We’re pleased to share our 2025 Public Benefit Report. Through strong partnerships with our investors, farmers, and team, we’re building a model that compounds over time—strengthening both impact and long-term returns.

In this year’s report, we take a closer look at the farms behind the portfolio and the people stewarding the land, including Paul Hoffman of Hoffman Family Farm in Illinois and Justin Butts of Black Wind Farm in New York. Their stories demonstrate what can be achieved when farmers have the right foundation to succeed over the long term.

You’ll also find a clear view into how we operate—from our governance and investor community to the values and discipline that guide our decisions. As of December 31, 2025, our portfolio stands at $124.4 million in assets, invested alongside more than 65 farmers stewarding over 36,000 acres of farmland that is certified organic or in transition.

This is what steady progress looks like. Acre by acre. Farm by farm. Thank you to everyone who continues to partner with us as we build the organic future—and deliver results for many generations to come.