Learn Practice Element 3A2b: Ensuring Sufficient Financial Resources

This guidance covers Practice Element 3A2: Board Financial Oversight.

Land Trust Standards and Practices, Practice 6A. Fiscal Health, includes five elements. This module addresses Practice 6A5: Build and maintain dedicated or restricted funds sufficient to cover the long-term costs of stewarding and defending the land trust's land and conservation easements.

Land Trust Standards and Practices Practice Element 3A2 on board oversight, includes five elements. This module addresses the third element, 3A2c: Receiving and reviewing financial reports and statements.

Land Trust Standards and Practices, Practice 9G: Recordkeeping, includes three elements. This module addresses the first element, 9G1.

Land Trust Standards and Practices Practice Element 3A2 on board oversight, includes five elements. This module addresses the fourth element, 3A2d: Reviewing the externally prepared financial audit, review or compilation.

Land Trust Standards and Practices Practice Element 3A2 on board oversight, includes five elements. This module addresses the first element, 3A2a: Reviewing and approving an annual budget.

Preventing conflicts with landowners is much preferred to fighting them in court. This pointer discusses easement drafting and stewardship considerations for fence-related issues.

Land Trust Standards and Practices, Practice 5B: Accountability to Donors, includes four elements. This 30-minute module covers the third element:

3. Maintain financial and other systems to document and comply with any donor restrictions on gifts

This is criteria for the operating of nonprofits from Thomas J. Raffa at Marcum LLP.