b'TESTIMONIALS 2022 FINANCIAL OVERVIEW2022 was an important year of investment at2022 EXPENSES Heritage Conservancy, as we reinvigoratedProgram Services$2,031,112 both program and fundraising activities afterManagement and General$336,079 two years shaped by COVID-19. Fundraising$654,527 DepreciationInterest in land preservation increased comingDepreciation and Other$122,992and Other 4%out of the pandemic and, in response, we TOTAL EXPENSES$3,144,710Programaccelerated our efforts to engage landownersServices 64%toward preservation agreements. To fund this increased level of activity, we used a combi- Fundraising 21%nation of current revenue plus funding still available from gifts raised in previous years.Management We also invested in strengthening our fund- and General 11%raising efforts by bolstering the team who work with youour donors, without whose generosity we could not do our workand2022 INCOME invested in new systems to plan and trackHistorical and Landour activities and help us grow the universe Planning Services$206,854 of donors supporting our work. As a result,Grants and Contributions$1,023,855 Fundraising Expenses were higher in 2022 than normal, both in dollars and in percentageRental Income$509,190Other of total expenses; we expect this investment toOther Income$258,324Income 13% Historical andLand Planningpay dividends for our mission going forward. TOTAL INCOME$1,998,223Services 10%We are grateful to all of our donors and look forward to your partnership as we grow this enterprise, for the benefit of the people andRental Income 25%lands of our community.Grants andContributions 52%We couldnt have accomplished anyof this without our 2022 supporters! BUSINESSES AND $10,000+ Pennsylvania Department of $1,000+PUBLIC PARTNERS Bucks County Conference & Visitors Bureau, Inc.Environmental Protection Blue Haven PoolsC&N Banking, Lending, and Wealth Management Pennsylvania Horticultural Society Byers Choice Ltd.$200,000+ Dow Chemical Company Team Toyota Clemons Richter & Reiss, PCPenn Color, Inc. Lehigh Valley Community Foundation The Thompson Organization County Builders Inc.National Wildlife Federation Warren Weiss Insurance Agency, Inc. Doylestown Health$100,000+ Plumstead Acquisitions, LLC WeConservePA Eastburn and Gray, P.C.William Penn Foundation Worth & Company, Inc. Feeneys Wholesale Nursery, Inc.Zaveta Custom Homes, LLC $2,500+ George Nakashima Woodworker S.A.$50,000+ Ally Financial Inc. Gilmore & Associates, Inc.Environmental Protection Agency $5,000+ Bucks Digital Printing Hatfield FloristBucks Country Gardens Dear Garden Associates, Inc. Johnson & Johnson Family of Companies$20,000+ Cross Keys Development Company Holly Hedge Estate Langan Engineering & Environmental ServicesJeffrey A. Miller Catering Company Delaware River Greenway Partnership, Inc. The M&T Charitable Foundation M&T Wilmington TrustRalph C. Fey AIA Architects, PC Foundations Community Partnership Mid Penn Bank Malone Mechanical, LLCFox Rothschild LLP National Audubon Society New Age Industries$15,000+ Fulton Bank Penn Community Bank NJM Insurance GroupFred Beans Family of Dealerships National Wildlife Federation Solid Products NRGUnivest - Banking, Insurance, Investments15'