What is a Conservation Restriction Enforcement Endowment and how is the amount determined?
EQLT encourages a cash gift to the Enforcement Endowment for each conservation restriction it acquires. A conservation restriction is a perpetual obligation and responsibility for EQLT, and it is important that funds be available to ensure that EQLT has the means to fulfill the landowner’s goal of protecting the property. The endowment is a fund held in a restricted-purpose account at EQLT and is used to pay for the annual cost of monitoring the conservation restriction. The Enforcement Endowment also serves as a reserve in case extraordinary legal or other expenses are required to defend and enforce a restriction held by EQLT. Gifts to the Enforcement Endowment at EQLT typically range from $4,000 to $8,000. Complex restrictions may require additional funds. EQLT is flexible as to the manner in which Enforcement Endowments are contributed. They can be paid in installments, through a bequest, through a modest assessment if the land is sold in the future, or by donating the timber rights
