2016 Annual Report

L ANDSCAPES Peninsula Open Space Trust 2016 Annual Report

OUR MISSION

POST protects and cares for open space, farms and parkland in and around Silicon Valley.

OUR VISION

POST is shaping a vibrant ecosystem for Silicon Valley— a network of protected lands that provide scenic beauty, clean air and water, locally grown food, and a place for people and wildlife to thrive. These lands will be preserved forever so that present and future generations can live in harmony with nature, in a careful balance of urban and rural landscapes that make our region extraordinary. cover

ŠTeddy Miller 2016

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8

TA B L E O F C O N T E N T S

Protected Land for Us All

Cared for Our Protected Lands

10

Expanded Support

12

Connected You to the Land

14

Statement of Financial Position

4

2016 Year in Review

5

A Look Ahead

6

Protected Land for Us All

8

Cared for Our Protected Lands

10

Expanded Support

12

Connected You to the Land

14

Statement of Financial Position

16

Donors: Leadership Gifts & Summit Society

18

Donors: Skyline Society

26

Donors: Friends

30

Matching Contributions, Estate Gifts & Donated Services

31

Tribute Gifts & Ways to Give

32

Open Space Legacy Society

34

Volunteers

35

Board Members

16

Donors

2016 YEAR IN REVIEW When my father joined the POST Board in the 1980s, it was a novel idea to buy and protect land and transfer it to public agencies for public access.

Back then land protection required significant political maneuvering. As a private organization, POST was nimble and responsive enough to work through it all and get the job done.

POST’s vision has always been bold, and I have been honored to be a second-generation board member and Board Chair. During my tenure, POST has expanded our work beyond the hills of San Mateo County to include Santa Clara and Santa Cruz Counties, secured a future for vast redwood forests and initiated efforts to save our coastal farmlands. I am particularly proud of launching our Farmland Futures Initiative (FFI) last February and to report that three farms on the San Mateo coast have already been protected through the program.

From my family’s ranch in Saratoga, I saw what happens when good farmland is paved over, it disappears forever. As a result, I have spent most of my life working to keep local farming viable while protecting our open spaces, and that is exactly what FFI does. POST’s innovative approach to farmland protection guarantees that what happened to the Valley of Heart’s Delight does not happen on the San Mateo coast.

As you can tell, the mission of POST is near and dear to both my family and to me. It is comforting to leave POST in the capable hands of the staff and my successor, Dennis. It has been an honor to serve as your Board Chair and to have the opportunity to work with you, our donors, to create an ongoing and evolving legacy of thriving open spaces in this area for generations to come.

With fond regards,

Jan F. Garrod, Outgoing POST Board Chair 4

A LOOK AHEAD

PO

As I reflect on our past, looking ahead also energizes me. As times change, POST continues to evolve. The work ahead of us is more important than it has ever been and I look forward to working with you, our donors, to make exciting things happen.

ST

WELCOMES

NEW POSTir Board Cha

©Paolo Vescia

PO

More than ever, we value POST’s work and I want to thank Jan for all that he has done to further our mission. From FFI and Taste of the Coast, to the many projects, investments and accomplishments detailed in this report, his leadership leaves very large shoes to fill. As I take over as Board Chair in January, I can’t wait to keep Jan’s momentum going.

WELCOMES

As we celebrate POST’s 40th Anniversary in 2017, I invite all of you to celebrate the myriad ways that our local open spaces add to our daily lives.

legacy forward. Take our two most recent campaigns: Heart of the Redwoods and the Farmland Futures Initiative. Both are excellent examples of how our work has evolved to protect multiple conservation values at once. Scenic vistas, critical watersheds, rare and protected wildlife habitat, productive farmlands and forests and increasingly connected recreational access have all been protected in these campaigns.

This is called multi-benefit conservation and it relies on data and on the ground science to more accurately target where we work, how we work and the results we want to see from our work.

ST

My wife, Nancy, and I have lived with views of Windy Hill for years.

Our family has benefitted from POST’s work and is so grateful to our founders for their vision and tenacity so long ago.

It’s a perfect time to celebrate the new things we are doing in land conservation that propel our Dennis DeBroeck, Incoming POST Board Chair 5

2016 ACCOMPLISHMENTS

PROTECTED LAND FOR US ALL Launched Farmland Futures Initiative Launched the Farmland Futures Initiative (FFI), a 10-year, $25 million campaign to ensure local farmlands are forever protected for the multitude of benefits they provide. The initiative will triple the number of protected farms and number of protected farmland acres on the San Mateo County coast.

Introduced an Innovative New Tool Introduced a new land protection tool — the affirmative agricultural easement, to achieve FFI goals. While offering natural resource protection and limitations on development, this new easement also requires some or all of the property remain in active agricultural production.

Protected Pie Ranch Upgraded a conservation easement on Pie Ranch, an organic educational farm on Highway 1, to an affirmative agricultural easement. Once part of a historic dairy operation covering AĂąo Nuevo Point, the property is now used to teach both farmers and inner city students about food, farming and sustainable agriculture.

Protected Potrero Nuevo Farm Purchased an affirmative agricultural easement on the 300-acre Potrero Nuevo Farm in San Gregorio. Situated along Tunitas Creek Road, this picturesque and visible farm grows over 40 organic crops, provides 250 acres of grazing land for LeftCoast GrassFed cattle and includes 19 acres of prime wildlife habitat along Tunitas Creek.

Learn more about these projects at farmlandfutures.org.

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above

©William Laven / left ©Evan Winslow Smith 2016 / right ©Daniel Olstein 2015

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2016 ACCOMPLISHMENTS

CARED FOR OUR PROTECTED LANDS

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Sustainably Rebuilt a Barn

Integrated Science and Data

Improved Water Efficiency

Rebuilt a decaying barn on Cloverdale Coastal Ranches to improve the long-term operation of Root Down Farm, a pasture raised livestock operation on the property, and future farms. The new barn was built

by Santa Cruz Timberframes to last 300 years and uses both recycled wood from the old barn as well as locally grown redwood. Watch the three part video series on this project at openspacetrust.org/blog/ root-down-barn.

Hired Director of Conservation Science, Dr. Nicole Heller, to ensure that POST is integrating the best available science and data into our work improving and caring for protected lands. For example, her work to inform the many benefits of fire for managing forest health.

Learn more about our recent controlled burn at openspacetrust.org/blog/ fire-back-to-the-land.

Drilled wells on three farms and ranches in order to minimize use of stream water during peak usage seasons and provide the farmers and ranchers with improved, more efficient water infrastructure.

Improved Forest Management

Finalized a Long Term Relationship

Planned for Trails

Completed our first sustainable timber harvest on 84-acres of San Vicente Redwoods. This selective thinning helps to ensure long-term ecological benefits and a healthy forest. For more information on the harvest visit openspacetrust.org/

Completed a long-term lease with an option to purchase with Ryan Casey of Blue House Farm on a scenic and resource rich 74-acre San Gregorio farm. The lease keeps prime soil in production, while providing a popular organic farm with long-term stability and a place to connect with the community through seasonal programs.

Supported Midpen’s creation of a conceptual design and feasibility study to provide safe passage for wildlife and improve regional trail connections across Highway 17.

blog/san-vicente-redwoods-the-harvest.

ŠTeddy Miller 2016

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2016 ACCOMPLISHMENTS

EXPANDED SUPPORT

INCREASE IN ANNUAL FUND DONATIONS

In the past year, the community of people who share our vision of conservation has grown larger than ever. This expanded support is gratifying and practical as it helps us further our ability to act quickly, effectively and ensure a future for open space here at home.

1,035

©William Laven

©Evan Winslow Smith 2016

NEW DONORS 10

%

©William Laven

500

+

ATTENDEES OF TASTE OF THE COAST WITH POST 38% WERE NEW TO POST

7,000

+

650

NEW MEMBERS OF OUR ONLINE COMMUNITY

PEOPLE ATTENDED ©Teddy Miller 2016

$

6M

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COMMUNITY EVENTS

RAISED FOR FFI DOUBLE OUR GOAL!

©William Laven

©Heather Finnecy 2016

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2016 ACCOMPLISHMENTS

CONNECTED YOU TO THE LAND

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We know it is not always easy to get out there, so we worked to develop new ways to connect you with the lands you love.

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Digital Guides Created guides to expand your knowledge of hikes, plants, local food and wildlife.

Regular Engaging Communications

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Providing you with more of the stories and photos you love, both online and off.

Easier access to our work, ways you can enjoy our open spaces and support us.

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Mobile Friendly & Streamlined Website

Daily Conversations & Content Keep up on the conversation with us each day on Facebook, Instagram and Twitter.

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AS OF JUNE 30, 2016

STATEMENT OF FINANCIAL POSITION ASSETS

LIABILITIES

Cash and cash equivalents

$215,925

Accounts payable and other liabilities

271,220

Stewardship liabilities

Accounts receivable

591,505

Notes payable

3,536,499 1,833,578

Pledges, grants and bequests receivable, net

10,775,323

Asset retirement obligations

Financing receivables, net

23,350,000

Funds held in agency trust funds

271,220

66,268

Liabilities under remainder trusts

2,566,090

Prepaid expenses and other assets

585,068

Investments

160,681,489

Residual interest in charitable remainder trusts Investments held in charitable remainder trusts Land held-for-conservation Property and equipment, net Total assets

Total liabilities

5,456,415 75,302,222

NET ASSETS

5,618,678

$283,267,131

Unrestricted Board Designated

Temporarily restricted Permanently restricted

PROGRAM EFFICIENCY * POST spends 83% of funds directly on program services, 12% on fundraising and 5% on management and support. *5 Year Rolling Average

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$9,588,571

353,018

Total unrestricted net assets

83

741,896

Cash held on behalf of public agencies

Interest receivable

%

$639,288

Total net assets Total liabilities and net assets

$16,372,582 241,654,237 $258,026,819 15,101,241 550,500 $273,678,560

$283,267,131

FOR THE YEAR ENDED JUNE 30, 2016

STATEMENT OF ACTIVITIES REVENUE, SUPPORT AND GAINS Contributions and grants Contributions of land and easements Interest and dividends Realized and unrealized gains and (losses) on investments, net Rental and other income

Total revenue, support, and gains

$16,205,262 450,000 3,106,716 (3,385,399) 341,966

$16,718,545

“

I support POST because of their effort trying to preserve the environment. They actually get things done. I know of a few

O P E R AT I N G E X P E N S E S Program services

organizations that raise large $8,869,223

Fundraising

2,420,197

Management and support services

1,190,976

Total operating expenses

$12,480,396

portions of money, but never actually use it to help improve the world. Fortunately POST is not one of those organizations.

Thanks to them, nature in

Change in net assets

$4,238,149

Net assets, beginning of the year

$269,440,411

Net assets, end of the year

$273,678,560

California will be able to continue its existence.

”

—Aidan Percer

MATCHING GIFTS

DONATED SERVICES

Corporate matching gift programs were most greatly leveraged by the employees of the following companies in FY 2016:

31st Union Best Coast Wines Big Basin Vineyards Blue House Farm Donald & Suzanne Bray Scott Cook & Signe Ostby Cooper-Garrod Estate Vineyards Devil’s Canyon Brewing Co. Embarcadero Media Equinox Winery

ESTATE GIFTS

Giusti Farms Half Moon Bay Brewing

POST is honored to acknowledge the bequests and other legacy gifts received in FY 2016 from the following individuals:

Hop Dogma Brewing Co. Kings Mountain Vineyards Larry Jacobs & Sandra Belin

Anonymous (2)

Marion Eunice Goltz

Richard E. Rowland

LeftCoast GrassFed/TomKat Ranch Educational Foundation

Annabelle L. Baley

Dolf F. Hofmeyer

Hazel Simon

Menlo Hardwoods

Margaret C. Brandon

Robert & Louise Lee

Mary P. Smith

Mount Eden Vineyards

Maryann Danielson

David MacKenzie

William H. Van Horn

New Leaf Community Markets, Inc

Philip A. Diether

Edward Maker, II

Nancy P. Weston

Pizzeria Delfina

Arthur K. & Norma M. Dunlop

Henry Riggs

Portola Vineyards

Evelyn Flanary & Ferne A. Hollebeck

Elsa J. Roscoe

Ridge Vineyards, Inc. Rosekrans Family Russian Ridge Winery South Bay Construction Storrs Winery Kathy Webster Wine Doctors Whole Foods

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©Teddy Miller 2016

G I F T S R E C E I V E D J U LY 1 - S E P T 3 0 , 2 0 1 6

SAVE OPEN SPACE

TRIBUTE GIFTS

WAYS TO GIVE

In Honor of

In Memory of

Double the impact of your gift!

Karl Bareis

Nan Blackledge

Anne & David Bernstein

Jeanne Carevic

Many companies match donations their employees make to charities and

Mrs. Frankie Chios

Daniel L. Cavan

Gordon Clark

Chex

Bob Coffman

Jos Claerbout

The Founders of POST

Laura Clark-Moore

Ted & Sissy Geballe

Kirke White Comstock

Leave a Legacy of Protected Land

Otis & Phyllis Haislip

Richard E. Dudley

Make a meaningful gift to POST through your will or trust. Or, name

Brenda Jewett

Beverly J. Foster

POST a beneficiary of your IRA or donor advised fund. If you have

Rhosie Koopmans

Vicki Higgins

Michael Lydon

Esther M. Zimmer Lederberg

included POST in your plans, please let us know so we can invite you

Bob MacDonald

Peggy Lund

to join our Open Space Legacy Society. To learn more, contact Jeanine

Lilian Marcus

David L. Nelson

Crider, Director of Planned Giving:

Paul McCloskey

William H. Sain

jcrider@openspacetrust.org

Terri S. Michel

John R. Skelton

Alan Mooers

Rick Van Rheenen

Gayle Riggs

Austin Wylie

some match gifts made by retirees. Is your employer one of them?

Learn more: openspacetrust.org/matching

(650) 854-7696 x312

POST’S TA X ID NUMBER IS 94-2392007

Jeff Scroggin Dick Shaff Diana Sunshine’s 50th Marilyn J. Walter

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LAND & OUTREACH

VOLUNTEERS Hap & Lucinda Abbott Suzanne Abel Taija Aguirre Luke Bailey Kara Baker Tina Bao Jack H. Beebe Nina T. Bell Margaret J. Berlese Mary F. Bernstein Stephen Boles Norma Jean Bodey Linda Bortolus David W. Brennan Leonard Bria Mary Bromage Melvin & Anna Brown Steve Brugler Mark C. Buchsieb Andy Butcher Mike Butler Paul & Victoria Butz Bill Buxton Keith Byars

Theo L. & Jackie Callahan Thomas Carlino Monica M. Cavallaro John Chamberlain Cobe Chatwood Joe Christy Marybelle Cody Kenneth Collins Gary Conway Frank Crossman Elna B. Cunningham Jamie D’Alessandro Kathleen Dailey Dennis R. DeBroeck Miriam DeJongh Ann A. Duwe Linda Elkind Barry Elkins Alan & Sally Ellsworth Jerilyn Emori John W. Epperheimer John Epperson Erin Fariss Tony Ferrari

Landscapes is printed on 30% post-consumer paper with soy inks.

Oscar & Victoria Flamenco Leslie Flint Tamara Fraizer Charles Gaillard Denise Gilbert Kyle & Leigh Glerum Nancy Gogan Emmeline Graham Todd Gregorian Michael J. Hammes Nan Hampton Wait & Leslie Harris Drake Hebert Chuck & Kit Henderson James G. Holt Ian Howell Sarah Hsia Al Huber Susan Hudak W. Jay Itote Dale M. Jantzen Deb Jensen Michael Jeung Jerry & Ginny Kaminski

Dennis T. Kanemura Neal B. Kramer Tony Kramer Deanna Kung Carrie Lavine Stephen A. Leaf Anna Lee Jim Chon Lee Beverly Lipman Jim Lipman Tory Loomis Gene Lopez Eric Lynch Hayden MacArthur Magda MacMillan Carmen R. Maddock Austin Mader-Clark Karen A. Madsen Dennis Maggard Henry Magnuski Charlie Maguire Mike Maguire Larry Manning Jim & Norma Marshall Scott Marshall

We make every effort to accurately list the names of POST donors and apologize for any errors or omissions within this annual report.

Please call our office at (650) 854-7696 to notify us of any errors.

Wilda Masunaga Michael & Pat McGuire Robert McIntyre John Mekisich Lori Menachof Clive Merredew John Metcalfe Matthew Michiels Alex Miller Matt Miller Joe Milner David Mitchell Diane E. Moore Stephen A. & Catherine Murphy Claudia Newbold Aaron Nichols Rebecca Niemiec Jim Nivison Jeffrey H. & Trudy Palmer Joss Parsey Joyce Pennell Robert E. Perri My Pham

David Poole Roger L. Potash Darwin Poulos Marika Powers Matthew Prentice Patti Price Tamara Pulsts Douglas K. Rabert Holly Revels Eric Risley Marc Francis Roddin Jacques Ropert Evelyn Rosas Annemarie Rosengreen W. Curt Rowe Richard E. Rowland Kelly Runyon Liz Salzer Jinal & Kunal Sampat Don Savant Sharon Savatski Tom Scannell John Schniedwind Justine Schmidt Lisa Schmidt

POST is a public benefit California corporation and is tax-exempt under section 501(c)(3) of the Internal Revenue Code. Contributions to POST are tax-deductible.

Mary Susan Shreve A. Gordon Smith Jane Sooby David Stuhr Bob Tatum Craig Tempey John D. Thomas Debra Thornley John W. Rawlings & Sara Timby Katie Tolve Anne M. Trela Bryan C. Trujillo Ted Vian Marilyn J. Walter Andy Wasklewicz Jordan Webster George Wheaton Louise Wholey Katie Sanborn & Barbara Wright Arlen Young Wenxia Yu Julie Zack Piotr Zalicki

Published by: Peninsula Open Space Trust 222 High Street, Palo Alto, CA 94301 (650) 854-7696 openspacetrust.org Design: The Point Collective, Inc.

BOARD MEMBERS

PRO BONO AT TORNE YS

Jan F. Garrod, Chair Andrew Bosworth John Chamberlain Dennis DeBroeck Sean Dempsey Christy Holloway Rajesh Mashruwala Matt Miller Brad O’Brien Suzanne Sullivan Sandra Thompson Leah Toeniskoetter Kimberly Young

Ben Chung, Morrison Foerster John Epperson, Copper, White & Cooper, LLP Jeff Wutzke, Goodwin & Procter, LLP

NEXTGEN COMM I T T EE Amie Baron Andrew Bosworth Sara Clark Kalle Dahl Jennifer Gross Gary Johnson Sunya Ojure Brooke Ray Rivera Alexis Smith Christine Su David Swift Heath Thomson Kevin Watt Pei-Yee Woo

BOARD EMERITUS James E. Baer Steve Blank Sheldon Breiner, Ph.D. Allan F. Brown Andy Cunningham Phyllis Draper Donna Dubinsky Susan Ford Dorsey Vince S. Garrod* Diane Greene Sukey Grousbeck Larry Jacobs Karla Jurvetson, M.D. Charlene Kabcenell Martha Kanter Robert C. Kirkwood Richard C. Livermore Norm Matteoni Dianne McKenna David W. Mitchell Paul Newhagen F. Ward Paine William Reller Audrey C. Rust

Karie Thomson Mark Wan Anne M. Westerfield Rosemary Young

MANAGEMENT Walter T. Moore President Heather Kantor Chief Financial Officer Curt Riffle Vice President, Land Marti Tedesco Vice Present, Marketing Linda Chin

Director, Donor Engagement Gordon Clark

Senior Director, Development

SKYLINE COMM I T T EE Alisa MacAvoy, Chair Suzanne Bray Elllen Brownell Edith Collin Sheryl Heckman Karen Madsen Darwin Poulos Jeff Scroggin Sarah Watson

PUBLIC AGENCY PARTNERS Bureau of Land Management

Santa Cruz County Resource Conservation District San Francisco Public Utilities Commission San Mateo County Department of Agriculture

San Mateo County Department of Public Works San Mateo County Health System San Mateo County Manager’s Office San Mateo County Resource Conservation District

Diane Cordova

Director, Talent Acquisition & Engagement

California Department of Forestry & Fire Protection

Santa Clara Valley Water District

Jeanine Crider Director, Planned Giving

California Department of Water Resources

Santa Clara County Department of Parks & Recreation

Megan Derhammer Director, Major Gifts

California State Coastal Conservancy

Santa Clara Valley Open Space Authority

Blair Friedeman Director, Marketing

California State Parks

United States Fish & Wildlife Service

Kathryn Hargis Director, Annual Giving Daniel Olstein

Director, Land Stewardship Noelle Thurlow

Director, Land Transactions

CURT RIFFLE

San Mateo County Department of Parks

California Department of Fish & Wildlife

California Wildlife Conservation Board

POST WELCOMES

“

U.S. Geological Survey

Midpeninsula Regional Open Space District National Park Service

This is truly is a dream job for me. My family and I have admired and contributed to POST’s accomplishments for many years. As a Director for the Midpeninsula Regional Open Space District and a Program Officer for the David and Lucile Packard Foundation over the last decade, I have worked closely with the POST team to advance their mission.

Natural Resources Conservation Service Santa Cruz County Department of Parks

©Judy Kramer 2014 / profile ©Stacy H. Geiken 2016

— Curt Riffle

VP, Land

”

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PROTECT LOCAL LAND WITH A

PENINSULA OPEN SPACE TRUST

YEAR-END DONATION

222 HIGH STREET PALO ALTO, CA 94301 (650) 854-7696

Thank you for being a part of the POST community.

Your support gives local wildlife room to roam, saves iconic landscapes and protects local farms.

Make a year-end gift to POST before December 31, 2016.

VISIT openspacetrust.org/donate RETURN the enclosed envelope CALL (650) 854-7696 x323 ©Heather Finnecy 2016

OPENSPACETRUST.ORG