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2009 Annual Report The Pacific Salmon Foundation was created in 1987 as an independent, non-governmental, charitable organization to protect, conserve and rebuild wild Pacific salmon populations in the Pacific Northwest. The Foundation supports its core mission by raising money and making grants to volunteer organizations across the province, through management of multi-million dollar initiatives in the Skeena and Fraser River watersheds and by serving as a critical voice for salmon in British Columbia.

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2009 Annual Report

The Pacifi c Salmon Foundation was created in 1987 as an

independent, non-governmental, charitable organization to

protect, conserve and rebuild wild Pacifi c salmon populations in

the Pacifi c Northwest. The Foundation supports its core mission

by raising money and making grants to volunteer organizations

across the province, through management of multi-million dollar

initiatives in the Skeena and Fraser River watersheds and by

serving as a critical voice for salmon in British Columbia.

Executive Committee

E.L. (Ned) Pottinger M.Sc., P.Ag.Pottinger Gaherty Environmental Consultants Ltd.Chairman

Brian CliveQueen Charlotte LodgeVice-Chair

W.J.D. (John) WoodwardWoodcorp Investments Ltd.Immediate Past Chairman

Robert GaytonWestern Copper CorporationChair, Development Committee

Anne KinvigPacifi c Blue CrossSecretary

Peter G. Swinton CAPriceWaterhouseCoopersTreasurer

Members

Ian D. AngusF.A.S. Seafood Producers

Rick BourneLangara Fishing Adventures

Bruce ClarkeHSBC Bank Canada

Bob Cole

Nick GudewillGoodco West Investment Corporation

George Hungerford O.C., Q.C.Hungerford Group

Terry M. LaniganAshland Canada

David LeonardDDB Canada

Kevin MahonAdera Group of Companies

Zo Ann MortenPacifi c Streamkeepers Federation

George ReifelReifel Cooke Group Ltd.

Don Swoboda

Thomas A. Toynbee

William TurnbullW.G. Turnbull & Associates

Bryan Williams

Emeritus Directors

Mike Apsey

Hon. John A. Fraser P.C., O.C., O.B.C., Q.C.

Hon. John L. Nichol, P.C., O.C., O.B.C., Q.C.Springfi eld Investments

Rob WatersLadysmith Marina

Board of Directors

Message from the Chairman

In 2009 the Pacifi c Salmon Foundation funded a diverse set of more than 180 community-driven salmon programs that on average leveraged every dollar received by the Foundation seven-fold. The Foundation’s total budget was $9.9 million dollars with more than 80 per cent of funds going directly into wild Pacifi c salmon projects that met rigorous technical standards. With nine per cent of the budget used for overhead, the Foundation is well within acceptable philanthropic and accounting standards.

One of the biggest accomplishments in 2009 was hiring one of Canada’s leading salmon experts as the Foundation’s new President and CEO. Dr. Brian Riddell joined the Foundation in February 2009 after more than 30 years with the Fisheries and Oceans Canada. Under Dr. Riddell’s leadership, the Foundation has explored new and innovative initiatives to signifi cantly improve the state of wild Pacifi c salmon. This included a comprehensive private-sector program to dramatically improve wild Pacifi c salmon production in the Strait of Georgia, where highly-valued Coho and Chinook salmon populations are presently less than one tenth of historic levels.

All of this would not be possible without the more than 200 individual, corporate, foundation and government contributors who support the Foundation and fund the work of over 35,000 volunteers. On behalf of the Board of Directors and all of the community salmon projects funded in 2009 by the Foundation, thank you for your contribution.

Sincerely,

E.L. (Ned) Pottinger, Chair Pacifi c Salmon Foundation

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2009 Achievements

• The Foundation’s fl agship Community Salmon Program awarded $632,277 to 113 projects throughout British Columbia. The Foundation’s investments were leveraged on a scale of 7:1 by communities and volunteers for a total province-wide project value of $4,054,612.

• The Fraser Salmon and Watersheds Program – a joint program of the Pacifi c Salmon Foundation and Fraser Basin Council - awarded $3,384,044 to 71 projects with a total project value of $7,639,662.

• Five education bursaries were awarded totaling $7,000 to exceptional college and university students who are preparing for careers in salmon-related fi elds.

• A private-sector project was initiated to dramatically improve wild Pacifi c salmon production in the Strait of Georgia, where highly-valued Coho and Chinook salmon populations are presently less than one tenth of past peak levels.

• A $1.25 million Western Economic Diversifi cation grant was secured for three regional stewardship centres and two fi sh passage improvements thanks to the Foundation’s leadership.

• Coordination of two Strategic Salmon Watershed Recovery Plans resulted in eight research and enhancement projects in Rivers and Smith Inlets and six in the Squamish watershed.

• An $80,000 RBC BlueWater grant was received to pilot an independent eco-label program in British Columbia to help farms, vineyards, golf courses and other businesses that impact salmon habitat use “Salmon Safe” land use practices.

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Communications and Outreach

• A new joint marketing program was launched with more than 40 recreational fi shing businesses to encourage anglers to learn more about wild salmon conservation and to support the Pacifi c Salmon Foundation.

• The inaugural wild Pink salmon festival was organized by the Foundation and drew 3,000 people to Vancouver’s Vanier Park along English Bay. The festival was inspired by record forecasted returns of 15 – 20 million pink salmon to the Fraser River, and helped educate the public about the importance of pink salmon to the West Coast ecosystem.

• The fi rst annual Parliament Hill dinner was hosted by the Foundation in Ottawa to brief Senators, Members of Parliament and others in government about wild Pacifi c salmon conservation.

• A special information supplement highlighting the Foundation’s more than 200 major business partners was published in Vancouver’s major business publications.

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2009 Revenue Distribution

Trusts

32%

Foundations &

Endowments25%Government

16%

Fundraising &

Events

11%

Management

Fees

9%

Donations

(Individual and

Corporations)

6%

Other

1%

Revenue 2009Trusts 3,069,690Foundations & Endowments 2,471,219Government 1,599,409Fundraising & Events 1,102,279Management Fees 880,360Donations (Individual and Corporations) 626,882Other 115,832Total 9,865,671

2009 Expense Distribution

Project Grants & Aw ards

50%

Partnered Projects

18%

Leadership and Program Management

13%

Fundraising10%

Overhead9%

Expense 2009

Project Grants & Awards 4,990,075

Partnered Projects 1,809,863

Leadership and Program Management 1,332,951

Fundraising 961,375

Overhead 855,528

Total 9,949,792

*AUDITED BY ERNST & YOUNG

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$1,000,000 and above Canadian National Railway Companym

Fisheries and Oceans Canadam

Gordon and Betty Moore Foundationm

Pacifi c Salmon Endowment Fund Societym

Province of British Columbia Living Rivers Trust Fundm

$499,999 to $999,999

TimberWest Forest Corporationm

West Coast Resorts

$100,000 - $499,999

AnonymousThe Patrick J. Connolly Family*Robert GaytonLangara Fishing AdventuresLondon Enterprises LimitedPort Metro Vancouverm

Rio Tinto AlcanRocky Mountaineer Vacationsm

Tides Canada FoundationEric Peterson, Tula FoundationWashington Marine Group

$50,000 - $99,999

AnonymousAnonymousBC HydroMogens Smed, DIRTT Environmental SolutionsEnbridge Inc.The Gudewill FamilyRobert HagerHSBC Bank CanadaBrian and Barry Stewart, Igloo Building Supplies GroupJuan de Fuca Salmon DerbyMetchosin Volunteer Firemen’s SocietyRick Hansen FoundationShell Canada Limited

Suncor Energy Inc.m

Teekay Shipping CorporationWest Coast Fishing ClubStuart E. WolfeW. J. D. (John) Woodward

$25,000 - $49,999 James A. AllardAnonymousArrow Transportation Systems Inc.Bob and Jan ColeDavid C. ComptonRobert CrossDinner Auction Derby Days SocietyDolphins ResortsThe Fairmont Hotel VancouverFinest At Sea Seafood Producers Ltd.Graymont LimitedKerry HawkinsEdward E. HirstGeorge W. HungerfordInternational Forest Products Ltd.Clifford JackmanDan KinneyKen KirkbyFred P. MannixClarence MillsBruce MuirPacifi c Coastal AirlinesPark Georgia GroupPeregrine Lodge Ltd.Queen Charlotte LodgeGeorge & Wendy ReifelScotty Fishing, Marine & Outdoor ProductsSeymour Pacifi c Developments Ltd.Hon. John L. Nichol, Springfi eld Investmentsm

Kim TangThe Ritchie FoundationTrans-Park Highway Group

$10,000 - $24,999 AnonymousArt in Motion

Message from the ChairmanPacifi c Salmon Endowment Fund Society

The Pacifi c Salmon Endowment Fund Society was created by the Government of Canada in 2000 to manage a $30 million endowment to support wild Pacifi c salmon conservation in British Columbia. Because of its record of strong fi scal stewardship, the Pacifi c Salmon Foundation was selected to develop, manage, and deliver salmon programs in accordance with the mandate of the Fund. The Fund, which is managed by an independent Board of Directors, began in 2009 with a balance of $24,065,004 and ended with a balance of $26,077,701. Total disbursements from the fund were $1,420,833, which refl ected just shy of six per cent of the fund’s value at the beginning of the 2009 fi scal year. During 2009, the Fund realized an investment gain of $2,586,200, which was a marked improvement over a loss of $5,856,223 in 2008 during the heart of the economic downturn. The Board of the Fund is pleased with the accomplishments of the Pacifi c Salmon Foundation in 2009 and looks forward to being a partner in even greater achievements in the years to come with the leadership of Dr. Brian Riddell.

Sincerely,

John Woodward, Chair

Pacifi c Salmon Endowment Fund Society

Donor ListCumulative Giving to December 31Cash and In-Kind

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Ross Beaty, The Sitka FoundationBig Rock Brewery Ltd.Big Time Sport FishingThe Boathouse Restaurants of Canada Inc.Bradley Smoker Inc.Ron BrennemanCanadian Fishing CompanyConnor, Clark & Lunn Investment Management Ltd.Dale CormanD.E.R. Resorts Ltd.Julias De BaarJoanne DemmeryDuncanby Lodge & Marina Inc.EcotrustRhys EytonFairmont Scottsdale Princess, CPFasken MartineauFrench Creek Fishing FestivalPatrick GeorgeGoldcorp Inc.The Great River JourneyHarbour Air Ltd.Harrison’s Cove LodgeHay & Watson Chartered AccountantsHelijet International Inc.Gerry and Pat HickeyThe Highbury FoundationHorizon FX Investments Inc.Intrawest ULCIsland Outfi tters Ltd.Islander Reels Ltd.Joe Fortes Seafood & Chop HouseJohn Keith-KingPete A. Kooi*Labatt Breweries of CanadaLund Boat CompanyRob Magee, GWIL Industries Inc.Mark Torrance, Mark Torrance Foundation*m

Mary and Gordon Christopher Foundationm

Master Marine Services

Mustang Survival CorporationNanook LodgeNielsen’s LodgeNootka Island LodgeNorth King LodgeRudolph NorthOak Bay Marine GroupEd Oldfi eldHoward PaishEric PatelPlutonic Power CorporationE.L. (Ned) PottingerQuality FoodsS.M. Blair Family FoundationD.K. SeamanSeaspan International Ltd.JR ShawShearwater Marine ResortJohn SimpsonC. Alan SmithSweetwater Travel CompanyTrout Unlimited CanadaWilliam TurnbullLeigh WatsonThe Westin Bayshore Resort & MarinaWestwind Tugboat AdventuresLorne WickersonWild Oats Markets Canada, Inc.

$5,000 - $9,999Ace Line HaulerAce of Kings Sportfi shingCheryl AkencloseAloha AirlinesIan AngusAnonymousAshia ModeR.D. BergerDavid BissettRichard BonnycastleDennis BreckonBrown’s Bay Packing Co.Capers Whole Foods MarketCatalyst Paper Brian CliveBob and Kathy Cartwright

Coast Mountain Industries Ltd.Columbia Yukon Explorations Inc.J.R. (Randy) CookeD. Heffring Investments Ltd.Timothy DelesalleDent Island LodgeDouglas Lake RanchDucks Unlimited CanadaEagle Pointe LodgeGarnett EastcottEWOS Canada LimitedFairmont Acapulco PrincessThe Fairmont Vancouver Airport HotelFairweather Cruises & Events Ltd.Favorite Bay Sportfi shing LodgeFernandez Events LLCHon. John A. Fraserm

Fraternal Order of Eagles Aerie #3922Barry FulfordGienow Windows & DoorsGone Fishin’Hawkair Aviation Services Ltd.Home Depot of CanadaHourston Glascraft Ltd.House of Hardy Ltd.John HudsonIsland Waters Fly Fishers SocietyClive JohnsonPaul KariyaKenmore Air SeaplanesKingfi sher’s Rod & Gun ClubKluane Wildnerness LodgeKnight Inlet LodgeL.A. LimousinesLa Societe Des Sieurs Pechurs CoquihalliensLemans Realty Advisors Ltd.Stephen J. LetwinLGL LimitedListel Vancouver HotelJohn R. and Carolynn Loacker*Kevin Mahon, Adera Group of Companies

Marine Harvest CanadaMarine Link ToursMarine TradersMark Anthony Brands Ltd.Richard McCrearyGaylia MeitzenMining Association of British ColumbiaMission Hill Family Estate WineryRobert H. MonroeDavid MurphyNancy LordNikka Industries Ltd.Morris NordNorthwest Chinook RecoveryO’Neill Hotels & Resorts Ltd.Bruce OrrPACCAR of Canada Ltd.Pacifi c Safaris LodgePark Lane Homes Ltd.Thomas PattonThomas A. Polhill*Port Renfrew Marina & R.V. Park Ltd.PricewaterhouseCoopers Ltd.Pure Fishing CanadaRippingale’s FishingStefan RogenmoserRoyal LePageByron J. SeamanSeattle FoundationSemiahmoo Fish & Game ClubSG Power Products Ltd.Jane ShanamanSherwood MarineShimano CanadaPaul SianSilver King LodgeFrank L. Sims*Rick SingletonSkretting Fishing CompanySonora Resort & Conference CentreThe Spectra Hospitality Group Inc.Sport Fishing Institute of British Columbia

*Indicates individuals and organizations who donated to the Pacifi c Salmon Conservation Foundation in 2009. The Pacifi c Salmon Conservation Foundation was created to help facilitate the Pacifi c Salmon Foundation’s efforts in the United States.

m Indicates individuals and organizations who have made an ongoing commitment to the Pacifi c Salmon Foundation through multi-year pledges.

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Warren Staley, Staley Family Foundation*Stamp Pacifi c Sportfi shing Inc.Steep Island Lodge*Bill Trenholme, Trenholme, Jackson & EadeThrifty FoodsUnited Way (Lower Mainland)Vancouver CanucksVancouver Island Helicopter LtdWilliam L. Varner*Larry VeermanW. Maurice Young Foundationm

Weigh West Marine Adventure ResortWest Coast HelicoptersWeyerhaeuser CompanyMilton K. Wong

$1,000 - $4,999

Andrew Storrs, A.T. Storrs Ltd.Abbotsford Brick & BlockCharles Abela*Wayne and Patricia AdamsAero Auto Sense AutopartsAffordable Custom Framing & Fine Art GalleryAGM Outdoorsman’s Pit StopAlbion FisheriesAlexander Caldwell Design Ltd.Alki Beach BoatsAll Weather WindowsAllen and Loreen Vandekerkhove Family FoundationAllen Marine Service Ltd.Mary AmidonAngela Wensley Engineering Inc.Anglo Canadian ShippingAnonymousAnonymousAnonymousAnonymousLynn AntonelliAon Reed Stenhouse Inc.Appleton GalleriesApril Point Developments Ltd.Mike ApseyAquaTerre Spa at Pacifi c Shores Resort & SpaAquachill IndustriesAquatic Contracting LLCArbutus RV & Marine SalesArmtecArran Point LodgeArriva Ristorante Italiano

Atlantis Kayaks Factory OutletAxicon World Imports, Inc.Bill Goorts, B. Goorts Contracting Ltd.B.C. Wildlife StudiosB.W. Creative Wood Industries/Rail SimpleWarren and Sandy BaileyBait Busters Tackle Inc.Banning Sports FishingJohn BarkerBarkley Adventure StationBarraclough FoundationBaycor Capital Inc.BE Pressure Supply Inc.Brad BeaithBear Mountain Golf & Country ClubBelkorp Industries Inc.Bella Coola Fisheries LtdCarlin BennettGeoff T. BertramBest Western Austrian Chalet VillageBig Rock Sculpting & CastBig White Ski ResortBlue Horse Folk Art GalleryBMO Bank of MontrealBN Creative WoodBogart, Robertson & ChuHoward J. Bohlander*Boston PizzaDan BoudreauRick BourneBowser Woodworking & Building Supplies Ltd.Chad BrealeyBrian McLean ChevroletBritish Pacifi c Properties Ltd.Broken Island AdventuresBrookfi eld Power Inc.Keith BrooksMarilyn BrooksBrown’s Bay MarinaRick BryanPeggy BurkoskyBurrard International Holdings Ltd.Stephen ByattFrank TokiokaCactus Club CafeCactus Developments Ltd.Calgary Flames Hockey ClubCam Clark FordCambium Forest Products Inc.

Campbell River Garden CentreCampbell River Snorkel ToursCanaccord Capital CorporationCanada Safeway Ltd.Canada West Antiques Co.Canadian Western BankCancor Cutting & Coring Ltd.Canfor CorporationThe Cannery Seafood HouseCan-Nor Contracting Ltd.Canoe Cove MarinaCanpro Construction Ltd.Capilano Suspension BridgeCapri InsuranceCapstan Enterprises Ltd.Cariboo River Fishing and Jet Boat AdventuresCariboo Rivers LodgeCascade Fishing ChartersCastle FloorsCedar ImagesCentral Mountain Air Ltd.Century Mechanical InstallationsCharles ZuckermanChoice ChartersClace Holdings Ltd.Clarica Life Insurance CompanyWesley ClarkBruce ClarkeClayoquot Ventures Guide ServicesThe Coast Bastion InnCoast Crane Ltd.The Coast Harbourside Hotel & MarinaThe Coast Plaza Hotel & Suites, Stanley ParkCoast Realty Group (Port Alberni)Coast Realty Group (Comox Valley) Ltd.Coast Realty Group (Powell River) Ltd.Coast Spas Manufacturing Inc.Coastal Community Credit UnionCoastline Art Inc.Codfather Charters Ltd.Joey CoieSusan Coleman, Coleman & Coleman Enterprises Ltd.Colliers InternationalComox Valley RecordConcorde DistributingJim ConklinContemporary Communications Ltd

Adrian CooperCopcan ContractingCopeman Healthcare CentreDaphne CorbettCordova Bay Golf CourseCore Body Pilates & YogaCoril Holdings Ltd.Hope CormanMario CorpuzCowichan River Wilderness LodgeMona CraigCrown Isle Resort & Golf CommunityCrystalview Pool & SpaCurves (Nanaimo)Custom Rodbuilders SuppliesJim CuthbertThe Dave Nicholson Benevolent FundDavidson & Son’s Custom Brokers Ltd.David DavisFrank DavisDeep Blue SalesDeloitte & Touche LLPDelta Bow ValleyDelta Vancouver Airport HotelDon’s Boat Transport Ltd.Dorothy Grant Ltd.James DouglasDouglas Lake Equipment LPRoss DouglasErwin DowRoy and Roanne Dunbar, Dunbar Marine Services*Dundee Securities CorporationAllan Dunfi eldDavid DurrantDutro Camp ChefDynamic Mutual FundE&B Helicopters Ltd.Larry EadeEarl’s RestaurantECO Dynamic Solutions (EDS Inc.)Elo Art Inc.Englewood Packing CompanyEnmaxEric L. Barclay Insurance Services Inc.Ernst & Young LLPExecutive House HotelFairwinds Community & ResortFairwinds Real Estate Management Inc.

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Fanny Bay Oysters Ltd.Farewell Harbour ResortTerry FarmerFinn Addict Fishing ChartersFish Art GalleryThe Fish HouseFishing with Shelley & Courtney ProductionsFitzwright Company Ltd.Five Star EmbroideryFour Seasons HotelFour Seasons OlympicFour Seasons Resort WhistlerDenis FrancoeurFraser Basin CouncilBill and Linda FraserFraser River Fishing LodgeFrench Creek Boat SalesFrench Creek House Ltd.French Creek Seafood Ltd.Future FordG&B Estates Ltd.G&M Fishing ChartersG. LoomisG.W. Distributors Ltd.Mike GageGil GamlinDuane GeeGet Out! ProductionsGibbs / Nortac FishingGibby’s Fishing Charters & Oceanfront Accommodations Ltd.Terry GibsonJeffrey GiesbrechtGilbert Art SalesJoan GilbertBrien GillespieGolden Tree JewellersGolf BC GroupGood Times Salmon ChartersWilliam J. GordonGotham Steakhouse & Cocktail BarGrant Thornton LLP (Vancouver)Gavin GrapesDon and Doreen GravesGravrock PhotographyGraymont Western Canada Inc.Great Century FoundationGreat West EquipmentGreen Thumb Nurseries & Landscape Co. LtdIan Griffi n

Peter Gudewill, Vinyltek WindowsSusanne GuestMatthew J. GuiguetJohn GuthrieH.C. Kennedy & SonsMildred HallHalyk International/Starlida Ent. Inc.Hamilton Hall Soles / Ray & Berndtson Inc.Hancock Natural Resource GroupTrevor Hanson, Hanson’s Fishing Outfi ttersHarbour Authority of French CreekThe Harbour Chandler Ltd.Harbour Towers Hotel & SuitesDoug HareRalph HargraveWayne HarlingHarling’s JewellersHarmony AirlinesNancy HarrisTim HarrisonHastings House, Country House HotelVivian HatirasBruce G. HatterBrian HayesHaywood Securities Inc.Hazco Environmental Services LtdRuss HebblethwaiteKelly HeedSylvia HeedLeanne HelinHester Creek Estate WineryMike HicksHidden Valley Conservation ClubMeghan HilderbrandSteven HillsHilltop Greenhouses Ltd.Holt Renfrew & Co. Ltd.Horne CouparTom HosieHot Spot Fishing & Lures Ltd.Lois HourstonJames R. HoustonHowells Furniture for BusinessHub City PavingHurl & AssociatesJ. David HyslopRichard Ingram

Inlet Navigation (1985) Ltd.Integrated Tile & Stone Systems

Investor’s Group Financial ServicesIsland Fisherman MagazineIsland Holdings Inc.Island RadioIsland Timberlands LP.J.J. BarnickeJ.R. Edgett Excavating Ltd.J.S. Foster CorporationJack Gibson GalleryJack Van Zwietering ConstructionJackson Cedar ProductsSam JacksonJames Bay Anglers AssociationWilli JansenFrank JanzenJetstream Capital CorporationJoe Kambeitz, SweewaJohel Brothers Contracting Ltd.Ted JoldaJolly Rogers Fishing AdventuresJones Brown & Associates LimitedJorgensen/Osmond Ltd.Les JourdainJW HoldingsKanaka Creek PoleJan KeastKeg RestaurantsBrian G. KenningKensington Island Properties PartnershipThe Kerrisdale Lumber CompanyKerr Wood Leidal Associates Ltd.KeyBankKing Pacifi c LodgeKingfi sher Oceanside Resort & SpaAnne KinvigKLS Contracting Ltd.Koleszar Marine & Power EquipmentKon Kast Products (2005) Ltd.Kootenay Environmental ServicesKorn/Ferry InternationalKPMGDon KrogsethKruger Products Ltd.

Laird Family Estate VineyardJohn R. LaneJS McMillan Fisheries Ltd.Terry LaniganThe Laughing PelicanLast Cast GuidingLattimer GalleryLaughing Oyster RestaurantNorman LeachLeader SalesJohn LeckyLeFevre GroupLegend Resorts Ltd.Ronald LeierLeisure Canada Inc.Leon Frazer & Associates Inc.Lester B. Pearson CollegeJake LeyenaarArthur LingrenLMB DesignLowrance CanadaTerry A. LyonsJohn MacdonaldNaomi MaceyKarin MacMillanMagnum Frames Inc.Chris MailmanMammoth Tusk Gold Inc.The Marine Butler Ltd.Marine ExpressSuzie MarkoffAmanda MartinsonMaui Jim SunglassesMcDonald Financial Group/Key BankMcDonald’s Restaurants (Powell River)McIvor Communications Inc.Gordon McKayBob McKenzieBryan McKeownFox and Deb McKinleyBryan McKnightMcLaren Lighting Ltd.Katherine McLeanEdward McNallyHowie MeekerDavid MellorMercury MarineMerrill Lynch Ltd.Metso AutomationMid Island CastawaysMiddle Beach LodgeJohn C. Milford

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Robert S. MillarMills Landing Oceanfront ResortMinette Bay LodgeRobin ModestoIvan MoldowanMolson CanadaMomentum FitnessMonk McQueensMoonlight FliesPeter MorrisonHon. Frederick L. MortonMichael MoscovichMountain Equipment Co-opMoxie’s Classic GrillMt. Washington Alpine ResortMussels & More PotteryJames J. NakataniNanaimo & District Fish & Game Protective AssociationNanaimo AirportNo Bananas Fishing ChartersNo Limit ChartersNootka Wilderness LodgeNorlien FoundationNorth Growth ManagementNorth Ridge Fitness CentreNorth West Marine Trade AssociationNorthwest Hydraulics Consultants Ltd. (North Vancouver)Northwest Plastics Ltd.O.P. Publishing Ltd. / BC OutdoorsOcean Fisheries GPOcean Mist Retreat & ChartersOcean Pacifi c Marine Supplies Ltd.Ocean Sport Enterprises Ltd.Oceanside Outfi ttersAdrian O’ConnorOff Hand GlassworksOkanagan Hockey SchoolO’Ki Tackle Manufacturing Ltd.Old Gnome GalleryOlympic Boat CentersOMC/Sherwood MarineOP PublishingOpus Hotel & Elixir RestaurantOrca Spirit Adventures Ltd.Orchard Ford Sales Ltd.The Pallan GroupPatrick and Hilary OswaldOutdoor Group Media

Outdoor Publishing GroupPacifi c AnglerPacifi c Net & TwinePacifi c Rainforest Adventure Tours Inc.Parksville Boat HousePayne’s Marine SupplyDerek PeachPearson College of the Pacifi cPeddar Bay MarinaPeetz ManufacturingPescatore’s Fish HouseAnita PetersonWarren PetersonPhillips, Hager & North Investment Management Ltd.Don PikePoets Cove Resort & SpaDoug PollardPollen Sweaters Inc.Port Boat House Ltd.Port of Sidney MarinaPorta-BoteHein PoulusThe Powell River PeakPowell River Ready MixPrinciple Leasing CorporationPriority Consulting Group Inc.John PylesQuatsino LodgeQuesnel Cariboo ObserverMatthew QuinlanLuke Raffi nRamada Park PlazaMike RebarRedl Sports DistributorsReel Obsession Sport FishingDennis C. ReidRex Rotisserie & GrillRhys Davis Lures Ltd.Dr. Brian RiddellRiley’sRimRock Café & Oyster BarDianna RivardRiver Sportsman Ltd.Rivers Inlet Sportman’s ClubRiverside Bed & BreakfastRLI CorporationRobinson’s Outdoor Store Ltd.Rogers VideoDavid F. RollinsRon Clark and Associates Inc.Royal Scot Suite HotelGlen Rumpel

S & G PowerS. Lampman Ltd.

Saltwater Cowboys Charter CompanyDiane SampsonSamson LodgeRonnie SchindelTerry SchultzScotia Cassels Investment Counsel LimitedBrian ScottPeter ScottScott Plastics Ltd.Screaming Fish & FlySea Quest Adventures Ltd.Seabeam Fishing ResortSeaPro DistributionSeaspray ArtSea-Tux Diving Ltd.Richard SelfThomas SeltzerShane’s Built-in VacuumsRalph ShawMel ShengShilo LivingW. W. SiebensSilastial GlassworkSilverstreak Boats Ltd.Neil G. SinclairStan SkuseSkytel CellularSliammon Salmon HatcheryAnn SmithSmokemasterSmyly ChartersJonothan SmylySom Visao SpaSoma Life International Inc.Sooke Salmon Enhancement SocietySound Flight Inc.Terry SparksSpectrum Management Ltd.Spinnakers Brewpub & Guest HouseSpirit of the West AdventuresSR Hills Guiding Ltd.St. Jean’s Cannery & Smoke HouseSt. Mary Angler Fly Shop Ltd.StarbucksDan StephensSteve Shelley Fishing Adventures

Stone Cottage GallerySTS Guiding ServiceSummerhill Estates WinerySundance Seafood Ltd.Sund’s Malcolm Island LodgeSunrise GallerySuper Heater Sales & Service Ltd.Peter SwintonDon Swobodam

Taws Cycle & SportsTerry TebbTed Leroy Trucking Ltd.Tees Kiddle SpencerTelus CorporationRod TetreaultThis Island EnterprisesThunder Bay Saw ShopThunderbird Marine Corp.Tigh-Na-Mara Resort HotelTinhorn Creek Vineyards Ltd.Tom Harris Chevrolet Cadillac Ltd.Tomic Lures Ltd.Top Shelf Feeds Inc.Brad TorryToseki Entertainment Ltd.Total Delivery Systems Inc.Thomas and Yvonne ToynbeeEd TribeTroll’s RestaurantTrotac Marine Ltd.Tug-Guhm GalleryTulalip TribesTim TullisDan C. TutcherTwin Anchor HouseboatsThe Tyee Club of British ColumbiaTyee Marine & Fishing SuppliesThe Union Club of BCUplands Golf ClubValley Building SuppliesValley Canvas & AwningValley Curbing Ltd.Robert Van PeltVanCity Savings Credit UnionVancouver Aquarium Marine Science CentreVancouver Island Air & SeaVancouver Island Carving Co.Vancouver Yuan Yung Buddhism Centre SocietyVinylbilt ShuttersWilliam Von Brendel

9

W&J WilsonW.P. Scott Charitable FoundationJohn WaneWatership FoundationWaterway Houseboats Ltd.Rob WeaverGord WeberWeldwood of Canada Ltd.Wells Can Company Ltd.The Westin Bear Mountain Victoria Golf Resort & SpaWest Coast Fish ExpeditionsWest Coast Industrial Maintenance Ltd.West Coast River ChartersWest Fraser Mills Ltd.West Fraser Timber Co. Ltd.John WestThe Westerly HotelWest Marine Products Inc.Westbay Marine VillageWestern Silver CorporationWestern Spirit Investments Ltd.The Westin Pasadena HotelThe Westin SeattleWestin Squire HoldingsWestport Marine Ltd.Westview PharmacyWest Wold Turf Farms & Sun Valley Turf FarmWest-Wind Nurseries Ltd.Don WheatleyThe Wickaninnish InnCarol WilcoxJudi WildWild Rose Ranch & ResortBryan WilliamsJon WilliamsArthur WilliamsWindset FarmsWoodland Equipment Inc.Woodland Hills On the RidgeCaroline V. WoodwardJames W. WrightKaren WristenYellow Bird Art GalleryYellow Point Bitz and BratzHowie YoungDoug ZilkieTodd and Linda ZimmerlingZLC Financial Group

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Pacifi c Salmon Foundation#300 1682 West 7th AvenueVancouver, BC, V6J 4S6E-mail: [email protected]: (604) 664-7664Fax: (604) 664-7665www.psf.ca

Canadian Tax #: 11907 5638 RR0001U.S. Tax #: 43-1996058