631002 64039848 3067889 3349902 3959129 4707962 4629178 19714060 90384910 0.70850 0.68760 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 73450 73450 27050777 27124227 1000000 250000 0 0 790107 894073 825560 1000000 3509740 5264610 62000 62000 262000 73450 459450 197527 223518 206390 250000 877435 1316153 FORM 990, SCHEDULE C, PART II-A: $49,950 FOR SAN JOSE MEASURE T - SAFER SAN JOSE, $5,000 FOR CONSERVATION ACTION FUND POLLING ON SB45 FRAMING LANGUAGE AND $18,500 PAYMENT TO LOBBYING CONSULTANTS. X X X 35 14371.60 1 1 1354.00 69703 758252 33030 23787 767495 717950 61902 21600 758252 676966 63058 22074 717950 697739 164 20937 676966 705715 17414 25390 697739 0.72000 0.28000 0 0 2351899 2351899 3953265 1190600 2762665 332045 275764 56281 17536 17536 5188381 OTHER RECEIVABLE 39553 ASSET OBLIGATION 1603780 LAND HELD FOR CONSERVATION 97682927 99326260 AGENCY TRUST FUNDS 279984 LIABILITY UNDER CRUT 3053790 ASSET RETIREMENT OBLIGATIONS 2288635 STEWARDSHIP LIABILITIES 471191 6093600 X 28993434 -2420778 132149 -2288629 31282063 402937 402937 31685000 26853439 132149 132149 26721290 402937 402937 27124227 PART II, LINE 5: POST MONITORS ALL OF ITS CONSERVATION EASEMENTS AT LEAST ANNUALLY IN ORDER TO 1) OBSERVE THE CONDITION OF THE PROPERTY IN ORDER TO DETERMINE WHETHER IT IS IN COMPLIANCE WITH EASEMENT TERMS; 2) CREATE A RECORD OF EASEMENT STEWARDSHIP AND PROPERTY CONDITION OVER TIME; AND 3) MAINTAIN A WORKING RELATIONSHIP WITH THE LANDOWNER. IT IS POST'S POLICY TO UPHOLD ITS CONSERVATION EASEMENTS AS WRITTEN AND TO IDENTIFY, INVESTIGATE, EVALUATE AND RESPOND TO ANY POTENTIAL VIOLATIONS AS QUICKLY AS POSSIBLE. IN THE CASE OF A MATERIAL VIOLATION, POST WILL REQUIRE CESSATION, REPAIR, AND/OR MITIGATION OF ANY DAMAGE TO PROTECTED CONSERVATION VALUES. POST IS PREPARED TO TAKE LEGAL ACTION TO DEFEND ITS RIGHTS AS EASEMENT HOLDER IF NECESSARY. POST HAS A CONSERVATION EASEMENT STEWARDSHIP FUND TO PROVIDE RESOURCES FOR LEGAL DEFENSE AND MAINTAINS CONSERVATION DEFENSE INSURANCE THROUGH TERRAFIRMA RRG LLC. CONSERVATION EASEMENT DOCUMENTS CLEARLY DESCRIBE THE PROCESS FOR ENFORCING THE TERMS OF THE EASEMENT SHOULD ANY VIOLATION BE IDENTIFIED TO ENSURE THAT CORRECTIVE ACTIONS ARE TAKEN TO CURE THE VIOLATION. PART II, LINE 9: THE ORGANIZATION PERIODICALLY RECEIVES OR PURCHASES CONSERVATION EASEMENTS WHICH LIMIT THE ALLOWABLE USES OF THE RELATED PROPERTY TO OPEN SPACE USES CONSISTENT WITH THE ORGANIZATION'S MISSION. CONTRIBUTED CONSERVATION EASEMENTS RECEIVED ARE RECORDED AS LAND CONTRIBUTIONS BASED ON THE ESTIMATED VALUE GIVEN UP BY THE LAND OWNER BY RESTRICTING THE USE OF THE PROPERTY WITH AN EASEMENT. CONSERVATION EASEMENTS PURCHASED BEAR NO FUTURE BENEFIT TO THE ORGANIZATION AND ARE THEREFORE INCLUDED AS PART OF LAND AND EASEMENT TRANSACTIONS EXPENSE IN THE YEAR THEY ARE ACQUIRED. IN CONNECTION WITH THE TRANSFER OR SALE OF LAND, THE ORGANIZATION MAY RETAIN A CONSERVATION EASEMENT ON THE LAND. BECAUSE THESE EASEMENTS BEAR NO POSSIBLE FUTURE FINANCIAL BENEFIT TO THE ORGANIZATION, THEY ARE NOT RECORDED ON THE ORGANIZATION'S STATEMENT OF FINANCIAL POSITION. SOMETIMES, THE ORGANIZATION MAY SELL A CONSERVATION EASEMENT TO A NONPROFIT OR PUBLIC AGENCY PARTNER WHILE RETAINING OWNERSHIP OF THE PROPERTY. PART V, LINE 4: LANE STEWARDSHIP ENDOWMENT: THESE FUNDS MAY BE USED FOR EXPENSES TO MAINTAIN TRAILS, REMOVE INVASIVE AND EXOTIC SPECIES, UNDERTAKE EROSION PREVENTION AND REPAIR, AND RESTORE PLANT AND ANIMAL HABITATS. WILBUR'S WATCH ENDOWMENT:THIS GRANT IS RESTRICTED TO ACTIVITIES RELATED TO THE MAINTENANCE OF THE TRAIL AT WILBUR'S WATCH ON POST'S CLOVERDALE PROPERTY. THIS INCLUDES SUCH ITEMS AS ANNUAL STEWARDSHIP SUCH AS MOWING, PAMPAS GRASS REMOVAL, AND MONITORING; REPLACEMENT OF ITEMS SUCH AS THE BENCH, TELESCOPE, AND SIGNAGE; AND REPAIR OF THE TRAIL. PART X, LINE 2: THE ORGANIZATION EVALUATES ITS UNCERTAIN TAX POSITIONS AND WILL RECOGNIZE A LOSS CONTINGENCY WHEN IT IS PROBABLE THAT A LIABILITY HAS BEEN INCURRED AS OF THE DATE OF THE FINANCIAL STATEMENTS AND THE AMOUNT OF THE LOSS CAN BE REASONABLY ESTIMATED. THE AMOUNT RECOGNIZED IS SUBJECT TO ESTIMATE AND MANAGEMENT JUDGMENT WITH RESPECT TO THE LIKELY OUTCOME OF EACH UNCERTAIN TAX POSITION. THE AMOUNT THAT IS ULTIMATELY SUSTAINED FOR AN INDIVIDUAL UNCERTAIN TAX POSITION FOR ALL UNCERTAIN TAX POSITIONS IN THE AGGREGATE COULD DIFFER FROM THE AMOUNT RECOGNIZED. AS OF JUNE 30, 2019 MANAGEMENT DID NOT IDENTIFY ANY UNCERTAIN TAX POSITIONS. 1 PUENTE DE LA COSTA SUR PO BOX 554 PESCADERO CA 94060 371484262 501C3 5000 SUPPORT FOR PESCADERO GROWN FARMER'S MARKET AND 20TH ANNIVERSARY CELEBRATION TRUST FOR CONSERVATION INNOVATION 405 14TH STREET SUITE 164 OAKLAND CA 94612 912166435 501C3 5000 SUPPORT FOR KITCHEN TABLE ADVISORS PIE RANCH PO BOX 363 PESCADERO CA 94060 261631976 501C3 5000 SPONSORSHIP OF PIE ON THE RISE AND IN SUPPORT OF PUBLIC EDUCATION EFFORTS. SAN MATEO RESOURCE CONSERVATION DISTRICT 80 STONE PINE ROAD SUITE 100 HALF MOON BAY CA 94019 GOVERMENT 43000 SANTA CRUZ MOUNTAINS STEWARDSHIP NETWORK MEMBERSHIP/SUPPORT AND GENERAL OPERATIONS CALIFORNIA COUNCIL OF LAND TRUSTS 1029 J STREET SUITE 120 SACRAMENTO CA 95814 010826246 501C3 5000 SPONSORSHIP OF THE 2019 CALIFORNIA LAND CONSERVATION CONFERENCE. AMAH MUTSUN LAND TRUST 419 S SAN ANTONIO ROAD SUITE 211 LOS ALTOS CA 94022 320447436 501C3 25000 SUPPORTING THE PROTECTION OF JURISTAC LA HONDA PESCADERO UNIFIED SCHOOL DISTRICT PO BOX 189 PESCADERO CA 94060 943138629 GOVERNMENT 55319 SUPPORT FOR SCHOOLS IN LIEU OF PROPERTY TAXES COMMITTEE FOR GREEN FOOTHILLS 3921 EAST BAYSHORE ROAD PALO ALTO CA 94303 942223302 501C4 97500 SPONSORSHIP NATURE'S INSPIRATION AND GENERAL OPERATING SUPPORT SILICON VALLEY BICYCLE COALITION PO BOX 1927 SAN JOSE CA 95109 770338658 501C3 5000 SPONSORSHIP OF THE 2019 BIKE SUMMIT BAY AREA OPEN SPACE COUNCIL 2150 ALLSTON WAY STE 320 BERKELEY CA 94704 461573954 501C3 25000 GENERAL OPERATING SUPPORT GOLDEN GATE NATIONAL PARKS CONSERVANCY 201 FORT MASON SAN FRANCISCO CA 94123 942781708 501C3 25000 SUPPORT FOR SAN MATEO COUNTYWIDE FINE SCALE VEGETATION MAP PROJECT COASTSIDE LAND TRUST PO BOX 3205 HALF MOON BAY CA 94019 943290067 501C3 90000 SUPPORT FOR THE CA COASTAL TRAIL PLANNING EFFORTS. SANTA CLARA VALLEY OPEN SPACE AUTHORITY 33 LAS COLINAS LANE SAN JOSE CA 95119 GOVERNMENT 520000 260888 FMV PER APPRAISAL GIFT OF LAND THROUGH BARGAIN SALE OF BARRETT CANYON PROPERTY FINANCIAL SUPPORT FOR PROTECTION OF GEIGER PUNCH BOWL AND MARTINEZ PROPERTIES; SUPPORT FOR COYOTE VALLEY CONSERVATION EFFORTS. 12 1 PART I, LINE 2: POST MONITORS THE USE OF GRANTS AND OTHER ASSISTANCE THROUGH CLOSE COORDINATION WITH THE GRANTEE TO ENSURE FUNDS ARE UTILIZED FOR THE INTENDED PURPOSE AS AGREED UPON BETWEEN THE ORGANIZATIONS. IN SOME CASES, A GRANT AGREEMENT IS SIGNED BY BOTH PARTIES IN WHICH WE MAY REQUIRE THE GRANTEE TO SUBMIT UPDATES ON THE USE OF FUNDS BY SPECIFIC DATES. IF A THIRD PARTY IS INVOLVED AS THE GRANTOR, AND POST SERVES AS THE PASS-THROUGH ENTITY, WE WILL MANAGE AND BE HELD RESPONSIBLE FOR THE REPORTING REQUIREMENTS SET BY THE GRANTOR. X X 1 1 X X X X X X 0 0 0 0 0 0 0 0 0 WALTER T MOORE PRESIDENT 301038 0 0 0 18964 0 16200 0 36934 0 373136 0 0 0 HEATHER KANTOR TREASURER & CFO (TO JULY '18) 210609 0 0 0 161896 0 13937 0 31100 0 417542 0 0 0 CURTIS RIFFLE VICE PRESIDENT, LAND STEWA 221641 0 0 0 19213 0 10400 0 3115 0 254369 0 0 0 MARTHA TEDESCO VICE PRESIDENT OF MARKETIN 177978 0 0 0 464 0 11185 0 40915 0 230542 0 0 0 GORDON CLARK SENIOR DIRECTOR OF DEVELOP 157256 0 0 0 18597 0 9500 0 20245 0 205598 0 0 0 DIANE CORDOVA CHIEF TALENT OFFICER 151479 0 0 0 389 0 9270 0 13155 0 174293 0 0 0 DAN OLSTEIN DIRECTOR OF LAND PROGRAMS 129127 0 0 0 104 0 7934 0 13007 0 150172 0 0 0 NOELLE THURLOW DIRECTOR OF LAND PROGRAMS 136133 0 0 0 108 0 8357 0 16904 0 161502 0 0 0 JEANINE CRIDER DIRECTOR OF PLANNED GIVING 136128 0 0 0 97 0 7916 0 16819 0 160960 0 0 0 PART I, LINE 1A DIANE CORDOVA RESIDES IN A RESIDENCE, THE USE OF WHICH HAS BEEN DONATED TO POST FOR THIS PURPOSE. THE IN-KIND VALUE OF HER HOUSING IS REPORTED AS TAXABLE INCOME. POST HAS A WELLNESS REIMBURSEMENT PROGRAM WHICH PROVIDES REIMBURSEMENT OF GYM MEMBERSHIPS. THESE REIMBURSEMENTS ARE TREATED AS TAXABLE INCOME. X 49 1572484 AVG HI/LOW GIFT DATE X 3 3740000 APPRAISAL X SUPPLIES 4 4063 MARKET VALUE 0 1 1 PART I, COLUMN (B): THREE PEOPLE DONATED WINE FOR EVENTS. ONE PERSON DONATED A PIECE OF FURNITURE. PART I, LINE 32B: ALL MARKETABLE SECURITIES WILL BE SOLD UPON RECEIPT UNLESS OTHERWISE DIRECTED BY POST'S FINANCIAL ADVISORS OR THE INVESTMENT COMMITTEE OF POST'S BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 2 JAN GARROD, DIRECTOR, IS THE UNCLE OF ANDREW BOSWORTH WHO IS ALSO A DIRECTOR. FORM 990, PART VI, SECTION B, LINE 11B EACH YEAR, PRIOR TO SUBMISSION, THE AUDIT COMMITTEE SHALL ENSURE THAT POST'S FORM 990 IS REVIEWED BY A MEMBER OF THE COMMITTEE OR A DESIGNEE OF THE COMMITTEE WITH APPROPRIATE QUALIFICATIONS. IN ADDITION, THE DRAFT SUBMISSION WILL BE MADE AVAILABLE TO THE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C WHEN JOINING THE ORGANIZATION, AND ON AN ANNUAL BASIS, BOARD MEMBERS, MEMBERS OF THE INVESTMENT AND AUDIT COMMITTEES, AND ALL STAFF FILL OUT A CONFLICT OF INTEREST STATEMENT. IF A CHANGE IN A PERSON'S MATERIAL INTEREST IN A MATTER THAT COULD AFFECT POST OCCURS, THAT PERSON MUST AMEND THE CONFLICT OF INTEREST STATEMENT. ALL DISCLOSURE STATEMENTS SHALL BE REVIEWED BY THE CHAIR OF THE BOARD GOVERNANCE COMMITTEE AND PRESIDENT. FORM 990, PART VI, SECTION B, LINE 15 IT IS THE POLICY OF THE BUDGET & COMPENSATION COMMITTEE TO ANNUALLY REVIEW THE COMPENSATION OF ALL OFFICERS UTILIZING A COMPENSATION STUDY WITH MARKET DATA FROM BAY AREA COMPANIES. THE COMMITTEE ALSO REVIEWS PUBLICLY REPORTED COMPENSATION INFORMATION FROM FORM 990 OF RELEVANT NON-PROFITS. THE COMMITTEE CONSIDERS MULTIPLE FACTORS THAT AFFECT COMPENSATION COMPARISONS SUCH AS GEOGRAPHICAL COST OF LIVING, EXPERIENCE, QUALIFICATIONS, AND PERFORMANCE ACHIEVEMENTS. THIS REVIEW IS CONTEMPORANEOUSLY DOCUMENTED IN THE COMMITTEE MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES GOVERNING DOCUMENTS AND THE CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST. THE ORGANIZATION'S AUDITED FINANCIAL STATEMENTS AND FORM 990 ARE MADE AVAILABLE VIA THE ORGANIZATION'S WEBSITE EACH YEAR. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 2,046,982. MANAGEMENT AND GENERAL EXPENSES 570,316. FUNDRAISING EXPENSES 374,935. TOTAL EXPENSES 2,992,233. PART XII, LINE 2C THE ORGANIZATION MAINTAINS AN AUDIT COMMITTEE THAT ASSUMES OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENTS AND SELECTION OVER THE INDEPENDENT ACCOUNTANTS. NO CHANGE TO THE PROCESS OCCURRED FOR THE FYE 6/30/2019. LAKE LUCERNE MUTUAL WATER COMPANY 222 HIGH STREET PALO ALTO CA 94301 942689518 DEVELOP, DISTRIBUTE, SUPPLY, AND DELIVER WATER FOR IRRIGATION USE ONLY CA 501(C)(12) 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 LAKE LUCERNE MUTUAL WATER COMPANY D 39553 FMV