2015-11-16T14:29:34-06:00 2014-12-31 113266576 GRASSI & CO CPA'S PC 488 MADISON AVENUE NEW YORK NY 10022 990PF 2014-01-01 043032409 BUTLER CONSERVATION FUND INC BUTL 2123030214 60 CUTTER MILL ROAD SUITE 212 GREAT NECK NY 11021 DHRUVIKA PATEL AMIN CONTROLLER 2123030214 2015-11-16 1 ANTHONY DATTOMA P00237982 2126616166 2014 2016-02-25 16:41:14Z X 162062415 X 750000 2515078 2515078 5355971 5355971 190885 190885 8811934 8061934 23525 0 23525 132653 66327 66326 84244 42122 42122 2310956 2175875 135081 90546 90546 0 707033 31901 2737 47444 11861 35583 312064 0 312064 639698 17426 622272 4348163 2436058 1239710 6325915 6325915 10674078 2436058 7565625 -1862144 5625876 26630774 53096987 53096987 32914 32914 32914 104277563 78839962 78839962 26541843 28827986 28827986 1104230 350328 1104230 1104230 57675 160336 160336 157891097 162062415 162062415 12009 16172 12009 16172 X 157879088 162046243 157879088 162046243 157891097 162062415 157879088 -1862144 6029299 162046243 0 162046243 REALIZED GAIN/(LOSS) P 5355971 5355971 5355971 0 6868286 150824435 0.045538 5681994 137674650 0.041271 4682757 131165212 0.035701 4276567 100942582 0.042366 3351646 84150093 0.039829 0.204705 0.040941 162961394 6671802 56259 6728061 7565625 X 56259 0 56259 0 56259 88975 88975 X 32716 32716 0 0 0 0 0 0 0 0 0 1 1 0 1 1 MA 1 0 0 0 0 1 N/A BLACK RIVER MANAGEMENT CO 2123030214 60 CUTTER MILL RD STE 214 GREAT NECK NY 11021 1 CA 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 GILBERT BUTLER C/O BUTLER CONSERVATION FUND 60 CUTTER MILL ROAD STE 212 GREAT NECK NY 11021 PRES./CHAIRMAN/TREAS./DIR. 5.00 0 0 0 CHRISTOPHER ELLIMAN C/O BUTLER CONSERVATION FUND 60 CUTTER MILL ROAD STE 212 GREAT NECK NY 11021 VICE PRESIDENT/DIRECTOR 0.50 0 0 0 ANTHONY P GRASSI C/O BUTLER CONSERVATION FUND 60 CUTTER MILL ROAD STE 212 GREAT NECK NY 11021 VICE CHAIRMAN/DIRECTOR 1.00 0 0 0 PETER LEHNER C/O BUTLER CONSERVATION FUND 60 CUTTER MILL ROAD STE 212 GREAT NECK NY 11021 DIRECTOR 0.50 0 0 0 DANA BEACH C/O BUTLER CONSERVATION FUND 60 CUTTER MILL ROAD STE 212 GREAT NECK NY 11021 DIRECTOR 3.00 23525 0 0 KRISTINE TOMPKINS C/O BUTLER CONSERVATION FUND 60 CUTTER MILL ROAD STE 212 GREAT NECK NY 11021 DIRECTOR 0.50 0 0 0 TOMER INBAR C/O BUTLER CONSERVATION FUND 60 CUTTER MILL ROAD STE 212 GREAT NECK NY 11021 SECRETARY 5.00 0 0 0 DHRUVIKA PATEL AMIN C/O BUTLER CONSERVATION FUND 60 CUTTER MILL ROAD STE 212 GREAT NECK NY 11021 VICE PRESIDENT OF FINANCE 5.00 0 0 0 NONE 0 BLACK RIVER MANAGEMENT CO 60 CUTTER MILL ROAD STE 214 GREAT NECK NY 11021 ADVISORY SERVICES/ADMINISTRATIVE 1594258 BAROMETER CAPITAL MANAGEMENT INC 1 UNIVERSITY AVENUE SUITE 1910 TORONTO ONTARIO CA ADVISORY SERVICES 191866 PATTERSON BELKNAP WEBB & TYLER 1133 AVENUE OF THE AMERICAS NEW YORK NY 10036 LEGAL 129504 GRASSI & CO 488 MADISON AVENUE NEW YORK NY 10022 ACCOUNTING FEES 43447 DANA BEACH 60 CUTTER MILL ROAD STE 212 GREAT NECK NY 11021 CONSULTING FEES 23525 0 0 165259854 183186 0 165443040 0 0 165443040 2481646 162961394 8148070 8148070 56259 629871 686130 7461940 0 7461940 0 7461940 7565625 0 7565625 56259 7509366 7461940 6132945 0 0 7565625 6132945 0 0 1432680 0 0 0 0 0 0 0 0 6029260 0 0 0 GILBERT BUTLER X ADIRONDACK EXPLORER - GET THE WORD OUT 36 CHURCH STREET SARANAC LAKE NY 12983 NONE PUBLIC CHARITY ENVIRONMENTAL 2000 ALASKA CONSERVATION ASSOCIATION 991 WEST 8TH STREET ANCHORAGE AK 99501 NONE PUBLIC CHARITY ENVIRONMENTAL 5000 ALTAMAHA RIVERKEEPER INC PO BOX 2642 DARIEN GA 31305 NONE PUBLIC CHARITY ENVIRONMENTAL 10000 AMERICAN RIVERS 1101 14TH STREET NW SUITE 1400 WASHINGTON DC DC 20005 NONE PUBLIC CHARITY ENVIRONMENTAL 132460 AUDUBON - SOUTH CAROLINA 336 SANCTUARY ROAD HARLEYVILLE SC 29448 NONE PUBLIC CHARITY ENVIRONMENTAL 4000 BANCO DE BOSQUES LA PAMPA 3285 PISO 5 BUENOS AIRES AR NONE FOREIGN CHARITY ENVIRONMENTAL 100000 BUTLER OUTDOOR EDUCATION FUND 60 CUTTER MILL ROAD SUITE 214 GREAT NECK NY 11021 NONE PRIVATE FOUNDATION ENVIRONMENTAL 1510000 CENTER FOR CLIMATE CHANGE AND ENERGY SOLUTIONS 2101 WILSON BLVD SUITE 550 ARLINGTON VA 22201 NONE PUBLIC CHARITY ENVIRONMENTAL 25000 COASTAL CONSERVATION LEAGUE 328 EAST BAY STREET CHARLESTON SC 29402 NONE PUBLIC CHARITY ENVIRONMENTAL 30000 CONSERVACION PATAGONICA BLDG 1062 FORT CRONKHITE SAUSALITO CA 94965 NONE PUBLIC CHARITY ENVIRONMENTAL 338334 CONSERVATION LAND TRUST ARGENTINA 1606 UNION STREET SAN FRANCISCO CA 94123 NONE PUBLIC CHARITY ENVIRONMENTAL 73988 CONSERVATION LAW FOUNDATION 62 SUMMER STREET BOSTON MA 02110 NONE PUBLIC CHARITY ENVIRONMENTAL 5000 CONSERVATION VOTERS OF SOUTH CAROLINA PO BOX 50632 COLUMBIA SC 29250 NONE PUBLIC CHARITY ENVIRONMENTAL 10000 DOWNEAST SALMON FEDERATION PO BOX 201 COLUMBIA FALL ME 04623 NONE PUBLIC CHARITY ENVIRONMENTAL 50000 DUCKS UNLIMITED ONE WATERFOWL WAY MEMPHIS TN 38120 NONE PUBLIC CHARITY ENVIRONMENTAL 5000 ENVIRONMENTAL DEFENSE 257 PARK AVENUE SOUTH NEW YORK NY 10010 NONE PUBLIC CHARITY ENVIRONMENTAL 45000 FRANKFURT ZOOLOGICAL SOCIETY -US 3810 ARGYLE TERRACE NW WASHINGTON DC 20011 NONE PUBLIC CHARITY ENVIRONMENTAL 20000 FRIENDS OF ACADIA PO BOX 45 BAR HARBOR ME 04069 NONE PUBLIC CHARITY ENVIRONMENTAL 5000 GREENPEACE FUND INC 702 H STREET NW SUITE 300 WASHINGTON DC DC 20001 NONE PUBLIC CHARITY ENVIRONMENTAL 101000 GROWNYC 51 CHAMBERS STREET 228 NEW YORK NY 10007 NONE PUBLIC CHARITY ENVIRONMENTAL 5000 LAND TRUST ALLIANCE 1660 L STREET NW SUITE 1100 WASHINGTON DC DC 20036 NONE PUBLIC CHARITY ENVIRONMENTAL 20000 LEWA WILDLIFE CONSERVANCY USA 495 MILLER AVENUE SUITE 301 MILL VALLEY CA 94941 NONE PUBLIC CHARITY ENVIRONMENTAL 3605 LIGHTHAWK PO BOX 2710 TELLURIDE CO 81435 NONE PUBLIC CHARITY ENVIRONMENTAL 5000 LOW COUNTRY OPEN LAND TRUST 80 ALEXANDER STREET CHARLESTON SC 29403 NONE PUBLIC CHARITY ENVIRONMENTAL 10000 MAINE COAST HERITAGE TRUST 1 BOWDOIN MILLS ISLAND SUITE 201 TOPSHAM ME 04086 NONE PUBLIC CHARITY ENVIRONMENTAL 60000 NATIONAL PARKS CONSERVATION ASSOC 777 6TH STREET NW SUITE 700 WASHINGTON DC DC 20001 NONE PUBLIC CHARITY ENVIRONMENTAL 5000 NATIONAL PARKS OF NEW YORK HARBOR CONSERVANCY 26 WALL STREET NEW YORK NY 10005 NONE PUBLIC CHARITY ENVIRONMENTAL 5000 NATIONAL TRUST FOR HISTORIC PRESERVATION 2600 VIRGINIA AVENUE NW WASHINGTON DC 20037 NONE PUBLIC CHARITY ENVIRONMENTAL 10000 NATURAL RESOURCES COUNCIL OF MAINE 3 WADE STREET AUGUSTA ME 04330 NONE PUBLIC CHARITY ENVIRONMENTAL 10000 NATURAL RESOURCES DEFENSE COUNCIL 40 WEST 20TH STREET NEW YORK NY 10068 NONE PUBLIC CHARITY ENVIRONMENTAL 200000 NATURE CONSERVANCY PO BOX 65 KEENE VALLEY NY 12943 NONE PUBLIC CHARITY ENVIRONMENTAL 696308 OPEN SPACE INSTITUTE 1350 BROADWAY SUITE 201 NEW YORK NY 10018 NONE PUBLIC CHARITY ENVIRONMENTAL 1755692 PARTNERSHIP FOR RESPONSIBLE GROWTH 1054 31ST STREET WASHINGTON DC 20007 NONE PUBLIC CHARITY ENVIRONMENTAL 10000 PEE DEE LAND TRUST PO BOX 2134 FLORENCE SC 29503 NONE PUBLIC CHARITY ENVIRONMENTAL 200605 SHEEPSCOT WELLSPRING LAND ALLIANCE PO BOX 371 LIBERTY ME 04949 NONE PUBLIC CHARITY ENVIRONMENTAL 25000 SOUTH CAROLINA ENVIRONMENTAL LAW PROJECT 902 NORTH ST BEAUFORT SC 29902 NONE PUBLIC CHARITY ENVIRONMENTAL 10000 SOUTHERN ENVIRONMENTAL LAW CENTER 201 WEST MAIN STREET SUITE 14 CHARLOTTESVILLE VA 22902 NONE PUBLIC CHARITY ENVIRONMENTAL 120000 SOUTHERN UTAH WILDERNESS ALLIANCE (SUWA) 425 EAST 100 S SALT LAKE CITY UT 84111 NONE PUBLIC CHARITY ENVIRONMENTAL 5000 STRIVE (EAST HARLEM EMPLOYMENT SERVICE) 240 EAST 123TH STREET THIRD FL NEW YORK NY 10035 NONE PUBLIC CHARITY SOCIAL PROGRAM 10000 TUG HILL TOMORROW LAND TRUST PO BOX 6063 WATERTOWN NY 13601 NONE PUBLIC CHARITY ENVIRONMENTAL 5000 WATERKEEPER ALLIANCE 50 S BUCKHOUT STREET SUITE 302 IRVINGTON NY 10533 NONE PUBLIC CHARITY ENVIRONMENTAL 60000 WEST HIGHLAND COASTAL TRUST 50 LOTHIAN ROAD FESTIVAL SQUARE EDINBURH UK EH39WJ NONE FOREIGN CHARITY ENVIRONMENTAL 130938 WILDERNESS SOCIETY 1615 M STREET NW WASHINGTON DC DC 20036 NONE PUBLIC CHARITY ENVIRONMENTAL 10000 WILDLIFE CONSERVATION SOCIETY 2300 SOUTHERN BOULEVARD BRONX NY 10460 NONE PUBLIC CHARITY ENVIRONMENTAL 344365 WORLD MONUMENTS FUND 350 FIFTH AVENUE STE 2412 NEW YORK NY 10118 NONE PUBLIC CHARITY ENVIRONMENTAL 137620 6325915 0 14 2515078 15 190885 18 5355971 0 8061934 0 8061934 0 0 0 0 0 0 0 0 0 0 X X 1 GILBERT BUTLER 1040 FIFTH AVENUE 11-12C NEW YORK NY 10028 750000 X 1 REAL PROPERTY: LAND AND IMPROVEMENTS AT #10 BUTLER ROAD, HANCOCK COUNTY, MAINE 750000 2014-09-17 ACCOUNTING FEES 84244 42122 42122 BUTLER OUTDOOR EDUCATION FUND 60 CUTTER MILL ROAD SUITE 214 GREAT NECK NY 11021 2014-12-31 1510000 TO FUND OUTDOOR EDUCATION FOR SCHOOL AGED CHILDREN IN MAINE, UPSTATE NEW YORK, AND SOUTH CAROLINA 1510000 TO THE FOUNDATION'S KNOWLEDGE, THE GRANTEE HAS NOT DIVERTED ANY PORTION 05/15/2015 2015-05-15 ON MAY 15, 2015, THE GRANTEE PROVIDED THE FOUNDATION WITH A FINAL REPORT WITH RESPECT TO ALL EXPENDITURES MADE FROM THE GRANT FUNDS AND INDICATING THE PROGRESS MADE TOWARD THE GOALS OF THE GRANT. WEST HIGHLAND COASTAL TRUST 50 LOTHIAN ROAD FESTIVAL SQUARE EDINBURGH UK EH39WJ 2014-12-31 130938 TO FUND CONSERVATION ACTIVITIES IN SCOTLAND 130938 TO THE FOUNDATION'S KNOWLEDGE, THE GRANTEE HAS NOT DIVERTED ANY PORTION 05/15/2015 2015-05-15 ON MAY 15, 2015, THE GRANTEE PROVIDED THE FOUNDATION WITH A FINAL REPORT WITH RESPECT TO ALL EXPENDITURES MADE FROM THE GRANT FUNDS AND INDICATING THE PROGRESS MADE TOWARD THE GOALS OF THE GRANT. BANCO DE BOSQUES LA PAMPA 3285 PISO 5 BUENOS AIRES AR 2014-05-08 100000 TO FUND CONSERVATION ACTIVITIES IN ARGENTINA. 100000 TO THE FOUNDATION'S KNOWLEDGE, THE GRANTEE HAS NOT DIVERTED ANY PORTION 05/15/15 2015-05-15 ON MAY 15, 2015, THE GRANTEE PROVIDED THE FOUNDATION WITH A FINAL REPORT WITH RESPECT TO ALL EXPENDITURES MADE FROM THE GRANT FUNDS AND INDICATING THE PROGRESS MADE TOWARD THE GOALS OF THE GRANT. CANADIAN SECURITIES 19286296 19286296 MASTER LIMITED PARTNERSHIPS 55479497 55479497 OTHER INVESTMENTS 2591694 2591694 GLOBAL HIGH YIELD SECURITIES/ETF 1482475 1482475 PARTNERSHIP INVESTMENTS & MONEY MANAGERS FMV 28827986 28827986 LEGAL FEES 132653 66327 66326 SECURITY DEPOSIT - GREAT NECK 7308 7308 7308 RECEIVABLE FROM BROKERS 20224 90747 90747 INTEREST RECEIVABLE 28727 5159 5159 OTHER RECEIVABLES 1416 57122 57122 OFFICE EXPENSES 31200 15600 15600 BANK FEES 1826 1826 0 CHARITABLE PROGRAM EXPENSES 606672 0 606672 INCOME FROM PASSTHROUGH ENTITIES 189330 189330 189330 ROYALTY FROM PASSTHROUGH ENTITIES 1555 1555 1555 UNREALIZED GAIN ON INVESTMENTS 6029299 INVESTMENT FEES 2155006 2155006 0 EXPENSE REIMBURSEMENT-BRM CHARITY RELATED 18391 0 18391 OTHER PROFESSIONAL FEES 137559 20869 116690 FOREIGN TAXES 31901 31901 0 PROPERTY TAX 2737 0 2737 FEDERAL EXCISE TAXES 672395 0 0