LANDSCAPESWINTER 2005

Peninsula Open Space Trust3000 Sand Hill Road, 1-155Menlo Park, CA 94025(650) 854-7696www.openspacetrust.org

Address Service Requested

Recycled Paper/Soy Ink

POST

NON-PROFIT ORG.

U.S. POSTAGE

PAID

SAN FRANCISCO, CA

PERMIT NO. 925

cover photo: Whaler’s Cove and Pigeon Point Lighthouse © Robert Buelteman

“To stand at the edge of the sea, to sense the ebb and the flow of the tides,

to feel the breath of a mist moving over a great salt marsh, to watch the flight

of shore birds that have swept up and down the surf lines of the continents

for untold thousands of years, to see the running of the old eels and the

young shad to the sea, is to have knowledge of things that are as nearly

eternal as any earthly life can be.”

Rachel Carson, The Sea Around Us

LandscapesPeninsula Open Space Trust

POST

Dear Friends,

It hardly seems possible that, as 2005 comes to a close, we are approaching the end of our monumental$200 million fund-raising campaign to save the San Mateo Coast. Four years ago, POST launched Saving the Endangered Coast to address an urgent, unmet need on our home turf—the preservation of the spectacular but threatened coastal landscapes thatmake the San Francisco Peninsula such a remarkableplace to live and visit. Now we are in sight of the end,and by the time you get this, we may well be craningour necks toward the finish line. Thank you for allowingus to dream big and act big.

At POST, we strive to achieve the permanent protection of the beauty, character and diversity of ourlocal landscape. While the campaign raises funds forland acquisition, the need continues for strong, reliablefunding to preserve our open lands forever. This year,your annual gifts allowed POST to continue building on its track record of conservation leadership andaccomplishment, supporting daily administrative tasks,lengthy (often years-long) negotiations with landowners,and strategic planning for future projects. As a POSTdonor, you play a vital role in this essential work. Onbehalf of everyone at POST, thank you for bringing ourshared vision of safeguarded natural lands on thePeninsula that much closer to reality.

Audrey C. RustPresident, POST

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The mission of the PeninsulaOpen Space Trust (POST) is to

give permanent protection to the

beauty, character and diversity of the

San Francisco Peninsula landscape

for people here now and for future

generations. POST encourages the use

of these lands for natural resource

protection, wildlife habitat, low-intensity

public recreation and agriculture.

Dear POST Supporters,

POST is on the cusp of doing something trulyextraordinary. At the time of this printing, our Saving theEndangered Coast campaign total stands at $196,664,755—just shy of our $200 million goal. Thanks to everyonewho got us this far! With this kind of support, we knowan impressively strong finish is close at hand.

For POST, it’s a race against time to save our opencoastal lands. That’s why earlier this year, the KresgeFoundation set aside a $1.75 million challenge grantfor POST that will top off our campaign—but only ifwe raise 99 percent of our fund-raising goal byDecember 31.

This summer, to help us meet the Kresge challenge, POST’s Board of Directors and CoastalCampaign Advisory Council gave an additional$1.75 million on top of their initial campaign pledges.This Leadership Fund has set the pace for the finalmonths of the campaign, inspiring familiar faces andnewcomers alike to give as much as they can to saveour beautiful San Mateo coast. Their generosity, and

the success of POST’s “Under the Harvest Moon” eventin September, which raised $784,000 for the campaign,promises exciting results once all the numbers are tallied.

I know how much my family enjoys the wildlandsand the recreational opportunities they provide so closeto home. If you haven’t already—and even if youhave—I hope you will join us in ensuring that thesebeautiful and majestic lands remain so forever.

Susan Ford DorseyChair, POST Board of Directors

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experience“It is in man’s heart that the life of nature’s

spectacle exists; to see it, one must feel it.”Jean-Jacques Rousseau

A Beautiful Piece of History

What do you hope to see when youvisit the Coast in the future? What do youhope will be there for your children, andtheir children?

Whaler’s Cove near Pescadero is theperfect place to contemplate the magnificentnatural legacy we all inherit as inhabitantsof coastal California.

POST acquired Whaler’s Cove throughits Saving the Endangered Coast campaignin 2000, tearing down a private nine-unitmotel on this breathtaking 3-acre stretch ofcoastline now part of Pigeon Point Light

Magnificent Lands for the Future

In July, 200 POST donors attended twoPOST-led hikes at Stevens Canyon Ranch,which POST acquired last winter throughits Saving the Endangered Coast campaign.Guests marveled at the striking beauty ofthis historic 240-acre property protected bytheir generosity, where rustic ranch roadswind past weathered outbuildings, an oldstone winery, and a picturesque orcharddating back to the late 1800s. More secludedtrails led them past second-growth Douglasfir, madrone, bay, oak, tanoak trees, and animmense old-growth redwood forest nearthe creek.

Stevens Canyon Ranch lies within thefoothills of the coastal Santa Cruz Mountainrange near Cupertino, where thousands ofacres are threatened by residential develop-ment. Surrounded by 6,640 acres of protectedpublic lands, the ranch is a high priority forpreservation and promises to become a keylink in a future trail network throughStevens Canyon.

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State Historic Park. This spring, POSTtransferred the property to California StateParks for permanent protection.

Where the motel once stood, walkingtrails and a special seating area built byPOST will grace the bluff top, restoringpublic access and landmark views to theshore. Mel’s Lane, a portion of the CaliforniaCoastal Trail honoring conservationistMelvin B. Lane, invites the public to explorethis rugged coastline at continent’s edge.Nearby, the Council Circle seating area willrecognize special donors to POST’s coastalcampaign, providing a place of respite forhikers, daytrippers and schoolchildren. Withits dazzling views, it is a lasting reminderof what individuals can accomplish whenthey work together on behalf of our localnatural lands.

Connecting with Nature

Nothing invites spiritual balance andpeace of mind like standing under thecanopy of a silent redwood grove, scanninga dramatic sweep of wave-pounded coast-line, or cresting a windswept knoll. Well-planned hiking trails allow us to venturebeyond the urban environment and exploreour natural surroundings.

POST has expanded opportunities toexperience nature up close by protectinglands for trail connections from SkylineRidge to the sea. With the November 2004purchase of a conservation easement andpledge of a trail easement over 624-acreRedgate Ranch in San Gregorio, POST hopesto expand a trail system connecting throughneighboring Driscoll Ranch, another campaignproperty. These easements protect signatureviews from nearby Highway 84; preserveRedgate’s open grasslands, coastal scrub andoak-draped hills; and ensure that one dayhikers will have access to this breathtakingexpanse of open space along a public recreational trail corridor.

In November 2004, Greg and Amanda Jones offered abargain sale to POST of a conservation easement andpledged to donate a trail easement over Redgate Ranchin San Gregorio.

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WINTER 2005 ■ 5Stevens Canyon Ranch © 2005 Karl Kroeber

renew “In all things of nature, there is something of the marvelous.”

Aristotle

native plants and animals and obscuring theproperty’s sweeping ocean views.

This summer, POST sent in contractorswith excavators and hand tools to pull outeach tufted clump of pampas grass by theroots, making room for native species likesticky monkey flower, coyote brush andJuncus plants to reestablish themselves onthe bluff top. With the area’s biodiversityand viewshed restored, visitors can nowexperience more unobstructed views of the ocean from Pillar Point Bluff.

Restoring the Wild

From tide pools to sand dunes, coastalterrace prairie to redwood forests and oakwoodlands, the San Mateo Coast containssome of the most rare and varied habitats

Saving a Living Eden

POST’s land stewardship programensures that biodiversity can flourish on thewild and rural properties we protect. To date,POST has eliminated more than 1.5 millioninvasive pampas grass plants on its properties.Dedicated volunteers have done much ofthis natural habitat restoration work alongthe San Mateo Coast. Progam support fromthe Bella Vista Foundation has enabled POSTto keep invasive exotics in check.

At Pillar Point Bluff, a 119-acre propertynear Moss Beach that POST acquired inAugust 2004, a dense infestation of non- nativepampas grass had taken over the bluff top.The invasive exotic, originally from SouthAmerica, had established a “monoculture”of a single dominant species crowding out

Rancho Corral de Tierra © Robert Buelteman

California Academy of Science interns spend a day removing Scotch broom on POST’s Johnston Ranch.

The San Francisco gartersnake and the California red-legged frog are just two of the rare and uniquespecies that face extinctiondue to habitat loss along the San Mateo Coast.

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found on earth. But today, these extraordinaryplaces and the species they support faceextreme threat from urban development.

Scientists have identified our Coast asone of the planet’s 25 conservation “hotspots” where rapid habitat loss is leadingto the permanent extinction of species.Renowned biologist E. O. Wilson, a featuredspeaker in POST’s Wallace Stegner LectureSeries, sums up what’s at stake when hesays, “We are talking about saving theCreation. Once you lose species, they willnot return. It is ethically impermissible tolet this happen on our watch.”

POST’s Saving the Endangered Coastcampaign gives us a chance to protect thislandscape and its inhabitants forever. Ourcampaign goal is to preserve 20,000 ruralcoastal acres; to date, we have protected 20 properties totaling 14,259 acres. If we actnow, we can save the Coast not just forourselves, but for future generations.

Edward O. Wilson, Featured Speaker,2005 Wallace Stegner Lecture Series

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Lobitos Ridge and Lower PurisimaCreek, two properties POST has protectedthrough its coastal campaign, lie adjacentto one another just south of Half Moon Bay.Here wooded valleys, scrub-covered knollsand bright meadows spill down to wind-ing, willow-lined Lobitos Creek, a lushriparian corridor that is a wellspring of lifefor many species, including fish, insects,amphibians and other animals.

The creek is reported to provide important habitat and spawning groundsfor threatened steelhead trout, whose numbers in California in the last 30 yearshave been reduced by more than 50 percent,due to a loss of freshwater habitat causedby blocked access to spawning areas andincreased sediment and debris depositedinto creeks. With POST-protected landsstraddling part of this critical waterway,native steelhead habitat is assured continued protection.

Clean Streams, Healthy Wildlife

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Preserving a Way of Life

At the gateway to the Pomponio CreekValley, brothers John and Clarence Aratahave worked portions of their 1,312-acreSan Gregorio ranch for more than 60 years.Homes have cropped up nearby, and developers have taken a keen interest in theAratas’ land, which boasts 360-degree viewsof the entire coastal landscape. To save thearea’s agricultural character and maintaintheir way of life, the Aratas decided last yearto enter into a conservation agreement withPOST. The resulting conservation easementprevents subdivision and limits developmenton the property’s high ridgelines and verdanthay fields, knolls and cow pastures. Now theAratas are able to continue living, farmingand grazing on their ranch while preservingthe serene, secluded nature of their beautifulcorner of the world.

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One Step Ahead

Real estate market trends have a hugeimpact on POST’s land-saving work. Asreal estate prices, especially on the Coast,continue to skyrocket to record highs, thepressure intensifies for us to stay one stepahead of the game.

In the past year, the median home priceon the Coast rose by more than 16 percent,to $755,000. Such rapid increases, coupledwith a housing inventory shortage, make itabsolutely essential that POST have thenecessary funds in hand to negotiate landdeals as quickly and effectively as possible.

protect “We need to learn to listen to the land, hear what the long haul; what, especially in the west, it shouwe have to have access to natural wild land.”

Open Space in Our Own Backyard

Just half a mile off Skyline Boulevard inthe Santa Cruz Mountains, 151-acre RapleyRanch is home to a remarkable edge habitatwhere hilltop grasslands meet forested slopes.Here, majestic coast range views are framedby oak woodlands, which are increasinglyunder threat from development in the area.When POST acquired Rapley Ranch forprotection in the summer of 2004, it had thepotential to be developed into eight luxuryestates. Today, this former beef and dairycattle ranch supports extensive plant andwildlife and has tremendous recreationpotential as a future extension of the adjacentRussian Ridge Open Space Preserve, ownedby the Midpeninsula Regional Open SpaceDistrict. A loop trail system from Rapley toRussian Ridge would make this rich land-scape forever accessible to all those whotreasure fresh air, stirring vistas, and wondrouswoodlands, all just a few minutes’ drivefrom the hectic valley below.

Driscoll Ranch © 2001 Robert Buelteman

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Gary Holtum maintains an equestrian operation on POST’sDiamond H Ranch.

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That’s why POST’s Saving the EndangeredCoast initiative is so important. Campaigncontributions position POST to continue toprotect threatened coastal lands from devel-opment into sprawling private estates thatcould mar scenic ridgelines and bluff tops.We can’t afford to wait. Once open space isgone, it is gone for good. Protecting ouropen space is the best defense against thepermanent loss of natural open lands onthe San Francisco Peninsula.

it says, understand what it can and can’t do over uld not be asked to do. To learn such things,

Wallace Stegner, The Gift of Wilderness

By the time this issue of Landscapes reaches you, we will be onlydays away from a critical deadline for the fund-raising portion ofPOST’s historic Saving the Endangered Coast campaign.

We have $1,585,245 to go to qualify for the $1.75 million KresgeFoundation challenge grant and finish the campaign by December 31.

These funds are essential to complete the protection of 20,000 acres ofrural land that we have identified as the highest priorities for protectionalong the San Mateo Coast, one of the world’s most vulnerableconservation “hot spots.”

As of press time, POST had entered into agreements to protect 20 properties covering 14,259 acres—an area more than three times the size of Yosemite Valley.

We must raise 99 percent of our fund-raising goal by December 31to receive the Kresge grant. What is at stake are the stunning naturallands that make the San Francisco Peninsula such a remarkable place to live and visit. Your gift today can help us meet the Kresge challengeand save these extraordinary lands forever.

Saving the Endangered Coast will have a lasting impact on the quality oflife on the Peninsula. We must save the special places close to home forourselves and for future generations. If we don’t do it, nobody else will.

Thanks to all who have given to the campaign, key pieces of thecoastal landscape puzzle are in place. We need your help to complete thepicture. We are on target with 25 percent of our 20,000-acre goal remainingto complete the land protection portion of the campaign. We need themoney in hand to act quickly when key properties become available.

This campaign is a once-in-a-lifetime opportunity to save theSan Mateo Coast from inappropriate development. Your gifts willresult in an enduring legacy of unparalleled natural splendor for all to enjoy. This is our last chance. Please make your gift today!

A Once-in-a-Lifetime Opportunity

$1,585,245TO BE RAISED BY DECEMBER 31

$196,664,755RAISED TO DATE*

*AS OF NOVEMBER 17, 2005

$1,750,000KRESGE CHALLENGE

$200,000,000CAMPAIGN GOAL

Saving the Endangered Coast Campaign Update

The Time is Now…Make Your Gift Today!

12 ■ L A N D S C A P E SView of San Gregorio State Beach from San Gregorio Farms © 1999 Robert Buelteman

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The Saving the Endangered Coast campaignmade a huge leap forward on September 17,when POST supporters gathered under a giantwhite tent at Runnymede Farm in Woodsidefor a celebration dubbed Under the HarvestMoon. The festive evening—which honoredthe families of Gordon and Betty Moore,David and Lucile Packard, and generationsof POST supporters—drew more than 500guests and raised $784,000 for the campaign.TV host Doug McConnell emceed the eventand featured performer Joan Baez serenadedthe crowd.

After years of planning, Mel’s Lane andthe surrounding walking trails at Whaler’sCove are now open to the public. The cove,a 3-acre site now part of Pigeon Point LightStation State Historic Park near Pescadero,was the first property POST acquired forprotection though the Saving the EndangeredCoast campaign and is the place where POST“deconstructed” a private motel in 2001.

At the Council Circle, a ring of stonebenches being constructed at Mel’s Lane,donors of $100,000 and more to the cam-paign will be permanently recognized. The Mel’s Lane segment of the CaliforniaCoastal Trail honors conservationist MelvinB. Lane, the first chair of the CaliforniaCoastal Commission and a co-founder ofPOST. We invite you to visit this stunningstretch of coastline overlooking Whaler’sCove and see for yourself what your giftsto the campaign are helping to accomplish.

Mel’s Lane Open to PublicUnder the Harvest MoonRaises $784,000 forCampaign

(above) From left to right: Donna Dubinsky,Leonard Shustek, Ned Barnholt and JimiBarnholt at Under the Harvest Moon.

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(left) From left to right: Robert Stephens,POST Board member Charlene Kabcenell,Julie Packard, Alison Elliott, Steve Blank,and Derry Kabcenell at Under theHarvest Moon.

(From left to right) POST President Audrey Rust and Mel and JoanLane at the Mel’s Lane trail site next to Pigeon Point Light Station.

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Arlene Blum has played a ground-breaking role in women’s mountain-eering. She is best known for lead-ing the first American, and all-women’s, ascent of Annapurna I,considered one of the world’s mostdangerous and difficult mountains.

Annapurna: A Woman’s Place,written by Blum, has inspired readers for over the past 25 years.National Geographic Adventure mag-azine included it in their “hundredbest adventure books of all time.”

Arlene Blum Thursday, February 16, 2006

Her new book, Breaking Trail: AClimbing Life, is an unforgettableaccount of the trails Blum pioneered,not only in mountaineering, but inscience.

Blum holds a doctorate in biophysical chemistry. Her researchwas instrumental in banning severalcancer-causing chemicals and pesticides. She plans to continuethis research to help protect ourhealth and environment.lecture sponsor: Sand Hill Advisors

From an early age, Mark Bittner wasintent on becoming a poet-singer-songwriter. Living in southwestWashington State, Bittner saw SanFrancisco as the place to realize hisdream. He finally made it to theBay Area, but the dream proved —disastrously — to be a fantasy. Markspent the next 15 years trying toput himself back together throughspiritual search while eking out aliving on the streets of San Francisco.In 1990, he spotted something on

Mark Bittner Tuesday, March 21, 2006

Telegraph Hill that fascinated him:a flock of wild parrots. Three yearslater, Mark found himself immersedin a deep friendship with the birds.His love for them ultimately led tohis writing the New York Timesbestseller The Wild Parrots ofTelegraph Hill. He also became thesubject of a successful independentdocumentary film of the same title. lecture sponsor: Chris and CarolEspinosa

To read Barry Lopez is to communewith a deep thinker. His writingshave frequently been compared tothose of Henry David Thoreau, ashe brings a depth of knowledge tothe text by immersing himself inhis surroundings, deftly integratinghis environmental and humanitarianconcerns. In his non-fiction, he oftenexamines the relationship betweenhuman culture and physical land-scape. In his fiction, he frequentlyaddresses issues of intimacy, ethics,and identity.

Barry Lopez Thursday, May 11, 2006

Barry Lopez is best known asthe author of Arctic Dreams, forwhich he received the National BookAward. Among his other non-fictionbooks is National Book Awardfinalist Of Wolves and Men. His recentwork includes Resistance (2004), abook of interrelated stories writtenin response to the recent ideologicalchanges in American society.lecture co-sponsors: Matteoni,O’Laughlin & Hechtman Lawyers & Duane and Ann Kalar

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Illustration from the etching: The Three Trees, 1643, Rembrandt Harmensz van Rijn

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Ambassador Bill and Mrs. Jean Lane invite you to join us for the 13th Annual Wallace StegnerLecture Series and hear from people whoselives and work have been inspired by the wild.This year’s lecturers will enlighten audienceswith their individual experiences of wilderness,from summiting Annapurna to exploring thevast Arctic landscape to discovering the wildplaces that exist in our own backyard. All lectureswill be held at the Mountain View Center forthe Performing Arts beginning at 8:00 p.m.

A lecture series subscription at the StegnerCircle level of $300 per season ticket or thePatron level of $150 per season ticket will giveyou preferred seating at each of the lectures.

Your tax-deductible contribution will furtherbenefit POST’s land conservation work.

Series subscriptions for the three lectureswill be available at $60 and include one discounted ticket to each lecture.

You can order tickets by calling POST at (650) 854-7696 or by mailing in your orderform when you receive your Lecture Seriesbrochure in early January. Single tickets to thethree lectures are $22 each and can be orderedthrough the Mountain View Center for thePerforming Arts at (650) 903-6000. All proceedsfrom the series benefit POST’s land-savingmission.

The Thirteenth Annual

Wallace Stegner Lecture Series

Series Sponsorship by

Ambassador Bill and Mrs. Jean Lane

Inspiredby the wild

Media Sponsor: San Jose Mercury News

Land purchased with campaign funds $ 19,046,748Land improvements $ 125,245

____________$ 19,171,993

SUPPORT AND REVENUE

Contributions and grants $ 16,282,472 Land contributed for conservation $ 750,000 Investment income $ 4,419,542 Rental and other income $ 951,661

____________TOTAL SUPPORT AND REVENUE $ 22,403,675

EXPENSES

Purchases of conservation easements & gifts of land to public agencies $ 9,036,707

Conservation program $ 2,522,432Interest paid on land transactions $ 82,622

____________Total conservation expenses $ 11,641,761

Fundraising and communication $ 1,469,514General and administrative $ 507,378

____________Total fundraising and administrative $ 1,976,892

____________TOTAL EXPENSES $ 13,618,653

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financial summaryThe following is a report of POST’s revenues and expenses during the fiscal year from July 1, 2004, to June 30, 2005.

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Preserving thousands ofacres of rolling hills and forests.Saving pristine coastal bluffs andbeaches from development.Rescuing fertile farmland frombulldozers. Stitching togethertrail corridors for the public toenjoy. None of this would bepossible without the loyal generosity of annual donors toPOST.

This year’s annual support,on top of gifts made to POST’sSaving the Endangered Coastcampaign, helped us pursue ourday-to-day conservation workwhile we acquired threatenedcoastal lands. Annual contributionsat all levels of giving help POSTresearch properties, develop up-to-date maps, and keep thelights on. Annual contributionsunderwrite our partnershipswith key public agencies, andsupport lengthy negotiationswith landowners and donorsthat sometimes require years of staff commitment. They alsofund our innovative land stew-ardship program, keeping theopen space lands in our ownbackyard healthy, vital andbeautiful.

Skyline SocietyPart of our annual giving programincludes the Skyline Society, agroup of individuals whoseannual gifts to POST total $1,000or more.

The Skyline Society takes itsname from Skyline Ridge, theredwood-studded spine of theSanta Cruz Mountains that provides sweeping views of theSan Francisco Peninsula. Thesededicated donors provide 70 percent of POST’s operatingsupport, helping to ensure thatour local natural lands will bepreserved forever.

Membership BenefitsMembers of the Skyline Societyenjoy the following benefits:

■ Invitations to “Walks & Talks: Hiking with POST”

■ Special Reports from the President, including land acquisition announcements

■ Acknowledgement in the Annual Report

■ Opportunities to attend fund-raising updates and special events

■ Knowledge that your gift saves the extraordinary landscapes that contribute toour quality of life on the San Francisco Peninsula

Annual Giving at POST

Skyline Society Committee

A six-member volunteer committee coordinates the outreach efforts of the SkylineSociety. Committee membersSue Anawalt, Jeff Enderwick,Tracy Halgren, Alisa MacAvoy,Cindy Miller and GeorgeZimmerman coordinate societymembership, help organize special events, and cultivate andthank POST donors. They arethe force that helps POST getthe job done, and we thank themfor their invaluable service andleadership.

Become a Skyline Member!

For more information abouthow you can become a memberof the Skyline Society, please call Director of Annual Giving Daphne Muehle at (650) 854-7696 or via email at dmuehle@openspacetrust.org.

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LandscapesLandscapes is published quarterly

by the Peninsula Open Space Trust 3000 Sand Hill Road, 1-155

Menlo Park, CA 94025

Telephone: (650) 854-7696Fax: (650) 854-7703Web site: www.openspacetrust.org

POST is a public benefit California corporation and is tax-exempt under section 501(c)(3) of the InternalRevenue Code. Contributions to POST are tax-deductible.

Edited by Anne SharmanContributing Writer: Nina Nowak

Designed by DiVittorio & AssociatesPrinted by TradeMark Graphics, Inc.

BOARD OF DIRECTORSSusan Ford Dorsey, Chair

Allan F. Brown Vince S. Garrod

Christina A. HollowayLarry Jacobs

Karla Jurvetson, M.D.Charlene KabcenellRobert C. Kirkwood Norman E. Matteoni

Dianne McKennaDavid W. MitchellPaul NewhagenWilliam RellerKarie ThomsonMark A. Wan

STAFFAudrey C. Rust President

Walter T. Moore Vice President

Kathryn Morelli Vice President

Karen P. Douglas Controller

Sarah Allen Development Assistant

Ed Campaniello Senior Project Manager

Sara Clark Land Assistant

Amy Herbst Communications Associate

Jessica Klinke Campaign Assistant

Sue Landsittel Conservation Associate

Jessica Levy Grants Officer

Elina Lin Office Assistant

Alexandra Michalko Land Assistant

Daphne Muehle Director ofAnnual Giving

Kellyx Nelson ConservationProject Manager

Nina Nowak Campaign Writer

Jane Potter Office Manager/Executive Assistant

Jeff Powers Cloverdale Project Manager

Paul Ringgold Director of Stewardship

Anne Sharman Director of Communications

Noelle Thurlow ConservationProject Manager

POST

Stock Gifts to POSTStock gifts are a wonderful way to make a gift to the Saving theEndangered Coast campaign. A gift of securities is fully tax-deductibleat its market value at the time of your contribution. An added benefitis that by contributing your stock directly to POST you avoid thecapital gains tax. POST can sell stocks tax-free and use 100 percent ofyour gift to save land. To make a gift of stock to POST, please do thefollowing:

Step 1: Contact your stockbroker. Your stockbroker can make a directelectronic transfer of your stock certificates to POST’s account withthe following information:

DTC #226 National Financial Services

Account Name: Peninsula Open Space Trust Account Number: P61-045870

Banc of America Investment Services555 California Street, 7th FloorSan Francisco, CA 94104Mail code: CA5-705-07-41Attention: Tom Katilius (415) 627-2749or Tammy Lilliston (415) 627-2750Fax: (415) 835-2875

Step 2: Give your stockbroker POST’s taxpayer identificationnumber: 94-2392007.

Step 3: Notify POST as soon as the transfer instructions have beengiven so that we can alert our stockbroker. Please provide thePeninsula Open Space Trust with the name of the security, thenumber of shares to be donated, and the name and phone number ofyour stockbroker. To notify POST, please contact:

Daphne Muehle, Director of Annual GivingPeninsula Open Space Trust3000 Sand Hill Road, Building 1, Suite 155Menlo Park, CA 94025(650) 854-7696

Thank you for your support of POST and your commitment to thePeninsula’s open space! ■

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