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WHAT TYPES OF PROJECTS DOES THE ELK FOUNDATIONS LANDS PROGRAM DO?

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WHAT TYPES OF PROJECTS DOES THE ELK FOUNDATIONS LANDS PROGRAM DO?

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The Elk Foundation’s Lands Program focuses on six project types: • Fee Title Acquisitions: The Elk Foundation purchases land to conserve its wildlife values. These lands are usually sold to a state or federal agency or placed under a conservation easement and conveyed to a conservation buyer. The Elk Foundation generally does not retain ownership of land. • Conservation Easements: A conservation easement is a voluntary legal agreement with a property owner, identifying the uses that may occur on their property. While permanently protecting wildlife habitat, conservation easements also meet the needs of landowners by helping them retain ownership of their land, protect their property for their heirs, and they usually provide income, estate and gift tax benefits. Conservation easements are typically donated to the Elk Foundation. The Elk Foundation may place a conservation easement on a property it owns and then resell the property with the conservation easement in place. • • Real Estate

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