2026-07-17T13:23:31-05:00 2025-12-31 391628949 JOHNSON BLOCK & CO INC 9701 BRADER WAY SUITE 202 MIDDLETON WI 53562 990 2025-01-01 391572034 NATURAL RESOURCES FOUNDATION OF WISCONSI NATU 6084093122 211 SOUTH PATERSON STREET 100 MADISON WI 53703 DAVID CLUTTER EXECUTIVE DIRECTOR 6084093122 2026-07-17 1 HUI MENG P01940244 6082742002 2025 2025-03-06 01:10:19Z DAVID CLUTTER 211 S PATERSON ST SUITE 100 MADISON WI 53703 14289253 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. 15 15 17 458 0 0 2396537 2891647 331521 346318 2051639 523811 2918 5551 4782615 3767327 943379 807102 0 0 1074498 1082230 0 0 439910 652881 669487 2670758 2558819 2111857 1208508 23295000 27802964 7978863 9505807 15316137 18297157 X TO PROTECT WISCONSIN'S LANDS, WATERS, AND WILDLIFE BY PROVIDING FUNDING, LEADING PARTNERSHIPS, AND CONNECTING ALL PEOPLE WITH NATURE. 0 0 692483 529289 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. 367428 209227 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. 838768 68586 192470 THE NATURAL RESOURCES FOUNDATION OF WISCONSIN'S CONSERVATION EDUCATION PROGRAM INCLUDES A STATEWIDE FIELD TRIP PROGRAM (OVER 321 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. 79380 159399 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. 79380 159399 1978059 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 17 1 0 0 0 0 0 0 0 0 0 0 X 15 15 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 DAVE ADAM CHAIR 2.00 X X 0 0 0 MICHAEL WILLIAMSON VICE CHAIR 2.00 X X 0 0 0 MARTIN HENERT TREASURER 2.00 X X 0 0 0 KRISTINE EUCLIDE SECRETARY 2.00 X X 0 0 0 AMY ALSTAD DIRECTOR 1.00 X 0 0 0 JAMES P BENNETT DIRECTOR 1.00 X 0 0 0 LINDA BOCHERT 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 REBECCA HAEFNER DIRECTOR 1.00 X 0 0 0 JAIMES JOHNSON DIRECTOR 1.00 X 0 0 0 KRISTINE KRAUSE DIRECTOR 1.00 X 0 0 0 MARK LABARBERA 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 115150 0 5443 115150 0 5443 1 0 0 0 0 714296 2177351 223019 2891647 FIELD TRIPS 561520 192470 192470 PROGRAM SERVICE FEES 900099 153848 153848 346318 485396 485396 10560341 10521926 38415 38415 38415 MISCELLANEOUS INCOME 900099 5551 5551 5551 3767327 351869 0 523811 807102 807102 120593 80882 3931 35780 817642 548393 26654 242595 32331 21685 1054 9592 39341 26384 1285 11672 72323 48506 2359 21458 103498 57270 21244 24984 37798 37798 106705 91590 11911 3204 41215 30114 1493 9608 91476 48703 11773 31000 59814 42938 3383 13493 83673 55718 3302 24653 19213 15707 1288 2218 6870 3813 1794 1263 377 377 9276 3994 3515 1767 FIELD TRIP COSTS 49832 49832 0 OTHER DIRECT PROGRAM CO 37858 37858 0 EVENT EXPENSES 7164 2824 10 4330 MEMBERSHIP DUES 6258 120 6138 8460 4626 1541 2293 2558819 1978059 140850 439910 584715 504563 375554 430990 268091 356305 19867 79148 4609 2451 2535 2158 21715800 26173735 328438 256065 23295000 27802964 157273 116601 174646 7478078 8942024 343512 272536 7978863 9505807 X 1081499 1082492 14234638 17214665 15316137 18297157 23295000 27802964 1208508 1772512 0 X 0 1 X 1 0 X 2741666 2309202 2804216 2396537 2891647 13143268 34121 53698 37573 37171 29999 192562 2775787 2362900 2841789 2433708 2921646 13335830 159991 13175839 429242 414423 421621 391739 485396 2142421 1352 4712 4172 2918 5551 18705 15496956 1254423 0.85020 0.83880 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 14 83552 48652 2294623 1 1 0 1 X 13492237 1856676 2220150 1076924 37319 16454820 12031225 1044580 1300747 851747 32568 13492237 10415192 1173720 1613764 1143269 28182 12031225 12161944 822777 -1841824 700503 27202 10415192 10637887 874076 1145340 467435 27924 12161944 1.00000 0 0 2400 400 2000 2209 2051 158 2158 SHORT TERM LEASE LIABILITY 80530 LONG TERM LEASE LIABILITY 192006 272536 X 5647334 1772512 145293 1917805 3729529 37798 37798 3767327 2666314 145293 145293 2521021 37798 37798 2558819 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 2022. 1 DNR - NATURAL HERITAGE CONSERVATION 101 S WEBSTER ST PO BOX 7921 MADISON WI 73707 227770 0 TO SUPPORT THE RESTORATION, MANAGEMENT, AND CONSERVATION OF VARIOUS STATE NATURAL AREAS. DNR - PARKS & RECREATION 101 S WEBSTER ST PO BOX 7921 MADISON WI 73707 49996 0 TO SUPPORT THE CAMPGROUND INFRASTRUCTURE, RESTORATION, AND MANAGEMENT OF WISCONSIN STATE PARKS. SOUTHERN WISCONSIN BIRD ALLIANCE 211 S PATERSON ST SUITE 340 MADISON WI 53703 391393389 501(C)(3) 29352 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. SELVA 740 BROOKS AVE VENICE CA 90291 262023845 501(C)(3) 7500 0 TO SUPPORT THE NEOTROPICAL FLYWAYS PROJECT. TOMAHAWK PUBLIC LIBRARY 300 W LINCOLN AVE TOMOHAWK WI 54487 10060 0 TO SUPPORT THE NATURAL RESOURCES EDUCATION MISSION, PROGRAMMING, AND BIRD PROTECTION EFFORTS AT TOMAHAWK PUBLIC LIBRARY. LAKE MICHIGAN BIRD OBSERVATORY 116 W GRAND AVE SUITE 111 PORT WASHINGTON WI 53074 822924873 501(C)(3) 17500 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 9750 0 TO SUPPORT THE SPUR LAKE STATE NATURAL AREA CLIMATE RESILIENCY PROJECT. THE PRAIRIE ENTHUSIASTS PO BOX 824 VIROQUA WI 54545 391601574 501(C)(3) 25547 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 98440 0 TO SUPPORT, RESTORE, MAINTAIN, AND ENHANCE VARIOUS WISCONSIN STATE AREAS. UPPER SUGAR RIVER WATERSHED ASSOCIATION PO BOX 314 MT HOREB WI 53572 392000260 501(C)(3) 5533 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 8647 0 TO TO SUPPORT THE MANAGEMENT, MAINTENANCE, AND IMPROVEMENT OF ANDERSON FARM COUNTY PARK. LANDMARK CONSERVANCY 500 MAIN ST E SUITE 307 MENOMONIE WI 54751 391618389 501(C)(3) 28368 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) 10316 0 TO SUPPORT THE CARE, MANAGEMENT, AND RESTORATION OF TREWARTHA BOBOLINK HILL FARM AND FOUR OAKS FARM. DANE COUNTY CONSERVATION LEAGUE PO BOX 44039 MADISON WI 53744 396081506 501(C)(3) 5706 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) 10525 0 TO SUPPORT THE MISSION OF THE OZAUKEE WASHINGTON LAND TRUST. RIVER ALLIANCE OF WISCONSIN 612 W MAIN ST SUITE 200 MADISON WI 53703 391792143 501(C)(3) 5775 0 TO SUPPORT THE CHARITABLE, SCIENTIFIC, OR EDUCATIONAL PURPOSES OF THE RIVER ALLIANCE OF WISCONSIN, AS WELL AS WATER PROTECTION EFFORTS IN WISCONSIN. FRIENDS OF CEDARBURG BOG 3095 BLUE GOOSE RD SAUKVILLE WI 53080 203622223 501(C)(3) 23173 0 TO SUPPORT THE CHARITABLE, SCIENTIFIC, OR EDUCATIONAL PURPOSES OF THE FRIENDS OF CEDARBURG BOG. COLOR IN THE OUTDOORS W2653 HIGHWAY 33 MAYVILLE WI 53050 12000 0 TO SUPPORT THE MISSION AND OPERATIONS OF THE COLOR IN THE OUTDOORS WISCONSIN SOCIETY FOR ORNITHOLOGY PO BOX 2 GRAFTON WI 53024 396040605 501(C)(3) 10124 0 TO SUPPORT PRE-PUBLICATION COSTS FOR THE WISCONSIN BREEDING BIRD ATLAS II, WHICH IS A COMPREHENSIVE FIELD SURVEY DOCUMENTING THE DISTRIBUTION AND ABUNDANCE OF BIRDS BREEDING ACROSS THE STATE OF WISCONSIN. BADGER HISTORY GROUP INC PO BOX 113 PRAIRIE DU SAC WI 53578 261826902 501(C)(3) 10000 0 TO EXPAND AND CONNECT CRITICAL HO-CHUNK NATION AND WI DNR GRASSLAND TRACTS BY FORESTRY MOWING AND HAND-CUTTING AND TREATING, MONITOR EFFECTS ON BREEDING BIRD AND SMALL MAMMAL POPULATIONS, AND BUILD COLLABORATIVE RELATIONSHIP AMONG STAKEHOLDERS OSA CONSERVATION 1300 I ST NW STE 400E WASHINGTON DC 20005 810621147 501(C)(3) 8216 0 TO SUPPORT THE CONSERVATION OF THE OSA PENINSULA IN COSTA RICA. BURKE CENTER FOR ECOSYSTEM RESEARCH PO BOX 6 ASHLAND WI 54806 992150839 501(C)(3) 7836 0 TO ASSESS EURASIAN WATERMILFOIL (EWM) SPREAD AND DOCUMENT NATIVE AQUATIC PLANT COMMUNITY CHANGES ACROSS THIS WATER-LEVEL-MANAGED TURTLE FLAMBEAU FLOWAGE. NORTHEASTERN WISCONSIN AUDUBON SOCIETY PO BOX 1 GREEN BAY WI 54305 237437037 501(C)(3) 7500 0 TO CONTINUE A COLLABORATIVE, LONG-TERM VOLUNTEER BIRD MONITORING PROGRAM ON THE ONEIDA NATION RESERVATION'S RESTORATION NATIONAL AUDUBON SOCIETY INC 225 VARICK STREET NEW YORK NY 10014 131624102 501(C)(3) 7500 0 TO IMPROVE GRAZING AND GRASSLAND HABITAT MANAGEMENT PRACTICES ACROSS AT LEAST 12,590 ACRES IN WISCONSIN, PRIORITIZING FARMS WITHIN IMPORTANT BIRD AREAS (IBAS) INTERNATIONAL CRANE FOUNDATION E11376 SHADY LANE ROAD BARABOO WI 53913 391187711 501(C)(3) 7000 0 TO SUPPORT CAPTIVE BREEDING AND REARING OF CHICKS USING COSTUME REARING AND PARENT REARING METHODS, SPECIALIZED VETERINARY CARE, RESEARCH AND MONITORING OF REINTRODUCED WHOOPING CRANES IN WISCONSIN DRIFTLESS AREA LAND CONSERVANCY 206 S IOWA STREET PO BOX 323 DODGEVILLE WI 53533 392017802 501(C)(3) 6164 0 TO PROVIDE THE MINERAL POINT ENVIRONMENTAL WELLNESS CLUB WITH A FIELD EXPERIENCE FOR A HANDS-ON OPPORTUNITY TO EXPLORE ENVIRONMENTAL ETHICS THROUGH A GUIDED DAY TRIP TO GOVERNOR DODGE STATE PARK. BY ENGAGING WITH LEAVE NO TRACE PRINCIPLES AND REFLECTING AND REFLECTING ON GROUP GOALS, STUDENTS WILL RETURN EMPOWERED TO LEAD SUSTAINABILITY EFFORTS WITHIN THEIR SCHOOL COMMUNITY. KETTLE MORAINE LAND TRUST PO BOX 176 ELKHORN WI 53121 392010641 501(C)(3) 6000 0 TO CONDUCT A PRESCRIBED BURN AND RESEEDING TO ENSURE THAT JACKSON CREEK PRESERVE REMAINS BOTH A REFUGE FOR BIODIVERSITY AND AN ACCESSIBLE OUTDOOR CLASSROOM FOR GENERATIONS TO COME. WINMAN TRAILS INC PO BOX 184 MANITOWISH WATERS WI 54545 920362465 501(C)(3) 5692 0 TO SUPPORT THE MISSION AND PROGRAMS OF WINMAN TRAILS, INC. 23 3 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 10 221759 FAIR MARKET VALUE X MATERIALS AND SUPPLIES 6 1260 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 2024. 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.