Forest Trends Association

“The tax return was prepared by the outside accountants and reviewed by senior management. The draft 990 was reviewed and approved by audit committee of the forest trends board, then distributed to the entire board prior to filing for review and comment. If any changes were made, a final copy of the 990 was resent to the entire board prior to filing with the irs.”

“Compliance with the conflict of interest policy is monitored annually by the director of administration. If a conflict of interest arises, the officer or director is required to disclose the conflict of interest to the entire board of directors. Then he or she would recuse himself or herself from deliberation or voting on a matter related to the conflict of interest. As with directors and officers, all employees conform to the same conflict of interest policy and file conflict of interest disclosure statements annually.”

“The president & ceo's salary is reviewed and approved by the compensation committee and the board. The compensation committee utilized executive compensation studies performed by independent consultants during its review. The process and decision is documented by an approval letter that is kept in the personnel files. The president & ceo determines the salaries of the other employees. The most recent salary review took place in june 2018.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. These documents are also available on charitynavigator.org. Additionally, audited financial statements are located on the forest trends website, www.forest-trends.org.”

“The peru project commenced in 2018. Peru project: natural infrastructure is poised for scale in peru as peruvian leaders have increasingly recognized its critical role. New national policy advances have dedicated a portion of water user fees to address water security and climate risks. An estimated us$30 million in water tariffs have already been allocated to payments for ecosystem services projects. An additional us$86 million allocated for climate change adaptation and disaster risk management could also help fund natural infrastructure investments. To consolidate these important policy developments, it is essential that the committed funds result in demonstrated improvements in community, city, and local business resilience to water and climate risk. The natural infrastructure for water security project will demonstrate how well-managed natural infrastructure projects in peru deliver water security benefits and are sustainable, cost-effective, and scalable.”

“Partner expenses: program service expenses 187,215. Management and general expenses 0. Fundraising expenses 0. Total expenses 187,215. Translation services: program service expenses 15,219. Management and general expenses 1,980. Fundraising expenses 75. Total expenses 17,274. Temporary services: program service expenses 23,737. Management and general expenses 3,088. Fundraising expenses 117. Total expenses 26,942. Other consultants: program service expenses 1,744,760. Management and general expenses 226,985. Fundraising expenses 8,622. Total expenses 1,980,367.”