Davis Conservation Foundation 2012 Annual Report
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1 Davis Conservation Foundation 2012 Annual Report
2 History and Mission The Davis Conservation Foundation is a public charitable foundation founded in 1989 by Mr. and Mrs. H. Halsey Davis of Falmouth, Maine, in support of their concern for protection of the environment and conservation of our natural resources. Its broad purpose is the wise utilization, protection and advancement of our physical environment and the different natural forms of life which inhabit it including wildlife, sea life and mankind as they are impacted by the environment. The Foundation supports organizations whose areas of interest include projects and activities related to wildlife, wildlife habitat, environmental protection or outdoor recreation. Projects which strengthen volunteer activity and outreach/community involvement in the above categories are of particular interest.
3 Policies and Application Procedure The Foundation supports only organizations that are tax-exempt under Section 501(c)(3) of the IRS code and not private foundations under Section 509(a) of the code. The Foundation has a 509(a)(3) foundation status and is prohibited from making grants to other 509(a)(3) organizations. The Foundation requires evidence of the applicant s 501(c)(3) and 509(a) status for its files. The Foundation s highest geographic priority is Northern New England, particularly projects involving the Northern Forest and the Gulf of Maine. The next geographic priority is the remainder of New England, and only infrequently are grants made outside of New England. The Foundation does not make grants to individuals, nor does it support annual giving campaigns, deficit reduction, scholarships, fellowships, loans or travel. The Foundation does not normally make multiple-year gifts. In order to support as many worthwhile organizations as possible, the Foundation discourages organizations that have received a grant from submitting requests in consecutive years. The Trustees meet in May and November to consider requests. The respective submission deadlines are April 10 and October 10. Applications for deadlines that fall on a holiday or weekend must be received by the next business day. You may obtain an application form and submission guidelines by contacting the Foundation office or visiting our website. Proposals are judged on their merits and in comparison to others received. The Foundation normally notifies applicants of the Trustees decision within one week of each regular meeting, and applicants receiving grants may expect to receive payment within a month of notification. Organizations that receive grants from the Foundation are required to submit completion reports. Please direct inquiries, letters and grant requests to: Davis Conservation Foundation 30 Forest Falls Drive, Suite 5 Yarmouth, ME Tel: Page 2
4 Davis Conservation Foundation Balance Sheet December 31, 2012 Assets Interest and dividends receivable $ 18,681 Investments 17,745,538 Liabilities and Net Assets Total assets 17,764,219 Liabilities Accounts payable $ 10,200 Due to related party 18,171 Total liabilities 28,371 Net assets Unrestricted net assets 17,735,848 Total liabilities and net assets $17,764,219 Page 3
5 Changes in unrestricted net assets Revenues, gain (losses) Davis Conservation Foundation Statement of Activities Year Ended December 31, 2012 Income on investments Contributions $ 250,930 Interest and dividends 331,983 Investment management and custodial fees (30,317) Net realized (losses) gains on investments (208,542) Net unrealized gains (losses) on investments 1,922,392 Total revenues, gains (losses) 2,266,446 Expenses Program services Grants 754,096 Trustee fees 15,000 Travel 275 Foreign Taxes 2,749 Total program services expenses 772,120 Management and general 72,187 Total expenses 844,307 Increase in unrestricted net assets 1,422,139 Net assets, beginning of year 16,313,709 Net assets, end of year $ 17,735,848 Page 4
6 Davis Conservation Foundation Grants Made and Payable During the Year Ended December 31, Mile River Watershed Association, Mount Vernon, ME Youth Conservation Corps American Friends of Canadian Land Trusts, Seattle, WA Gulf of Maine Cross Border Conservation (land acquisition) Ammonoosuc Conservation Trust, Bethlehem, NH Cooley-Jericho Community Forest (land acquisition) Androscoggin Land Trust, Auburn, ME Androscoggin Greenway Community Forest (land acquisition) Audubon Vermont, Huntington, VT Partnering with NRCS Bear-Paw Regional Greenways, Deerfield, NH Hinman Pond Conservation Project (land acquisition) Blue Hill Heritage Trust, Blue Hill, ME Wallamatogus-Great Health Project Boothbay Region Land Trust, Inc., Boothbay Harbor, ME Ovens Mouth Preserve Addition Catamount Trail Association, Burlington, VT Catamount Trail Restoration and Improvements Center for Woodlands Education, Corinth, VT Strengthening Outreach via Digital Platforms Coastal Maine Botanical Gardens, Inc., Boothbay, ME Neonaturalists: Bridging Technology and Outdoor Education Cobscook Bay Resource Center, Eastport, ME Creating Cobscook Marketing Co-op College of the Atlantic, Bar Harbor, ME Habitat Protection and Biodiversity The Conservation Fund, Arlington, VA East Grand Watershed Initiative (land acquisition) Conservation Law Foundation - Maine Office, Portland, ME Advocacy for Maine's Environment $20,000 $6,000 $6,600 $4,000 $9,000 Page 5
7 Dan Hole Pond Watershed, Center Ossippee, NH Thurley Forest Project (land acquisition) Downeast Coastal Conservancy, Machias, ME The Two Rivers Campaign (land acquisition) Downeast Lakes Land Trust, Grand Lake Stream, ME West Grand Lake Community Forest Project (land acquisition) Five Rivers Conservation Trust, Concord, NH Twigg Property (land acquisition) Francis Small Heritage Trust, Limerick, ME Capacity Building Freeport Conservation Trust, Freeport, ME Frost Gully Woods Access Great Bay Resource Protection Partnership, Durham, NH Coastal Watershed Conservation Plan Great Bay Trout Unlimited, Dover, NH Thompson Brook Fish Passage Green Mountain Club, Inc., Waterbury Center, VT Upper Valley Appalachian Trail Management Program Gulf of Maine Lobster Foundation, Kennebunk, ME Gear Grab-Shoreline Cleanup Harpswell Heritage Land Trust, Harpswell, ME Outreach Campaign Harris Center for Conservation Education, Hancock, NH Peterborough Vernal Pool Project Island Institute, Rockland, ME Conserving Fisheries Habitat through Community Mapping Kennebec Estuary Land Trust, Bath, ME Lily Pond Community Forest Project (land acquisition) Kennebec Land Trust, Winthrop, ME Shedd Pond Trails Improvement Project Kennebunkport Conservation Trust, Cape Porpoise, ME Batson River Trail Kingdom Trails Association, East Burke, VT East Burke Village Community Park Trails $7,500 $20,000 $8,000 $8,000 $3,000 Page 6
8 Kittery Land Trust, Kittery, ME Conserving Johnson Family's Rustlewood Farm (land acquisition) Laudholm Trust, Wells, ME Securing a New Energy Future Maine Appalachian Trail Club, Inc., Augusta, ME Environmental Protection on the Appalachian Trail Maine Appalachian Trail Land Trust, Portland, ME Crocker Mountain and Orbeton Stream Campaign (land acquisition) Maine Congress of Lake Associations, Belgrade, ME LakeSmart Transition Project Maine Conservation Alliance, Augusta, ME Clean Environment, Healthy Economy Initiative Maine Island Trail Association, Portland, ME Reimagining Stewardship for Maine's Wild Islands Maine Lobstermen's Community Alliance, Kennebunk, ME Lobster Conservation through Leadership Training Maine Milfoil Initiative, Standish, ME Winning the Milfoil War Maine Rivers, Yarmouth, ME Mousam River Restoration Medomak Valley Land Trust, Waldoboro, ME Building Community Stewardship Monadnock Conservancy, Keene, NH Implementing the NH Wildlife Action Plan Mount Desert Island Biological Laboratory, Salsbury Cove, ME Biodiversity and Sustainable Fisheries (research) Mount Vernon Community Partnership Corp., Mount Vernon, ME Minnehonk Lake Watershed Survey Nature Conservancy, Massachusetts Chapter, Boston, MA Halibut Tagging Study Nature Conservancy, Vermont Chapter, Montpelier, VT Staying Connected Initiative New England Tropical Conservatory, Bennington, VT BeaverWalk! $25,000 $12,000 $13,000 $7,000 Page 7
9 New Hampshire Audubon, Concord, NH Post-breeding Behavior of Rusty Blackbirds Northern Forest Canoe Trail, Inc., Waitsfield, VT Northern Forest Explorers Youth Crew Northwest Atlantic Marine Alliance, Gloucester, MA Fishermen and Health Care Partnership for Marine Protection Norway Downtown, Norway, ME Norway Branch Rail Trail Feasibility Study Old York Historical Society, York, ME Tidal Marsh and Shoreline Habitat Restoration Opportunity Center of North Franklin County, Phillips, ME Toothaker Pond Restoration Project Phippsburg Land Trust, Phippsburg, ME Conservation of Spirit Pond (land acquisition) Presumpscot Regional Land Trust, Gorham, ME Organizational Capacity Provincetown Center for Coastal Studies, Provincetown, MA Marine Animal Entanglement Response Program Rivendell Trails Association, Fairlee, VT Cross Rivendell Trail Crew Royal River Conservation Trust, Yarmouth, ME Royal River Water Trail Save Sebago Cove, Naples, ME Public Channel Does Public Good Scarborough Land Conservation Trust, Scarborough, ME Warren Woods (land acquisition) Sheepscot Valley Conservation Association, Newcastle, ME Sheepscot Awareness: Reaching the Next Generation Small Woodland Owners Association of Maine, Augusta, ME Maintaining Ties to the Land Society for the Protection of New Hampshire Forests, Concord, NH Staff and Volunteer Reservation Work Days Sunrise Trail Coalition, Inc., Ellsworth, ME Trail User Survey and Economic Impact Analysis $4,000 $5,640 $4,280 $7,500 $3,500 Page 8
10 Teens To Trails, Edgecomb, ME Grants-to-Clubs Program Thompson Lake Environmental Association, Oxford, ME Youth Conservation Corps Town of Orland, Orland, ME Orland River Dam Alternatives Feasibility Study Town of Thomaston, Thomaston, ME Thomaston Town Forest (land acquisition) Trout Unlimited National Office, Arlington, VA Upper Connecticut Home Rivers Initiative Trust for Public Land-Maine, Portland, ME High Peaks Conservation Initiative (collaboration) Trust for Public Land-Vermont, Montpelier, VT Barre Town Forest (land acquisition) University of Maine, Orono, ME Ecophysiology for Maritime Pine Communities University of New Hampshire Foundation, Inc., Durham, NH Historical DNA of Atlantic Cod (research) Upper Saco Valley Land Trust, North Conway, NH Weston's Rivercroft Farm Project (land acquisition) Vermont Center for Eco Studies, Norwich, VT State of Vermont Forest Birds Vermont Institute of Natural Science, Quechee, VT Avian Rehabilitation, Care and Education Program Vermont Land Trust, Montpelier, VT Bolton Valley Nordic Backcountry (land acquisition) White River Partnership, Inc., South Royalton, VT Habitat Restoration Project Wolfe's Neck Farm Foundation, Freeport, ME Group Campsite The York Land Trust, York Harbor, ME Acquisition of the Deperrio Property York County Soil and Water Conservation District, Springvale, ME York County Invasive Aquatic Species Project $4,000 $25,000 $9,076 $4,000 $2,000 $6,000 Total Grants: $ 754,096 Page 9
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12 Davis Conservation Foundation Trustees Thomas M. Armstrong, Jr. David J. Bucci, Chair Rebekah A. Bucci Andrew A. Cadot Thomas S. Deans Anne C. J. Hayden Horace A. Hildreth, Jr. Alden H. Sawyer, Jr. Staff Anne M. Vaillancourt, Executive Director Roxanne Miller, Program Officer Member of Association of Small Foundations Maine Association of Nonprofits Maine Philanthropy Center
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