Assets are shown at market value, and investment income includes realized and unrealized gains and losses. Program operating expenses include direct and indirect program costs such as staff salaries, grantee and funder meetings, consultant fees, and excise taxes. An independent auditor's report is performed annually.

Investment Gain$497,000
Program Operating Expenses$1,024,000
Conservation policy grants$925,000
Place-based conservation grants$857,500
Conservation capacity grants$808,500
Grassroots fund grants$20,000
Opportunity fund grants$27,500
Other grantmaking$157,753
Total Grantmaking$2,796,000
Assets and Net Worth$14,900,000