Annual Review 2011 Making Progress for Our Shared Planet

Welcome to the Annual Review 2011

Here at Earthwatch we’ve enjoyed another year of inspiring connections, reaching out globally through educators, companies and public volunteers while continuing to inform environmental policy. We’ve continued to build on existing partnerships. Our new five-year freshwater research program with HSBC will equip new environmental leaders in developing countries with the skills and knowledge they need to pursue their careers in conservation, and enable thousands of individuals to actively help improve the health of our planet. We recently ran a teacher team near the Oxford office at UK’s Wytham Woods as part of our global Teach Earth program, thanks in part to support from the Royal Wedding Fund. This successful initiative will help the teachers to become environmental role models to their students, bringing environmental education to life within and beyond the classroom. Additionally, pleased by the progress of the Oman Earthwatch Program, the Oman Government has recently pledged an endowment fund to enable four Oman Fellowships a year to be able to join an Earthwatch project of our choice each year. These highlights, among many more, continue to reflect and reap the rewards of the hard work being carried out by Earthwatch staff around the world, and the support that you give enables us to keep delivering our inspirational and essential programs. We are pleased to present you with this Annual Review, containing our most up-to-date financial information, and demonstrating that your donations are being put to good use to advance in our shared environmental mission. You can also look forward to two more key publications this year, which will showcase our sleeker and more modern look: our 2013 Earthwatch Research Expedition guide, containing several exciting new research project opportunities, and the World of Connections booklet, drawing on Earthwatch’s rich history of outcomes since our origins in 1971. We can’t wait to share these with you, and we’ll be sure to let you know when they are unveiled. This is a very exciting time for Earthwatch, and none of our success would be possible without you. Thank you for your invaluable support, and thank you for sharing our vision of unlocking potential in people and the environment.

Ed Wilson, President & CEO Nigel Winser, Executive Vice President

Our Misson: Earthwatch engages people worldwide in scientific field research and education in order to promote the understanding and action necessary for a sustainable environment. Earthwatch by the numbers in 2011

With your help in 2011, we’ve accomplished so much together. As you’ll see below, our dedicated volunteers contributed more than 140,000 hours to environmental field research – that’s more than 16 years’ worth of work accomplished in 2011! And not only did you join us at research sites across the globe, you also collected data that will help affect real change through conservation management policies. We are so proud of the great work we’ve done together and look forward to building on our successes next year.

hours of research contributed by volunteers 141,518 across our whole portfolio of projects

volunteers joined an Earthwatch expedition 3,153 (an increase of 80 from 2010) 276 partnerships (an increase of 76 from 2010) 47 policies informed (an increase of 11 from 2010)

habitats maintained/enhanced (an increase 27 of 5 from 2010) 24 taxa enhanced (an increase of 8 from 2010) Earthwatch financial summary

arthwatch is pleased to present an Earthwatch recognizes the responsibility of our abbreviated synopsis of its 2011 fiscal mission to maintain urgent programmatic needs and Eperformance. This was another challenging field commitments. We continually strive for greater year for the global non-profit community. operational efficiencies and cost effective mission However, Earthwatch, with its long history of robust delivery to ensure we devote the majority of our revenues to this end. and stable programs, was able to increase its revenues and continues to diversify its base of committed supporters. Although managing comprehensive field operations in a fluctuating financial environment has proved difficult, we have delivered a healthy programs- Mahesh Arcott to-operations ratio in 2011, with 84% of our Chief Financial Officer, Earthwatch Institute expenditures directed towards our worldwide research and education activities (85% in 2010). Incoming Resources Resources Expended

37% Volunteer Contributions 84% Programmatic 1% Membership

55% Grants, 11% Management partnerships and admin and other contributions 5% Development 7% Other Income

Programmatic includes: recruitment, development and management of research projects and volunteers, and management of education programs and partnerships including fellowship, capacity building, community education and corporate engagement programs.

2011 2010 Total Funds for Earthwatch US US$ US$

Incoming Resources $9,612,909 $8,228,650

Resources Expended $10,015,430 $10,746,463

Programmatic $8,403,333 $9,133,619

Management & Admin $1,068,107 $1,111,471

Development $543,990 $501,373

Net (Outgoing)/Incoming Resources $(402,521) $(2,517,813)

End of Year Net Assets $5,127,072 $5,529,593

These figures above refer to Earthwatch Institute (US), a non-profit organization under section 501(C)3 of the Internal Revenue Code. Donors

Earthwatch would like to thank the following individuals, companies, and grant-making organizations for their invaluable support in 2011. In addition, we would like to express our gratitude to the thousands of dedicated donors and volunteers worldwide. Due to the constraints of this publication we are unable to list all of our 2011 supporters and field participants but we humbly thank you for your commitment and service.

$1 Million Plus $10,000-$49,999 Nathaniel and Elizabeth P. Stevens Foundation HSBC Ahmanson Foundation Nina and Thomas Lawson Alexandra Goelet Pamela Wilton Ulm Briggs Family $250,000-$999,999 Alkan Air Ltd. Trust, LLC Alcoa Foundation Anne and Robert Pedrero Poseidon Sales Agency Limited Jane and Arthur Riggs Barbara Greenewalt Riverside Education Enrichment The Durfee Foundation Catherine Nierras Foundation Chesonis Family Foundation Russell Faucett $100,000-$249,999 Christina and Jason Blumenthal David H. Koch Samuel M. Hamill Jr. Credit Suisse Group AG Ernst & Young LLP Sandra Seidenfeld Dallas Zoo Management, Inc. Karen D. and M.E. Zukerman Sheehan Family Foundation Dechenla Lodge Northrop Grumman Corporation State Street Bank Drexel University Starbucks Coffee Company Steve Leffin Duke Energy Corporation The Goldring Family Foundation Teton Science Schools G. Carl and Julie Schweser UPS Foundation George Eberstadt through The William and Myriel Eykamp $50,000-$99,999 Eberstadt Kuffner Fund Inc. Barrick Gold Gilbert Glass Beijing Toread Outdoor Products $5,000-$9,999 Co., Ltd. Giles W. and Elise G. Mead Allen-Stevenson School Foundation Donald R. Kendall, Jr. Betsy and Peter Snow Harry H. and Anna Borun Blake Lindsley and Stephen Faucett Family Foundation Foundation Nemeth Fidelity Foundation Henry C. Greenewalt Boston Redevelopment Authority Geraldine R. Dodge Foundation, Jeffrey A. Jakubiak Inc. Christine Bata Schmidt Jill and Peter Kraus Lake Forest Academy Collegiate School Kelly Family Charitable Conservation & Preservation Los Angeles Zoo Foundation Charities of America Massachusetts Institute of Mark and Anne-Marie Cappellano Donald E. Conover Technology through Skyscrape Foundation Eastern Bank National Science Foundation Marpat Foundation Elizabeth P. Gordon through the Peter and Helen Bing Marymount School of New York William J.J. Gordon Foundation Richard M. Burnes, Jr. Merrill and Cynthia Magowan Susan and Nicholas Pritzker Estate of Barbara McEwen The Fledgling Fund Gaye Hill and Jeff Urbina Cape Cod Lighthouse Charter Leonard Coleman GlobalGiving Foundation School Liang Zhong Chen Harvard Allston Partnership Catherine and Thomas Nicholson Linda Daly Boston Redevelopment Charles Ganson Lisa and Thomas Cohn Holly Muson Cindy Zilch Lourdes Martinez Jacqueline Schulman Dobranski Daniel Leonard Marta Lawrence through the Dobranski Foundation Dr. Daniel I. Rubenstein Marty and Dorothy Silverman James Patrick Kelly Deborah Lynch Foundation Judson Traphagen Deerfield Academy Marvin Elenbaas Microsoft Matching Gifts Program Denise Trapani Hall Mary Ellen Rowe Millipore Corporation Diane McNabb McKinsey and Company Mitsubishi Corporation Dorothy Lichtenstein Mollie and Whitney Johnson Mitsubishi International Dr. William R. Moomaw Myles Goldfein Corporation Edward Reinoso Myra Hart Names in the News Edward Wilson nabCapital - Global Markets Oliver and Evelyn Smith Eli Michael Namaste Foundation Foundation, Inc. Englander, Leggett & New York City Event Junior Orlin and Onnolee Trapp Chicoine P.C. Committee Payne W. Middleton Felstein Charitable Lead Trust Norman Powers SeaWorld & Busch Gardens First Wind Energy Pam Inman Conservation Fund Franz and Patricia Jahoda Peter and Donna Hollinger Significance Foundation G. Michel Dimitri Peter Friedman St. Bernard’s School Gayle and William Bauer Petro Diamond The Edith B. and Lee V. Jacobs Fund No. 2 Gene Daniels Philanthropy International The Fred A. and Barbara M. Erb George and Jane Bunn, Jr. Rosayn Anderson Family Foundation Google Matching Gifts Program Roth Family Foundation The Louise H. and David S. Greater Kansas City Community Ruth and Ken Scheer Ingalls Foundation, Inc. Foundation San Francisco Zoo The Spence School Grymes Memorial School, Inc Sharon Orrange and Scott US Trust/ Bank of America Private Harriet and Conrad H. Todd Humphrey Wealth Management Helen Milner Shirley Bianco Victoria and Jamie Tomashoff Hewlett Packard Speed Weed Virginia Busch IBM Matching Gifts Stan and Karen Watt WIDECAST Isabell Von Alvensleben State Street Foundation James Forster Susan Sakmar $1,000-$4,999 James H. Woods Foundation Tanya Thompson AAA Southern New England Jane Phillips The Nature Conservancy Alan Hickenbottom Janet and David Zens Theng Khong Alexander, Aronson, Finning & Janice Trindade Tina Larson Co., P.C. Jill Doescher Travelocity.com LP Amy Ruth Borun John Hemming Triad Foundation, Inc. Amy Ziff Jonathan and Abigail Moses Vanessa Alexander Andrea Ference Julie and Henry Sharpe Victoria Stack Barbara Erickson and Peter Torrebiarte Kimberly Hughes William Topper Bernard Wallerstein Kitty and Maurice Pechet, Ph.D. Worldwide Small Change Foundation Beverly Alexandre Lando & Anastasi, LLP Bill Davlin through the Davlin Larry Agenbroad Foundation Leo and Kay Drey International Board of Directors (US/UK)

Whitney L. Johnson, Chair Ruth C. Scheer Bronson Thayer Professor David Macdonald, Dr. Tsuru Shinya, Ex-Officio Jill Walsh CBE, Vice Chair Robert J. Stack Louise Barrett Charles Swingland US Board of Directors Amy Ruth Borun Mark D. Ward Whitney L. Johnson, Chair Richard M. Burnes, Jr. Philip L. Weickhardt, Ex-Officio Ruth C. Scheer, Vice Chair Mark Cappellano Edward Wilson, Ex-Officio Kevin J. Anton Sagarika Chatterjee Karen D. Zukerman Amy Ruth Borun Andrew Christie Richard M. Burnes, Jr. Richard Donkin Directors Emeriti George A. Eberstadt George A. Eberstadt William G. Meserve, Chairman G. Keith Funston, Jr. Russell Faucett Emeritus, US Alexandra Goelet G. Keith Funston, Jr. Sir Crispin Tickell, Chairman Gary F. Goldring Alexandra Goelet Emeritus, UK Samuel M. Hamill, Jr. Gary F. Goldring Chester G. Atkins Donald R. Kendall, Jr. Dr. John Hemming, CMG Donald E. Dana Dr. Margaret D. Lowman Donald R. Kendall, Jr. Willard C. (Dub) Hay Dr. William R. Moomaw Dr. Margaret D. Lowman James S. Hoyte Brian A. Rosborough, Ex-Officio Anthony J. McMahon David H. Koch Dr. Daniel I. Rubenstein Dr. William R. Moomaw Merrill L. Magowan Edward Wilson Karen D. Zukerman Thomas H. Nicholson Linda Millard Herschel Post, MBE Graham G. Spurling Brian A. Rosborough, Ex-Officio Professor Ian Swingland, OBE Dr. Daniel I. Rubenstein James M. Storey International Board of Advisors (US) US Advisors Henry C. Greenewalt Arthur D. Riggs, Ph.D. Alexandra Goelet, Co-Chair Samuel M. Hamill, Jr. Christine Bata Schmidt Merrill L. Magowan, Co-Chair Gaye L. Hill G. Carl Schweser Lynn C. Anderson Jeffrey A. Jakubiak Sandra Seidenfeld Christina Blumenthal James Patrick Kelly Betsy Snow Virginia Busch Thomas Lawson Victoria Stack Pamela Chesonis Sherry Matthews John L. Stowell Mariela Colmenares Holly Muson Victoria Tomashoff Donald E. Conover Wallace J. Nichols Judson Traphagen Paul Cummins Catherine Nierras Pamela Wilton Ulm Jacqueline Schulman Dobranski Anne Pedrero Amy Ziff Earthwatch Institute Australia: Brazil: China: Europe: 126 Bank Street Avenida Sete de Setembro Suite A2506, Tianyaun Apt Mayfield House South Melbourne 6665, Curitiba-PR - CEP 36 Guang’anmen Nanjie 256 Banbury Road Victoria 3205 80.240-001, Brasil Xuanwu Dist Oxford, OX2 7DE Australia CNPJ: 11.627.421-0001-63 Beijing United Kingdom 100054, China Tel: +61 (0)3 9682 6828 Tel: +55 413077 0380 Tel: +86 8352 3824 Tel: +44 1865 318838

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