2025-09-05T15:03:06-05:00 2024-12-31 391628949 JOHNSON BLOCK & CO INC 9701 BRADER WAY SUITE 202 MIDDLETON WI 53562 990 2024-01-01 391572034 NATURAL RESOURCES FOUNDATION OF NATU 6084093122 211 SOUTH PATERSON STREET 100 MADISON WI 53703 DAVID CLUTTER EXECUTIVE DIRECTOR 6084093122 2025-08-27 1 1 BRETT HOFMEISTER P01290591 6082742002 2024 2025-03-06 01:10:19Z DAVID CLUTTER 211 S PATERSON ST SUITE 100 MADISON WI 53703 19142285 0 X WWW.WISCONSERVATION.ORG X 1987 WI TO PROTECT OUR STATE'S LANDS, WATERS, AND WILDLIFE BY PROVIDING FUNDING, LEADING PARTNERSHIPS, AND CONNECTING ALL PEOPLE WITH NATURE. 20 20 15 455 0 0 2804216 2396537 264625 331521 535290 2051639 4172 2918 3608303 4782615 1161447 943379 0 0 869928 1074498 0 0 405607 648110 652881 2679485 2670758 928818 2111857 21475126 23295000 7577751 7978863 13897375 15316137 X TO PROTECT WISCONSIN'S LANDS, WATERS, AND WILDLIFE BY PROVIDING FUNDING, LEADING PARTNERSHIPS, AND CONNECTING ALL PEOPLE WITH NATURE. 0 0 740127 598740 THE NATURAL RESOURCES FOUNDATION OF WISCONSIN PROVIDES FUNDING FOR OUR STATE'S MOST IMPORTANT AND VULNERABLE LANDSCAPE GEMS, PARTICULARLY STATE NATURAL AREAS, STATE PARKS, AND OTHER KEY PUBLIC LANDS. IN THESE SPECIAL PLACES, WE SUPPORT RESTORATION, CLIMATE RESILIENCE, AND ACCESSIBILITY. WE FUND FORESTS, PRAIRIES, LAKES, WETLANDS, BLUFFS, BARRENS, SAVANNAS, FENS, BOGS, AND MORE. 370068 232402 THE NATURAL RESOURCES FOUNDATION OF WISCONSIN PROVIDES FUNDING FOR PROJECTS THAT PROTECT OUR STATE'S RARE AND ENDANGERED SPECIES. SOME MAJOR PROGRAMS INCLUDE PROTECTION OF ORNATE BOX TURTLES, WHOOPING CRANES, KIRTLAND'S WARBLERS, AMERICAN MARTENS, RUSTY-PATCHED BUMBLEBEES, GRASSLAND BIRDS, AND NATIVE BATS. PROJECTS MONITOR POPULATIONS, CONDUCT RESEARCH, AND IMPROVE HABITAT. 842906 112237 182928 THE NATURAL RESOURCES FOUNDATION OF WISCONSIN'S CONSERVATION EDUCATION PROGRAM INCLUDES A STATEWIDE FIELD TRIP PROGRAM (OVER 318 OUTDOOR EXPERIENCES PROVIDED IN 2024), EDUCATIONAL OUTREACH TO PROMOTE CITIZEN-SCIENCE AND OTHER CONSERVATION VOLUNTEERING OPPORTUNITIES, AND FUNDING FOR EDUCATORS, SCHOOLS, NATURE CENTERS, AND OTHER EDUCATION PARTNERS THAT ENGAGE YOUTH AND ADULTS IN HANDS-ON OUTDOOR EDUCATION. 141614 151511 THE NATURAL RESOURCES FOUNDATION CREATED THE WISCONSIN CONSERVATION ENDOWMENT, SERVING AS A "COMMUNITY FOUNDATION FOR CONSERVATION" TO PROVIDE INDIVIDUAL DONORS AND NON-PROFIT ORGANIZATIONS OPPORTUNITIES TO BUILD A PERMANENT AND SUSTAINABLE SOURCE OF PRIVATE FUNDING TO SUPPORT ALL ASPECTS OF NATURAL RESOURCES CONSERVATION IN WISCONSIN. THE NATURAL RESOURCES FOUNDATION MANAGES THE ASSETS OF MORE THAN 124 INDIVIDUAL ENDOWMENT FUNDS, AGENCY FUNDS, AND SPEND-DOWN FUNDS THAT SUPPORT SPECIES PROTECTION, EDUCATION, HABITAT MANAGEMENT, AND OTHER CONSERVATION ORGANIZATIONS. IN ADDITION, THE NATURAL RESOURCES FOUNDATION MANAGES THE FUNDS OF ESCROW ACCOUNTS UNDER THIRD-PARTY CUSTODIAL AGREEMENTS FOR THE PURPOSE OF NATURAL AREA CONSERVATION. 141614 151511 2094715 1 1 0 0 0 1 0 0 1 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 39 0 1 15 1 0 0 0 0 0 0 0 0 0 0 X 20 20 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 WI X TIM SEIDEL 6084421966 2921 LANDMARK PL SUITE 300 MADISON WI 53713 KRISTINE KRAUSE DIRECTOR 1.00 X 0 0 0 MARK LABARBERA DIRECTOR 1.00 X 0 0 0 AMY ALSTAD DIRECTOR 1.00 X 0 0 0 TOM DOTT CHAIR 2.00 X X 0 0 0 JAMES P BENNETT DIRECTOR 1.00 X 0 0 0 BRUCE BRAUN DIRECTOR 1.00 X 0 0 0 REBECCA HAEFNER DIRECTOR 1.00 X 0 0 0 LINDA BOCHERT DIRECTOR 1.00 X 0 0 0 TOM OLSON DIRECTOR 1.00 X 0 0 0 HALIE TENOR DIRECTOR 1.00 X 0 0 0 DAVE ADAM VICE CHAIR 2.00 X X 0 0 0 MICHAEL WILLIAMSON DIRECTOR 1.00 X 0 0 0 MARTIN HENERT TREASURER 2.00 X X 0 0 0 KRISTINE EUCLIDE SECRETARY 2.00 X X 0 0 0 MARY GADE DIRECTOR 1.00 X 0 0 0 BECKIE GASKILL DIRECTOR 1.00 X 0 0 0 LISA GAUMNITZ DIRECTOR 1.00 X 0 0 0 JAIMES JOHNSON DIRECTOR 1.00 X 0 0 0 SCOTT VALITCHKA DIRECTOR 1.00 X 0 0 0 DAVID ZEUG DIRECTOR 1.00 X 0 0 0 DAVID CLUTTER EXECUTIVE DIRECTOR 40.00 X 112450 0 5343 112450 0 5343 1 0 0 0 0 570884 1825653 160286 2396537 FIELD TRIPS 561520 182928 182928 PROGRAM SERVICE FEES 900099 148593 148593 331521 391739 391739 16019570 14359670 1659900 1659900 1659900 MISCELLANEOUS REVENUE 900099 2918 2918 2918 4782615 334439 0 2051639 943379 943379 117794 73811 11308 32675 810641 507058 79117 224466 31927 20749 1993 9185 43674 28385 2724 12565 70462 45795 4395 20272 96985 51514 22647 22824 32568 32568 155668 140523 11750 3395 34489 33065 1424 91224 55161 7196 28867 54799 39788 4195 10816 85855 51750 10707 23398 13151 11027 278 1846 7463 5829 1454 180 377 377 11122 5067 3807 2248 FIELD TRIP COSTS 37951 37951 0 DONOR EXPENSES 10412 90 357 9965 OTHER DIRECT PROGRAM CO 5309 5309 0 EVENT EXPENSES 4141 3295 0 846 11367 2601 6707 2059 2670758 2094715 170436 405607 843817 584715 440770 375554 193830 268091 21195 19867 4609 2074 2912 2535 19572871 21715800 399731 328438 21475126 23295000 55467 157273 148934 6962077 7478078 411273 343512 7577751 7978863 X 1012837 1081499 12884538 14234638 13897375 15316137 21475126 23295000 2111857 -693095 0 X 0 1 X 1 0 X 2183452 2741666 2309202 2804216 2396537 12435073 25148 34121 53698 37573 37171 187711 2208600 2775787 2362900 2841789 2433708 12622784 443969 12178815 220832 429242 414423 421621 391739 1877857 4830 1352 4712 4172 2918 17984 14518625 969305 0.83880 0.82210 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 14 124994 58798 2104838 1 1 0 1 X 12031225 1044580 1300747 851747 32568 13492237 10415192 1173720 1613764 1143269 28182 12031225 12161944 822777 -1841824 700503 27202 10415192 10637887 874076 1145340 467435 27924 12161944 8609807 790170 1610454 363141 9403 10637887 1.00000 0 0 2400 338 2062 2209 1736 473 2535 SHORT TERM LEASE LIABILITY 77354 LONG TERM LEASE LIABILITY 266158 343512 X 4192361 -693095 135409 -557686 4750047 32568 32568 4782615 2773599 135409 135409 2638190 32568 32568 2670758 PART IV, LINE 2B: THE NATURAL RESOURCES FOUNDATION SERVES AS THE FISCAL AGENT FOR SEVERAL ESCROW ACCOUNTS. THESE ACCOUNTS ARE GENERALLY ESTABLISHED AS A RESULT OF LEGAL SETTLEMENTS WHERE THE FUNDS MAY ONLY BE USED FOR CERTAIN ENVIRONMENTAL PROJECTS. THE NATURAL RESOURCES FOUNDATION DOES NOT HAVE CONTROL OVER THE USE OF THESE FUNDS AND ONLY MAKES DISBURSEMENTS FROM THE FUNDS AS DIRECTED. PART V, LINE 4: THE WISCONSIN CONSERVATION ENDOWMENT PROVIDES SIGNIFICANT LONG-TERM FINANCIAL SUPPORT FOR THE CONSERVATION, PROTECTION, AND MANAGEMENT OF WISCONSIN'S RICH NATURAL RESOURCES--ITS LAKES, RIVERS AND STREAMS, UNIQUE AND BEAUTIFUL LANDSCAPES, AND THE PLANT AND ANIMAL DIVERSITY FOUND THEREIN. PART X, LINE 2: THE FOUNDATION FOLLOWS THE STATUTORY REQUIREMENTS FOR THEIR INCOME TAX ACCOUNTING AND GENERALLY AVOIDS RISKS ASSOCIATED WITH POTENTIALLY PROBLEMATIC TAX POSITIONS THAT MAY BE CHALLENGED UPON EXAMINATION. MANAGEMENT BELIEVES ANY LIABILITY RESULTING FROM TAXING AUTHORITIES IMPOSING ADDITIONAL INCOME TAXES FROM ACTIVITIES DEEMED TO BE UNRELATED TO THE FOUNDATION'S TAX-EXEMPT STATUS WOULD NOT HAVE A MATERIAL EFFECT ON THE ACCOMPANYING FINANCIAL STATEMENTS. THE FOUNDATION'S FEDERAL EXEMPT ORGANIZATION TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE, GENERALLY FOR THREE YEARS AFTER THEY ARE FILED. WITH FEW EXCEPTIONS, THE FOUNDATION IS NO LONGER SUBJECT TO SUCH EXAMINATIONS FOR YEARS BEFORE 2021. 1 NEARBY NATURE MILWAUKEE 4422 W LEON TERRACE MILWAUKEE WI 53216 932643429 501(C)(3) 11900 0 TO SUPPORT THE ANNUAL AFRICAN AMERICAN ENVIRONMENTAL PIONEER AWARDS AND TO RESTORE/REVITALIZE GREEN SPACES ALONG LINCOLN CREEK, WITH A FOCUS ON HOPKINS HOLLOW, THROUGH HABITAT RESTORATION, COMMUNITY ENGAGEMENT, HABITAT RESEARCH, AND RAISING AWARENES OF WILDLIFE HABITAT IN URBAN GREEN SPACE. DNR - NATURAL HERITAGE CONSERVATION 101 S WEBSTER ST PO BOX 7921 MADISON WI 73707 306711 0 TO SUPPORT THE RESTORATION, MANAGEMENT, AND CONSERVATION OF VARIOUS STATE NATURAL AREAS. WISCONSIN ASSOCIATION FOR ENVIRONMENTAL EDUCATION PO BOX 370592 MILWAUKEE WI 53237 391390520 501(C)(3) 5885 0 TO SUPPORT THE MISSION OF THE WISCONSIN ASSOCIATION FOR ENVIRONMENTAL EDUCATION AND ENVIRONMENTAL EDUCATION COLLABORATIVE. DNR - PARKS & RECREATION 101 S WEBSTER ST PO BOX 7921 MADISON WI 73707 62900 0 TO SUPPORT THE CAMPGROUND INFRASTRUCTURE, RESTORATION, AND MANAGEMENT OF WISCONSIN STATE PARKS. DNR - HAVENWOODS STATE FOREST 101 S WEBSTER ST PO BOX 7921 MADISON WI 73707 46000 0 TO SUPPORT COMMUNITY ENGAGEMENT, ENVIRONMENTAL LEARNING, AND ENHANCING VISITOR EXPERIENCE AT MILWAUKEE'S HAVENWOODS STATE FOREST. SOUTHERN WISCONSIN BIRD ALLIANCE 211 S PATERSON ST SUITE 340 MADISON WI 53703 391393389 501(C)(3) 28600 0 TO SUPPORT SOUTHERN WISCONSIN BIRD ALLIANCE AND THEIR BIRD PROTECTION EFFORTS, INCLUDING RAISING AWARENESS OF BIRD DECLINE IN WISCONSIN AND SPUR ACTION AT HOME. NORTH LAKELAND DISCOVERY CENTER 14006 DISCOVERY LN MANITOWISH WATERS WI 54545 391390520 501(C)(3) 9197 0 TO SUPPORT THE CHARITABLE, SCIENTIFIC, AND EDUCATIONAL PURPOSES OF NORTH LAKELAND DISCOVERY CENTER. SELVA 740 BROOKS AVE VENICE CA 90291 262023845 501(C)(3) 22500 0 TO SUPPORT THE NEOTROPICAL FLYWAYS PROJECT. WISCONSIN ACADEMY OF SCIENCES ARTS & LETTERS 1922 UNIVERSITY AVE MADISON WI 53726 391054856 501(C)(3) 7500 0 TO SUPPORT THE 2024 BIRDS AND BEYOND SERIES AND 2024 CLIMATE FAST FORWARD CONFERENCE. TOMAHAWK PUBLIC LIBRARY 300 W LINCOLN AVE TOMOHAWK WI 54487 9509 0 TO SUPPORT THE NATURAL RESOURCES EDUCATION MISSION, PROGRAMMING, AND BIRD PROTECTION EFFORTS AT TOMAHAWK PUBLIC LIBRARY. NORTHEASTERN WISCONSIN BIRD ALLIANCE 211 S PATERSON ST SUITE 340 MADISON WI 53703 391393389 501(C)(3) 10000 0 TO CONTINUE A COLLABORATIVE, LONG-TERM VOLUNTEER BIRD MONITORING PROGRAM ON THE ONEIDA NATION RESERVATION'S RESTORATION SITES. LAKE MICHIGAN BIRD OBSERVATORY 116 W GRAND AVE SUITE 111 PORT WASHINGTON WI 53074 822924873 501(C)(3) 25000 0 TO FORM AND DEVELOP A PARTNERSHIP TO ACHIEVE URBAN BIRD TREATY CITY DESIGNATION, WHICH WILL SERVE AS AN ORGANIZING POINT FOR SILOED ORGANIZATIONS AND AN OPPORTUNITY TO COORDINATE BIRD CONSERVATION AND OUTREACH IN THE REGION. SPECIAL FOCUS WILL BE ON DIVERSITY, EQUITY, AND INCLUSION THROUGHOUT THE PROCESS TO ENSURE HISTORICALLY UNDERREPRESENTED GROUPS IN BIRD CONSERVATION AND BIRDING ARE A PART OF THE PROCESS FROM THE BEGINNING. SOKAOGON CHIPPEWA COMMUNITY 3051 SAND LAKE RD CRANDON WI 54520 7350 0 TO SUPPORT THE SPUR LAKE STATE NATURAL AREA CLIMATE RESILIENCY PROJECT. WISCONSIN WETLANDS ASSOCIATION 214 N HAMILTON ST SUITE 201 MADISON WI 53703 391852601 501(C)(3) 8800 0 TO SUPPORT WISCONSIN WETLAND'S ASSOCIATION'S WATER PROTECTION EFFORTS IN WISCONSIN, AS WELL AS THE SPONSORSHIP OF THE 2025 WISCONSIN WETLANDS SCIENCE CONFERENCE. THE PRAIRIE ENTHUSIASTS PO BOX 824 VIROQUA WI 54545 391601574 501(C)(3) 11704 0 TO REMOVE DENSE WOODY THICKETS FROM TWO REMNANT PRAIRIES IN THE SOUTHWEST SAVANNA REGION TO IMPROVE HABITAT FOR ALREADY PRESENT GRASSLAND BIRDS OF GREATEST CONSERVATION NEED AND TO REPAIR A VITAL BRIDGE CONNECTING THE TWO PARTS OF THE SYLVAN ROAD CONSERVATION AREA, A RARE REFERENCE QUALITY WETLAND/STREAM COMPLEX, TO ENSURE SAFE ACCESS. DNR - WILDLIFE MANAGEMENT 101 S WEBSTER ST PO BOX 7921 MADISON WI 73707 82914 0 TO SUPPORT, RESTORE, MAINTAIN, AND ENHANCE VARIOUS WISCONSIN STATE AREAS. FRIENDS OF DEVIL'S LAKE STATE PARK S5975 PARK RD PO BOX 209 BARABOO WI 53913 391867786 501(C)(3) 6780 0 TO SUPPORT THE MISSION OF THE FRIEND'S OF DEVIL'S LAKE STATE PARK AND CREATE AN ACCESSIBLE PATH AT DEVIL'S LAKE STATE PARK. UPPER SUGAR RIVER WATERSHED ASSOCIATION PO BOX 314 MT HOREB WI 53572 392000260 501(C)(3) 5219 0 TO SUPPORT THE WORK AND MISSION OF THE UPPER SUGAR RIVER WATERSHED ASSOCIATION. DANE COUNTY LAND AND WATER RESOURCES DEPARTMENT 5201 FEN OAK DR MADISON WI 53718 8248 0 TO TO SUPPORT THE MANAGEMENT, MAINTENANCE, AND IMPROVEMENT OF ANDERSON FARM COUNTY PARK. DNR - HIGH CLIFF STATE PARK 101 S WEBSTER ST PO BOX 7921 MADISON WI 73707 8002 0 TO SUPPORT RESTORATION AND MAINTENANCE OF PRAIRIE HABITAT WITHIN HIGH CLIFF STATE PARK. LANDMARK CONSERVANCY 500 MAIN ST E SUITE 307 MENOMONIE WI 54751 391618389 501(C)(3) 34494 0 TO SUPPORT LANDMARK CONSERVANCY WITH THE CONSERVATION OF LOVE LAKE AND AQUISITION/EXPANSION OF PUBLIC LANDS HELD UNDER CONSERVATION EASEMENT IN NORTHEAST WISCONSIN. GROUNDSWELL CONSERVANCY 211 S PATERSON ST SUITE 250 MADISON WI 53703 391452825 501(C)(3) 10228 0 TO SUPPORT THE CARE, MANAGEMENT, AND RESTORATION OF TREWARTHA BOBOLINK HILL FARM AND FOUR OAKS FARM. FRIENDS OF GOVERNOR DODGE STATE PARK 4175 STATE HWY 23 DODGEVILLE WI 53533 391858402 501(C)(3) 22380 0 TO SUPPORT THE MISSION OF THE FRIENDS OF GOVENOR DODGE STATE PARK AND REPLACE ROTTED TIMBERS ON PINE CLIFF TRAIL. NORTHLAND COLLEGE 1411 ELLIS AVE ASHLAND WI 54806 390806428 501(C)(3) 7392 0 TO DETERMINE WHETHER ALTERING WATER LEVELS WOULD BE AN EFFECTIVE MANAGEMENT STRATEGY TO CONTROL THE RECENT INVASION OF EURASIAN WATERMILFOIL (EWM) IN THE TURTLE FLAMBEAU FLOWAGE AND OTHER FLOWAGE TYPE WATER BODIES, MANAGED BY THE MARY GRIGGS BURKE CENTER FOR FRESHWATER INNOVATION. DANE COUNTY CONSERVATION LEAGUE PO BOX 44039 MADISON WI 53744 396081506 501(C)(3) 5436 0 TO SUPPORT THE MANAGEMENT, PROTECTION, AND RESTORATION OF THE GREATER PRAIRIE CHICKEN AND ITS HABITAT IN WISCONSIN, WITH SPECIAL EMPHASIS ON PROJECTS UNDERTAKEN BY THE WISCONSIN DEPARTMENT OF NATURAL RESOURCES AND THE UNIVERSITY OF WISCONSIN SYSTEM IN THE BUENA VISTA GRASSLANDS AREA OF CENTRAL WISCONSIN. OZAUKEE WASHINGTON LAND TRUST 200 WISCONSIN ST WEST BEND WI 53095 391741288 501(C)(3) 6820 0 TO SUPPORT THE MISSION OF THE OZAUKEE WASHINGTON LAND TRUST. CEDAR GROVE ORNITHOLOGICAL RESEARCH STATION PO BOX 156 GLENBEULAH WI 53023 391462563 501(C)(3) 11368 0 TO SUPPORT RAPTOR RESEARCH AT THE CEDAR GROVE ORNITHOLOGICAL RESEARCH STATION; AND SECONDARILY, FOR SUPPORTING BIRD AND RAPTOR CONSERVATION IN WISCONSIN. RIVER ALLIANCE OF WISCONSIN 612 W MAIN ST SUITE 200 MADISON WI 53703 391792143 501(C)(3) 5557 0 TO SUPPORT THE CHARITABLE, SCIENTIFIC, OR EDUCATIONAL PURPOSES OF THE RIVER ALLIANCE OF WISCONSIN, AS WELL AS WATER PROTECTION EFFORTS IN WISCONSIN. 20 4 PART I, LINE 2: THE NATURAL RESOURCES FOUNDATION OF WISCONSIN HAS A GRANTMAKING PROCEDURE THAT SPECIFIES THE DESIGNATION AND MONITORING OF ITS OUTGOING GRANTS. ALL OUTGOING GRANTS ARE APPROVED BY THE DIRECTOR OF CONSERVATION AND EXECUTIVE DIRECTOR BEFORE BEING PRINTED. WHEN THEY ARE DISTRIBUTED TO THE ORGANIZATION, EACH GRANT PAYMENT INCLUDES AN AWARD LETTER THAT SPECIFIES THE AMOUNT AND INTENDED PURPOSE OF THE FUNDS; THE SOURCE OF FUNDS; DATE THE REPORT IS DUE; AND OTHER PERTINENT INFORMATION. NRF INCLUDES LANGUAGE ON THE USE OF FUNDS ("FUNDS MUST BE USED FOR CHARITABLE, EDUCATIONAL, OR SCIENTIFIC PURPOSES PER 501(C)(3) INTERNAL REVENUE CODE") ON ALL OUTGOING GRANTS. REPORTS ARE REQUIRED FROM THE RECIPIENT FOR ALL GRANTS. THESE ARE DUE WITHIN ONE YEAR OF RECEIVING THE FUNDS, AND EXTENSIONS ARE PERMITTED ON A CASE-BY-CASE BASIS AS APPROVED BY THE DIRECTOR OF CONSERVATION. X 6 159939 FAIR MARKET VALUE X MATERIALS AND SUPPLIES 3 347 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE PREPARED FORM 990 IS DISTRIBUTED TO THE MEMBERS OF THE GOVERNING BODY TO GIVE THEM AN OPPORTUNITY TO REVIEW THE RETURN BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH NEW DIRECTOR AND EMPLOYEE SIGNS A STATEMENT ACKNOWLEDGING THAT THEY HAVE RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY. EACH YEAR AT THE JANUARY MEETING THE CHAIRMAN REMINDS ALL DIRECTORS OF THE IMPORTANCE OF THE CONFLICT OF INTEREST POLICY AND REQUIRES EACH DIRECTOR, AS WELL AS EMPLOYEES, TO SIGN A STATEMENT ACKNOWLEDGING THAT THEY HAVE REVIEWED THE POLICY AND DISCLOSED AND INTERESTS THAT COULD GIVE RISE TO CONFLICTS. THE SIGNED STATEMENTS ARE REVIEWED AT THE MANAGEMENT LEVEL. IF ANY CONFLICTS ARE IDENTIFIED, THE PERSON WITH A CONFLICT IS PROHIBITED FROM PARTICIPATING IN THE GOVERNING BODY'S DECISION ON THE MATTER. FORM 990, PART VI, SECTION B, LINE 15A ON AN ANNUAL BASIS THE CHAIRMAN AND ONE OR MORE MEMBERS OF THE EXECUTIVE COMMITTEE UNDERTAKE A FORMAL EVALUATION OF THE EXECUTIVE DIRECTOR AND SEEK INFORMATION ON COMPENSATION FOR COMPARABLE POSITIONS. THE EXECUTIVE DIRECTOR IS GENERALLY COMPENSATED AT 80-110% OF THE MEDIAN RATE FOR COMPARABLE POSITIONS IN SIMILARLY-SIZED NONPROFIT ORGANIZATIONS IN THE AREA. THE EXECUTIVE COMMITTEE RECOMMENDS COMPENSATION CHANGES FOR THE EXECUTIVE DIRECTOR FOR APPROVAL TO THE FULL GOVERNING BODY AT THE OCTOBER MEETING FOR THE FOLLOWING YEAR. THIS PROCESS WAS LAST UNDERTAKEN IN 2022. FORM 990, PART VI, SECTION C, LINE 19 THE NATURAL RESOUCES FOUNDATION PUBLISHED AN ANNUAL REPORT THAT SUMMARIZES FINANCIAL RESULTS AND ITS ACCOMPLISHMENTS OF THE PREVIOUS YEAR. AUDITED FINANCIAL STATEMENTS, THE CONFLICT OF INTERST POLICY, AND GOVERNING DOCUMENTS ARE NOT MADE READILY AVAILABLE TO THE PUBLIC BUT ARE AVAILABLE UPON REQUEST.