Form 990 at a Glance

Land Trust Standards and Practices, Practice 2C. Federal Tax Exemption, includes one element with four sub-elements. This module addresses Practice 2C1a: File a complete and accurate annual information return (Form 990 or equivalent) with the Internal Revenue Service (IRS).

As the transition to a clean energy system accelerates and renewable energy development pressures increase, land trusts are facing, with far greater frequency, questions regarding renewable energy and conservation easements. This document outlines key considerations when drafting easements and for responding to landowner requests for siting renewable energy on existing easements.

This pointer considers when, and under what conditions, a land trust can allow a new utility right of way on a property subject to conservation easement or on fee lands.