2012 Annual Report - The Nature Conservancy

Financial Summary
For the fiscal years ending on June 30, 2012 and 2011 (in thousands) 2012 2011
Support & Revenue Dues and contributions 521,865 457,729
Government grants 158,004 160,375
Investment income (37,072) 246,042
Other income 27,392 53,644
Land sales and gifts 200,945 254,575
Total Support & Revenue 871,134 1,172,365
Expenses & Purchases of Conservation activities and actions 468,835 401,514
Conservation Land & Easements Purchases of conservation land and easements 152,738 323,057
Total Conservation Program Expenses & Purchases
of Conservation Land & Easements 621,573 724,571
General and administrative 110,674 103,660
Fundraising 63,690 57,921
Membership 21,319 17,213
Total Administration & Fundraising 195,683 178,794
Total Expenses & Purchases of Conservation Land & Easements 817,256 903,365
Net Result: Support & Revenue Over Expenses & Purchases
of Conservation Land & Easements (note 1) 53,878 269,000
Fundraising Summary
Fundraising expenses as a percentage of total expenses and purchases
of conservation land and easements 7.8% 6.4%
Asset, Liability & Net Conservation land 1,923,426 1,927,139
Asset Summary Conservation easements 1,789,779 1,705,288
Investments held for conservation projects 628,666 614,869
Endowment investments 950,230 1,003,565
Planned giving investments 272,493 281,974
Property and equipment (net of depreciation) 105,541 106,492
Other assets (note 2) 351,780 389,687
Total Assets 6,021,915 6,029,014
Accounts payable and accrued liabilities 120,587 94,005
Notes payable 389,040 411,298
Other liabilities (note 3) 275,748 327,718
Total net assets 5,236,540 5,195,993
Total Liabilities & Net Assets 6,021,915 6,029,014
(1) Not intended to represent increase in net assets.
(2) Primarily includes cash, pledges of future gifts, collateral received under securities lending agreement, notes receivable, and deposits
on land and other assets.
(3) Primarily includes deferred revenue, payable under securities lending agreement, planned giving liability, and other liabilities.
Note: The figures that appear in the financial summary shown are derived from the 2012 & 2011 consolidated financial statements that
have been audited and have received an unqualified opinion. The complete, audited 2012 & 2011 financial statements for The Nature
Conservancy can be seen at nature.org/annualreport, or can be ordered from The Nature Conservancy at (800) 628-6860.
Nature Matters I The Nature Conservancy 51