Attach to Form 990 or Form 990-EZ.
Information about Schedule A (Form 990 or 990-EZ) and its instructions is at www.irs.gov/form990.
| (i)Name of supported organization | (ii) EIN | (iii) Type of organization (described on lines 1- 9 above or IRC section (see instructions)) | (iv) Is the organization listed in your governing document? | (v) Amount of monetary support (see instructions) | (vi) Amount of other support (see instructions) | |
|---|---|---|---|---|---|---|
| Yes | No | |||||
| Total | ||||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2010 | (b) 2011 | (c) 2012 | (d) 2013 | (e) 2014 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") .... | 653,451,355 | 685,668,095 | 610,766,647 | 708,946,532 | 717,080,310 | 3,375,912,939 |
| 2 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf....... | 0 | 0 | 0 | 0 | 0 | |
| 3 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | 0 | 0 | 0 | 0 | 0 | |
| 4 | Total. Add lines 1 through 3 | 653,451,355 | 685,668,095 | 610,766,647 | 708,946,532 | 717,080,310 | 3,375,912,939 |
| 5 | The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f).. | 2,432,945 | |||||
| 6 | Public support. Subtract line 5 from line 4. | 3,373,479,994 | |||||
Calendar year
(or fiscal year beginning in) ![]() |
(a) 2010 | (b) 2011 | (c) 2012 | (d) 2013 | (e) 2014 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 7 | Amounts from line 4.. | 653,451,355 | 685,668,095 | 610,766,647 | 708,946,532 | 717,080,310 | 3,375,912,939 |
| 8 | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... | 20,703,795 | 30,844,104 | 29,519,201 | 27,205,181 | 23,883,856 | 132,156,137 |
| 9 | Net income from unrelated business activities, whether or not the business is regularly carried on.. | ||||||
| 10 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.).. | 8,886,660 | 12,871,021 | 9,859,490 | 9,856,000 | 6,652,754 | 48,125,925 |
| 11 | Total support Add lines 7 through 10. | 3,560,161,437 | |||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2010 | (b) 2011 | (c) 2012 | (d) 2013 | (e) 2014 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") . | ||||||
| 2 | Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose...... | ||||||
| 3 | Gross receipts from activities that are not an unrelated trade or business under section 513.. | ||||||
| 4 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf... | ||||||
| 5 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | ||||||
| 6 | Total. Add lines 1 through 5. | ||||||
| 7a | Amounts included on lines 1, 2, and 3 received from disqualified persons... | ||||||
| b | Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year. | ||||||
| c | Add lines 7a and 7b.. | ||||||
| 8 | Public support (Subtract line 7c from line 6.) | ||||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2010 | (b) 2011 | (c) 2012 | (d) 2013 | (e) 2014 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 9 | Amounts from line 6... | ||||||
| 10a | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. | ||||||
| b | Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975. | ||||||
| c | Add lines 10a and 10b. | ||||||
| 11 | Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on. | ||||||
| 12 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) .. | ||||||
| 13 | Total support. (Add lines 9, 10c, 11, and 12.).. | ||||||
| Section A - Adjusted Net Income | (A) Prior Year |
(B) Current Year (optional) |
||||
| 1 | Net short-term capital gain | 1 | ||||
| 2 | Recoveries of prior-year distributions | 2 | ||||
| 3 | Other gross income (see instructions) | 3 | ||||
| 4 | Add lines 1 through 3 | 4 | ||||
| 5 | Depreciation and depletion | 5 | ||||
| 6 | Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) | 6 | ||||
| 7 | Other expenses (see instructions) | 7 | ||||
| 8 | Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) | 8 | ||||
| Section B - Minimum Asset Amount | (A) Prior Year |
(B) Current Year (optional) |
||||
| 1 | Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): | 1 | ||||
| a | Average monthly value of securities | 1a | ||||
| b | Average monthly cash balances | 1b | ||||
| c | Fair market value of other non-exempt-use assets | 1c | ||||
| d | Total (add lines 1a, 1b, and 1c) | 1d | ||||
| e | Discount claimed for blockage or other factors (explain in detail in Part VI): | |||||
| 2 | Acquisition indebtedness applicable to non-exempt use assets | 2 | ||||
| 3 | Subtract line 2 from line 1d | 3 | ||||
| 4 | Cash deemed held for exempt use. Enter 1-1/2% of line 3 (for greater amount, see instructions). | 4 | ||||
| 5 | Net value of non-exempt-use assets (subtract line 4 from line 3) | 5 | ||||
| 6 | Multiply line 5 by .035 | 6 | ||||
| 7 | Recoveries of prior-year distributions | 7 | ||||
| 8 | Minimum Asset Amount (add line 7 to line 6) | 8 | ||||
| Section C - Distributable Amount | Current Year | |||||
| 1 | Adjusted net income for prior year (from Section A, line 8, Column A) | 1 | ||||
| 2 | Enter 85% of line 1 | 2 | ||||
| 3 | Minimum asset amount for prior year (from Section B, line 8, Column A) | 3 | ||||
| 4 | Enter greater of line 2 or line 3 | 4 | ||||
| 5 | Income tax imposed in prior year | 5 | ||||
| 6 | Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) | 6 | ||||
| 7 | Check here if the current year is the organization's first as a non-functionally-integrated Type III supporting organization (see instructions) | |||||
| Section D - Distributions | Current Year | |
|---|---|---|
| 1 Amounts paid to supported organizations to accomplish exempt purposes | ||
|
2
Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity |
||
| 3 Administrative expenses paid to accomplish exempt purposes of supported organizations | ||
| 4 Amounts paid to acquire exempt-use assets | ||
| 5 Qualified set-aside amounts (prior IRS approval required) | ||
| 6 Other distributions (describe in Part VI). See instructions | ||
| 7Total annual distributions. Add lines 1 through 6. | ||
|
8
Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions |
||
| 9 Distributable amount for 2014 from Section C, line 6 | ||
| 10 Line 8 amount divided by Line 9 amount | ||
| Section E - Distribution Allocations (see instructions) |
(i) Excess Distributions |
(ii) Underdistributions Pre-2014 |
(iii) Distributable Amount for 2014 |
|
|---|---|---|---|---|
|
1
Distributable amount for 2014 from Section C, line 6 |
||||
|
2
Underdistributions, if any, for years prior to 2014 (reasonable cause required--see instructions) |
||||
| 3 Excess distributions carryover, if any, to 2014: | ||||
| a From 2009.......X | ||||
| b From 2010.......X | ||||
| c From 2011.......X | ||||
| d From 2012.......X | ||||
| e From 2013....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2014 distributable amount | ||||
|
i
Carryover from 2009 not applied (see instructions) |
||||
| j Remainder. Subtract lines 3g, 3h, and 3i from 3f. | ||||
| 4Distributions for 2014 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2014 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from 4. | ||||
|
5
Remaining underdistributions for years prior to 2014, if any. Subtract lines 3g and 4a from line 2 (if amount greater than zero, see instructions) |
||||
|
6
Remaining underdistributions for 2014. Subtract lines 3h and 4b from line 1 (if amount greater than zero, see instructions) |
||||
|
7 Excess distributions carryover to 2015. Add lines 3j and 4c. |
||||
| 8 Breakdown of line 7: | ||||
| a From 2010.......X | ||||
| b From 2011.......X | ||||
| c From 2012.......X | ||||
| d From 2013....... | ||||
| e From 2014....... | ||||
| Facts And Circumstances Test |
|---|
| Return Reference | Explanation |
|---|---|
| Schedule A, Part II, Line 10 | Other Income includes: Cause Related Marketing Revenue, Sales of Inventory and Net Income from Special Events. |
| Software ID: | 14000267 |
| Software Version: | v1.00 |
Attach to Form 990 or 990-EZ.
Information about Schedule O (Form 990 or 990-EZ) and its instructions is at| Return Reference | Explanation |
|---|---|
| Form 990, Part III, Line 4a | LANDS Brazil's Amazon Basin. Engaging agricultural producers and indigenous communities to stem the loss of forests. The conservation of such a vast and globally important resource as the Amazon Basin requires coordinated strategies that recognize the natural values of forests, the cultural importance of land tenure and the economic realities of agricultural commodities. Brazil's progressive Forest Code requires Amazon landowners to maintain native forest cover on between 50 and 80 percent of their land, but until fairly recently, the requirements were widely ignored. By demonstrating win win solutions for production and protection in areas where the deforestation threat is greatest, Nature Conservancy innovation is enabling compliance with the Forest Code, while increasing economic opportunity. We are also working with indigenous peoples to integrate traditional knowledge with modern approaches to landscape planning in order to enable greater leadership in deciding how their traditional territories will be managed and to have a stronger voice in policy decisions. At the same time, the Conservancy is developing a blueprint for the basin of the Tapajos River, a major tributary of the Amazon, using tailor made geospatial tools and models to help guide Brazilian environmental and natural resource agencies in decisions regarding dams and other development. Western Checkerboard Deal, United States. To encourage the railroads to expand west in the 1860s, the U.S. Congress gave away every other square mile of land, creating a checkerboard pattern of private and public ownership. With the launch of the Great Western Checkerboard Project, The Nature Conservancy will help conserve the ecological integrity of 257 square miles of forests, rivers and wildlife habitat in the eastern Cascade Mountains of Washington and in the Blackfoot River valley in Montana. Through NatureVest, the Conservancy and other investors used interim financing to acquire the lands, stitching together these important migratory corridors that link up through Canada. Loisaba Conservancy, Kenya. Nature Conservancy donors provided 9 million dollars to transfer a 56,000 acre private property in northern Kenya into the holding of a newly formed conservation trust. This transaction maintains an important wildlife corridor for elephants, protects habitat for 260 bird and 57 mammal species, and supports jobs, schools, health clinics and sustainable grazing options. Combined with adjoining lands of Conservancy partners Lewa Wildlife Conservancy and Northern Rangelands Trust, the Loisaba addition brings conservation management in the area to more than 10 million acres, about the size of Denmark. Martu Living Deserts, Australia. The Nature Conservancy is supporting an unprecedented effort to conserve part of the world's most intact desert in Western Australia. Spanning an area larger than the state of Mississippi, the Martu Living Deserts Project is an innovative collaboration between the Conservancy, global resource company BHP Billiton and local indigenous organization Kanyirninpa Jukurrpa. The project aims to sustainably manage and protect the lands and heritage of the Martu people, whose culture is one of the world's oldest. Combining modern science with traditional knowledge, indigenous rangers undertake fire and feral predator management, threatened species protection, and waterhole maintenance. Protected Areas, Mongolia. The Nature Conservancy has completed assessments of biodiversity, habitats and threats across the entirety of Mongolia. Already, more than 7 million acres of national and local protected areas have been established in critical places, bringing Mongolia's protected area network to 66 million acres, about the size of Colorado. At the invitation of the Mongolian government, the Conservancy is also now applying its Development by Design principles to guide land use decisions, including for mining and infrastructure development, in the Gobi Desert. WATER The Yangtze River. Balancing hydropower with the needs of fish and wildlife. From its headwaters in the Tibetan Plateau, the Yangtze River flows across China and empties into the East China Sea near the historic city of Shanghai. The river has great cultural significance and has provided food and livelihoods for millions of people who have lived along its shores for centuries. But with China's rapid development, its rivers, including the Yangtze, are seen as a primary source of carbon neutral electricity. Must development come at the expense of fish and wildlife habitat and people's well being? The Nature Conservancy is working with Chinese partners on several fronts along the length of the Yangtze to safeguard crucial fish habitat, establish water funds that enable urban centers to invest in watershed conservation, and engage the hydropower industry on how dams are planned, designed and operated, in order to protect and restore fish habitat and other environmental values. Innovations and relationships built in China will be applied to great rivers around the world. Saving Great Rivers. The Nature Conservancy launched the Center for Sustainable Hydropower in Beijing to ensure that conservation has a seat at the table with hydropower decision makers as China accounts for about half of the world's dams. The center will serve as a resource for governments, hydropower companies, and other stakeholders seeking to better understand and incorporate conservation practices into hydropower development plans. By working with these key decision makers, the Conservancy is pursuing new ways to protect the world's most important rivers. Nairobi and the Tana River Water Fund. The Nature Conservancy's Urban Water Blueprint identified Nairobi, Kenya, as a city that could secure water quality through upstream conservation actions. Now the Conservancy and an alliance of other NGOs and businesses are launching the first water fund in Africa to protect the Tana River for the benefit of farmers, businesses, communities and wildlife throughout the watershed. By investing 10 million dollars in planting trees and installing innovative water conservation technology and other actions, downstream users will save an estimated 21.5 million dollars in water treatment costs over 30 years. Chilean Green Infrastructure. In Chile, The Nature Conservancy launched an innovative green infrastructure project aimed at demonstrating that using nature to contain and filter drinking water can be more cost effective than constructing concrete infrastructure and water treatment facilities. Scientists and wetlands experts from the Conservancy and other institutions are working to protect wetlands in the Maipo watershed that provide fresh water to more than 6 million people in the metropolitan area of Santiago, Chile's capital city. The wetlands are 2,700 meters above sea level and less than 70 miles from Santiago. Great Lakes Certification. Lake Erie provides drinking water to millions and is home to more than half of all Great Lakes fish. Recent algal blooms fed by fertilizer runoff from farms have threatened fish and drinking water alike. In response, The Nature Conservancy, researchers and members of the agriculture industry pioneered a certification program that encourages fertilizer service providers to adopt proven best practices to keep nutrients in the field and out of rivers and streams. Sixteen providers completed the voluntary audits and became certified in the first year, influencing more than 1.1 million acres of farmland. The certification program is now expanding into the Mississippi River watershed. Continued on line 4b. |
| Form 990, Part III, Line 4b | Continued from Line 4a. OCEANS Indonesia's Lesser Sunda Region. Managing waters for commerce and ways of life. Ocean waters surrounding the Indonesian archipelago are a rich source of natural diversity, food and livelihoods for local people and of commercial opportunities for fishing, shipping and tourism. Whales, manta rays and sea turtles traverse the same routes where commercial ships ply the waters and subsistence fishers eke out a living. Such increasingly busy waterways, here and around the world, demand a holistic approach to managing and maintaining their health and viability. The Lesser Sunda region offers an example of how The Nature Conservancy pursues the conservation of marine resources at a system wide scale with multiple partners. By combining traditional parks and marine protected areas with sustainable fisheries management and the strengthening of alternative livelihoods, such as seaweed farming, pressure on overexploited local fisheries can be relieved while stocks rebound. And marine spatial planning, a decision making process that creates a blueprint for ocean use and conservation, allows other commercial activities to be more effectively managed and regulated. Micronesian Shark Sanctuary. The Federated States of Micronesia has joined Palau, Guam, the Northern Mariana Islands and the Marshall Islands to establish the world's largest regional shark sanctuary, covering nearly 3 million square miles, an area almost the size of the continental United States. The waters will now be off limits to shark finning and fishing. The Nature Conservancy was invited by the Micronesian government to join its shark legislation working committee because of the organization's history of neutrality and productive partnerships. Gulf of Maine Fisheries. The Nature Conservancy is working across Maine, New Hampshire and Massachusetts to restore fisheries, revitalize the fishing economy and enhance the lives of people who rely on the Gulf of Maine's health. Among the innovations are acquiring fishing permits, testing methods and gear that limit by catch, and introducing video monitoring to make reporting catch more efficient. Fishermen off Cape Cod are helping the Conservancy study Atlantic cod, with the aim of restoring the iconic fish. And near shore, the Conservancy is restoring oyster beds and eelgrass to improve water quality and habitat for juvenile fish. New Bahamas Marine Parks. Thanks to The Nature Conservancy's support, five new national marine parks have been declared in the Bahamas. This is a significant step toward fulfillment of the Bahamian government's commitment to the Caribbean Challenge Initiative, which aims to conserve at least 20 percent of the region's near shore marine and coastal environments by 2020. The parks encompass nurseries for Nassau grouper, queen conch and spiny lobster, as well as crucial grounds for seabird species that breed in the Bahamas. The parks will benefit local fishers and, consequently, food security, and will help create jobs by stimulating ecotourism. Southern Seascapes Restoration. In Australia The Nature Conservancy has worked with the Victoria government and Albert Park Yachting and Angling Club to restore Port Phillip Bay's lost shellfish reefs. Drawing on experience from shellfish restoration projects around the world, the project is testing innovative methods to reestablish the reefs, which filter water and provide habitat for fish. The project is the first restoration effort in the Conservancy's Great Southern Seascapes program, which includes the bays and estuaries of Australia's southern coastline. CLIMATE A 50 State Strategy. Climate policy and action as exemplified by California. As part of The Nature Conservancy's global efforts to affect policy and demonstrate nature based solutions to reduce greenhouse gas emissions, each U.S. state program is harnessing local knowledge and relationships to increase support for emissions reductions nationwide. To accelerate this work, we are partnering with Environmental Defense Fund to advance clean energy and generate bipartisan support for climate action. Building on the momentum of our initial efforts together in New Hampshire, Ohio, Pennsylvania and West Virginia, we are now expanding our partnership to additional states and at the national level. California has one of the most advanced state programs on climate, with a multifaceted strategy. Working with numerous state agencies, landowners and other nonprofits, the Conservancy in California is advancing innovative conservation solutions with successful public policy advocacy to achieve three critical goals, reduce greenhouse gas emissions, remove carbon from the atmosphere, and prepare for and adapt to climate change. California's establishment of a local forest carbon market, for instance, is inspiring other states and informing similar efforts around the world. 50 State Climate Strategy. The Nature Conservancy has launched a new 50 state strategy to achieve meaningful emissions reductions across the United States. Each state program has developed work plans for climate and clean energy policies, on the ground emissions reduction activities, and outreach and coalition building with major constituencies. The initiative aims to harness local knowledge and relationships to advance emissions reductions at the state level and to achieve attitudinal shifts on clean energy and climate among policy leaders at all levels of government. Seychelles Debt Swap. Through a partnership between NatureVest and the Africa region, The Nature Conservancy has agreed to a debt swap in the Republic of Seychelles that will convert a portion of the island nation's foreign debt to investment in conservation and adaptation to climate change. Seychelles is more than 99 percent ocean, and its economy is based almost entirely on tuna and tourism, so protection of marine resources is critical. In addition to funding on the ground conservation and climate adaptation projects, the 31 million dollar investment, a blend of impact capital and philanthropy, will create an endowment to support conservation and adaptation priorities into the future. Borneo Forest for Carbon, Orangutans. The Nature Conservancy's Indonesia program has signed an agreement with a coalition of palm oil, forest plantation and logging companies on the island of Borneoplus the national, provincial and local governments and the Wehea traditional communityto manage 650,000 acres of forests critically important to some 1,000 orangutans. The area is adjacent to the Conservancy's landmark forest carbon project at Berau. The first of its kind collaboration intends to demonstrate that the forest can continue to provide resources for people while protecting habitat for orangutans and other wildlife. Global Carbon Credit Growth. Nature Conservancy supported projects around the world are now generating income for communities and investment in conservation through the trading of carbon credits. Through Carbon Tanzania, members of one of the last hunter gatherer tribes, the Hadza, are now receiving payments for ecosystem services through the sale of certified carbon offset credits. On the Chilean coast, an ecotourism company acquired the first 10,000 certified carbon credits generated at the Conservancy's Valdivian Coastal Reserve. And in northern Australia, a successful fire carbon project at Fish River Station, generating income and jobs for aboriginal communities, has expanded to cover 10 million hectares, about the size of the state of Kentucky. Continue on line 4c. |
| Form 990, Part III, Line 4c | Continued from line 4b. CITIES Metropolitan New York. Bringing conservation to cities in an increasingly urbanized world. Urban conservation is the newest addition to The Nature Conservancy's global agenda, but many component strategies are being adapted from Conservancy experience elsewhere, and some elements have been under way for decades. New York City offers a glimpse of the role the Conservancy will play in helping cities tap nature to become more livable places, resolve challenges of pollution and climate change, and enable citizens to maintain a connection to nature even in the densest urban centers. North American Cities. The Nature Conservancy established an initial network of 13 U.S. cities to advance the role that nature plays in ensuring urban communities have access to the clean water, healthy trees and resilient coasts needed to thrive. The cities are working together to identify common urban partners, as well strategies that best tap Conservancy skills and can be replicated elsewhere. In Miami, for example, Conservancy staff helped launch Coastal Defense, a geographically tailored decision making tool that examines how coral reefs and mangroves help protect Florida's urban coastal communities. D.C. Storm Water Solutions. The Potomac and Anacostia rivers, which flow through Washington, D.C., are routinely polluted with sewage and storm water runoff containing oils, pesticides, nutrients and sediments. Under Washington's current storm water regulations, all new major development projects must meet storm water retention standards that can be fulfilled, in part, by using off site storm water retention credits. The Nature Conservancy's Maryland and D.C. chapter and the impact investment unit NatureVest are working to cultivate and solidify investment resources and to support Washington's reduction of urban pollution through green infrastructure solutions that restore the city's natural hydrology, allowing rainwater to be absorbed by the soil instead of becoming a pollutant. Hong Kong Youth Engagement. With a goal of inspiring the next generation of conservation leaders, The Nature Conservancy in Hong Kong launched an urban youth engagement program, created with education collaborator Seeds Training. More than 100 students from more than three dozen secondary schools across the city participated in the inaugural Nature Works Hong Kong program. Students work with volunteer advisors from the corporate and nonprofit worlds to create realistic plans to resolve environmental challenges in their communities. Urban Forests and Air Quality. Recognizing the need to understand the science of urban conservation, The Nature Conservancy's new cities program is leading research on the role of nature in urban centers. First up is an analysis of the value of urban trees in improving air quality and mitigating heat islands. The initial phase of the study will be conducted in the United States, where urban air pollution is a serious health threat. Research results could help guide urban planning around the world. |
| Form 990, Part VI, Section B, Line 11b | The Form 990 is prepared, based on financial statements audited by PricewaterhouseCoopers, and other internally generated information by the Conservancy's Director of Tax Services. The Form is further reviewed by the Conservancy's Internal Audit Department (which provides independent verification of certain information) and members of Senior Management. As outlined in its charter, the Audit Committee then reviews any significant issues or judgments relating to disclosures in the Conservancy's Form 990. Finally, copies are provided to the full Board of Directors for their comment prior to filing with the IRS. |
| Form 990, Part VI, Section B, Line 12c | The Nature Conservancy's monitoring and enforcement of its conflicts policy is governed by its Conflict of Interest Standard Operating Procedure ("SOP") which is excerpted as follows: Before engaging in any activity on behalf of the Conservancy, staff must determine (a) whether the activity could give rise to a conflict of interest or the appearance of a conflict of interest, and, if so, (b) whether the conflict can or should be avoided to protect the best interests of the Conservancy. If it is not reasonably possible to avoid a conflict of interest or the appearance of a conflict of interest, or it is not in the Conservancy's best interest to do so, staff must determine appropriate strategies to mitigate and manage the potential adverse consequences of the conflict and obtain approval, as described below, prior to engaging in the activity. A conflict of interest exists when an individual who is responsible for acting in the best interests of the Conservancy has another interest or loyalty that could influence or impair, or may appear to influence or impair, the individual's ability to act in the best interests of the Conservancy. As used throughout the SOP, the terms "conflict" and "conflict of interest" include: 1. actual conflicts of interest; 2. potential conflicts of interest (situations that could become actual conflicts in the future based upon foreseeable events or the passage of time); and 3. perceived conflicts of interest (situations that others could reasonably perceive to be, or have the appearance of, a conflict of interest). Generally, conflicts can arise from relationships between the Conservancy and staff, Board members, trustees and advisors, and the families of all those groups. There are very specific rules regarding who is a "covered person" that are governed, in great part, by the U.S. Internal Revenue Service requirements for public charities. If a conflict of interest is identified which cannot reasonably be avoided or it is not in the best interest of the Conservancy to do so, before proceeding with the proposed activity, review and approval to proceed must be obtained as described in this section. While a request for approval of a proposed course of action is pending or being considered, the transaction or activity cannot proceed. A. Board and Key Employee certifications. All Conservancy Board members and key employees shall annually certify that they have read the Conflicts of Interest Policy and have disclosed all conflicts. B. Supervisor Approval Required. In the case of staff, prior to submission for review and approval to the Conflicts Committee the conflict of interest must be raised to the individual's supervisor and the supervisor must make the determination that he or she (a) wishes to pursue the proposed activity and (b) approves the recommended course of action and proposed mitigation as sufficient. Signature on the Approval form indicates this approval. Regional level approval also is required. C. Conflicts Committee Review Required. The Conflicts Committee reviews and makes determinations about conflicts of interest involving the Conservancy, unless excepted by this SOP. See Conflicts of Interest for the Conflicts Committee charter, meeting schedule and list of Committee members. Staff must submit a Request for Conflicts Committee Approval form to the Conflicts Committee when seeking review and approval. The form should explain why the conflict cannot or should not be avoided and recommend a course of action designed to minimize the conflict's potential adverse consequences. By submitting the form, both the person submitting the form and his/her supervisor (a) are responsible for ensuring that the form makes a thorough disclosure of the relevant information, and (b) are deemed to support and be responsible for the recommended course of action. The appropriate Conservancy attorney may be consulted to assist in analyzing the conflict. Board Members and Trustees should contact the Conservancy's Chief Compliance Officer to request a review by the Conflicts Committee. D. Review by the Audit Committee of the Board of Directors. All conflicts of interest involving a member of the Board of Directors, a Director's family members, a Director's Controlled Entities, or a Substantial Contributor shall be submitted to the Audit Committee of the Board of Directors for review and disposition. Referral to the Audit Committee is made by the General Counsel or Chief Compliance Officer on behalf of the Conflicts Committee along with the recommendation for disposition made by the Conflicts Committee. |
| Form 990, Part VI, Section B, Line 15 | Review Process for Officer and Key Employee Compensation: The President and Chief Executive Officer's, as well as, members of the Executive Team's performances and compensation are reviewed annually by the Board of Directors. The performance and compensation of all other Key Employees is reviewed annually by their direct supervisor. All compensation amounts are based on information provided by an independent compensation consultant who utilizes comparable data from Form 990's from other organizations and compensation survey's and studies to ensure reasonableness. |
| Form 990, Part VI, Section C, Line 19 | The Nature Conservancy's governing documents, conflict of interest policy, and financial statements are available to the public via our website: nature.org. |
| Form 990, Part XI, Line 9 | Net Assets of Unconsolidated Subsidiaries |
| Software ID: | 14000267 |
| Software Version: | v1.00 |