The Power of

2013 Annual ReportPartnerships

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Contents

Board of trusteesJeff Killeen Chair

Elizabeth Spinelli Secretary, CFO

Bob Bailey Chief Development Officer

David Darrin

Robert Dickson, PhD

Nell Fraser

George R. Hearst III

John E. Kelly III, PhD

Gena Lindyberg

John Johnston Macionis, PhD

Margaret Horsfall Schadler, PhD

Edmund M. Scheiber, Jr.

Susan Weber

Tom West

Wendy Whalen

Ike Wolgin

2 LettersfromChair,ExecutiveDirector,andWaterkeeper

4 ThePowerofPartnerships:ABoldSeriesofFirsts

6 UnderstandingtheStateoftheLaketoSecuretheFateoftheLake

8 SAVINGLakeGeorgefromAquaticInvasiveSpecies

10 DefiningtheFutureofDevelopmentonLakeGeorgebyDesigningforLakeHealth

12 ItTakesaWatershedtoAchieveSustainedProtectionofLakeGeorge

14 WestBrookConservationInitiative:APioneeringPartnershipSucceeds

15 FeaturedPartners

16 AnInvitationtoInvestinourSuccess

17 AcknowledgmentofSupporters

20 FinancialSummary

staffEric Siy Executive Director

Chris Navitsky, PE Lake George Waterkeeper

Jessica Rubin Director of Development and Marketing

Corrina Parnapy Water Quality Outreach Coordinator

Tory Stephens Manager of Administrative Services

Cover photo courtesy of Mike Kelly

Our partners in designing this report: Tamarack Media Cooperative

Printed on 30% recycled paper

As Waterkeeper, much of my time is spent in com-munities around the basin. In fact, I’ve participated in more than 1,000 public meetings with municipal-ities. In that time, I have learned this: the challenges facing our Lake will only be solved with shared vision and resolve. This past year demonstrated the value of doing so, creating new opportunities for developing in ways that protect our Lake and help our economy. The FUND and Waterkeeper, in partnership with a growing list of public and private entities, are charting a new course to steer us through the headwinds and show others the way.

A signature program in this pursuit will be a Low Impact Development Certification System that guides land use to preserve essential ecosystem services that benefit the Lake and our investments for gen-erations to come. Other examples of shared work to achieve tangible results have been an array of partnership projects. These include working with municipal leaders to improve public and individual wastewater treatment by implementing management districts and design modifications.

For our Lake and our communities, the standard for our shared success must be sustained protection, adhering to commonly held principles and informed by latest science. Together, we can meet this stan-dard and master the winds that would otherwise blow us off course.

I wish to thank all those who have acted heroically as partners in protecting Lake George—including fellow staff and Trustees, and our many colleagues. But most of all, I want to thank each of you for your continued support and encouragement.

Your Lake George Waterkeeper,

The FUND’s historic progress in 2013 was pow-ered by partnerships. Unprecedented threats and opportunities demanded it. Featured in this report are some of the many people and entities that are coming together to make lasting pro-tection of Lake George a common purpose and attainable goal. They include families and com-munities, public officials and research scien-tists, businesses and individuals, all concerned about their Lake, each with a unique story of why it matters so much.

Unlike any time in its rich history, Lake George faces the specter of becoming far different from the Lake known and loved for generations. Lat-est research tells us this, the spreading menace of invasive species tells us this, and our per-sonal experience of a changing Lake tells us this.

Growing awareness has compelled the prom-ise now before us, to convert current threats into history-making protections. This was the hallmark of 2013; it was a year of “firsts”—of keeping out invasives, empowering science, and engaging people as never before. And all our work was focused on the heart and soul of what draws us (or keeps us) here, year after year: the natural wonder of Lake George and the majestic landscape that cradles her clear waters.

It was little more than a year ago that The FUND for Lake George launched its Legacy Strategy with one driving goal: “stopping the present decline of water quality and achieving sustained protection of Lake George for the next genera-tion.” Our Legacy Strategy fuses environmen-tal and economic imperatives to produce the transforming energy, purpose, and resolve for enduring success. Investment, innovation, and partnership are the tools being used to trans-late The FUND’s generational commitment into groundbreaking results.

Jeff Killeen

Eric Siy

Letter from the

Waterkeeper

Letter from the

Chair and exeCutive direCtor

Chris Navitsky

3

Photo courtesy of M

ike Kelly

The FUND has strengthened its capacity to succeed by enhancing our Board of Trustees, recruiting talented and passionate new staff, enlisting world-class experts, and building vital relationships with those who share a stake in the fate of Lake George.

The complex threats facing our Lake cannot be solved one issue at a time or by any single in-terest group; only integrated action and shared purpose can ensure we reach our goal. Every-one has a role to play in this essential endeavor.

The ultimate power of partnerships is their proven ability to overcome seemingly insur-mountable problems through the bonds of purpose and determination that generate un-stoppable momentum, even against great odds. The proof is exhibited throughout this report. We trust you will agree that the bold path we are forging with our partners is indeed powerful and, we believe, unstoppable!

With deepest gratitude to all our partners—near and far, from yesterday to today, and for genera-tions to come,

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THEPoWEroF

In 2013, The FUND’s Legacy Strategy took flight with a bold series of

“firsts.” These achievements were only possible through unprecedented

partnerships. In this Annual Report, The FUND’s redoubled commitment

to achieve sustained protection of Lake George honors our partners.

There has never been a more pivotal time for Lake George or a better

opportunity to make our work together an enduring model befitting a

world-class natural treasure.

ForgingtheCriticalPathPartnerships

toLastingProtection

Catalyzed creation of TheS.A.V.E.LakeGeorgePartnership that spoke with one voice and acted in concert by committing to invest in more than half the cost of the State’s Aquatic Invasive Species (AIS) Prevention Program for Lake George.

Secured adoption of the Lake George Park Commission’s AISPreventionProgram through S.A.V.E.’s successful work with State officials and the creation of the first mandatory inspection and decontamination program of its kind east of the Mississippi.

Commenced creation of a LowImpactDevelopment(LID)CertificationSystem for Lake George that will set a new standard for public and private projects basin-wide, providing economic benefits as it protects the Lake.

Launched the next generation of empowered Lake study through The FUND’s historic partnership with IBM and Rensselaer Polytechnic Institute to start TheJeffersonProjectatLakeGeorge. This partnership will lead the world in converting applied science into breakthrough solutions ensuring sustained ecosystem health. TheS.A.V.E.LakeGeorgePartnership

MandatoryBoatInspections

LIDCertificationSystem

TheJeffersonProjectatLakeGeorge

S.A.V.E. members Eric Siy, Mayor Bob Blais, and Ron Conover with a check for S.A.V.E’s investment in the invasives prevention program. Photo courtesy of the Lake George Mirror

Eric Siy, Dr. John Kelly, and Dr. Shirley Jackson at The Jefferson Project at Lake George launch event. Photo courtesy of Carl Heilman II

Packed room of municipal officials, engineers, contractors, and others learning to apply LID practices in the Lake George watershed.

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Inspection and decontamination stop invasives from entering our Lake.

the Fate of the Lake

Understanding the State of the Lake to Secure the Fate of the LakeMore than two centuries ago, Thomas Jefferson declared

Lake George to be “without comparison, the most beautiful water I ever saw.” Today, these words serve as both

inspiration and destination for TheJeffersonProjectatLakeGeorge. The Project unites The FUND with IBM and

Rensselaer Polytechnic Institute to establish Lake George as

“the global model for sustained ecosystem understanding and protection.”

“The still pure water of Lake George is the lifeblood of our economy, but it will take unprecedented commitment to keep it that way. By shining the light of science on the future of Lake George, this bold partnership will empower our ability to succeed.” Jeffrey M. Killeen, Board Chair, The FUND for Lake George

Heraldedasone of the most significant events in Lake George history,The Jefferson Project at Lake George was launched at the Sagamore Resort in Bolton Landing on June 27, 2013. By establishing a new model for converting applied science into last-ing protection, the Project is integral to making Lake George one of the only lakes of any size that continues to function ecologically in a nearly natural state.

As revealed through 30 years of water chemistry mon-itoring by Rensselaer’s Darrin Fresh Water Institute (underwritten with support from The FUND), “without curbing present trends Lake George faces the pros-pect of permanent degradation.” It was this stark as-sessment of the state of the Lake that compelled The FUND’s generational commitment to securing the fate of the Lake. The Jefferson Project stands as a central pillar of The FUND’s Legacy Strategy.

the Jefferson project at Lake George

APartnershipfortheAges—andtheWorld

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Major accomplishments of The Jefferson Project in 2013 included completing a bathymetric survey of the Lake’s southern basin. Project partners contracted with Substructure (substructure.com), a world leader in advanced underwater mapping services. Led by company president Tom Reis (pictured at right), Substructure’s experts have been vital members of the Project team. Two research vessels, the Orion and Mintaka, are being used to produce the most detailed map of a lake bottom and watershed ever completed anywhere in the world. Once done in the summer of 2014, this high resolution digital map will provide the platform for revealing how the Lake actually works in physical, chemical, and biological terms. Such integrated understanding is fundamental to effective monitoring, sampling, and forecasting for sustained protection of the Lake’s ecological health.

The Jefferson Project

BathymetriC survey

Chief concerns now facing Lake George are a set of “stressors” on the Lake’s natural resilience, as evidenced by declining water clarity, changes to the basic ecological structure of species comprising the Lake George food web, and an alarming in-crease in salt concentrations—the effects of which are not yet fully understood, but could have profound negative impacts on the future health of the Lake.

In 2013, The Jefferson Project assembled the tools and teams for making a quan-tum leap in understanding Lake George and what it will take to safeguard the Lake’s unparalleled natural character. Over two-dozen researchers, engineers, modelers, sensor specialists, communications experts, technicians, and more have been work-ing in dedicated teams to institute the world’s most advanced combination of data analytics, computing and data visualization techniques, new scientific and experi-mental methods, 3-D computer modeling and simulation, sensor technology, and historical data to gain unprecedented scientific understanding of Lake George.

“Lake George has a lot to teach us, if we look closely. By expanding Rensselaer’s Darrin Fresh Water Institute with this remarkable new cyberphysical platform of data from sensors and other sources, and with advanced analytics, high performance computing, and web science, we are taking an important step to protect the timeless beauty of Lake George…” Dr. Shirley Ann Jackson, President, Rensselaer Polytechnic Institute

“Through The Jefferson Project, [we] will advance the state of the science and the practice of water management to create a more precise, actionable and sustainable model that will give us a path forward.” Dr. John E. Kelly III, Senior Vice President and Director of Research , IBM

the State of the Lake

Information is power and The Jefferson Project is designed to generate the most powerful information ever brought to bear on the fate of a threatened natural re-source. This information will be widely disseminated among The FUND’s expanding array of partners in our shared pursuit of lasting protection.

Breakthrough predictive capabilities of The Jefferson Project will produce break-through solutions that strengthen the Lake’s natural resilience in the face of long-term pressures from climate change and intensifying human use. The Jef-ferson Project promises to show the world how a complex natural system can be deliberately studied for the purpose of sustaining protection and will, in the process, uphold Thomas Jefferson’s “Declaration of Lake George.”The Jefferson Project launch brought together people

throughout the basin. Photo courtesy of Carl Heilman II

SaVING Lake George from aquatic Invasive Species

“Invasive species will forever degrade the lake should we fail to keep them out. The recent invasion of Asian clams demonstrates the severity of the problem, as treatment costs mount into the millions of dollars and impacts on lake health threaten to exact an even greater toll. S.A.V.E. has shown how a collaboration of municipalities, organizations and individuals can work together to accomplish a common purpose. Our great lake drives our passion and our future and deserves our very best.”Mayor Bob Blais, Village of Lake George, founding S.A.V.E. member and honorary chairman

Formation of TheS.A.V.E.(Stop Aquatic inVasives from Entering)LakeGeorgePartnership proved decisive in compelling adoption of the only action capable of protect-ing the Lake from invasives—man-datory prevention. Comprised of municipal leaders, conservation groups, and researchers, S.A.V.E. members agreed early on that concerted commitment and action—including shared financial investment—would be needed to help ensure a mandatory inspec-tion and decontamination program for trailered boats in the earliest possible time frame.

From its founding in late 2012, S.A.V.E. members worked tire-lessly toward establishment of the program. This included many meetings, trips to Albany to talk with State officials, written appeals to Governor Cuomo, shared testi-mony and comments before the Lake George Park Commission, ongoing community and media outreach, and much more.

Uniting S.A.V.E. members was a keen awareness that, as goes the health of Lake George so goes the region’s economy. Invasive species pose one of the major threats of our time—to Lake George, the state, and the nation. With shared vision to the future, and the legacy to be handed down, S.A.V.E. mem-bers stood firm and acted with all due dispatch, knowing that there would be no second chance to save Lake George.

MayorBobBlais, Lake George Village, Honorary S.A.V.E. Chairman

SupervisorronConover, Town of Bolton

SupervisorDennisDickinson, Town of Lake George

BillMason, business owner & former Supervisor, Town of Queensbury

SupervisorFredMonroe, Town of Chester

JeffKilleen, Chairman, The FUND for Lake George

EricSiy, Executive Director, The FUND for Lake George

ChrisNavitsky, Lake George Waterkeeper

WaltLender, Executive Director, Lake George Association

SandraNierzwickiBauer, Director, RPI Darrin Fresh Water Institute

the s.a.v.e. Lake George partnership

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S.A.V.E. Lake George Partnership

foundinG memBers

S.A.V.E. members working with Lake George Park Commission executive director Dave Wick to advance the State’s AIS Prevention Program.

“This is an all-hands-on-deck moment requiring all interests to do their part. The stakes could not be higher and the historic opportunity to save Lake George will slip from our hands unless we all act now.” Supervisor Ron Conover, Town of Bolton, founding S.A.V.E. member

“When we come to the table, we are business owners and environmentalists, Democrats and Republicans, we are a partnership with diverse interests who all share a stake in the fate of these Adirondack lakes. We dare not delay any longer. Our economic and environmental well-being depends on our working together to stop these invasive species in their tracks.”Bill Mason, business owner, founding S.A.V.E. member

“A washed boat is a safe boat. By pooling resources and coordinating responsibilities we are showing how broad resolve can deliver real results.” Supervisor Dennis Dickinson, Town of Lake George, founding S.A.V.E. member

“Leadership and partnership at all levels of government and across sectors bode well for a successful program.”Supervisor Fred Monroe, Town of Chester, founding S.A.V.E. member

“…Coupling inspection of boats with the means to get them washed before launching provides the one-two punch now needed.”Walt Lender, Executive Director Lake George Association, founding S.A.V.E. member

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Defining the Future of Development on Lake George by Designing for Lake HealthANewCertificationSystemEmerges

Low impact development

LowImpactDevelopment(n)A practical and proven method for maintaining natural drainage patterns, topography, and site features. Low Impact Development or LID encourages landowners and developers, both public and private, to maintain a site’s natural features by applying tested techniques for minimizing negative impacts of land use to waterways and surrounding natural areas. LID practices provide ecological and economic benefits in the form of cost savings and retention of property values.

In 2013, The FUND’s Waterkeeper program began creation of a LowImpactDevelopment(LID)CertificationSystem for Lake George that builds on its leadership role in promot-ing LID practices throughout the watershed. LID Certification will serve as natural complement to LEED certification for energy efficient building and design. LID certification measures will pro-tect water quality by mimicking nature’s drainage patterns and hydrology to reduce the negative effects of stormwater runoff, a serious threat to Lake George and many other water bodies.

As one of the main innovations being advanced by The FUND’s Legacy Strategy, LID certification will set a positive new basin-wide standard for development. Creation of the system will engage a wide range of public and private interests, including engineers, ar-chitects, landscape designers, de-velopers, builders, public officials and more to ensure establishment of an effective program that gains broad support from its earliest stages.

Meliora Design (melioradesign.net), a highly regarded engineering firm from the Philadelphia area, was selected to work with The FUND in establishing the new certification system. Meliora provides the caliber of professional exper-tise and experience needed to bring LID certification to life. As explained by Meliora President, Michele Adams:

“Nothing protects Lake George water quality like the natural, forested landscape that absorbs, filters, and cleanses the rainfall that feeds the Lake. Obviously, every place can’t be

In its 3rd annual LID Conference on May 2, 2013, the Waterkeeper continued to support the design and review community with required continuing education credits through presenta-tions and panels on fundamental practices of LID. Topics included municipal implementation and green infrastructure.

The conference is an opportunity to collaborate with and encourage development professionals to utilize LID techniques that mitigate the negative impacts of land use activities. The 2013 con-ference featured well-known experts including

keynote speaker Thomas H. Cahill, who donated copies of his recent book, Low Impact Development and Sustainable Storm-water Management to municipal leaders and design consultants in attendance. All presentation materials from the 2013 conference (along with 2012 and 2011) are now available at the LID Conference Archive page on The FUND’s website: fundforlakegeorge.org/LIDarchive.

Challenges And Solutions Through

LoW impaCt deveLopment

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Waterkeeper Chris Navitsky and Michele Adams of Meliora Design

a forest, but as we live, work, and recreate around the Lake, we need to design landscapes that perform like the forest when it rains. We need landscapes that absorb, cleanse, filter,

and shade the Lake. LID is about creating these landscapes around our homes and buildings, protecting the Lake and reinforcing the uniqueness of place that is Lake George.”Main steps to completing the LID Certification System will include a series of municipal workshops and outreach to building profes-sionals, publication of a detailed LID Manual (incorporating input from workshops and outreach), comprehensive GIS mapping of the watershed, and a proprietary rating system for LID Certification. The LID Manual and Certification System are slated for completion in 2015.

Remaining true to the Legacy Strategy’s aim of fusing economic

and environmental imperatives, LID Certification will provide a positive and widely accessible opportunity by rewarding development that protects the region’s most prized asset, the health of Lake George and its surrounding watershed. LID Certification will provide a non-regulatory win-win ap-proach to be widely shared with partners near and far.

Information on LID design and planning techniques (as excerpted at left) can be found in The FUND’s award-winning Do-It-Yourself Water Quality Guide. The entire publication is available to download on our website at: fundforlakegeorge.org/DIYWQ

2013 Waterkeeper

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It takes a Watershed to achieve Sustained Protection of Lake GeorgeIn the past decade, the Waterkeeper has attended and participated in well

over 1,000 public municipal meetings, a major milestone that has resulted in

greater understanding of how to minimize negative land use impacts on the

vulnerable natural systems of Lake George. In its vital role, the Waterkeeper has

worked to educate and advocate, project by project, public comment by public

comment. Through technical input and guidance on Low Impact Development

(LID) measures, complying with existing regulations, and promoting project

improvements, the Waterkeeper has gained a respected presence.

In 2013, as a founding feature of The FUND’s Legacy Strategy, the Waterkeeper’s presence was leveraged as never before, in launching establishment of a watershed-wide LID certification system (see pages 10 and 11) and through a series of partnership projects that have helped set the stage for heightened success. Highlights of this work follow and provide examples of hands-on partnerships tackling tough problems harming the Lake. They include:

StemmingStormwaterThe need for slowing and reducing stormwater discharging into English Brook brought key players together to achieve an engineered solution. Impervious pavement at the Exit 22 entrance ramp of the Northway and adjacent commercial development have allowed for direct discharges ultimately ending up in the Lake. The Waterkeeper assembled a team to design a system that curbs the problem to protect both brook and Lake. Pro bono services from Jarrett Engineering, PLLC (Glens Falls), D.L. Dickinson & Associates (Lake George) and project management by Dr. Jim Sutherland were enlisted to propose a management system treating stormwater through infiltration and reduced discharges. That proposal is under consideration by the State Department of Transportation.

MakingWastewaterTreatmentWorkPartnering with the Village of Lake George, the Lake George Watershed Coalition, and consulting hydrologist Dr. Jim Sutherland, a monitoring plan was initiated to understand and address the problem of significant levels of nitrates entering the Lake via West Brook.

The culprit is believed to be the Lake George Wastewater Treatment Plant (at right) that has repeatedly failed to meet effluent discharge standards for nitrogen. This public/private effort will also assist the Village in securing necessary funding and choosing qualified engineers to bring the plant into compliance using state-of-the-art facility upgrades.

TreatingInvasiveSpeciesWhile catalyzing S.A.V.E.’s creation and pursuit of invasives prevention (see pages 8 and 9), The FUND continued to invest in and oversee milfoil management, partnering with the LGPC and Aquatic Invasive Management, LLC (AIM) for hand harvesting milfoil plants. The Fund contracted with AIM four of the past five years to remove thousands of bags of milfoil from the Lake. In 2013, this included management of the Lake’s densest milfoil sites at Huddle Bay, the Village of Lake George, and Dunhams Bay.

Work on Asian clam management also continued with the assistance of local officials and volunteers. In order to survey the state of the infesta-tion, The FUND donated use of the Waterkeeper boat and enlisted vol-unteers to survey the western shore of the Narrows and North Basin. In addition, the Waterkeeper coordinated the logistics for Congressman Bill Owens’ kayak tour (pictured at left) to witness the Asian clam problem firsthand. 1,000

ATTENDED MorETHAN

from 2003–2013the Waterkeeper

PUBLIC MUNICIPALMEETINGS

Lake George Waterkeeper

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West Brook Conservation InitiativeReclaiming what once was to protect what will be…Starting us down the path of shared initiative as linchpin to lasting pro-tection of Lake George was the public/private partnership of The FUND for Lake George, Warren County, Lake George Village, the Lake George Land Conservancy, and Lake George Association, along with State and federal agencies.

The West Brook Conservation Initiative (WBCI) began in 2004 with the goal of eliminating the largest source of contaminants in the south basin of Lake George. In 2013, the first phase of the West Brook Conservation Initiative was completed. Now, runoff from the Route 9 corridor at the south end of Lake George will be treated before entering West Brook, which for decades has been the most polluted tributary to the Lake. Measures being taken include the first subsurface gravel wetland in the area—highly efficient for removing pollutants—that will dramatically improve water quality.

With the unprecedented investments and commitments of WBCI partners ($15 mil-lion), an estimated 90% of the sediments and more than half of the pollutants and nutrients flowing into West Brook will be captured before entering Lake George. In addition, construction of the WBCI’s environmental park and festival space began in 2013. Scheduled for comple-tion in 2015, these features will educate, inspire, and entertain young and old alike, delivering value-added benefits to Lake protection and local businesses.

Shared investment will now provide sustaining returns in the form of a healthier Lake and a shining example of what can be achieved together.

APioneeringPartnershipSucceeds

“FromPhysicstoFish”—APartnerfortheNextGenerationDr.JeffreyShort has served as The FUND’s chief science advisor in completing The State of the Lake Report jointly with Rensselaer’s Darrin Fresh Water Institute. Dr. Short has also been instrumental in developing The Jefferson Project at Lake George, stressing the need to understand the Lake “from physics to fish” in pursuit of sustained protection. Jeff’s role in guiding research priorities of The Jefferson Project included production of two seminal scoping papers. The first provided a critical path to creating a circulation model for understanding how water moves throughout the Lake. The second paper detailed steps to constructing a food web model vital for studying the Lake’s ecological health across trophic levels and assessing competing influ-ences of chemical, physical, and biological factors. Develop-ment and application of these models will be crucial to The Jefferson Project. The FUND is indebted to Dr. Short for his tireless dedication to scientific integrity and incisive analysis of data, upon which our enduring success will depend.

FUND Trustee Dr. John Kelly with Dr. Jeffrey Short at The FUND’s 2013 Annual Meeting.

Carl Heilman on a hillside above Lake George. Photo courtesy of Carl Heilman II

entering Lake George

90% 50%ofsediments ofpollutants

over

flowing into West Brookwill be captured Before

&

Featured Partners

MoreThanWordsCanSayThrough his powerful images, CarlHeilmanII captures the singular beauty of Lake George like no one else. For everyone who cares about Lake George, even for those who have never been here, Carl’s pho-tographs show what’s now at stake. From sweeping mountain vistas to vivid close-ups of the Lake’s crystalline waters, Carl’s stunning images offer hundreds of reasons why protecting Lake George is of paramount importance. We are deeply grateful for Carl’s generosity in sharing his photos to support our work. Visit his online gallery at CarlHeilman.com.

In 2013, The FUND for Lake George continued to partner with the Lake George Land Conservancy through financial support of the LGLC’s open space protection role. Protecting natural areas and habitats is essential to safeguarding the long-term health of Lake George.

Settling ponds and restored wetlands are essential components of the WBCI.

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2013 acknowledgment of Supporters

individuals & families

Mary Jane and George AdamsKathe and Rolly AllenMaxwell and Jean AlleyAndrew and Karen AmerlingRuth AndersonKenneth and Rosemarie ArnoldTheodore and Leila ArnsteinRita ArnsteinJohn and Diane AsielJames AyersWilliam and Andrea BaldwinRoger and Glenna BallDavid BallRobert BallRobert and Elizabeth BallChristian BallantyneAndrew and Irene BaniaJohn and Ann BarberRichard BarneyRoger and Fay BarrowsLionel and Deborah BartholdCharles and Kim BartonSeddon and James BeatyNancy BeekmanVondee and David BeemanPaul and Colleen BellRussell and Jane BellicoCarl and Nancy BennetteAntranig BerberianRichard and Janet BerlsLaura and Greg BiblerGerard BielakArthur and Alison BirneyRobert BlaisDonald and Jayne BlumMichael and Kate BoardmanJohn and Louise BoomerJohn and Mara BorekCarol and Arthur BorinStuart and Sallie BowlingCharles and Kathryn BoylenWendy and Norman BradburnBetsy and John BrainardRichard and Susan BrainardGregory BraunBruno and Dorothy BraunerJudith and James BreitensteinPaul and Brenda BreslinHeidi BricknerRichard and Carol BriningRobert and Sheila BrodieRobert and Phyllis BronzoMiriam BrownBob and Maureen Buhrmaster

Peter and Cynthia BulgerDavid BulgerThomas and Patricia BurkeThomas BurleighRosamond ButlerCatherine and Dale CampbellAnna CarneyWilliam and Kathleen CaspersonCharles and Helen CastleLincoln and Nancy CathersCynthia and Keith ChamberlinJohn ChambersRichard and Alice ChaseMichael and Maureen CherubiniAlice and Robert CislerWilliam and Lynn ClarkEleanor ClarkHenry and Cheryl ClutsamTed CollinsPeter CollinsDavid and Marjorie ComstockFlorence and Brian ConnorKen and Mary CooperChris and Deborah CorbettJohn and Barbara CostasRobert and Diane CowanWeston and Shirley CowlesEdward CrabbsMichael and Deirdre CraftDavid and Shirley CraigJane CraigieWilliam CreightonKatherine and Clyde CrevelingCharles and Carla CummingDennis E. Curtis and Judith ResnickTimothy and Bobbie DahlgrenRichard and Patricia DanielsJohn D’ArcoRobert and Kristin DavidsonJames and Janet DaviesAlfred DeanaHolly and Bob DeBuysPhilip and Lenore DeflieseSally DeftyPieter and Phyllis DesmitLorraine and John DickinsonRobert and Diane DicksonCharles DolinLinda DonaldsonTom and Paula D’OrazioMary Lou DoulinWilliam and Joanne DunnHenry and Anita DupreyElizabeth Dybas

Alexis and Richard EakinWilliam EasthamRoy and Heidi EastmanDonald and Ann EberleJeffrey and Miriam EgerSheldon and Mary EisenbergRichard and Nancy ElkinDean and Nadine EllerthorpeRobert and Trisha EndBruce and Jane ErgoodRobert Ervien IIISally and William FaberPhilip and Cynthia FarbaniecDavid E. FarbmanThomas and Linda FeistMark FinkeSherwood and Betty FinleyLeo and Martha FishelJohn FlaggJohn FlickingerDavid and Jane FloydLaurence FogelsonArthur and Antoinette FranzAlfred and Suellen FranzNell FraserEmily and Paul FrederickJane FreihoferJohn and Claire FulcoTheodore FurdynaJane GabrielsBud and Toni GatesRobert and Vicki GlandonBonnie and Glenn GoldbergEly and Ann GoldsmithPaul and Lynn GollhoferChuck and Charlotte GosselinkEdman and Virginia GrayPatricia GriffithPhilip GrossAlexander GuestRobert GwirtzmanWilliam and Ruth HaaseAndrew and Judith HadjandreasRandall HahnThomas HalbachJules and Gale HalmJ. Peter and Elizabeth HansenBruce and Kim HansonJeff and Kara HaradenDavid and Susan HayesMichael and Elizabeth HayesBarrett HazeltineKaren and Sam HazletonBarbara Heenan

The powerful partnerships now being forged on behalf of Lake George must span generations as well as sectors. The FUND for Lake George has, therefore, committed to invest-ing in success for the long-term. Our dedicated and gener-ous financial partners make this commitment possible.

Knowing that the future of Lake George is at stake, Judy and I have decided to make protection of the Lake we love our principal philanthropic commitment. We want to keep Lake George as pristine as it was when the first generation of Killeens built a camp on Diamond Point in 1908—a place we now treasure as our home. It is the place where year after year we gather family and friends, the place we want to safeguard for our children and grandchildren.

We hope you will join Judy and me by investing in protec-tion of Lake George for the next generation. Especially at this time of mounting threats to our Lake, we ask that you consider becoming an LG30 member as we have. This core group of uncompromising supporters will be essential to protecting the Lake now and preserving it for the genera-tions ahead.

At whatever level you are capable of giving, your partnership as a contributor to The FUND for Lake George will make a lasting difference. Our shared investment today will ensure Lake George is protected for tomorrow. Thank you!

For details on the strategic investments already being made to convert latest science into lasting protection of Lake George—and to become a financial partner in our sustain-ing success—please contact The FUND.

Very truly yours,

the Last Word for our Lasting SuccessAHistoricopportunitytoInvest

Jeff Killeen

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18 19Beverly HeinemanBetty HeintzelmanRonald HendersonDorothy HenryPeter and Susan HermanVictor and Yvette HershaftWendy and Robert HillHoward and Margaret HinkleDave and Carolyn HoescheleJack HoffmanZachary and Shannon HooverHenry and Katrina HotchkissStanley and Janice HouseRobert and Cora HoweJohn HubbardRichard HuenerbergCarole HuntKristee IacobucciPaul and Jane IngreyRoman JaroshH. Thomas JarrettJean JelliffeHerman and Ellen JoergerSusan and Robert JohnsonStewart JonesGlenn JorgensenRobert and Carol KafinStephen KalajianJohn and Carol KanisJoel and Janet KarpC. Stuart and Melissa KelleyDorothy KennedyCatherine KindlJohn Eric KingGerald and Rose KirwinRobert and Mary KlebeSusan KleblRon and Patricia KnottGloria KochJohn KoernerAlfred and Dorothy KopfEric Krantz and Cheryl TuckerAndrew and Phyllis KreekEllen Briggs KreitlerPeter and Nancy KudanHarvey LambethDouglas LangdonJoan and Byron LaphamJudith LarterPatricia and Charles LawrenceChristopher LawrenceStuart and Martha LazarusDonald and Audrey LehnMr. and Mrs. Richard LempertPeter LeyhKenneth and Margaret LintonDenis and Pamela LusignanJohn and Amy MacionisNancy Mackay and Henry BisnerJohn and Lorraine MacKenzieJames and Diane MaharRoger and Joan MahieuPaul and Helen MallonGerald and Madeline MalovanyPeter and Susan MalteseAndrew and Joyce ManchesterAlex and Catherine ManueleRichard MartinLawrence and Louise MarwillDouglas and Evelyn MarzloffWilliam MasonJames and Annmarie Mastin

Edward and Judith MastoloniRichard and Polly MathewsJ. William and Margaret MaynardWalter and Isabel McConnellJoyce McCormacLynne and James McGillSuzanne and Paul McPhillipsRichard and Madeline MeadPeter MeyersGeraldine and Robert MiddletonVeronica MillerJoseph and Colleen MilotAlbert and Katherine MitchellAnthony and Joan MitolaVincent and Maria MongelliMilo and Judith MooreErnest and Barbara MoritzJohn and Theresa MurnaneChris and Beth NavitskyRichard Navitsky and Tanya LeinickeJeff and Andrea NoelMary and Steven NoharaDaniel and Eileen O’BrienKate O’Keefe and James FuchsRichard OliverMichael and Marie O’ReillyMark and Kimberly PacalaRobert and Carol PalandraniJohn PariseauJames S. Parlin and Elisabeth W. JoyceJoan and Blackwood ParlinLinda and Leondard ParrCynthia and Biagio PellegrinoWilliam and Susan PicotteChristopher PoppeTed and Donna PrimeCharles PucketteRobert PurrottFrank and Rosemary PusateriWilliam QuinnJudith and David QuistSteve and Kathy RamantMyron and Barbara RapaportMargaret ReidCharles and Anita RichardsElva and Frank RingJohn and Margaret RingerSusanne and Giles RittenberryKenneth and Jane RobbinsRichard RobertelloChris and Karen RobinsonDavid and Joan RockwellMary RodellCynthia RosbrookJohn and Joan RuefVirginia RyanDaniel and Dianne RyterbandFrank SalamoneCharles and Margaret SandoraRalph and Lydia SavageMargaret and Harvey SchadlerThomas and Charlene SchafferEd and Jennifer ScheiberP. Michael and Patrice SchelkunRon and Dorothy SchmidtRichard and Tymm SchumakerSteve and Debby SeaboyerJoshua ShannonDonald and Deborah ShannonRichard and Mary SharpKenneth ShepherdJohn and Janet Silliman

Frank SinatraGeorge SingerRobert SinkwayBryan SmeadPeter and Ellen SmithPaul and Nancy SmithThomas SmithRebecca Smith and Michael CoffeyCharles and Susan Jane SnyderHenry and Beth SommerPete and Heidi SpencerBetty Spinelli and Joe StanekLaura SpringerDan StarrTom and Cheryl StevensBonnie StevensJudith StockEleanor StrackRachel StraderEmil and Anita StranzlVictor and Neva StromBill and Lisa StrombergRobert and Angela StrongJohn StroughRoger SummerhayesJohn and Lee TabnerGladys TaskerChristopher and Judith TateKathleen Taylor and Donald PomplianoFrank and Nancy TetzJohn and Patricia TierneyJohn and Linda TonerKenneth TornvallCraig and Lora TreiberRobert and Beth TullyKenneth and Rosemary UlbrichtDavid and Margaret Van DyckStephanie Van RhynMartha and Kirby Van VleetMichael and Patricia VaughnGeorge VizvaryPeter and Julia VollAnn Von MehrenDavid and Ellen WagnerRichard WardwellRichard and Lisa WatkinsJohn and Kathy WeberSusan WeberMadeline WeisenfeldJeffrey and Rose WeisselJohn and Laura WernerTom and Renée WestRobert and Janet WhitakerLynn and Alfred WilsonJohn and Annis WilsonGert and Charlotte WolfangIke WolginJames and Jean WolitarskyHoward and Zoe YoumansE. Richard and Janet YulmanSherry ZiegenbalgRobert and Margaret Zone

individuals & families (continued)

LG 30

in kindBusinesses & organizations

in mem

ory offoundations & family funds

Corporate match

of employee

Contributions

Adirondack Winery

Carl Heilman II

Hannaford, Queensbury

Kenneth and Rosemarie Arnold

Lake George Baking Company

Pallets, Incorporated

Price Chopper, Lake George

Susan Weber

Town of Queensbury

Town of Bolton

Village of Lake George

Arcady Bay Estates Homeowners Association

Assembly Point Association

Caffry & Flower, Attorneys at Law

Dunhams Bay Association, Inc.

Environ. Science Club, Lake George Central School

Flower Cottages

Keeler Motor Car Company

Lakewood Homeowners Association

Los Angeles Preparedness Foundation (FEMA)

New England Interstate Water Pollution Control Commission in partnership with the Lake Champlain Basin Program

PA Medical Supply

Pilot Knob Association

Property Owners of Silver Bay

Rotary Club of Lake George

Stepping Stones Resort

The Chronicle

The Community Foundation

The Sagamore

LAWrENCEALFrEDStuart and Bonnie Rosenberg

BrADDEWEYCarl and Nancy BennetteJoan DinneenPriscilla FordyceTom and Colleen GarveyJackson and Barbara HambleyDorothy HowlandMr. and Mrs. James M. MaxwellPeggy L. Harris NoblesSusanne and Giles RittenberryThomas and Janet Weil

NANCYDELArMFoGWELLDouglas and Kim Bryant

JACQUELINEFrEIHoFErAntique & Classic Boat Society

BArBArAIMoSSIGena and Jan Lindyberg

BErTNEUMEISTErGena and Jan Lindyberg

ErICrEYNoLDSPamela BollerRoderick and Betsy HaydenEdwin C. Stevens and Janet L. HouckAbbey KocanJoe, Lucy, Philip and Jeffrey LatchumPeter and Glenda LewisHarold LufkinFrank MunoffLyman Peters and Lyn ChenierCraig and Paula ReynoldsLouise and John RourkeSteve and Debby SeaboyerR. Scott and Wendy SeveranceTimothy and Deborah Waite

Charles C. Freihofer III Advised Fund of The Community Foundation for the Greater Capital Region

Foy Foundation Advised Fund of The Community Foundation for the Greater Capital Region

Glens Falls Foundation

Higgins Family Foundation

Jenny and Rich DeMartini Family Foundation

Los Angeles Preparedness Foundation

Park Foundation, Inc.

The Knapp Fund

The Susan & Lawrence P. Brown Charitable Fund

The Timothy M. and Lisa A. Higgins Charitable Fund

The Wright Family Foundation

Willner Family Fund

GE Foundation

Gordon and Betty Moore Foundation

IBM International Foundation

BobandGingerBailey

SallyandBuddyFaulkner

HelenV.FroehlichFoundation

Georger.HearstIIIandChristineHearst

Dr.JohnE.KellyIIIandHelen-JoKelly

The Legacy Group or LG 30—one member for every year in a full generation—is comprised of individuals, families, and institutions that demonstrate an uncompromising commitment to The FUND’s Legacy Strategy through leadership financing. The LG 30 forms the nucleus of sustaining support that attracts contributions from an expanding array of investors who together share a passion for lasting protection of Lake George.

JeffandJudyKilleen

JanetKireker

CharlieandMarieKireker

HenryM.rowanFamilyFoundation

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2012/2013 Financial Summary

1. The FUND’s investment portfolio generated a net investment gain of return of $434,104 in 2013 and a net gain of $560,428 in 2012.

2. In March 2008, The FUND for Lake George purchased a conservation easement on the former Gaslight Village site in partnership with the Lake George Association and Lake George Land Conservancy.

3. The FUND for Lake George and the Lake George Association borrowed $2.1 million for the purchase of a conservation easement on the former Gaslight Village site in 2007. As of 12/31/13 and 12/31/12, the respective balance outstanding on the loan was $316,178 and $431,312.

4. The FUND’s annual operating income is maintained separately from its Investment Portfolio.

LiaBiLities 2013 2012Retirement benefit payable $1,547 $0

Due to S.A.V.E. Lake George $30,000 $0

Gaslight Village Conservation Easement3

$158,089 $215,656

Office Property Loan $435,933 $435,933

Tenant Security Deposits $1,450 $1,450

TotalLiabilities $627,019 $653,039

assets 2013 2012Cash in Bank Accounts $237,969 $289,206

Investment Portfolio1

Cash in Investment Accounts $125,200 $144,305

Marketable Securities $4,334,463 $4,082,788

Limited Partnerships $5,207 $5,311

Property and Equipment

Land $88,081 $88,081

Buildings $395,491 $393,363

Equipment/Vehicles/Software $77,920 $95,480

Gaslight Village

Conservation Easement2 $719,381 $719,381

Depreciation and Amortization -$163,091 -$162,236

TotalAssets $5,820,621 $5,655,679

operatinG inCome4 2013 2012Private Contributions $458,270 $358,063

Limited Partnerships -$104 $811

Foundation Contributions5 $491,755 $438,374

Investment Transfers6 $314,264 $529,000

Contracts $82,116 $0

Other $2,010 $0

Rental Income $18,000 $14,200

TotaloperatingIncome $1,366,311 $1,340,448

expenses 2013 2012Invasives

Prevention $53,610 $0

Treatment $178,926 $357,277

Lake Science $183,763 $43,022

Darrin Fresh Water Institute $152,000 $62,000

Program Outreach & Education $82,575 $45,541

Lake George Waterkeeper $281,805 $254,196

Restoration (West Brook Conservation Initiative)

$127,879 $128,371

In kind Transfers to LGA7 $47,033 $64,550

Administrative/General Fundraising $183,146 $132,283

Depreciation on Program Related Assets $4,453 $4,453

TotalExpenses $1,295,190 $1,091,693

how we spent your money in 2013

5. The majority of contributions from private charitable foundations is from the Helen V. Froehlich Foundation, and is provided for specific programs such as the Waterkeeper, The Jefferson Project, and invasive species prevention and manage-ment.

6. The annual distribution from the FUND’s Investment Portfolio is generally 5% of the average of the year-end portfolio values of the previous three years. In 2013, four quarterly transfers and one additional transfer was disbursed.

7. In kind transfer related to the West Brook Conservation Initiative.

The full 2013 independent audit prepared by Whittemore, Dowen and Ricciardelli, LLP of Glens Falls is available upon request. The figures above are presented in a format designed to facilitate an understanding of the sources of our revenue, the nature of our expenditures, and the financial status of our organization.

86%Programs10%Administration

4%Membership&Development

Join us in protecting Lake George

for the next generation.

“Lake George is, without comparison, the most beautiful water I ever saw; formed by a a contour of mountains into a basin thirty-five miles long

and from two to four miles broad, finely interspersed with islands,

its water limpid as crystal and the mountainsides covered with rich groves of silver fir,

white pine, aspen and paper birch down to the water, here and there precipices of rock to

checker the scene and save it from monotony. An abundance of speckled trout, salmon trout,

bass, and other fish with which it is stored, have added to our other amusements…”

–Thomas Jefferson, 1791