Robert B. Berry Trustee, Wolf Creek Charitable Foundation, Rancher, Falcon Breeder, and Conservationist

Harry L. Bettis Rancher

P. Dee Boersma, Ph.D. Wadsworth Endowed Chair in Conservation Science University of Washington

L. Michael Bogert General Counsel Midas Gold Inc.

G. Kent Burnett VP Technology and E-commerce (RET) Dillard's Inc.

Virginia H. Carter Natural History Artist Environmental Educator

Robert J. Collins Curator The Archives of Falconry

Robert S. Comstock Fashion Designer Robert Comstock Company

Ralph H. Duggins Partner, Cantey Hanger, LLP Chairman, Texas Parks and Wildlife Commission

Caroline A. Forgason Partner Groves-Alexander Group LLC

Mark R. Fuller Scientist Emeritus US Geological Services

Victor L. Gonzalez President Windmar Renewable Energy

H. Dale Hall Chief Executive Officer (RET) Ducks Unlimited, Inc.

Karen J. Hixon Conservationist

Grainger Hunt Senior Scientist Emeritus (RET) The Peregrine Fund

Jay L. Johnson JLJ Consulting Admiral, U.S. Navy (RET)

Dirk A. Kempthorne Former Governor (Idaho) Former Secretary of the Interior

Carolynn D. Loacker Vineyard Owner and Philanthropist

Helen MacDonald Writer, Naturalist and Affiliated Research Scholar, University of Cambridge Department of History and Philosophy of Science

H.E. Majed Ali Al Mansouri Secretary General The Emirates Falconers' Club

Ambrose K. Monell President & Trustee The Ambrose Monell Foundation The G. Unger Vetlesen Foundation

S. Reed Morian Texas Parks and Wildlife Commission, Chairman DX Service Company, Inc., Chairman/CEO

Calen B. Offield Director, Offield Family Foundation Photographer

Lucia Liu Severinghaus Biodiversity Research Center (RET) Academia Sinica, Taiwan

Catherine A. Stevens Attorney Mayer-Brown

Dan Tomascheski Vice President -Timber Resources Sierra Pacific Industries

R. Beauregard Turner Fish & Wildlife Manager, Director of Natural Resources Turner Enterprises, Inc.

Jalsa Urubshurow Founder & CEO Nomadic Expeditions

James D. Weaver President, Grasslans Charitable Foundation and Rancher

Tim Wilcomb Principal/President Jordan-Wilcomb Construction, Inc.

Board members

Officers

Carter R. Montgomery Chairman Avalon Exploration & Production, LLC (Executive Chairman)

Scott A. Crozier Vice-Chairman General Counsel Concierge

Richard T. Watson, Ph.D. President and CEO

Patricia B. Manigault Treasurer Conservationist and Rancher

Samuel Gary, Jr. Secretary President, Samuel Gary, Jr. & Associates, Inc.

Lee M. Bass Chairman Emeritus President, Lee M. Bass, Inc.

Ian Newton, D.Phil., D.Sc., FRS. Chairman Emeritus Senior Ornithologist (RET) Natural Environment Research Council United Kingdom

People are the solution. Fifty years ago, a passion for Peregrine Falcons sparked a movement that became The Peregrine Fund. Falconers and scientists shared their expertise, and so did countless others whose unique contributions shaped a lasting legacy. Visit peregrinefund.org/thankyou to learn about the collaborators who continue to make it possible to conserve birds of prey worldwide.

THE PEREGRINE FUND BOARD OF DIRECTORS

Edwin Ahrens

Ms. Teresa Andreika

Chester and Theresa Andrew

Dr. Carl Astbury and Ms. Katie Prendergast

Alan and Elisabeth Baldridge

A.J. and Susie Balukoff

Dr. Mark W. Banks

Mr. Jack Bartley

Carter Bates

Dr. and Mrs. LeRoy B. Beasley

Ms. Jan Bell

Dr. Richard Bierregaard and Ms. Cathy Dolan

Dr. P. Dee Boersma

Mr. Matthew Britton

Mr. Frederick Brodsky

Ms. Cecilia Brown

Perry and Marilyn Brown

Mr. Joseph A Buday

Clay Cannady

Ms. Virginia H. Carter

Mr. and Mrs. Yvon V. Chouinard

Mr. Tom Connors

Ms. Sharon R. Costales

Donald and Michelle Cronin

Ms. Candice Crow

Keith Dan

Count Charles de Ganay

Mrs. Lauren Dudley

Mr. Ralph H. Duggins

Mrs. Betsy Eldredge

Mr. Leo E. Faddis

Mr. and Mrs. Clark Fidler

Ms. Kristine Floyd

Dr. Damian Folch

Mark and Dana Fuller

Ms. Rebecca Gaples and Mr. Simon Harrison

Mr. David Gibson

Mr. and Mrs. Victor Luis Gonzalez

Mr. Ronald N. Graves and Mrs. Diane Plastino Graves

Mr. Z. Wayne Griffin, Jr.

Mrs. Helen K. Groves

Richard and Sondra Hackborn

Mr. Steven Hahn and Mrs. Imelda J. Weddington

Dr. Kay Ann Hale

Mrs. Marie M. Halff

Mrs. Emory Hamilton

Mr. and Mrs. Frederic C. Hamilton, Jr.

Dick and Barbara Harley

Mr. Jeff Hatch

James and Patricia Haynes

Mr. and Mrs. Ross Heald

Ms. Gloria Heller

Mrs. Henrietta P.C. Hildebrand

Dr. Stephen Hill

The Horizon Foundation

Jillian and Po Huang

Ms. Juliet Hudson

Dr. and Mrs. Walter F. Hughes

Mrs. Shirley F. Hunt

Admiral and Mrs. Jay L. Johnson

Mr. Hank Kaestner

Donald and Mary Kayser

Mrs. Joan Kelleher

Ms. Lisa Kern and Ms. Nancy Caspersen

Harvey and Mary King

Luther and Teresa King

Luther King Capital Management

Ms. Loraine E. Klinger

Mr. Jeffrey Kolb

Meta Kortum

Ms. Susan LaFontaine

Mike and Jayme Lahey

Mr. Gary Landers

Mr. William Lazar

Melinda Lindsey

Ms. Bobbi Gail Lipton

Dwight and Kimberly Lowell

John S. Mackiewicz, Ph.D.

Ms. Diann MacRae

Paul and Linda Mascuch

Mr. James H.T. McConnell, Jr.

Mrs. Adele Miller

Ambrose and Lili Monell

Mr. Nikolaos Monoyios and Ms. Valerie Brackett

Dennis and Sharon Monroe

Ms. Sandra J. Moss

Natural Encounters Conservation Fund

Nancy Nelson

Mr. Jim Norton

Ms. Helen Noyes

Charles and Keith Osterbrink

Mr. Nathaniel O. Owings

Elizabeth B. Parks

Mr. Michael Peleg

Sheila and Ron Pera

Ms. Sara Jean Peters

Dr. Michael Pilch

Nathan Pittman

Dr. Marshall F. Priest

Phil and Jill Reed

Mr. Patrick Riceci

Denise Riegel

Mr. Mark Rockefeller

Robert and Marcia Ross

Joseph and Alice Lee Ruf

Mr. and Mrs. Johnny Russell

Mrs. Cynthia Rae Salazar

Mr. Robert Salisbury

David and Lisa Schiff

Ms. Cynthia S. Schotte

Mr. Richard T. Schotte

Dr. Lucia Liu Severinghaus

Ms. Marion Simpson

Tom and Joan Skoro

William and Carol Smallwood

Mr. Peter Spiegelman

Ms. Sheila Spiwak

Ms. Catherine A. Stevens

Ms. Catherine G. Symchych

Mr. Robert W. Tafel, Jr. and Mrs. Susan M. Tafel

Joe and Flinda Terteling

Mrs. Renee Thompson

David Thomson

Dan and Jean Tomascheski

Ms. Christie Van Cleve

Ms. Rose A. Van Hook

William and Noel Wade

Tom and Connie Walsh

Mrs. Judy Weidner

Kathryn Weyland

Maurice White

Ms. Conni B. Williams

Wings of Light Fund

Melanie Wirtanen

Leadership Council

members remain

crucial to our success

by giving $1,000 or

more annually. In

addition to regular

member benefits,

they receive:

A personalized desktop paperweight

Invitations to Board meetings and special events

One Gift Membership to give

A behind-the-scenes tour at the World Center for Birds of Prey

Recognition in the annual report

Learn more at

peregrinefund.org/

leadership-council.

In Memory… The Peregrine Fund received gifts in memory of the following individuals in 2019:

To give in honor of a loved one or special occasion, please visit peregrinefund.org/join-or-renew and select the Tribute Gift option

The Peregrine Fund's planned giving society

You can give the gift of raptor conservation to future generations by including The Peregrine Fund in your estate plans. You will join a special group of donors who

receive permanent recognition at the World Center for Birds of Prey in Boise, invitations to special events, and recognition in the annual report (unless you wish to be anonymous).

Your bequest, annuity, or other planned gift further strengthens the foundation of all our conservation work, giving future generations the tools they’ll need for a changing world.

Please let us know when you include The Peregrine Fund in your plans: website: peregrinefund.org/legacy-circle • email: legacycircle@peregrinefund.org • phone: 406–388-7717

Rick Ashworth and Dawn Roy

Mary Blackmon Smith

Edward G. Bourne

Karen D. Brender

Dorothy A. Clifford

Marie A. de Angelis

Joe and Joy Eoff

Cynthia Ferguson

Esther B. Garnsey

Edward F. Gerrity III

Kevin L. Hamann

Gerald D. and Kathryn Swim Herrick

Ben Holmes and Carol Scheifele-Holmes

Denise Kodner

Karl and Linda Kuivinen

Irmgard M. Light

Don McCartney

Beverly Miller

Velma V. Morrison

Nicholas Nelson and Anja Sundali

Theodore and Madeleine Noehren

Thomas K. Oliver, Jr.

Gertrude Oschwald

Margaret Wentworth Owings

Peter Pfendler

Joseph J. Pisar

Edward M. Roberts

Edward W. Rose, III

Dr. Stella Marie Schmittner

Beth B. Seymour

Marie Vance

Peter VanOrman

Christian W. Westphal

Jim Willmarth

Erica B. Woodman

Gloria M. Young

Andrew Baker

Steven Baptiste

Baron and Violet, winged ambassadors emeriti at The Raptor Center

Judie Bartell

Henry L. Baxley, Jr.

Anita Bell

Frank M. Bond

Lester and Pat Boyd

Steven Boyd

Daniel J. Brimm

Pat Brown

Dan Brunotte

Dr. William Burnham

Dr. Tom J. Cade

Cali Cardoni

Neale Clark

Michael J. Connolly

Pat Cowles

Cullen Hill's mother

Louis Davis

Robert E. Degner

Dr. Phil Eldredge

James H. Enderson

Michael Farrell

Marjorie Kane Fee

Bill Fidler

Kenneth D. Filkins

Don Fox

Dale and Jane Fraser

Bob Frederick

GEM

Barry Lynn Goff

Denna Anne Greenwood

Virginia Hageman

Leonard Hayes

Judy Henning

Ed Hepp

Ken Higgins

Jack Hochman

Brooke Irish

Dick and Jo Johnson

Gene Johnson

Noel Burgbacher Jordan

Alan Kettring

Eleanor Layton Knabe

Alicia Kromas

William B. Kurtz

Karen Lentz

William C. MacBride

Tom Maechtle

Bob Martin

William Martin

Brian McDonald

Joyce McDonald

Robert T. McKay and Maria Luisa Pereira Vasconcelos

Michael P. McSweeney

Dr. Heinz Meng

Adair Miller, Jr.

Robert and Nancy Montgomery

Todd Newell Montgomery

Jon Matoian Mousel

Marie Ispas Naidis

Morlan W. Nelson

Dr. Jerald Lindsay Oaks

Jack C. Osgood

Dolores Perkins

James N. Rice

Sara Jayne Roti

Paul Sanford

Vernon Seifert

Ralph Ross Sherman

Silvio Silvestri

William Simon

Bailey Smith

Joanne Smith

Richard Smolin

Wilbur F. Snelling

Ann Greiber Soedel

Gene Spuhler

Dan Thee

Steve Thompson

Denis Rex Trowbridge

Edward Zachary Voss

Barrie D. Watson

Harold Webster

Rubin Weiss

Susan Weller

Phil Willis

Robert Burgess Winslow

Paul N. Woodruff

Net Investment Return

Corporations

Admissions & Sales

In-kind Donations

Fundraising/Membership

Conservation & Research: 84%

Expenses

Revenues

California Condor

Madagascar

Education, Outreach

General & Administrative

Individuals

Foundations

6%

23%

11%

18%

43%

All otherConservation& Research

50%

6%

5%

8%

8%

11%

5%

3%3%

Government Grants

Other

Consolidated Statement of Activities • Year Ended September 30, 2019

Revenue, Support and Gains (note 1) 2019 2018 Contributions (note 2) $ 6,225,972 $ 5,325,401 Government grants 952,930 586,120 In-kind revenues 219,738 153,533 Admissions and sales 465,596 347,819 Net investment return 510,070 2,390,823 Other 233,904 32,537 Total revenues, support, and gains  8,608,210 8,836,233

Expenses

Program services Conservation, research, and education 5,920,195 5,008,866

Supporting services General and administrative 362,158 598,506 Fundraising and Membership 782,000 840,301 Total supporting services 1,144,158 1,438,807

Total expenses  7,064,353 6,447,673

Change in Net Assets 1,543,857 2,388,560

Net Assets, Beginning of year, as Restated 25,129,024 22,740,464

Net assets at end of year $26,672,881 $25,129,024

Note 1 - FY19 Financial Statements are presented according to ASU 2016-14 Standards.

Note 2 - Contributions consist of: $3,417,466 contributed Without Donor Restric-tions, $2,786,937 With Donor Restricted contributions, and $21,569 of Indirect support. Funds totaling $1,367,684 from current year and previous year were re-leased from Donor Restrictions.

Please note: The Peregrine Fund's complete audited financial statements may be viewed on our website, www.peregrinefund.org. or a statement may be obtained by contacting The Peregrine Fund, Accounting Department, 5668 W Flying Hawk Lane, Boise, ID 83709. Consolidated Statement of Financial Position • Year Ended September 30, 2019

Assets 2019 2018 Cash and cash equivalents 970,065 705,989 Grants receivable 435,810 86,058 Promises to give, net 2,323,207 1,026,784 Investments (Endowment) 16,823,454 17,021,582 Inventory, prepaids, and other assets 172,575 150,557 Property and equipment (net of depreciation) 6,418,985 6,543,929 Total Assets  27,144,096 25,534,899

Liabilities and Net Assets

Liabilities Accounts payable 193,612 194,664 Accrued payroll and taxes 246,283 201,863 Deferred Revenue 31,320 9,348 Total Liabilities     471,215 405,875

Net Assets Without Donor Restrictions 22,817,916 22,666,554 With Donor Restrictions 3,854,965 2,462,470 Total Net Assets  26,672,881 25,129,024

Total Liabilities and Net Assets  27,144,096 25,534,899

The Peregrine Fund • 5668 W. Flying Hawk Lane, Boise, ID 83709 • peregrinefund.org