Practice 6A: Fiscal Health

Land Trust Standards and Practices, Practice 6A. Fiscal Health, includes five elements. This module addresses Practice 6A4: Build and maintain sufficient operating reserves to sustain operations.

This guidance covers Practice Element 6A1: Develop an annual budget that reflects the land trust’s annual programs and activities.

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.

This guidance covers Practice Element 6A4: Build and maintain sufficient operating reserves to sustain operations.

An overview of the importance of having a clear policy and procedures for establishing and managing dedicated or permanently-restricted funds.

This guidance covers Practice Element 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.

This is a sample spending policy for endowment and stewardship funds from the accredited Leelanau Conservancy.