﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.irs.gov/efile" returnVersion="2025v4.2">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2026-09-14T09:38:55-05:00</ReturnTs>
    <TaxPeriodEndDt>2026-06-30</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>560572048</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1Txt>COSTELLO HILL &amp; COMPANY LLP</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>1112 MAGNOLIA STREET</AddressLine1Txt>
        <CityNm>GREENSBORO</CityNm>
        <StateAbbreviationCd>NC</StateAbbreviationCd>
        <ZIPCd>274011426</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990</ReturnTypeCd>
    <TaxPeriodBeginDt>2025-07-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>561704433</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>PIEDMONT LAND CONSERVANCY</BusinessNameLine1Txt>
      </BusinessName>
      <BusinessNameControlTxt>PIED</BusinessNameControlTxt>
      <PhoneNum>3366910088</PhoneNum>
      <USAddress>
        <AddressLine1Txt>P O BOX 4025</AddressLine1Txt>
        <CityNm>GREENSBORO</CityNm>
        <StateAbbreviationCd>NC</StateAbbreviationCd>
        <ZIPCd>27404</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>CHRIS WAGNER</PersonNm>
      <PersonTitleTxt>TREASURER</PersonTitleTxt>
      <PhoneNum>3366910088</PhoneNum>
      <SignatureDt>2026-09-09</SignatureDt>
      <DiscussWithPaidPreparerInd>1</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <PreparerPersonGrp>
      <PreparerPersonNm>W GREGORY ASHLEY</PreparerPersonNm>
      <PTIN>P00297931</PTIN>
      <PhoneNum>3362743281</PhoneNum>
    </PreparerPersonGrp>
    <TaxYr>2025</TaxYr>
  </ReturnHeader>
  <ReturnData documentCnt="8">
    <IRS990 documentId="RetDoc1038000001" referenceDocumentId="RetDoc1044400001">
      <PrincipalOfficerNm>CHRIS WAGNER</PrincipalOfficerNm>
      <USAddress>
        <AddressLine1Txt>324 W WENDOVER AVENUE STE 112</AddressLine1Txt>
        <CityNm>GREENSBORO</CityNm>
        <StateAbbreviationCd>NC</StateAbbreviationCd>
        <ZIPCd>27408</ZIPCd>
      </USAddress>
      <GrossReceiptsAmt>10997470</GrossReceiptsAmt>
      <GroupReturnForAffiliatesInd>0</GroupReturnForAffiliatesInd>
      <Organization501c3Ind>X</Organization501c3Ind>
      <WebsiteAddressTxt>WWW.PIEDMONTLAND.ORG</WebsiteAddressTxt>
      <TypeOfOrganizationCorpInd>X</TypeOfOrganizationCorpInd>
      <FormationYr>1990</FormationYr>
      <LegalDomicileStateCd>NC</LegalDomicileStateCd>
      <ActivityOrMissionDesc>PIEDMONT LAND CONSERVANCY PROTECTS OUR REGION'S NATURAL LANDS, FAMILY FARMS AND WATERS FOR THE BENEFIT OF ALL LIVING THINGS THROUGH LAND PROTECTION, STEWARDSHIP OF CONSERVED SPACES, AND CONNECTING PEOPLE WITH NATURE. WE ENVISION A HEALTHY, THRIVING REGION WITH ABUNDANT CLEAN WATERS, PRODUCTIVE FARMLAND, AND SUSTAINABLE WILDLIFE HABITAT, ENABLED BY A NETWORK OF PERMANENTLY PROTECTED LANDS.PLC WORKS WITH WILLING LANDOWNERS TO PERMANENTLY PROTECT IMPORTANT LAND RESOURCES THROUGH CONSERVATION AGREEMENTS, ACQUISITION OF PRIORITY CONSERVATION LANDS, AND STEWARDSHIP OF PREVIOUSLY PROTECTED LANDS. THESE STRATEGIES HELP PRESERVE FAMILY FARMS, MAINTAIN CLEAN WATERS, PROTECT SPECIAL NATURAL AREAS, AND ENHANCE PUBLICLY ACCESSIBLE LANDS. PLC CONNECTS PEOPLE TO NATURE THROUGH EDUCATION, OUTINGS, AND TRAIL ACCESS TO PROTECTED PROPERTIES AND NATURE PRESERVES.</ActivityOrMissionDesc>
      <VotingMembersGoverningBodyCnt>16</VotingMembersGoverningBodyCnt>
      <VotingMembersIndependentCnt>16</VotingMembersIndependentCnt>
      <TotalEmployeeCnt>17</TotalEmployeeCnt>
      <TotalVolunteersCnt>120</TotalVolunteersCnt>
      <TotalGrossUBIAmt>0</TotalGrossUBIAmt>
      <NetUnrelatedBusTxblIncmAmt>0</NetUnrelatedBusTxblIncmAmt>
      <PYContributionsGrantsAmt>4002041</PYContributionsGrantsAmt>
      <CYContributionsGrantsAmt>9696500</CYContributionsGrantsAmt>
      <PYProgramServiceRevenueAmt>46013</PYProgramServiceRevenueAmt>
      <CYProgramServiceRevenueAmt>55850</CYProgramServiceRevenueAmt>
      <PYInvestmentIncomeAmt>381969</PYInvestmentIncomeAmt>
      <CYInvestmentIncomeAmt>394107</CYInvestmentIncomeAmt>
      <PYOtherRevenueAmt>28394</PYOtherRevenueAmt>
      <CYOtherRevenueAmt>18011</CYOtherRevenueAmt>
      <PYTotalRevenueAmt>4458417</PYTotalRevenueAmt>
      <CYTotalRevenueAmt>10164468</CYTotalRevenueAmt>
      <PYGrantsAndSimilarPaidAmt>0</PYGrantsAndSimilarPaidAmt>
      <CYGrantsAndSimilarPaidAmt>0</CYGrantsAndSimilarPaidAmt>
      <PYBenefitsPaidToMembersAmt>0</PYBenefitsPaidToMembersAmt>
      <CYBenefitsPaidToMembersAmt>0</CYBenefitsPaidToMembersAmt>
      <PYSalariesCompEmpBnftPaidAmt>949354</PYSalariesCompEmpBnftPaidAmt>
      <CYSalariesCompEmpBnftPaidAmt>1123719</CYSalariesCompEmpBnftPaidAmt>
      <PYTotalProfFndrsngExpnsAmt>0</PYTotalProfFndrsngExpnsAmt>
      <CYTotalProfFndrsngExpnsAmt>66215</CYTotalProfFndrsngExpnsAmt>
      <CYTotalFundraisingExpenseAmt>266441</CYTotalFundraisingExpenseAmt>
      <PYOtherExpensesAmt>2140715</PYOtherExpensesAmt>
      <CYOtherExpensesAmt>3063807</CYOtherExpensesAmt>
      <PYTotalExpensesAmt>3090069</PYTotalExpensesAmt>
      <CYTotalExpensesAmt>4253741</CYTotalExpensesAmt>
      <PYRevenuesLessExpensesAmt>1368348</PYRevenuesLessExpensesAmt>
      <CYRevenuesLessExpensesAmt>5910727</CYRevenuesLessExpensesAmt>
      <TotalAssetsBOYAmt>24214328</TotalAssetsBOYAmt>
      <TotalAssetsEOYAmt>31161625</TotalAssetsEOYAmt>
      <TotalLiabilitiesBOYAmt>440854</TotalLiabilitiesBOYAmt>
      <TotalLiabilitiesEOYAmt>360635</TotalLiabilitiesEOYAmt>
      <NetAssetsOrFundBalancesBOYAmt>23773474</NetAssetsOrFundBalancesBOYAmt>
      <NetAssetsOrFundBalancesEOYAmt>30800990</NetAssetsOrFundBalancesEOYAmt>
      <InfoInScheduleOPartIIIInd>X</InfoInScheduleOPartIIIInd>
      <MissionDesc>THE MISSION OF PIEDMONT LAND CONSERVANCY IS TO PROTECT NATURAL AND SCENIC LANDS, FARMS, AND GREEN SPACE IN PIEDMONT NORTH CAROLINA TO ENRICH THE QUALITY OF LIFE FOR OUR COMMUNITIES AND FOR FUTURE GENERATIONS.</MissionDesc>
      <SignificantNewProgramSrvcInd>0</SignificantNewProgramSrvcInd>
      <SignificantChangeInd>0</SignificantChangeInd>
      <ExpenseAmt>3064254</ExpenseAmt>
      <Desc>LAND PROTECTION PROJECTS - DURING 2026 THE ORGANIZATION ACQUIRED 251 ACRES THROUGH PURCHASE OR DONATION THAT ARE TO BE PERMANENTLY PROTECTED. IT WAS ALSO GIFTED 76 ACRES AS CONTRIBUTUONS TO AN ONGOING CAPITAL CAMPAIGN TO PROTECT A LARGE UNDEVELOPED URBAN PROPERTY OWNED BY GUILFORD COLLEGE. THIS PROPERTY HOLDS HISTORICAL SIGNIFICANCE AS THE SITE OF REVOLUTIONARY WAR BATTLES AND AS A PART OF THE UNDERGROUND RAILROAD BEFORE THE US CIVIL WAR. OF THE 76 ACRES DONATED, 5 WERE SOLD AND 71 WILL BE SOLD TO RAISE FUNDS FOR THE GUILFORD WOODS PROJECT. THE ORGANIZATION TRANSFERRED 552 ACRES TO THE US PARK SERVICE TO BECOME PART OF THE BLUE RIDGE PARKWAY LANDS. CONSERVATION EASEMENTS WERE PLACED ON 560 ACRES,PERMANENTLY PROTECTING THE PROPERTY FROM DEVELOPMENT. THE ORGANIZATION ALSO BEGAN WORK ON SEVERAL OTHER PROJECTS THAT ARE EXPECTED TO RESULT IN PROPERTY BEING PROTECTED IN FISCAL 2026.</Desc>
      <ProgSrvcAccomActy2Grp>
        <ExpenseAmt>238169</ExpenseAmt>
        <Desc>PUBLIC EDUCATION - PIEDMONT LAND CONSERVANCY CONDUCTED SEVERAL COMMUNITY EVENTS DESIGNED TO INCREASE PUBLIC AWARENESS OF THE CRITICAL NEED TO PRESERVE OPEN SPACES AND FARMLAND IN THE RAPIDLY-DEVELOPING PIEDMONT AREA OF NORTH CAROLINA. THESE EVENTS INCLUDED OPEN HOUSES AND CLEAN-UP SESSIONS OF PROTECTED PROPERTIES, VISITS TO SCHOOLS, PRESENTATIONS TO CIVIC CLUBS AND CHURCH GROUPS, AND OTHER MEANS OF INCREASING AWARENESS OF THE NEED FOR LAND PRESERVATION. THE CAPITAL CAMPAIGN TO PROTECT THE GUILFORD WOODS PROPERTY HAS ALSO PROVIDED GREAT OPPORTUNITIES TO EDUCATE THE PUBLIC ON THE HISTORICAL SIGNIFICANCE OF THIS PROPERTY.</Desc>
      </ProgSrvcAccomActy2Grp>
      <ProgSrvcAccomActy3Grp>
        <ExpenseAmt>428106</ExpenseAmt>
        <Desc>LAND STEWARDSHIP - MOST OF THE LAND PROTECTION PROJECTS OF THE ORGANIZATION CARRY A PERPETUAL STEWARDSHIP OBLIGATION. PIEDMONT LAND CONSERVANCY IS CHARGED WITH MONITORING THE USE OF PROPERTY UNDER CONSERVATION EASEMENTS. IN FULFILLING THIS RESPONSIBILITY, AGENCY PERSONNEL VISIT ALL PROTECTED PROPERTIES AT LEAST ONCE ANNUALLY TO OBSERVE THE PROPERTY FOR APPROPRIATE USES UNDER THE EASEMENT OR PURCHASE AGREEMENTS.</Desc>
      </ProgSrvcAccomActy3Grp>
      <TotalProgramServiceExpensesAmt>3730529</TotalProgramServiceExpensesAmt>
      <DescribedInSection501c3Ind referenceDocumentId="RetDoc1039100001">1</DescribedInSection501c3Ind>
      <ScheduleBRequiredInd referenceDocumentId="RetDoc1234500001">1</ScheduleBRequiredInd>
      <PoliticalCampaignActyInd>0</PoliticalCampaignActyInd>
      <LobbyingActivitiesInd>0</LobbyingActivitiesInd>
      <SubjectToProxyTaxInd>0</SubjectToProxyTaxInd>
      <DonorAdvisedFundInd referenceDocumentId="RetDoc1039900001">0</DonorAdvisedFundInd>
      <ConservationEasementsInd referenceDocumentId="RetDoc1039900001">1</ConservationEasementsInd>
      <CollectionsOfArtInd referenceDocumentId="RetDoc1039900001">0</CollectionsOfArtInd>
      <CreditCounselingInd referenceDocumentId="RetDoc1039900001">0</CreditCounselingInd>
      <DonorRstrOrQuasiEndowmentsInd>1</DonorRstrOrQuasiEndowmentsInd>
      <ReportLandBuildingEquipmentInd referenceDocumentId="RetDoc1039900001">1</ReportLandBuildingEquipmentInd>
      <ReportInvestmentsOtherSecInd referenceDocumentId="RetDoc1039900001">0</ReportInvestmentsOtherSecInd>
      <ReportProgramRelatedInvstInd referenceDocumentId="RetDoc1039900001">0</ReportProgramRelatedInvstInd>
      <ReportOtherAssetsInd referenceDocumentId="RetDoc1039900001">1</ReportOtherAssetsInd>
      <ReportOtherLiabilitiesInd referenceDocumentId="RetDoc1039900001">1</ReportOtherLiabilitiesInd>
      <IncludeFIN48FootnoteInd referenceDocumentId="RetDoc1039900001">0</IncludeFIN48FootnoteInd>
      <IndependentAuditFinclStmtInd referenceDocumentId="RetDoc1039900001">1</IndependentAuditFinclStmtInd>
      <ConsolidatedAuditFinclStmtInd referenceDocumentId="RetDoc1039900001">0</ConsolidatedAuditFinclStmtInd>
      <SchoolOperatingInd>0</SchoolOperatingInd>
      <ForeignOfficeInd>0</ForeignOfficeInd>
      <ForeignActivitiesInd>0</ForeignActivitiesInd>
      <MoreThan5000KToOrgInd>0</MoreThan5000KToOrgInd>
      <MoreThan5000KToIndividualsInd>0</MoreThan5000KToIndividualsInd>
      <ProfessionalFundraisingInd referenceDocumentId="RetDoc1041200001">1</ProfessionalFundraisingInd>
      <FundraisingActivitiesInd referenceDocumentId="RetDoc1041200001">0</FundraisingActivitiesInd>
      <GamingActivitiesInd referenceDocumentId="RetDoc1041200001">0</GamingActivitiesInd>
      <OperateHospitalInd>0</OperateHospitalInd>
      <GrantsToOrganizationsInd>0</GrantsToOrganizationsInd>
      <GrantsToIndividualsInd>0</GrantsToIndividualsInd>
      <ScheduleJRequiredInd>0</ScheduleJRequiredInd>
      <TaxExemptBondsInd>0</TaxExemptBondsInd>
      <EngagedInExcessBenefitTransInd>0</EngagedInExcessBenefitTransInd>
      <PYExcessBenefitTransInd>0</PYExcessBenefitTransInd>
      <LoanOutstandingInd>0</LoanOutstandingInd>
      <GrantToRelatedPersonInd>0</GrantToRelatedPersonInd>
      <BusinessRlnWithOrgMemInd>0</BusinessRlnWithOrgMemInd>
      <BusinessRlnWithFamMemInd>0</BusinessRlnWithFamMemInd>
      <BusinessRlnWith35CtrlEntInd>0</BusinessRlnWith35CtrlEntInd>
      <DeductibleNonCashContriInd referenceDocumentId="RetDoc1042900001">1</DeductibleNonCashContriInd>
      <DeductibleArtContributionInd referenceDocumentId="RetDoc1042900001">1</DeductibleArtContributionInd>
      <TerminateOperationsInd>0</TerminateOperationsInd>
      <PartialLiquidationInd>0</PartialLiquidationInd>
      <DisregardedEntityInd referenceDocumentId="RetDoc1043400001">1</DisregardedEntityInd>
      <RelatedEntityInd referenceDocumentId="RetDoc1043400001">0</RelatedEntityInd>
      <RelatedOrganizationCtrlEntInd>0</RelatedOrganizationCtrlEntInd>
      <TrnsfrExmptNonChrtblRltdOrgInd referenceDocumentId="RetDoc1043400001">0</TrnsfrExmptNonChrtblRltdOrgInd>
      <ActivitiesConductedPrtshpInd referenceDocumentId="RetDoc1043400001">0</ActivitiesConductedPrtshpInd>
      <ScheduleORequiredInd>1</ScheduleORequiredInd>
      <IRPDocumentCnt>14</IRPDocumentCnt>
      <IRPDocumentW2GCnt>0</IRPDocumentW2GCnt>
      <EmployeeCnt>17</EmployeeCnt>
      <EmploymentTaxReturnsFiledInd>1</EmploymentTaxReturnsFiledInd>
      <UnrelatedBusIncmOverLimitInd>0</UnrelatedBusIncmOverLimitInd>
      <ForeignFinancialAccountInd>0</ForeignFinancialAccountInd>
      <ProhibitedTaxShelterTransInd>0</ProhibitedTaxShelterTransInd>
      <TaxablePartyNotificationInd>0</TaxablePartyNotificationInd>
      <NondeductibleContributionsInd>0</NondeductibleContributionsInd>
      <QuidProQuoContributionsInd>0</QuidProQuoContributionsInd>
      <Form8282PropertyDisposedOfInd>0</Form8282PropertyDisposedOfInd>
      <RcvFndsToPayPrsnlBnftCntrctInd>0</RcvFndsToPayPrsnlBnftCntrctInd>
      <PayPremiumsPrsnlBnftCntrctInd>0</PayPremiumsPrsnlBnftCntrctInd>
      <IndoorTanningServicesInd>0</IndoorTanningServicesInd>
      <SubjToTaxRmnrtnExPrchtPymtInd>0</SubjToTaxRmnrtnExPrchtPymtInd>
      <SubjectToExcsTaxNetInvstIncInd>0</SubjectToExcsTaxNetInvstIncInd>
      <InfoInScheduleOPartVIInd>X</InfoInScheduleOPartVIInd>
      <GoverningBodyVotingMembersCnt>16</GoverningBodyVotingMembersCnt>
      <IndependentVotingMemberCnt>16</IndependentVotingMemberCnt>
      <FamilyOrBusinessRlnInd>0</FamilyOrBusinessRlnInd>
      <DelegationOfMgmtDutiesInd>0</DelegationOfMgmtDutiesInd>
      <ChangeToOrgDocumentsInd>0</ChangeToOrgDocumentsInd>
      <MaterialDiversionOrMisuseInd>0</MaterialDiversionOrMisuseInd>
      <MembersOrStockholdersInd>0</MembersOrStockholdersInd>
      <ElectionOfBoardMembersInd>0</ElectionOfBoardMembersInd>
      <DecisionsSubjectToApprovaInd>0</DecisionsSubjectToApprovaInd>
      <MinutesOfGoverningBodyInd>1</MinutesOfGoverningBodyInd>
      <MinutesOfCommitteesInd>1</MinutesOfCommitteesInd>
      <OfficerMailingAddressInd>0</OfficerMailingAddressInd>
      <LocalChaptersInd>0</LocalChaptersInd>
      <Form990ProvidedToGvrnBodyInd>1</Form990ProvidedToGvrnBodyInd>
      <ConflictOfInterestPolicyInd>1</ConflictOfInterestPolicyInd>
      <AnnualDisclosureCoveredPrsnInd>1</AnnualDisclosureCoveredPrsnInd>
      <RegularMonitoringEnfrcInd>1</RegularMonitoringEnfrcInd>
      <WhistleblowerPolicyInd>1</WhistleblowerPolicyInd>
      <DocumentRetentionPolicyInd>1</DocumentRetentionPolicyInd>
      <CompensationProcessCEOInd>1</CompensationProcessCEOInd>
      <CompensationProcessOtherInd>1</CompensationProcessOtherInd>
      <InvestmentInJointVentureInd>0</InvestmentInJointVentureInd>
      <OtherWebsiteInd>X</OtherWebsiteInd>
      <UponRequestInd>X</UponRequestInd>
      <BooksInCareOfDetail>
        <BusinessName>
          <BusinessNameLine1Txt>KEVIN REDDING</BusinessNameLine1Txt>
        </BusinessName>
        <PhoneNum>3366910088</PhoneNum>
        <USAddress>
          <AddressLine1Txt>324 W WENDOVER AVENUE SUITE 112</AddressLine1Txt>
          <CityNm>GREENSBORO</CityNm>
          <StateAbbreviationCd>NC</StateAbbreviationCd>
          <ZIPCd>27408</ZIPCd>
        </USAddress>
      </BooksInCareOfDetail>
      <Form990PartVIISectionAGrp>
        <PersonNm>BETTY JO FORREST</PersonNm>
        <TitleTxt>DIRECTOR</TitleTxt>
        <AverageHoursPerWeekRt>1.00</AverageHoursPerWeekRt>
        <IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
        <ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>R SCOTT MCNEELY</PersonNm>
        <TitleTxt>DIRECTOR</TitleTxt>
        <AverageHoursPerWeekRt>1.00</AverageHoursPerWeekRt>
        <IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
        <ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>CHRIS WAGNER</PersonNm>
        <TitleTxt>DIRECTOR, TREASURER</TitleTxt>
        <AverageHoursPerWeekRt>3.00</AverageHoursPerWeekRt>
        <IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
        <OfficerInd>X</OfficerInd>
        <ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>MARY MAGRINAT</PersonNm>
        <TitleTxt>DIRECTOR,PESIDENT</TitleTxt>
        <AverageHoursPerWeekRt>3.00</AverageHoursPerWeekRt>
        <IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
        <OfficerInd>X</OfficerInd>
        <ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>LINDA BEERMAN</PersonNm>
        <TitleTxt>DIRECTOR</TitleTxt>
        <AverageHoursPerWeekRt>1.00</AverageHoursPerWeekRt>
        <IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
        <ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>PARKER HUITT</PersonNm>
        <TitleTxt>DIRECTOR</TitleTxt>
        <AverageHoursPerWeekRt>1.00</AverageHoursPerWeekRt>
        <IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
        <ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>LYNN J MOSELEY</PersonNm>
        <TitleTxt>DIRECTOR</TitleTxt>
        <AverageHoursPerWeekRt>1.00</AverageHoursPerWeekRt>
        <IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
        <ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>STEVE WRIGHT</PersonNm>
        <TitleTxt>DIRECTOR</TitleTxt>
        <AverageHoursPerWeekRt>1.00</AverageHoursPerWeekRt>
        <IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
        <ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>STEVE BERLIN</PersonNm>
        <TitleTxt>DIRECTOR</TitleTxt>
        <AverageHoursPerWeekRt>1.00</AverageHoursPerWeekRt>
        <IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
        <ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>ROBIN DAVIS</PersonNm>
        <TitleTxt>DIRECTOR, SECRETARY</TitleTxt>
        <AverageHoursPerWeekRt>1.00</AverageHoursPerWeekRt>
        <IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
        <OfficerInd>X</OfficerInd>
        <ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>WILLIAM HINMAN</PersonNm>
        <TitleTxt>DIRECTOR, VICE PRESIDENT</TitleTxt>
        <AverageHoursPerWeekRt>1.00</AverageHoursPerWeekRt>
        <IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
        <OfficerInd>X</OfficerInd>
        <ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>BERN SCHUMAK</PersonNm>
        <TitleTxt>DIRECTOR</TitleTxt>
        <AverageHoursPerWeekRt>1.00</AverageHoursPerWeekRt>
        <IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
        <ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>ANDREA THOMAS</PersonNm>
        <TitleTxt>DIRECTOR</TitleTxt>
        <AverageHoursPerWeekRt>1.00</AverageHoursPerWeekRt>
        <IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
        <ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>MATT PERRY</PersonNm>
        <TitleTxt>DIRECTOR</TitleTxt>
        <AverageHoursPerWeekRt>1.00</AverageHoursPerWeekRt>
        <IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
        <ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>ALLEN OVERBEY</PersonNm>
        <TitleTxt>DIRECTOR</TitleTxt>
        <AverageHoursPerWeekRt>1.00</AverageHoursPerWeekRt>
        <IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
        <ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>KEITH BOBBITT</PersonNm>
        <TitleTxt>DIRECTOR</TitleTxt>
        <AverageHoursPerWeekRt>1.00</AverageHoursPerWeekRt>
        <IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
        <ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>KEVIN REDDING</PersonNm>
        <TitleTxt>EXECUTIVE DIRECTOR</TitleTxt>
        <AverageHoursPerWeekRt>40.00</AverageHoursPerWeekRt>
        <OfficerInd>X</OfficerInd>
        <ReportableCompFromOrgAmt>139110</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>4173</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>KALEN KINGSBURY</PersonNm>
        <TitleTxt>ASSOCIATE DIRECTOR/LEGAL C</TitleTxt>
        <AverageHoursPerWeekRt>40.00</AverageHoursPerWeekRt>
        <OfficerInd>X</OfficerInd>
        <ReportableCompFromOrgAmt>125964</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>3779</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <TotalReportableCompFromOrgAmt>265074</TotalReportableCompFromOrgAmt>
      <TotReportableCompRltdOrgAmt>0</TotReportableCompRltdOrgAmt>
      <TotalOtherCompensationAmt>7952</TotalOtherCompensationAmt>
      <IndivRcvdGreaterThan100KCnt>2</IndivRcvdGreaterThan100KCnt>
      <FormerOfcrEmployeesListedInd>0</FormerOfcrEmployeesListedInd>
      <TotalCompGreaterThan150KInd>0</TotalCompGreaterThan150KInd>
      <CompensationFromOtherSrcsInd>0</CompensationFromOtherSrcsInd>
      <CntrctRcvdGreaterThan100KCnt>0</CntrctRcvdGreaterThan100KCnt>
      <GovernmentGrantsAmt>1147406</GovernmentGrantsAmt>
      <AllOtherContributionsAmt>8549094</AllOtherContributionsAmt>
      <NoncashContributionsAmt>889004</NoncashContributionsAmt>
      <TotalContributionsAmt>9696500</TotalContributionsAmt>
      <ProgramServiceRevenueGrp>
        <Desc>MONITORING OF PROTECTED LAND</Desc>
        <BusinessCd>531390</BusinessCd>
        <TotalRevenueColumnAmt>55850</TotalRevenueColumnAmt>
        <RelatedOrExemptFuncIncomeAmt>55850</RelatedOrExemptFuncIncomeAmt>
      </ProgramServiceRevenueGrp>
      <TotalProgramServiceRevenueAmt>55850</TotalProgramServiceRevenueAmt>
      <InvestmentIncomeGrp>
        <TotalRevenueColumnAmt>357870</TotalRevenueColumnAmt>
        <ExclusionAmt>357870</ExclusionAmt>
      </InvestmentIncomeGrp>
      <GrossRentsGrp>
        <RealAmt>30390</RealAmt>
      </GrossRentsGrp>
      <LessRentalExpensesGrp>
        <RealAmt>12727</RealAmt>
      </LessRentalExpensesGrp>
      <RentalIncomeOrLossGrp>
        <RealAmt>17663</RealAmt>
      </RentalIncomeOrLossGrp>
      <NetRentalIncomeOrLossGrp>
        <TotalRevenueColumnAmt>17663</TotalRevenueColumnAmt>
        <ExclusionAmt>17663</ExclusionAmt>
      </NetRentalIncomeOrLossGrp>
      <GrossAmountSalesAssetsGrp>
        <SecuritiesAmt>771770</SecuritiesAmt>
        <OtherAmt>83840</OtherAmt>
      </GrossAmountSalesAssetsGrp>
      <LessCostOthBasisSalesExpnssGrp>
        <SecuritiesAmt>730373</SecuritiesAmt>
        <OtherAmt>89000</OtherAmt>
      </LessCostOthBasisSalesExpnssGrp>
      <GainOrLossGrp>
        <SecuritiesAmt>41397</SecuritiesAmt>
        <OtherAmt>-5160</OtherAmt>
      </GainOrLossGrp>
      <NetGainOrLossInvestmentsGrp>
        <TotalRevenueColumnAmt>36237</TotalRevenueColumnAmt>
        <ExclusionAmt>36237</ExclusionAmt>
      </NetGainOrLossInvestmentsGrp>
      <FundraisingGrossIncomeAmt>1250</FundraisingGrossIncomeAmt>
      <FundraisingDirectExpensesAmt>902</FundraisingDirectExpensesAmt>
      <NetIncmFromFundraisingEvtGrp>
        <TotalRevenueColumnAmt>348</TotalRevenueColumnAmt>
        <ExclusionAmt>348</ExclusionAmt>
      </NetIncmFromFundraisingEvtGrp>
      <TotalRevenueGrp>
        <TotalRevenueColumnAmt>10164468</TotalRevenueColumnAmt>
        <RelatedOrExemptFuncIncomeAmt>55850</RelatedOrExemptFuncIncomeAmt>
        <UnrelatedBusinessRevenueAmt>0</UnrelatedBusinessRevenueAmt>
        <ExclusionAmt>412118</ExclusionAmt>
      </TotalRevenueGrp>
      <CompCurrentOfcrDirectorsGrp>
        <TotalAmt>265074</TotalAmt>
        <ProgramServicesAmt>196154</ProgramServicesAmt>
        <ManagementAndGeneralAmt>34460</ManagementAndGeneralAmt>
        <FundraisingAmt>34460</FundraisingAmt>
      </CompCurrentOfcrDirectorsGrp>
      <OtherSalariesAndWagesGrp>
        <TotalAmt>664759</TotalAmt>
        <ProgramServicesAmt>491923</ProgramServicesAmt>
        <ManagementAndGeneralAmt>86418</ManagementAndGeneralAmt>
        <FundraisingAmt>86418</FundraisingAmt>
      </OtherSalariesAndWagesGrp>
      <PensionPlanContributionsGrp>
        <TotalAmt>25448</TotalAmt>
        <ProgramServicesAmt>18832</ProgramServicesAmt>
        <ManagementAndGeneralAmt>3308</ManagementAndGeneralAmt>
        <FundraisingAmt>3308</FundraisingAmt>
      </PensionPlanContributionsGrp>
      <OtherEmployeeBenefitsGrp>
        <TotalAmt>93342</TotalAmt>
        <ProgramServicesAmt>68745</ProgramServicesAmt>
        <ManagementAndGeneralAmt>12521</ManagementAndGeneralAmt>
        <FundraisingAmt>12076</FundraisingAmt>
      </OtherEmployeeBenefitsGrp>
      <PayrollTaxesGrp>
        <TotalAmt>75096</TotalAmt>
        <ProgramServicesAmt>55571</ProgramServicesAmt>
        <ManagementAndGeneralAmt>9763</ManagementAndGeneralAmt>
        <FundraisingAmt>9762</FundraisingAmt>
      </PayrollTaxesGrp>
      <FeesForServicesAccountingGrp>
        <TotalAmt>83400</TotalAmt>
        <ProgramServicesAmt>39739</ProgramServicesAmt>
        <ManagementAndGeneralAmt>36681</ManagementAndGeneralAmt>
        <FundraisingAmt>6980</FundraisingAmt>
      </FeesForServicesAccountingGrp>
      <FeesForServicesProfFundraising>
        <TotalAmt>66215</TotalAmt>
        <FundraisingAmt>66215</FundraisingAmt>
      </FeesForServicesProfFundraising>
      <FeesForServicesOtherGrp>
        <TotalAmt>17646</TotalAmt>
        <ProgramServicesAmt>8774</ProgramServicesAmt>
        <ManagementAndGeneralAmt>8119</ManagementAndGeneralAmt>
        <FundraisingAmt>753</FundraisingAmt>
      </FeesForServicesOtherGrp>
      <OccupancyGrp>
        <TotalAmt>65142</TotalAmt>
        <ProgramServicesAmt>48205</ProgramServicesAmt>
        <ManagementAndGeneralAmt>8469</ManagementAndGeneralAmt>
        <FundraisingAmt>8468</FundraisingAmt>
      </OccupancyGrp>
      <TravelGrp>
        <TotalAmt>23331</TotalAmt>
        <ProgramServicesAmt>16180</ProgramServicesAmt>
        <ManagementAndGeneralAmt>6417</ManagementAndGeneralAmt>
        <FundraisingAmt>734</FundraisingAmt>
      </TravelGrp>
      <DepreciationDepletionGrp>
        <TotalAmt>14394</TotalAmt>
        <ProgramServicesAmt>6216</ProgramServicesAmt>
        <ManagementAndGeneralAmt>5478</ManagementAndGeneralAmt>
        <FundraisingAmt>2700</FundraisingAmt>
      </DepreciationDepletionGrp>
      <InsuranceGrp>
        <TotalAmt>35354</TotalAmt>
        <ProgramServicesAmt>26162</ProgramServicesAmt>
        <ManagementAndGeneralAmt>4596</ManagementAndGeneralAmt>
        <FundraisingAmt>4596</FundraisingAmt>
      </InsuranceGrp>
      <OtherExpensesGrp>
        <Desc>LAND PROJECTS</Desc>
        <TotalAmt>2655763</TotalAmt>
        <ProgramServicesAmt>2655629</ProgramServicesAmt>
        <ManagementAndGeneralAmt>67</ManagementAndGeneralAmt>
        <FundraisingAmt>67</FundraisingAmt>
      </OtherExpensesGrp>
      <OtherExpensesGrp>
        <Desc>SUPPLIES</Desc>
        <TotalAmt>72049</TotalAmt>
        <ProgramServicesAmt>46853</ProgramServicesAmt>
        <ManagementAndGeneralAmt>17072</ManagementAndGeneralAmt>
        <FundraisingAmt>8124</FundraisingAmt>
      </OtherExpensesGrp>
      <OtherExpensesGrp>
        <Desc>EQUIPMENT MAINTENANCE</Desc>
        <TotalAmt>19788</TotalAmt>
        <ProgramServicesAmt>13838</ProgramServicesAmt>
        <ManagementAndGeneralAmt>3968</ManagementAndGeneralAmt>
        <FundraisingAmt>1982</FundraisingAmt>
      </OtherExpensesGrp>
      <OtherExpensesGrp>
        <Desc>DUES AND SUBSCRIPTIONS</Desc>
        <TotalAmt>19036</TotalAmt>
        <ProgramServicesAmt>7896</ProgramServicesAmt>
        <ManagementAndGeneralAmt>10775</ManagementAndGeneralAmt>
        <FundraisingAmt>365</FundraisingAmt>
      </OtherExpensesGrp>
      <AllOtherExpensesGrp>
        <TotalAmt>57904</TotalAmt>
        <ProgramServicesAmt>29812</ProgramServicesAmt>
        <ManagementAndGeneralAmt>8659</ManagementAndGeneralAmt>
        <FundraisingAmt>19433</FundraisingAmt>
      </AllOtherExpensesGrp>
      <TotalFunctionalExpensesGrp>
        <TotalAmt>4253741</TotalAmt>
        <ProgramServicesAmt>3730529</ProgramServicesAmt>
        <ManagementAndGeneralAmt>256771</ManagementAndGeneralAmt>
        <FundraisingAmt>266441</FundraisingAmt>
      </TotalFunctionalExpensesGrp>
      <CashNonInterestBearingGrp>
        <BOYAmt>630863</BOYAmt>
        <EOYAmt>3585580</EOYAmt>
      </CashNonInterestBearingGrp>
      <AccountsReceivableGrp>
        <BOYAmt>27668</BOYAmt>
        <EOYAmt>13964</EOYAmt>
      </AccountsReceivableGrp>
      <PrepaidExpensesDefrdChargesGrp>
        <BOYAmt>27438</BOYAmt>
        <EOYAmt>25804</EOYAmt>
      </PrepaidExpensesDefrdChargesGrp>
      <LandBldgEquipCostOrOtherBssAmt>197988</LandBldgEquipCostOrOtherBssAmt>
      <LandBldgEquipAccumDeprecAmt>71723</LandBldgEquipAccumDeprecAmt>
      <LandBldgEquipBasisNetGrp>
        <BOYAmt>147037</BOYAmt>
        <EOYAmt>126265</EOYAmt>
      </LandBldgEquipBasisNetGrp>
      <InvestmentsPubTradedSecGrp>
        <BOYAmt>6073933</BOYAmt>
        <EOYAmt>7618822</EOYAmt>
      </InvestmentsPubTradedSecGrp>
      <OtherAssetsTotalGrp>
        <BOYAmt>17307389</BOYAmt>
        <EOYAmt>19791190</EOYAmt>
      </OtherAssetsTotalGrp>
      <TotalAssetsGrp>
        <BOYAmt>24214328</BOYAmt>
        <EOYAmt>31161625</EOYAmt>
      </TotalAssetsGrp>
      <AccountsPayableAccrExpnssGrp>
        <BOYAmt>68005</BOYAmt>
        <EOYAmt>66299</EOYAmt>
      </AccountsPayableAccrExpnssGrp>
      <OtherLiabilitiesGrp>
        <BOYAmt>372849</BOYAmt>
        <EOYAmt>294336</EOYAmt>
      </OtherLiabilitiesGrp>
      <TotalLiabilitiesGrp>
        <BOYAmt>440854</BOYAmt>
        <EOYAmt>360635</EOYAmt>
      </TotalLiabilitiesGrp>
      <OrganizationFollowsFASB117Ind>X</OrganizationFollowsFASB117Ind>
      <NoDonorRestrictionNetAssetsGrp>
        <BOYAmt>16842359</BOYAmt>
        <EOYAmt>17147042</EOYAmt>
      </NoDonorRestrictionNetAssetsGrp>
      <DonorRestrictionNetAssetsGrp>
        <BOYAmt>6931115</BOYAmt>
        <EOYAmt>13653948</EOYAmt>
      </DonorRestrictionNetAssetsGrp>
      <TotalNetAssetsFundBalanceGrp>
        <BOYAmt>23773474</BOYAmt>
        <EOYAmt>30800990</EOYAmt>
      </TotalNetAssetsFundBalanceGrp>
      <TotLiabNetAssetsFundBalanceGrp>
        <BOYAmt>24214328</BOYAmt>
        <EOYAmt>31161625</EOYAmt>
      </TotLiabNetAssetsFundBalanceGrp>
      <ReconcilationRevenueExpnssAmt>5910727</ReconcilationRevenueExpnssAmt>
      <NetUnrlzdGainsLossesInvstAmt>1116789</NetUnrlzdGainsLossesInvstAmt>
      <OtherChangesInNetAssetsAmt>0</OtherChangesInNetAssetsAmt>
      <MethodOfAccountingAccrualInd>X</MethodOfAccountingAccrualInd>
      <AccountantCompileOrReviewInd>0</AccountantCompileOrReviewInd>
      <FSAuditedInd>1</FSAuditedInd>
      <FSAuditedBasisGrp>
        <SeparateBasisFinclStmtInd>X</SeparateBasisFinclStmtInd>
      </FSAuditedBasisGrp>
      <AuditCommitteeInd>1</AuditCommitteeInd>
      <FederalGrantAuditRequiredInd>0</FederalGrantAuditRequiredInd>
    </IRS990>
    <IRS990ScheduleA documentId="RetDoc1039100001">
      <PublicOrganization170Ind>X</PublicOrganization170Ind>
      <GiftsGrantsContriRcvd170Grp>
        <CurrentTaxYearMinus4YearsAmt>1347824</CurrentTaxYearMinus4YearsAmt>
        <CurrentTaxYearMinus3YearsAmt>6171553</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>4345426</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>4002041</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>9696500</CurrentTaxYearAmt>
        <TotalAmt>25563344</TotalAmt>
      </GiftsGrantsContriRcvd170Grp>
      <TotalCalendarYear170Grp>
        <CurrentTaxYearMinus4YearsAmt>1347824</CurrentTaxYearMinus4YearsAmt>
        <CurrentTaxYearMinus3YearsAmt>6171553</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>4345426</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>4002041</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>9696500</CurrentTaxYearAmt>
        <TotalAmt>25563344</TotalAmt>
      </TotalCalendarYear170Grp>
      <SubstantialContributorsTotAmt>2417878</SubstantialContributorsTotAmt>
      <PublicSupportTotal170Amt>23145466</PublicSupportTotal170Amt>
      <GrossInvestmentIncome170Grp>
        <CurrentTaxYearMinus4YearsAmt>288918</CurrentTaxYearMinus4YearsAmt>
        <CurrentTaxYearMinus3YearsAmt>350297</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>342646</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>336018</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>357870</CurrentTaxYearAmt>
        <TotalAmt>1675749</TotalAmt>
      </GrossInvestmentIncome170Grp>
      <OtherIncome170Grp>
        <CurrentTaxYearMinus4YearsAmt>145</CurrentTaxYearMinus4YearsAmt>
        <CurrentTaxYearMinus3YearsAmt>500</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>17470</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>2090</CurrentTaxYearMinus1YearAmt>
        <TotalAmt>20205</TotalAmt>
      </OtherIncome170Grp>
      <TotalSupportAmt>27259298</TotalSupportAmt>
      <GrossReceiptsRltdActivitiesAmt>34949</GrossReceiptsRltdActivitiesAmt>
      <PublicSupportCY170Pct>0.84910</PublicSupportCY170Pct>
      <PublicSupportPY170Pct>0.75210</PublicSupportPY170Pct>
      <ThirtyThrPctSuprtTestsCY170Ind>X</ThirtyThrPctSuprtTestsCY170Ind>
      <Form990ScheduleAPartVIGrp>
        <FormAndLineReferenceDesc>SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:</FormAndLineReferenceDesc>
        <ExplanationTxt>MISCELLANEOUS - 2021 AMOUNT: $ 145. 2022 AMOUNT: $ 500. 2023 AMOUNT: $ 17,470. 2024 AMOUNT: $ 2,090. 2025 AMOUNT: $ 0.</ExplanationTxt>
      </Form990ScheduleAPartVIGrp>
    </IRS990ScheduleA>
    <IRS990ScheduleB documentId="RetDoc1234500001">
      <ContributorInformationGrp>
        <ContributorNum>RESTRICTED</ContributorNum>
        <ContributorBusinessName>
          <BusinessNameLine1>RESTRICTED</BusinessNameLine1>
        </ContributorBusinessName>
        <ContributorUSAddress>
          <AddressLine1>RESTRICTED</AddressLine1>
          <AddressLine2>RESTRICTED</AddressLine2>
          <City>RESTRICTED</City>
          <State>RESTRICTED</State>
          <ZIPCode>RESTRICTED</ZIPCode>
        </ContributorUSAddress>
        <TotalContributionsAmt>RESTRICTED</TotalContributionsAmt>
      </ContributorInformationGrp>
    </IRS990ScheduleB>
    <IRS990ScheduleD documentId="RetDoc1039900001">
      <PreservationPublicUseInd>X</PreservationPublicUseInd>
      <ProtectionNaturalHabitatInd>X</ProtectionNaturalHabitatInd>
      <PreservationOpenSpaceInd>X</PreservationOpenSpaceInd>
      <HistoricLandAreaInd>X</HistoricLandAreaInd>
      <TotalEasementsCnt>141</TotalEasementsCnt>
      <TotalAcreageCnt>18190.00</TotalAcreageCnt>
      <ModifiedEasementsCnt>0</ModifiedEasementsCnt>
      <StatesEasementsHeldCnt>1</StatesEasementsHeldCnt>
      <WrittenPolicyMonitoringInd>1</WrittenPolicyMonitoringInd>
      <StaffHoursSpentEnforcementCnt>2600.00</StaffHoursSpentEnforcementCnt>
      <ExpensesIncurredEnforcementAmt>428106</ExpensesIncurredEnforcementAmt>
      <CYEndwmtFundGrp>
        <BeginningYearBalanceAmt>3905324</BeginningYearBalanceAmt>
        <ContributionsAmt>6720</ContributionsAmt>
        <InvestmentEarningsOrLossesAmt>375817</InvestmentEarningsOrLossesAmt>
        <GrantsOrScholarshipsAmt>141414</GrantsOrScholarshipsAmt>
        <AdministrativeExpensesAmt>46442</AdministrativeExpensesAmt>
        <EndYearBalanceAmt>4100005</EndYearBalanceAmt>
      </CYEndwmtFundGrp>
      <CYMinus1YrEndwmtFundGrp>
        <BeginningYearBalanceAmt>3717758</BeginningYearBalanceAmt>
        <InvestmentEarningsOrLossesAmt>376566</InvestmentEarningsOrLossesAmt>
        <GrantsOrScholarshipsAmt>147655</GrantsOrScholarshipsAmt>
        <AdministrativeExpensesAmt>41345</AdministrativeExpensesAmt>
        <EndYearBalanceAmt>3905324</EndYearBalanceAmt>
      </CYMinus1YrEndwmtFundGrp>
      <CYMinus2YrEndwmtFundGrp>
        <BeginningYearBalanceAmt>3451063</BeginningYearBalanceAmt>
        <ContributionsAmt>37946</ContributionsAmt>
        <InvestmentEarningsOrLossesAmt>407996</InvestmentEarningsOrLossesAmt>
        <GrantsOrScholarshipsAmt>134109</GrantsOrScholarshipsAmt>
        <AdministrativeExpensesAmt>45138</AdministrativeExpensesAmt>
        <EndYearBalanceAmt>3717758</EndYearBalanceAmt>
      </CYMinus2YrEndwmtFundGrp>
      <CYMinus3YrEndwmtFundGrp>
        <BeginningYearBalanceAmt>3121684</BeginningYearBalanceAmt>
        <ContributionsAmt>126380</ContributionsAmt>
        <InvestmentEarningsOrLossesAmt>371990</InvestmentEarningsOrLossesAmt>
        <GrantsOrScholarshipsAmt>127230</GrantsOrScholarshipsAmt>
        <AdministrativeExpensesAmt>41761</AdministrativeExpensesAmt>
        <EndYearBalanceAmt>3451063</EndYearBalanceAmt>
      </CYMinus3YrEndwmtFundGrp>
      <CYMinus4YrEndwmtFundGrp>
        <BeginningYearBalanceAmt>3739480</BeginningYearBalanceAmt>
        <ContributionsAmt>91525</ContributionsAmt>
        <InvestmentEarningsOrLossesAmt>-549280</InvestmentEarningsOrLossesAmt>
        <GrantsOrScholarshipsAmt>115202</GrantsOrScholarshipsAmt>
        <AdministrativeExpensesAmt>44839</AdministrativeExpensesAmt>
        <EndYearBalanceAmt>3121684</EndYearBalanceAmt>
      </CYMinus4YrEndwmtFundGrp>
      <PrmnntEndowmentBalanceEOYPct>1.00000</PrmnntEndowmentBalanceEOYPct>
      <EndowmentsHeldUnrelatedOrgInd>1</EndowmentsHeldUnrelatedOrgInd>
      <EndowmentsHeldRelatedOrgInd>0</EndowmentsHeldRelatedOrgInd>
      <LeaseholdImprovementsGrp>
        <InvestmentCostOrOtherBasisAmt>95683</InvestmentCostOrOtherBasisAmt>
        <DepreciationAmt>9568</DepreciationAmt>
        <BookValueAmt>86115</BookValueAmt>
      </LeaseholdImprovementsGrp>
      <EquipmentGrp>
        <InvestmentCostOrOtherBasisAmt>102305</InvestmentCostOrOtherBasisAmt>
        <DepreciationAmt>62155</DepreciationAmt>
        <BookValueAmt>40150</BookValueAmt>
      </EquipmentGrp>
      <TotalBookValueLandBuildingsAmt>126265</TotalBookValueLandBuildingsAmt>
      <OtherAssetsOrgGrp>
        <Desc>BENEFICIAL INTEREST IN TRUSTS</Desc>
        <BookValueAmt>4100005</BookValueAmt>
      </OtherAssetsOrgGrp>
      <OtherAssetsOrgGrp>
        <Desc>CONSERVATION EASEMENTS</Desc>
        <BookValueAmt>141</BookValueAmt>
      </OtherAssetsOrgGrp>
      <OtherAssetsOrgGrp>
        <Desc>PROTECTED LAND</Desc>
        <BookValueAmt>12470062</BookValueAmt>
      </OtherAssetsOrgGrp>
      <OtherAssetsOrgGrp>
        <Desc>CELL TOWER LEASE RIGHTS</Desc>
        <BookValueAmt>27254</BookValueAmt>
      </OtherAssetsOrgGrp>
      <OtherAssetsOrgGrp>
        <Desc>DEPOSITS</Desc>
        <BookValueAmt>10000</BookValueAmt>
      </OtherAssetsOrgGrp>
      <OtherAssetsOrgGrp>
        <Desc>RIGHT TO USE LEASED PROPERTY</Desc>
        <BookValueAmt>294336</BookValueAmt>
      </OtherAssetsOrgGrp>
      <OtherAssetsOrgGrp>
        <Desc>CAPITAL CAMPAIGN PLEDGES</Desc>
        <BookValueAmt>2889392</BookValueAmt>
      </OtherAssetsOrgGrp>
      <TotalBookValueOtherAssetsAmt>19791190</TotalBookValueOtherAssetsAmt>
      <OtherLiabilitiesOrgGrp>
        <Desc>LEASE OBLIGATIONS</Desc>
        <Amt>294336</Amt>
      </OtherLiabilitiesOrgGrp>
      <TotalLiabilityAmt>294336</TotalLiabilityAmt>
      <TotalRevEtcAuditedFinclStmtAmt>11293985</TotalRevEtcAuditedFinclStmtAmt>
      <NetUnrealizedGainsInvstAmt>1116789</NetUnrealizedGainsInvstAmt>
      <OtherRevenueAmt>12728</OtherRevenueAmt>
      <RevenueNotReportedAmt>1129517</RevenueNotReportedAmt>
      <RevenueSubtotalAmt>10164468</RevenueSubtotalAmt>
      <RevenueNotReportedFinclStmtAmt>0</RevenueNotReportedFinclStmtAmt>
      <TotalRevenuePerForm990Amt>10164468</TotalRevenuePerForm990Amt>
      <TotExpnsEtcAuditedFinclStmtAmt>4266469</TotExpnsEtcAuditedFinclStmtAmt>
      <OtherExpensesIncludedAmt>12728</OtherExpensesIncludedAmt>
      <ExpensesNotReportedAmt>12728</ExpensesNotReportedAmt>
      <ExpensesSubtotalAmt>4253741</ExpensesSubtotalAmt>
      <ExpensesNotRptFinclStmtAmt>0</ExpensesNotRptFinclStmtAmt>
      <TotalExpensesPerForm990Amt>4253741</TotalExpensesPerForm990Amt>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>PART II, LINE 9:</FormAndLineReferenceDesc>
        <ExplanationTxt>CONSERVATION EASEMENTS HELD BY PIEDMONT LAND CONSERVANCY ARE REPORTED ON THE FINANCIAL STATEMENTS AT A NOMINAL VALUE OF $1 PER EASEMENT. THE ORGANIZATION FEELS THAT EASEMENTS DO NOT MEET THE DEFINITION OF AN ASSET AS DEFINED IN CONCEPT STATEMENT 6 OF THE FASB AND THEREFORE SHOULD NOT BE VALUED AT ANY SUBSTANTIVE AMOUNT ON THE BALANCE SHEET. WHEN AN EASEMENT IS PURCHASED, THE PURCHASE PRICE IN EXCESS OF $1 IS CHARGED TO LAND PROTECTION EXPENSE.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>PART V, LINE 4:</FormAndLineReferenceDesc>
        <ExplanationTxt>TO PROVIDE PERPETUAL FUNDING FOR STEWARDSHIP REQUIREMENTS ON LAND AND EASEMENTS CONTROLLED BY THE ORGANIZATION.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>PART XI, LINE 2D - OTHER ADJUSTMENTS:</FormAndLineReferenceDesc>
        <ExplanationTxt>RENTAL EXPENSES DEDUCTED 12,728.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>PART XII, LINE 2D - OTHER ADJUSTMENTS:</FormAndLineReferenceDesc>
        <ExplanationTxt>RENTAL EXPENSES 12,728.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleD>
    <IRS990ScheduleG documentId="RetDoc1041200001">
      <MailSolicitationsInd>X</MailSolicitationsInd>
      <InPersonSolicitationsInd>X</InPersonSolicitationsInd>
      <SolicitationOfNonGovtGrantsInd>X</SolicitationOfNonGovtGrantsInd>
      <SolicitationOfGovtGrantsInd>X</SolicitationOfGovtGrantsInd>
      <SpecialFundraisingEventsInd>X</SpecialFundraisingEventsInd>
      <AgrmtProfFundraisingActyInd>1</AgrmtProfFundraisingActyInd>
      <FundraiserActivityInfoGrp>
        <OrganizationBusinessName>
          <BusinessNameLine1Txt>CAPITAL DEVELOPMENT SERVICES INC</BusinessNameLine1Txt>
        </OrganizationBusinessName>
        <USAddress>
          <AddressLine1Txt>915 WEST 4TH STREET STE 100</AddressLine1Txt>
          <CityNm>WINSTONSALEM</CityNm>
          <StateAbbreviationCd>NC</StateAbbreviationCd>
          <ZIPCd>27101</ZIPCd>
        </USAddress>
        <ActivityTxt>DEVELOP AND MANAGE CAPITAL CAMPAIGN FOR GUILFORD WOODS PROJE</ActivityTxt>
        <FundraiserControlOfFundsInd>0</FundraiserControlOfFundsInd>
        <GrossReceiptsAmt>6324023</GrossReceiptsAmt>
        <RetainedByContractorAmt>66216</RetainedByContractorAmt>
        <NetToOrganizationAmt>6257807</NetToOrganizationAmt>
      </FundraiserActivityInfoGrp>
      <TotalGrossReceiptsAmt>6324023</TotalGrossReceiptsAmt>
      <TotalRetainedByContractorsAmt>66216</TotalRetainedByContractorsAmt>
      <TotalNetToOrganizationAmt>6257807</TotalNetToOrganizationAmt>
      <LicensedStatesCd>NC</LicensedStatesCd>
      <FundraisingEventInformationGrp>
        <Event1Nm>TRAILS SUMMIT</Event1Nm>
        <GrossReceiptsEvent1Amt>1250</GrossReceiptsEvent1Amt>
        <GrossRevenueEvent1Amt>1250</GrossRevenueEvent1Amt>
        <OtherDirectExpensesEvent1Amt>902</OtherDirectExpensesEvent1Amt>
        <GrossReceiptsTotalAmt>1250</GrossReceiptsTotalAmt>
        <GrossRevenueTotalEventsAmt>1250</GrossRevenueTotalEventsAmt>
        <OthDirectExpnssTotalEventsAmt>902</OthDirectExpnssTotalEventsAmt>
        <DirectExpenseSummaryEventsAmt>902</DirectExpenseSummaryEventsAmt>
        <NetIncomeSummaryAmt>348</NetIncomeSummaryAmt>
      </FundraisingEventInformationGrp>
    </IRS990ScheduleG>
    <IRS990ScheduleM documentId="RetDoc1042900001">
      <QualifiedContribOtherGrp>
        <NonCashCheckboxInd>X</NonCashCheckboxInd>
        <ContributionCnt>6</ContributionCnt>
        <NoncashContributionsRptF990Amt>6</NoncashContributionsRptF990Amt>
        <MethodOfDeterminingRevenuesTxt>NOMINAL $1 PER EASEMENT</MethodOfDeterminingRevenuesTxt>
      </QualifiedContribOtherGrp>
      <RealEstateOtherGrp>
        <NonCashCheckboxInd>X</NonCashCheckboxInd>
        <ContributionCnt>4</ContributionCnt>
        <NoncashContributionsRptF990Amt>888998</NoncashContributionsRptF990Amt>
        <MethodOfDeterminingRevenuesTxt>APPRAISAL OR SALES PRICE</MethodOfDeterminingRevenuesTxt>
      </RealEstateOtherGrp>
      <Form8283ReceivedCnt>8</Form8283ReceivedCnt>
      <AnyPropertyThatMustBeHeldInd>0</AnyPropertyThatMustBeHeldInd>
      <ReviewProcessUnusualNCGiftsInd>1</ReviewProcessUnusualNCGiftsInd>
      <ThirdPartiesUsedInd>0</ThirdPartiesUsedInd>
    </IRS990ScheduleM>
    <IRS990ScheduleO documentId="RetDoc1044400001">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>THE FINANCE COMMITTEE MEETS WITH THE ORGANIZATION'S OUTSIDE AUDITOR EACH YEAR TO REVIEW THE DRAFT FINANCIAL STATEMENTS AND FORM 990. A DRAFT OF THE FORM IS CIRCULATED TO EACH FINANCE COMMITTEE MEMBER PRIOR TO THE MEETING AND ANY QUESTIONS ARE ADDRESSED AT THE MEETING. CHANGES ARE INCORPORATED INTO THE FINAL VERSION OF FORM 990. AFTER THE FINANCE COMMITTEE APPROVES THE 990, IT IS CIRCULATED TO THE ENTIRE BOARD FOR REVIEW PRIOR TO FILING.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 12C</FormAndLineReferenceDesc>
        <ExplanationTxt>THE BOARD PRESIDENT AND EXECUTIVE DIRECTOR ARE CHARGED WITH MONITORING FOR CONFLICTS. IN ADDITION, ALL BOARD MEMBERS ARE RESPONSIBLE FOR DISCLOSING ANY POTENTIAL CONFLICTS AT THE BEGINNING OF EACH BOARD MEETING.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 15</FormAndLineReferenceDesc>
        <ExplanationTxt>THE EXECUTIVE COMMITTEE IS CHARGED WITH EVALUATING THE EXECUTIVE DIRECTOR'S PERFORMANCE AND MAKING A RECOMMENDATION TO THE BOARD OF DIRECTORS FOR ANY CHANGES IN THE EXECUTIVE DIRECTOR'S COMPENSATION. THE COMMITTEE GATHERS COMPARABLES FROM OTHER LAND TRUSTS AND SIMILAR-SIZED NONPROFIT ORGANIZATIONS WITHIN THE GEOGRAPHIC REGION.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION C, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>PIEDMONT LAND CONSERVANCY'S FINANCIAL STATEMENTS, BYLAWS, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC UPON REQUEST.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
    <IRS990ScheduleR documentId="RetDoc1043400001">
      <IdDisregardedEntitiesGrp>
        <DisregardedEntityName>
          <BusinessNameLine1Txt>FRIENDSHIP GARDEN LLC</BusinessNameLine1Txt>
        </DisregardedEntityName>
        <USAddress>
          <AddressLine1Txt>324 W WENDOVER AVE STE 112</AddressLine1Txt>
          <CityNm>GREENSBORO</CityNm>
          <StateAbbreviationCd>NC</StateAbbreviationCd>
          <ZIPCd>27408</ZIPCd>
        </USAddress>
        <EIN>475482860</EIN>
        <PrimaryActivitiesTxt>OWNS AND MANAGES THE EMILY ALLEN WILDFLOWER PRESERVE</PrimaryActivitiesTxt>
        <LegalDomicileStateCd>NC</LegalDomicileStateCd>
        <TotalIncomeAmt>11210</TotalIncomeAmt>
        <EndOfYearAssetsAmt>433649</EndOfYearAssetsAmt>
        <DirectControllingEntityName>
          <BusinessNameLine1Txt>PIEDMONT LAND CONSERVANCY</BusinessNameLine1Txt>
        </DirectControllingEntityName>
      </IdDisregardedEntitiesGrp>
    </IRS990ScheduleR>
  </ReturnData>
</Return>