2009 Annual Report - Pacific Forest Trust

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    2009

    PACIFIC FOREST TRUST

    ANNUAL REPORT

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    ON THE COVER: Clockwise from top: Cascade-Siskiyou National Monume

    (The Soda Mountain Wilderness Council); Families and friends celebrate

    forests in Mendocino County, Calif.; Employees sorting in the Kane Hardw

    Dimension Mill (The Collins Companies); McCloud Falls, Calif. THIS PAGE:

    Top: Appalachian Mountains, Tenn.; Left: Bald Eagle, Wa. (Paula Swedeen

    CAMPAIGN TO COMPLETE THE VISION

    the Pacifc Forest Trust, like those we partner

    with, went into 2009 prepared to weather some

    tough economic times. Many in the orest and

    conservation communities struggled with allout rom the

    global fnancial upheaval. Yet PFT was able to make remarkable

    progress in conserving our nations natural landscapes and

    the myriad benefts they provide: wood, water, wildlie and a

    well-balanced climate.

    Forests touch people every day, whether they realize it or not.

    When we turn on the aucet, how oten do we remember the

    water that flows orth was carried rom the mountains by

    way o a orested watershed? Even the air we breathe has been

    cleansed by the orest landscape, as it stabilizes the climate

    that makes our planet livable.

    Increasingly, our eorts to build awareness o the vital services

    orests provide and what must be done to conserve and

    steward them has been paying o. Shared purpose and

    strong partnerships have been invaluable to our success, as

    we expand the scope o our eorts throughout the country

    and grow our network o orest champions.

    In this annual report we are proud to share the highlights of

    this important work and voices of those who support it.

    Cheers to the Pacifc Forest

    Trust and the Bureau o Land

    Management or their eorts

    to transer private land in the

    Cascade-Siskiyou National

    Monument to public ownership.

    The Trust has been buying parcels o private land within

    the Monument rom willing sellers [primarily timber

    companies] since the Monument was created in 2000...

    It makes sense to convert as much Monument land as

    possible to public ownership so the land can be protected

    The Mail Tribune Editorial Board, Jan. 29, 2009

    Common Purpose

    I am pleased to commend

    Wayburn and Best or theirleadership and tremendous

    contributions to the national

    dialogue on orests and climate by

    providing a strategy or achieving

    real, verifable carbon reductions

    while also contributing to the development o programs

    and policies that will enhance legislative and regulatory

    climate change reduction goals. Mary Nichols, California Air Resources Board Chair

    In Forests We Find

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    A Trusted Source of Policy Expertise

    PFT has long advocated or conservation solutions

    that acknowledge and reward orest landowners

    or providing ecosystem services, such as climate

    stabilization and renewable energy. As widely recognized,

    award-winning pioneers in this area, PFT provided

    expertise to a remarkably diverse spectrum o audiencesin 2009, ranging rom the Department o Deense to Al

    Gores Alliance or Climate Protection to international

    carbon investors to Ivy League universities to state, local

    and national government agencies. Last year, PFT traveled

    as ar as Chile, Argentina and Copenhagen to speak about

    the essential benefts orest landscapes provide and how we

    can sustain them.

    In 2009, awareness o these benefts reached critical mass

    as the U.S. Department o Agriculture launched its Ofce

    o Ecosystem Services and Markets, led by our 2006 Forest

    Fete Keynote Speaker, Sally Collins. Soon ater, the newly

    installed Agriculture Secretary Tom Vilsack began promoting

    the USDAs new ecosystem services ocus in national media

    and speeches around the country. USDA Deputy Under

    Secretary Jay Jensen echoed Vilsacks message as our 2009

    Forest Fete speaker.

    Despite this rising awareness, our natural landscapes cannot

    provide these valuable services i they have been developed

    and converted to other uses a act we brought hometo policymakers through our state, regional and national

    policy outreach.

    In 2009, we pursued new avenues or leveraging existing

    environmental quality laws to help mitigate the climate

    impact o orest loss and degradation making signifcant

    headway with policymakers and environmental quality

    guidelines in Caliornia, Washington, Massachusetts

    Maine, Maryland and New York. In addition, where state-

    level environmental review regulations do not currently

    exist, PFT worked collaboratively with our partners

    to support new legislation that would recognize theenvironmental and climate impacts o development and

    orest loss in particular.

    Concurrently, we worked to develop strong standards or

    quantiying and veriying the impact o orest-carbon projects

    in compliance and voluntary markets. Such standards are

    the essential oundation o a robust market or orest-based

    carbon osets that will deliver real returns to landowners.

    PFT has been a leader in the development of

    regional policies that capture opportunities

    for greenhouse gas reductions through forest

    conservation and management. The Kresge

    Foundation is pleased to be a supporter of

    PFTs efforts to champion the role of forests

    in the federal policy arena. John Nordgren,

    Senior Program Ofcer, the Kresge Foundation

    Received the U.S. Environmental

    Protection Agencys 2009 Climate

    Protection Award. In connection with the

    honor, PFT co-founders Laurie Wayburn and

    Connie Best joined a roundtable of national

    and international climate leaders in

    Washington, D.C. Photo: USDA Forest Service

    The Pacifc Forest Trust has been a

    leader in bringing together people to

    think about and discuss the utureo Americas orests, particularly

    private orests, and youve been a

    great partner or the Forest Service,

    especially the Forest Legacy Program

    or many years. Id like to thank Laurie Wayburn and

    Connie Best or their enduring leadership in promoting

    opportunities and options or protecting private orests and

    or keeping them working orests providing a sustainable

    source o wood, water, wildlie and a well-balanced climate.

    Jay Jensen, USDA Deputy Under Secretary

    or Agriculture

    2009 HigHligHts

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    Gained inclusion of our top three recommendations

    for forest and climate policy in versions of federal energy

    and climate legislation now under consideration by lawmakers.

    Formed a broad-based national coalition of landowners,

    foresters, conservation and environmental NGOs, mill owners

    and market makers to advocate for the role natural landscapes

    should play in meeting our nations energy and climate goals.

    Showcased our successful model for market-bas

    conservation incentives in prestigious publications

    well as media interviews and presentations at lectur

    workshops, conferences and climate talks across the Unit

    States and abroad.

    Launched new forest carbon emissions reductio

    projects and initiatives in nine states around the count

    We are delighted PFT will bring their deep bench of expertise to Carbon Canopy.

    Developing a credible forest carbon project model for southern landowners is essential

    to the success of this initiative and PFTs experience with pioneering projects and

    standards in California will be immensely helpful to us as we move forward.

    Dogwood Alliance Executive Director Danna Smith

    The Environmental Protection Agency applauds the leadership o the Pacifc Forest Trust in

    protecting our global environment. You have set the bar high, and or that, we thank you.

    Dr. Kathleen Hogan, Director of the U.S. Environmental Protection Agencys Climate

    Protection Partnerships Division

    In 2009, PFT participated in several eorts to develop or

    refne orest-carbon accounting standards with national

    applicability. Our policy sta played a key role in the working

    group that revised and expanded the nations leading

    standards or orest carbon projects the Climate Action

    Reserve (CAR) Forest Project Protocol. Now we are helping

    others develop projects designed to meet this standard in

    a number o states, including Virginia, Tennessee, Georgiaand Maine. These new initiatives represent major growth

    in the national orest-carbon market landscape an

    present an exciting opportunity to demonstrate o

    orest stewardship model in other geographic region

    At the ederal level, PFT has been heavily engaged

    coalition building as well as outreach to legislators a

    their sta. One o the most signifcant results has be

    the ormation o our diverse coalition o working lan

    advocates. Members include some o the nations large

    land and mill owners and many smaller, amily-or

    owners. Conservation groups and market investo

    too, have signed on to the eort, which has provida strong and growing base o support or our outrea

    in 2010.

    PFT Co-CEO Connie Best speaks with landowners at th

    Jones Ecological Research Center at Ichauway, Ga.

    From left: Lyme Timber Company General Partner Peter Stein, Senator Stabenows

    Legislative Counsel Chris Adamo, and PFT President and Co-CEO Laurie Wayburn.

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    A Trusted Provider of Conservationand Stewardship Services

    in 2009, PFT embarked on new working orest

    conservation easement projects with major timber-

    producers and ranching amiles to saeguard the land

    and livelihoods across Calornias vital wood basketregion, the Klamath-Cascade. Spanning 9.8 million

    acres rom Caliornia

    to Oregon, the region

    contains some o the

    most diverse and

    productive conierous

    orests in the world

    and is a source o

    drinking water or

    more than 22 million

    Caliornians. Oncecomplete, these

    easements will ensure

    more than 100,000

    acres will remain

    orested, providing

    wood, water, wildlie

    and a well-balanced

    climate in perpetuity.

    In 2009 we completed extensive research and interviews or

    a Klamath-Cascade Greenprint for the Future. Intended as a

    roadmap to a sustainable, orest resource-based uture or the

    region, the Greenprint report will be fnalized in the comingyear with input and support rom a stakeholder advisory

    council were convening.

    At the southern tip o the Klamath-Cascade the Sierra

    Valley region weve joined with local ranching amilies

    to create a conservation corr idor o more than 7,775 acres

    where the headwaters o the Feather River orm the largest

    alpine wetland in North America. This arc o conserved

    lands protects the critical lands where the upland orests

    flow into the wet meadows o the valley bottomlands. In

    2009 we made signifcant progress on our new Sierra

    Valley easement projects that w ill conserve an addit ional

    4,400 acres.

    In these ocal areas and others, our conservation and

    stewardship sta reached out to landowners, local

    agencies and oresters. They also organized workshops,

    built partnerships and solved problems as part o the

    work they do to monitor and provide stewardship services

    on 21 properties in Caliornia, Oregon and Washington.

    Celebrated a major milestone in our Campaign to

    Complete the Vision of a more fully conserved Cascade-

    Siskiyou National Monument (CSNM), with the transfer of

    1,700 acres to public ownership for the CSNM.

    Fulfilled the vision of PFTs first easement donor

    and longtime supporter Bea Breese, with the bequest

    of her beloved Outlet Creek Ranch, a 600-acre property

    in Mendocino we are now managing as a model of ourstewardship forestry techniques. (Photo right)

    Forged an agreement with several partners to purchase

    Stewarts Point Ranch, a historic redwood property

    stretching from the Gualala River to Californias Sonoma Coast.

    Generated sustainable revenues from forest manage-

    ment and carbon sales on Van Eck Forest lands PFT actively

    manages in California and Oregon despite the years

    economic turmoil.

    The Pacifc Forest Trust has been

    a great partner in the long struggle

    weve ought to conserve land within

    the Monument. The Monuments

    unique biological diversity is a ragile

    treasure that we cant let slip away.

    A key step in that process will be

    working with the BLM to acquire these critical lands so

    that they will beneft our environment and our country or

    generations to come. Senator Ron Wyden (D-Ore.)

    AP Photo/Jeff Barnard

    2009 HigHligHts

    Outlet Creek Ranch

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    NOTE: Unaudited fnancials subject to auditor adjustments. The audited 2009 fnancial summary will be available on our website in the summer.

    Complete fnancial statements and an independent auditors report will also be available upon request at that time.

    Expenses: $2,384,967Programs: $1,904,987 (80%)

    General and

    Administrative: $270,671 (11%)

    Fundraising: $209,309 (9%)

    Outlook for 2010

    $500,000

    $1,500,000

    $2,500,000

    $0

    -$500,000

    Income: $2,018,739Foundation Grants for Operations: $1,075,038

    Individual and Business Donations: $289,348

    Fee for Services & Government Grants: $312,397

    Investment & Interest Income: $512,097

    Change in Valuation of Charitable Trust: ($182,963)

    Other Income: $12,822

    At a time when unemployment and political strie

    dominate the headlines, the Pacifc Forest Trust

    is steadily building bipartisan consensus around

    the need to sustain and conserve our working lands and their

    contributions to local livelihoods, economies and cultures.

    With our partners, were continuing to serve as persistent,passionate advocates or orests in the communities where

    we work, in the media and in the nations capital. In 2010

    weve already gained considerable traction with national

    lawmakers, including the primary architects o the energy

    and climate bill now under review by the Senate.

    Our efforts radiate from a central set of

    recommendations for how policies governing

    sustainable land use, environmental quality and

    energy security can stem the tide of forest loss.

    These include mitigation and investment in our

    land infrastructure, accurately accounting for the

    carbon stored in U.S. forests; and the creation of

    a robust, high-quality offset market for emissions

    reductions from forests.

    In 2010 were making progress in the following key areas:

    Working with a strong coalition to advance

    ederal legislation that will conserve our natural

    landscapes and their ability to provide green jobs, renewa

    energy and climate benefts.

    Building up the market or high-quality carbon emissio

    reductions by developing new projects around the U.S. th

    leverage our past successes.

    Mitigating the climate impacts o orest loss with st

    evironmental quality act measures.

    Closing on key easements in Caliornias Sierra Val

    and advancing other major projects that will conser

    more than 100,000 acres in the Klama

    Cascade region and bring new income

    orest landowners.

    Transerring more than 3,000 acres to pub

    ownership in Oregons Cascade-Siskiyou NationMonument.

    Developing a new strategic plan or 20

    through 2013.

    Unveiling PFTs radiant new visual identi

    including a new website and logo (see let).

    2009 FinAnciAl Review

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    $100,000 and Up $50,000 $99,999

    We grateully acknowledge the ollowing individuals, oundations and businesses that helped make our work in 2009 possible.*

    Thank You

    Gordon and Betty Moore Foundation

    Kresge Foundation

    Richard & Rhoda Goldman Fund

    Meyer Memorial Trust**

    Robertson Foundation

    Bella Vista Foundation

    The Energy Foundation

    James Irvine Foundation

    Merck Family Fund

    S.D. Bechtel, Jr. Foundation

    $25,000 $49,999Compton Foundation, Inc.

    Dogwood AllianceJames and Rebecca Morgan Family Foundation

    R. Howard Dobbs FoundationCharlie & Darci Swindells

    William Laney Thornton/Flora L.Thornton FoundationTown Creek Foundation, Inc.

    $10,000 $24,999The Ayrshire FoundationAllan & Marilyn BrownHarney & Sons Fine TeasHeller Charitable &

    Educational FundJohn & Elaine French Family

    FoundationLaird Norton Family Foundation

    The Libra FoundationDixon Long/Springcreek

    Foundation

    Margaret A. Cargill FoundationMarisla FoundationNational Park TrustNancy NordhoOrchard FoundationResources Legacy Fund

    FoundationGregory & Daphne TebbeKarie & David ThomsonWeeden Foundation

    $5,000 $9,999Cherida Collins Smith &

    Glenn SmithTruman & Kristin CollinsCommunity Foundation

    Sonoma Countys SchulzDonor Advised Fund

    Peter DavisKongsgaard-Goldman

    FoundationLinden Trust or ConservationKirk Marckwald & Chris DesserGilman & Marge Ordway

    Pacic Gas and ElectricCompany

    Walter & Jeanne SedgwickTimothy & Billie Taylor/

    EcohausAndrea & Don TuttleSearle Whitney

    $1,000 $4,999Autodesk, Inc.

    Benson Woodworking CompanyConstance BestPeter Boyer & Terry Gamble

    The Campbell GroupDonald M. Campbell

    The Collins CompaniesEvolution Markets

    John & Laura Fisher

    Fullerton Family FoundationAlison GeballeJohn Graham & Katherine

    Munro/Knox Family FoundationGreen Mountain Energy

    CompanyHancock Timber Resource Group

    Edmund Hayes, Jr

    Mrs. A. Carl HelmholzGeorge HelmholzMaurice & Janice HollowayHumboldt Redwood Company,

    LLCK&L Gates, LLPRobert & Edie Kirkwood

    Nancy Kittle

    Perry & Tricia LloydLyme Timber CompanyMendocino Redwood CompanyMark MillerStephen & Amanda MorrisNational Fish and Wildlie

    Foundation

    Timothy & Ulrike Pirrung

    Pisces FoundationLinda SanordWilliam & Claudia StelleSullivan & Worcester LLPCynthia WayburnLaurie A. WayburnW.M. Beaty & Associates, Inc.

    $500 $999Hans & Marian BaldauLeslie & Doug BallingerAnthony & Carol BoutardJoseph BunkerLew & Sheana ButlerNorman Christensen, on behal

    o Laurie WayburnTerry & Barbara Collins

    Henry & Vergilia DakinSandy Dean & Cathy

    Cockrum-DeanJulie DickersonBetsy & Jesse Fink FundRobert Flint, JrDavid Frenznick

    Kass Green & Gene ForsburgAnn HatchCarrie HoytBill HuttonLand Trust AllianceJulie LydickChristopher Mann

    Prairie FoundationJudson M. ParsonsHoliday Phelan-Johnson &

    Christopher JohnsonRedtree Properties LPGeorge & Anita ThompsonSteve & Renee Thompson

    Frank & Frances Reynolds TsaiSteve Van Landingham &

    Matthew OGradyJohn C. WalkerEdgar Wayburn, M.D.Mariquita West, M.D. &

    Celia Thompson-Taupin

    $250 $499Stephen & Terry BeckGreg BlomstromPatricia & Jim BranhamLeslie Walker & Walter BurlockJulia Dakin & Jon FrechEight Arms Cellars

    Michael Gallagher &Ruth Shapiro

    Lorraine GallardDr. Keith GillessCharles HendersonGary Hendrix

    Nancy Hoopes &Alison Pachynski

    Arne HultgrenBetsy JewettJacques & Leslie LeslieJoshua MargolisDan Martin

    Martha NelsonJames M. PeaGeorge Peyton, Jr.James Rinehart & Carol FinkelsteinMartin & Joan RosenHal J. SalwasserSealaska Corporation

    Bob KingmanSandra Slater & Drew MaranGary & Carol TorreBrooks Walker IIIKirby WalkerWilliam WayburnGeorgia Westdahl

    $100 $249Michael & Susan AddisonSally BinghamAmy ChesnutEd & Kerry CooperPaul & Anne Ehrlich

    Theodore & Patricia EliotJames P. FinertyGeorge Gaines & Mary Moore

    Green Diamond ResourceCompany

    Chantz JoyceGus Kauman Jr.Samuel & Cindy LivermoreSylvia McLaughlinOsha Meserve

    Amy MeyerKarla NemethJim & Lisa NicolJennier NiedermeyerEdward OBrien &

    Patricia HickeyJuliet PageGabe Petlin

    Bettina RingAlicia RobbinsDr. Je RommLeo RoyCarrie SantiSahara SaudeElizabeth Sedgwick

    Peter StentTania & Michael StepanianDoug WickizerPatrice WinchesterKirke WoleElizabeth WroblickaDelphine Zeuli

    $1 $99Marion Boggs III &

    Clara Thomas BoggsPeggy C. CampbellPeter DeLucchiMatt Fehrenbacher

    Thelma & Charles GilmurRonald & Derry GodarMarty & Joyce GrinLaura HamiltonJohn & Mary Ellen Harte

    Marianna Kauman & DianaAleman, in honor o EdgarWayburn and Marian Kaufman

    Melvin KrebJohn LaughlinKonrad J. Liegel

    Dan LuomaWilliam & Janet McLennanElaine McMasterPatrick NoonanDan OlsteinMargit & Richard Roos-Collins

    Melanie J. RowlandJoan Rubenson, on behal o

    Simon Lucas KaglePaula SwedeenLaurie TippinEd & Jeanette Ueber

    In-Kind DonationsAnsel Adams Gallery/Yosemite

    National ParkAlexander Valley VineyardsCaliornia SnowDawn Patrol Images

    Frey VineyardsHarney & Sons Fine TeasJohn Bentleys RestaurantLagunitas Brewing Company

    Tom Lupo & Laura Harvey

    Madroa VineyardsMethod ProductsMTR WesternNavarro Vineyards and WineryPatagonia

    Phillips Bros. MillRikki PirrungRavenswood WinerySaintsbury WinerySan Francisco Hat Company

    San Francisco SymphonySees CandiesSOAR InfatablesSoluri Meserve, A Law CorporationSports BasementVirgin America

    **Capital acquisition

    *List o supporters represents donations PFT receivedbetween January 1, 2009 and January 1, 2010.

    Please visit www.pacifcorest.org/partners.html or a listing o the Pacifc Forest Trusts clients.