Return of Organization Exempt from Income

Home , Copicut Woods, Little Tom Mountain, Lynn Woods Reservation, Naumkeag, Rocky Woods, Rock House Reservation

r Return of Organization Exempt From Income Tax Form 990 527, or 4947(a)(1) of the Internal Revenue Code (except black lung Under section 501(c), LOOL benefit trust or private foundation) Department or me Ti2asury Internal Revenue Service 1 The organization may have to use a copy of this return to satisfy state reporting requirements A For the 2002 calendar year, or tax year period beginning APR 1 2002 and i MAR 31, 2003 B Check if Please C Name of organization D Employer identification number use IRS nddmss label or [::]change print or HE TRUSTEES OF RESERVATIONS 04-2105780 ~changa s~ Number and street (or P.0 box if mad is not delivered to street address) Room/suite E Telephone number =Initial return sPecisc572 ESSEX STREET 978 921-1944 Final = City or town, state or country, and ZIP +4 F Pccoun6npmethad 0 Cash [K] Accrual return Other =Amended~'d~° [BEVERLY , MA 01915 licatio" ~ o S ~~ . El Section 501(c)(3) organizations and 4947(a)(1) nonexempt charitable trusts H and I are not applicable to section 527 organizations. :'dl°° must attach a completed Schedule A (Form 990 or 990-EZ) . H(a) Is this a group retain for affiliates ~ Yes OX No G web site: OWW " THETRUSTEES . ORG H(b) It 'Yes,' enter number of affiliates 10, J Organization type (cnakonly one) " OX 501(c) ( 3 ) 1 (Insert no) = 4947(a)(1) or = 52 H(c) Are all affiliates inciuded9 N/A 0 Yes 0 No (If -NO,- attach a list ) K Check here " 0 if the organization's gross receipts are normally not more than $25,000 . The H(d) is this a separate return filed by an or- organization need not file a return with the IRS, but if the organization received a Form 990 Package ganization covered by a group rulings ~ Yes 0 No in the mad. it should file a retain without financial data. Some states require a complete return . I Enter 4-digitGEN 10, M Check I__] if the organization is not required to attach L Gross receipts' Add lines 6b, 8b, 9b, and 10b to line 12 . 39 , 023 , 959 . Sch B (Form 990,990-EZ,or990-PF) . t # Revenue Expenses, and Changes in Net Assets or Fund Balances 1 Contributions, gifts, grants, and similar amounts received' a Direct public support ...... 1a 9 , 732 , 668 . 6 Indirect public support 1b c Government contributions (grants) . 1c d Total (add lines 1a through 1c) (cash $ 9,732 , 668 . noncash $ id 9 , 732 r 668 . 2 Program service revenue including government fees and contracts (from Part VII, line 93) ._ 2 1 0` 666,202 . 3 Membership dues and assessments 3 2 030 678 . 4 Interest on savings and temporary cash investments . . . . a 116 081 . 5 Dividends and interest from securities s 2,359 f 339 . 6 a Gross rents .. , SEE STATEMENT 1 6a . . 1,410, 413 . b Less rental expenses . . . , SEE STATEMENT. 2 6b 1,264 , 154 . c Net rental income or (loss) (subtract line 6b from line 6a) .. . . . 6c 146 259 .

m 7 Other investment income (describe 7 c 8 a Gross amount from sale of assets other A Securities B Other d d than inventory . 2 0 , 5 5 9 0 0 0 . 8a > cc b Less cost or other basis and sales expenses 19 , 891 f 000 . 8b c Gam or (loss) (attach schedule) 668,000 . ~ ac Z d Net gam or (loss) (combine line Sc, columns (A) and (B)) STMT 3 668,000 . m 9 Special events and activities (attach schedule) a Gross revenue (not including $ 0 " of contnbutions reported on line 1 a) . . . 9a 442 , 861 . b Less direct expenses other than fundraising expenses . 9b 30,941 . O c Net income or (loss) from special events (subtract line 9b from line 9a) SEE STATEMENT 4 9c 411 , 920 . O 10 a Gross sales of inventory, less returns and allowances _ 10a 645,799 . .t~h. b Less' cost of goads sold 10b 2 0 3 , 962 . c Gross profit or (loss) from sales of inventory (attach schedule) (subtract line 10b from line 10a) STMT 5 10e 441 837 . 11 Other revenue (from Part VII, line 103) . . ~----^;~,~ - ~--- 11 6 0 918 . 12 Total revenue add lines id 2 3 4 5 6c 7 8d 9c 10c, a~ d 11 ° ~^ .~ J 9 ~/ ~141J 12 17 , 633 902 . 13 Program services (from line 44, column (B)) L ~ 13 9 759 , 977 . a H 14 Management and 9general t from line 44, column c C » ~ ~ ~ i s 1 373 720 . ,~ FED 6 Q ~ 15 Fundraising (from line 44, column (D)) ! ~,5 ~~~s,~~3 . 16 Payments to affiliates (attach schedule) I --- ~' 16 17 Total ex penses add lines 16 and 44 column A 17 11,908,810 . 18 Excess or (defied) for the year (subtract line 17 from line 12 18 5 , 725 , 092 . 19 Net assets or fund balances at beginning of year (from line 73, column (A)) 19 145 688 , 728 . ZQ 20 Other changes in net assets or fund balances (attach explanation) SEE STATEMENT 6 20 <15 166 000 . > 21 Net assets or fund balances at end of year (combine lines 18, 19, and 20) 21 136 247 820 . 1 01 LHA For Paperwork Reduction Act Notice, see the separate instructions Farm 990 (2002)

01 THE TRUSTEES OF RESERVATIONS 04-2105780 ~~ Statement O All organizations must complete column (A) Columns (B), (C), and (D) are required for section 501(c)(3) Page 2 Functional Expenses and (4) organizations and section 4947(a)(1) nonexempt charitable trusts but optional for others Do not include amounts reported on line (B) Program (C) Management Rh Rh Ah 10h nr 1 R of Part 1 (A) Total carvicac and nanaral (D) Fundraising 22 Grants and allocations (attach schedule) cash $ noncash E 22 23 Specific assistance to individuals (attach schedule) 23 24 Benefits paid to or for members (attach schedule) 24 25 Compensation of officers, directors, etc _ _ 25 160, 680 . 0 . 160 , 680 . 0 . 26 Other salaries and wages 26 5 873,719 . 5 , 023 , 765 . 417 , 916 . 432 , 038 . 27 Pension plan contributions 27 320 , 304 . 266 11` 660 . 26 , 610 . 27 , 034 . 28 Other employee benefits 28 801,969 . 622 , 199 . 122 , 602 . 57 , 168 . 29 Payroll taxes ...... 29 469 f 897 . 401, 901 . 27,251 . 40 , 745 . 30 Professional fundraising fees ...... 30 31 Accounting fees ...... 31 32 , 000 . 32 , 000 . 32 Legal fees 32 105 , 876 . 88f846 . 11 f 803 . 5 f 227 . 33 Supplies ...... 33 89,768 . 64,591 . 22 ,, 85j . 2f324 . 34 Telephone ...... 34 162, 302 . 140 f 472 . 21,425 . 405 . 35 Postage and shipping _ _ 35 151 f 904 . 88f640 . 52,536 . 10 , 728 . 36 Occupancy ...... 36 306 f 748 . 283 889 . 22 , 859 . 37 Equipment rental and maintenance _ 37 76 f 522 . 40,324 . 15,671 . 20 f 527 . 38 Printing and publications . . . . . 38 280 r 276 . 206f115 . 3 8 2 0 2 . 35 f 959 . 39 Travel 39 186f393 . 160f747 . 14 f 360 . 11f286 . 40 Conferences, conventions, and meetings 40 96 t 613 . 46,293 . 46 , 034 . 4f286 . 41 interest ...... 41 8 712 . 8 712 . 42 Depreciation, depletion, etc. (attach schedule) 42 525,944 . 495,767 . 21,676 . 8 501 . 43 Other expenses not covered above (itemize) a 43a b 43b c 43c d 43d e SEE STATEMENT 7 ~43e ~ 2259,183 . 1,821,056 . 319,242 . 118,885 . fu nctional as Or~paniab~ CWu~ c ~arty ~+~ioui o iina 1a1s as 11, 9 0 8 , 810 . 9 , 7 5 9 , 9 7 7 . 1, 3 7 3 , 7 2 0 . 775,113 . Joint Costs. Check " 0 if you are following SOP 98-2. Are any point costs from a combined educational campaign and fundraising solicitation reported in (B) Program services _ 1 0 Yes ET No If "Yes ; enter (i) the aggregate amount of these point costs $ , (i1) the amount allocated to Program services $ III the amount allocated to Management and general $ and Iv the amount allocated to Fund raising $ [Part III Statement of Program Service Accomplishments What is the organization's primary exempt purpose? CONSERVATION AND PRESERVATION OF LAND AND BUILDINGS Pro am Service All must describe their exempt purpose achievements in a clear and concise xpenses organizations manner State we number of clients served, publications Issued, etc Discuss (Req u ired 501 achievements that are not measurable (Section 501(cH3) and (4) organizations end 4947(a)(1) nonexempt charitable trusts must also enter the amount of grants and p s roafor qg4jaHj )a allocations to others ) trusts, but optional for others a SEE STATEMENT 8

Grants and allocations $ 9 , 759,977 . b

Grants and allocations $ C

Grants and allocations $ d

Grants and allocations $ e Other prog ram services attach schedule (Grants and allocations $ f Total of Program Service Expenses (should equal line 44, column (8), Program services) " 9,759,977 . oi3z°z103 Form 990 (2002) Form 990(2002) THE TRUSTEES OF RESERVATIONS 04-2105780 Page 3

p~a'E ~'V Balance Sheets

Note : Where required, attached schedules and amounts within the description column (A) (B) should be forend-of-yearamounts only. Beginning of year End of year

45 Cash - non -into rest-bea ring 45 45 Savings and temporary cash investments .__ 4,180,900 . 46 2,153,000 .

47 a Accounts receivable . . . 47a 252 , 000 . b less . allowance for doubtful accounts . 47b 322,000 . 47c 252 , 000 .

48 a Pledges receivable 48a 6, 100 , 000 . b less : allowance for doubtful accounts . 48b 4,947 , 000 . 48c 6, 100 r 000 . 49 Grants recenrable ...... 49 50 Receivables from officers, directors, trustees, and key employees ...... 50 N 51 a Other notes and loans receivable 51a . 887,000 . b Less, allowance for doubtful accounts . . . 51b 541 r 000- 51c 887,000 . 52 Inventories for sale or use 52 53 Prepaid expenses and deferred charges .. . , , 2 2 0 0 0 0 . 53 465,000 . 54 Investments -securities . . _ , , . " 0 Cost 0 FMV 54 55 a Investments - land, buildings, and equipment basis 55a

b Less' accumulated depreciation . _ I 55b I 56 Investments-other SEE STATEMENT 9 "I 56 76,158,000 . 57 a Land, buildings, and equipment . basis . . . 57a 54,468 , 362 . b Less . accumulated depreciation _ 57b 2,207 , 000 . 49,065,828 . 52,261,362 . 58 Other assets (descnbe " SEE STATEMENT 10 1,917,000 . 2,309,000 .

148,430,728 . 140,585,362 . 60 Accounts payable and accrued expenses 891,000 . 924,000 . 61 Grants payable . . . 62 Deferred revenue , , . 684, 000 N .1 62 1 608,000 . d 63 Loans from officers, directors, trustees, and key employees 64 a Tax-exempt bond liabilities b Mortgages and other notes payable 60, 000 .1 54b 1 60,000 . 65 Other liabilities (describe " SEE STATEMENT 11 1,107 .000 . ss 2,745,542 .

742,000 .1 66 1 4,337,542 . Organizations that follow SFAS 117, check here 1 X and complete lines 67 through 69 and lines 73 and 74 67 Unrestricted . . 22, 403 623 . 67 20 474, 708 . 68 Temporanly restricted . . 51 18 3 105 . 68 37 , 515 , 112 . m 69 Permanently restricted . 72 , 102,000 . 69 78,258,000 . Organizations that do not follow SFAS 117, check here 1 E::] and complete lines ILL 70 through 74 70 Capital stock, trust principal, or current funds 70 71 Paid-in or capital surplus, or land, building, and equipment fund 71 N a 72 Retained earnings, endowment, accumulated income, or other funds _ 72 73 Total net assets or fund balances (add lines 67 through 69 or lines 70 through 72, column (A) must equal line 19, column (e) must equal pine 21) 145 , 688 , 728 . 73 136,247 , 820 . 74 Total liabilities and net assets / fund balances (add lines 66 and 73) ~ 14 8 , 4 3 0 , 7 2 8 . 74 1-4-0,58-5,362 . Form 990 is available far public inspection and, for some people, serves as the primary or sole source of information about a particular organization How the public perceives an organization in such cases may be determined by the information presented on its return Therefore, please make sure the return is complete and accurate and fully describes, m Part III, the organization's programs and accomplishments

223021 01-22-03 'r J Form 990 (2002) THE TRUSTEES OF RESERVATIONS 04-2105780 Paae4 PirE 1V -A Reconciliation of Revenue per Audited art 1V-B I Reconciliation of Expenses per Audited Financial Statements with Revenue per Financial Statements with Expenses per Return Return a Total revenue, gains, and other support a Total expenses and losses per per audited financial statements _ " a 21, 2 0 6 , 9 5 9 . audited financial statements " a 2 8 , 17 4 , 7 4 5 . b Amounts included on line a but not on b Amounts included on line a but not on line 17, Form 990 line 12, Form 990 (1) Donated services (1) Net unrealized gains and use of facilities $ on investments $ (2) Prior year adjustments (2) Donated services reported on line 20, and use of facilities Form 990 .$ (3) Recoveries of prior (3) Losses reported on year grants . ..S line 20, Form 990 $ (4) Other (specify) (4) Other (specify). STMT 12 : 3,573,057 . STMT 13 6 16,265,935 . Add amounts on lines (1) through (4) . , " b 3 , 573 , 057 . Add amounts on lines (1) through (4) . . " b 16 , 265 935 . c pine a minus line b . . .. . " c 17 , 633 , 90T. c Line a minus pine b .. . " c 11 , 908 , 810 . d Amounts included on line 12, Form d Amounts included on line 17, Form 990 but not on line a: 990 but not on line a (1) Investment expenses (1) Investment expenses not included on not included on line 6b, Form 990 E line 6b, Form 990 $ (2) Other (specify). (2) Other (specify)- S Add amounts on lines (1) and (2) " d 0 . Add amounts on lines (1) and (2) e Total revenue per line 12, Form 990 e Total expenses per line 17, Form 990 (pine c plus line d " e17 , 633 , 902 . (line c plus line d) 11,908 .810 . R~ VList of Officers, Directors, Trustees, and Key E ployeeS (List each one even if not compensated ) 9) Title and average hours (C) Compensation (DConmbutlons to (E) Expense e ployee benefit (A) Name and address per week devoted to (If not paf , enter P,a~s a dere~ea account and position -0- . com ensahon other allowances ANDREW KENDALL IRECTOR 572 ESSEX STREET BEVERLY, MA 01915 0 1 160,680 .E 25,730 .1 0 . SEE ATTACHED -- NONE ARE COMPENSATED ------0 .1 0 .1 0 . ------

------

75 Did any officer, director, trustee, or key employee receive aggregate compensation of more than $100,000 from your organization and all related organizations, of which more than $10,000 was provided by the related organizations If "Yes," attach sc hedule 10~ E::] Yes EK] No Form 990 (2002) 223031 01 .22-0.3 Form 990(2002) THE TRUSTEES OF RESERVATIONS 04-2105780 Pages Other Information Yes No 76 Did the organization engage in any activity not previously reported to the IRS If "Yes,' attach a detailed description of each activity . . 76 77 WYre any changes made in the organizing or governing documents but not reported to the IRS .. 77 X If 'Yes," attach a conformed copy of the changes 78 a Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return? 78a X b If "Yes,* has it filed a tax return on Form 990-T for this years 78b X 79 Was there a liquidation, dissolution, termination, or substantial contraction during the year? 79 X If °Yes; attach a statement 80 a Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc , to any other exempt or nonexempt orgamzation9 80a X b If "Yes,'enterthename oftheorganization " MASSACHUSETTS LAND CONSERVATION TRUST and check whether it is D exempt or 0 nonexempt . 81 a Enter direct or indirect political expenditures See line 81 instructions 81a 4 . b Did the organization file Form 1120-POL for this years 81b 82 a Did the organization receive donated services or the use of materials, equipment, or facilities at no charge or at substantially less than fair rental values ...... 82a b If 'Yes,' you may indicate the value of these items here Do not include this amount as revenue m Part I or as an expense m Part II. (See instructions in Part III.) . . . , . . 82b N/A 83 a Did the organization comply with the public inspection requirements for returns and exemption applications . . , .. _ . 83a X b Did the organization comply with the disclosure requirements relating to quid pro quo contributions? ... . . 83b 84 a Did the organization solicit any contributions or gifts that were not tax deductibles 84a X h If 'Yes," did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductibles ...... N/A 8ab 85 501(c)(4), (5), or (6) organizations. a Were substantially all dues nondeductible by members _ . N/A ... 85a b Did the organization make only in-house lobbying expenditures of $2,000 or less? ._ ...... N/A . 856 If 'Yes' was answered to either 85a or 85b, do not complete 85c through 85h below unless the organization received a waiver for proxy tax owed for the prior year c Dues, assessments, and similar amounts from members 85c N/A d Section 162(e) lobbying and political expenditures 85d N/A e Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices 85e N/A f Taxable amount of lobbying and political expenditures (line 85d less 85e) 85i N/A g Does the organization elect to pay the section 6033(e) tax on the amount on line 85f? . . . . N/A 85 h If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount on line 85f to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax years . . N/A 85h 86 50i(c)(7) organizations. Enter. a Initiation fees and capital contributions included on line 12 86a . N/A b Gross receipts, included on line 12, for public use of club facilities 86b N/A 87 501(c)(12) organizations. Enter' a Gross income from members or shareholders 87a N/A b Gross income from other sources . (Do not net amounts due or paid to other sources against amounts due or received from them ) . . . 87h N/A 88 At any time during the year, did the organization own a 50% or greater interest in a taxable corporation or partnership, or an entity disregarded as separate from the organization under Regulations sections 301 7701-2 and 301 .7701-39 If 'Yes; complete Part IX . .. 88 X 89 a 501(c)(3) organizations. Enter Amount of tax imposed on the organization during the year under section 4911 " 0 " , section 4912 " 0 " , section 4955 b 501(c)(3) and 501(c)(4) organizations Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year If'Yes,° attach a statement explaining each transaction _ 89h X c Enter. Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958 Bol- 0 d Enter Amount of tax on line 89c, above, reimbursed by the organization " 0 . 90 a List the states with which a copy of this return is filed 1 MASSACHUSETTS b Number of employees employed in the pay period that includes March 12, 2002 90b 173 91 The books are in care of " THE CORPORATION Telephone no " (978) 921-1944

located at " 572 ESSEX STREET, BEVERLY, MA ZiP+a " 01915

92 Section 4947(a)(1) nonexempt charitable trusts filing Form 990 in lieu of Form 1041- Check here 10 and enter the amount of tax-exempt interest received or accrued during the tax year " I 92 I N/A zzsoai m _~~.m Form 990 (2002) t f Form 990(2002) THE TRUSTEES OF RESERVATIONS 04-2105780 Page 6 pan V11 Analysis of Income-Producing Activities (see page 31 of the instructions) Note : Enter gross amounts unless otherwise Unrelated business income Excluded by section siz, 513, ors1a indicated. (A) (B) ~~~ . (D) Related or exempt Business Amount S,on Amount 93 Program service revenue code ode function income a RESERVATION RECEIPTS 1,250,624 . b SPECIAL PERMITS 415,578 . c d e f Medicare/Medicaid payments g Fees and contracts from government agencies 94 Membership dues and assessments 2,030,678 . 95 Interest on savings and temporary cash investments 14 116,081 . 96 Dividends and interest from securities 14 2, 359 , 339 . 97 Net rental income or (loss) from real estate . t It a debt-financed property b notdebt-fnancedproperty 532000 <107,454 . > 16 253, 713 . 98 Net rental income or (loss) from personal property 99 Other investment income 100 Gain or (loss) from sales of assets other than inventory 18 668,000 . 101 Net income or (joss) from special events 411,920 . 102 Gross profit or (joss) from saes of inventory 721000 125,919 . 41 315,918 . 103 Other revenue. a MISCELLANEOUS 60,918 . b c d e 104 Subtotal (add columns (s), (v), and (E)) ~ 18 , 4 6 5 . 3 , 713 , 0 51 . 4 , 169,718 . 105 Total (add line 104, columns (B), (D), and (E)) " 7,901,234 . Note : Line 105 plus line 1 d, Part l, should equal the amount on line 12, Part I. pWtV [~[ Relationship of Activities to the Accomplishment of Exempt Purposes (Seepage 32 of the instructions) Line No. Explain how each activity for which income is reported in column (E) of Part VII contributed importantly to the accomplishment of the organization's exempt purposes (other than by providing funds for such purposes) SEE STATEMENT 14

p~ IX Information Regarding Taxable Subsidiaries and Disregarded Entities (See page 32 of the instructions) A B C 0) E Name, address, andEIN) of corporation, Percentage of Nature of,actwities Tota( inome End-o?-year artnershi ordisregarded enti ownershi p interest assets

N/A

Part X I Information Regarding Transfers Associated (a) Did the organization, during the year, receive any funds, directly or indirectly, (b) Did the organization, during the year, pay premiums, directly or indirectly, on Note : If "Yes" to (b), fide 70 and Form 4720 s instructions Under penalty penury that amen return, including accoi Please correct, and y mplete i arer (othe offices is based on all info Sign Here ' Signature of officer Date Preparer's' /~Q/ Paid signature vmaU46 . ~ , %w -,) l.~ r Preparer's F,;Sname (o, ALEX DER, ARONSON, FIr Use Onl yY ours .t self-employed), '21 EAST MAIN STREET 223161 address, and ni_99_m ZIP . 4 wES7'BORO, MA 01J81 -1467 SCHEDULE A Organization Exempt Under Section 501(c)(3) OMB No 15450047 (Form 990 or 990-EZ) (Except Private Foundation) and Section 501(e), 5010, 501(k), 501(n), or Section 4947(a)(1) Nonexempt Charitable Trust LOOL Department of the Treasury Supplementary Information-(See separate instructions .) Internal Revenue Service 1 MUST be completed by the above oruanizations and attached to their Form 990 or 990-EZ Name of the organization Employer Identification number THE TRUSTEES OF RESERVATIONS 04~ 2105780 Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (See page 1 of the instructions . List each one. If there are none, enter'None') (b) Title and average hours (a' ContnDuUons co (e) Expense a Name and address of each employee aid per week devoted to (c) Compensation Pa~9 ~d ~~ account and other more than $50,000 position comcensaGon allowances

WESLEY WARD AND CONSERV .

572 ESSEX STREET, BEVERLY MA 40 113 362 . 16 , 197 .

ANN POWELL IR . DEVELOP .

572 ESSEX STREET, BEVERLY MA 140 109,108 . 13,417 .

JOHN MCCRAE IR . FINANCE

572 ESSEX STREET, BEVERLY MA T40 106,584 . 15,927 .

THOMAS FOSTER IR . FIELD OP

572 ESSEX STREET, BEVERLY MA 40 102 500 . 24,690 .

WAYNE MITTON E . REG . DIR .

572 ESSEX STREET, BEVERLY MA 40 98 , 592 . 21,680 . Total number of other employees paid over $50,000 00. 2 3 ParE ~~ Compensation of the Five Highest Paid Independent Contractors for Professional Services (See page 2 of the instructions List each one (whether individuals or firms) If there are none, enter 'None!)

(a) Name and address of each independent contractor paid more than $50,000 (b) Type of service (c) Compensation

HKT ARCHITECTS HITECTURAT, SULTANTS 1227,228 .

HILL -& BARLOW EGAL 1164,209 .

SYNTHENET CORPORATION

SITE DESIGN I 64,094 .

LAN BEAR TECHNOLOGIES OMPUTER ONSULTANT 67,356 .

FULFILLMENT PLUS

IRECT MAILHOUSE I 86,890 . Total number of others receiving over $SO,OOOforprofessional services " I 0 szaioiio1-zz-a3 LHA For Paperwork Reduction Act Notice, see the Instructions for Form 990 and Form 990-EZ . Schedule A (Form 990 or 990-EZ) 2002 1 Schedule A (Form 990 or 990-EZ) 2002 THE TRUSTEES OF RESERVATIONS 04-2105780 Paae2 p4- 111 Statements About Activities (see page 2 or the instructions .) No

1 During the year, has the organization attempted to influence national, state, or local legislation, including any attempt to influence public opinion on a legislative matter or referendum? If 'Yes," enter the total expenses paid or incurred in connection with the lobbying activities " $ $ (Must equal amounts on line 38, Part VI-A, or line i of Part VI-B ) X Organizations that made an election under section 501(h) by filing Form 5768 must complete Part VI-A Other organizations checking 'Yes; must complete Part VI-8 AND attach a statement giving a detailed description of the lobbying activities 2 During the year, has the organization, either directly or indirectly, engaged m any of the following acts with any substantial contributors, trustees, directors, officers, creators, key employees, or members of then families, or with any taxable organization with which any such person is affiliated as an officer, director, trustee, majority owner, or principal beneficiary? of the answer to any question is "Yes," attach a detailed statement explaining the transactions.) SEE STATEMENT 15 a Sale, exchange, or leasing of property? X

b Lending of money or other extension of credit X

c Furnishing of goods, services, or facilities? ...... , . . X

d Payment of compensation (or payment or reimbursement of expenses if more than $1,000)?

e Transfer of any part of its income or assets X

3 Does the organization make grants for scholarships, fellowships, student loans, etc.? (See Note below ) X 4 Do you have a section 403(b) annuity plan for your employees? . . . , . X Note : Attach a statement to explain how the organization determines that individuals or organizations receiving grants or loans from it m furtherance o1 its charitable programs "qualify" to receive payments . I part I# I Reason for Non-Private Foundation Status (See pages 3 through 5 at the instructions) The organization is not a private foundation because it is. (Please check only ONE applicable box ) 5 ~ A church, convention of churches, or association of churches . Section 170(b)(1)(A)(i) 6 ~ A school section 170(b)(1)(A)(ii). (Also complete Part V ) 7 ~ A hospital or a cooperative hospital service organization Section 170(b)(1)(A)(iu) 8 0 A Federal, state, or local government or governmental unit Section 170(b)(1)(A)(v) 9 0 A medical research organization operated in conjunction with a hospital . Section 170(b)(1)(A)(iu) Enter the hospital's name, city, and state 10, 10 0 An organization operated for the benefit of a college or university owned or operated by a governmental unit Section 170(b)(1)(A)(iv) (Also complete the Support Schedule m Part IV-A.) 11a 0 An organization that normally receives a substantial part of its support from a governmental unit or from the general public. Section 170(b)(1)(A)(vi) (Also complete the Support Schedule in Part IV-A ) 11b o A community trust Section 170(b)(1)(A)(w) (Also complete the Support Schedule in Part IV-A ) 12 0 An organization that normally receives (1) more than 3313% of its support from contributions, membership fees, and gross receipts from activities related to its charitable, etc , functions - subject to certain exceptions, and (2) no mare than 331/3% of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975. See section 509(a)(2) . (Also complete the Support Schedule in Part IV-A )

13 0 An organization that is not controlled by any disqualified persons (other than foundation managers) and supports organizations described in (1) lines 5 through 12 above, or (2) section 501(c)(4), (5), or (6), if they meet the test of section 509(a)(2) (See section 509(a)(3) ) Provide the following information about the supported organizations (See page 5 of the instructions ) (h) Line number (a) Name(s) of supported organization(s) from above

14 F-1 An organization organized and operated to test for public safety Section 509(a)(4) (See page 5 of the instructions Schedule A (Form 990 or 990-EZ) 2002

223111 01-22-03 w I Schedule A (Form 990 or 990-EZ) 2002 THE TRUSTEES OF RESERVATIONS 04-2105780 Page 3 Support Schedule (Complete only d you checked a box on line 10, 11, or 12.) Use cash method of accounting. Note: You ma use the worksheet In the instructions for converting from the accrual to the cash method of accounting. Calendar year (ot fiscal year be gin nin in . 11111~ (a) 2001 (b) 2000 (c) 1999 (d) 1998 (e) Total Gifts, grants, and contributions 15 include reamsSee°~e°zg 12,944 , 602 . 6, 988,151 . 7 428, 481 . 4,657 , 928 . 32 , 019 r 162 . 16 Membership fees received 1 , 789 , 064 . 1,549,417 . 1 389, 063 . 1,175 , 152 . 5 902 696 . 17 Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's cnantable,etc,purpose 2 , 590,565 . 2,927 , 751 . 2,775,249 . 2 r 325,661 . 10,619,226 . 18 Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30,1975 3 106 713 . 2 , 581 , 636 . 2 , 289 , 060 . 2,167,336 . 10, 144, 745 . 19 Net income from unrelated business activities not included in line 18 186 , 159 . 77 , 416 . 152,159 . 415,734 . pp Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf 21 The value of services or facilities famished to the organization by a governmental unit without charge Do not include the value of services or facilities generally famished to the public without charge 22 Other income . Attach a schedule SEE STATEME NT 16 Do not include gain or (loss) from sale ofcapital assets 98 , 967 . 172 , 246 . 56,758 . 83,258 . 411,229 . 23 Total oflines l5through 22 20 529 911 .14,405,360 .14 016 027 .10,561 494 . 59,512 792 . 24 Line 23minus line t7 17,939 346 .11 477 609 .11,240,778 . 8,235 833 . 48 893 566 . 25 Enter 1% ofline 23 205 299 . 144,054 . 140 160 . 105,615 . 25 Organizations described on lines 10 or 11 : a Enter 2% of amount in column (e), line 24 ., 1 26a 977 , 871 . b Prepare a list for your records to show the name of and amount contributed by each person (other than a governmental unit or publicly supported organization) whose total gifts for 1998 through 2001 exceeded the amount shown in line 26a Do not file this list with your return. Enter the sum of all these excess amounts _ 1 26b 575,207 . c Total support for section 509(a)(1) test Enter line 24, column (e) 1 26c 48, 893,566 . d Add : Amounts from column (e) for lines 18 10,144,745 . 19 415,734 . 22 411,2291. 26b 575,207L . 1111N- 26d 11,546,915 . e Public support (line 26c minus line 26d total) _ , . . 1 26e 37, 346,651 . f Public su pp ort percenta ge line 26e numerator divided b line 26c denominator 10- , 26f 76 .3836 % 27 Organizations described on line 12: a For amounts included in lines 15, 16, and 17 that were received from a "disqualified person ; prepare a list for your records to show the name of, and total amounts received in each year from, each 'disqualified person ` Do not file this list with your return . Enter the sum of such amounts for each year N/A (2001) . . (2000) (1999) (1998) b For any amount included in line 17 that was received from each person (other than disqualified persons'), prepare a list for your records to show the name of, and amount received for each year, that was more than the larger of (1) the amount on line 25 for the year or (2) $5,000 (Include m the list organizations described in lines 5 through 11, as well as individuals ) Do not file this list with your return . After computing the difference between the amount received and the larger amount described m (1) or (2), enter the sum of these differences (the excess amounts) for each year N/A (2001) (2000) (1999) (1998) c Add Amounts from column (e) for lines 15 16 17 20 21 1 27c N/A d Add Line 27a total and line 27b total 1 27d N/A e Public support (line 27c total minus line 27d total) 1 27e N/A f Total support for section 509(a)(2) test Enter amount on line 23, column (e) 1 2711 N/A g Public support percentage (line 27e (numerator) divided by line 27f (denominator)) 1 27 N/A h Investment income percentage line 18 column e numerator divided b line 27f denominator 0- 27h N/A 28 Unusual Grants: For an organization described in line 10, 11, or 12 that received any unusual grants during 1998 through 2001, prepare a list for your records to show, for each year, the name of the contributor, the date and amount of the grant, and a brief description of the nature of the grant Do not file this list with your return . Do not include these grants in line 15 223121 01-22 .03 NONE Schedule A (Form 990 or 990-EZ) 2002 Schedule A (Form 990 or 990-EZ) 2002 THE TRUSTEES OF RESERVATIONS 04-2105780 Page 4 Private School Questionnaire (See page 7 of the instructions ) N/A (7'o be completed ONLY by schools that checked the box on line 6 in Part IV)

Yes No 29 Does the organization have a racially nondiscriminatory policy toward students by statement in its charter, bylaws, other governing instrument, or m a resolution of its governing body . . . ., 29 30 Does the organization include a statement of its racially nondiscriminatory policy toward students in all its brochures, catalogues, and other written communications with the public dealing with student admissions, programs, and scholarships . . . . 30 31 Has the organization publicized its racially nondiscriminatory policy through newspaper or broadcast media during the period of solicitation for students, or during the registration period if it has no solicitation program, in a way that makes the policy known to all parts of the general community it serves 31 If 'Yes,' please describe ; if 'No,' please explain . (If you need more space, attach a separate statement )

32 Does the organization maintain the following a Records indicating the racial composition of the student body, faculty, and administrative staffs 32a b Records documenting that scholarships and other financial assistance are awarded on a racially nondiscriminatory basis 32b c Copies of all catalogues, brochures, announcements, and other written communications to the public dealing with student admissions, programs, and scholarships . . . . 32c d Copies of all material used by the organization or on its behalf to solicit contributions _ 32d If you answered "No* to any of the above, please explain (If you need mare space, attach a separate statement )

33 Does the organization discriminate by race m any way with respect to a Students' rights or privileges? 33a b Admissions palicies7 . _ . . .. _ _, . . 33b c Employment of faculty or administrative staffs , . . . ,. . , 33c d Scholarships or other financial assistance . . . . 33d e Educational policies 33e f Use of facdities7 . _ _ . . . . _ , . . . .. 33f g Athletic programs? .. . . . 33 h Other extracurricular activities? 33h If you answered 'Yes'to any of the above, please explain (If you need more space, attach a separate statement )

34 a Does the organization receive any financial aid or assistance from a governmental agency 34a b Has the organization's right to such aid ever been revoked or suspended 346 If you answered 'Yes'to either 34a or b, please explain using an attached statement. 35 Does the organization certify that it has complied with the applicable requirements of sections 4 01 through 4 05 of Rev Proc 75-50, 1975-2 C 8 587, covennq racial nondiscrimination? If "No.' attach an explanation Ts Schedule A (Form 990 or 990-EZ) 2002

223731 01-22-0.3 Schedule A(Form990or990-EZ)2002 THE TRUSTEES OF RESERVATIONS 04-2105780 Pages Lead WA Lobbying Expenditures by Electing Public Charities (See page 9 of the instructions) N/A (To be completed ONLY by an eligible oraamzation that filed Form 5768) R a U if the oraamzation belongs to an Check " b "a" and limited control' (a) (b) Limits on Lobbying Expenditures Affiliated group To be completed for ALL (The term expenditures' means amounts paid or incurred ) totals electing organizations N/A 36 Total lobbying expenditures to influence public opinion (grassroots lobbying) . _ . 37 Total lobbying expenditures to influence a legislative body (direct lobbying) 38 Total lobbying expenditures (add lines 36 and 37) ...... 39 Other exempt purpose expenditures , ., . . _ . .. 40 Total exempt purpose expenditures (add lines 38 and 39) . . .. 41 Lobbying nontaxable amount. Enter the amount from the following table If the amount on line 40 Is - The lobbying nontaxable amount Is Not over $500,000 , , , 20% of the amount on line 40 , Over E500,000 but not over $1,000,000 , _, $100,000 plus 15% of the excess over $500,000 Over $1,000,000 but not over $1,500,000 , $175,000 plus 10°.4 of tie excess over $1,000,00C Over $1,500,000 but not over $17,000,000 $225,000 plus 5% of the excess over $1,500,000 OverS17,000,000 $1,000,000 42 Grassroots nontaxable amount (enter 25% of line 41) 43 Subtract line 42 from line 36 Enter -0- if line 42 is more than line 36 44 Subtract line 41 from line 38. Enter-0- if line 41 is more than line 38

Caution : If there is an amount on ether line 43 or line 44, you must file Form 4720 .

4-Year Averaging Period Under Section 501(h) (Some organizations that made a section 501(h) election do not have to complete all of the five columns below. See the instructions for lines 45 through 50 on page 11 of the instructions .)

Lobbying Expenditures During 4-Year Averaging Period N/A Calendar year (or (a) (6) (c) (d) (e) fiscal year beginning in) 1 2002 2001 2000 1999 Total 45 Lobbying nontaxable 0 . 46 Lobbying ceiling amount 0 . 47 Total lobbying 0 . 48 Grassroots nontaxable amount 0 . 49 Grassroots ceding amount (150% of line 48(e)) .. 0 . 50 Grassroots lobbying 0 . Lobbying Activity by Nonelecting Public Charities (For reporting only by organizations that did not complete Part VI-A) (See page 11 of the instructions ) N/A During the year, did the organization attempt to influence national, state or local legislation, including any attempt to Yes No Amount influence public opinion on a legislative matter or referendum, through the use of a Volunteers .. b Paid staff or management (Include compensation in expenses reported on lines c through h.) c Media advertisements d Mailings to members, legislators, or the public e Publications, or published or broadcast statements f Grants to other organizations for lobbying purposes g Direct contact with legislators, their staffs, government officials, or a legislative body h Rallies, demonstrations, seminars, conventions, speeches, lectures, or any other means i Total lobbying expenditures (Add linesc through h.) 0 . If 'Yes' to any of the above, also attach a statement giving a detailed description of the lobbying activities 223141 01-22-03 Schedule A (Form 990 or 990-EZ) 2002 Schedule A (Form 990 or 990-EZ) 2002 THE TRUSTEES OF RESERVATIONS 04-2105780 Page 6 YI! Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations (See page 12 of the instructions ) 51 ad the reporting organization directly or indirectly engage m any of the following with any other organization described m section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations? a Transfers from the reporting organization to a noncharitable exempt organization of Yes No (I) Cash ...... 51a(i) X (Ii) Other assets ...... X b Other transactions (i) Sales or exchanges of assets with a nonchantable exempt organization _ _ , . . . , . . .. b(i) X (ii) Purchases of assets from a noncharitable exempt organization . . . . . _ _ _ _ _ . . . _ , . b(H) X (Iii) Rental of facilities, equipment, or other assets b(III) X (Iv) Reimbursement arrangements . . , b(iv) X (v) loans or loan guarantees b(0 X (vi) Performance of services or membership ortundraising solicitations . _ ...... ,, b(vi) X c Sharing of facilities, equipment, marling lists, other assets, or paid employees c X d If the answer to any of the above is 'Yes,* complete the following schedule Column (b) should always show the fair market value of the goods, other assets, or services given by the reporting organization . If the organization received less than fair market value m any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received N/A (a) (b) (c) (d) line no . Amount involved Name of nonchantable exempt organization Description of transfers, transactions, and sharing arrangements

52 a Is the organization directly or indirectly affiliated with, or related to, one or more tax-exempt organizations described in section 501(c) of the Code (other than section 501(c)(3)) or m section 527 . _. " 0 Yes M1 No

O1-22.03 JGIICUUIC X trunn yyu ur ayu-Cc) cuuc THE'TRUSTEES OF RESERVATIONS 04-2105780

FORM 990 - RENTAL INCOME STATEMENT 1

ACTIVITY GROSS KIND AND LOCATION OF PROPERTY NUMBER RENTAL INCOME

VARIOUS LOCATIONS 1 1,410,413 .

TOTAL TO FORM 990, PART I, LINE 6A 1,410,413 .

FORM 990 RENTAL EXPENSES STATEMENT 2

ACTIVITY DESCRIPTION NUMBER AMOUNT TOTAL

VARIOUS EXPENSES 1,264,154 . - SUBTOTAL - 1 1,264,154 .

TOTAL TO FORM 990, PART I, LINE 6B 1,264,154 .

FORM 990 GAIN (LOSS) FROM PUBLICLY TRADED SECURITIES STATEMENT 3

GROSS COST OR EXPENSE NET GAIN DESCRIPTION SALES PRICE OTHER BASIS OF SALE OR (LOSS)

SALE OF SECURITIES 20,559,000 . 19,891,000 . 0 . 668,000 .

TO FORM 990, PART I, LINE 8 20,559,000 . 19,891,000 . 0 . 668,000 .

FORM 990 SPECIAL EVENTS AND ACTIVITIES STATEMENT 4

GROSS CONTRIBUT . GROSS DIRECT NET DESCRIPTION OF EVENT RECEIPTS INCLUDED REVENUE EXPENSES INCOME

VARIOUS SPECIAL EVENTS 442,861 . 442,861 . 30,941 . 411,920 .

TO FM 990, PART I, LINE 9 442,861 . 442,861 . 30,941 . 411,920 .

STATEMENT S) 1, 2, 3, 4 THE'TRUSTEES OF RESERVATIONS 04-2105780

FORM 990 INCOME AND COST OF GOODS SOLD STATEMENT 5 INCLUDED ON PART I, LINE 10

INCOME

1 . GROSS RECEIPTS ...... 645,799 2 . RETURNS AND ALLOWANCES ...... 3 . LINE 1 LESS LINE 2 ...... 645,799

4 . COST OF GOODS SOLD (LINE 13) ...... 203,962 5 . GROSS PROFIT (LINE 3 LESS LINE 4) . . . . . 441,837

COST OF GOODS SOLD

6 . INVENTORY AT BEGINNING OF YEAR ...... 7 . MERCHANDISE PURCHASED ...... 203,962 8 . COST OF LABOR . . . . . 9 . MATERIALS AND SUPPLIES ...... 10 . OTHER COSTS ...... 11 . ADD LINES 6 THROUGH 10 ...... 203,962

12 . INVENTORY AT END OF YEAR 13 . COST OF GOODS SOLD (LINE 11 LESS LINE 12) . . 203,962

STATEMENT S) 5 THE~TRUSTEES OF RESERVATIONS 04-2105780

FORM 990 OTHER CHANGES IN NET ASSETS OR FUND BALANCES STATEMENT 6

DESCRIPTION AMOUNT

UNREALIZED LOSSES <14,767,000 .> TRANSFERS TO AFFILIATE <2,473,000 .> CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS <255,000 .> CONTRIBUTIONS OF LAND 2,329,000 .

TOTAL TO FORM 990, PART I, LINE 20 <15,166,000 .>

FORM 990 OTHER EXPENSES STATEMENT 7

(A) (B) (C) (D) PROGRAM MANAGEMENT DESCRIPTION TOTAL SERVICES AND GENERAL FUNDRAISING

NON CAPITALIZABLE EQUIPMENT 168,464 . 158,461 . 6,377 . 3,626 . REPAIRS AND MAINTENANCE 352,759 . 349,301 . 3,458 . PROPERTY SERVICE 671,710 . 643,005 . 28,705 . ADVERTISING 69,901 . 69,889 . 12 . APPRAISAL 23,725 . 23,725 . CONTRACT SERVICES 1,064,798 . 820,062 . 214,876 . 29,860 . PLANNING AND RESEARCH 13,635 . 13,635 . SIGNS 19,595 . 19,595 . AWARDS 6,608 . 3,000 . 3,608 . BANK FEES 37,022 . 8,668 . 3,759 . 24,595 . DUES AND SUBSCRIPTIONS 29,140 . 12,112 . 14,546 . 2,482 . FOOD 62,662 . 7,709 . 115 . 54,838 . INSURANCE 145,905 . 120,869 . 25,036 . INTERPRETATIVE MATERIALS 12,473 . 12,151 . 322 . MISCELLANEOUS 79,408 . 68,385 . 8,448 . 2,575 . RECORDING FEES 282 . 282 . RECRUITMENT 11,639 . 8,158 . 2,869 . 612 . PERMITS 143,545 . 140,321 . 3,224 . TRAINING 21,091 . 16,907 . 3,899 . 285 . UNIFORMS 21,319 . 21,319 . VEHICLE EXPENSES 108,864 . 108,864 . LAND PURCHASES 0 . LESS - ALLOCATED EXPENSES - MLCT <805,362 .> <805,362 .>

TOTAL TO FM 990, LN 43 2,259,183 . 1,821,056 . 319,242 . 118,885 .

STATEMENT S) 6, 7 THE TRUSTEES OF RESERVATIONS 04-2105780

FORM 990 STATEMENT OF PROGRAM SERVICE ACCOMPLISHMENTS STATEMENT 8

DESCRIPTION OF PROGRAM SERVICE ONE

THE TRUSTEES OF RESERVATIONS IS A NONPROFIT ORGANIZATION WHOSE PURPOSE IS TO ACQUIRE, HOLD, MAINTAIN AND OPEN TO THE PUBLIC BEAUTIFUL AND HISTORIC PLACES AND TRACTS WITHIN THE COMMONWEALTH OF MASSACHUSETTS

GRANTS EXPENSES

TO FORM 990, PART III, LINE A 9,759,977 .

FORM 990 OTHER INVESTMENTS STATEMENT 9

VALUATION DESCRIPTION METHOD AMOUNT

EQUITY INVESTMENTS MARKET VALUE 76,158,000 .

TOTAL TO FORM 990, PART IV, LINE 56, COLUMN B 76,158,000 .

FORM 990 OTHER ASSETS STATEMENT 10

DESCRIPTION AMOUNT

ASSETS HELD UNDER SPLIT-INTEREST AGREEMENTS 2,309,000 .

TOTAL TO FORM 990, PART IV, LINE 58, COLUMN B 2,309,000 .

FORM 990 OTHER LIABILITIES STATEMENT 11

DESCRIPTION AMOUNT

ANNUITY PAYMENT LIABILITY 1,459,000 . DUE TO MASSACHUSETTS LAND CONSERVATION TRUST 1,286,542 .

TOTAL TO FORM 990, PART IV, LINE 65, COLUMN B 2,745,542 .

STATEMENT S) 8, 9, 10, 11 THE TRUSTEES OF RESERVATIONS 04-2105780

FORM 990 OTHER REVENUE NOT INCLUDED ON FORM 990 STATEMENT 12

DESCRIPTION AMOUNT

DIRECT EXPENSES 1,499,057 . CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS <255,000 .> CONTRIBUTIONS OF LAND 2,329,000 .

TOTAL TO FORM 990, PART IV-A 3,573,057 .

FORM 990 OTHER EXPENSES NOT INCLUDED ON FORM 990 STATEMENT 13

DESCRIPTION AMOUNT

DIRECT EXPENSES 1,499,057 . UNREALIZED LOSSES ON INVESTMENTS 14,766,878 .

TOTAL TO FORM 990, PART IV-B 16,265,935 .

FORM 990 PART VIII - RELATIONSHIP OF ACTIVITIES TO STATEMENT 14 ACCOMPLISHMENT OF EXEMPT PURPOSES

LINE EXPLANATION OF RELATIONSHIP OF ACTIVITIES

93, THE OPERATION OF THE RESERVATIONS AND HOLDING SPECIAL EVENTS 94 AND ACTIVITIES ALLOWS THE GENERAL PUBLIC ACCESS TO BEAUTIFUL AND HISTORIC PLACES AND TRACTS OF LAND WITHIN THE COMMONWEALTH OF 101, MASSACHUSETTS, WHICH IS THEIR EXEMPT PURPOSE . 103 ** OVERHEAD COSTS ASSOCIATED WITH THIS ACTIVITY ARE PRESENTED IN PART II .

SCHEDULE A STATEMENT REGARDING ACTIVITIES WITH STATEMENT 15 SUBSTANTIAL CONTRIBUTORS, TRUSTEES, DIRECTORS, CREATORS, KEY EMPLOYEES, ETC, . PART III, LINE 2

SEE FORM 990, PART V

STATEMENT S) 12, 13, 14, 15 THE TRUSTEES OF RESERVATIONS 04-2105780

SCHEDULE A . OTHER INCOME STATEMENT 16

2001 2000 1999 1998 DESCRIPTION AMOUNT AMOUNT AMOUNT AMOUNT

MISCELLANEOUS 98,967 . 172,246 . 56,758 . 83,258 .

TOTAL TO SCHEDULE A, LINE 22 98,967 . 172,246 . 56,758 . 83,258 .

STATEMENT S) 16 Trustees of Reservations Attachment to Form 990, Part IIIa:

Statement of Program Service Accomplishments

Program Service One - Field operations Line a $8,039,398

The Trustees of Reservations has been protecting the Massachusetts landscape since 1891, making us one of the nation's oldest conservation organizations. Our mission is to preserve, for public use and enjoyment, properties of exceptional scenic, historic, and ecological value in Massachusetts and to protect special places across the state. Stretching from the Berkshires to Cape Cod and the Islands, our reservations provide people with a chance to experience the entire landscape of the Commonwealth, from wind-swept mountaintops to barrier beaches, historic estates, farms, and forests. Our stewardship of these reservations is based on a commitment to providing visitors with an inspirational experience while ensuring the conservation of fragile resources.

During the fiscal year, The Trustees helped more than one million people discover the best of the Massachusetts landscape at our 94 reservations-more than 23,000 acres of land that protect 12 historic houses and miles of trails.

Field Operations major accomplishments for the year include:

" The Appleton Farms Community Supported Agriculture (CSA) program produced more than 57,000 pounds of vegetables for 130 CSA shareholders in last year. The number of shareholders has grown to more than 200 in Fiscal Year 2003. " Appleton Farm once again has a dairy herd made up of 41 Jersey heifers and a small but growing herd of beef cattle. " Restored a salt marsh at Old Town Hill that had been severed from its tidal flow by an ancient cart path with funding from the Gulf of Main Council. " At historic Francis William Bird Park our 94h reservation, we initiated the long- term management process for this popular suburban park in Walpole. " The Green Dogs program was highly successful in introducing a new dog-walking ethic to our Rocky Woods Reservation in Medfield. More than 350 dog permits were issued and 150 new family memberships were sold this year. " The Bradley Estate hosted the Canton Garden Clubs annual holiday tour of historic homes in which more than 2,000 people toured the estate. " We were able to maximize staff resources by creating several new Trustees `task forces' where staff from other regions come together to assist on large projects or in understaffed areas. " In partnership with The Nature Conservancy, The Trustees again conducted prescribed burns at Long Point Wildlife Refuge and Wasque. Trustees of Reservations Attachment to Form 990, Part IIIa:

Program Service Two - Land Conservation Line b $ 1,057,444

During the fiscal year ending March 31, 2003, The Trustees of Reservations protected or assisted in the protection of 21 properties involving 2,652 acres of land. That noteworthy achievement by the Land Conservation Department, working with Field Operations staff, brought The Trustees' protected lands total over the past three years to 10,000 acres-about 20% of the land protected by The Trustees since its founding in 1891. This remarkable success in uncertain political and economic times is the result of the commitment and expertise of our staff, the generosity of donors and bargain-sellers of property and conservation restrictions, and the strong support of the Standing Committee, the Advisory Council, the Land Conservation Committee, and the board of The Trustees' affiliate, the Massachusetts Land Conservation Trust (ML,CT).

Summary of Results

3 new reservations-656 acres 3 additions to reservation-65 acres 1 addition to a future reservation-34 acres 5 conservation restrictions-353 acres 9 conservation assistance projects-1544

Land Conservation major accomplishments for the year include:

" Acquired three new reservations - Francis William Bird Park, Walpole (95 acres), Copicut Woods, Fall River (488 acres), and Little Tom Mountain, Holyoke (73 acres). " Crowd Archeological Site, Sturbridge - The Trustees acquired this two-acre property which contains the remains of a farmhouse, well, and barn which belonged to Robert Crowd, a man of African-American and Native-American heritage, who worked in the mid-19th century in the graphite mine located on our nearby 55-acre Tantiusques property. The Crowd Site will be added to Tantiusques. " Lucy Stone Home Site, West Brookfield - The property includes the birthplace and childhood home site of 19th-century suffragist Lucy Stone. The site will be added to Rock House Reservation. " Conservation Restrictions for the year included - Gleason Pond, New Marlborough (237 acres), Jane P. Greene Conservation Restriction, Wellesley (8 acres), The Carter Hill parcel (27 acres), The Half Mile Hill parcel (36 acres) both in North Andover. The Sedgwick family generously donated a conservation 7

restriction on an historic 45-acre property, which is an important Stockbridge landmark. " Assists included -1) Allen's Neck Farmland Preservation Project, Westport and Dartmouth , 2) Eastover Farm, Rochester and Marion, 3) The Fairbanks Property, Holliston, 4) Howden Farm, Sheffield, 5) King Farm, Dartmouth, 6) The Krause Property, Westport, 7) Mount Tom, Holyoke and 8) Mt. Watatic, Ashby and Ashburnham. " Co-hosted the 14th Annual Massachusetts Land Trust Conference with the Massachusetts Land Trust Coalition. Over 360 staff and volunteers from communities and land trust organizations throughout the Commonwealth gathered for workshops that addressed conservation and stewardship issues. " Co-sponsored the Conservation Priorities Workshop - Mom than 85 land conservation professionals from government agencies and nonprofit organizations attended a daylong workshop at the Tower Hill Botanic Gardens in Boylston to discuss the priorities and techniques for conservation of the Massachusetts landscape. Trustees of Reservations Attachment to Form 990, Part IIIa:

Program Service Three - Resource Stewardship Line c $507,838

This program grouping includes Planning & Ecology, Historic Resources and Structural Resources.

Planning & Ecology Open space is more than a place to enjoy the absence of development-it is home to the scenic, historic, and ecological resources that form the unique fabric of the Massachusetts landscape. Our reservations protect 89 rare species, 12% of the state's piping plover population, and countless cultural sites that chronicle the history of land use in the Commonwealth. Identifying and devising ways of protecting these resources is the work of our planning and ecology staff, whose tools range from archival research to species counts and geographic information systems technology.

Throughout the fiscal year, The Trustees continued to gather the data used to guide our stewardship of our reservations. At the same time, we launched new initiatives in habitat conservation and management, habitat restoration, and rare species protection.

Planning & Ecology major accomplishments for the year include:

Restoring Critical Habitat - The Trustees completed the restoration of a salt marsh known as Damde Meadows at World's End. The project restores tidal flow to an area impounded by early settlers in the 1600s, thus rehabilitating an 18-acre wetland that has long been impacted by human use. Creating Landscape Management Plans - Teams of staff and volunteers created new management plans for Cape Poge Wildlife Refuge and Wasque, Crane Wildlife Refuge, Dexter Drumlin, Long Point Wildlife Refuge, and Malcolm Preserve. Developing Conservation Tools - To help land managers care for sand barren habitats found the Cape and Islands and along the Connecticut River Valley, we published a Sand Barrens Habitat Management guide which offers detailed chapters on various management tools, including, prescribed fire, prescribed grazing, mechanical clearing, and mowing. At Crane Beach, we developed a number of new and innovative management techniques to protect piping plover and least tern populations, including the use of electrified perimeter fencing to protect nesting and resting shorebird colonies from predators. A Species Survey - Noted botanist Jerry Jenkins was hired to conduct a botanical survey of Bartholomew's Cobble, home to one of North America's greatest diversities of fern species and their allies, as well as abundant woodland wildflowers, many of which are rare. Employing GIS Technology - we began producing property trail maps that highlight landscape features and enhance the visitor's appreciation of the conserved landscape and concluded a multi-year study on the threats to aquatic resources on Martha's Vineyard, published as "The Ecology of Coastal Salt Ponds: A Pilot Study at Long Point Wildlife Refuge." Published a comprehensive survey of visitors to our reservations.

Historic Resources The Trustees actively preserves the cultural landscape of the Commonwealth, from the First Period to the Gilded Age and beyond. Charged with protecting and interpreting 12 historic houses, assorted designed landscapes, and numerous antique and act collections is a dedicated group of historians, curators, and preservationists .

Historic Resources major accomplishments for the year include:

" Collections Acquisitions - Joan Appleton donated a large collection representing generations of the Appleton family and at Ashintully, Mrs. John S. McLennan and John McLennan's two daughters, released their life interests in the barn and its collections. These generous donations will help us expand interpretation and programs at the two properties . " Dating Historic Houses - A dendochronology project revealed that the Paine House definitively dates from 1694, not 1720. A similar project was completed at the Colonel John Ashley House and confirmed 1735 as the date for the frame. " Preservation and Planning - The findings from a Historic Structures Report and a Scholar-in-Residence report conducted at the Col. John Ashley House will inform interpretive programs and furnishings plans. Similar planning at the William Cullen Bryant Homestead resulted in the restoration of the entrance and stair halls. " Grants and Gifts - The Lenox Garden Club donated $1,500 to the restoration of the Evergreen Garden at Naumkeag and The Old Manse received a grant from the Garden Club of Concord to re-plant an heirloom apple orchard. " Publications - Susan Hill Dolan, Northeast Historic Resources Manager, contributed an essay on the Great House at Castle Hill to David Adler, Architect: The Elements of Style, published by the University of Chicago. " House Museum Opening - The Folly at Field Farm, designed and furnished by Ulrich Franzen (1966), was opened to the public on a seasonal basis.

Structural Resources The objective of the department is to assess the health of the Trustees structures totaling roughly 426,000 square feet, and to devise strategies to replace deferred maintenance with predictable, scheduled maintenance and renewal.

Structural Resources major accomplishments for the year include:

Effort to eliminate Deferred Maintenance - As the assessment of buildings and structures continues across the state, The Trustees continues to develop a strategy to plan for the continued renewal of our facilities and eliminate deferred maintenance. Utilizing "Green Construction" - This fiscal year also marked the completion of design for the new $5 million Doyle Conservation Center in Leominster. When completed, the new LEED-certified, gold-rated Doyle Conservation Center will support our conservation activities through its programmed spaces and through its use of "green" architecture, which will minimize its impact on the environment. Program Service Four - Education Line d $155,297

The Trustees is currently developing a plan to expand its educational programs. The organization recognizes that educating youth about conservation issues will ultimately contribute to the development of the next generation of conservationists.

Major accomplishments for the year in Education include:

" Cape Ann - The Trustees was able to further develop a multifaceted interpretive program for its Cape Ann properties . This education initiative provides 25 nature programs for school children, families, and senior citizens to help raise awareness about the importance of conservation and the value of Cape Ann's natural and cultural resources. " Southeast Region - More than SOO local school children visited Weir River Farm, World's End, and other Trustees properties as part of the Beyond the Classroom Nature Program Series. After School Nature Clubs, Autumn Outings, and Mom & Me introduced children ages 3-11 to ecology, nature, and farm life through a series of games, hikes, and nature projects. " Martha's Vineyard - 43 teachers and over 725 students participated in the Claire Saltonstall Education Program (CSEP). CSEP offers high-quality, hands-on outdoor and classroom environmental education programs to Martha's Vineyard schools free of charge and provides off-Island schools programming for a fee. " The Bioreserve in Fall River - The fiscal year marked the establishment of a new education program at the Southeastern Massachusetts Bioreserve in Fall River. Working in partnership with local youth services organizations, The Trustees offered free after-school and summer field trips focusing on biodiversity and environmental awareness to 700 children from urban, low-income, and culturally diverse backgrounds. Western Massachusetts - Donations in memory of a long-time Notchview committee member, once again funded an educational program at Berkshire Trail Elementary School. The program operates on an annual basis and is integrated with the Massachusetts Curriculum framework.

To Form 990, Part III, Line f 9,759,977 .1 1, Form 990, Part V

STANDING COMMITTEE 2403 Elliot M. Surkin, Chairman Malcolm Davidson Piper Rudnick LLP J.M. Forbcs Company One International Place 79 Milk Street Boston, MA 02110 Boston, MA 02109 Mailing address 3 Post Office Square 14`h Fl . Boston, MA 02109-3903

Bonnie Akins 18 Greystone Road Dover, MA 02030 Franklin Feigin 390 Bates Road Windsor, MA 01270 Jane B ihldorff 107 Elm Street Canton, MA 02021 Janice Hunt, President 969 South Street Needham, MA 02492

Nina Brown 50 Gorham Avenue Brookiine, MA 02146 Charles F. Kane, Jr., Treasurer RBC DainRauschcr One Beacon Street Boston, MA 02108

Franz Colloredo-Mans feld Cabot Industrial Trust Two Center Plaza Boston, MA 02109 Raymond J. Kinney, Jr. Deutsche Banc Alex Brown 225 Franklin Street, 25`h Floor Boston, MA 02110

Peter H. Creighton, Vice Pres. Land Resources Associates 581 Boylston St. Ste. 321 Catherine C. Lastavica Boston, MA 02116 P.O. Box 1443 Manchester, MA 0 1944 Philip Lehner 72 S. Pleasant Street Daniel Pierce Hingham, MA 02043 Scuddcr Kemper Investments Two International Place Boston, MA 02110

Lynn Lyford 18 Bonad Road Winchester, MA 01890 George Putnam One Post Office Square Boston, MA 02109

Peter E. Madsen Henry S. Reeder. Pembroke Real Estate Architectural Resources Cambridge, Inc. 255 State St. 2"d floor 140 Mt. Auburn Street Boston, MA 02109 Cambridge, MA 0213$

Virginia Murray Robert C. Seamans, Jr. 114 Forest Street 675 Hale Street We llesley, MA 02181 Beverly Farms, MA 01915

Nicholas W. Noon 11 North Main Street Mary Waters Shepley, Vice Pres. Cohasset, MA 02025 22 Forster Road Manchester, MA O1944

Julia O'Brien 43 Mendum Street Norton Q. Sloan Roslindale, MA 02131 PO Box 570 Ipswich, MA D 1938

Edward N. Perry Perkins, Smith & Cohen One Beacon St. 30`h fl. Boston, MA 02108-3106

a ~ .

F. Sidney Smithcrs, Secretary Cain, Hibbard, Myers & Cook 66 West Street Pittsf eld, MA 01201

Caroline Standley 75 Elm Street Medfield, MA 02052

Peter C. Thompson 217 Grove Street Westwood, MA 02090

R. Angus West, Esq. Cabot-Wellington, L.L.C. 70 Federal Street 7'h Floor Boston, MA 02110 ADVISORY COUNCIL 2003 Stephen J. Browne John K. Herbert III 303 Main Street Nichols & Pratt Medfield, MA 02052 50 Congress St. Suite 832 Boston, MA 02109-4017

Lalor Burdick 180 Dudley Road Newton, MA 02459 John L. Gardner Eaton Vance Management 255 State Street Boston, MA 02109 Richard M. Burnes,lr. Charles River Ventures 1000 Winter St., Ste. 3300 Waltham, MA 02451 Lily Rice Hsia 317 Highland Street Hamilton, MA 01982 Mrs. I. W. Colburn Sea Rock 185 Summer Street Manchester, MA U1944 L. Jamison Hudson 293 Commonwealth Ave. Boston, MA 02115

Hope Gushing 120 Fayerwcather St. #1 Roger B. Hunt Cambridge, MA 02138-6813 Sullivan & Worcester One Post Office Square Boston, MA 02109

David Croll 52 Essex Road Chestnut Hill, MA 02467 Stephen B. Jeffries S . B. ,Feffries Consultants 121 Mt. Vernon Street Boston, MA 02108-1104 John W. Delaney Hale and Dorr 60 State Street Boston, MA 02109

f. Leo~Kavanaugh William !. Nutt ' PO Box 507 Affiliated Managers Group Stockbridge, MA Q1262-0507 600 Hale Street Prides Crossing, MA 01965

Jonathan Keyes 91 Liberty Street Ronald O'Hanley Concord, MA 01742 Mellon Institutional Asset Management Mellon Financial Center One Boston Place, 15`h floor Boston, MA 02108 Brian Kinney 1 Richdale Avenue Apt. 16 Cambridge, MA 02140

John 0. Parker Parker Capital Management George Lewis 100 City Hall Playa 3"d fl . 172 Forest Street Boston, MA 02108 Sherbom, MA 01770

William Roberts Jonathan Loring Cain, Hibbard, Mycrs & Cook P.O . Box 182 66 West Street Prides Crossing, MA 0965 Pittsfield, MA 01202

George Mathey 236 Argilla Road Scott Solombrino Ipswich, MA 01938 Dav El Transportation 200 Second Street Chelsea, MA 02150

Scott Nathan The Baupost Group Augusta Stanislaw 10 St. James Ave. Suite 2400 PO Box 2293 Boston, MA 02116 So.Hamilton, MA 01982-Q293

Patricia Storey 111 Village Road Dedham, MA 02026-4115 Hooker Talcott Daniel A . Taylor, Esq. 420 Warren Street Piper Rudniek LLP Brookline, MA 02146 One International Place Boston, MA 02110

John E. Thomas Beals & Thomas Reservoir Corp. Center To Be Added to Mailings: 144 Turnpike Road Southborough, MA 01772 Edward H. Ladd Standish Mellon Asset Managernent Mellon Financial Center One Boston Place Boston, M,4 02108-4408 Phillip Trucsdell (Husk) 80 William Street Worcester, MA 0 1609

Herbert W. Vaughan Hale and Dorr 60 State Street Boston, MA 02109

Winthrop Wassenar 300 Oblong Road Wiiiiamstown, MA 01262

invited to Attend

Albert M. Creighton, Jr., Chairman Cliairinan's Council 17 Old Neck Road Manchester, MA 01944 EXECUTIVE COMMITTEE 2003 tutor lvt . burxin, c,nairmun Raymond Kinney, Jr. Piper Rudnick LLP Deutshe Bane Alex. Brown One International Place 225 Franklin Street, 25`x' Floor Boston, MA 02110 Boston, MA 02110

Henry S. Reeder Janice Hunt, President Architectural Resources Cambridge, tnc. 969 South Street 140 Mt. Auburn Street Needham, MA 02492 Cambridge, MA 02138

Peter H. Crcighton, Vice President Land Resources Associates Norton Q. Sloan 581 Boylston St. Ste. 321 PO Box 570 Boston, MA 02116 Ipswich, MA 01938

Mary Waters Shepley, Vice President 22 Forster Road R. Angus West, Esq. Manchester, MA 01944 Cabot-Wellington, L.L.C. 70 Federal Street 7`h Floor Boston, MA 02110

F. Sydney Smithers, SecretaPy Cain, Hibbard, Myers & Cook 66 West Street Pittsfield, MA 01201 Invited: Herbert W. Vaughan Hale and Dorr 60 State Street Boston, MA 02109

Charles F. Kane, Treasurer RBC DainRauscher One Beacon Street Boston, MA 02108

Jane Bihldorff 107 Elm Street Canton, MA 02021 ., , , .'1,-

Form 8868(12-2000) Page 2 e if you are filing for an Additional (not automatic) 3-Month Extension, complete only Part II and check this box Note: Only complete Part II ii you have already been granted an automatic 3-month extension on a previously filed Form 8868. 0 If you are filing for an Automatic 3-Month Extension, complete only Part i (on page 1). Part II Additional not automatic 3-Month Extension of Time - Must file Original and One Copy. Name of Exempt Organization Employer Identification number Type or print. HE TRUSTEES OF RESERVATIONS 04-2105780 File 6y the extended Number, street, and room or suite no. If a P.O. box, see instructions . For IRS use only a°'dale r°' STREET filing the 572 ESSEX return. See City, town or post office, state,, code. For a foreign address, see instructions . instructions EVERLY MA O1 5 Check type of return to be filed (File a arate app 'cation for each return) : Form 990 0 Form 990~EZ D For 990~T (sec . 401(a) or 408(a) trust) =Form 1041 ~A 0 Form 5227 ~ Form 8870 Form 990-BL 0 Form 990~PF = Fo 990-T (trust other than above) = Form 4720 0 Form 6069

STOP : Do not complete Part II if you webs not alreody granted an automatic 3-month extension on a previously filed Form 8868.

" If the organization does not have an offic r p1 e of business in the United States, check this box ,. .,.., . . . ,. ,.,. . P- [] " If this is for a Group Return, enter the organization's four digit Group Exemption Number (GEN) . If this is for the whole group, check this box 11110- 0 . It it is for part of the group, check this box 1 F-1 and attach a list with the names and EINs of all members the extension is for.

4 I request an additional 3-month extension of time until FEBRUARY 15, 2004. 5 For calendar year , or other tax year beginning APR 1, 2002 and ending MAR 31, 2003 6 If this tax year is for less than 12 months, check reason: 0 Initial return ~ Final return ~ Change in accounting period 7 State in detail why you need the extension INFORMATION NECESSARY TO FILE A RETURN IS NOT YET AVAILABLE .

8a If this application is for Form 990-BL, 990-PF, 990-T, 4720, or 6069, ester the tentative tax, less any nonrefundable credits . See instructions ...... ....... , ,... ,. .,. . . . ... ., ,. , ..,. $

b If this application is for Form 990~PF, 990-T, 4720, or 6069, aster any refundable credits and estimated tax payments made. Include any prior year overpayment allowed as a credit and any amount paid previously with Form 8868 c Balance Due. Subtract tine 8b from fine 8a. Include your payment with this form, or, d required, deposit with FTD coupon or, if required, by using EFTPS (Electronic Federal Tax Payment System) . See instructions .. . . ,.. . , $ N/A Signature and Verification Under penalties of perjury, I declare that I e examined this form, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, an omplete, and th m a orized to prepare this form.

Signature Title ~C,4'~ Date 1 %//wo-z" //~ Notice to Applicant - To Be Completed by the IRS We have approve- d this application. Please attach this form to the organization's return . 0 We have not approved this application . However, we have granted a 10-day grace period from the later of the date shown below or the due date of the organization's return Including any prior extensions) . This grace period is considered to be a valid extension of time for elections otherwise required to be made on a timely return. Please attach this form to the organization's return . 0 We have not approved this application . After considering the reasons stated in dem 7, we cannot grant your request for an extension of time to file. We are not granting the 10-day grace period . D We cannot consider this application because it was filed after the due date of the return for which an extension was requested. Other

By. Director Date Alternate Mailing Address - Enter the address if you want the copy of this application for an additional 3-month extension returned to an address different than the one entered above. Name1 A LLm EXAANDER, ARONSON, FINNING & CO . P . Type NumberV and street Include suite, room, or apt . no.) Or a P.O. box number or print ') 1 V Mn TrT emuL1L1m City or town, province or state, and country Including postal or ZIP code) WESTHORO . MA 01581-1461 Form 8868 (12-2000) Form 868 Application for Extension of Time To File an (December 2000) Exempt Organization Return OMB No. 15451709 Department of the 7re`rswy Internal Revenue Service 11~ File a for each return .

" If you are filing for an Automatic 3-Month Extension, complete only Part I and check this box . ..,. ., . . .,., ., _. " If you are filing for an Additional (not automatic) 3-Month Extension, complete only Part 11 (on page 2 of this form). Note : Do not complete Part II unless you have already been granted an automatic 3-month extension on a previously filed Form 8868 . Part I Automatic 3-Month Extension of Time - only submit original (no copes needed)

Note: Form 990-T corporations requesting an automatic 6-month extension - check this box and complete Part ! only .., .., .. ,. , ,..,.Jil. 71 All other corporations Including Form 990-C filers) must use Form 7004 to request an extension of time to file income tax returns . Partnerships, REMICs and trusts must use Form 8736 to request an extension of time to file Form 1065, 1066, or 1041 . Type or Name of Exempt Organization Employer identification number print THE TRUSTEES OF RESERVATIONS 04-2105780 File by the due date for dumber, street, and room or suite no. If a P.O. box, see instructions. filing 572 ESSEX STREET returnyou'. See inswciions. City, town or post office, state, and ZIP code. For a foreign address, see instructions . BEVERLY MA 01915

Check type of return to be filed (file a separate application for each return) :

~(] Form 990 [~ Form 990-T (corporation) [] Form 4720 Form 990~BL ~ Form 990-T (sec. 401(a) or 408(a) trust) C] Form 5227 [] Forth 990-Q [~ Form 990-T (trust other than above) ~ Form 6069 Form 990-PF 0 Form 1041-A [~ Form 8870

" If the organization does not have an office or place of business in the United States, check this box .. _ ... .,.. ..,. " If this is for a Group Return, enter the organization's four digit Group Exemption Number (GEN) . If this is for the whole group, check this box P = . (f it is for part of the group, check this box 0- [] and attach a list with the names and EINs of all members the extension will cover.

1 I request an automatic 3-month (6-month, for 990-T corporation) extension of time until NOVEMBER 15, 2003 . to file the exempt organization return for the organization named above. The extension is for the organization's return for. calendar year or ~ nX tax year beginning APR 1 , 2 0 0 2 , and ending MAR 31, 2003

2 If this tax year is for less than 12 months, check reason: [,] Initial return = Final return ~ Change in accounting period

3a If this application is for Form 990-BL, 990-PF, 990~T, 4720, or 6069, enter the tentative tax, less any nonrefundable credits . See instructions

If this application is for Form 990-PF or 990-T, enter any refundable credits and estimated tax payments made . Include any prior year overpayment allowed as a credit ., ,.. . . .. . ., ,.,., ...... ., $

c Balance Due. Subtract line 3b from line 3a. Include your payment with this form, or, if required, deposit with FTD coupon or, if required, by using EFTPS (Electronic Federal Tax Payment System). See instructions . . ... . $ N/A Signature and Verification

Under penalties of perjury, I declare that I h ve examined this form, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete, and ihay~n aulborized to prepare this form.

/' LHA For Pa Act Notice, see instruction Form 8868 (12-2000)

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