ANNUAL REPORT Creating a Clean, Prosperous, and Secure Energy Future™

2012–2013 ANNUAL REPORT Creating a clean, prosperous, and secure energy future™

SCALING IMPACT Transportation Buildings Industry Electricity General Energy TABLE OF CONTENTS ANNUAL REPORT 2012–2013 Letters

LETTERS 04 | LETTER FROM THE COFOUNDER AND CHIEF 04 SCIENTIST 05 | LETTER FROM THE EXECUTIVE DIRECTOR RMI’S WORK 06 | RMI’S WORK IN CONTEXT: 06 Efficiency, Renewables, and Natural Gas on the Rise 08 | MAKING ULTRALIGHT, ULTRAEFFECIENT

Our Printing and Paper This issue of RMI’s Annual Report is printed on elemental chlorine-free paper. Specifically, it is #2 FSC-certified CPC Matte Book and FSC-certified CPC Matte Cover, Sappi Papers in Minnesota, sourced from SFI-certified pulp. Using certified paper products promotes environmentally appropriate and economically viable management of the world’s forests.

http://www.rmi.org Trustees & Donors that. RMI’sthat. 31 implementation Last year,Last on RMI’s 30 CHIEF SCIENTIST CHIEF AND COFOUNDER FROM THELETTER Germany Japan, world’sand of added the they more Three kilowatt-hours. biggest economies—China, four China, in and power nuclear combined, and plants fossil-fueled worth—than dollars’ trillion quarter a globally—over more received investment solar and 2012,In wind renewables as modern such Fire. 2011 the we in roadmapped Reinventing book future secure and prosperous, clean, toward tide the the to turn at lower they’re often so and even starting costs, faster progressing renewables and are efficiency system, energy our place in fuels’ debates about fossil —as well as India generated more electricity from non-hydro renewables than from nuclear nuclear from non-hydro from renewables than generated more electricity India as well —as st year has been pivotal. Even as a U.S. shale-gas and shale-oil boom raises vigorous vigorous raises boom pivotal. Even shale-oil been a and U.S. has as year shale-gas

of solutions for a new energy era. I’m forof solutions anew energy happy to say we’re doing just in succeeding Cofounder, Chief Scientist, and Chairman Emeritus Chairman and Cofounder, Scientist, Chief B. Lovins Amory journey.on the us speeding and for ever. you for all, for joining Thank secure, verdant, and aworld thriving, realizing in We succeed there. us get can solutions, can deployed collaborators and right rapidlyintelligently and the adopted via renewables, and by 2050. Efficiency energy nuclear and U.S. coal, of oil, free Reinventing Fire Reinventing our to achieve we RMI’s are if vital is impact Scaling at stake. are security our and environment, economy, and Our health our rivals. climate, powerful our but still old, insecure, dirty, their against progress ever-greater must make supply over three-fourths of the world’s of the renewables and supply efficiency energy; over three-fourths still fuels Fossil through. transition long energy the to see determination we mustn’t dogged ofBut our we’re progress, while relax positive signs seeing adoption. widespread via scale at large but increasingly projects, singular iconic in not just marketplace—and the in to fruition now coming making, the That’s RMI’s solutions, in some decades evident in and equally programs impact. for exponential scaling renewables and are words, other efficiency In electricity. of reliable portions renewables and increasing supplying savings, economic and energy substantial unlocking solar, and efficiency for wind installations of record report weEvery read yet it week, another seems, level. local and state atthe leadership flourished Newto Iowa, and Jersey offsetting to California But station. happily, the had left Texas from train renewable-energy the after platform on the arguing stand leaders many still did power. America in Only th birthday, we challenged ourselves—and the world—to up the scale ourselves—and birthday, we challenged vision: a a vision:

Lovins image copyright RMI. Pickett image copyright RMI. Executive Director Marty Pickett year. coming overimpact the our we scale upon as tenaciously to call continue will RMI attributes perseverance— and speed love. and Iknow It symbolizes animal an Year Horse— the of the brings calendar zodiac Next year’s Chinese whole communities. help transform renewablesand can to efficiency fuels fossil from transition the how enabling solutions Colorado, Fort work places Collins, as our such And showing is in renewables. and efficiency rapidly adoption for energy accelerating to igniting barriers unblocking and identifying Lab is Innovation Electricity power work the solar and Our with to mass-market. composite materials fiber carbon lightweight to bring working we are BMW, and VW as such automakers from and offerings upmarket latest the in realized to be starting composites is carbon-fiber made from autos ultraefficient ultrastrong, for ultralight, concept Hypercar Our country. the way under around or projects studies with buildings 70 other more than in firms major partner and owner, owners, other project’s by that replicated now is being projects additional in refined and State Building Empire the in featured process retrofit deep Our greater. far something into grow then and efforts and projects specific very from start do so RMI’s impact and wildfire, solutions like spreads and ignites but U.S. the China, and in work fire for not our just appropriate symbol, an reinventing is Fire world. of the future the is economies intertwined of our The future emissions. carbon and use energy of global trajectory the determine world’s the largely becoming will United States importer. oil Together, the and largest China world’s the half now is and burns coal that country for path the energy aclean to chart partners influential together brings that initiative ambitious an Fire: China, Reinventing launch industry, electricity—we and buildings, U.S.of the economy—transportation, sectors energy-using four the across to reinvent fire continues RMI as that then, fitting, How fire. with associated astrology, 2013 animal Year an Chinese Snake, the is In of the DIRECTOR EXECUTIVE FROM THELETTER also as a way to think about RMI’s exponential impact. Like the flame of a match that that of a match flame the about RMI’s Like impact. a way as exponential to think also 5

Letters THE RISE THE AND NATURAL ON GAS RENEWABLES, EFFICIENCY, WORKRMI’S IN CONTEXT: already becoming a reality in states and nations that choose the best buys first. first. buys best the choose that nations and states in areality becoming already second-best quarter ever. their had Q2 in and capacity first-quarter-2013 total of percent (PVs)48 added photovoltaics solar Meanwhile, 2012. in capacity of MW 10,000 than more adding additions, lead to new capacity gas more add 6percent less percent 13 needed costs, plummeting to capacity, thanks of and watts billion added 84 world’s electricity, the of percent 2012 5.2 renewables produced electricity, global of supply one-sixth which dams, big hydro Excluding respectively. 18percent and percent by 58 2012 in worldwide headway. grew windpower and Solar gaining rapidly renewables are and efficiency use, energy world’s final the of 2011 percent 78 provided still fuels fossil Although $40 billion by 2020. billion $40 2013 in to more $8.3 billion than from to jump projected is microgrids revenue from Annual oroperation development under worldwide. were in projects microgrid 400 more than reliability. By late grid 2012, and generation distributed decade, next boosting the in 17 a year percent bycompound more than to forecast is capacity installed global developmenttoo, microgrids’ as timely is microgrid RMI’s leadership in longstanding “new normal.” industry’s the became demand falling or stagnant as alone 2012 in percent 3.4 unprecedented by an fell weather, for GDP, of adollar produce to needed adjusted extensively. invested Business electricity The efficiency. $6.9 on energy spent billion U.S. the homes under Act. Utilities Recovery 1million improved more than weatherization and states 30 more than reached programs loan 2012 well. In as to grow efficiency continues efficiency energy Meanwhile, Here in the U.S., for the third time in five years, wind beat out natural natural out beat wind years, five in time third the for U.S., the in Here capacity. In short, RMI’s vision of a clean, prosperous, and secure energy future is is future energy secure and prosperous, aclean, of RMI’s vision short, In coal. much as twice nearly saved efficiency 2012, but in years, two past the in percent by 19 Yes, renewables.modern and it—efficiency outcompeting increasingly and now competitors outpacing fuel-free about the about than gas less is long term for the stably energy about priced abundant, new story the transition, gas the stretch and to strengthen uncertainties and major risks overcome might its fracking it’s that true renewables. and While to efficiency transition essential the or at delaying, least displacing, itrisks fear Others future. energy to aclean bridge anecessary is gas shale Some believe shale. fracking from United States, mostly the in boom gas anatural currently energy, is there of renewable growth exciting Alongside the Colorado Xcel Energy, the wholesale utility of 2013. Yet two-thirds own first our the in terminated units nuclear or planned operating 14 get helping costs, operating plants’ nuclear

Gas-fired power is beating old coal and old and coal power beating is Gas-fired gas helped slash U.S. coal-burning coal-burning U.S. helped slash gas investment than in 2011 to to 2011 in than investment

Wind turbine image courtesy of Shutterstock. us. RMI is committed to accelerating this this to accelerating committed is RMI us. slowly era up is around new energy rising the that developments confirm of these All generation. new-build, gas-fired than cheaper already is power wind unsubsidized Australia, as such places in power. And gas new now power beats new solar auctions, power. gas-fired volatile than over time risky less and cheaper likely it’s risk, no fuel-price having because, 1.5GW, GW of windpower another buying is U.S.largest 4.9 provider of windpower with predicted hasindeed cometopass.” because it was so prescient; much of what Lovins month we’re re-publishing Lovins’s 1985article. titled “SavingGigabuckswithNegawatts.” .This “In March 1985 we published Amory Lovins’s article In recent California California recent In

- Public Utilities Fortnightly, 2013 March journal 2013 of March trade issue the in featured as reform— electricity of decades leading three before. proven RMI’s in skill, foresight and ever than renewables more important and is economy powered to an by efficiency fuels world, the move and beyond America, fossil RMI’s urgent. is work shift to for this need the America’s power confirm, system brittle of vulnerability of the signs other as and us, Sandy have Superstorm as shown disasters climate-related such As shift. market-based us to even greater achievements. to even greater us Public Utilities Fortnightly Utilities Public —now propel 7

RMI’s Work BMW MAKING ULTRALIGHT, VW TM Hypercar ULTRAEFFECIENT AUTOS RMI’s concept car TOYOTA A REALITY

If we’re going to wean our automobiles off oil—through drastic efficiency gains, enabling Supere cient Lightweight Vehicles electrified powertrains that can eliminate oil use altogether—the paramount opportunity is to lighten our autos. The energy needed to move a typical car is at least two-thirds caused by its COMMERCIALIZATION LAUNCHPAD weight. Yet between 1980 and 2006, the average weight of our cars climbed 26 percent, so our two-ton personal autos now use about 8.8 million barrels of oil per day—half the oil that costs Autocomposites Americans $2 billion a day at the pump, plus $4 billion a day for just the hidden economic and military costs of oil dependence. INNOVATION HUB

Shedding that obesity works best by replacing workshop that included 45 major players from

steel with carbon-fiber composites—until 2013, across the automotive carbon fiber composite RMI’s Work used mainly in high-end sports and luxury supply chain, RMI and industry partner Munro models. But BMW’s just-released 2,630-pound & Associates created the Autocomposites i3, starting at $41,350 and due in U.S. showrooms Commercialization Launchpad—with eight THE HYPERCAR™ COMES TO LIFE next spring, is the first mainstream auto to use major companies already signed on—to a carbon-fiber-aluminum-mix body redesigned advance the design, production, testing, and In 1991, RMI invented the gamechanging from the ground up. BMW reportedly plans to implementation of one or more carbon-fiber Hypercar concept, combining ultralight, ramp up i3 production to about 30,000 a year, parts on Model Year 2018 vehicles with high- ultrastrong composite materials with ultralow and possibly higher. But that’s still far below speed production volume of at least 50,000 drag and rolling resistance, hybrid or what’s needed to transform automaking. units per year. That will finally bust many otherwise electrified powertrain, and highly of the remaining barriers—as much cultural integrative design. In 1993 this work won the RMI’s Autocomposites project is making that as technical or economic—to high-volume ISATA industry conference’s Nissan Prize, transformation happen. Following a nine- ultralight automaking. and later, a World Technology Award. In 2000, month research program and a November 2012 our Hypercar spinoff and two European Tier One partners virtually designed such a radical vehicle. Automobile Magazine commented, “We’ll take two.” But the Hypercar didn’t reach “The Volkswagen XL1 is a production. It was, in a sense, a car before its time...until now. hypercar in the way that might make Amory Lovins Fast forward to 2013 and Volkswagen’s release of the XL1, a radically efficient carbon-fiber smile. That’s a nod to one of 2-seater boasting a plug-in hybrid powertrain. From its 1,753-pound curb weight to its the creators of the original sleek aerodynamics and 235-mpg rating, its 1990s Hypercar project from basic parameters are eerily similar to RMI’s Hypercar analyses of 20 years earlier. The the Rocky Mountain Institute.” concept has come to life, and Europeans—and

i3 image copyright BMW AG. XL1 image copyright Volkswagen. copyright image XL1 AG. BMW copyright image i3 maybe Americans—can soon lease one. - The Washington Post

9 TRANSFORMING COMMUNITIES’ ENERGY STRATEGIES

Reinventing Fire offers a comprehensive vision and pathway to a brighter energy future for A CARBON-NEUTRAL CAMPUS State University and a large section of Old the United States, integrating solutions that cut across traditional sectoral boundaries. A Town, Fort Collins’ historic downtown area. Arizona State University (ASU), America’s great microcosm in which to do that—small enough to be tractable, big enough to matter—is In November 2012, RMI brought together largest university, has committed to carbon communities. From campus-wide initiatives to citywide programs to statewide recommendations, some of the nation’s leaders in net-zero-energy neutrality by 2025. It’s a bold goal, but as with RMI is helping communities take charge of their energy use to move towards a clean, prosperous, development, including members of RMI’s many higher education institutions in the secure energy future. Electricity Innovation Lab (e-Lab) initiative, U.S., money is tight and student population to provide strategic direction. The FortZED- growth is significant. RMI is partnering with specific effort also has the potential to expand Ameresco and ASU to craft a roadmap to to the entire community. achieve this challenging goal over the next FORTZED twelve years. Through whole-system analysis, Over 7,000 customers Meanwhile, RMI is helping Fort Collins we have set out to bridge the gap between RMI’s Work explore how it could reach and even what is theoretically possible and what can ARIZONA STATEMore than UNIVERSITY 73,000 students accelerate its goal to cut greenhouse gas actually be achieved under realistic financial More than 61,000 solar panels emissions by 80 percent from 2005 levels by constraints. It will require optimizing building 2050. That’s no small feat since nearly three- FT. COLLINS efficiency and thermal district energy systems; Climate Goal: reduce greenhouse gas fourths of electricity and some 95 percent of rethinking campus, faculty, and student Campus emissions by 80% from 2005 levels all energy consumed comes from coal, oil, and transportation; and building an electricity natural gas. infrastructure based on microgrids and a lot City of renewable generation. A STATEWIDE REINVENTING FIRE If ASU reaches its carbon neutrality goals Keeping the lights on and the engines of on time, that alone would be significant. In commerce and innovation humming in the addition, the cities of Tempe and Phoenix are State of Connecticut requires a stable, secure Transforming Communities watching and promise to follow suit. Other energy supply—and a lot of energy. The state major universities are also looking to ASU uses 750 trillion BTUs of energy per year— as they start their own plans to attempt State mostly from fossil fuels and nuclear power, carbon neutrality. and only three percent from renewables.

A NET-ZERO-ENERGY CITY DISTRICT RMI advised the state in thinking through CONNECTICUT its near- and long-term energy strategies to The City of Fort Collins, Colorado, may soon drive towards its carbon goals—emissions have a net-zero-energy district—a district that 10 percent below 1990 levels by 2020 and 80 produces as much energy as it consumes— National REINVENTING FIRE: CHINA percent below 2001 levels by 2050—while in the heart of downtown, built upon a strengthening the economy. Helping find foundation of energy efficiency and local cost-effective strategies to lower energy in renewable generation. Called FortZED (Zero REINVENTING FIRE: USA the industrial and buildings sectors, while Energy District), the effort, launched in 2007, integrating new and innovative strategies involves the City; its municipal utility, Fort in electricity, can help the state meet today’s Collins Utilities; local nonprofit UniverCity challenges and start a transformation to a Connections; and the Colorado Clean Energy durable energy future. Cluster. The district encompasses Colorado

Fort Collins image courtesy of Shutterstock. 11 THE FUTURE THE CREATING OF GRID THE INNOVATION LAB: ELECTRICITY THE (e Lab Innovation Electricity unique—the something launched RMI 2012, of summer the During a whole new electricity system. a whole new electricity create to together innovate and collaborate, learn, to policymakers, and technologists consumers, and providers insurgents, and incumbents together brought We’ve nonprofits. and companies, technology renewables and distributed customers, large operators, grid regulators, utilities, future. electricity resilient renewable, half-distributed, RMI’s to achieve percent 80 of an vision changes fundamental needs transmission power long-distance and generation thermal U.S.1. on central based system The current of and participation in e in participation of and Four FLUX IN GRID ELECTRIC AN odds. In short, e short, odds. In at often who actors are among cooperation enormously complex, are system requiring today’s facing electricity challenges moving fast- group?Why the adiverse such Because problems that no stakeholder can tackle alone. tackle can no stakeholder problems that - Lab). e Lab). major motivations drive RMI’s drive major motivations leadership - Lab engages thought leaders and decision makers from across the electricity sector: sector: electricity the across from makers decision and leaders thought engages Lab - Lab is working on solutions to on solutions working Lab is - Lab: from utility to customer. utility from that’s power rapidly solely flows displacing have atwo-way meter created relationship the customer’s DERs on the side customers. ofand utilities between relationships the shifting and change speeding response—is demand and efficiency, solar, energy third-party-financed and (DERs)—including owner- resources energy distributed in 3. Rapid growth old-style one. the as same the roughly cost could system atransformed found Fire Reinventing all, After result. better for afar how we smarter invest might to rethink system, old same power to more decades of the commit we before 2030. time, Now the is through just investment, in up to $2 trillion require will grid current of the infrastructure antiquated 2. Simply maintaining the aging and already already and aging the Simply maintaining

Transmision tower image courtesy of Shutterstock. e-Lab image copyright RMI. among utilities, third-party solar financiers/ for rod disputes solar, alightning rooftop distributed with moremodels evident than for new business need Nowhere the is energy.” distributed and utilities on read Grist of Roberts future. energy distributed more aclean, DERs compatible and with models to new business utilities for migrating Edge Distribution the for Models Business 2013 New report, becoming outdated. e becoming quickly are models business one-size-fits-all old relationship, utility utility-customer the As SYSTEM OF THE FUTURE THE OF SYSTEM THE ELECTRICITYENVISIONING lines. long transmission and plants big advantages over central slow-startup large, offer renewables, microgrids and distributed Efficiency security. and resilience grid in have interest heightened grid to the threats other Sandyand 4. Superstorm the rapid proliferation of DERs shifts rapid of DERs the shifts proliferation called it “the best thing I’ve thing it best “the called , offered possible solutions solutions possible , offered - Lab’s influential spring spring Lab’s influential In June 2013 David David 2013 June In , RMI and other e other and RMI PV. solar for Meanwhile, approaches pricing develop real-world to stakeholders other and utilities with partnering for point launching now the is “even-handed analysis” an knowledge. most importantly, and gaps in disagreement, or places of consensus costs, and benefits these work important of identifying the Studies Cost and Benefit PV Solar of RMI and e and RMI system. greater to the PV offers solar costs potential or the benefits the foraccount either adoption, don’t solar adequately initial driven they’ve usefully while policies, simplistic such price. But power same at the grid-purchased acustomer’s and generation solar balancing U.S. the net-metered, is in solar of rooftop The majority vast customers. and installers, U.S. Navy (page 21). (page 11) of Fort Collins City the with the and including projects, for on-the-ground together - Lab’s follow-up A report, Review What What - Lab partners have joined have joined Lab partners Greentech MediaGreentech , started , started called called 13

RMI’s Work Average BoS Soft Costs ($/Wdc) 0.50 2.00 1.00 1.50 0 COSTS DOWN COSTS DRIVING SOLAR POWER credit cards, out of alignment with the low asset risk solar represents. solar risk low asset the with alignment out of cards, credit of that comparable to costs financing high by is backed it is available solar financing However, where that is news good The installs. solar residential new all of citizen. still 75percent about supporting average israpidlyexpanding, cost financing the for installed pocket of total out prices, capital much in module too requires declines massive Despite financed. or purchased whether cost, total systems’ photovoltaic solar down drive to ideas in invest to continues RMI march to wide competitiveness. wide to march power’s fast solar continue and costs soft halve to installers enable U.S. will study the from Findings practices. best adapt, adopt and to analyze, their Germany’s installers solar key with RMI’s partnered has Institute, Tech Simple initiative BoS Georgia Research the with cooperation in below So of far America’s; ours. Australia’s are costs soft Germany’s one-fifth inspection. are and installation, (over today’s part hardest permitting, biggest and half on the total)—“soft like costs” primarily by 75 2020 percent of PV by cost systems focusing total the at cutting aimed roadmap to develop a funding, SunShot together, working leveraging Renewable Laboratory are Energy (BoS)system work, National how the of revealed non-module Now to save and costs. nearly RMI half The COSTS SOFT REDUCING

Average BoS Soft Costs ($/Wdc) 2010 on RMI’s based balance-of- of Energy’s U.S. targets, pathfinding SunShot Department 0.50 Average BoS Soft Costs ($/Wdc) 2.00 1.00 Average BoS Soft Costs ($/Wdc)1.50 0.50 2.00 1.00 1.50 0.50 2.00 0 1.00 1.50 0 and interconnectioncosts 0 Permitting, inspection Acquisition Customer $1.52 Labor U.S. and interconnectioncosts Permitting, inspection and interconnectioncosts and interconnectioncosts Permitting, inspection Permitting, inspection Acquisition Customer $1.52 Acquisition Labor Customer U.S. Acquisition $1.52 Customer Labor U.S. $1.52 Labor U.S. Germany $0.33 Germany $0.33 Germany Germany $0.33 $0.33

Solar panel image courtesy of Shutterstock. work nationwide. work out the roll will that partnerships targeted through Communities Friendly Solar of Colorado success the replicate to poised for solar. used be can space that of rooftop amount the maximizing while safety firefighter ensures still that firefighters and industry solar the between compromise to develop a officials department building and installers, solar officials, fire worked with also Communities. Friendly Solar as certified now are and permitting streamlined already aresult, As process. permitting their streamline that communities reward and to recognize system developed rating and aroadmap has RMI of Golden, Denver, and cities Fort the Collins, and Society, Boulder County, Energy Solar American Association, Colorado Industries Energy Solar Partnering home of state our Colorado. in starting connection, grid and inspection, for permitting, We’re SOLAR FRIENDLY COMMUNITIES also helping purge Byzantine procedures procedures Byzantine purge helping also with the Department of Energy, Department the with ten communities statewide have have statewide communities ten Now we’re We We

cost of solar electricity by 8–16 percent. by 8–16 electricity solar of cost levelized the cut and failures, project reduce capital, underwriting unlock to potential groups. finance and 17 banks with filing for amock preparing is and documents lease standard projects. real against score credit the to test phase beta entering currently we and are screen, credit of the a prototype produced 13 FY of In capital. truSolar cost lower and the participation finance increase to requirements necessary the producing Renewable Laboratory—are National Energy Poor’s, Laboratories, the and Underwriters and Standard DuPont, Assurant, including finance— and solar in names leading and RMI PVprojects, industrial and commercial, for residential, standards leasing and underwriting, screening, credit uniform By(SAPC), that. establishing changing is to Public Capital Access Solar and truSolar RMI’s groups, work working two with provided. has market the than risks project and about industry more clarity and more scale both requires loans underwriting efficiently because rates, often reasonable fewer charge and part few lenders take market, solar through Our COSTLOWERING THE CAPITAL OF third line of attack on soft costs is is costs on soft of attack line third This approach holds the exciting exciting holds the approach This the capital markets. Despite a robust Despite arobust markets. capital the SAPC created 15

RMI’s Work MAKING AMERICA’S EMPIRE STATE BUILDING AT&T

Few buildings in the world are as iconic as Few examples of scaling are as potentially BUILDINGS New York City’s Empire State Building. Its impactful as RMI’s work with tele- 2010 deep retrofit—whose design RMI co- communications giant AT&T. Its extensive led with energy service company Johnson real estate portfolio—one of the largest SUPEREFFICIENT Controls (JCI) and property manager Jones in the world—includes more than 65,000 Lang LaSalle (JLL)—surpassed energy facilities in 60 countries. RMI teamed up performance results for the second straight with AT&T to help cost-effectively reduce Buildings in the U.S. consume 42 percent of total energy and 72 percent of electricity. They use year, saving $2.4 and $2.3 million in years energy consumption in these facilities. AT&T more energy than any entire country except the U.S. and China. Yet investing an extra $0.5 trillion one and two, respectively, and increasing the already has taken steps toward implementing in the nation’s 120 million buildings between now and 2050 could save $1.9 trillion. It’s really value of the building significantly. Due to its some of RMI’s recommendations. Broadly hard to do that building by building, so RMI focuses on triggering change at scale—largely by prominent success, JCI and JLL have invested communicating AT&T’s results will enable to shift their business models toward deep corporate office energy managers across the transforming the energy strategy for entire portfolios of buildings. retrofits and to roll out similar deep retrofits at U.S., and beyond, to save more energy with nearly 70 other projects across the country— even higher returns. exactly the experience-led scaling effect we sought. DEEP RETROFIT VALUE PROJECT

30 ENERGY SAVINGS PERFORMANCE Deep retrofits, which save half or more of a

GENERAL SERVICES RMI’s Work CONTRACTS IN 2013 building’s energy use and cost, don’t only More than past 10 years combined ADMINISTRATION save energy and enable more cost-effective Another huge lever is the nation’s renewable supply. Efficient buildings’ largest landlord, the General Services dramatically better performance makes GSA Administration, which manages more their occupants happier, healthier, and more 1.2 million employees and than 7,000 properties hosting more than productive, thus reducing absenteeism, more than 7,000 properties 1.2 million federal employees—nearly all raising sales and lease rates, boosting federal buildings except those of the Postal rents, and otherwise creating major real Service and Department of Defense. With estate value. Real estate decision makers tight government budgets, even for energy used to ignore such value-adds but in efficiency retrofits, GSA often works with hypercompetitive markets can no longer energy service companies (ESCOs) that afford to leave that money on the table by only perform efficiency retrofits in return for a making superficial building improvements. Retro share of the energy costs they save. But with That’s why RMI’s Deep Retrofit Value Project RMI’s help, GSA and its ESCO partners are is creating frameworks and standards that EMPIRE STATE BUILDING going further. First, we helped create the the industry can use to express these values, Iconic retroﬁt delivering more than $4.7 million in savings over ﬁrst 2 years National Deep Energy Retrofits program including documenting how many basis for GSA. Then, we educated key GSA and points each efficient or green feature adds CATALYZED NEARLY ESCO stakeholders on how to achieve deep to observed market capitalization rates. This 70 DEEP RETROFITS Across the country retrofits. The combined impact of everyone’s accelerates efficiency and in particular makes shared commitment has been profound: deep retrofits more common because the extra GSA’s average expected energy efficiency value makes undertaking larger projects more AT&T gain on retrofits more than doubled from feasible and justifiable. More than 65,000 18 percent to 39 percent, with some projects facilities in 60 countries surpassing 60 percent, and in 2013 GSA plans to execute close to 30 energy savings performance contracts—more than in the past ten years combined.

17 ENERGY PATH CHINA FOR CHARTING CLEAN A THE DRAGON: FOR FIRE A NEW global energy landscape: conduct a similar analysis for China. China. for analysis asimilar conduct landscape: energy global the transform could that initiative bold equally an on embarking is RMI Now renewables. and efficiency energy deploying by aggressively savings, net trillion at$5 a 2050, and bycoal off oil Reinventing Fire published RMI 2011, In RMI’s three-plus decades of effort driving driving RMI’s of decades effort three-plus with expertise Laboratory. their Combining Group at BerkeleyNational Lawrence Energy by NDRC), (also sponsored China the and Foundation China Energy planning), strategic NDRC, leads China’s which Commission, Development National Reform of and the Institute Research (the Energy organization energy-analysis China’s national leading including experts, American and Chinese of partnership aunique in working is RMI Reinventing Fire: China. effort, new collaborative exciting an launched has why RMI is Which China. through pass change—must climate global tackles one that especially era—and energy anew to path any that is simple truth The world’s the become importer. oil largest about world is to of the rest combined—and the 2012—more in of coal than tons billion over four burned China consumer, energy world’s the As person. more per emits largest CO world’s and consumer energy gross largest U.S. the the to become surpassed recently of global energy-related CO energy-related of global percent 43 and use energy of global percent U.S. the for and account 38 Together China 2 emitter, although the U.S. still uses and and uses U.S. the still emitter, although 2 emissions. China China emissions. , a business-led energy roadmap for shifting the U.S. U.S. the shifting for roadmap energy , abusiness-led China’s energy strategy in the upcoming 13 upcoming the in strategy China’s energy on able be to provide guidance will project the as perfect, is Theeye timing on economics. asharp with feasible and extent maximum adoption to the of renewables, the both speed and improve efficiency China’s energy overall development, adoption approaches—to and technology lead to actions—policies, can that provide knowledge will Fire: China Reinventing levels. highest convene at the to RMI of ability the and it’s attracted, enthusiasm the project, the of timeliness the to testament one place before—a in establishment energy China’s of Who” “Who’s this he seen never had that commented Bank Energy. of Department United States the and Urban-Rural Development, and Housing of Technology, and of Science Ministry the Ministry the NDRC’s including and Vice-Chair by led attendance, in leaders, academics and corporate officials, senior 90 approximately with took place on June 19, launch The official 2013, task. ofcomplexity the and challenge to the equal ateam creates of resources restorative use and efficient the for its findings. for its eager and committee project’s steering on the Five Year authors are of key whose many Plan, A representative from the World the from A representative th

China image courtesy of Shutterstock. century. For some of the best energy thinkers thinkers energy century. For best some of the this in title that to retake soon expected is and economy for 18 20 past centuries, of the world’s the been has China biggest China. Fire: to advance Reinventing engine powerful a as involved of serving all is enthusiasm shared the and strong is momentum but the The begun, work just only has brave inourresearch.” reinvent fire. We needtoliberateourthinkingandbe and Chinaneedtoworktogetherinthisboldeffort development that worksfortheworld.BothU.S. “We do not yet have a model of sustainable energy -Zhou Dadi, Director General Emeritus of the just of both our nations but of the entire world. entire but of the nations our of both just not prosperity and security for the important to improve U.S.experience practices China’s from remarkable conversely to learn we’ve as radically U.S. do, the shown can and new ways to improve as system China’s energy most promising the together—identifying to work countries two our in practitioners and Energy Research Institute —is —is 19

RMI’s Work ADOPTERS LEADING LEVERAGING OF CASCADING BENEFITS: ASERIES TRIGGERS ADOPTERS WITH WORK OUR LEADING met. two-thirds to close be would Reinventing Fire years. 10 past over the dramatically consumption had reduced already that program efficiency—a to improve goals logistics set and opportunities operators identify fleet private freight largest This EFFICIENCY LEAPS and influential. example compelling to be that wants RMI and companies, consumer-focused and intensive for distribution- example nationally an to set underway. already is NWNA wants electricity renewable accelerated implementation targeting and goals, these to meet strategy sourcing renewable electricity effective an NWNA find energy. renewable percent 100 to use agoal network of has plants, anational has Nestle RENEWABLES PURCHASING sentiment. industrial help reshape that goals “stretch” with and practices, industry change and move to power markets purchasing enough with users energy big among renewable especially energy, source how on to resource a go-to become has RMI year, RMI also helped one of the country’s country’s one helped of the year, also RMI Waters (NWNA), America North which If all fleets met these same goals, RMI’s RMI’s goals, same these met fleets all If fuels to cleanfuels renewables buyers’ switch fossil from direct big impact of The 1. DIRECT IMPACT targets for trucking efficiency efficiency trucking for targets RMI is helping helping is RMI demand for renewable power for demand follow suit, helping to scale “leader effect”competitorsas The EFFECT LEADER 2.

Solar panels and Navy images courtesy of Shutterstock. incidents affecting grid reliability….” other or blackouts during available is power the unless security installation’s an improve significantly not but will importance, strategic of is independently power generate able Being to installations. our on microgrids development smart of pursue to effort the continue also DoN must generation, renewable deploying with parallel “In of renewable generation. potential maximum the to relate harnessing they as especially of microgrids, importance out the The Navy’s Energy Strategy Renewable for technology. microgrid of dimensions economic and technical the of both validation and testing The markets. in participation microgrid for path evolutionary an outlined and case, business microgrid the to quantify needs data approach and the established process, design microgrid to improvesolutions the developed effort RMI-led an in Participants on Naval innovation bases. microgrid speed for example,government—helping, to RMI MICROGRID INNOVATION Navy is thus taking a leading role in the the role in aleading taking Navy thus is also works with change leaders in leaders in change works with also spells spells civilian adoption. pace for the set and resilient supplies highly power bases’ military make that architectures to microgrid rapid shift Services’ other and Navy’s the helps develop strengthen and Navalthe Postgraduate School—work that at course energy Navy Secretary’s the teach and of Naval Chief Operations the to advise What’s more, continues RMI’s Scientist Chief cut their costs. scale up their projects and further renewable suppliers, energy who resultingThe “demand pull” on PULL DEMAND 3. 21

RMI’s Work MESSAGE THE SPREADING Economist The Post Huffington The Greentech Media featured in a wide variety of print, online, and broadcast media. broadcast and online, print, of variety awide in featured also RMI’s work year. was previous the over respectively 74 and percent percent 41 increased Outlet RMI blog, and website, rmi.org, redesigned our to visitors of number The wide. and far traveled RMI year, past the In message. We the spread to need a vacuum. in scale can’t Solutions International Renewables Monitor Science Christian Business Fox Progress Climate Energy ManagerEnergy Today Forbes American Scientific Management Building Operating Salon Aspen PublicAspen Radio Network Nature Mother News Earth Mother Corporation Broadcasting Australian Greenbiz Atomic Scientists the of Bulletin Times YorkNew Aspen Times Aspen Slate The Washington Post Utility Intelligent CNN International Agency Energy The Guardian Climate Spectator Environmental Leader Geographic National Journal Electricity E&E News Economy Renew & Power Light Electric Denver Post Chronicle San Francisco Fortnightly Public Utilities Management Facilities Smart Grid News Grid Smart World Renewable Energy Solar Power World Power Solar Dubai Chronicle Dallas Morning News EarthTechling Smart Energy Living Smart Grist Treehugger Pundit Triple ,

Donor image copyright RMI. financial gifts. gifts. financial play addition to their in can influence and insights supporters’ that importance growing the reflects more comprehensive, better is and a new model of donor engagement, one that place developing we are their In mission. our to sustain no longer sufficient are supporters our for models engaging traditional that nonprofits, we have other found Like for evaluation, example. program and panels advisory in participating and media, social word, on the engaging mission—spreading our in participate ways can other supporters many the from to benefit seeking also are yet more support, more we and financial on donors’ depends most nonprofits, RMI like Certainly, support. beyond financial well to expand began donor relationships of our many excited that were particularly 2013 In Institute’s mission. we the furthering to essential of supporters—relationships broad base our with relationships deep At donor RMI, development about is cultivating REPORT DEVELOPMENT

supporters, over the coming years. coming oversupporters, the we our have with relationships the but also of supporters, base our nothope only to grow and support, for that We grateful extremely are talents? supporters’ our to enlist than own, on our to access we’d struggle scale otherwise to a programs our to grow channels access to and messages, programmatic our refine way and to test What better innovations. and RMI’s spreading in insights partner important an be can supporters our Furthermore, mission. shared our in to aid army energetic and apassionate, talented, be can supporters old or ones, evaluating more, RMI’sprograms, developing new it in is possible. Whether extent fullest to the to leverage potential that we use, need energy global to transform hand at task monumental Given us. support the of you who of all influence and insight, ofWe experience, wealth humbled by the are 23

RMI’s Work COMMENTARY FINANCIAL increased ($7.13M).increased a long-time donor from adonation and bequest agenerous included increase This (-$383k), year past the significantly support corporate and revenuethan individual was less service (-$557k) fee-for- professional declined and giving philanthropic foundation Although million. 2013 year Fiscal revenues of $16.4 GAAP were 2012 above well FY our revenues of $10.2 million of $11.76 assets net with year million reduce long-term end the debt, and significantly reserves, cash increase of anew building, design conceptual the begin to deliver results, capacity and programs its to strengthen revenue allowed RMI in year. increase This fiscal previous to the event, approximately compared 20 percent revenues rose extraordinary one-time, this over Excluding revenues 60percent GAAP 2012 actuals. increased property, Windstar of the sale the from proceeds the with together support, philanthropic Strong 2013. year for fiscal improved dramatically performance Institute’s financial Mountain Rocky Director of Finance Director McCullough Ed 2013. FY $940k(8.4 rose percent)expenses for operating areas—total programmatic development our in and capacity building while spending, in discipline its page). (see facing of property sale continued Operationally, the from RMI governed by for (jointly RMI) earnings Conservancy Land Windstar the from —$4.20 million over the previous fiscal year’s end. fiscal previous over the million —$4.20

McCullough and Windstar images copyright RMI. Pitkin County and Aspen Valley Land Trust, will continue to monitor care of the land. land. of the to monitor care continue Valley Aspen Trust, and Land will County Pitkin easement’s the beneficiaries, and dissolved WLC has area. conserved to the public access development 957 from 927 provides of acres the and forever preserves that property the on easement placed a conservation entities The three health. ecological itrestore to full (WLC), steward and and land to hold to the Conservancy title Land nonprofit, Windstar anew Foundation created now-dissolved Windstar the and for located RMI 20 years. been 1996 Colorado, in where its Snowmass, and interest has percent a 50 office had purchased In WINDSTAR PROPERTY at www.rmi.org/staff.You’ll details find backgrounds. start-up and academic, military, nonprofit, government, business, across from us joining new accomplished hires and ever, as deeply strong experienced as with of 11. is team diverse for increase anet Our individuals, talented 29 exceptionally hired 2013. year fiscal RMI during growth robust we experienced measure Byimpact. that RMI’s STAFFING UP April 2013, RMI received proceeds from the sale of the Windstar property, in which it property, which in Windstar of the sale the 2013, from April proceeds received RMI team is critical to our success in scaling scaling in success to our critical is team MAP Fellows from Stanford University. Fellows Stanford MAP from Fund, and Internship Memorial Konheim Eric Endowment, the Internship Memorial Semmer Austin Phillip the universities, Colorado from students Foundation with University, Duke with Argosy Stanback or endowed sponsored Alice by Fred and internships to our leaders, thanks future enthusiastic ofand bright group amazing an hosted we year again once well. This role as supporting played acrucial Interns 25

Financials FINANCIALS

OPERATING EXPENSES BALANCE SHEET—AUDITED (% OF TOTAL OPERATING EXPENSES) (THOUSANDS OF CURRENT DOLLARS)

ASSETS 6/30/2013 6/30/2012 6/30/2011 EXPENSES (thousands of dollars) 0.5% 12.1% CASH & MARKETABLE SECURITIES 621 929 2,544 PROGRAM $9,602 79.2% 8.2% SERVICES CAPITAL RESERVE FUND 7,752 4,344 4,669 FUNDRAISING 1,465 12.1% GRANTS ESCROW FUND 1,619 1,594 1,588 MANAGEMENT & 995 8.2% GENERAL ACCOUNTS RECEIVABLE 455 588 248

FACILITIES 54 0.5% GRANTS & PLEDGES RECEIVABLE 300 324 —

79.2% TOTAL EXPENSES $12,116 INVENTORY 2 12 1 PROPERTY & EQUIPMENT (NET) 1,663 1,626 1,494 PROGRAM MANAGEMENT ASSETS RESTRICTED FOR SERVICES & GENERAL 802 708 747 ENDOWMENT FUNDRAISING FACILITIES OTHER ASSETS 261 155 233

TOTAL ASSETS $13,475 $10,280 $11,524

OPERATING REVENUES (% OF TOTAL OPERATING REVENUES) LIABILITIES AND NET ASSETS

6/30/2013 6/30/2012 6/30/2011

ACCOUNTS PAYABLE 270 265 157 0.8% REVENUE (thousands of dollars) COMPENSATED ABSENCES 185 204 228 CONTRIBUTIONS & $13,894 84.5% 14.3% GRANTS 0.4% ACCRUED PAYROLL 247 231 238 Financials COLLABORATION 2,347 14.3% OTHER ACCRUED EXPENSES 865 783 949 IN-KIND 135 0.8% DONATIONS CURRENT PORTION - LIABILITIES 78 120 230

OTHER REVENUE 73 0.4% LINE OF CREDIT – 750 –

TOTAL REVENUE $16,449 TOTAL CURRENT LIABILITIES 1,645 2,353 1,802 84.5% LONG-TERM LIABILITES 68 367 380 CONTRIBUTIONS IN KIND & GRANTS DONATIONS TOTAL LIABILITIES 1,713 2,720 2,182

COLLABORATION OTHER REVENUE NET ASSETS 11,762 7,560 9,342

TOTAL LIABILITIES AND NET ASSETS $13,475 $10,280 $11,524

27 STATEMENT OF ACTIVITIES—AUDITED (THOUSANDS OF CURRENT DOLLARS, GAAP BASIS)

OPERATING REVENUE AND SUPPORT NON-OPERATING REVENUE

12 % OF 12 % OF 12 % OF 12 % OF 12 % OF 12 % OF MONTHS OPERATING MONTHS OPERATING MONTHS OPERATING MONTHS OPERATING MONTHS OPERATING MONTHS OPERATING ENDING REVENUE ENDING REVENUE ENDING REVENUE ENDING ENDING ENDING 6/30/13 6/30/12 6/30/11 6/30/13 REVENUE 6/30/12 REVENUE 6/30/11 REVENUE

GAIN/(LOSS) ON COLLABORATION 2,347 14.3% 2,730 26.6% 1,991 15.7% – 0.0% – 0.0% – 0.0% SALE OF ASSETS

FOUNDATION & GAIN/(LOSS) GOVERNMENT 2,149 13.1% 2,706 26.4% 1,925 15.2% ON SALE OF 258 1.6% (428) –4.2% 295 2.3% GRANTS INVESTMENTS

INVESTMENT INDIVIDUAL & 135 0.8% 66 0.6% 116 0.9% CORPORATE 11,746 71.4% 4,617 45.1% 8,561 67.5% INCOME CONTRIBUTIONS GAIN/(LOSS) ON OTHER – 0.0% – 0.0% (109) –0.9% PUBLISHING INVESTMENTS & ROYALTY 40 0.2% 28 0.3% 5 0.0% REVENUE TOTAL NON- OPERATING $393 2.4% $(362) –3.5% $301 2.4% CONTRIBUTED INCOME FACILITIES/IN- 135 0.8% 135 1.3% 135 1.1% KIND DONATIONS NON-OPERATING EXPENSES OTHER REVENUE 32 0.2% 28 0.3% 76 0.6% 12 % OF 12 % OF 12 % OF MONTHS OPERATING MONTHS OPERATING MONTHS OPERATING TOTAL OPERATING ENDING REVENUE ENDING REVENUE ENDING REVENUE REVENUES & $16,449 100.0% $10,244 100.0% $12,693 100.0% 6/30/13 6/30/12 6/30/11 SUPPORT DEPRECIATION 282 1.7% 280 2.7% 303 2.4%

OPERATING EXPENSES FACILITIES 135 0.8% 135 1.3% 135 1.1% CONTRIBUTED 12 % OF 12 % OF 12 % OF EXPENSE MONTHS OPERATING MONTHS OPERATING MONTHS OPERATING ENDING REVENUE ENDING REVENUE ENDING REVENUE INTEREST 107 0.7% 72 0.7% 35 0.3% 6/30/13 6/30/12 6/30/11 EXPENSE

PROGRAM TOTAL NON- 9,602 58.4% 8,639 84.3% 8,288 65.3% Financials SERVICES OPERATING $524 3.2% $487 4.8% $473 3.7% EXPENSES

EXPENSES ON CHANGE IN NET 54 0.3% 57 0.6% 68 0.5% – BEHALF OF WLC ASSETS $4,202 25.5% $(1,782) 17.4% $1,657 13.1%

MANAGEMENT 995 6.0% 1,245 12.2% 1,372 10.8% & GENERAL

FUNDRAISING 1,465 8.9% 1,236 12.1% 1,136 9.0%

TOTAL OPERATING EXPENSES $12,116 73.7% $11,177 109.1% $10,864 85.6%

OPERATING MARGIN $4,333 26.3% $(933) -9.1% $1,829 100.0%

29 understanding of the global energy issues RMI works to solve. RMI held leadership positions issues Jules has energy global of the understanding Roadmap 2050 Foundation, whose Climate European CEO of the founding the As search. international a wide after RMI’s toas welcome officer executive Jules Kortenhorst new chief fortunate very We also are economy,a larger outcome effort. was an of that supporting by 2050while U.S. energy nuclear and the to get plan coal, profitably oil, off business-led Fire renewables. and Reinventing on efficiency era based a new energy towards nation the to help shift focus Under its programmatic Michael’s leadership, sharpened RMI aTrustee. as years previous two and CEO of RMI as years six down after Potts, stepped who has to Michael of everyone at RMI on behalf thanks my we Iextend year As next sincere move the into OF TRUSTEES OF CHAIR OF THE BOARD FROM THELETTER Reinventing Fire to Reinventing analogue European the is Chair of the Board of Trustees Board of the Chair Tom Dinwoodie future. secure and prosperous, to aclean, to shift help and lead the vision its ambitious world.the proud realize is of to help Trustees The Board RMI around impact greater up to create scale projects its days as ahead exciting has to Work.” place to work, agreat RMI work. do Not but is great we only RMI also Magazine when Outside year this was highlighted individuals, those to cultivating commitment strong equally its and team, employees RMI passionate up the other who make the Jules and by evidenced as individuals, most talented the RMI’s to hiring commitment accelerate nation’s and our world’sRMI the and transition. energy of impact about Jules’s the to scale enthusiastic Iam ability fuels. fossil use that sectors four all across initiatives RMI’s market-driven on implementing focus nonprofit and work, complementing industry,government, entrepreneurism, spans background his and sectors, business and energy the both across named RMI in its 2013 its in of “100 RMI list Places named Best , Jules brings significant experience and and experience significant , Jules brings , RMI’s bold and ambitious

Dinwoodie image copyright RMI. Denver Art Museum. Museum. Denver Art Director, Museum. Art graduate Former Aspen Director, students. Executive to Harvard classes responsibility (Class (Harvard). Marshal) mgt. environmental envtl. and Teaches social corporate Farver Suzanne of 11 novels. Judith Barnard, contemporary Center; wife, co-author, with Ltd.; President, Founder former companies; Alphametrics, aerospace and VP, Science Aspen manager, various project and engineer optical and Lab,Hydrodynamics U. Chicago; mechanical Michael Fain patents. of PowerLight, supplier global of photovoltaicChairman 30 Over aleading systems. and products Founder CTO, and SunPower Systems. Corporation CEO and Founder former and architecture. Berkeley) (U. MA California engineering, (MIT) MS mechanical engineering, structural Dinwoodie Thomas Foundation. Family Slow Moneyorganizer, investor. Caulkins Director, Mary Caulkins Institute. Pacific Director, Scientists. Japan. Trustee, Union The Foundation. Member, of Board, Ayrshire Concerned Advisory National U.S. widely in and exhibited painting, art fine Artist, firm. construction residential design-build Boyer Peter of Information. Berkeley School California U. and Science Information and Computing Cornell Board, Advisory Executive of Design. Center College software). Art Director, entertainment and engineering, 3Dleader design, in Bass Carl Academy,Burton President, School; The Moonbox Farm Productions. Center for Cambridge Adult Farms, and Education, of Trustee Burr Shelburne Veterinarian. Altshuler Sharman Alliance. Technology Clean Washington Development Director, Economic Chair, Board Council; firm. services facility energy, and construction, engineering, $0.7-billion innovative Seattle-based an of McKinstry, Allen David publications. patents Numerous and Robotics. FIRST Corporation; Vice Chair Scientific Boston retired, Vermont. Abele, Shelburne, John BA (Amherst) physics &philosophy. Chairman, Founding BOARD OF TRUSTEES OF BOARD MOUNTAINROCKY INSTITUTE’S , Berkeley, California. BA, Berkeley, (Cornell) CEO, California. mathematics. Autodesk (the global $2.2-billion , San Francisco, California. BA Former owner, State) studies. (San Francisco American California. Francisco, , San , Seattle, Washington. BA (U. Washington) accounting. Principal and Executive VP BA VP Executive Washington. and (U., Seattle, Principal Washington) accounting. , Aspen, Colorado., Aspen, BA director, (U. &geology. Chicago) Engineering humanities , Denver, Colorado. BA College). (Pitzer of MOFGA, Member Rising Billion One , Woody Colorado. Creek, BA ΦBK; (Grinnell) economics (U. JD Denver); ALM , Cambridge, Massachusetts. BA (U., Cambridge, Vermont), Massachusetts. (U. VMD Pennsylvania). , Chair of the Board of Trustees, RMI, Richmond, California. BS (Cornell) California. Richmond, of RMI, Trustees, Board of the , Chair 31

Trustees & Donors ROCKY MOUNTAIN INSTITUTE’S

BOARD OF TRUSTEES RMI Awarded (CONTINUED) €900,000 ($1,141,625)

Arjun Gupta, Aspen, Colorado, and San Francisco, California. BA (St. Stephen’s College) by Dutch Postcode Lottery economics, BS & MS (Washington State), computer science ΦBK, MBA (Stanford). Chief believer, TeleSoft Partners. Oversaw investing in and helped build 61 companies. Former McKinsey RMI was honored this year to receive its fifth annual grant from the Dutch Postcode Lottery consultant. Corporate boards. Aspen Institute Trustee. (Nationale Postcode Loterij). The Lottery presented this generous award at its annual Goed Geld (“Good Money”) Gala in February 2013 at Amsterdam’s Concertgebouw, which is Kristina M. Johnson, Washington, D.C. BS, MSEE, PhD (Stanford) electrical engineering. U.S. celebrating its 125th year. President Clinton, who initially introduced RMI to the leadership Under Secretary of Energy 2009–10. Previously Provost & SVP, Johns Hopkins University, Dean of the Lottery, spoke to the event’s 1,200 representatives of the Lottery’s many beneficiaries. of Engineering, Duke University. Winner, 2008 Fritz Medal Award and Washington Award. Numerous publications, 129 patents. Director, Cisco Systems, AES Corporation, and Boston Since 1989, the Dutch Postcode Lottery has been raising funds to support organizations Scientific. working for a fairer, greener world. The Lottery has grown to become the Netherlands’ biggest charity lottery and the world’s third-largest private funder, and has given almost €4 billion to Amory B. Lovins, Snowmass, Colorado. Cofounder, Chief Scientist, Chairman Emeritus of RMI. human and environmental causes since its founding. At its 2013 Gala, the Lottery awarded a MA (Oxon. Spec. Resoln.), 12 doctorates h.c. Hon. AIA, FRSA, Swedish engineering academician. record €291 million. RMI is honored to be a beneficiary and partner of the Postcode Lottery, along with 88 other charitable organizations from around the world. Funding from the Dutch Physicist, consultant, 31 books, 490 papers, numerous awards, ten visiting chairs (most recently Postcode Lottery is instrumental in carrying out RMI’s mission significantly expanding our Stanford Engineering School and Naval Postgraduate School). reach and deepening our impact.

Reuben Munger, Boulder, Colorado. BA politics and economics, BS business administration mcl (Washington and Lee U.). Founder & Managing Partner, Vision Ridge Partners LLC. Former Cofounder and CEO, Bright Automotive, and Managing Director, The Baupost Group LLC, a $25-billion investment firm. RMI LEGACY SOCIETY Martha C. Pickett, Snowmass, Colorado. Exec. Dir. & Gen. Counsel of RMI. BA (Guilford), MCDP (College of Architecture & Planning, CU Denver), JD (U. Denver). President, Windstar Land The RMI Legacy Society was formed to honor those individuals who remember Rocky Mountain Conservancy. Advisory Board, Catawba College’s Center for the Environment. Advisory Board, Institute with their gift of a bequest or other planned gift in their will or estate plan. People & Planet Positive, IKEA. Jury, Dutch Postcode Lottery’s Green Challenge prize. Esther & Francis Bligh Bruce Hathaway & Karen Deborah Reich Sagstetter Chris Sawyer, Atlanta, Georgia. BA (UNC), MDiv (Yale), JD (Duke). Partner, Alston & Bird. Diana Beuttas Mark & Judith Schaffer Margaret & Charles Hollowell Former Chairman, Trust for Public Land. Chairman, Chattahoochee River Coordinating Kathie K. Brown Joan Semmer Joanne E. Horton Committee. Director, EDAW and Industrial Developments International. Chairman, Board of Joanne & Michael Caffrey Joel Shapiro Stanton Klose Advisors, Yale Divinity School. Jonathan Peretz Chance Jane Sharp-MacRae Erika Leaf Anne Cooke Sally Dudley & Charles Sieloff Ted White, Denver, Colorado. BA (Yale), JD (NYU). Name Partner, Moye White LLP (law firm), Marge Wurgel & Keith Carol G. Dano Etel & Joseph B. Thomas, IV Managing Partner, Fahr LLC (climate and energy operations of Tom Steyer). Founding Managing Mesecher Richard Ford Raymond D. Watts Director, Estabrook Funds. Chairman, Boettcher Foundation. Author, Drafting Business David Muckenhirn Cheri A. Glaser Susan Weber Contracts. James M. & Louise Wilson Kay C. Haines Noyes T. Walley Williams John & Marcia Harter Ann Pruitt Anonymous (17)

33 Trustees & Donors CONTRIBUTIONS TO RMI BETWEEN 1 JULY 2012 AND 30 JUNE 2013

HEROES The Estate of Jane Sharp INTEGRATORS OPTIMIZERS Yiwen Wang JoLynn Long MacRae $1,000,000 and above $5,000–9,999 $1,500–4,999 John & Marcia Donnell Liza Loop Anonymous (2) The Estate of Esther & Francis Jeffrey Abramson Ann Acheson & Dennis Drive Current, Inc. Glenn Lyons & Nancy Gerdt Bligh LeMond PIONEERS Madhav Acharya Charles & Chase Ewald Robert & Margaret Marshall Dutch/Nationale Postcode The Acorn Foundation, Ralph $10,000–24,999 Paul M. Anderson Foundation The Fackert Family Lou & Betsy Matlack Loterij Wanger & Leah Zell Wanger Ray C. Anderson Foundation, Anonymous Fund at Aspen Michael Fain & Judith Barnard Bert J. Maxon Alice & Fred Stanback Peter & Patricia Adler Community Foundation Inc. Fanwood Foundation McBride Family & Aspen Anonymous Fund at the Denver Anonymous Charitable Trust Arches Foundation, Sara Business Center Foundation VISIONARIES Foundation Beth & Robert Fergus Ransford $100,000–999,999 Arntz Family Foundation Geraldine & Donald Joel Appel The Firefly Trust, the Carter & Jim Aresty McLauchlan Rachel & Adam Albright David & Patricia Atkinson Joan B. Norris Family Apple Gifts Matching Program Argosy Foundation Charles P. McQuaid Ayrshire Foundation Carl & Daryl Bass Angela & Jeremy Foster Brian & Valerie Arbogast Yvon & Malinda Chouinard Steven & Lauren Meyers Peter Boyer & Terry Gamble Markell Brooks Gregory A. Fowler & Julie B. Tomakin Archambault Boyer Loring & Louise Conant Lovins Irene G. Miller Judith & C. Frederick Buechner Richard & Joanne Barsanti Dinwoodie-Meservey Family The Geraldine R. Dodge Thomas Gabbard Nicole Miller & Kim Taipale Carolyn Foundation Foundation, Robert & Elaine Richard & Debra Barth Mac & Leslie McQuown Gannett Foundation Money/Arenz Foundation, Inc. David I. Caulkins LeBuhn Barbara Bell Reuben & Melinda Munger Jared & Cindi Gellert Phillip Mulligan & Susan John N. Caulkins Randy Essex & Angelyn Mac Bell Holdrege Morse The Estate of Deborah Reich Frankenberg John B. Gilpin Mary Caulkins & Karl Kister Loren Blackford Brad & Ineke Mushovic Evan Williams & Sara Morishige Suzanne Farver & Clint P. Van Rolf & Julie Goetze EarthShare Pamela & John Blackford Judith & Werner Neuman Williams Zee Randy Goldstein Sandra Pierson Endy Kathy & Bjorn Borgen Wally Obermeyer Anonymous Mr. & Mrs. Thomas L. Friedman Susan & William Green Energy Future Holdings, Ralph Joyce Goodman William F. Brady Chris Quartetti & Yih Ling Liu PATHFINDERS Cavanagh Robert M. Hadley John & Marcia Harter Willard B. Brown Joseph & Xiaomei Li Reckford $50,000–99,999 Jeremiah Fass Ned & Libby Harvey Fund of the Triangle Gloria & Bennie Hildebrand Jackie & John Bucksbaum Arjun Gupta John H.N. Fisher & Jennifer Sue & Bob Helm Community Foundation Caldwell Beth Hinnen Joan & Michael Busko Mr. Robert T. Haines & Mrs. Numa & Emily Hero Resource Engineering Group, Ames Byrd Kathryn C. Haines John & Elaine French Harold & Elizabeth Janeway Jeff Hoel Inc., Dave Houghton & August Connie & Jim Calaway Hasz Gary Rieschel The J.M. Kaplan Fund, Richard Richard & Marianne Kipper Logan Hurst & Nancy Reynolds Kaplan & Edwina Sandys Alison Carlson Dr. Richard G. Rockefeller Schmidt Family Foundation B Brand Konheim Charitable Robert Hutchinson Amory & Judy Hill Lovins Trust, in memory of Eric Carolina Solar Energy II, Paul D. Rudnick The Flora L. Thornton Charles N. Jaffee & Marvina Konheim Richard Harkrader Foundation David & Laurie Wyly Matthews Lepianka Peter Rumsey & Anna Bud & Colleen Konheim Penney & Dennis Carruth Edmonson Wiancko Charitable Foundation The Alice Pack Melly & L. Michael & Chantal Jennings Thomas Melly Foundation Alexander & Lynn Lindsey Carson Irving Punt Trust David & Lisa Schiff Jack & Suzy Wadsworth Michael Johnston The Moses Feldman Family National Geographic Society, Gordon & Carole Segal Anonymous Eleanor Caulkins Foundation Mission Programs Kane Family Foundation Charles & Marabeth Causey Bob & Meryl Selig INNOVATORS Pacific Gas & Electric Company Willard & Katharine Overlock Michael & Laura Kaplan Jeffrey S. Chase Sensortech Services LLC, Kelly $25,000–49,999 Rockefeller Family & Associates Marty Pickett & Edgell Pyles Inga & Nicholas J. Karolides O’Brien & Martha Watson Thomas & Noel Congdon Charles Babbs Jeff Tannenbaum & Nisa Geller Michael & Gwenn Potts Helen J. Kessler Adele & John Simmons, Darren & Julie Cooke Norwottock Charitable Trust The Bunting Family Foundation Chris & Lela Wadsworth B.T. Rocca, Jr. Foundation Deepak & Raewyn Khosla Kip & Hilary Crosby Singing Field Foundation Caulkins Family Foundation Estate of Raymond D. Watts Robert & Leslie Speidel Sue Klem Tom & Cathy Crum James & Linda Smedinghoff Craigslist Charitable Fund Windstar Land Conservancy The Walton Family Foundation, Paul Klingenstein & Kathleen Lisa & Dan Culhane Inc. Bole, in honor of Peter Boyer Srinija Srinivasan Johnson Controls, Inc. Sue & Jim Woolsey Lois-ellin Datta Judd Williams & Anne John Langhus Anne M. Stoddard MAP Margaret & Martin Zankel Bonaparte Martha H. Davis Peter Laundy & Shirley Dugdale Thomas H. Stoner, Jr. Rudy & Alice Ramsey Anonymous (2) T. Walley Williams, III Susan & Francois de Saint Laundy Foundation John R. Teerlink Phalle Anonymous (2) Charles W. Lemke Laura Tiberti Delta Electronics Foundation, Roger & Florence Liddell

35 Trustees & Donors CONTRIBUTIONS TO RMI BETWEEN 1 JULY 2012 AND 30 JUNE 2013

Edwin Tinsley Mr. Christopher Rea Donahue Reese Holser McMurray Vera C. Pratt Anna Wils Marcia Angle & Mark Trustin Bernice & Loyal Durand Carol & Mike Hundert Luke Mcguire Rebecca R. Pritchard David & Melody Wilder Wilson Paul & Elena Westbrook Jacqueline Earle-Cruickshanks Stephanie & Harry Hunt Lee Melly & Trish Klahr Jinny Provencher Peter & Janice Wizinowich Anonymous (9) Gordon Eatman ImportantGifts, Inc. Michael Willoughby & Martha Records & Hunter Wolcott & Associates, LTD. Richard Rainaldi Rita Jenkins-Wolcott Niko Elmaleh Sudhanshu & Lori Jain STEWARDS Microsoft Matching Gifts Jonathan & Meg Ratner Yahoo! Matching Gifts Program $500–1,499 Eric Enderton The Jebediah Foundation, Daniel & Joan Amory Program/Giving Campaign Brittanie Rockhill David Zeller & Mary Stephanos Energy Opportunities, Inc., Stanley & Hope Adelstein Marcus Sheffer Karen Jenne William C. Miller, IV Gray & Mollie Rogers Anonymous (9) John Allbar Mark Falcone & Ellen Bruss Dennis & Marsha Haner James Mitchell John Roth Dr. Vincent James Argiro Johnson $250-499 Jim Flanders Doug Monas Chris Sawyer & Dave & Diane Argo Anne M. Jones Julia Ferguson Sawyer Greg & Jane Fletcher Sue & William Morrill Tom Anderson and Joan Abrahamson & Mark E. Jones & Erin O’Driscoll Robert Schmanski Nancy Conger Dean Flugstad Chris Moser & Lennie Moeller Jonathan Aronson Ruth Kapes Susan & Ford Schumann Peter Andreyuk Tim Flynn Werner & Helen Tyson Muller, Autodesk Matching Gifts Peter W. Keller in memory of Frances K. Tyson Beth & Gary Schwarzman Michael Atkins Program - USA Joe & Rita Foss Jean Kindleberger David Munk Joyce & Paul Schwer Franz Baumann John W. & Dianna Lopez Steven M. & Nancy Fox Michael & Colleen Kunkel Mr. & Mrs. F. Joseph Murphy Steve S. Scott Douglas and Maria Bayer Barnett Jim & Karen Frank Brian Kurzel & Sasha Gubser Bruce Naegel, in honor of Richard Seifert Daniel M. Blankstein Donna & W. Reese Baxter Karen Freedman & Roger Constance Roberts Tina Blatter Kathy & Chris Berg Weisberg Giuseppe La Manna Jason Sell Jill Nelson & Thomas Bidell Ronald and Margaret Brand Larry & Kathryn Berkbigler Stephen Frizell Peter & Fawn Landrum Joan Semmer Tom & Fay Nelson Matthew Bressler Stephen W. Biegel & Patricia Chris Georgen Timothy Large Serendipity Charitable Gift David Newberger Fund Papovitch Marian & August Gerecke, Jr. Carola B. Lea James Brew Scott D. Newman Mark Smith Ben & Anne Binger Sandy Gold Erika Leaf & Jules and Patricia Burgevin Christopher Meeker Ginna Newton William W. Smith James A. Boorstein & Myra & Drew Goodman Brian P. Canfield Melissa Chaney Henry & Audrey Levin David & Michelle Norris John Sofro Mark & Mary Gould Darin Carei Marilyn & Allan Brown Julie Levine Northwest Energy Efficiency Barry D. Solomon & Patricia Bob Graham Colin Carnahan Council Gotschalk Jeffrey R. Brune Jan Levitan & Jerry Greenfield & Elizabeth John Chapman Susanne Bush Melissa Olds Levitan Abby & George D. O’Neill Emma Stewart Skarie David Church Barbara Butler Ms. Toby Devan Lewis George & Sandra Ochs Porter & Gail Storey Deborah & Louis Greenspan Nancy A. Conrad Elizabeth W. Cady David & Malia Litman Patricia & John Olds Charles & Cathie Sundry Margot & Richard Hampleman Ewen Coxworth Linda D. Campbell Steven Lober Ken & Jill Olstad Derek & Charlotte Supple Mark Handschy CREDO Maxwell & Ramey Caulkins Roger & Norbie Longman Prof. Richard L. Ottinger TeamEstrogen.com James Hansen d’Almeida Charitable Trust Todd Ciaravino, Lisa & Jonathan A. Lucas Tadd Ottman Elizabeth & Michael Thele Jordan & Connie Heiman The Nick DeWolf Foundation in honor of Eric Konheim Frances & Robert F. Ludwig Robert F. Paashaus H. Virginia Thompson Roberta A. Heisterkamp, in Maggie DeWolf Carole & Peter Clum memory of Ewan Fletcher Joanne & Lee Lyon Christina Page & Jennifer Mayer Ron & Donna Thompson Grant Dougans Clay Coleman Joe Henry, in honor of Amory Jeff Magnin James G. & Joan Palmer Anne & Bardyl Tirana Mark Dow Lovins Anne Cooke Thomas Marcyes Theodore Papalexopoulos Brad Tirpak Scot and Patricia Higgins Reese Henry Tommy Cornett Siri & Bob Marshall Zachary Patterson Michael P. Totten & Jill Lancelot Amy Claire Edmondson Tracy & Dick Hirrel, in honor of Michael P. Corning Ann Mason Pete Peacock Beth & W. Henry Tucker Peter Boyer Elgan Edwards Mike & Mary Curzan Matching Gift Center Richard L. Pearlstone Maureen Walker & Alan Folz John Hirschi Lawrence Eldridge Julie & John S. Daniel, Jr. Mattson Family Conservation Nicola Peill-Moelter Thomas Warren Nancy Hirshberg Paul Elias and Marie Lossky Foundation Ann N. Dawson Gerald & Kathleen Peters Daniel H. Webb Angela & Henry Hite James Ellingson John Maxwell Rosamond A. Dean PG&E Foundation Rom & Pamela Welborn The H. Family Fund at the Peter Erickson Harold Dilbeck Joel & Jean McCormack Rick Powell & Rita Ayyanger Boston Foundation Fred Westergaard Gary Evenson Ed McCullough & Patty Powers Global Strategies, LLC Elizabeth and Mohammed 37 Trustees & Donors CONTRIBUTIONS TO RMI BETWEEN 1 JULY 2012 AND 30 JUNE 2013

Fadali Anjaneyulu Krothapalli Evelyn Thornton Teresa and Don K. Barth Nancy and Harry Byrd Dr. Joseph Di Dio and Mrs. Johanna Fausto Di Dio W. Michael Fagen Lorene T. Kuimelis Gary J. Tuthill Robert Bashor Judith Byrns and Joe Bergquist Kevin Dickson The Fair Share Fund Cynthia Lamb UMB Bank, N.A. Mary Louise and Joseph Bates CA Technologies Matching Gifts Program Kurt Dieringer Danny and Lori Feig-Sandoval Jacob and Candace Lebowitz Heidi Wade Jonathan Baty Sally and Tom Cahill Richard K. Donahue First National Bank of Henry and Nancy Lowe Mr. and Mrs. James V. Walzel Thomas and Mona Bayard Hutchinson Cole and Mary Carlson Marjorie Thompson Duck Allen and Geraldine Macomber Walter Wardrop Michael Behrendt and Ivan FirstBank Incentive Fund Cassar Joan and Rob Carne Simms Duncan Kevin Markey and Elaine Warner J.M. Forbes & Co. LLP Candice Miller Bernadette Bell and Kenneth Kristin Carter Dunn Foundation Patricia and Robert Waterston Wachter Jon and Julie Fox-Rubin William Mathison Christel L. Casjens Katheryn and Brad Dunn Susan Weber Michael Bendewald Ellen Franconi Rex Mayers Mark Chadwick Roderick Dunnett Rogers and Julie Weed Jeanie and Francis L. Bengtson Pam Franks Craig A. Melby Annie Chappell Michael and Angela Earnhardt Rick and Wendy Weeks Ann Berdy Joe Frantz Paul R. Mendelsohn Norene and Thomas W. Chase eBay Matching Gifts Program Christine Weir Edward E. Berg Mark Friedman Gail and Andy Meyer Steve and Molly Child Zulah Eckert Lynda and Doug Weiser Paul and Carole Bergquist Dan Gabbay Camille Minogue and Dan Albert Christensen Ms. Martina Eder Timothy White Young Jeff Bernstein and Jean Stevens Katy and Paul Gerke John W. and Patricia Mrs. Charles B. Edison Margot S. and Scott D. Wilcox Morgan Stanley Smith Barney Barbara and Geoffrey Christensen David and Melinda Gladstone Jon Edwards Global Impact Funding Trust, John Winer Berresford Ronald Christenson Victoria Gordon and Robert Inc George Ehrhardt Lincoln Wolfenstein Carol and Robert W. Bertrand Bradley Ms. Anne K. Clare Carol and Richard Neslund Kevin J. Eigel and Marcia Miller Barry Yatt John and Claire Bertucci Matthew Grace John Clarke NVIDIA Corporation Employee Elyse Elliott and Gabriel Zimmerman Diana Beuttas Linda and Tom Gray Giving Program Brian and Alison Clew Jeremy Bernstein Anonymous (4) David Birr Lumina Greenway Elise M. O’Shaughnessy John B. Cobb, Jr. Bill and Carol Emerson Benton Bledsoe Sadja Greenwood George Ochs $100-249 Mary Cochetti Engineered Equipment Jim, Regina and Becky Bock Integration Brent Groce and Donna Cordner Marsha Oldakowski John and Marcia Addison Bill C. Coleman Joan and Kevin Bockman Mark and Catherine Erickson Sarah Groves Mark and Diane Parnes Art Aldag Anita and Taylor Collings Stewart Bolinger Diane C. Eskew Eldon Haines and Linda Rose Robert J. Patchen Dan Alpert Joseph and Sally Conklin Barbara Brahm and David Alen Joann and Stephen Estabrook Christopher and Sherrie Hall Holly Pence and Elliot Zais Paul and Joanne Coons Richard Ames Wexstein Craig Etchison David Hall Andrew Posner Kathleen Corcoran Anita and Keith Anderson Renata and Gary J. Brand Mr. and Mrs. Donald Etnier Bruce Hanson John Pound Janet and William Cordua Thomas and Tamia Anderson Kevin and Maurya Brenneman Evan Evans Dave Hanson Diana Prechter and Kent Cole John and Susan Cottle Judith and Alan Appelbaum Scott A. Brenneman James Fallows Emily and Thomas Haslett Dan and Helen Quinn Jenifer Seal Cramer and Dave Lester M. Arguelles Richard R. Brigham and Sally E. Cramer Gregory Farmer Heidi Hat LLC Mary B. Ratcliff James and Kelton Arthur Stapp-Brigham Marion P. Culhane Brett and Carey Farmery Tom Henry and Sheila Dennis Barbara Reed, Ph.D. Nancy and John Artz Michal Ann Brimm Bill and Emily Dana Clayton and Kitty Farnham Dave and Linda Wilson Holt Louann and Robert Reilly Walter and Jill Auburn Douglas Brinkley Ted Davis and Kristin Kron Madeline Fazio Carolyn and John Holton Colleen Rodger Douglas and Carolyn Ayer Jerome Brown Stan Davison Christopher Fearnley Swanee Hunt Saint-Gobain Corporation Becky Ayres Rob Brown Foundation John P. de Neufville Joel and Ellen Fedder Margaret C. Ives James A. Babson Dr. Martin Buchheim Lorrie and Stephen Savage Asa de Roode Fred Fenstermaker John and Rusty Jaggers Sarah Bacon William Bumgarner and Barbara F. Schaetti Judith Gordon Jim DeCecco Vincent and Gillian Fernandes Linda and Peter Jeschofnig John W. Baird Pierre Deligne and Elena John Fielder Kathleen and Franz Reed Marnie C. Schaetti Elliot and Sara Burch Dan and Michelle Bakal Alexeeva Johnson Catherine R. Smith Shelley Burke and Al Nemoff Fran and Tom Fike Sundance Banks Ruth and Dennis Demmel Marileen and J. Donald Johnson Curt and Fleur Strand Louise and Thomas Burns James F. Finlay Bryce and Ann Bardin Mike Derzon and Robin Supplee Bill and Kay Jones Patricia Sullivan Stephen Burns Tom Fitton David Barker Design Group Architects Peter Joseph Joe Symons Donald L. Butler Mark Fleckenstein Ken Barnes Bower-Licher, Inc. Karen Florini 39 Trustees & Donors CONTRIBUTIONS TO RMI BETWEEN 1 JULY 2012 AND 30 JUNE 2013

Scott and Kathleen Foreman Kathryn Guest Eric W. Howland and Mark Kinney MacDonald John W. Osgood Julianna Shaull Alan Fortini-Campbell Stefano Guidotti Tobias and Summer Kircher James and Christina MacInnes Kenneth and Julie Ostrowski Robin and Michael Hoy Kari Foster Candice Guillaudeu Yuzo Kishida Martha Madsen Alfred Padula Dan Hubbard Tad and Melissa Foster Juan F. Gutierrez Gary Klein Patricia and Donald Malberg Edwin B. Parker John Huber Dr. Martha Frede H2Safe, LLC Bill Klenn Joshua Many Payne Family Foundation Mark J. Hubers Ron Freund Joshua L. Haacker Pete Knudsen Langdon Marsh David S. Payne Tom Hughes Rafael A. Friedmann Sally Haines and Tom Levy The Kreinberg Foundation Martha Rose Construction, Inc. Doug and Shirley Pearson Margaret and William Jan Gabin Karen and Kenneth Hannah Penelope Kreinberg Roger Mathews Chien Chung Pei Hummon Diane Gallagher Timothy and Margaret Hansen Travis Krick Eric Maurer Amy and John C. Peterson David W. Hunter Jane and Charles Gardiner Barbara Hardy Susan Krivin Jonathan and Mimi McBride Mr. and Mrs. Harry Phillips, III Thomas Hutchings Gardner Family Foundation Lawrie Harris Carl Kruse Boli Medappa Susan Phillips David Hyman and Barbara George and Elizabeth Gardner Mark and Debra Harris P. Reid Stephen Kunkel Janet G. Miller Edward Pierson Gerald Gardner Edward Hattyar Intergrated Environmental Lori and Mark C. LaCroix Barbara Mitchell and Steven and Alice Plotnick Robert Boyar John and Karen Gardner Gary Heine Restoration Services, Inc. Chuck and Penney Lakin Steve Pomerance Cynthia and Joseph G. Moffat Dr. and Mrs. Stuart Garry Philip Heinrich John Jacob Carey LaLiberte Jamie Ponce Mike Molesevich David and Susan Giffen Bruce and Susan Heitler Roseanne and Jordan Judith Landsberg Rudolph and Florence Popolizio Jacobsen James J. Morehead Robert Gilbert Benita Helseth Ace Lane Thomas Michael Power Erik Jansson Kevin J. Moriarity and Valerie Gilbert Margaret B. Henderson Whitfield Larrabee Howard and Sharon Pratt Eric and Thale Jarvis Lorraine Tompkins Mary and Mark Giorgetti Robby Henes Larson Design and Mark Pratt V. Joe Morice Mark Jenne Associates, Inc. Jay and Jean Glassman Philip M. Henry Debra Pressman George Mozurkewich David M. Johnson and Sara Brad Larson Robert Glover Gary Herwitz John and Ann Prosser Alaica Marilynne and Joris Mueller Laurel Larson Jay Goldin William Hewitt Al L. Pugsley, Jr. Vikki L. Johnson James P. Muldoon Ann Lawler Deborah Goldsmith Juliane Heyman Jason Purdy and Teal Silverstein Kurt and Diane Johnston David Munzenmaier Sandy Lawrence and Peter Gollon Eric M. Hiaasen Christopher R. Purvis Philip Jonat Barbara Schickler Ann P. Murray Nancy Goodman and Jim Bob Hiltner Leah and Darrell Quam Douglas Jones James and Joan Leary Carol and Matt Nasta Gutstadt Richard J. Hitchingham Nii-Akanu Quao Carol Judelson Armand LeGardeur Jay Naylor Goodwin Foundation, LLC Dr. Harry S. Hochheiser and Mark Raissen Mr. and Mrs. Jeffrey D.J. William Lemman Robert and Patricia Nemchik Richard C. Goodwin and Dr. Judith L. Yanowitz Kallenberg Peter and Helen Raudenbush Liz Atkins Mark Lentczner and John Richard Nerf Kathryn Hoenig and Doug Mike Kappus Horigan David Readerman Google Gift Matching Program Maynard Stephen and Robin Newberg Greg Kats Lori and Mark Leugers David Reckner Mike and Margie Gottscho Roger N. Hoffeditz Joseph and Vivien Newbold John Katzenberger and Robert and Nancy Ley Frances M. Rehwald Joel and Bonnie Neymark Peter Gould and Nora Doyle Jan Hoffmann Deborah M. Jones Bill and Jessie Lieshout David and Willa Reister John Nixon Robert Gray Robert and Laura Hoguet Kathleen and John Kauffman Ronald Lind Research Into Action, Inc. Noble Lane Foundation Doug and Peggy Graybeal James Holland Fred Kavli John P. Linderman Scott Reynolds John C. Norris Steve E. Greenberg Wendolyn Holland Sybil Kelly Line & Space Architects Lucille E. Rice Notable Plantings, Inc. Mr. and Mrs. Andrew J. Greene Steven Hollingsworth Janet and Jonathan Kempff Karin Link Robert and Myra Rich James M. and Joseph Greene and Nancy Flint Lynda Holup and David Revell Roger Kerr Greene Ann Lockhart and Edward Louise Wilson Noyes Cary Richman Jack Homer Michael Keter Crocker Alan and Fran Greenglass Ed Nystrom and Nancy and Sanford Richman John Hopple Alex Kim Chuck and Susie Longfield Robert H. Spence Bernard Greening Donna Richoux and Judith Horstmann Steve and Julie Kimball Dr. Robert Lord Patricia O’Connor Franklin Ross Ann C. Gregory Michele A. Houdek and The Charles & Esther Lee Linda Lorenz Rachel and Ryan O’Malley David and Thekla Richter Peter and Joanne Griesinger Douglas N. Koplow Kimerling Charitable Judith Lubershane Ellen Ormond Lisa M. Rideout and Michael J. Foundation Bill and Joyce Gruenberg Deborah and Fisher Howe Foley Douglas and Marjorie Patricia and Philip W. Osborne 41 Trustees & Donors CONTRIBUTIONS TO RMI BETWEEN 1 JULY 2012 AND 30 JUNE 2013

Linda L. Ritter Mike Simpson and Stuart Valentine Seyburn Zorthian Nelio Borges Ron Constable Katherine Brown Leonard Roark Jeff Van Ee Anonymous (5) Mr. and Mrs. Richard Bourne Luis Contreras Anne Marie Siu Yuan and Mr. Stacy Robson Frances Vaughan, Ph.D. and Kenneth Bowers Peter B. Cook Peter Bacchetti Roger Walsh, MD, PhD $50-99 Bob and Linda Rodriguez Dorothy and Richard C. Bradley Tod and Sharon Cooperman Dr. Glenn Skutt and Theodore Venners Robert Abbott Bill Roman Lesley Howard Bayard Breeding Max Couchman Linda and Charles Vidal William T. Achor Janice Romanosky Nancy and Bill Sluys Richard and Lola Brett Derek Cowburn Karen D. Vitelli Aiki Works Estelle and Steven J. Rose Mr. Cass Calder Smith David Bright David Crawford Donald Voigt Marty Ames and Steve Hach Martha Rose Mike and Jean Smith Derik Broekhoff and Marcia and Malcolm Crosbie Mary Wallace Alex and Jim Amonette Cathleen Kehs Brian Roth Margaret Snider G. Christian Crosby Cynthia Walter Ardmore Beautification Council Peter Bronski Landon and Charlotte Russell Curt and Michele Snyder Paul D’Amato and Beth Tom and Joyce Warfield Dolores Arond Karen Brown Cashdan Monica L. Russell Steve Snyder and Dr. Barbara H. Warren Aspen Thermo Consulting Andrew and Sue Browne Kenneth and Barbara Dahlberg Gary Sabula Jacuelyn Ellenz Laughing Water Robin and Clarence Baer, Jr. David and Mary Bugni Elizabeth and Norris Dale Yahya Sadowski and Marc Solomon Susanne Lane Thomas Spangler Waterbury Philanthropic Trust Diane Bailey Clark and Irene Bullard Steve Daniels Susan and Jim Sajo John D. Spengler Kevin A. Waterbury William and Laura Baldwin Alan and Sharon L. Burris Gillian Davies and Aaron Pailes Catherine Sandell Amy Springer Edward M. Weaver Kurt Ballash Michael C. Burtt Cecile and Lawrence Davino Tedd Saunders Nancy Spurry David L. Webb Joyce and Gerald Barker Gregory Busch Sallie and Stephen Davis Karin and Peter Savio Rebecca Stair Scott M. Weber Robert Barrett and Linda Julie and Peter Butler Anthony J. Del Gobbo Atkinson Janice and Dick Scar Andrew Stein Fred and Lauren Weed William and Helga Butler Penny and Ross DePaola Marjorie Bean PB Schechter Sarah and Craig Stockwell Scott A. Weicht Maria and Anthony T. Buzzoni Marilyn and Robert A. Karl and Barbara Becker Derrickson, Jr. Judith Schector Timothy Stoller William Westerbeck Peter and Elizabeth Cappas Robert and Terry Beggs Janver and Khaila Derrington Tamir Scheinok James A.F. Stoner Gerald R. Whitcomb Fritjof Capra Gregory Behm Chand Desai Jochen Schloesser Mark and Polly Strovink Ms. Annie White Debby Carapezza Mathias Bell Amy Dick Georg F. Schmidt Dorothy and Joseph Sulock Catherine White Victoria Carmona Laura and John Benedict Peter Dietrich Michael and Marilyn Schooling Ann and Roger Sweet David K. Whitney Gina Carola John Bennett Kris and John Ditson Deke Schultze Paulett Taggart Susan Wiesner and Phyllis Carosone-Link and Edward Smith Richard Berg Christopher Link David Docter Reid Schumacher Pete and Cheryl Tague Judson V. Wilder, Jr. Barbara and Joel Bickell Christian Carrico Katharine Dodge Bill and Alena Schwantes Cody Taylor Dale and Gretchen Will Mark J. Bigler Timothy Carrigan Sarah R. Donovan Norman Scott Yaniv and Nina Tepper Francy and Randy Williams Harold Bish, Jr. Robert Carter David C. Dorman Searl Magnetics Gerald Thomas Alex and Jerelyn Wilson Jennifer Bissell Kathryn Chamberlain and Carl Dorner Dick N. and Lupe Sears Richard Thomas George A. Browning, III Lynn and Joan Winter David G. Black, Jr. James and Rosemary Doyle Arthur Seidner Linda and John Thornton George Chase Roy and Tracy Wood Robert A. Black Dujardin Design Associates Daniel Seif Michael Tierney Richard Chase Susannah Wood Mary and Keith Blackmore Trudy Dujardin Seldom Paul and Robin Timmins Mark Cheley Susan D. Woolf Susan and David Blanc Trenton Duval Kath Sercu and Denis E. Body Norman Tjeltveit Taehyoung CHO Ms. Carol Woolfe William R. Blessing K.K. DuVivier and Lance Wright Suzanne Jean Shafer Margaret Torbert Gerard Christenhusz Laurie Yahr and Rich Kahl Oscar Bloch Jon Eakes Michael and Susan Shepard Regina and James R. Turrentine Peter and Marguerite Clark Yellow Wood Associates, Inc. A.B. Boe Dr. Milton Edgerton Susan and Warren Sheridan Adam Udell Sharmyn Clark Stephen Young Jacqueline Bogard and Douglas Anne and Paul Ehrlich Karin and Jim Shiel Charles R. Udell James Bell, Jr. Elizabeth Clodfelter Chris Yule Carol and Chris Eisenbeis Bruce Siegan United Way of Greater Nancy Bonomo and Peter The Clorox Company Philadelphia and Southern Debra and Peter J. Zauner Mary Ellsworth Joanne L. Siegel and Dillener Foundation Walter F. Thiem New Jersey John S. Zinner Thomas L. Elmore Stephen J. Bonowski Robert and Diane Collier Charles Sieloff and Sally Dudley Jerry and Diana Unruh Stuart Zinner Matthew and Callie Emery Darryl and Diana Boom Ric Conner and Denise Attwood 43 Trustees & Donors CONTRIBUTIONS TO RMI BETWEEN 1 JULY 2012 AND 30 JUNE 2013

Christopher Esse Elaine D. Gray Cheryl and Mark A. Joseph Manchester Barbara and Kevin O’Reilly William Manning Mr. and Mrs. Warren Evans Green Mountain Coffee Harvey Kallick Jeremy and Wanda Manley David Oberbillig Ronald Rudolph Roasters, Inc. Lyla Fadali John E. Kassay Robert L. Manning Court Olson Gray Russell Dan and Ann Green Lorraine Fairmont Joshua Kay Don and Rochelle Johnson Oracle Corporation Matching Richard and Claudia Rys Dan Greenberg and Sara Mansfield Gifts Program Jeff and Kristin Feldman John W. Kehoe Sappo Hill Soapworks, LLC Weatherley Daniel Marcin Stuart Oskamp James and Renate Fernandez John and Linda Keleher Eaden Saw Daniel and Katharine Gregory L. Whit Marks Alice and Mark Palmer Aaron Fischbach Anthony Kennedy John M. Sawyer Roderick and Jane Groomes David and Susan Marsland Martin Panelo Tatiana and Julian Fischer James B. Kless Gene Schaefer Evan Gull Stephen and Marcia Martinson Louise and William Pape Debra and Charles Fleisher Stanton Klose Robin Schiller Joe Hackney John M. Matuszak Joel Papo Julie Ford Marla Knight-Dutille Joyce and David Schmoeger Charmaine and Kinard Haden Michael May and Kathryn Park Slope Food Coop Paul and Barbara Forste David Knoerr Jared Schneider Lena Hansen Kramer Pam and Thomas Parsons Forrest Forster Christopher Konger Judy Schomaker Aaron Hayden Ricky May Kim Pate Jeff Forward Dan Kozlovsky Betty Schwimmer and John and Dianne Hayden Robert D. and Virginia J. David Eugene Patnaude John Rubel Andrew Frank Jill Krebs McCallum Family Foundation Elizabeth B. Heepe Amy and Kent Patton Guenther Seidel Ken Frankel Nancy and Randolph O. Laatsch Robert McDowell Thomas and Colleen Jack and Linda Pearson Dhruva R. Sen Patricia Franz Heinemann Peter Lacoux and Mai Watts Matthew McFeely Margaret and Robert Sevier David Freemire Megan Henderson Virginia Lacy Marilyn McNabb David H. Penoyer, Jr. Michael Shader Ms. Margery Fridstein John Hickey Carol and Thomas Lamm Mary M. McPherson Steve Perry Joan and Charles A. Shapiro Judith and Louis Friedman Sarah Hincks William and Kathleen Lane Adam Meltzer Michael and Patricia Petelle Burnette and John Sheffield Tod Frolking Nancy and Clinton Hinman Beth and Witt Langstaff, Jr. Harvey Michaels Donna M. Petrangelo Craig Siegel Merrill K. Furlow David Hobson and Shari Katherine and Lee E. Larson John Mijer Jean Pletcher Wiseman John and Charlotte Silvester Mario Gatti Donald Lasell Douglas A. Miller Richard and Doris Prouty John Hoesterey JoAnn Simms Daniel Gebhardt Craig and Barbie Laughlin Peter Miller David and Ann Prugh Mary and Michael Holm Marianne Simon and Tom Dr. Murray Gell-Mann and Dick and Dianne Lee Kirk Mills William Ross Pumfrey Leamen Marcia Southwick William Holman Jonathan Lee Murray A. Milne Carolyn and Robert Purvis Sandy Simpson and Don Kendall and Karen Gerdes Samuel Holt Phyllis Leistikow Jamie Moir Davidson Nick Radonic Robert and Lianna Gilman Nevin House Maureen and Nick Lenssen Matthew Montemore Thomas M. Simpson James and Donna Ramsay Mr. Louis Ginsberg Kate Houston Richard Leonard Mardelle Moreno-Wilbur Joy Sleizer Gregg M. Raymond and Jamien Cheri Glaser Ann Howe David LePoire Philip Morse Jacobs Kathryn and Robert Sloan T. J. Glauthier and Brigid Richard Hruby George and Ann Levinger Ellen E. Moyer Justine and Greg Reed Nancy Milliken and Sergei O’Farrell Donald and Virginia Smirnoff, Jr. Ted Linnert Kevin and Maggie Mueller Kenneth Regelson Theresa and Ben Gleason Humphreys Leslie Ann Smith and Karen Little Cheryl and Dave Mulder Philip B. Reinhart Edwin C. Glickman Joann Hutton Alexander McGregor Eric Lloyd James and Esther Munger Charles and Jill Reiter Jack W.L. Goering Michael P. Hydro Marjorie Smith Dana Lobell Nancy Munro Jim Reynolds David and Sandra Goldman Tony Inskeep Ken Smith Michael Logghe NC Warn Chul Woo Rhee Nick Goldsmith Mel Jackson Alan Soule David Low Charles Near Spencer Rhine Lilly Goodman-Allwright and Burton Jaffe Roger Sparhawk and Susan Michael Allwright Mr. and Mrs. John Lundberg Herminia and Thomas R. Neet, Jr. David Rich Duppstadt Stephen Jelinek and Betsy Brandon and Mackenzie Lurie John Gorman Wisch Donald Newberry Cheryl Vallone Rigby Gregory and Gail Speer Bradfield and Judith M. Lyon Sonia Graber Fred Johnson Virginia and Rick Newton Niall Robinson Mary and James Spindler Bill and Ladjamaya Mahoney Leslie and Joni Grady Kristine Johnson and Jay Culver Daniel Nichols James K. and Paula A. Rogers David Spira William and Mary Makofske James and Bonnie Graham Paul Johnson Mark Nicklas Frederick and Louise Rosebrook Jan Stansell Catherine and David Kathryn and Gerard Grande Roger L. Johnson Walter and Dana Nixon Matthew Rosen Martin and Kathy Stern Gaye O’Callahan Martha Rounds and 45 Trustees & Donors CONTRIBUTIONS TO RMI BETWEEN 1 JULY 2012 AND 30 JUNE 2013

Eliza Stewart Gerald and Naomi Wasserburg Michael M. Barry Rick Castro Clinton Fein Don Hagen Ernest Stiltner Bonnie Lane Webber Thomas J. Barry Richard Cate David and Carolyn Fenn Cherie J. Hales Robert and Martha Stonerock James S. Weinberg and Mary Kathleen Basman Albert Chan Steven Fenster Paul Harris Beth Cysewski Byron and Nancy Stutzman Melanie Bautista Coreina Chan Michael Fessler Steven Harris Laurence Weinberg Sally and John T. Sullivan Shirley and Edward Behm Jonathan Chapman Avis and Jeff Fisher Donald Hartley and Ted Cope Marc Weininger Jeff Sutton Thomas Bejgrowicz April Christensen James Fitzpatrick Diane and John Hassett David Wendt Lisa and Richard Symons Kurt G. Benedict Dorothy Cinquemani Rich and Debby Flahaven Clifford Hathaway Jamie Wetherbe Gregory Tabat Melanie Bengtson Jerry Cleveland Will Flanders Hawaiian Legacy Hardwoods Jerry and Jean White Judith A. Tandy Ruben Bernardino Karen Close Charles E. Ford and Elaine Katz Robert Hawes Richard E. White Karen Costello Tanner Christopher Berry and Buffy Rebecca Cole Gloria Foster Elizabeth Healy Hans Widmer Andrews Molly and William Tee Claire Coleman Kenneth R. Fox Adair and Carol Heath Cynthia and George Willauer George and Nancy Bissell Eric Thacher Bill Collins Scott Frazier Garvin Heath John K. Williams Chuck Blair Mark and Moira Thielking Cathleen Connor Steven Gage Rennie Heath Jonathan Windsor Bill and Maria Blomberg Steve Thilker Eric Cornetta Annette and Frank X. Gallagher Ken Henry Robert H. Winger, Jr. and Gene Bloom Beth and Rich William Cronon Susan J. Gans and Patty and Craig Heydenberk Marjorie E. Daniel Thompson-Tucker Andy Bochman David B. Wasmuth David and Bonnie Crumpacker Brian Hibbs Edith and George Wombwell David Tiggerdine Mary and Thomas Boman Tina Gardner R. Gordon Dailey, Jr. Barbara Hickernell Don Wood Mr. Jan E. Tone Lesley Boney Lydia Garvey Carol G. Dano Robyn and Andrew Hidas Ruth Wright Laurel Toussaint and Tom Bik Gregory Bonser Rick Gasaway Ellen and Grant Darrow Robin Hiestand Donna Wygle William and Susan Tracy Russell and Bonnie Boulding Austin Gates John N. Davies Christopher Higgins Holly A. Zimmerman and Frances C. and John Train Steve Bowser Eric Geisler Peter DeCrescenzo Andrew M. and Mark and Brigitte Hilberman Darla Tupper and Anna Tyson Sargent Bradlee Lynn Dykstra Davis Glen Gelinas Anonymous Richard Hine Alan and Susann Bradley Marcondes Moreira De Araujo Kyle and Linda Gerlach David and Uvalda Tupper Kirk Hipps Under $50 Michael Brickey William L. Denneen James Gilbert Dallas and Norma Tuthill Richard Hirsh Gerald Brookman Gary Denny John J. Girton Debby Twining John Accardi, Jr. and Nancy Ann V. Hodges Clarke Lauri Ann and Taylor Brooks Stephen D. Dent Devi Glick John Twombly Carol D. Holley Tara Aders Ulrich Werner Brossmann James Ditto Leslie Gold and John Spain Mark Tyson Joan and Robert Holt Peter Aengst Michelle Brotemarkle Phillip Doe Will and Suzanne Gorenfeld Ute City Properties, Inc. Anne Louise Horgan Amy Allen Jim Brown Sabra Driscoll Raymond Graap Geza Vamos Dale Hoskins Hamilton Allport Kathie K. Brown Bob Ducate Timothy Grace Douglas G. and Barbara Veit Molly and Louis Houck Howard Ammerman Alan and Alana Buckley Donna Duerk Moses Graubard Demetra and James Versocki Verne W. House Mark Anderson Michael Budig Troy Duran Jack Greene Martha Vinick Housing Resources of Western Edson Andrews Carl vonSaltza Gail Bundy Susan Earle Greenprints Colorado Appalachia Science Eric, Jill and Zoe Vozick Bruce Burley Steve C Easley Alma Patricia Greer James and Anne Hubbell In The Public Interest Terry Wahl Donna and Jack Burrow EBSCO Industries, Inc. Matt Grice Elizabeth Hughes Thomas Asprey Mr. and Mrs. Charles Wakeman Lin Cameron William Eddy Donner Griffin Evan Hunt Lori Austin Pat and Ron Wallace Beverly A. Campbell Marion and Merritt Elmore Jason Groenewold Burgess Jackson Michael Babitch Janelle and Gary J. Walter Kenneth P. Cantor Bill Erickson David and Sally Gross Kenneth and Judith Jacobson Elijah Baldwin Patricia Walter Cara Carmichael Ron and Nancy Erickson Caleb Gruber Alice Jena Scott Bandoroff Richard C. Walters Carol Carson Peggy Ann and David Erskine Leia Guccione Debora and Keith Kaback Catherine Banghart Donna and Tom Ward Samuel Case and Judy Aizuss Per Fagrell Kathy Guest Sylvia Kaneko W. Thompson Barberi Louise O. Warner Sam Cassady, Jr. Calvin and Jill Farwell Bob and Jean Hackamack Valerie Kao Joanna Barnes Janice Faulkner Dana Haffner Alexis Karolides and Doug Hill

47 Trustees & Donors CONTRIBUTIONS TO RMI BETWEEN 1 JULY 2012 AND 30 JUNE 2013

Bruce Kaufman Julia Marshall Louise and Erik Nelson Rachel E. Richards Brian Skeele Martin Walaszek Jhu-Hong Ke Troy Marshall Alan Ness and Margaret Don Riggs Ralph Skinner Liz Washburn Bergmann-Ness Barbara Keenan William Martens Robin and David Rittenhouse David A. H. Smith David Wasserman Cheryl Neuenkirk Tom Keenan Marianne Mate Robena D. Robinett Janet and George Smith Randall Webb Jacqueline A. Neurauter Joseph Kehoe Joanie Matranga Nancy Roca and Phillip Michael Smith David Webster Edvard Nordenskjšld Schneider Christopher Lyal Keleher George and Beverly Mattson Patrick L. Smith Wever Weed K. Kelly and Brennan J. O’Neill Tim J. Roorda Thomas Kelly Irene Mayer Dr. and Mrs. Larry Sobel Gary N. Weisner Kathy Oberle and Cecil H. Hall Melanie and Myron Roschko Diane and Colin Kennedy Eric McAnly PJ Soukey Elizabeth A. Weiss Kuziel Stephen and Anita Opheim Marietta and Pier Luigi The Kentucky Jesuit Mission Judith McCarthy Kipchoge Spencer Martin Weiss Rosellini Kradan and Kent Ostby Scott Kerber Larry G. Mcclung Patrick and Leslie Stansberry Steven Weld Anna and Jonathan M. Rosen Matt E. Overeem Robert A. Kerns, Jr. Susan and Gregory McCormick Thomas Stanton Bart Wendell Melinda N. Ross Peter D. Packard Vern Keskinen Olga and Frank McCoy Gary Stephenson Marilyn and Michael Wertheimer Betsy and Larry Rotters Ardith Paget Jack Kieffer John McCreery Warren Stetzel Daniel Whalen Jeff Rydbom Justine Paglino Mariah Dawn King Jim McCue Dean Stevens Noel Whearty James Sander Robert Pancner Thomas King Bill McDiarmid Robert Stevenson Eileen M. Whipple Marshall and Aurelia Saufley Matthew Parker Margaret L. Klein Jeanie McIntyre Dale Stille Larry Whitesell Richard Saunders and Carol A. Gary Patton James Klippel John McIver Myers Charles and Susan Lynn John Wiercioch Lisa and Belden H. Paulson Stockton Deanna Knickerbocker Mark Mckaig Henry R. Savelesky Austin Williams Julie and Tom Paxton Joy and Timothy Stone Albert and Anne Koetsier Patrick McLaughlin Marlene and Raymond Daren Wilson Dennis R. Peterson Janet and David Stout Robert Kono and Katherine Robert S. Means Schneider Richard D. Wilson and Gina Tatum Diana and Gary Phelps Leslie Suen Gaurisas-Wilson The Medicine Tree Center Andrew Schoenberg Shellie Rae Kovaleski David Phillips Karen Swam Seth and Terry Wilson Rob and Katie Melich Laurie and Greg Schwaller Randall and Nancy Kreager Lance and SueJin Phipps Thomas E. Sweeny Audrey J. Witkowski John E. Menger Serena Schwartz-Larson Sandra Kurtz Erica Pickett Jayant Tatake Craig and Anita Woods Mr. Doyle Merritt Diane Schwener Alisha Kuzma Don Pinkham Gervas S. Taylor, Jr. Ken D. Woolfe and Roberta J. Normand Methot John Dennis Scott Klezmer Rodney L’Hommedieu Andrzej Piotrowski Keith Taylor Hugh and Marilyn Milburn Tommaso Mario Scutti Ginny and Pete Yang John LaForge Donald E. Porter Beverly and Edward Thomas J. D. Miller John Sears Garrett and Thelma Zabel Joyce Lanning Mark C. Porter Jeffrey Thorn Stephen and Wanpen Modell Margaret Seidel Randy Ziglar Thomas Larson Truls Porter Robert Throckmorton Dennis W. Mollard Linda and David Selbert Christie L. and George G. Zipfel, Jr. Leslie Lazareck Randal Pride Nicholas Tindall Lynette Molyneaux Shoshan Shacham Lynette Zizzo Betsy Leach Julian Prosser and Candace James H. Tolson Robin Moore Brett Shears Bailey Nils Lehmann Annegret C. Topel David L. Morris Benjamin Shepherd IN-KIND Nancy and Bob Pulley Geoffrey H. Lester Kendra Tupper CONTRIBUTIONS The Very Reverend James P. Hal Shepherd Heloise Rathbone and John Limpus Morton and Pamela Morton Ian Sheridan Thammy Ullom Evan Williams & Sara Morishige David N. Sears Williams Jim Long David and Caroline Moyer James Sherwood United Way California John R. Reed Capital Region Amy MacRae and Gary Brown Gary Munkhoff Pamela J. Shillam Angela Reid Vermont Law School Hector and Lindsay Elise Sandy and Mary Lynn Munro Bob Shively Joseph Reid Maglione Bernard Veuthey Amy and Harry S. Munsat Nancy and Dip Sidhu Richard and MaryRuth Reis Erik Ricardo Maguina Alex Von Braun Jonathon Mysliwczyk Robert and Anna Siebert Sue M. Rendler Lindsay Malboeuf James Voulgarakis Jay and Toni Nading Cecily Silberman and Stan Andrew Rex Ron and Cay Marquart Paul W. Wack Lev Natan Freedman Lawrence M. Rice Robert Marritz and Lucy Pond Mark Waddell and Scott Vickers Mr. and Mrs. Van E. E. Neie MIchael Simpson Paul Rice Ann Marshall Sharon Sjostrom Lynn Wagner

49 Trustees & Donors NATIONAL SOLUTIONS COUNCIL

The National Solutions Council (NSC) is a collaborative community of donors committed to understanding, supporting, and advancing RMI’s work to create practical transformation. An annual gift of $1,500 or more supports RMI’s work in transportation, buildings, industry, and electricity.

David Allen, Chair Robin & Dan Catlin Elaine & John French Bill & Jane Knapp Wally & Helen Obermeyer Leah Zell Wanger & Ralph Wanger David I. Caulkins Ann & Thomas Friedman Bud & Colleen Konheim Kelly Erin O’Brien & Martha Joy Watson Russell D. Ward, Jr. John & Mary Abele Eleanor Caulkins Thomas Gabbard Richard Landers Willard & Katharine Overlock Lynda & Douglas Weiser Jeffrey Abramson John N. Caulkins Jared & Cindi Gellert Miles & Elizabeth Lasater Marty Pickett & Edgell Pyles Sarah R. Werner Madhav Acharya Mary Caulkins & Karl Kister Jack Gibbons Peter Laundy & Shirley Dugdale Laundy Michael & Gwenn Potts Paul & Elena Westbrook Ann Acheson & Dennis Charles & Marabeth Causey Dana & Jonathan Gottsegen LeMond Erika Leaf & Christopher Jim Privat Judd Williams & Anne Ralph Cavanagh & Deborah William & Susan Green Meeker Bonaparte Rhode William & Carol Quigg Peter & Patricia Adler Arjun Gupta Elaine & Robert LeBuhn T. Walley Williams, III Jeffrey S. Chase Rudy & Alice Ramsey Rachel & Adam Albright Robert M. Hadley Charles W. Lemke Jane Woodward, MAP Yvon & Malinda Chouinard Sara Ransford David & Patricia Allen John & Judy Harding Roger & Florence Liddell Sue & Jim Woolsey Ann Christensen Xiaomei & Joseph Reckford Sharman & David Altshuler John & Marcia Harter Alexander & Lynn Lindsey B Wu & Eric Larson Julia Pershan Cohen & Jonathan Franz Reichsman Pat Anderson Ned & Libby Harvey Cohen Yih Ling Liu & Chris Quartetti Margaret & Martin Zankel Dr. Richard G. Rockefeller Joel Appel August Hasz Loring & Louise Conant Amory & Judy Hill Lovins Anonymous (2) Tim J. Roorda Brian & Valerie Arbogast Sue & Bob Helm Thomas & Noel Congdon Gregory A. Fowler & Julie B. Tomakin Archambault Diana & Jonathan F. P. Rose Numa & Emily Hero Lovins Darren & Julie Cooke Jim Aresty Paul D. Rudnick Gloria & Bennie Hildebrand Nancy Gerdt & Glenn Lyons Jon & Alicia Creyts David & Patricia Atkinson Peter Rumsey, Rumsey Beth Hinnen Jeff Magnin Kip & Hilary Crosby Engineers, Inc. Charles Babbs John Hirschi Robert & Margaret Marshall Tom & Cathy Crum Hope J. Sass Shepard Barbash & Vicki Ragan Jeff Hoel Elizabeth & Lou Matlack Lois-ellin Datta Emily M. Sack & Robert J. Richard & Joanne Barsanti Reese Holser Laurie Wyly Matthews & David Schloss Martha Davis Richard & Debra Barth Matthews Dave Houghton June & Paul Schorr, III Susan & Francois de Saint Barbara Bell Edwin Maynard & Robin Phalle Hunter & Stephanie Hunt Gordon & Carole Segal Mac Bell Dahlberg Tom Dinwoodie & Diana Nancy Reynolds & Logan Hurst Meryl & Robert Selig Geraldine & Donald Loren Blackford Meservey Robert Hutchinson McLauchlan Joan Semmer Pamela & John Blackford Marion Cass & Stephen Doig Russell Jaffe & Rebecca Sylvan Charles P. McQuaid Jonathan & Xi Xi Shakes Rita & Irwin Blitt John & Marcia Donnell Harold & Elizabeth Janeway Leslie & Mac McQuown Sally Dudley & Charles Sieloff Kathy & Bjorn Borgen Ted Driscoll & Sue Learned- Michael & Chantal Jennings Lee & Patricia Melly Robert & Leslie Speidel Terry Gamble Boyer & Peter Driscoll Kristina M. Johnson Steven & Lauren Meyers Srinija Srinivasan Boyer Hilary & Jake Elkins Michael Johnston Irene G. Miller Coco & Foster Stanback Markell Brooks Sandra Pierson Endy Anne M. Jones Jimmy Mills Alice & Fred Stanback Molly Matheson Brooks Angye Frankenberg Moira & Ward Kane Michael S. Morton Hope & Robert T. Stevens, Jr. Chelsea Congdon & James Charles & Chase Ewald Brundige Michael & Laura Kaplan Phillip Mulligan & Susan Thomas H. Stoner, Jr. The Fackert Family John & Kathleen Buck Richard Kaplan & Edwina Holdrege Morse Porter & Gail Storey Judith Barnard & Michael Fain Sandys Jacolyn & John Bucksbaum Melinda & Reuben Munger John R. Teerlink Suzanne Farver & Clint P. Van Inga & Nicholas J. Karolides Brad & Ineke Mushovic David Burns Zee Laney & Pasha Thornton Helen J. Kessler Werner & Judith Neuman Joan & Michael Busko Jeremiah Fass Michael P. Totten & Jill Lancelot Deepak & Raewyn Khosla Andrew C. Norris Connie & Jim Calaway Elizabeth & Robert Fergus Marcia Angle & Mark Trustin Richard & Marianne Kipper Joan B. Norris Alison Carlson Betsy & Jesse Fink Chris & Lela Wadsworth Kathleen Bole & Paul Jonathan B. Norris Yiwen Wang Penney & Dennis Carruth Angela & Jeremy Foster Klingenstein

51 Trustees & Donors 2317 Snowmass Creek Road Snowmass, Colorado 81654 (970) 927-3851

About Rocky Mountain Institute Rocky Mountain Institute (RMI) is an independent, nonpartisan, 501(c)(3) nonprofit organization. We drive the efficient and restorative use of resources to create a world thriving, verdant, and secure, for all, for ever.

Contact Us 2317 Snowmass Creek Road 1820 Folsom Street Snowmass, Colorado 81654 Boulder, Colorado 80302 (970) 927-3851 (303) 245-1003 http://www.rmi.org