A Field Guide to Conservation Finance by Story Clark

By Story Clark

Finally, a accomplished publication on land conservation financing for group

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It is close to a trendy resort. For a developer, these 120 acres would be perfect for retail and a large residential subdivision. The more appealing the project is, the easier it can be to finance, especially privately. If it has a combination of special attributes, it can attract a more diverse following and a greater variety of funding sources. , fishers and float trip operators). Your parcel may not have all those attributes though. It may be only an acre and a half, located behind a grocery store and too wet to easily see or visit.

Still, they manage very well. The volunteer land trust board on which I served for many years partnered with another land trust for its more technical functions and hired a good lawyer to draw up the documents. This allowed the board, committees, and volunteers to initiate contact with landowners, to negotiate conservation transactions, to design and implement a stewardship program, and to raise funds. An all-volunteer land trust should not shy away from setting an ambitious strategic vision, negotiating tough deals, or borrowing money for financing deals.

Both the board and staff should be responsible for fiscal matters. At the board level, a member good with details and numbers should get the job of treasurer and be expected to report to the board at least quarterly with written financial information (which can be prepared by the bookkeeper or staff member). In a staffed organization, a senior staff member or chief financial officer should be watching the books even more closely. The responsible staff person and the board treasurer should meet regularly (monthly or quarterly depending on the scale and activity level of the organization) to review all of the organization’s financials.

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