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Message An Interview with Jim Waltman reflecting on his Twenty years Leading The Watershed InstituteOur Environment, Our Responsibility2025 Annual Impact ReportA special edition of WellspringAn interview with Jim Waltman reflecting on his 20 years leading The Watershed Institute

Our Environment, Our Responsibility In 2025, The Watershed Institute is rising to meet one of the most critical environmental and social moments in our history. As federal climate policy faces sweeping rollbacks and environmental protections are dismantled, we are doubling down on our mission to safeguard New Jersey’s land and water. But The Watershed Institute is no stranger to ghting environmental challenges. In 1949, long before there was a United States Environmental Protection Agency (USEPA) or a New Jersey Department of Environmental Protection (NJDEP), our organization was forging strategies to protect New Jersey’s water and land for future generations. This report outlines the actions we are committed to taking, the impact we aim to achieve, and our unwavering dedication to clean water, healthy watersheds, and the values of justice, equity, diversity, and inclusion (JEDI). This year Jim is celebrating his 20th anniversary at The Watershed Institute. For this report, he has agreed to an interview where he will share his reections on the past two decades and his thoughts for the future of this unique organization. Barbie is completing her nal year as the Watershed’s Board Chair this year. She has served as a Trustee for a total of fourteen years (2007–2015 and 2019–2025), including four years as Chair of the Board of Trustees, from which she will be stepping down in June 2025. We are very grateful for the nancial support of so many individuals, foundations and other institutions that continue to make the Watershed’s efforts possible and very proud of the organization’s achievements in conservation, advocacy, science, and education that we have accomplished together. Barbara Grifn ColeBoard ChairJim WaltmanExecutive Director

90 additional acres of land protectedLeadership on the Release of NJ PACT30,312 people visited the Watershed Center4,522 students participated in Watershed ProgramsTree Frog Trail Play Area OpenedWe had the largest number of campers ever – 476 individualsWe lled 896 weeklong camp slots and 212 of them on scholarshipThanks to 598 volunteers, 7,761 pounds of trash were collected during stream cleanups Our program attendees experienced 37,758 Hours of “joy in nature”Standing Strong in the Face of Challenges 4Climate Change is Real 6Local Actions Matter More Than Ever 8Climate Change Education Across New Jersey is Vital 12Looking Ahead: Our Vision for 2025 and Beyond 14Donors 16Financials 312024 HighlightsAN INTERVIEW WITH JIM WALTMAN reflecting on his 20 years leading The Watershed InstituteInterview by Donna Gregory, Senior Manager of Communication and Marketing2025 Impact Report | 3

Standing Strong in the Face of ChallengesLIFE AT THE WATERSHEDAs the sun lters through the trees surrounding The Watershed Institute, I sit down with Jim Waltman, the Watershed’s Executive Director who has dedicated two decades to the organization. His charisma and enthusiasm for environmental advocacy are palpable as he reects on his journey and the evolution of environmental advocacy in New Jersey. He is surrounded by souvenirs and memorabilia from all the causes and battles he has led in his 35-year quest to save the earth. THE CALL TO ADVOCACYWaltman begins by recounting his early days at The Watershed Institute. “When I arrived here,” he says, “I encountered resistance to the word ‘advocacy’ among some of our staff. They felt that advocacy was something for other, more political, groups; some thought our role was to be more like city planners than advocates.” He smiles, remembering how he shook things up by insisting on an assertive stance. “The goal is to steer the ship, not just ride along. An advocate is someone who navigates the path to change—someone committed to a mission that improves the earth and the lives of its inhabitants.” That’s classic Waltman. Passionate, unapologetic, and laser-focused on impact. His transition from a Capitol Hill lobbyist to a grassroots leader was fueled by a desire to have a tangible impact in the place he called home. “In Washington, I was working to protect places I’d rarely or never seen, often thousands of miles away,” he says. “Meanwhile, my daughter didn’t understand that the polar bears I was trying to save lived in Alaska and not at the National Zoo.” He shakes his head, with a little smile on his face. “That was a wake-up call. I realized I wanted to ght for this place—the place where I’ve lived most of my life.” WATER-RELATED ENVIRONMENTAL ROLLBACKS IN 2025REVOCATION OF ENVIRONMENTAL GRANTS – Billions of dollars in environmental grants face revocation. under new EPA leadership. This would jeopardize projects focused on climate resilience, pollution control, and community education.DIMINISHED ENVIRONMENTAL OVERSIGHT – reduction in the scope of environmental reviews and limits to the inuence of scientic research in policymaking.SUPPRESSED CLIMATE SCIENCE – key climate research programs canceled, climate data deleted from government websites, scientists dismissed from the Department of Agriculture and NOAA.4 | The Watershed Institute

INTEGRATION FOR IMPACTAs we delve deeper, Waltman highlights the signicance of organizational integration. “When I started here, the programs were excellent, but the synergy was lacking. There were days when it felt like we had four distinct organizations operating in silos,” he explains. I wanted to build teams of scientists, advocates, educators, and land stewards but also have their efforts integrated with one another.This integration didn’t come without its challenges. “We faced immense obstacles, from economic downturns that required difcult decisions to combatting development threats that were literally in our back yard.” His voice conveys the strain of navigating such turbulence, especially during the nancial crash of 2008 that hit just after the Watershed launched a major capital campaign for its LEED-Platinum environmental center. “Some people suggested putting that project on hold, but this vision was too important to set aside, it was critical that we soldier on,” he asserts, showcasing a relentless drive to push forward despite adversity. WALKING THE WALK Opened to the public in 2015, the Watershed Center for Environmental Advocacy, Science, and Education was transformational. The Center provided space for the Watershed’s staff to work alongside one another, a modern laboratory to dramatically elevate the rigor of our science, interactive exhibits that teach visitors about watersheds and clean water, and gathering spaces for larger programs. Perhaps most importantly, the Center features water and energy conservation and management features that serve as a platform from which to teach municipal leaders, environmental engineers, advocates, students, and educators. “The goal is to demonstrate viable and replicable solutions to problems like polluted stormwater runoff,” he explains.MAJOR MILESTONES FOR THE WATERSHED INSTITUTE DURING WALTMAN’S TENURE• Secured Category One protections for the Stony Brook, Back Brook, and Jacobs Creek• Secured adoption of the New Jersey Fertilizer Law and Clean Stormwater & Flood Reduction Act• Stopped the PennEast pipeline• Expanded the Watershed Reserve by 130 acres• Preserved hundreds of acres of additional lands that were proposed for development• Removed the Weston Mill Dam from the Millstone River• Launched the New Jersey Watershed Watch Network• Launched the StreamWatch Schools Program• Secured adoption of new Municipal Stormwater Rules and the Inland Flood Protection Rule• Launched the annual New Jersey Watershed Conference, which attracts 300+ participants• Created the LEED-Platinum Watershed Center, Hickory Loop Boardwalk, and Tree Frog Trail play space• Changed the name and brand of the organization and expanded its mission• Increased the organization’s endowment from $1.5 to $19 million2025 Impact Report | 5

Climate Change is RealNAVIGATING CLIMATE CHANGEAs the conversation shifts to climate change, Waltman expresses grave concern but also determination. “Climate change is no longer a distant threat; we see its effects right outside our door every day,” he states. The urgency is clear in his message. “Climate change isn’t coming—it’s here. We see it in our ooded basements and scorching summers,” he says. “People get overwhelmed thinking it’s too big to tackle. But if you give them something real to do—plant a tree, test a stream, speak at a town meeting—that’s where the magic happens.” “We need to empower our communities to take bold steps,” he says, his voice rising with conviction. “Towns have a lot of authority to make themselves more resilient to climate change. The challenge is to build the knowledge and the political support to act on things like updating stormwater mitigation requirements for developers. It’s not just about awareness; it’s about turning that awareness into action.” THE ESSENCE OF STANDING STRONGWaltman leans back in his chair, reecting on what it means to stand rm in his values. “Standing strong means having a consistent set of values and serving as the environmental conscience of our region,” he begins thoughtfully. He recalls the early days of his tenure at the Watershed when he faced a signicant challenge. “A corporation in the region had proposed an expansion of its facilities that didn’t align with our mission. The company was a loyal supporter of our work, but it was important to voice our concerns.” In a pivotal moment, Waltman attended a planning board meeting with a list of concerns that needed to be addressed. “To some, it seemed like a bold move—after all, they were a funding partner. But it was crucial to articulate our stance,” he explains emphatically. Waltman continues, “It’s about being consistently rm. You don’t have to be strident or confrontational.” As he speaks, his commitment to ethical leadership shines through, illustrating the delicate dance between standing rm and seeking collaboration. “Throughout that summer, we reached compromises—we didn’t win everything, but we didn’t lose everything either. It was about laying a foundation of clarity on how this organization would operate under my leadership,” he reects, underscoring the importance of setting a strong precedent. Waltman’s narrative is peppered with stories of local successes that showcase the impact of grassroots advocacy. “Every time a local town adopts an ordinance, or a school engages kids in environmental projects, or we preserve a patch of forest, or an old dam is removed from a river, we’re chiseling away at the problem bit by bit,” he explains. One memorable initiative emerged when local schoolchildren spearheaded a campaign to ban plastic bags in Hopewell. “Their passion was infectious. They took their handmade posters to town meetings and spoke with authority and enthusiasm. That energy became the catalyst for change.” Waltman smiles as he recalls those moments. 6 | The Watershed Institute

A CHALLENGING POLITICAL CLIMATEThe conversation shifts as he notes, “Right now is a gut-check moment. The federal administration poses a serious threat to our mission and potentially our funding. We could choose to cower and hope to remain invisible, but what good would that do?” Waltman emphasizes the necessity of commitment to values over the temptation to retreat in uncertain times. “It’s essential to stay strong and do what’s right, even if it’s unpopular. Our mission and values have guided us for 75 years, and we cannot lose sight of them,” he asserts passionately, showing the resilience that embodies his approach to leadership. As we discuss the current political and social climate, Waltman acknowledges the rapid changes and challenges facing environmental organizations today. “The political landscape can feel like a battleeld. We are seeing aggressive attempts to roll back environmental protections and cripple advocacy organizations while misinformation spreads rapidly.” he says. “Our work has never been more urgent. We have to adapt and innovate, and we’re doing that by focusing on solutions at the state and local level that promote resilience and sustainability.” CLIMATE CHANGE IMPACTS ON NEW JERSEYNew Jersey is already feeling the effects of climate change: intensifying oods, rising sea levels, record-breaking heatwaves, devastating droughts and life-threatening wildres. The rollback of protections only deepens these challenges.RISING TEMPERATURES:INCREASED AVERAGE TEMPERATURES: Over the past century, New Jersey’s average temperature has risen by approximately 2.9°F, leading to longer, hotter summers and shorter, milder winters. URBAN HEAT ISLAND EFFECT: Urban areas, such as Trenton experience elevated temperatures compared to surrounding regions due to factors like reduced vegetation and heat-retentive surfaces. INTENSIFIED FLOODING:COASTAL AND INLAND FLOODING: Sea-level rise and increased heavy rainfall events have led to more frequent and severe ooding in both coastal and inland areas.PROPERTY RISKS: Approximately one in ten homes in New Jersey faces signicant ood risk, affecting both coastal and inland communities.PUBLIC HEALTH CHALLENGES:HEAT-RELATED ILLNESSES: Rising temperatures contribute to more severe heatwaves, increasing the incidence of heat-related illnesses, particularly among vulnerable populations such as the elderly and economically disadvantaged. AIR QUALITY DETERIORATION: Higher temperatures can exacerbate air pollution, leading to respiratory and cardiovascular health issues. ECOSYSTEM DISRUPTIONS:WETLAND LOSS: Sea-level rise threatens coastal wetlands, impacting habitats for species like blue crabs and various sh that rely on these environments. SPECIES VULNERABILITY: Approximately 29% of New Jersey’s bird species are vulnerable to climate change, affecting biodiversity. WATER RESOURCE CONCERNS:DROUGHT CONDITIONS: The northeastern U.S., including New Jersey, has experienced record dryness, affecting water reservoirs and ecosystems, and necessitating changes in water usage behaviors. INCREASED WILDFIRE RISK:DROUGHT-INDUCED FIRES: Extended drought conditions have heightened the risk of wildres in the Northeast, with New Jersey implementing controlled burns to mitigate potential outbreaks. 2025 Impact Report | 7

Local Actions Matter More Than EverNEW JERSEY’S UNIQUE ROLE “Thanks to the efforts of the Watershed and our allies over the years, New Jersey has many of its own environmental laws that are generally stronger than federal ones.” Jim adds “Much of our advocacy is geared towards updating the regulations that implement those state laws to create stronger tools that protect water, clean up pollution, and make our communities more resilient in the face of climate change. ““Even better, many of N.J.’s state laws and regulations provide opportunities for municipalities to adopt their own local ordinances that are even stronger than the state measures. We work closely with municipalities to help them adopt stronger environmental protections. Often when one town does so, their neighbors will eventually follow.”Waltman believes that local governments play a crucial role in combating climate change, especially in a state like New Jersey where the population density and industrial activity create unique challenges. “If we demonstrate what can be done at the local level, we set a powerful example for others to follow,” he shares, noting instances where towns across the state have taken initiative to adopt green infrastructure practices. Working with towns to implement environmental restoration measures gives Waltman hope for the future. His reections on two decades at The Watershed Institute underscore a commitment lled with hope and determination—to protect the state’s natural resources and empower local communities in the face of environmental challenges.In 2024 we engaged 2,071 people in River-Friendly programs plus 150 who became River-Friendly residents.8 | The Watershed Institute

HARNESSING COMMUNITY ENGAGEMENTWaltman highlights the importance of community engagement as a cornerstone of The Watershed Institute’s mission. “Community involvement isn’t just benecial; it is vital for our success,” he says. He notes how The Watershed Institute has developed programs that bring people together around shared actions, like stream monitoring, and shared goals, such as improving water quality and preserving local habitats. “We’re not just advocating for change; we’re inviting everyone to be part of the solution,” he emphasizes. This grit helped turn The Watershed Institute into one of the region’s most dynamic environmental forces—a place where kids learn to test water quality in their local streams, where scientists collect data that shape real policy, and where towns get help banning plastic bags or installing rain gardens. SETTING A NEW STANDARD: THE WATERSHED INSTITUTE LEADS REGIONAL COLLABORATION TO PROTECT THE STONY BROOKIn a major stride toward regional environmental stewardship, The Watershed Institute has united four Mercer County municipalities—Hopewell Township, Lawrence Township, Pennington Borough, and the Municipality of Princeton—in a groundbreaking initiative to develop a regional watershed management plan for the Stony Brook.This collaborative effort, which The Watershed Institute has facilitated since 2022, with the support of the Mercer County Planning Department, represents a model for effective watershed protection statewide. The Stony Brook begins in Hunterdon County and winds through each of the four partner municipalities. As portions of these towns drain into Stony Brook, they contribute to stormwater runoff—driving ooding and water pollution. Recognizing that water doesn’t stop at municipal borders, these communities have committed to a unied, science-based strategy to improve water quality, manage ooding, and boost resilience in the face of climate change.The initiative is a product of years of strategic dialogue and relationship-building, supported by The Watershed Institute’s leadership and a high priority of our 2023 5-year Strategic Plan. From hosting regional meetings to leading technical discussions, The Watershed Institute has created a foundation of trust and shared purpose that has allowed municipal leaders to think and act beyond their individual boundaries.The statewide Watershed Conference hosted in 2024 by The Watershed Institute spotlighted regional solutions such as green infrastructure, rain gardens, and oodplain restoration. The Watershed is also spearheading watershed planning initiatives in the Assunpink and Lower Millstone Watersheds.NJ’s Salt Watch volunteers collected almost 1,100 chloride measurements from more than 300 sites on 162 waterbodies across New Jersey.2025 Impact Report | 9

ADVOCACY IN ACTIONThe Watershed Institute’s policy team continues to drive forward meaningful change across New Jersey, advocating for stronger environmental protections, better stormwater management, and resilient land use practices. In 2024, our work directly inuenced municipal ordinances, state regulations, and grassroots engagement—strengthening the state’s response to climate challenges.STRONGER STORMWATER ORDINANCES FOR SAFER COMMUNITIESIn 2023, we released the Enhanced Stormwater Management Ordinance 2.0, a model ordinance that builds on New Jersey’s baseline DEP requirements to help municipalities more effectively manage increased rainfall and runoff.• Adopted by Sustainable Jersey as one of two approved models• Actively promoted to municipalities throughout 2024• Incorporated by multiple towns to reduce localized ooding and water pollution“We’re not just responding to storms—we’re preparing for them.” — Michael Pisauro, Policy DirectorPUBLIC SUPPORT DRIVES POLICY MOMENTUMWhen New Jersey proposed the Resilient Environments and Landscapes (REAL) Rules, The Watershed Institute helped galvanize public support for this critical step in climate adaptation.• 21 organizations joined our coordinated advocacy campaign• Over 650 constituents contacted the Governor urging rule adoption• 259 individuals submitted public comments to DEP in support of the ruleThese rules, due for adoption in August 2025, which are under attack by special interest groups, would modernize protections for wetlands, stream corridors, and oodplains statewide.Scan here to support protections against ooding in New Jersey10 | The Watershed Institute

RESTORING NATURAL BUFFERS TO MANAGE FLOODINGWe continue to prioritize streamside restoration as a frontline defense against ooding and erosion. Vegetative buffers—trees, shrubs, and deep-rooted grasses—slow stormwater, stabilize streambanks, and enhance water quality.“Most streams in New Jersey are lined with lawn. When we restore buffers, we’re letting nature protect us as we protect nature.” — Lucia Middleton, Community Water AdvocateLEADING BY EXAMPLENew Jersey continues to set national precedents in environmental protection. From wetlands regulation to PFAS standards, the state often leads where others follow—and The Watershed Institute plays a critical role in shaping those policies. Our work is grounded in science, driven by community, and focused on the future. With continued support, we will keep ghting for clean water, safe communities, and a resilient New Jersey.As we look toward 2025, our top advocacy priorities include: • Supporting nal adoption of the REAL Rules • Expanding municipal adoption of enhanced stormwater ordinances • Advancing watershed-based planning frameworks • Scaling green infrastructure maintenance education “Thank you for your ongoing ght to stop Bridge Point West Windsor, LLC warehouse project in court and elsewhere.” — Tirza Wahrman Mitlak 2025 Impact Report | 11

Climate Change Education Across New Jersey is VitalSPOTLIGHT ON EDUCATIONEducation is a key thread woven through the fabric of The Watershed Institute’s identity. “Everyone at the Watershed is an educator,” Waltman remarks. “We all have a responsibility to share knowledge and inspire others,” he insists. One memorable project that exemplies the impact of our education program is The Watershed Academy, a program designed to educate high school students about environmental science and advocacy. Waltman recalls some of the transformative experiences of students who participated: “Many of them come in feeling overwhelmed by climate change and environmental degradation. By the end, they’ve transformed their anxiety into action, often exclaiming, ‘I can make a difference!’ We really try to promote agency and empowerment.” COMMITMENT TO JUSTICE, EQUITY, DIVERSITY, AND INCLUSIONWaltman expresses pride in the commitment that the Watershed has made to advancing justice, equity, diversity, and inclusion. “As we’ve grown, we’ve thought very carefully about where we do our work, with whom we partner, and how we dene our constituencies.” We broadened our geographic focus to include parts of the Delaware River Watershed and specically the greater Trenton area, the city of Trenton and the surrounding suburbs, which are much more diverse than the Stony Brook Watershed. ”Among its recent initiatives, the Watershed has dramatically expanded its programming with the Trenton schools, increased the number of children that receive free tuition and bus transportation to attend its Watershed Nature Camp (thanks to support from institutional and individual donors), and added stream monitoring locations in greater Trenton to its StreamWatch program.” He elaborates, “To engage effectively in these communities, we needed to dedicate ourselves to understanding the specic needs and the historical injustices they’ve faced.” He mentions the pervasive problem of lead contamination in Trenton—a challenge that requires long-term commitment from the government to address. “The impact of lead on children is staggering; cleaning it up is incredibly daunting but critical for community health,” he stresses. “As we transitioned from the Stony Brook-Millstone Watershed Association to The Watershed Institute, we have also become more cognizant of issues affecting communities around the state.” This commitment to equity has shaped not only the organization’s mission but its identity as a whole, with Waltman noting that personal inuences have also played a role. “Having two adult children who are passionate about both the environment and social justice has opened my eyes further. If we are to continue to thrive, the Watershed needs to be a place that today’s young adults and future generations are excited to be part of—as staff, volunteers, and supporters,” he adds. 12 | The Watershed Institute

The Watershed Institute continues to be a leading force in helping New Jersey educators implement the state’s climate change education standards, adopted in 2020. Through initiatives like the Rider SELECT program, a partnership with Rider University and our own StreamWatch Schools Teacher Academy, the Watershed’s scientists and educators equip New Jersey’s teachers with scientic background, curriculum tools, and real-world data to condently teach climate topics across disciplines. Hundreds of educators have been trained through conferences, online courses, and hands-on experiences—support that has a ripple effect on thousands of students statewide.Core components of the Watershed’s climate education programs include localized data analysis, classroom activities, mindfulness in nature, and interdisciplinary learning. These programs have enhanced environmental literacy and increased student engagement with climate issues, especially in urban and underserved communities. Educators note stronger student understanding and interest in environmental stewardship, with many students expressing awareness and concern about climate change.The Watershed Academy for High School Students, an immersive, hands-on summer program, has sparked student-led advocacy and inspired career paths in environmental science. Alumni return as interns, fellows, and program assistants, demonstrating long-term investment in environmental leadership.Situated on a 950-acre nature reserve with a LEED-Platinum Watershed Center, the Watershed uses its facilities as an educational resource, offering immersive experiences that deepen public appreciation for sustainable practices and watershed health. Plans to expand programming around green infrastructure and solar energy reect ongoing efforts to link site features with community learning. TRAINING THE NEXT GENERATION OF GREEN INFRASTRUCTURE STEWARDSGreen infrastructure is only as effective as its maintenance. That’s why we partnered with Sustainable Princeton to expand training for landscape professionals who manage stormwater systems.• Outreach to landscaping companies• Workshops and resources to ensure proper care of rain gardens, bioswales, and more• Ensuring long-term function and reliability of municipal stormwater systems• Presenting in Spanish“I have become more interested in Green Infrastructure and would like to learn more about it. Currently I am seeking to get an undergraduate degree in Civil/Environmental Engineering” — Katia, former participant of Watershed Nature Camp and Watershed Academy for High School StudentsSince January 2024, the Watershed has provided professional development to more than 150 educators through ANJEE, NAAEE, Project WET, Rider SELECT and NJ Science convention. We also trained more than 50 teachers to participate in Stream Watch Schools student stream monitoring program. Just image how many students this will impact!2025 Impact Report | 13

LOOKING AHEAD WITH HOPE AND GRATITUDE Waltman reects on his time at The Watershed Institute and the journey ahead. “I never expected to be here for twenty years, but it’s become my life’s work.” Waltman adds, “This work is not just about preserving nature; it’s about creating a livable world for future generations—a future rooted in stewardship, sustainability, and community.” He recognizes the shifts that have occurred during his two decades at the helm, expressing gratitude for the hard work and dedication of the staff at The Watershed Institute. “Our staff inspire me daily. If you’re not hopeful in this eld, it would be hard to get out of bed in the morning. We’re not just surviving; we’re witnessing the restoration of our environment.” “The engagement of young people is a beacon of hope. Their passion to create change is palpable. They genuinely want to save the world, and they’re seeking the tools to do so.” Waltman recalls specic milestones over his years of service—each reecting a commitment to sustainability and community engagement. “Whether it’s preserving forests, implementing rain gardens to combat polluted stormwater runoff, or the proud moment that the Weston Mill Dam was removed from the Millstone River to restore habitat for American shad, each action contributes to a larger narrative of recovery and resilience.” Looking Ahead: Our Vision for 2025 and Beyond14 | The Watershed Institute

A VISION FOR 2025 As we approach the topic of future goals, I ask him about one bold aspiration he hopes to see realized by 2025. One goal is the adoption by NJDEP of the so-called REAL Rule, a package of reforms that the Watershed has been advocating for more than a decade. ”The concept is bold but simple,” he explains, “let’s have leading scientists make their best estimates of how our climate will be different at the end of the century and use those projections as our measuring stick for regulating land uses today. Let’s use the best forecasts for the size of rainstorms, the width of ood plains, and rise of sea levels in the year 2100 and require developers to build to those expectations.”“We need to make sure that we don’t build homes and businesses in areas that will be under water in the years to come. Likewise, we need to make sure that today’s developments don’t cause ooding downstream.” Waltman’s spirited vision encompasses not just the physical restoration of the environment but an ongoing commitment to build an ethic of environmental awareness and stewardship by connecting people to the natural world through engaging education programs and community science initiatives. “Engaging more communities, assessing our programs through the lens of JEDI, and working collaboratively are integral to our approach moving forward,” he emphasizes. And with that, he stands, the sun picking up the bright white Watershed Institute logo on his eece pullover. Jim Waltman is a force of nature. And he’s not done yet. A LEGACY OF HOPE As our interview draws to a close, it’s clear that Jim Waltman embodies the values he espouses. His steadfast dedication to environmental stewardship and social equity is reected in every aspect of The Watershed Institute. His leadership isn’t merely a role; it’s a mission grounded in purpose and passion. “Together, we can tackle every challenge we face. The power lies in our collective action, our shared values, and our unwavering commitment to nurturing both our environment and communities,” he concludes, encapsulating the spirit of hope that permeates The Watershed Institute. With that, I stand up to leave, energized by the conversation and inspired by Waltman’s vision. The future holds challenges, but with leaders like him paving the way, there is condence that positive change is not only possible but inevitable.ADVANCING SCIENCE TO PROTECT CLEAN WATERThanks to your support our statewide stream monitoring program, led by Erin Stretz, Assistant Science Director, continues to drive meaningful statewide impact through the New Jersey Watershed Watch Network. Programs like NJ Salt Watch are empowering communities to monitor and respond to rising salt contamination in our streams and drinking water. This is community science with real-world consequences, safeguarding public health and natural resources across New Jersey.PRESERVING AND CARING FOR THE LAND YOU HELP PROTECTYour generosity makes permanent conservation possible. This past year, we helped preserve a critical 90-acre forest in Princeton, building on years of advocacy and adding to hundreds of acres we’ve protected. At our 950-acre Watershed Reserve, your support is restoring native habitats, building trails for future generations, and ensuring long-term stewardship through a new $1 million endowment from an anonymous donor. Every acre we protect is a testament to what donors like you make possible.IN 2024, 800 VOLUNTEERS PARTICIPATED IN WATERSHED PROGRAMS. 1,050 HOURS WERE SPENT ON LAND STEWARDSHIP.SCAN HERE TO READ OUR CLEAN WATER REPORT CARD2025 Impact Report | 15

2024 DonorsWe gratefully acknowledge all the donors and partners who support our mission. Without you our work protecting clean water would not be possible. The lists below represent donations received between January 1, 2024 and December 31, 2024. We appreciate all our supporters, and donations of any size are crucial to our success. A complete list of donors can be found on our website. A special thank you to our loyal donors who have provided long-time support to The Watershed Institute.Donors 25 plus years Donors 20 plus years Donors 15 plus years Donors 10 plus years River Advocate | $10,000 - $24,999 Ashley & George Aitken-Davies Mary & Gerard Brophy and the Brophy Family Fund within the Raymond James Charitable Endowment Fund Dawn & Matthew Drago Alix Gerry Stephanie & Bob Harris and the Harris Family Fund of the Princeton Area Community Foundation Carolyn & John Healey and The Ryan Family Foundation Hella & Scott McVay and The Hella and Scott McVay Fund of the Princeton Area Community Foundation Alicia & Kevin Merse and the Kevin and Alicia Merse Charitable Gift Fund of Fidelity Charitable Christina, Andrew, Chase & Reese Overman and The Overman Family Charitable Fund of Schwab Charitable Michelle & Richard Preston and the Preston Family Fund of Schwab Charitable Jacqueline & Thomas Rooke and The Charles Foundation Marc Samuels and the Samuels Family Fund of Fidelity Charitable Shefali Shah & Chris Boerner Janine & Ari Soroken Ed SprolesJessica Sumski & Chris Weber Gail Ullman and the Richard & Gail Ullman Charitable Fund of Fidelity Charitable Treby Williams & Chris Kuenne and The Olivia & Leslie Rainbow Fund of the Princeton Area Community Foundation Susannah Wise Individual Donors Clean Water Champion | $25,000+ Anonymous Anonymous Anonymous Anonymous Anonymous Anonymous The Canaday Family Charitable Trust Helen Cannon and The Helen R. Cannon Charitable Fund of the Glenmede Donor-Advised Fund program Barbie & Chris Cole and The Grifn-Cole Fund Julie Fox & Albert Gates and the Greenview Ecology Fund of Fidelity Charitable Meg & Tom Gorrie and the Gorrie Family Foundation of the National Philanthropic Trust Laura & Alex Hanson and the Hanson Family Charitable Fund of Fidelity Charitable Glenn & John Helmers and a donor-advised fund in the J.P. Morgan Charitable Giving Fund Margaret Sieck & Bob Baldwin and The Baldwin-Sieck Family Fund of the Princeton Area Community Foundation Winifred Spar Maria & Eric Wimmers and The Wimmers Foundation of Morgan Stanley Gift With support from the Pisces Foundation, we’re tackling polluted stormwater runoff and ooding in the Assunpink Watershed—by engaging with the community to bring cleaner waterways and greater climate resilience to the Trenton area.16 | The Watershed Institute

Stream Saver | $5,000 - $9,999Katherine Adams & Forwood Wiser III & and the Ramsay Leatherman Cloud Fund of Schwab Charitable Barbara Baumecker Lorraine Besch and the William L Gibson Fund of the Community Foundation of New Jersey Susan & Marc Brahaney and the Brahaney Family Fund of Schwab Charitable and the Robichaud Fund of the Princeton Area Community Foundation Barbara & Edward Bromley Colleen & James Cosgrove and the Cosgrove donor-advised fund of Schwab Charitable Eve Coulson & Nelson Obus Sophie & Curtis Glovier and the Curtis and Sophie Glovier Family Foundation of Fidelity Charitable Margaret Grifn & Scott Sillars and the Margaret Grifn and Scott Sillars Fund of the Princeton Area Community Foundation Carol Hanson Archer & Tom Harvey and the Emily and John Harvey Fund of the Princeton Area Community Foundation Kestrel Fund of the Princeton Area Community Foundation Betsy & Tod Peyton Dionne & Alan Polk Angela & Mike RodgersLaura Strong & Eric Dutaud and the Strong Dutaud Fund of the Princeton Area Community Foundation Mrs. Charles C. Townsend Jr Louise & Clifford Wilson and the Currey Wilson Family Fund of Fidelity Charitable Nicole & Ryan Ziegler and the Ziegler Family Charitable Fund of Schwab Charitable Lake Leader | $2,500 - $4,999Anonymous Karin & Rodney Belgrave Kathleen & Jay Biggins and the Biggins Family Charitable Fund of the Princeton Area Community Foundation Lisi Bromley and the Dougin Family Foundation Inc. Franta Broulik Cheryl Cerankowski Wendy Clarke Elliot Cohen David Crisanti Tracy & Dan Dart and the Daniel and Tracy Dart Charitable Gift Fund of Schwab Charitable Landy & Peter Eaton Deepak Kapila Annarie Lyles & Andrew Dobson and the Dobson Family Fund of the Princeton Area Community Foundation Amanda Maher & Amar GautamLeslie & Kevin Kuchinski and the Kuchinski Family Giving Fund of Fidelity Charitable Kathleen & George Nash Karolin & Rene Obregon Karen O’Connell & Patrick McDonnell and the Patrick McDonnell and Karen O’Connell Fund of Fidelity Charitable Susie & Steve Paneyko Carolyn & George Sanderson Lorraine Sciarra Inez & Dick Scribner Patricia Shanley & Christopher Barr Kathleen & Peter Tovar Jean & Kevin Ulkloss and the Ulkloss Family Charitable Fund of Fidelity Charitable Janet & Daniel Van Abs Jasper Van Der Ree Louise & John Wellemeyer Sally Wells Philip Wey Myra & Van Williams 2025 Impact Report | 17

Pond Protector | $1,000 - $2,499 Anonymous Anonymous Carolyn & James Barnshaw Mary & Jon Baum Danielle Bentsen & Shawn Sieler Merrill Biancosino Meryl Bisberg & Dane Cochran and the Meryl Bisberg/Dane Cochran Philanthropy Fund within the Raymond James Charitable Endowment Fund Mary Blair and The David H. and Mary B. Blair Charitable Fund of Vanguard Charitable Sheila Bodine Jane & Ted Boyer Susan & J. Douglas Breen Eileen Bruns & Christine Newman Hui Cao & John Weihe Anne & Richard Catena Victory & Ted Chase Jr Lori & Neil Citrone Samantha & Frank Condon David Crane Surabhi Dangi-Garimella & Tushar Garimella and the Garimella and Dangi Family Fund of the Princeton Area Community Foundation William deCamp Jr and the William deCamp Jr Fund of the Community Foundation of New Jersey Caitlin & Ross Dodd Jennifer & Jack Donners Jennifer & Mark Duffy Kathy Easton & Roger Suttmeier Eugenia Erlij & Andrew Brodey and the Andrew Brodey and Eugenia Erlij Charitable Gift Fund of Fidelity Charitable Wendy Pierce Evans & Larry Evans and the Larry A. Evans Fund of Fidelity Charitable Joanna & Clem Fiori Eve & Herbert Foster Jr Kathy Gaffney Gael & Frederick Gardner and the Fred and Gael Gardner Fund of the Princeton Area Community Foundation Shauna & Chris Gerry Wendy Golden & Steven Back Rebecca & John Grifth Debbie & Ed Gwazda Monica Hamilton & Chris ArneSusanne Hand & David Kinsey Janet Haring Natalie & George Hawkins Kathy Hempstead & Andrew Haughwout and the Katherine Hempstead and Andrew Haughwout Fund of the Princeton Area Community Foundation Cynthia Hillas and the Robert and Cynthia Hillas Charitable Gift Fund of Fidelity Charitable Jennifer & Nick Hilton Betsy Hoover Sarah Jones Jamie Kamph and the J. Kleinberg Gift Fund of Schwab Charitable Vilma Keri & Ed Matthews Michael Kincaid Karen Linder & Michael Brill Cathy & David Loevner and The David and Catherine Loevner Family Fund of Vanguard Charitable Diana & Jorge Luque Erin Lutz and the Lutz Sukhija Family Foundation of Fidelity Charitable Meredith Moore & Steve Rabbe and The Princeton Area Community Foundation Barbara Nelson & Steve Rush Michael Newhouse Joyce Carol Oates and The Joyce Carol Oates Foundation Orchard Fund of the Princeton Area Community FoundationLoraine & Kim Otis Maryann and Sara Polefka and The Polefka-Brigida Charitable Fund of Vanguard Charitable Alex & Howard Powers and the Powers Family Charitable Fund of Morgan Stanley Gift Candace Preston Mary Reece Glorianne & Anthony Robbi Elizabeth Romanaux and the Margen Penick Charitable TrustAnn & Bob Russell Kristina & Kurt Schulte Markell Shriver Catherine & Andrew Sidamon-Eristoff and the Catherine and Andrew Sidamon-Eristoff Family Fund of The New York Community Trust Grace & Frank Sinden Mimi Schwartz & Robert Socolow and the Schwartz Family Fund of the Princeton Area Community Foundation and the Robert Socolow Fund of Jewish Communal Fund Margaret & Drew Stoneman and the Stoneman Family Fund of Fidelity Charitable Kathy Taylor & Mark Boulding Amie Thornton & Craig Carnaroli and the Carnaroli/Thornton Family Giving Fund of Fidelity Charitable Robert Tomaselli & Michael Dawson Nancy & James Utaski and Samantha, Mark & Emma Bean and the Mr. & Mrs. James Utaski Fund of the National Philanthropic Trust Happy & Jack Wallace and the John D. Wallace, Jr Memorial Fund of the Princeton Area Community Foundation Alicia & Jim Waltman Suki & Matthew Wasserman and the Suki & Matthew Wasserman Fund of Jewish Community Foundation of Greater Mercer Heidi Wilenius & Scot Pannepacker Bonnie & Peter Wilson and the Bonnie and Peter Wilson Charitable Fund of Morgan Stanley Gift Barbara Wolfe and the Bob and Barbara Wolfe Charitable Fund of the Princeton Area Community Foundation Thanks to the generosity of sponsors Robert Wood Johnson Foundation, Bristol Myers Squibb, McKinsey & Company, and many individual donors, more than 100 young people will experience the joys of nature and environmental learning at Watershed Nature Camp.18 | The Watershed Institute

Creek Captain | $500 - $999 Joan Afeck Sawsan Aljahli Jeremy Beer Laura & Robert Berness Doranne & Frederick Bigelow Jane Borns & William Hurlin Rebecca & Pol Boudes Lindsay & Michael Bracken Elizabeth & Peter Brown Katharine Van R. Brush Claire & Ryan Bubb and the Bubb Family Fund of Fidelity Charitable David Burwell Louise Campi Melissa & Philip Clippinger Zeeza Cole Hilger & Jack Hilger Betsy & Dan Crofts and the Crofts Family Fund of Fidelity Charitable Silvia & Pablo Debenedetti Sari & Ralph DeCesare Peggy & Tom Eicher Ruth Ekstrom Robbie & Shawn Ellsworth and the Martha L. A. Norris Fund of the Princeton Area Community Foundation Ann & Lee Farnham Rachel & Chauncey Farrington Nancy Feldman & Ross Lewin and The Ross Lewin and Nancy Feldman Charitable Fund of Vanguard Charitable Janice & Ronald Flaugher Anne & Bill Gates Margie & Peter Gibson and the Gibson Fund of the Princeton Area Community Foundation Carol & Andrew Golden and the Andrew and Carol Golden Fund of the Princeton Area Community Foundation Gigi & Jim Goldman Jill Goldman and a donor-advised fund of Schwab Charitable Sarah & Richard Gregg Kathy & Bill Hackett Bronwyn Haley & Sandra Radice-Haley Barbara & William Happer and the Happer Family Fund of Renaissance Charitiable Lois Harrod Margaret & Dennis Helms Robert Hendrickson and a donor advised fund of Charitable Flex Fund Tracy Hewitt and the Roche Family Charitable Foundation of Schwab Charitable Anne & Dylan Hogarty Justine & Jonathan Hopkins Lee Ann & Peter Jacobi Jenny Kershner & Steve Finkelstein Casey & Sam Lambert and The Losam Fund Susan & John Landau and The J & S Charitable Fund of Vanguard Charitable Adrienne & Jason Longo Jenny & Phil Ludmer Wendy Mager & Eric Monberg Melissa Marinari & John Ferenchak Katherine & David Miller Janice & Robert Mintz Liza & Schuyler Morehouse and the Morehouse Family Charitable Fund of National Philanthropic Trust Naoko Nishitani & Barry Koen Michelle & Mark Nurse Laura Ochalski Beth Ogilvie-Freda & Mark Freda Sharon & Richard Onderko Tari Pantaleo Sue & Tony Parisi Amy Pearlmutter & James Andrews Carol & Edward Pfeiffer Bernadette & Matt Placky Judith Pollack & James Ohls 2025 Impact Report | 19

Abigail & Todd Povell and the Abigail and Todd Povell donor advised fund of T. Rowe Price Charitable Janet Cochoff Pressel & Michael Pressel Jani Rachelson & David LaMotte and the Rachelson-LaMotte Fund of Schwab Charitable Padget Ralston Judy & Alan Reba Alfred Rogers Randye Rutberg & Enrique Curchitser Elizabeth & Greg Samios Jonathan Schaechter Catherine Schaeder & Eric Batterman Molly & David Schneider and The Molly and David Schneider Family Fund of Vanguard Charitable Carin & Scott Sharp Ann & Austin Starkey Kristen & Timothy Stout Thomas Stuart Mara & Pete Taft Marilee Thompson & James Bialek Robert Tucker Adrienne Tymiak & David Ackerman and the David Ackerman & Adrienne Tymiak Charitable Fund of Fidelity Charitable Margret Van Vuuren & Scott Chasalow Emily Vickers & Tom Mason Elizabeth Walsh Bay & Fred Weber and The Weber Family Charitable Fund of Vanguard Charitable Joan Weidner Alice Weis Martha & James Wickenden Joan & Ralph Widner David Wilcove Susan Wilson Matthew Wilson William Wilson Elizabeth & William Wolfe Joan & Peter Wood Thomas Woodell Theresa & Jay Wrobel and the Wrobel Family Gifting Fund of Bank of America Charitable Yoojin Grace & Robert Wuertz and the Robert and Yoojin Grace Wuertz Charitable Fund of Fidelity Charitable Alicia & Lambros Xethalis Judy Yamada Friend | $250 - $499 Anonymous Anonymous Barbara Andrew & Gerald Seid Karen & Andrei Anghelescu Blair & Bill Ayers Jaya Balasubramaniam & Franjo Ivancic Beth Behrend & Robert Eaton Daniel Benson Barbara & Sheldon Berkman Barbara Berko & Joel Deitz Laura & Leonard Berlik Toni Besselaar Meghavi & Japun Bhavsar Carol Blum & Matthew Feuer Joni, Chris & Nathaniel Boutross Zach Boyd Jeanne Brooks-Gunn Jennifer Bryson Hilary & Dean Butera Lisa Canzano & Greg Vas Joanne Cartabona Rachel & Mark Castaldi Carolyn & Mike Chaiko Megan & Alex Christie Rebecca Colbeck & Matthew Crossley Colbeck Elizabeth Collier & Ron Cacciola Peggy H. Connolly Katie Curran Anita Davidson Bhavini Doshi Ilene Dube & Mark Schlawin and the Schlawin/Dube Charitable Fund of Fidelity Charitable Liz Duffy & John Gutman and the Liz Duffy and John Gutman Charitable Fund of Fidelity Charitable Carrie & Francis Dyckman Corinne Egner and the Corinne Egner Fund of Schwab Charitable Leslie Fabello & Rob Sloan Gwen Farley Andrea & Mark Fereshteh Isabel Fernandez & Eduardo Bhatia Paula Figueroa-Vega & Reuben Vega Barbara Fishman & Thomas Van Essen Linda Flower & Gary Johnston Veolia Water Company fuels our STEM education initiatives in Lambertville, including StreamWatch and River-Friendly Schools, inspiring the next generation of environmental stewards.Thanks to the PSEG Foundation, our Supporting Sustainability in Communities Program is thriving—mobilizing volunteers in stream cleanups, restoring rivers, and creating healthier, more resilient communities.20 | The Watershed Institute

Emilyn Fox & Rob Nicolaides Irv Freilich Katherine Fullerton & Eric Armour Bonnie Funiciello Jennifer & Mark Gallagher Joan & Kirk Gastinger and the Joan and Kirk Charitable Fund of Renaissance Charitable Foundation Audrey Gates Noel Goeke Carole & Joel Goldstein Nicolette Grasley-Boy & Jacob Boy Mrs. James Q. Grifn and The James Q. Grifn Memorial Fund of the Princeton Area Community Foundation Samuel M. Hamill Jr Michelle Hamilton & Jeff Hoagland Lucy & Charles Hastings Nell & Dan Haughton Christopher Heitzman Joann & Isaac Held Carl Hemmingsen Susan Hockaday & Maitland Jones Jr Jessica & Robert Horton Fran & Will Irwin Nicole & Boris Katz Katharine Kinsolving Carol Kleis & Rex Parker Kristin & Tyler Koop Helene & Russell Kulsrud Anjuli & Ram Kumar Margaret Lamb & Matthew Grossi Nina & Stephen Laubach Liz & Leighton Laughlin III Teri & Joseph Lawver Donna & Keith LePrevost Anthony Lesenskyj Elizabeth Lies & Owen Kellner Marlaine Lockheed & Steven Frakt Anne & Sabry Mackoul Inger Magnusson Cecilia & Michael Mathews Tamara & Joe Matteo and the Matteo Family Charitable Fund of Schwab Charitable Jane McCarty & Michael Bell Leah & Brian McDonald Nancy & John Merritt III Denise & Andrew Milot Gina & Sumit Mukherjee Shari-Beth Nadell Elaine Nigam Rudolph Nuissl Jose Oliveira Els & Peter Paine Catherine Pena Cristin Pineiro Elizabeth Plautz Nina & Paul Qvale Dawn Reitz & Edward Bromley III Karen & Charles Repka Dan Robison & Steve Miller Elizabeth Roedell Carolyn Rouse Christina & David Rowntree Cynthia Sage (deceased) Jamie Kyte Sapoch & John Sapoch and the Sapoch Family Fund of the Princeton Area Community Foundation Sarah Saul Ann & Doug Scher Mary Schmidt & Elizabeth Thompson Leslie & Thomas Schorr Diane & Tom Seessel Jean & Brett Shaver Carly & Seth Siditsky Judy Singleton Jessica & John Slotman Sarah Smith Emilia & Walter Stepek Nadine & Carl Stern and the Stern Family Fund of Fidelity Charitable George Stickel Andrea & Jeff Stuart and The Andrea M. and Jeffrey N. Stuart Family Charitable Gift Fund of Fidelity Charitable Caren Sturges and the Sturges Giving Account of Fidelity Charitable Katie & Christopher Sullivan Kelly Sullivan Diana & David Sullivan Lois & Russ Swanson Emily & Russell Szurek Jeffrey Tener Karin Trainer & William Stowe Anita Trullinger Carole Umscheid Barbara & John Vadnais Susan & Jeffrey Vanderkam Lindsey & John Walsh Jennifer & Frederick Wasserman Caron Wendell Catherine Williams & Bryan Grenfell Penny Xia Ray Yang and a donor-advised fund of Schwab Charitable Wen-Ling Yang & Albert Leung Jodi Zweier & John Masterson 2025 Impact Report | 21

Sponsor | $100 - $249 Anonymous Michael Abramowitz Alexander Ackley Susan Adams Karleen Aghevli & Jeffrey Olkin Vicky & Dave Allen Carole Allison Geneva & Ernest Anastasio Susan Anderson & Ben Cittadino Julie Ansman & Mark Spildooren Jason Apuzzio Allegra Asplundh Mary Jane Augustine Sushama Austin-Connor & Rob Connor Christine Avots Laurie & Paul Babicki Kelly & Amit Baria James Bash and Martens Bash Foundation of Fidelity Charitable Tracey & Noah Baskin Diane Bates & Ralph MalangaVictor Bearg Nancy Beck Pamela & Robert Becker and a donor-advised fund of Fidelity Charitable Ann & Roger Behar Roberta Bennett Anita Bhala & Rajiv Dave Lawrence Biehunko Martha & Scott Blandford and the Blandford Charitable Foundation of Fidelity Charitable Mary Anne Borge & Jeff Worthington Teresa Bradshaw Carolyn & Frederic Brehm Susie & Sean Brennan Eileen Brennan-Randall Susan & Henry Bristol Barbara Brizzee & John Hunt and the Barbara Brizzee and John T. Hunt Charitable Fund of Fidelity Charitable Bart Bronk David Brook Theresa & Richard Brooke Elaine Brooks Susan & Ed Broughton Peggy Savage Brownell & Kenneth Brownell Chloe Brown Jocelyn Burcheld Christine Burns Anne Butcher Jo & James Butler Lynne Butler & Miller Maley Elizabeth Buttereld & Cale McKendrickKai-Fang & Robert Caivano Kerry Caldwell Kristen & Kevin Cammarata Gabrielle Carbone & Brendan Anderston Meg & Woodrow Carsky-Wilson and The Carsky-Wilson Family Fund of Renaissance Charitable Giving Foundation Inc. Charles Caruso Cindy & Rich Cavallaro Julie & Matthew Cesari Roxane & Jamie Clarke Louisa & Austin Clayton Wendy Clement & Michael Nordquist Dawn Cohen & Kumar Vadaparty Seth Cohen Susan & David Colby Shana Cole Joanna Coleman & Michael Bradshaw Ruth Connolly & Dennis Mah Maria De Lourdes Corona-Lenel & Moritz Lenel Lynne Cullinane Fara Dabhoiwala & Jo Dunkley Annegret & Wolfgang Danspeckgruber Elizabeth Davis & Robert Vogt Lisa DeMarsico & Brian Cole Sharon & Peter Demers Binodh Desilva & Gamini Dharmasena Joanne & William Dix Hattie & Paul Dorko David Drake Ashley & Terrence Driscoll Christine Dunbar Sue & Bob Dupre Maria & Stan Dziuda Ruth Ehinger & Richard Alexander Karen & John Ellis Annegret Falkner & Zachary Lehrhoff Kathy Fedorko & Peter Macholdt Cathy Felgar Katherine Fellman & Michael Lupa Patricia & Stephen Fillo Heather & Ryan Fischer Craig Fleming Leona & George Fluck Robin Fogel & Morris Cohen Phyllis Frakt & Alan Hershey Judith & Claude Frazer Carmela & Bob Freda Sally & Bob Freedman Martha Friedman & Harold Heft Charles Frost Jannon Fuchs James Fuger Scott Fulmer Mary Furey & Paul Gerard Lindsay & Kevin Gallagher Lee & Nigel Gardner Mary Joan Gaynor & Laurence Hunt Kathryn Gessner Jane Gilbert Amanda & William Gillum Peter Godfrey Lori Goebel & Byron Veale Margaret & Robert Goertz David Goldfarb and the David A. Goldfarb Charitable Fund of Fidelity Charitable A grant from the American Water Charitable Foundation is enabling us to expand StreamWatch Schools statewide—bringing hands-on science and watershed education to even more classrooms across New Jersey.22 | The Watershed Institute

Alana Gomez-Wagner & Andrew Wagner Laurel & Steven Goodell Diane Gottardi & Curtis Scott Tamsen Granger & Daniel Abuhoff Holly Greenberg Donna Gregory Patricia Gruber Jaclyn & Bill Gulla Wanda & Robert Gunning Pankhoori & Alankar GuptaCarol & Carl Haag Amy Hansen & Mark Canright Amy & Jeff Hauger Jessie Havens Patricia Heath Katherine Heavers Tristen Herrstrom & Scott Carpenter Amy Hoffman & Michael Trokenheim Karen Hollingshead Jane & Ray Hostetter Lynn Hullsh Adele & Alan Humphrey Deborah & George Hunsinger Mary Ingraham Kimberly & Dean Jablonski Carol & John Jackson Michelle & Ken Jacob Cindy & Markian Jaworsky Edith Jeffrey (deceased) Myrna & Edward Jenkins Jacqueline & Cam Johnson Jacqueline & Kenneth Johnson Sandra Jones & Stephen Eaton Lauren Jung Wendy Kaczerski & Roger Shatzkin Lorna & Richard Kaluzny Aaron Kann Mimi Kaplan Ann V. Katz Joe Kazimierczyk Nancy Keith Carol Kelly BJ & Mark Kennedy Isabel Kentengian & J. Mark Engel Regina & Jaap Ketting and the Ketting Family Fund of Fidelity Charitable Flora & Christoph Kimmich Milly & Charles King Nancy Kinzli Linda & Paul Kiss Alesia & Hoddy Klein Victoria, Casimir & Christine Kulikowski Sandy Kurinsky & Michael Katz and the Katz/Kurinsky Philanthropic Fund of the Jewish Community Foundation of Greater Mercer Ward Kuser Marian Labos & Christoph Vetter Judy & Tom Lapinski Yuki Moore Laurenti & Jeff Laurenti Gretel LaVieri & Mike Winton Yolanda Lawas & Jeffrey Osborn Rene & Robert Lawless Alyssa Lawson & William Redman Elvera Leader Mary Leck Joan Lee & Reid Collins Ginger & Clark Lennon Jill Lenoble & Paul Asman Ginger & Mark Leonard Jane & David Leonard Judy & Michael Leopold Kristen & Stephen Letrent Carole & Simon Levin Ilene Levine Justine & Steven Levine Paula & Roger Levy Edward Leydon Kelly Liao Laura Lichstein & Steven Isaacson Bonnie & Andrew Lieu Daniel Lieuwen and the Daniel Lieuwen Charitable Fund of Fidelity Charitable Alyssa Limberakis Judith & Samuel Livingston Alice St Claire Long & David Long Daniel Loughner Karen Lovaglio Annette Loveless Ashley Lyu & John Kim and the Kim Lyu Giving Fund of Fidelity Charitable Pam & Roland Machold Frank Magalhaes Sharyn & Charles Magee Susan & Indur Mandhyan Lynne Mann Betsy & James McClure Sharon McCrae Craig McCullough Jock McFarlane Christine McGann & Edwin Lawler Barbara & Thomas McGeachen Alicja & Thomas McGoldrick Carolyn McGrath Judith & Kevin McNally Maureen & Graeme McWhirter Sharon & James Measner Deborah & Lewis Meixler and the Deb & Lew Meixler Donor Advised Fund of Schwab Charitable Paul Melachrinos Marguerite & Bradford Merritt Barbara Merry Marion Mezzetti Shelby Michaels Susan Michniewski & Douglas Meckel Maria & Barry Middleberg Karen & Ken Miller Linda & Joshua Milstein Lydia Mitchell & Gregory Hekel Rashina Mocktar Xenia & Paul Morin Janet Morrison & David Melman Joanne Mullowney Douglas Myer Janet Narayan Dolly & John Nemergut Beth & Ray Nichols Kelley Nicholson-Flynn & Greg Flynn Eve Niedergang & Andy Weiss Phoebe Nobles & Michael Dickman Gretchen Oberfranc & Charles Creesy Kathleen O’Brien & Matthew Cahn Michele Ochsner Maria & Nicolas O’Leary Kate & Tom O’Neill Edward O’Rourke Vishnu Oruganti & Anuj Desai Julie & Duncan Osborn Martha Otis and the Martha G. Otis Charitable Fund of Schwab Charitable Brenda Overcash & Thomas West Aigli Papantonopoulou Diana Pasculli & John Provenzale Arny Patel Pamela Patton & Eric White Linda & Gregory Paulson Cynthia Payne & Stephen Elston Heather Pearson & Asif Ghazanfar Eleanor Pennington Daria & Mark Pettus Mary & Robert Pickens Chris Pierson & Kareen Bar-Akiva Marte & Dean Pierson Jr and the Pierson Giving Fund of Fidelity Charitable Kristin Pinyan Dorothy & Charles Plohn Jr Kimberly Polowchena Kathrin Poole & Ward Tomlinson David Popenoe Karen & Stewart Prager Frances Preston Susan Primmer & Robert HarrisDarlene & Robert Purcell Sara & Brian Quigley Felicia & Jerry Rackowski Ronnie Ragen & Andrew Lowenstein Lillian Rankel & Andrew Jackson Claire Ransom & Roger Thorpe Polly Ranson Rene & Sudhakar Rao 2025 Impact Report | 23

Jason Read Ingrid Reed (deceased) Sarah Roberts & Lawrence Koplik Elisabeth Rodgers Hanaa Rohman & Taher ModarressiKristin & Rick Rokes Julie & Philip Rosenthale Barbara Ross Donna & Richard Rossi Janet & Thomas Russo Maria & Lucas Ryan Sandy Sanders Lucia Sanin & Diego Zapata Carol & Chris Saracco Miguel Saravia Helene Schlachter & Michael Senchyna Nancy Schluter Mrs. W. Marshall Schmidt Joyce Schneiderman & Richard Reeves Beverly Schoennagel Kathleen & Bruce Schwartz Susan Schwirck Patricia Scully Yvonne Selander Divya Seshadri Leila Shahbender & Christopher Pike Molly Sharlach & Kevin Hoeschele Eileen & Jim Shissias Lynn Siegelman & Jurgen Althoff Fred Siemon Neri Yolanda Silva & Arturo Silva Therese & Robert Smith Erica & Paul Snyder Lorraine Sova & Michael Brogan Jen & Bill Staikos Susan & Richard Steen Diane & Glenn Steinberg Julia Steinberg Pamela Stilin Lisa & Robert Stockman Sheila Stuart Helen Sullivan & Mark HakkinenAlexandria Symos & Stephen Klopfer Robert Tallon Jr Susan & Christopher Tarr and the Christopher and Susan Tarr Fund of the Princeton Area Community Foundation Marijke & Floriaan Tasche Chantel Tester & Keith Martin Lauren & David Thoma Deborah & Gordon Thomas Leeann & Rob Thornton Vadim Timoshpolsky Claire Todd & Eric Allender Deborah Toth & David Krauss Veronique & Tristan Touzot Mary & Rodham Tulloss Mimi & Charles Turi Shannon & Steven Tuorto Pam & Mark Vadas Jamie & Greg Valenski Janneke & Frank Van Der Ree Nancy Van der Wal & Frederik Kaper Dana Van Meter & Charles Dolan Judy Venonsky & Michael Rothwell Phyllis & Anthony Ventresca Sonja Vloeberghs & Gerrit Dispersyn Sandra & Robert Vornlocker Mary & Michael Wagner Tirza Wahrman Mitlak & Warren Mitlak Margaret Bodine Wallis Patsy & David Wang-Iverson Renee & Udo Warias Laura & Dennis Waters Debra & Jay Watson Rose & Benjamin Weldon Pam & David Wetherill Virginia Whitaker and the Whitaker Giving Fund of Fidelity Charitable Mary & Mark Wilde Amanda Irwin Wilkins & Timothy Wilkins Rob Wilson Troy Wismer Marian Young Matthew Young Ulrike Zimmer & Joel Coyne The National Fish and Wildlife Foundation strengthens our StreamWatch Schools program in the Delaware River watershed, expanding hands-on environmental education and empowering young watershed protectors.The Kentelds Foundation supports our outreach in Spanish-speaking communities and towns—raising awareness about stormwater, ooding, and local environmental issues. The grant also powers our Hightstown Youth Environmental Leadership Program and outreach to Spanish-speaking landscapers, advancing equity and sustainability across the region.24 | The Watershed Institute

Supporters | $25 to $99Anonymous Mark Adams Jacob Adler Madeeha & Saif Ahmed Dorothy Aicher & Alan Johnson Martha & Graham Akers Aliz Holzmann Alaman & Aaron Alaman Alberta Albanus Elena Alexeeva & Pierre Deligne Charity & Dan Allen Eleanor Allen & Chris Morrey Nick Allingham Christine & Al Altomari Megan Angelastro Trudy Atkins & Alba Lugo Louise & Mike Aucott Carol & Angelo Auletta Meredith & Jose Avalos Marisa Avasthi Sarah Kocher Ayroles & Julien Ayroles Stuart Azarchi Elizabeth & Christopher Badger Deborah Badgett Carleen Baily Meredith Bak Stephanie Baker Ives Tiffany Baldino & John Quilty Steven Bales Amanda Ballate Linda & Daniel Balto Grayson Barber & Peter Meyers Kirk Barrett Jacquelyn & Jeffrey Barth Marcy & John Baumann Laura Bennett Jeanette & David Bergeron Kerrianne Berneck Barbara Weber Berry & Thomas Berry Christina & Joshua Best Jennifer & Peter Bickham Lauren & Michael Bird Candace & Robert Bishop Maria Blaszczyk & Joshua Kunkel Anne & Martin Bloomenthal Jessie Boehm & Andy Snyder Barbara & Harry Boertzel Melissa Bohl & Ronald Sverdlove Alexandria Brody & Matthew Bondar Andrea Bonette Anthony Bonomo Rachel Born Isabelle Bowers Joy Brachman Jennifer Brady Sally & Mark Branon Deborah BraswellJessica & Peter Braynor Christine & Robert Briggs Benjamin Brill Werner Brix Diane & Donald Brockel Debra Brockway Kristin & Preston Broderick Emily & Morgan Broeg Dara & Aaron Brosseau Venkata Brugubanda Elaine Bruhn Karen & Paul Buda Maureen Burkart-Penn Kelly Burkett Sheree & Scott Buttereld Consuelo & David Calabro Eva & Dennis Campagnoli Kim Campo Marcelle & Thomas Capotosta Daria & Christopher Cappucci Christine Caputo Monica Carlson & Nick Dewind Lisa Caroselli & David Hatton Keith Carroll Mary Ellen Carson Mae Carter Marietta Carter & Greg Linde Karen & Dan Casey Ilianell Castellano & Manuel Angel Loureiro Ling-yin Chang & Emmanuel Motheau Winnie Chang & David Eisenhauer Angela Chapman Reed Chapman Donna Chernecki Cindy Chhedi & Richard Gomez Kerry & Jeffrey Claburn Jeannine Clements Kathleen Coffey David Cohen Susan Colby & Robert Witanek Brent Coleman Susan Colket (deceased) Kay & Toyce Collins Erin Collins-Cecil Marlene & Charles Combs Jr Julie Conserva Courtney & Michael Cooper Therese & Paul Cooper Greg Cosentino Jane Cox & Evan Alexander Niurka Coy Jean & Christina Crider Elizabeth Crispino Jenna & David Critton Anita Crofts Sarah Crofts Antoinette Cunningham Wendy Dabney Michele & Andrew Dagenais Shaily Dalal Sara & Michelle Daly-Padron Anna Davies Susan & Jeremy Dayner Lauren Deal & Miguel Bacho Heather & Scott DeBruin Annette & Alan DeFalco Evelyn Delaney Dustin DeLorenzo Melissa DeMatteo Nicole & John Demeter Tessa & Matthew Desmond Joseph Detz Anne DeWitt Sarah Diffenbaugh & Paul Shao Melissa DiMeglio & Richard Clingerman Lynda Dodd Shane Donnelly Jo Donners Michele & Bruce Downie Andrea & Roger Dreyling Ellie & Gary Driscoll Yan Duan Kory & Joe Dudash Kaitlin & Callum Dupre Jackson Durbin Christina & Christopher Dymek Cheryl & Alan Dzubak Barbara Edwards & Thomas Christensen Adrienne Elmer & Patrick Hasan Nancy Engel & Robert Nunn Anne Louise Ennis & Gwen Perry Emily & Jeffrey Everett Michelle Falcey & Alex Ewing Philip Falcone Shaness & Peter Farrell Sheila & William Fernekes T. Robert Fetter Eileen Feurey Alison Filla Roberta Fineman Bridgid Finn & David Bario Roberta Fleischman Joan & John Fleming Ann & Michael Folli Steve Foster Jo & Jacob Fradkin Lori Frank & Doug Wisniewski Micah Parker & Jeffrey Friedland Cathy Friedman Rebecca & Clark Fullman Lydia & Russell Furnari Nicholas Gabriel Rich Gallagher James Gambino Jr Tamara Garaffa Jessica Garon Elizabeth Garvey & Jack Abraitis Tina Gaudin Kim & Robert Geis Tony Genovese Kristin & Anthony Geonnotti Doris & Hank Gerwers Patricia Gibney Carolyn Gillette Stefan Goff Becca Goldman & Carolyn Galayda Deanna & Morton Goldstein Eric Gordon Wendy Gordon Amanda & Rob Gorrie Lisa Granozio 2025 Impact Report | 25

Betsy & Tom Grimes Jennifer Grissom & Marjorie Paloma Emily Gromoll Lilian Grosz Tracie Guzman Janet Gwiazda & Jon Lyman Canady Hall Pam Hall Barbara Hallows Dawn & Thomas Hammell Jacqui & David Hance Kara Hanson & Jonathan Miller Samantha Harley & Brian Knisely Meg Harmsen Abigail Harris & Edward Shea Elizabeth & Rahsaan Harris Robin & Max Harris Ann Harwood Beth Hatem & Greson Torchio Barbara Hayes & David Packer Chunbai He & Weicheng Wu Pat Heaney & Dan McCullough Laurie Hebditch Norma McCoy Heller & Jeffrey Heller Jeanne Hencken Camila Henderson Christine & Michael Highland Denise & David Himmelheber Maggie & Carl Hintz Yiyin & Gregory Ho Marion Holcombe Suzanne Holdcraft & Alexander Sherrard Analisa & Mark Holmes Betty Horn Stephanie Horowitz & Benjamin Horowitz Paterek Jamie Howes Howard & Scott Howes Mary & Matthew Howe Eleanor Hubbard & Leonidas Nguyen Vichika Iragavarapu & Sirish Kaushik Lakkaraju Megan Iurilli Chris Ives Erin & Takashi Iwai Allison & William Jackson Sadaf Jaffer & Daniel Shefeld Jodi Jamieson Susan Jarvis-Hagstrom & Joseph Hagstrom Clive Jenner Yi Jia & Mofei Qu Sharon Joag & Anurag Sehgal Ben Johnson Carolynn Johnson Eric Johnson Rebecca & Andrew Jonas Dale Jones Russell Jones Marilyn & James Jordan Jr Martin Judd Anna & Justin Junge Joan Kahn Julie & Niraj Kapur Mollie & Garrett Kasica Hana Katz Nancy & Barry Kay Mark Kearney Dorothy Kelley Ellen Kenny & Elliot Nir Lisa & Doug Kerswell Aimee & Gregory Kessler Denise & James Kilgore John Hastings Kimball Maureen & David Kimball Pat & John Kime Barbara Kirsh & Art Firestone David Kitching Carolyn & Christopher Klaube Janice Klein Dorothy Knaus & Jack Hartmann Jamie & Jeffrey Knol Geralyn Koblis Sylvia & Richard Kocses Maya Koenig & Michael Jabon Mary & Scott Kolb Michelle Komie & Robert Kirk Heather & Albrecht Koppenhofer Mary Ann & Joshua Koslov Lois Kotkoskie Anne Kreitzberg Ingrid & Douglas Ladendorf Ananda Lakkamraju Victoria & Alexey Laktionov Marlene Lambert Jodi Landis Laurie Larson Kate Lascelle Martha & William Lashbrook Nina & Jeff Lauer Janet & Al Laughlin Jane Lee Selene Lee & Sangbaek Park Susan Leigh & John Toggweiler Christina Leone & David Augeri Eleanor & David Letcher Felicia Lewis Susan Light Pamela Lilleston & James Noe Wan Lim Xiaohong Lin & David Gao Gerianne & Scott Linden Eleni & Neil Litt Amy Lo & Johnnie Mendez Alison & Jeffrey Lockman Jill & Jay Long Mary Lott Tammy & Aaron Love Kathryn & David Luet David Luque Michelle Luque Brendon Lyons Emily & Annette Macaluso Cheryl Maccaroni Lauren & Michael Madden Jean Mahoney Angela Fee Maimon & Alan Maimon Kayleigh Maklary 26 | The Watershed Institute

Walter Mancini Kara Mann Diana & Charles Martin Yanires Martinez Anastasia Marty Pallavi Masih & Niam Patel Katie & Justin Massimo Lia Mastropolo & Kenny Shepard Emily Mattek Nick Matterson The Mattes Family Paul Matzko Ohad Mayblum Mary & Steve Maybury Roberta Mayer Hannah & Brian McCollum Jessica McDermott Margaret McDermott Natasha McDermott Ayanna McKay & Jerome Swindell Kathleen McKenzie Marina & Patrick McKeon Andrew McLean Erin & Mike McMaster Eugenia De Risio & Gordon McNair Jennifer & Gavin McNay Lynn & Ted McNulty Joy & Tom McPartland Michele Melillo-Cowan Carol & Galen Meyer Ruth Miale Muhammad Mian Sally Mikkelsen Anastasia Millar & Christopher Galiardo Kevin Miller Marie Miller Mary & Robert Miller Nancy Miller Tom Miller Carol & Richard Miner Rosita Miranda Rashina Mocktar Johanna Mora Donna Morgan Katharine Morgan Carron & Geoff Morris Ruth Mortensen Christina & Steve Mruskovic Lauri & John Mulvey Benedicte Coude & Stefano Munaretto Doris R. Murphy Melvin Myers Cala & Vikas Nanda Melissa Natali Alexis Navratil Olivia Nellums & Brian Pasquini Kimberly & Ian Nevins Lesley Nicolucci Olga Nini Christin Noble & David Gallagher Elizabeth Nugent & Nicholas Lotito Jennifer O’Hagan Karen Ohland Priscilla Oliveira Angie & Allen Olsen and the Olsen Giving Fund of Fidelity Charitable Amy & Louis Ondreyka Tasha O’Neill Simone Oppenheimer & Steven Cooper Daniel Pace Kyra & Jerry Padulo Jr Joanne Pannone Jessica & Jeffrey Paolini Pattra & Adam Pappas Maria Pardo Cardenas Megan & Albert Park Laurie Parker Ali Parrington & Keith Corrigan Slavka Partilova & Juraj Partila Ronak & Sonam Patel Shruti & Chintan Patel Nora Enis Patrone Barbara Pavlicek Kate & David Paynter Ellen Pehek Leslie Pell Maureen Pellegrino Jeanne Perantoni & Bruce Jordan Maryann Perkins Fran Perlman Ashley & Nick Perold Mina & John Perry Angela & Matt Peterson Molly Peterson Gail Petrillo Joseph Picarello Heather & Tyler Piche Kimberly Pilkiewicz & Dan Fernandez Alexandra Pinz Jessica & Ryan Porter Jana Prendergast Erin & Ian Price Lorraine Prince Joleen Pugliese & Eden Fucci Sankara Ramakrishnan Arleen Ramos-Szatmary Angela & Ryan Rayeld Carren Reale Alexa Reed Kara & Edward Reed Inga Reich & Peter Kelly Katie & Trevor Reitz Krystina Restaino Margaret Riccardi Caroline Rich Linda & Craig Richmond Mary Richmond-Michael & Douglas Michael Megan & James Riddlesperger Jens Riedel Arian & Stephan Riedmaier Janet Riemer Catherine Riihimaki Marilyn Riley & Robert Seidenstein Barbara Ringheim Janet Roberts Ann Robideaux & Jesse Neuman Patricia Robinson Maeryn & William Roebling Carol & Brian Rogaski Nancy & Daniel Rubenstein William Russell Ellen & Allan Ryan Susan Rzeminski Heather & Zachary Salkin Barbara Sandstrom Aishwarya Sankaranarayanan & Saminathan Ramachandran Lisa Sanner Marie Santa Nivedithaa Santhanam & Vidhyut Sampath Richard Santosusso Laura Sarmiento & Moises Arturo Roldan Novoa Henry Saveth Brian Sayre Amy & Gary Scartocci Chrystal & John Schivell Margaret Schleissner & Emily Pelz Eda & Jim Schmalz Erin & Aaron Schomburg Annemarie Schorpion & Justin Brozzetti Linda & Eric Schrading Brittany & Kyle Schueckler Sara Scully & Bill Gross Andrew Seeder Neelima Seethama Tiffany Farano Serratelli Patti & Fred Serravallo Hye-Vin Seung Judie & Bill Sferro Sarah & Neil Shah Sandra & Daniel Shapiro Sukhen Sharma Kim Sheleheda Amy & Nicholas Shriver Morgan Silk Jillian Sills Elizabeth Sims-Pottle & Mark Pottle Emily & Garrett Singer Lopamudra & Sandip Sinharay Michael Sinkevich Ann & Zoltan Sisko Audrey & Michael Smerkanich Julia Smith Elizabeth Snider Sudi Solomon & Martin Rosen Daniel So-Schoos George Spais Shannon Spilletti Aurelle Sprout & James Hake Katherine Stanek Marge & Scott Stanford Linda & Kevin Stecchini Marjorie Steinberg Lena Steinhorn & Brandon Abbs 2025 Impact Report | 27

Melissa Stephano Janet Stern & George Theodoridis Joshua Stevenson Lauren Stirling & Josh Melasky Margaret & Daren Stotler Jennifer Stoveken Linda Strange Marianne & Robert Strickhart Rhonda Sturtz Phyllis & Michael Suber Jessica Subramanya Scott Sullivan Rena Sun Hannah Suthers Anne Swanson Adelyn Sweeny Pamela & Stanley Switlik Olga Tashchuk Alexandra Tatnall Kristen & Brandon Taverni Chris Thern & Matt Conver Jennifer & Peter Thomas Naoko & Peter Tierney Jiwon & Matt Tilghman Mary & Dan Tomaschko Diane & Alexander Tomkins Max Tomlinson Neelambari Toraskar Carolyn & Louis Torre Palmer Uhl Prashantha Upadhya Janet & Alan Upperco Shruthi Vaidhyanathan & Sai Jayaraman Debra & Michael Valazza Kitty Van Geel Nuria & Lucas Van Ravenstein Roslyn & David Vanderbilt Heather Veitengruber Jessica & Vincent Verderame Sharie Verdu & Kevin Berry Arun Verma Sylvia Vichkulwrapan Edward Vienckowski Satya & Sujata Vithala Patricia Vogler Arti Vyas & James Cozine Meghan & John Walsh Bay Waltman Henry Washington Megan Watkins Allyson & Denise Weber Molly Weigel Felice Weiner Holly Welles & Rob Thomas Carol Welsch & Allen Brown Talitha West & Marcus Romano Courtney White Julia Whitley Candice Wiggum Suzanne Wilder Rachel Wiley Margot & Sean Wilkinson Wilburn Willams Jr Hannah Williams & William Ramos Sydni Williams Jessica & Joshua Wilson Jennifer Windish Krysta Woll & Lawrence Johnson Jennifer Wood-Burkholtz & Michael Burkholtz Vicky Pin-Yun Wu & Kian Wee Chen Chrystene Wyluda Wei Xie Rose Yacovone Masumi Yamada Maya & Shurik Yatom Mario Yepes-Baraya David Zaiser Victoria & Zanny Zerambo Elizabeth Zingg Jessica & Matthew Zofchak Liz Zuckerman 28 | The Watershed Institute

Foundation & Corporate Donors Matching Gifts * $25,000+AnonymousAmerican Water Charitable FoundationAvantorBristol Myers Squibb CompanyThe Bunbury Fund of the Princeton Area Community FoundationRobert Wood Johnson FoundationKentelds FoundationNational Fish and Wildlife FoundationNational Wildlife FederationNJ Department of Environmental ProtectionThe William Penn FoundationPisces FoundationThe George H. & Estelle M. Sands FoundationU.S. Fish & Wildlife Service $10,000–$24,999BlackRock, IncBloomberg L.P.Church & Dwight Employee Giving FundThe Gordon and Llura Gund FoundationThe Curtis W. McGraw FoundationMcKinsey & CompanyNational Audubon Society, Inc.New Jersey Committee of the Garden Club of AmericaPrinceton UniversityPSEGRiverways Collaboration of CultureTrust Greater PhiladelphiaRutgers UniversityVeolia North America$5,000–$9,999AmeriCorpsArtWorks TrentonBloomberg Philanthropies*Bristol Myers Squibb Foundation*Brown Advisory Charitable FoundationColgate-Palmolive Research CenterThe Miller S. and Adelaide S. Gaffney FoundationRobert Wood Johnson III Fund of the Princeton Area Community FoundationJohnson & Johnson*Mohawk Canoe Club, Inc.Edward S. Moore Family FoundationNRG Energy, Inc.Princeton Area Community Foundation $2,500–$4,999The Duke Farms FoundationGenmab US, Inc.Glenmede Trust of New JerseyDavid Mathey Fund of the Princeton Area Community FoundationPTC TherapeuticsTruist Wealth $1,000–$2,499Alloway Construction and RestorationBlackRock*Callaway Henderson Sotheby’s International RealtyCapital HealthFarewell Architects LLCGreen Building Center - NJNew Jersey Conservation FoundationOne Water Consulting LLCSustainable Jersey GroupTroutman Pepper Hamilton Sanders LLP $500–$999Abbott Laboratories*Community Foundation of New JerseyGoogle, Inc.*GW Tax and Accounting LLCMillstone TownshipMills + Schnoering ArchitectsNews Corp*NJM Insurance GroupOld Hights Brewing CompanyPrinceton Photography ClubRobert Wood Johnson Foundation*Stellitano Heating & Air Conditioning$250–$499Fleet FeetGarden Club of PrincetonGirl Scout Troup 70435The Merck Foundation*Nottingham Garden ClubSeltzer Group Partners LLCUnitedHealth Group*Yardley Friends MeetingZS* Under $250Arthur J. Gallagher*Bank of America*Bernardsville Garden ClubDaiichi Sankyo, Inc.*EDF Renewables*Ham Landscape GardensK&G Stone Masonry LLCMallinckrodt Pharmaceuticals*Microsoft Rewards / Give with BingMunich RE America Services, Inc*Native Plant Society of NJNortheast Organic Farming AssociationOtsuka Cares*Painted Oak Nature SchoolJim Prater Builder/Carpenter, Inc.The Princeton Windrows Condominium Assoc.Rocky Brook Garden ClubRutgers University Libraries - SPCOLStockton UniversityVerizon Foundation*2025 Impact Report | 29

In Honor ofBristol Myers Squibb Colleagues Joan AfeckRebecca Canright Suzanne WilderDawn Cohen Laurie HebditchHuck Cristo Sandy Kurinsky & Michael KatzParents of Binodh Desilva Binodh DesilvaJonathan Donners Jennifer & Jack DonnersJo DonnersAaron KannMichele Melillo-CowanKitty Van GeelEmily and Johan Firmenich Leslie PellSophie Glovier Margaret Bodine WallisJeff Hoagland Yuki Moore Laurenti & Jeff LaurentiStanley Jacobs Mary IngrahamJenny Kershner Orchard Fund of the Princeton Area Community FoundationJorge Luque - Berlin Marathon Fundraiser Kerry CaldwellJackson DurbinDiana & Jorge LuqueMichelle LuqueDavid LuqueWalter ManciniMaria Pardo CardenasCaroline RichMiguel SaraviaRena SunVadim TimoshpolskyEve Niedergang Barbara Edwards & Thomas Christensen Molly Ann Ranson Polly RansonJackie Rooke Bonnie LieuOlivia Spildooren and Hank Huang Marlene LambertIn Memory of Jonathan GafnJennifer Wood-Burkholtz & Michael BurkholtzJames GaffneyThe Miller S. and Adelaide S. Gaffney FoundationKay HeaneyMark & Pam VadasAudrey JohnsonAudrey C. Johnson “Spend it well” Fund of Schwab CharitableJustine RollandLawrence BiehunkoBart BronkLori & Neil CitroneJeannine ClementsHattie & Paul DorkoMaria & Stan DziudaPatricia & Stephen FilloPatricia GruberPam HallMeg & Dennis HelmsBetsy HooverLee Ann & Peter JacobiMilly & Charles KingNancy KinzliTom & Judy LapinskiMartha & William LashbrookDouglas MyerEleanor PenningtonJim PraterJanet RobertsDonna & Richard RossiSandy SandersSarah SmithSheila StuartAnita TrullingerNancy Van der Wal & Frederik KaperPhyllis & Anthony VentrescaMegan WatkinsThomas WoodellJudy YamadaSusan SteinJannon FuchsRay YangEdward “Ted” Bromley JrSheila BodineAnne ButcherLucy & Charles HastingsRudolph NuisslValerie YoungJane GilbertNancy KeithEdward S. Moore Family FoundationMatthew YoungMuriel Gardiner Buttinger Legacy Society Mary Jane AugustineEvelyne A. Axelrod*Connie and Bill BauderBarbara BaumeckerJeremy BeerBeth BehrendBarbara and Edward* BromleyHoward Russel Butler Jr.*Jane L. ButtarsHelen CannonElliot CohenBrenda and Swep DavisBarbara R. Delaeld*Anna Drago*James Gambino Jr. Meg and Tom GorrieStephanie and Bob HarrisCarolyn Ryan HealeyFrank O. Henschel*Kit Hildick-Smith*James Scott Hill*Mervin HollandBetsy HooverAudrey C. Johnson*Betty Wold Johnson*Robert C. Johnston*Rev. David McAlpin, Jr.*Sue and Tony ParisiRichard Peery*Dionne & Alan Polk Susan and Cornell RudovJamie Kyte SapochRaymond S. Schulley*Alice Bishop Shannon*Doreen Spitzer*Robert Tomaselli and Michael DawsonSusan Travers*Jim WaltmanSally WellsAnne Pacsu WielandVan WilliamsHelen M. Woodruff*L. Brewster Young*Ulrike Zimmer & Joel Coyne*deceased30 | The Watershed Institute

2024 Financial StatementThanks to our supporters and volunteers, we continue to protect clean water and the environment through our work in conservation, advocacy, science, and education.Individuals (34%)Foundations (16%)Program Revenue (13%)Government (3%)Special Events (9%)Investment Funds (20%)Lease Revenue (2%)Corporations (3%)2024 Support & Revenue $4.46mAdministration (10%)Conservation (22%)Development (10%)Education (28%)Watershed Policy (14%)Watershed Science (16%)2024 Expenses $4.40mASSETS 2024 2023Cash & Cash Equivalents $2,300,389 $2,713,512Accounts Receivable $218,605 $240,308Investments $17,975,856 $16,846,430Total Current Assets $20,494,850 $19,800,249Land, Buildings and Easements$13,441,769 $13,500,203Other Assets $22,050 $20,535TOTAL ASSETS $33,958,669 $33,320,987LIABILITIES & EQUITY2024 2023Accounts Payable $70,939 $116,620Credit Cards $21,251 $7,055Other Current Liabilities $111,887 $95,902Current Liabilities & Accounts Payable $204,076 $219,577Long Term Liabilities $2,183,583 $2,252,921Total Liabilities $2,387,659 $2,472,498Unrestricted Net Assets $2,040,230 $2,270,640Board Restricted Net Assets $2,535,949 $2,470,570Permanently Restricted Assets$26,396,169 $24,819,598Net Income $598,662 $1,287,682TOTAL LIABILITIES & EQUITY$33,958,669 $33,320,987*unaudited information2025 Impact Report | 31

31 Titus Mill Road Pennington, NJ 08534Donate and Support The Watershed Institute Today! Your Donation Will Help Us Keep Water Clean, Safe & Healthy!Learn more at thewatershed.org609-737-3735 | info@thewatershed.org | theH2Oshed | theh2oshed | TheWatershedInstituteBoard of TrusteesBarbara Grifn Cole, Chair Shefali Shah, Vice ChairEnrique Curchitser, PhD, Secretary Ari Soroken, TreasurerJim Waltman, Executive DirectorDanielle Bentsen, MDRobert C. BernessMarc BrahaneyGer Brophy, PhDAnne Catena, EdDRob Connor, PhDSilvia Debenedetti, PhDJennifer DuffyEric DutaudPaula Figueroa-VegaDamon MissouriChristina OvermanMary Reece, EdDJaqueline RookeCarolyn SandersonKurt SchultePeter TovarWilliam WilsonSusannah Wise, MDMargaret R. Gorrie, Trustee EmeritusStaJim Waltman, Executive Director Sophie Glovier, Chief of Strategy & Program Pankhoori Gupta, Chief of Finance & Operations Maggie Kelly, Senior Director of Advancement Kory Dudash, Conservation Director Jeff Hoagland, Education Director Mike Pisauro, Esq., Policy Director Steve Tuorto, PhD, Science Director Vicky AllenMatthew Bondar Susan BristolDavis Bush Rich Cavallaro Sarah CroftsSarah CrosbyKim DeScettoDom GiglioDonna GregoryPat HeaneyAnna HillElizabeth HinckleyNicholas HoAllison JacksonAyanna JohnsonMichael Kim Jessica McDermott Lynn McNulty Lucia MiddletonEve NiedergangAlison NovobilskyPriscilla Oliveira Alan Polk Ryan RobinsonEda SchmalzJian SmithPete SmithOlivia SpildoorenErin Stretz Gilda Suncar Matt ThompsonKalen WhitneyKrystal ZunigaAdvisory BoardKevin Kuchinski, Co-ChairLaura Hanson, Co-ChairSandra AllenMary Jane Augustine, Esq.William Ayers, PhDBob BaldwinMary BaumNancy BeckKathleen BigginsLori CitroneElliot CohenDan DartWendy Pierce EvansEmily Cevallas FirmenichDeborah Sands GartenbergAlix GerryPeter GibsonMargaret R. GorrieEd Gwazda Katherine HackettBob HarrisThomas B. HarveyCarolyn Ryan HealeyThe Hon. Rush D. Holt, Jr. Betsy HooverMike HornsbyMary Leck, PhDRichard Levandowski, MDWendy MagerAlicia MerseMark S. NurseNelson ObusThomas O’NeillKim OtisBernadette Woods PlackyCandace PrestonJamie Kyte SapochAaron SchomburgLorraine SciarraDick Scribner Trish ShanleyCatherine Sidamon-EristoffMargaret SieckScott SillarsPenny Thomas Ted ThomasGreg VasDaniel J. Van Abs, PhDPhilip Wey, MDVan Zandt Williams