2017-02-14T15:13:57-06:00 2016-03-31 620713250 KRAFTCPAS PLLC 555 GREAT CIRCLE ROAD NASHVILLE TN 37228 990 2015-04-01 621770549 THE LAND TRUST FOR TENNESSEE INC LAND 6152445263 209 10TH AVENUE SOUTH NO 327 NASHVILLE TN 37203 LIZ MCLAURIN PRESIDENT 6152445263 2017-02-14 1 KEN YOUNGSTEAD P00320901 6152427351 2017-02-13 2015 2021-01-29 14:40:06Z LIZ MCLAURIN 209 10TH AVENUE SOUTH NO 327 NASHVILLE TN 37203 3692187 0 X WWW.LANDTRUSTTN.ORG X 1999 TN TO PRESERVE THE UNIQUE CHARACTER OF TENNESSEE'S NATURAL AND HISTORIC LANDSCAPES AND SITES FOR FUTURE GENERATIONS. 31 30 20 48 0 0 3063149 3390694 0 0 59487 55475 57969 140831 3180605 3587000 0 0 0 0 1023072 975436 0 0 280915 3170843 1913105 4193915 2888541 -1013310 698459 17005790 17657202 67744 75678 16938046 17581524 X TO PRESERVE THE UNIQUE CHARACTER OF TENNESSEE'S NATURAL AND HISTORIC LANDSCAPES AND SITES FOR FUTURE GENERATIONS. 0 0 2517915 FOUNDED IN 1999, THE LAND TRUST FOR TENNESSEE PERMANENTLY PROTECTS LAND THROUGH A RANGE OF TOOLS INCLUDING DONATED CONSERVATION EASEMENTS, PURCHASED CONSERVATION EASEMENTS, LAND DONATIONS, BARGAIN SALE ARRANGEMENTS, TRANSACTION FACILITATION AND LAND PURCHASES. THE LAND TRUST HOLDS CONSERVATION EASEMENTS ON PUBLIC AND PRIVATE LAND, INCLUDING FARMS, FORESTLAND AND URBAN OPEN SPACES; AND WE ARE THE ONLY STATEWIDE CONSERVATION ORGANIZATION WITH AN ACTIVE FARMLAND CONSERVATION PROGRAM. WE RAISE FUNDS (OFTEN TO THE TUNE OF TRIPLE OUR OPERATING BUDGET) THAT GO DIRECTLY INTO CONSERVATION PROJECTS, WHETHER FOR TRANSACTION ASSISTANCE OR FOR DIRECT ACQUISITION. WE FACILITATE ACQUISITIONS TO ADD LAND TO STATE NATURAL AREAS, STATE PARKS, STATE FORESTS, WILDLIFE PRESERVES AND MUNICIPAL PARKS. WE ASSIST MUNICIPALITIES AND INDIVIDUALS WITH PLANNING PROCESSES AND COALITION-BUILDING AROUND THOSE PROCESSES. WE ARE ACTIVELY ENGAGED IN COMMUNITY CONSERVATION - FOSTERING COMMUNITY AWARENESS ABOUT THE PUBLIC BENEFITS OF LANDSCAPE CONSERVATION THROUGH WORKSHOPS, SCHOOL PROGRAMS, FIELD TRIPS AND EVENTS ALL OVER THE STATE AND AT GLEN LEVEN FARM. AS OF MARCH 31, 2016, THE LAND TRUST FOR TENNESSEE HAS PERMANENTLY PROTECTED OVER 100,000 ACRES OF LAND THROUGH 321 PROJECTS. IN FY16, THE LAND TRUST FOR TENNESSEE COMPLETED 23 PROJECTS TOTALING 5,587 ACRES IN 17 DIFFERENT COUNTIES ACROSS THE STATE. PROTECTED LANDS INCLUDE WORKING FARMS AND FORESTS, RECREATIONAL LANDS (BOTH PRIVATE AND PUBLIC), SCENIC VIEWSHEDS, WILDLIFE HABITAT, LANDS WITH ECOLOGICAL SIGNIFICANCE, AND LANDS CONTAINING SIGNIFICANT WATER RESOURCES. THESE PROPERTIES WERE PROTECTED THROUGH DONATED CONSERVATION EASEMENTS, PURCHASED CONSERVATION EASEMENTS, AND DIRECT LAND ACQUISITIONS. TRANSACTIONS WERE COMPLETED IN PARTNERSHIP WITH DOZENS OF PRIVATE LANDOWNERS, THE DEPARTMENT OF DEFENSE AT FT. CAMPBELL, USDA'S NATURAL RESOURCES CONSERVATION SERVICE, METRO NASHVILLE DAVIDSON COUNTY PARKS DEPARTMENT, TENNESSEE DEPARTMENT OF ENVIRONMENT AND CONSERVATION, AND PRIVATE FOUNDATIONS. THE LAND TRUST ALSO SUCCESSFULLY MONITORED, MANAGED AND ENFORCED ALL EXISTING CONSERVATION EASEMENTS AND PROPERTIES WITH THE HELP OF OVER 30 TRAINED VOLUNTEERS. PROJECT HIGHLIGHTS FROM FY16:- TWO PROJECTS IN MONTGOMERY COUNTY IN PARTNERSHIP WITH THE DEPARTMENT OF DEFENSE AT FT. CAMPBELL. THESE PROPERTIES WERE PROTECTED THROUGH THE ARMY COMPATIBLE USE BUFFER PROGRAM (ACUB) WITH THE PURPOSE OF PROTECTING OPEN SPACE AND HABITAT IN THE AREAS BUFFERING MILITARY INSTALLATIONS THROUGHOUT THE COUNTRY. - 5 PROPERTIES IN NASHVILLE-DAVIDSON COUNTY, ONE OF THE FASTEST GROWING COMMUNITIES IN THE SOUTHEAST REGION. THIS INCLUDES 770 ACRES OF LAND THAT HAVE BEEN ADDED TO THE METRO-NASHVILLE PARKS SYSTEM, CREATING PUBLIC RECREATION OPPORTUNITIES IN THE SOUTHEAST AND NORTHWEST CORNERS OF THE COUNTY. - OUR FIRST THREE PROJECTS IN LYNCHBURG-MOORE COUNTY TO PROTECT THE CHARACTER AND HISTORIC QUALITIES THAT MAKE LYNCHBURG A GREAT RURAL COMMUNITY AND TOURIST DESTINATION. - THE PURCHASE OF 154 ACRES IN PARTNERSHIP WITH THE STATE OF TENNESSEE- STATE PARKS TO ADD A NEW PARKING AREA, ACCESS POINT AND NEW HIKING TRAILS TO BURGESS FALLS STATE PARK IN PUTNAM COUNTY. - THE PROTECTION OF 140 ACRES OF HISTORIC MILKY WAY FARM, ON THE NATIONAL REGISTER OF HISTORIC PLACES IN GILES COUNTY. MILKY WAY FARM WAS FOUNDED BY FRANK MARS IN THE 1930S AFTER THE SUCCESS OF HIS MILKY WAY CANDY BAR. - 320 ACRES IN SUMNER COUNTY OWNED AND OPERATED BY THE REESE FAMILY WHO HAS SUPPLIED MULES TO GRAND CANYON NATIONAL PARK SINCE THE 1920S. - 3 PROPERTIES TOTALING 450 ACRES IN THE LOWER DUCK RIVER WATERSHED, ONE OF THE MOST BIOLOGICALLY DIVERSE INLAND RIVER SYSTEMS IN NORTH AMERICA. THE LAND TRUST FOR TENNESSEE'S GLEN LEVEN FARM, LOCATED JUST FOUR MILES FROM THE CENTER OF DOWNTOWN NASHVILLE, IS TRULY THE "FRONT DOOR" OF THE ORGANIZATION. ALL OF OUR ACTIVITIES AND EVENTS ON SITE ARE TO RAISE THE VISIBILITY OF THE LAND TRUST AND THE IMPORTANCE OF LAND CONSERVATION. GLEN LEVEN FARM CONTINUED TO GROW AS A CENTER FOR CONSERVATION EDUCATION. SIXTEEN SCHOOL GROUPS, INCLUDING PRIVATE, TITLE I AND NON-TITLE I SCHOOLS, PARTICIPATED IN THE ORGANIZATION'S FALL AND SPRING "NATURE'S CLASSROOM" OUTDOOR-BASED FIELD TRIP PROGRAM. ALL PROGRAMS ARE DESIGNED TO MEET TENNESSEE STATE CURRICULUM STANDARDS, AND STAFF WORKED WITH EDUCATORS AT THE INDIVIDUAL LEVEL TO CREATE UNIQUE PROGRAMS TO MEET THE NEEDS OF EACH GROUP. LAND TRUST STAFF CONDUCTED NUMEROUS TOURS OF THE PROPERTY FOR ADULTS, AS WELL AS DEVELOPED PARTNERSHIPS WITH SECONDARY SCHOOLS AND UNIVERSITIES. COMMUNITY OUTREACH ALSO INCLUDED MISSION-RELATED PUBLIC PROGRAMS AND EVENTS, INCLUDING ONCE IN A BLUE MOON, THE ORGANIZATION'S LARGEST FUNDRAISING EVENT, AS WELL AS TWO EASEMENT CLOSING CELEBRATIONS. ADDITIONALLY, THE FARM WAS THE SETTING FOR TWO OPEN DAYS IN WHICH THE COMMUNITY WAS INVITED TO VISIT GLEN LEVEN FARM FREE OF CHARGE. AT THESE PROGRAMS, ATTENDED BY SEVERAL HUNDRED GUESTS, LAND TRUST STAFF AND VOLUNTEERS SHOWCASED THE AGRICULTURAL ELEMENTS OF THE PROPERTY, INCLUDING OUR PARTNERSHIP WITH THE HERMITAGE HOTEL AND THEIR HEIRLOOM GARDEN PROJECT, OUR CATTLE OPERATOR, GL SHORTHORNS, AND OUR TWO MINIATURE DONKEYS. THE HONEY BEE SANCTUARY, MANAGED BY A VOLUNTEER, CONTINUED TO THRIVE AND BE AN EDUCATIONAL ASSET TO THE COMMUNITY, AS WELL AS AN ASSET TO THE PROPERTY'S ECOSYSTEM. THROUGHOUT FY16, THE LAND TRUST PARTICIPATED IN OVER 100 PUBLIC EVENTS, REACHING OVER 5,000 LANDOWNERS, COMMUNITY MEMBERS, ADVISORS AND LOCAL OFFICIALS. THIS INCLUDED SPEAKING ENGAGEMENTS, BOOTH DISPLAYS, FIELD DAYS, FESTIVALS AND CONFERENCES. WE ALSO PROVIDED INDIVIDUALIZED CONSERVATION INFORMATION TO OVER 200 LANDOWNERS INTERESTED IN LEARNING ABOUT CONSERVATION OPTIONS THROUGH ONE-ON-ONE CONVERSATIONS AND ON SITE MEETINGS. THIS HAS RESULTED IN A PIPELINE OF OVER 60 ACTIVE PROJECTS FOR FY17. THE WORK OF THE LAND TRUST WOULD NOT BE POSSIBLE WITHOUT COLLABORATIONS WITH OTHER CONSERVATION ORGANIZATIONS AND GOVERNMENT AGENCIES. NGO PARTNERS INCLUDE: THE CONSERVATION FUND, THE OPEN SPACE INSTITUTE, THE NATURE CONSERVANCY- TN CHAPTER, THE ACCESS FUND, THE SOUTHEAST CLIMBER'S COALITION, THE MOUNTAIN GOAT TRAIL ALLIANCE, FRIENDS OF RADNOR LAKE, FRIENDS OF THE SOUTH CUMBERLAND STATE PARK, CUMBERLAND RIVER COMPACT, CUMBERLAND REGION TOMORROW, THE HERITAGE FOUNDATION OF FRANKLIN AND WILLIAMSON COUNTY, TENNESSEE PRESERVATION TRUST, FARMLAND LEGACY PARTNERSHIP; GOVERNMENT PARTNERS INCLUDE: METRO NASHVILLE-DAVIDSON COUNTY, TENNESSEE WILDLIFE RESOURCES AGENCY (TWRA), TENNESSEE DEPARTMENT OF ENVIRONMENT AND CONSERVATION (TDEC), TENNESSEE DEPARTMENT OF AGRICULTURE, TENNESSEE HISTORICAL COMMISSION, THE NATIONAL PARK SERVICE AT THE NATCHEZ TRACE PARKWAY, USDA'S NATURAL RESOURCES CONSERVATION SERVICE, AND THE DEPARTMENT OF DEFENSE AT FT. CAMPBELL. WE ARE ALSO INVOLVED IN REGIONAL AND LOCAL PLANNING EFFORTS WITH HUNDREDS OF PARTNERS SUCH AS THRIVE 2055 IN THE CHATTANOOGA REGION, PLAN TO PLAY: THE NASHVILLE PARKS MASTER PLAN UPDATE, AND LIVABLE NASHVILLE COMMITTEE. 2517915 1 1 0 1 0 0 1 0 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 45 0 1 20 1 0 0 0 0 0 1 1 0 0 0 0 X 31 30 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 TN X X LIZ MCLAURIN 6152445263 209 10TH AVENUE SOUTH 327 NASHVILLE TN 37203 BRAD SOUTHERN LAND PROTECTION CHAIR 1.00 X 0 0 0 KEITH MEACHAM DIRECTOR 1.00 X 0 0 0 GREG VITAL DIRECTOR 1.00 X 0 0 0 JOE HODGSON DIRECTOR 1.00 X 0 0 0 JEFF LIPSCOMB DEVELOPMENT & COMMUNICATIONS VICE-CHAIR 1.00 X 0 0 0 OPHELIA PAINE GLEN LEVEN CHAIR 1.00 X 0 0 0 KAY S SIMMONS DEVELOPMENT & COMMUNICATIONS CHAIR 1.00 X 0 0 0 KATE SHERRARD CHINN DIRECTOR 1.00 X 0 0 0 ROSEMARY DINKINS DIRECTOR 1.00 X 0 0 0 CHUCK ELCAN DIRECTOR 1.00 X 0 0 0 KELLY GILL DIRECTOR 1.00 X 0 0 0 RANDY GRAVES DIRECTOR 1.00 X 0 0 0 DOYLE RIPPEE GOVERNANCE CHAIR 1.00 X 0 0 0 ELLEN MOORE DIRECTOR 1.00 X 0 0 0 EMILY MCALISTER DIRECTOR 1.00 X 0 0 0 LYNN LASSITER KENDRICK DIRECTOR 1.00 X 0 0 0 MARTIN BROWN JR DIRECTOR 1.00 X 0 0 0 RICHARD BOVENDER DIRECTOR 1.00 X 0 0 0 ROBERT JOHNSTON DIRECTOR 1.00 X 0 0 0 BROOKS MATTHEWS DIRECTOR 1.00 X 0 0 0 DAPHNE BUTLER DIRECTOR 1.00 X 0 0 0 KIMBERLY KAEGI DIRECTOR 1.00 X 0 0 0 MATTHEW P MILLER DIRECTOR 1.00 X 0 0 0 MARK MANNER BOARD CHAIR 2.00 X 0 0 0 VICKI PIERCE TURNER DIRECTOR 1.00 X 0 0 0 BRIAN TIBBS DIRECTOR 1.00 X 0 0 0 SAM BELK TREASURER/ FINANCE CHAIR 2.00 X X 0 0 0 DOUG CRUICKSHANKS SECRETARY/ FINANCE VICE-CH 1.00 X X 0 0 0 SARA FINLEY STRATEGY CHAIR 8.00 X X 0 0 0 JEAN C NELSON CEO 60.00 X X 111371 0 11643 ALYSIA MERCER DIRECTOR OF FINANCE 40.00 X 5827 0 0 ELIZABETH MCLAURIN PRESIDENT 40.00 X 89715 0 6113 206913 0 17756 1 0 0 0 0 83657 3307037 5177 3390694 55475 55475 8424 0 8424 8424 8424 237594 83657 105187 132407 132407 3587000 8424 0 187882 268264 198330 21355 48579 591020 457494 16673 116853 10045 7776 283 1986 43939 34012 1240 8687 62168 48123 1754 12291 21322 14630 2370 4322 14813 7290 2664 4859 54690 37526 6078 11086 21139 16127 1775 3237 25596 18068 2666 4862 49370 36479 4314 8577 131361 98867 11433 21061 50257 48218 628 1411 48 33 5 10 52542 51551 351 640 58230 48354 3497 6379 EASEMENT & LAND ACQUISI 1079787 1079787 TRANSACTION ASSISTANCE 105533 105349 65 119 EASEMENT PREPARATION 70900 70894 2 4 DEVELOPMENT & OTHER FUN 29834 22183 2098 5553 147683 116824 10460 20399 2888541 2517915 89711 280915 3995321 3936202 351397 301525 54629 83186 30473 55890 10405818 221671 9428745 10184147 3116150 3093478 29075 2774 17005790 17657202 38669 73404 29075 2274 67744 75678 X 9580877 9751938 7357169 7829586 16938046 17581524 17005790 17657202 698459 -54981 0 X X 0 1 X 1 0 X 3596229 2237340 3492363 3063149 3388124 15777205 3596229 2237340 3492363 3063149 3388124 15777205 1555848 14221357 13755 27535 54676 67529 63899 227394 16004599 1531358 0.88860 0.91380 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1 0 0 0 0 1 480 0 0 480 0 PART II-B, LINE 1: TO PROMOTE THE ENHANCED TAX INCENTIVES AND OTHER FUNDING MECHANISMS FOR CONSERVATION INITIATIVES RELATED TO OUR MISSION. X X X X 283 76097.00 1 1 2016.00 75495 0 2511448 -75014 16194 2420240 2402018 127002 17572 2511448 2238216 8512 159874 4584 2402018 2076840 153580 7836 40 2238216 133000 1942698 1142 0 2076840 1.00000 0 0 7130691 7130691 3126826 104352 3022474 148301 117319 30982 10184147 INVESTMENTS WITH DONOR RESTRICTIONS 1026356 C INVESTMENTS WITH BOARD DESIGNATIONS 2067122 C 3093478 FUNDS HELD ON BEHALF OF OTHERS 2274 2274 X 3639467 -54981 50637 56811 52467 3587000 0 3587000 2995989 50637 56811 107448 2888541 0 2888541 PART II, LINE 5: EASEMENT MONITORING: THE LAND TRUST FOR TENNESSEE IS AN ACCREDITED LAND TRUST. ACCREDITATION RECOGNIZES AN ORGANIZATION'S COMMITMENT TO EXCELLENCE AND CONTINUAL LEARNING AND IMPROVEMENT. MONITORING IS THE REGULAR AND SYSTEMATIC GATHERING OF INFORMATION ABOUT A CONSERVED PROPERTY TO DETECT CHANGES AND TO ENSURE THAT THE PROPERTY IS BEING USED IN ACCORDANCE WITH THE RESTRICTIONS PLACED ON IT AND/OR MANAGEMENT PLAN. EACH PROPERTY, WHETHER PROTECTED BY A CONSERVATION EASEMENT OR OWNED BY LTTN (THE LAND TRUST FOR TENNESSEE), WILL BE MONITORED AT LEAST ONCE ANNUALLY IN A MANNER APPROPRIATE TO THE SIZE AND RESTRICTIONS OF THE PROPERTY. MONITORS MAY INCLUDE LTTN STAFF, BOARD OR COMMITTEE MEMBERS, TRAINED VOLUNTEERS AND RELEVANT PROFESSIONALS. THE MONITOR FOLLOWS THE FOLLOWING BASIC STEPS FOR THE MONITORING VISIT: 1.CONTACT THE LANDOWNER TO INFORM HIM/HER OF THE VISIT AND TO INVITE THEM TO ACCOMPANY THE MONITOR. 2.PRIOR TO THE VISIT, REVIEW THE BASELINE DOCUMENTATION REPORT, PAST MONITORING REPORTS AND THE CONSERVATION EASEMENT OR THE MANAGEMENT PLAN, WHICHEVER IS APPLICABLE, VIA FILE OR DATABASE. 3.BRING CONSERVATION EASEMENT SUMMARY ON THE SITE VISIT TO USE AS A REFERENCE. 4.IF MONITOR IS A VOLUNTEER, COMPLETE THE STEWARDSHIP MONITOR RELEASE FORM IF NOT COMPLETED AT VOLUNTEER TRAINING. 5.INSPECT THE CONSERVED PROPERTY, EITHER FROM THE AIR OR ON THE GROUND. WHILE INSPECTING, TAKE NOTES AND PHOTOGRAPHS. 6.FILL OUT A STEWARDSHIP SITE VISIT MONITORING FORM PROVIDING A WRITTEN DOCUMENTATION OF WHAT WAS SEEN AND SUBMIT TO STEWARDSHIP MANAGER. IF THERE IS A SUSPECTED VIOLATION OF THE CONSERVATION EASEMENT, THEN THE FOLLOWING ENFORCEMENT OF EASEMENTS PROCEDURES ARE FOLLOWED. ENFORCEMENT OF EASEMENTS: LTTN IS COMMITTED TO PROTECTING THE CONSERVATION VALUES AND PURPOSES EMBODIED IN ITS CONSERVATION EASEMENTS. AS A GENERAL RULE,THE BOARD OF DIRECTORS OF LTTN WILL ENFORCE THE TERMS OF ITS CONSERVATION EASEMENTS AND, CONSISTENT WITH SUCH TERMS, SEEK TO REMEDY VIOLATIONS THEREOF IN ORDER TO, AMONG OTHER THINGS, PROTECT THE CONSERVATION VALUES OF THE LAND, MAINTAIN PUBLIC CONFIDENCE IN LTTN'S MISSION, SUPPORT LTTN'S LEGAL AUTHORITY TO ENFORCE THE TERMS OF OTHER CONSERVATION EASEMENTS, AND MAINTAIN LTTN'S TAX-EXEMPT STATUS AS A CHARITABLE ORGANIZATION. IN CONNECTION WITH A STEWARD'S MONITORING OF A CONSERVATION EASEMENT, ANY SUSPECTED VIOLATION OF THE TERMS OF A CONSERVATION EASEMENT ARE TO BE RECORDED ON THE FORM AND IMMEDIATELY REPORTED TO THE STEWARDSHIP MANAGER. VIOLATIONS MAY ALSO BE REPORTED BY A STAFF OBSERVATION OUTSIDE THE ANNUAL MONITORING VISITS OR BY AN UNRELATED THIRD PARTY, SUCH AS A NEIGHBOR, LOCAL GOVERNMENT AGENCY, OR OTHER COMMUNITY ORGANIZATION. 1.SUSPECTED VIOLATIONS, INCLUDING A DETAILED DESCRIPTION THEREOF, ARE RECORDED BY THE MONITORING STEWARD OR LTTN STAFF MEMBER RECEIVING NOTICE THEREOF. THE STEWARD OR STAFF MEMBER IS, TO THE EXTENT POSSIBLE, TO DISCERN AND DOCUMENT WHETHER THE SUSPECTED VIOLATION HAS BEEN CAUSED BY THE LANDOWNER OR SOME OTHER PERSON. THE MONITORING STEWARD WILL REFRAIN FROM DISCUSSING THE SUSPECTED VIOLATION WITH THE LANDOWNER. 2.THE MONITORING STEWARD OR STAFF PERSON WILL IMMEDIATELY REPORT THE SUSPECTED VIOLATION TO THE STEWARDSHIP MANAGER, WHO, IN TURN, WILL IMMEDIATELY INFORM THE PRESIDENT AND OTHER APPROPRIATE MEMBERS OF LTTN STAFF. 3.THE STEWARDSHIP MANAGER OR DESIGNATED STAFF MEMBER THEN CONSULTS THE ORIGINAL TERMS OF THE CONSERVATION EASEMENT AND EVALUATES THE DOCUMENTATION REGARDING THE SUSPECTED VIOLATION. IN THE CASE OF A NON-STEWARD OBSERVER, THE STEWARDSHIP MANAGER WILL SCHEDULE A MONITORING VISIT WITH THE LANDOWNER TO INSPECT THE SITE OF THE SUSPECTED VIOLATION AND TAKE PHOTOGRAPHS. THIS PHYSICAL INSPECTION WILL BE PERFORMED BY THE STEWARDSHIP MANAGER, CONSERVATION DIRECTOR, PRESIDENT, A BOARD MEMBER, OR ANY COMBINATION THEREOF. 4.ALL DOCUMENTATION OF THE SUSPECTED VIOLATION (INCLUDING PHOTOGRAPHS, IF ANY) WILL BE RECORDED IN LTTN'S STEWARDSHIP FILES RELATING TO THE AFFECTED CONSERVATION EASEMENT. 5.UNLESS IT IS CLEAR THAT NO VIOLATION OF THE CONSERVATION EASEMENT HAS OCCURRED, THE STEWARDSHIP MANAGER WILL THEN DISCUSS POTENTIAL RESOLUTIONS WITH OTHER STAFF MEMBERS. IN ADDITION, THE LAND PROTECTION STAFF WILL DISCUSS POTENTIAL RESOLUTIONS WITH THE STEWARDSHIP OR LAND PROTECTION COMMITTEE, LTTN'S ATTORNEY, AND THE BOARD OF DIRECTORS WHEN APPROPRIATE. 6.THE STEWARDSHIP MANAGER WILL CONTACT THE LANDOWNER BY TELEPHONE TO EXPLAIN THE PROBLEM AND REQUEST A CORRECTION, REPLACEMENT AND/OR CESSATION OF ACTIVITY. THE LANDOWNER WILL BE GIVEN AN APPROPRIATE DEADLINE FOR COMPLIANCE AND NOTIFIED THAT A LETTER SUMMARIZING THE CONVERSATION WILL BE SENT IMMEDIATELY. 7.A FOLLOW-UP LETTER WILL BE SENT TO THE LANDOWNER REITERATING ORAL EXPLANATIONS, REQUESTS AND THE COMPLIANCE DEADLINE. ALL CORRESPONDENCE RELATED TO A SUSPECTED VIOLATION WILL BE SENT CERTIFIED MAIL, RETURN RECEIPT REQUESTED WITH A COPY SENT TO LTTN'S ATTORNEY. 8.ON THE DAY OF THE COMPLIANCE DEADLINE, THE SITE OF THE VIOLATION WILL BE INSPECTED FOR COMPLIANCE BY THE STEWARDSHIP MANAGER OR PRESIDENT DELEGEE. IF THE VIOLATION HAS BEEN CORRECTED, THEN LTTN WILL SEND AN OFFICIAL LETTER TO THE LANDOWNER STATING THAT THE COMPLIANCE IS RECOGNIZED AND THANKING THEM FOR THEIR COOPERATION. IF THE VIOLATION HAS NOT BEEN RECTIFIED, THEN A SECOND LETTER WILL BE SENT TO THE LANDOWNER RESTATING THE REQUIRED CORRECTION AND ESTABLISHING A NEW COMPLIANCE DEADLINE DATE. LTTN'S ATTORNEY WILL BE COPIED ON THIS LETTER AS WELL. 9.ON THE SECOND DEADLINE DATE, THE STEWARDSHIP MANAGER OR PRESIDENT DELEGEE WILL RE-INSPECT THE SITE OF THE VIOLATION. IF COMPLIANCE IS ACHIEVED THEN LTTN WILL SEND THE OFFICIAL LETTER TO THE LANDOWNER STATING THAT THE COMPLIANCE IS RECOGNIZED AND THANKING THEM FOR THEIR COOPERATION. IF ON THE SECOND DEADLINE, THE LANDOWNER REMAINS NON-COMPLIANT, THEN LTTN'S LEGAL COUNSEL, BOARD OF DIRECTORS, AND THE STEWARDSHIP OR LAND PROTECTION COMMITTEE WILL BE CONTACTED TO DISCUSS POTENTIAL LEGAL ACTION. 10.WITH THE ADVICE OF LTTN'S LEGAL COUNSEL, BOARD OF DIRECTORS AND APPROVAL BY THE STEWARDSHIP OR LAND PROTECTION COMMITTEE, LTTN WILL CONSIDER ENFORCEMENT OF THE EASEMENT THROUGH MEDIATION, ARBITRATION, LITIGATION, OR OTHER MEANS CONSISTENT WITH THE TERMS OF THE CONSERVATION EASEMENT. 11.UNLESS OTHERWISE SPECIFIED BY THE BOARD OF DIRECTORS, LTTN'S PRESIDENT WILL ACT AS SPOKESPERSON WITH RESPECT TO THE VIOLATION WHEN AND IF THE MEDIA IS INVOLVED. THE FOREGOING NOTWITHSTANDING, ANY DETERMINATION REGARDING WHETHER AND HOW TO ENFORCE A CONSERVATION EASEMENT IS WITHIN THE DISCRETION OF LTTN'S BOARD OF DIRECTORS, WHICH DISCRETION WILL BE EXERCISED ON A CASE-BY-CASE BASIS. PART II, LINE 9: THE LAND TRUST FOR TENNESSEE VALUES EASEMENTS AT ZERO. A CONSERVATION EASEMENT PROVIDES THE LAND TRUST WITH NO AFFIRMATIVE RIGHTS EXCEPT TO MONITOR AND ENFORCE THE EASEMENT. FINANCIAL STATEMENT FOOTNOTE: CONSERVATION EASEMENTS HELD BY THE ORGANIZATION ARE NOT RECOGNIZED AS ASSETS IN THE ACCOMPANYING FINANCIAL STATEMENTS. ASSETS ARE DEFINED AS PROBABLE FUTURE ECONOMIC BENEFITS OBTAINED OR CONTROLLED BY AN ENTITY; THE ORGANIZATION DOES NOT BELIEVE THAT THE EASEMENTS MEET THE DEFINITION CRITERIA. THE COST OF OBTAINING CONSERVATION EASEMENTS IS EXPENSED WHEN THE EASEMENT IS ACQUIRED. PART V, LINE 4: THE BOARD-DESIGNATED ENDOWMENT FUND ("ASHBY FUND") CONSISTS OF FUNDS THAT WERE TRANSFERRED TO THE ENDOWMENT BY THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS ANTICIPATES THESE FUNDS WILL REMAIN IN THE ENDOWMENT IN PERPETUITY, BUT MAY WITHDRAW THEM FOR OTHER USES. PART X, LINE 2: MANAGEMENT PERFORMS AN EVALUATION OF ALL INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE COURSE OF PREPARING THE LAND TRUST'S INCOME TAX RETURNS TO DETERMINE WHETHER THE INCOME TAX POSITIONS MEET A "MORE LIKELY THAN NOT" STANDARD OF BEING SUSTAINED UNDER EXAMINATION BY THE APPLICABLE TAXING AUTHORITIES. MANAGEMENT HAS PERFORMED ITS EVALUATION OF ALL INCOME TAX POSITIONS TAKEN ON ALL OPEN INCOME TAX RETURNS AND HAS DETERMINED THAT THERE WERE NO POSITIONS TAKEN THAT DO NOT MEET THE "MORE LIKELY THAN NOT" STANDARD. ACCORDINGLY, THERE ARE NO PROVISIONS FOR INCOME TAXES, PENALTIES OR INTEREST RECEIVABLE OR PAYABLE RELATING TO UNCERTAIN INCOME TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 105,187. DIRECT DONOR BENEFITS -48,376. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 105,187. DIRECT BENEFIT TO DONORS -48,376. ONCE IN A BLUE MOON 283300 83637 199663 41198 19720 2250 38525 EAT GREEN 36471 20 36451 319771 83657 236114 41198 19720 2250 38525 101693 134421 FORM 990, PART VI, SECTION B, LINE 11 UPON RECEIPT OF THE FINAL FORM 990 IN ITS ENTIRETY FROM OUR TAX PREPARER, THE FORM 990 IS UPLOADED TO OUR WEBSITE ON A PASSWORD ENCRYPTED WEBPAGE AND CORRESPONDENCE IS SENT TO THE ENTIRE BOARD ABOUT ITS AVAILABILITY FOR THEIR REVIEW. TEN DAYS AFTER FORM 990'S AVAILABILITY FOR BOARD MEMBER REVIEW, THE RETURN IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C STAFF, BOARD MEMBERS AND VOLUNTEERS FILL OUT A FORM DISCLOSING ANY OF THEIR RELATED PARTIES OR POTENTIAL CONFLICTS OF INTEREST AND THAT THEY HAVE A CLEAR UNDERSTANDING OF THE ORGANIZATION'S CONFLICT OF INTEREST POLICY. EACH STAFF MEMBER, BOARD MEMBER AND VOLUNTEER IS EXPECTED TO DISCLOSE EITHER TO THE BOARD CHAIRMAN OR THE PRESIDENT/CEO ANY EXISTENCE OF ANY POTENTIAL CONFLICT OF INTEREST, TO ABSTAIN FROM PARTICIPATION IN ANY OF THE LAND TRUST'S DISCUSSIONS, TO ABSTAIN FROM WORKING ON THE TRANSACTION AND FROM VOTING ON THE TRANSACTION OR PROJECT GIVING RISE TO SUCH CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 ON AN ANNUAL BASIS, OUR PROCESS IS FOR EMPLOYEES TO BE FORMALLY REVIEWED AFTER THE END OF EACH FISCAL YEAR BY THEIR SUPERVISOR. THE PRESIDENT/CEO'S COMPENSATION IS REVIEWED ANNUALLY BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. THE REVIEW USES THE LATEST SALARY AND BENEFIT INFORMATION SURVEY CONDUCTED BY THE INDUSTRY, THE LAND TRUST ALLIANCE. ANY FURTHER INFORMATION IS PROVIDED TO THE EXECUTIVE COMMITTEE AS REQUESTED. FORM 990, PART VI, SECTION C, LINE 19 OUR GOVERNING DOCUMENT IS REFERRED TO AS OUR STANDARDS AND PRACTICES WHICH CONTAINS ALL OF OUR GOVERNING DOCUMENTS INCLUDING THE CONFLICT OF INTEREST POLICY. THIS DOCUMENT ALONG WITH OUR FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. IN ADDITION WE ARE MEMBERS OF THE COMMUNITY FOUNDATION OF MIDDLE TENNESSEE'S GIVING MATTERS WHERE OUR ONLINE PROFILE IS AVAILABLE TO ANYONE. IT INCLUDES DETAILED INFORMATION ABOUT OUR ORGANIZATION INCLUDING A LIST OF OUR BOARD MEMBERS AND OUR FINANCIAL INFORMATION. FORM 990, PART XII, LINE 2 THE ORGANIZATION'S OVERSIGHT PROCESS AND SELECTION PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.