2008 Annual Report - Pacific Forest Trust

8/14/2019 2008 Annual Report - Pacific Forest Trust

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EveryoneWins with Woods

2008 Annual Report

Celebrating Fifteen Yearof Conservation and

Climate Solutions


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Winning

Congressional

Support

The Pacic Forest Trusts innovative efforts utilizing market

forces to reward forest owners for managing their lands

sustainably have made it a pioneer in its eld. The Trust has

been instrumental in championing conservation of our natio

forests and the critical role they play in the ght against glob

warming. Their commitment to improving our environment

truly admirable and will contribute to the health of our plan

for generations to come.

Senator Dianne FeinsteinUnited States SenateCalifornia

For the past 15 years, the Pacic Forest Trust has done

exceptional work to protect Americas forests. By working with

private landowners, forest managers and other stakeholders,

PFT is ensuring that private forest land is preserved for wildlife,

water use and climate control.

Senator Barbara BoxerUnited States Senate

California

The Pacic Forest Trusts efforts to expand the conservatio

stewardship of Americas working forests are yielding great p

benets. Forests are essential to healing our climate and mu

part of any comprehensive strategy to combat the climate c

Speaker Nancy PelosiUnited States Houseof RepresentativesCalifornia

200

Financia

Review

NOTE: Unaudited nancials subject to auditor

adjustments. The audited 2008 nancial summa

be available on our website in the summer. Co

nancial statements and an independent audito

report will also be available upon request at th

I love the fact that 'Everyone Wins with Woods.' So, I am

committed to continuing to work with the Pacic Forest Trust tomake sure that there are strong incentives for sustainable forest

management practices, to think outside the box to protect and

preserve our forests and to use this opportunity to tackle what

is the real challenge of our generation: global warming.

Senator Debbie StabenowUnited States SenateMichigan

Programs: $2,115,396 (80%)General andAdministrative: $281,326 (11%)

Fundraising: $230,523 (9%)

Expenses: $2,627,245Foundation Grants for Operations: $1,457,588Recision of Foundation GrantReceivable for Land Acquisition: -$929,039*

Individual and Business Donations: $234,239Investment Income Netof Unrealized Losses: -$772,510*

Fee for Services & Government Grants: $505,378Other Income: $5,420

Revenue: $501,076

*Non-cash losses including write-off of land acquisition

grant receivable due to program termination


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Monumental VictoryPFT worked with Speaker Nancy Pelosi, U.S. Senators Ron Wyden, Gordon Smi

and Dianne Feinstein, Representative Peter DeFazio and the Bureau of Land

Management (BLM) to secure funding for the successful transfer of the rst 900

acres of critical and previously threatened forestlands acquired by PFT within

the Cascade-Siskiyou National Monument planning area into public ownership

in December 2008. PFT plans to convey all of its 5,000 acres to the BLM as par

of ourCampaign to Complete the Vision of full protection for our nations rstmonument dedicated to biodiversity.

Partnering to Protect

the Sierra ValleyIn Californias Sierra Valley where we have previously conserved2,700-plus acres of forest and ranch lands PFT collaborated with

several landowners in 2008 to design working forest conservation

easements that, when nalized in the years ahead, will create

a conservation corridor of more than 7,200 acres where the

headwaters of the Feather River form the largest alpine wetland in

North America.

The Pacific Forest Trust is fully engaged in bringing the

principles of science and conservation to the development

and implementation of forest policy.Jerry Franklin, Ph.D.

Professor of Forest Ecology

University of Washington

2008 Sequoia Award recipient

The Pacific Forest Trust has been a great partner in the

long struggle weve fought to conserve land within the

Cascade-Siskiyou National Monument.

Senator Ron Wyden

United States Senate

Oregon

Farm Bill Honors

for Working ForestsThe Pacic Forest Trust and fellow members of

the Forests in the Farm Bill Coalition received

the 2008 Stan Adams Current Achievement

Award for Partnerships from the National

Association of State Foresters. The award was

given in recognition of the coalitions outstanding

work collaborating with Congress to develop

landmark legislation aimed at protecting working

forests and the economic and environmental

benets they provide.

Providing Safe Harbor

and Sustainable timberThe U.S. Fish and Wildlife Service approved a Safe Harbor Agreement with PFT in

2008 for the management of the Van Eck Forest in California. This innovative agreement

recognizes that the stewardship forestry practiced on Van Eck under the terms of a

working forest conservation easement meets the goals of the Endangered Species

Act and will provide vital new protection for threatened Northern Spotted Owls. This

"win-win" represents another conservation milestone for PFT, one that demonstrates

active forest management can protect and restore critical habitat while, over time,

yielding ever more sustainable timber.


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Winning

Climateachievements

PFT Leadership RecognizedPeople magazine celebrated the work of PFT co-founders Connie Best and Laurie

Wayburn in their Ear th Day issue and declared them Protectors of the Planet for

their leadership promoting the climate benets provided by forests. In the article,

Speaker Nancy Pelosi said Laurie and Connie are doing for forests today what

Jacques Cousteau did for marine conservation. PFT also was recognized with

Wayburns receipt of the James Irvine Foundation Leadership Award, Land Trust

Alliances Kingsbury-Browne Conservation Leadership Award and a fellowship withthe Lincoln Institute of Land Policy.

Western Roots, National InfluencePFT continued to work closely with the state of California and climate stakeholders to

build out the fundamentals of the states climate solutions program, a program that has

emerged as a model for others regionally and nationally. PFTs staff expanded beyond

California, Oregon and Washington to include team members in Washington, D.C., and

Boston. This expansion has allowed us to work with climate leaders and forest owners

in the nor thwest, mid-Atlantic, New England and southern states and in our nations

capital to promote sound forest-based climate policies that can be used to help

tackle the global warming crisis. We also began working with Al Gore and his Alliance

for Climate Protection and advising the Green Group, whose members represent the

nations top environmental organizations active on Capitol Hill.

While others were simply thinking about carbon credits, Laurie

Wayburn and her team were designing a credible, state-adopted

system for measuring and selling emissions reductions for forests

that is now considered a model.Russ Shay

Director of Public Policy

Land Trust Alliance

I am convinced that without the Pacific Forest Trust, we wouldn't be so well

positioned to put forests into a climate framework. And that's due to PFT's

relentlessness in pursuit of protecting private forestlands.

Sally Collins

Director

USDA Ofce of Ecosystem Services and Markets


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Scientists Unite AroundForests and Climate benefitsPFT convened a Climate Task Force of top ecologists and economists to shape a

comprehensive vision for how the conservation and sustainable management of

U.S. forests will help ght global warming. The group which includes members

from the Nicholas School of the Environment at Duke University, the Cary Instit

for Ecosystem Services and the universities of Washington, Georgia, Wisconsin

and Oregon State discussed core strategies for restoring forest carbon stocks reducing forest loss, restoring former forests and increasing volume of carbon in

our forests. The task force has continued to collaborate on research related to

topic and is working toward publishing a report later in 2009.

High Quality Forest CarbonOffsets in DemandThe year 2008 proved beyond a doubt that our climate and forest owners can both

benet from commitments to conserve and sustainably manage forests for additional

and lasting carbon sequestration. High-prole sales of Van Eck Forest Projectemissionreductions (ERs) demonstrated that businesses and other climate leaders are nding

real value in the carbon capture capacity of forests when the accounting is rigorous

and the reductions are permanent and veriable. Natsource Asset Management, the

worlds largest carbon credit buyer, purchased 60,000 metric tons of Van Eck veried

ERs as an investment for their clients. MTR Western, a charter motorcoach operator,

purchased 6,000 metric tons to help make its eet buses net carbon negative. Sterling

Planet, 3Degrees and Green Mountain Energy purchased Van Eck ERs to offer directly

to consumers. And the City of San Franicsco used Van Eck ERs to help offset emissions

associated with the Olympic Torch Relay. PFT closed the year by assisting three more

private forest owners to list new projects with Californias Climate Action Reserve.

Forestry can and should be an important part of the por tfolio of climate

change solutions moving forward. This deal between Natsource, the Fred M. van

Eck Forest Foundation and the Pacific Forest Trust illustrates that when rigorous,

clear rules are adopted, these investments can reduce costs for our compliance

customers and provide attractive investment opportunities with enduring

environmental and economic benefits.Jack Cogen

President & Chief Executive Ofcer

Natsource

I cannot begin to say how important it is to have an organization like the Pacific

Forest Trust showing how forests can actually work in a very tangible way to improve

the worlds forest carbon budget. The whole world needs to be managing their forests

in the way PFT is encouraging. Their exemplary work is absolutely central to a better

future for life on earth for us all.

Thomas Lovejoy, Ph.D.Biodiversity Chair

Heinz Center for Science, Economics and the Environment

2008 Forest Fete Keynote Speaker


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Riding

Clean &Gre

withMTR Wester

For the Love of Family ForestsPartnering with the Sierra Nevada Conservancy and the Smith family,

PFT helped conserve more than 400 acres of at-risk, family-owned forestlands

bordering the Stanislaus National Forest and Big Trees State Park in Californias

Calaveras County as part of our ongoing Love Creek Working Forests Project.

In 2008, the Smith family worked in partnership with PFT to launch a CO2emissions reductions project with California's Climate Action Reserve based

on their excellent forestry.

Readying the Klamath-Cascade

Greenprint for the FutureDuring 2008, PFT expanded its dialogue with landowners, community leaders, land

use experts and other stakeholders in Californias wood basket the Klamath-

Cascade eco-region to discuss the future of what is one of the most productive

and biodiverse conifer regions in the world. These meetings helped inform the

research weve been conducting in developing our strategy for ourKlamath-Cascade

Greenprint for the Future. These strategies and relationships will, in turn, lead to

the conservation of tens of thousands of acres of high-priority forestlands in this

ecologically vital region that supplies California with the majority of its drinking water.

With the conser vation agreement weve entered into with the Pacific Forest

Trust, not only are we protecting our land from development, we have the

opportunity to generate additional revenue by practicing sustainable forestry

that yields both timber products and climate benefits.

Larry SmithFamily Forest Owner

Love Creek Forest

We had a vision when we fir st made contact with the Pacific Forest Trust of

a forest that could not be subdivided or broken up; of a forest that would be

harvested in perpetuity as a biodiverse, multi-age forest with trees of every size;

of a forest that would be maintained the same way my uncles had cared for it;

and of a forest that would continue to be passed on from one generation to the

next. I thank PFT for helping us realize that vision.

Gary HendrixFamily Forest Owner

Phillips Brothers Mill and Tree Farm2008 Forest Champion of the Year

Winning

ConservationGains

2008 Annual Report - Pacific Forest Trust

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