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        <ManagementAndGeneral>15192</ManagementAndGeneral>
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        <Total>93366</Total>
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        <ManagementAndGeneral>18271</ManagementAndGeneral>
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      <OtherEmployeeBenefits>
        <Total>5885</Total>
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        <ManagementAndGeneral>1152</ManagementAndGeneral>
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        <ProgramServices>11786</ProgramServices>
        <ManagementAndGeneral>2868</ManagementAndGeneral>
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      <FeesForServicesLegal>
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        <ProgramServices>2942</ProgramServices>
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      <FeesForServicesAccounting>
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        <ManagementAndGeneral>7254</ManagementAndGeneral>
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        <ProgramServices>5650</ProgramServices>
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        <ManagementAndGeneral>3632</ManagementAndGeneral>
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        <ManagementAndGeneral>2106</ManagementAndGeneral>
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        <ProgramServices>4127</ProgramServices>
        <ManagementAndGeneral>30</ManagementAndGeneral>
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      <Interest>
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        <ManagementAndGeneral>149</ManagementAndGeneral>
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        <ManagementAndGeneral>2467</ManagementAndGeneral>
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        <CurrentTaxYearMinus2Years>295111</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>488226</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>837735</CurrentTaxYear>
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        <CurrentTaxYearMinus3Years>294491</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>295111</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>488226</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>837735</CurrentTaxYear>
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      <AmountsSubstContributorsTotal>449940</AmountsSubstContributorsTotal>
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      <GrossInvestmentIncome170>
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        <CurrentTaxYearMinus1Year>39967</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>38127</CurrentTaxYear>
        <Total>199997</Total>
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      <OtherIncome170>
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        <CurrentTaxYearMinus3Years>9688</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>8495</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>21189</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>22004</CurrentTaxYear>
        <Total>77507</Total>
      </OtherIncome170>
      <TotalSupport>2503016</TotalSupport>
      <PublicSupportPertcentage170>0.70940</PublicSupportPertcentage170>
      <PublicSupportPertcentPriorYear>0.81170</PublicSupportPertcentPriorYear>
      <ThirtyThreePercntTestsCY170>X</ThirtyThreePercntTestsCY170>
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        </ContributorNameBusiness>
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          <AddressLine2>RESTRICTED</AddressLine2>
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          <State>RESTRICTED</State>
          <ZIPCode>RESTRICTED</ZIPCode>
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      <ProtectionOfNaturalHabitat>X</ProtectionOfNaturalHabitat>
      <PreservationOfOpenSpace>X</PreservationOfOpenSpace>
      <TotalNumberOfEasements>5</TotalNumberOfEasements>
      <TotalAcreage>374.00</TotalAcreage>
      <NmbrStatesInWhichEasementsHeld>1</NmbrStatesInWhichEasementsHeld>
      <WrittenPolicyMonitoring>1</WrittenPolicyMonitoring>
      <StaffHoursSpentOnEnforcement>62.00</StaffHoursSpentOnEnforcement>
      <ExpensesIncurredForEnforcement>0</ExpensesIncurredForEnforcement>
      <CurrentYear>
        <BeginningOfYearBalance>1610285</BeginningOfYearBalance>
        <Contributions>378500</Contributions>
        <InvestmentEarningsOrLosses>139525</InvestmentEarningsOrLosses>
        <OtherExpenditures>60615</OtherExpenditures>
        <AdministrativeExpenses>7254</AdministrativeExpenses>
        <EndOfYearBalance>2060441</EndOfYearBalance>
      </CurrentYear>
      <CurrentYearMinus1Year>
        <BeginningOfYearBalance>1424995</BeginningOfYearBalance>
        <Contributions>245273</Contributions>
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        <AdministrativeExpenses>7141</AdministrativeExpenses>
        <EndOfYearBalance>1610285</EndOfYearBalance>
      </CurrentYearMinus1Year>
      <CurrentYearMinus2Years>
        <BeginningOfYearBalance>1307315</BeginningOfYearBalance>
        <Contributions>29044</Contributions>
        <InvestmentEarningsOrLosses>155987</InvestmentEarningsOrLosses>
        <OtherExpenditures>61066</OtherExpenditures>
        <AdministrativeExpenses>6285</AdministrativeExpenses>
        <EndOfYearBalance>1424995</EndOfYearBalance>
      </CurrentYearMinus2Years>
      <CurrentYearMinus3Years>
        <BeginningOfYearBalance>1128975</BeginningOfYearBalance>
        <InvestmentEarningsOrLosses>183791</InvestmentEarningsOrLosses>
        <AdministrativeExpenses>5451</AdministrativeExpenses>
        <EndOfYearBalance>1307315</EndOfYearBalance>
      </CurrentYearMinus3Years>
      <CurrentYearMinus4Years>
        <BeginningOfYearBalance>1509069</BeginningOfYearBalance>
        <Contributions>20638</Contributions>
        <InvestmentEarningsOrLosses>-379442</InvestmentEarningsOrLosses>
        <AdministrativeExpenses>6339</AdministrativeExpenses>
        <EndOfYearBalance>1128975</EndOfYearBalance>
      </CurrentYearMinus4Years>
      <BoardDesignatedEOYBalance>0.48000</BoardDesignatedEOYBalance>
      <PermanentEndowmentEOYBalance>0.46000</PermanentEndowmentEOYBalance>
      <TermEndowmentEOYBalance>0.06000</TermEndowmentEOYBalance>
      <EndowmentsHeldByUnrelatedOrgs>0</EndowmentsHeldByUnrelatedOrgs>
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      <Land>
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        <BookValue>1018845</BookValue>
      </Land>
      <Buildings>
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        <Depreciation>22868</Depreciation>
        <BookValue>89672</BookValue>
      </Buildings>
      <Equipment>
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        <Depreciation>102219</Depreciation>
        <BookValue>19960</BookValue>
      </Equipment>
      <TotalOfBookValueLandBuildings>1128477</TotalOfBookValueLandBuildings>
      <OtherLiabilities>
        <Description>CAPITAL LEASE OBLIGATION</Description>
        <Amount>5347</Amount>
      </OtherLiabilities>
      <TotalOfAmounts>5347</TotalOfAmounts>
      <FootnoteInPartXIII>X</FootnoteInPartXIII>
      <TotRevenueEtcAuditedFinclStmt>995543</TotRevenueEtcAuditedFinclStmt>
      <NetUnrealizedGainsInvestments>95449</NetUnrealizedGainsInvestments>
      <OtherRevenues>7295</OtherRevenues>
      <RevenueNotRptdF990>102744</RevenueNotRptdF990>
      <RevenueSubtotal>892799</RevenueSubtotal>
      <InvestmentExpensesNotIncluded>7254</InvestmentExpensesNotIncluded>
      <RevenueNotRptdOnFinStmt>7254</RevenueNotRptdOnFinStmt>
      <TotalRevenuePerForm990>900053</TotalRevenuePerForm990>
      <TotExpensesEtcAuditedFinclStmt>326893</TotExpensesEtcAuditedFinclStmt>
      <OtherExpensesIncluded>7295</OtherExpensesIncluded>
      <ExpensesNotRptdF990>7295</ExpensesNotRptdF990>
      <ExpensesSubtotal>319598</ExpensesSubtotal>
      <InvestmentExpensesNotIncluded2>7254</InvestmentExpensesNotIncluded2>
      <ExpensesNotRptdOnFinStmt>7254</ExpensesNotRptdOnFinStmt>
      <TotalExpensesPerForm990>326852</TotalExpensesPerForm990>
      <Form990ScheduleDPartXIII>
        <Identifier>DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS:</Identifier>
        <ReturnReference>PART V, LINE 4:</ReturnReference>
        <Explanation>THE ORGANIZATION HAS ESTABLISHED AN ENDOWMENT TO SUPPORT THE LAND MANAGEMENT PROGRAM BUDGET WITH UP TO 5% OF THE EARNINGS ON THE ENDOWMENT FUND.</Explanation>
      </Form990ScheduleDPartXIII>
      <Form990ScheduleDPartXIII>
        <Identifier>DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:</Identifier>
        <ReturnReference>PART X, LINE 2:</ReturnReference>
        <Explanation>THE ORGANIZATION ANALYZES TAX POSITIONS TAKEN, INCLUDING THOSE RELATED TO THE REQUIREMENTS SET FORTH IN IRC SEC. 501(C) TO QUALIFY AS A TAX EXEMPT ORGANIZATION, ACTIVITIES PERFORMED BY VOLUNTEERS AND BOARD MEMBERS, THE REPORTING OF UNRELATED BUSINESS INCOME, AND ITS STATUS AS A TAX-EXEMPT ORGANIZATION UNDER MARYLAND STATE STATUTE. THE ORGANIZATION DOES NOT KNOW OF ANY TAX BENEFITS ARISING FROM UNCERTAIN TAX POSITIONS AND THERE WAS NO EFFECT ON THE ORGANIZATIONS FINANCIAL POSITION OR CHANGES IN NET ASSETS AS A RESULT OF ANALYZING ITS TAX POSITIONS. FISCAL YEARS ENDING ON OR AFTER JUNE 30, 2009 REMAIN SUBJECT TO EXAMINATION BY FEDERAL AND STATE AUTHORITIES.</Explanation>
      </Form990ScheduleDPartXIII>
      <Form990ScheduleDPartXIII>
        <Identifier>PART XI, LINE 2D - OTHER ADJUSTMENTS:</Identifier>
        <Explanation>FUNDRAISING EXPENSES NETTED AGAINST FUNDRAISING INCOME</Explanation>
      </Form990ScheduleDPartXIII>
      <Form990ScheduleDPartXIII>
        <Identifier>PART XII, LINE 2D - OTHER ADJUSTMENTS:</Identifier>
        <Explanation>FUNDRAISING EXPENSES NETTED AGAINST FUNDRAISING INCOME</Explanation>
      </Form990ScheduleDPartXIII>
      <Form990ScheduleDPartXIII>
        <Explanation>DONATED CONSERVATION EASEMENTS ARE RECORDED AS CONTRIBUTION REVENUE WHEN RECEIVED. THE ORGANIZATION HAS RECEIVED CASH TO MANAGE A CONSERVATION EASEMENT WHERE ONLY THE EARNINGS ON THESE FUNDS CAN BE USED FOR EXPENDITURES RELATED TO MONITORING THE EASEMENT.</Explanation>
      </Form990ScheduleDPartXIII>
    </IRS990ScheduleD>
    <IRS990ScheduleG documentId="RetDoc1041300001">
      <EventsInformation>
        <NameOfEvent1>AUCTION</NameOfEvent1>
        <GrossReceiptsEvent1>34335</GrossReceiptsEvent1>
        <CharitableContributionsEvent1>2450</CharitableContributionsEvent1>
        <GrossRevenueEvent1>31885</GrossRevenueEvent1>
        <RentFacilityCostsEvent1>43</RentFacilityCostsEvent1>
        <FoodAndBeverageEvent1>5475</FoodAndBeverageEvent1>
        <EntertainmentEvent1>700</EntertainmentEvent1>
        <OtherDirectExpensesEvent1>1077</OtherDirectExpensesEvent1>
        <GrossReceiptsTotal>34335</GrossReceiptsTotal>
        <CharitableContributionsTotal>2450</CharitableContributionsTotal>
        <GrossRevenueTotalEvents>31885</GrossRevenueTotalEvents>
        <RentFacilityCostsTotalEvents>43</RentFacilityCostsTotalEvents>
        <FoodAndBeverageTotalEvents>5475</FoodAndBeverageTotalEvents>
        <EntertainmentTotalEvents>700</EntertainmentTotalEvents>
        <OtherDirectExpensesTotalEvents>1077</OtherDirectExpensesTotalEvents>
        <DirectExpenseSummaryEvents>7295</DirectExpenseSummaryEvents>
        <NetIncomeSummary>24590</NetIncomeSummary>
      </EventsInformation>
    </IRS990ScheduleG>
    <IRS990ScheduleJ documentId="RetDoc1042400001">
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      <BoardOrCommitteeApproval>X</BoardOrCommitteeApproval>
      <SeverancePayment>0</SeverancePayment>
      <SupplementalNonqualRetirePlan>0</SupplementalNonqualRetirePlan>
      <EquityBasedCompArrangement>0</EquityBasedCompArrangement>
      <CompBasedOnRevenueOfFilingOrg>0</CompBasedOnRevenueOfFilingOrg>
      <CompBasedOnRevenueRelatedOrgs>0</CompBasedOnRevenueRelatedOrgs>
      <CompBasedNetEarningsFilingOrg>0</CompBasedNetEarningsFilingOrg>
      <CompBasedNetEarningsRelateOrgs>0</CompBasedNetEarningsRelateOrgs>
      <AnyNonFixedPayments>0</AnyNonFixedPayments>
      <InitialContractException>0</InitialContractException>
    </IRS990ScheduleJ>
    <IRS990ScheduleO documentId="RetDoc1044400001">
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION A, LINE 4</ReturnReference>
        <Explanation>THE ORGANIZATION'S BYLAWS WERE AMENDED DURING THE YEAR TO ESTABLISH CATEGORIES OF DECISIONS REQUIRING APPROVAL OF A MAJORITY OF ALL OF THE CURRENT DIRECTORS AND TO ESTABLISH THAT THE EXECUTIVE COMMITTEE MAY NOT ACT FOR THE BOARD ON DECISIONS REQUIRING THE APPROVAL OF A MAJORITY OF ALL OF THE CURRENT DIRECTORS.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION A, LINE 6</ReturnReference>
        <Explanation>ACCORDING TO THE ORGANIZATION'S BYLAWS, THERE ARE THREE CATEGORIES OF MEMBERS. CHARTER MEMBERS HAVE CONTRIBUTED A MINIMUM SUM OF $2,500 TO FACILITATE FORMATION OF THE CORPORATION AND ITS INITIAL ACQUISITION OF LAND. PERSONS THEREAFTER, CONTRIBUTING A LIKE SUM, ARE SUSTAINING MEMBERS. ALL OTHER MEMBERS ARE CONSIDERED REGULAR MEMBERS AND PAY ANNUAL DUES. THE BOARD ESTABLISHED SEVERAL LEVELS OF REGULAR MEMBERSHIP DUES. ALL THREE CATEGORIES OF MEMBERS RECEIVE A QUARTERLY NEWSLETTER AND A WRITTEN INVITATION TO THE ANNUAL MEETING OF MEMBERS. ALL MEMBERS PRESENT AT THE ANNUAL MEETING OF THE MEMBERS ARE ENTITLED TO VOTE FOR THE SLATE OF CANDIDATES TO THE BOARD OF DIRECTORS.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION A, LINE 7A</ReturnReference>
        <Explanation>ALL MEMBERS PRESENT AT THE ORGANIZATION'S ANNUAL MEETING ARE ENTITLED TO VOTE FOR THE SLATE OF CANDIDATES TO THE BOARD OF DIRECTORS.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION B, LINE 11</ReturnReference>
        <Explanation>THE 990 IS REVIEWED AND APPROVED BY THE EXECUTIVE DIRECTOR AND DESIGNATED MEMBERS OF THE ORGANIZATION'S BUDGET AND FINANCE COMMITTEE OF THE GOVERNING BODY AND A COPY IS DISTRIBUTED ELECTRONICALLY TO ALL MEMBERS OF THE GOVERNING BODY FOR REVIEW PRIOR TO FILING.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION B, LINE 12C</ReturnReference>
        <Explanation>MEMBERS OF THE BOARD OF DIRECTORS AND KEY EMPLOYEES ARE PROVIDED WITH A COPY OF THE CONFLICT OF INTEREST POLICY AND REQUESTED TO COMPLETE AND SIGN AND RETURN TO THE EXECUTIVE DIRECTOR A COPY OF APPENDIX A OF THE POLICY ANNUALLY. EACH INDIVIDUAL IS UNDER A CONTINUING OBLIGATION TO DISCLOSE ANY POTENTIAL CONFLICT OF INTEREST THAT ARISES DURING THE COURSE OF THE YEAR TO THE PRESIDENT OF THE BOARD OF DIRECTORS.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION B, LINE 15A</ReturnReference>
        <Explanation>THE ORGANIZATION'S WRITTEN POLICY WITH RESPECT TO SETTING THE SALARY OF ITS EXECUTIVE REQUIRES THE GOVERNING BODY TO PERIODICALLY UTILIZE A SALARY SURVEY TO BENCHMARK COMPENSATION IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. SUCH A REVIEW WAS LAST UNDERTAKEN IN MAY 2012 BASED ON A SURVEY OF LAND TRUST EXECUTIVE DIRECTORS PUBLISHED IN NOVEMBER 2010.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION C, LINE 18</ReturnReference>
        <Explanation>THE ORGANIZATION'S FORM 990 IS AVAILABLE UPON REQUEST AT THE ORGANIZATION'S HEADQUARTERS. THE ORGANIZATION HAS A PUBLIC DISCLOSURE POLICY WHICH DESCRIBES THE ALLOWABLE FORMS WHICH CAN BE GIVEN TO THE GENERAL PUBLIC. THE ORGANIZATION'S FORM 990 IS ALSO AVAILABLE ON THE WEBSITE WWW.GUIDESTAR.COM</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION C, LINE 19</ReturnReference>
        <Explanation>THE ORGANIZATION HAS A PUBLIC DISCLOSURE POLICY WHICH DESCRIBES THE ALLOWABLE FORMS WHICH CAN BE GIVEN TO THE GENERAL PUBLIC.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Explanation>THE ORGANIZATION HAS NOT CHANGED ITS PROCESS FOR REVIEWING THE AUDITED FINANCIAL STATEMENTS DURING THE YEAR.</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
  </ReturnData>
</Return>