2026-09-11T14:47:07-05:00 2025-12-31 390859910 BAKER TILLY ADVISORY GROUP LP 225 S LAKE AVE SUITE 900 PASADENA CA 91101 990 2025-01-01 886574046 HOLDFAST TRUST HOLD 3073957117 255 BUFFALO WAY PO BOX 1905 JACKSON WY 830011905 GREG CURTIS TRUSTEE PRESIDENT 3073957117 2026-09-03 1 LAUREN A HAVERLOCK P00545829 8185771900 2026-09-03 2025 GREG CURTIS 255 BUFFALO WAY PO BOX 1905 JACKSON WY 830011905 29952439 0 X N/A X 2022 WY PROVIDES GRANTS TO ORGANIZATIONS ENGAGED IN PROTECTING THE ENVIRONMENT AND ENGAGES IN DIRECT CONSERVATION EFFORTS TO PROTECT THE ENVIRONMENT THROUGH THE ACQUISITION OF LAND OR OTHER PROPERTY OR CONTRACTUAL RIGHTS 1 0 0 0 0 0 0 1655000 0 0 63307331 24204101 7 0 63307338 25859101 36272000 34861000 0 0 1199627 1399187 0 0 0 928165 801152 38399792 37061339 24907546 -11202238 1443491840 1430570522 1716787 243074 1441775053 1430327448 X FIGHTING THE ENVIRONMENTAL CRISIS BY RAISING AWARENESS OF THE CURRENT ENVIRONMENTAL CRISIS; PROTECTING BIODIVERSITY AND CLIMATE RESILIENCE THROUGH LAND PRESERVATION AND RESTORATION; DEFENDING AND SUPPORTING DEMOCRACY AND ENVIRONMENTAL ACTIVISM; LOBBYING AND OTHER ADVOCACY IN SUPPORT OF THESE ISSUES; AND MAKING GRANTS TO OTHER NONPROFIT ORGANIZATIONS. 0 0 36284285 34861000 FIGHTING THE ENVIRONMENTAL CRISIS BY RAISING AWARENESS OF THE CURRENT ENVIRONMENTAL CRISIS; PROTECTING BIODIVERSITY AND CLIMATE RESILIENCE THROUGH LAND PRESERVATION AND RESTORATION; DEFENDING AND SUPPORTING DEMOCRACY AND ENVIRONMENTAL ACTIVISM; LOBBYING AND OTHER ADVOCACY IN SUPPORT OF THESE ISSUES; AND MAKING GRANTS TO OTHER NONPROFIT ORGANIZATIONS. 36284285 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 1 9 0 1 0 0 1 CA 0 0 0 0 0 0 X 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 X FOUR SEAS LLC DBA HOLDFAST COLLECTIVE 3073957117 255 BUFFALO WAY PO BOX 1905 JACKSON WY 830011905 X FOUR SEAS LLC DBA HOLDFAST COLLECTIVE INSTITUTIONAL TRUSTEE 64.00 1.00 X 1399187 0 0 1399187 0 0 0 0 0 0 WILMER CUTLER PICKERING HALE AND DOOR LL 2100 PENNSYLVANIA AVENUE NORTHWEST WASHINGTON DC 20037 LEGAL SERVICES 319806 CONSERVATION PARTNER LLP 5111 TELEGRAPH AVENUE 311 OAKLAND CA 94609 LEGAL SERVICES 136875 3-BAR CORPORATION PO BOX 2656 CAMARILLO CA 93011 SITE PREPARATION SERVICES 129938 3 1655000 1655000 24297439 24297439 4000000 4093338 -93338 -93338 -93338 25859101 -93338 0 24297439 34861000 34861000 1399187 1220837 178350 424374 136875 287499 31290 31290 122320 65573 56747 301 301 34903 34903 TAXES 187265 187265 FOREIGN CURRENCY EXCHAN 696 696 BANK SERVICE CHARGES 3 3 37061339 36284285 777054 0 104814 4123984 13741453 27728910 23373658 94084 16882708 9483279 1381084403 1381084403 8304804 8055862 1443491840 1430570522 716787 43074 1000000 200000 1716787 243074 X 0 0 0 0 1441775053 1430327448 1441775053 1430327448 1443491840 1430570522 X -11202238 -245367 X 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 NON-VOTING STOCK 1381084403 C 1381084403 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 PROGRAM-RELATED INVESTMENT 2058304 EUROPE (INCLUDING ICELAND & GREENLAND) 0 1 PROGRAM SERVICES ENVIRONMENTAL CONSERVATION CONSULTING 65573 0 1 0 0 0 1 2123877 0 2123877 1 0 1 0 0 0 1 TRUST FOR PUBLIC LAND 23 GEARY STREET SUITE 100 SAN FRANCISCO CA 94108 237222333 501(C)(3) 8500000 3090000 BARGAIN SALE LAND PHILANTHROPY RELATED TO PROTECTING OUR PLANET FROM CLIMATE CHANGE; GENERAL SUPPORT MARIN COMMUNITY FOUNDATION 5 HAMILTON LANDING SUITE 200 NOVATO CA 94949 943007979 501(C)(3) 10971000 0 PHILANTHROPY RELATED TO PROTECTING OUR PLANET FROM CLIMATE CHANGE; GENERAL SUPPORT REWILD PO BOX 129 AUSTIN TX 78767 262887967 501(C)(3) 4820000 0 PHILANTHROPY RELATED TO PROTECTING OUR PLANET FROM CLIMATE CHANGE; GENERAL SUPPORT THE NATURE CONSERVANCY 4245 N FAIRFAX DRIVE SUITE 100 ARLINGTON VA 22203 530242652 501(C)(3) 4500000 0 PHILANTHROPY RELATED TO PROTECTING OUR PLANET FROM CLIMATE CHANGE; GENERAL SUPPORT OJAI VALLEY LAND CONSERVANCY PO BOX 1092 OJAI CA 93024 770169682 501(C)(3) 0 1680000 FMV LAND PHILANTHROPY RELATED TO PROTECTING OUR PLANET FROM CLIMATE CHANGE; GENERAL SUPPORT BATTLE RIVER PARTNERS 580 VALLOMBROSA AVENUE CHICO CA 95926 943302335 501(C)(3) 1000000 0 PHILANTHROPY RELATED TO PROTECTING OUR PLANET FROM CLIMATE CHANGE; GENERAL SUPPORT AMERICAN HUNTERS & ANGLERS ACTION NETWORK 2211 ELM STREET BILLINGS MT 59101 461895861 501(C)(4) 300000 0 ADVOCACY RELATED TO PROTECTING OUR PLANET FROM CLIMATE CHANGE; GENERAL SUPPORT 6 1 PART I, LINE 2: FOR ALL GRANTS THE TRUST REQUIRES REPORTING FROM GRANTEES ON THE USE OF FUNDS AND PERIODICALLY ENGAGES WITH GRANTEES TO ENSURE THAT REPORTING IS BEING PERFORMED TIMELY AND ACCURATELY. FOR LARGER GRANTS, THE TRUST FOLLOWS A PROCEDURE AKIN TO EXPENDITURE RESPONSIBILITY. THIS PROCEDURE INCLUDES A PRE-GRANT INQUIRY TO EVALUATE THE HISTORY, EXPERIENCE AND ACTIVITIES OF THE GRANTEE. IF THE GRANT IS APPROVED, THE TRUST WILL ENTER INTO A WRITTEN COMMITMENT WITH THE GRANT RECIPIENT PRIOR TO PAYING THE GRANT. THE TRUST WILL ALSO OBTAIN A GRANT REPORTS ON BOTH AN ANNUAL BASIS AND UPON THE COMPLETION OF THE GRANT (DEPENDING ON THE LENGTH OF THE GRANT PAYMENT AND THE PROJECT FUNDED.) THIS REPORT PROVIDES INFORMATION ON THE USE OF THE GRANT FUNDS, COMPLIANCE WITH THE TERMS OF THE GRANTS AND PROGRESS MADE TOWARDS ACHIEVING THE PURPOSE OF THE GRANT. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY A PUBLIC ACCOUNTING FIRM AND THE TRUSTEE REVIEWS THE 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION MAINTAINS A WRITTEN CONFLICT OF INTEREST POLICY APPLICABLE TO THE TRUSTEE, ANY REMOVER, SETTLOR, COMMITTEE MEMBERS WITH DELEGATED TRUSTEE POWERS, OFFICERS, EMPLOYEES, AND AGENTS WITH DELEGATED AUTHORITY (ORGANIZATION MEMBERS"). THE POLICY REQUIRES ORGANIZATION MEMBERS TO DISCLOSE ANNUALLY AND ON AN ONGOING BASIS ANY ACTUAL OR POTENTIAL CONFLICTS OF INTEREST, INCLUDING DIRECT OR INDIRECT FINANCIAL INTERESTS ARISING THROUGH BUSINESS, INVESTMENT, COMPENSATION, OR FAMILY RELATIONSHIPS. ANNUAL WRITTEN ACKNOWLEDGMENTS CONFIRMING RECEIPT, REVIEW, AND COMPLIANCE WITH THE POLICY ARE REQUIRED. WHEN A POTENTIAL CONFLICT ARISES, THE INTERESTED PERSON MUST DISCLOSE ALL MATERIAL FACTS TO THE TRUSTEE OR APPROPRIATE COMMITTEE AND MAY PRESENT INFORMATION REGARDING THE MATTER. THE INTERESTED PERSON IS THEN REQUIRED TO RECUSE HIMSELF OR HERSELF FROM DELIBERATIONS AND VOTING ON THE TRANSACTION OR ARRANGEMENT. THE REMAINING DISINTERESTED DECISION-MAKERS DETERMINE WHETHER A CONFLICT EXISTS AND WHETHER THE PROPOSED TRANSACTION IS FAIR, REASONABLE, AND IN THE BEST INTERESTS OF THE ORGANIZATION AFTER CONSIDERING ALTERNATIVE ARRANGEMENTS WHERE APPROPRIATE. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION IS MANAGED BY AN INSTITUTIONAL TRUSTEE, FOUR SEAS LLC DBA HOLDFAST COLLECTIVE. THE TRUSTEE FEE IS PAID TO AN INSTITUTIONAL TRUSTEE FOR MANAGEMENT AND OPERATIONAL SERVICES AND DOES NOT REPRESENT COMPENSATION TO ANY INDIVIDUAL EMPLOYEE. THE FEE COVERS THE OPERATING COSTS FOR THIS GRANT MAKING ENTITY AND OUTSIDE ADVISOR FEES FOR ACCOUNTING, LEGAL AND CONSULTING. THE ORGANIZATION SOUGHT AN OPINION FROM AN INDEPENDENT CONSULTANT TO DETERMINE THE FEE, WHICH WAS ESTABLISHED USING COMPARABILITY DATA AND IS BASED ON THE TOTAL INCOME GENERATED BY THE ASSETS OF THE TRUST. THE TRUSTEE FEE IS DOCUMENTED IN THE TRUSTEE FEE AGREEMENT. THE INSTITUTIONAL TRUSTEE FEE IS REPORTED ON PART VII, SECTION A AS WELL AS PART IX LINE 5 ACCORDING TO IRS FORM 990 INSTRUCTIONS. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS WERE MADE AVAILABLE TO THE PUBLIC AS SOON AS THE DOCUMENTS WERE FINALIZED AND APPROVED BY IRS. FORM 990, PART VII, SECTION A FOUR SEAS LLC IS DOING BUSINESS AS THE HOLDFAST COLLECTIVE, WHICH IS A TRUSTEE SUPPORTING THE PHILANTHROPIC WORK OF FIVE NON-PROFIT TRUSTS: THE HOLDFAST TRUST, CHALTEN TRUST, SOJOURNER TRUST, WILDER TRUST, AND TAIL WIND TRUST. THE HOLDFAST COLLECTIVE IS A TRUST COMPANY THAT WAS CREATED TO EFFICIENTLY MANAGE AND ADMINISTER THE PHILANTHROPIC WORK OF THE NON-PROFITS. PLEASE REFER TO THE PART VI, LINE 15A DISCLOSURE FOR MORE INFORMATION ON THE SERVICES PROVIDED BY THE HOLDFAST COLLECTIVE. ALL OF THE NON-PROFITS SERVED BY THE HOLDFAST COLLECTIVE ARE 501(C)(4) SOCIAL WELFARE ORGANIZATIONS. THE NON-PROFITS, COLLECTIVELY, OWN 100% OF PATAGONIA'S NON-VOTING STOCK AND RECEIVE 97.65% OF ANY DIVIDEND PATAGONIA ISSUES. DIVIDENDS ISSUED BY PATAGONIA FUND THE PHILANTHROPIC WORK OF THE NON-PROFITS. THE LARGEST NON-PROFIT IS THE HOLDFAST TRUST; IT RECEIVES 77.7% OF ANY DIVIDEND. ALL THE NON-PROFITS ARE DEDICATED TO FIGHTING THE ENVIRONMENTAL CRISIS. FOR SIMPLICITY, WE REFER TO THE HOLDFAST COLLECTIVE AS PATAGONIA'S NON-PROFIT SHAREHOLDER. FORM 990, PART XI, LINE 9: LOSS ON PROGRAM INVESTMENT -245,367. HT CONSERVATION HOLDINGS LLC 259 WEST SANTA CLARA STREET VENTURA CA 93001 884144096 LAND HOLDING COMPANY DE 0 8138341 HOLDFAST TRUST VENTURA RIVER PARKWAY DEVELOPMENT LLC 259 WEST SANTA CLARA STREET VENTURA CA 93001 PROPERTY HOLDINGS DE 0 4017996 HOLDFAST TRUST PATAGONIA WORKS - SEE PART VII EXPLANATION 235 W SANTA CLARA ST VENTURA CA 93001 HOLDING COMPANY CA N/A C 0.77700 1 TP LOG SALVAGE LTD 800-1070 DOUGLAS STREET VICTORIA BRITISH COLUMBIA CA V8W 2C4 LAND HOLDING COMPANY CA HOLDFAST TRUST C 2058304 1.00000 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 PATAGONIA WORKS F 23319778 FMV SCHEDULE R, PART IV, PATAGONIA WORKS HOLDFAST TRUST HAS A FINANCIAL INTEREST IN PATAGONIA (AS DESCRIBED ON SCHEDULE O) AND DOES NOT HAVE A CONTROLLING INTEREST. REASONABLE EFFORTS WERE MADE TO OBTAIN THE INFORMATION REGARDING SCHEDULE R, PART IV, COLUMNS (D), (F), (G), AND (H), BUT THIS INFORMATION IS NOT AVAILABLE TO HOLDFAST TRUST. THE BEST APPROXIMATION IS REPORTED ON SCHEDULE R, PART IV, COLUMNS (D), (F), (G), AND (H).