Natural Lands Trust Incorporated

“Peter O. Hausmann (Chairperson/Trustee) is the uncle of Ann C. Hausmann (VP of Development and VP of Development)”

“The Form 990 is prepared by the Vice President of Finance and reviewed by outside independent firm. Before being filed, the return is then subsequently reviewed by the organizations Finance Committee (Board Committee). Once accepted by the Finance Committee the form is distributed to the full Board of Directors. Once approved by the Board, the document is signed by the CEO and filed.”

“Officers, trustees and key employees are required to sign a Statement annually acknowledging that they will comply with Natural Lands Conflict of Interest Policy. The Statement affirms that an Interested Person has a Duty to Disclose the possible existence of a Financial Interest to the Executive Committee of the Board. After full disclosure of the Financial Interest and after discussion with the Interested Person, the Executive Committee will determine whether a conflict of interest exists. If a conflict of interest may exist: A. A disinterested person or committee shall investigate alternatives to the proposed transactions or arrangements. B. It shall be determined if with reasonable effort a more advantageous transaction or arrangement will not give rise to a conflict of interest. C. If a more advantageous transaction or arrangement is not reasonably possible, the Executive Committee shall determine whether the transaction or arrangement is in Natural Lands best interest and for its own benefit, and whether it is fair and reasonable to Natural Lands. The Committee shall then make a decision as to whether to enter into the transaction or arrangement in conformity with such other Natural Lands requirements or Board approval as may be appropriate. Violations of the Conflict of Interest Policy A. If any trustee, officer, member of a committee with Board-delegated powers or other employee of Natural Lands has reasonable cause to believe that any Interested Person has failed to disclose any actual or possible conflict of interest, he or she shall report this information to the Chair of the Executive Committee, who shall inform any such Person of the basis for such belief and afford such Person and opportunity to explain the alleged failure to disclose. B. If, after hearing such Person's response and after making such further investigation as may be warranted by the circumstances, the Chair of the Executive Committee determines that such Person has failed to disclose an actual or possible conflict of interest, the matter shall be brought to the attention of the Executive Committee, which shall take appropriate disciplinary and correction action, or which shall refer the matter to the Board for appropriate disciplinary and correction action. Records of Proceedings All deliberations of the Executive Committee must be in writing.”

“While Natural Lands Focuses on comparable nonprofit organizations in our area to benchmark pay, we understand that the market for executive talent may be broader than this group. Therefore, market information from additional market segments, private foundations, and published not-for-profit compensation may be used as a supplement. Natural Lands will also secure outside studies exclusively designed to review not-for-profit executive compensation and periodically utilize the assistance of an outside compensation consultant. In addition to all relevant market information, Natural Lands takes into consideration the following criteria: - Years of experience in the field - Years in the position - Achievement of the organization's strategic objectives - Organizational operating budget and the overall economic climate - Cost of all other benefits being offered Data from these various elements are used to form a "market composite" to assess the competitiveness of Natural Lands compensation. Annually, the chairperson of the board reviews the data and evaluates the performance of the president to determine appropriate compensation. The compensation is subject to approval by the executive committee. The compensation of the president is made available to all trustees upon request.”

“All documents are made available by request. The organization's Form 990 is also made available on the www.guidestar.org website.”

“Natural Lands mission is land for life and nature for all. We preserve and nurture nature's wonders and create opportunities for joy and discovery in the outdoors for everyone. We've been saving open space, caring for nature, and connecting people to the outdoors for seven decades. Over the next 10 years, the region that Natural Lands serves will be impacted dramatically by an ever-increasing wave of sprawling development, a changing climate and the resulting dramatic species loss, and the pressing need for greater social and racial equity. In light of these pressing ecological and social crises, our work is more essential than ever.”

“47.31% of the total contributions received by Natural Lands are applied to land acquisition and other capital related projects and PPP Loan Foregiveness. Only the remaining 52.69% ($5,219,673) is available to help underwrite annual conservation programs and general operating expenses. While Natural Lands' net assets of $314,826,534 are significant, our day-to day operations depend, in large part, on these annual individual donations. Ninety-four percent of the total net assets on the balance sheet are dedicated to our mission commitment to protect and care for land. $141,582,962 represent the value of our 23,000-acre network of nature preserves, properties that Natural Lands intends to hold in perpetuity. An additional $155,360,362 represent the organization's endowment. The majority these monies are restricted to fundpermanently--the stewardship of our preserves and the fulfillment of our conservation responsibilities.”

“Natural Lands' mission: Land for life: Preserving and nurturing nature's wonders. Nature for all: Creating opportunities for joy and discovery in the outdoors for everyone in our region.”

“Gain/Loss on Mellon Trust 6,638,119.”

“This process has not changed from the prior year.”