What happens to the conservation easement if PFT can no longer hold it?
PFT is committed to being around to fulfill its obligations as the grantee of conservation easements. That is one reason PFT establishes a Stewardship Endowment for each easement it accepts, enabling the organization to fund its future costs. In addition, PFT s conservation easements include a provision in which the easement can be assigned to another qualified organization if PFT should go out of existence. Sometimes a specific “back-up” grantee organization is named, allowing for a smooth transition of responsibilities if necessary.
