Policy 3.3.4 Islands Trust Conservancy Board Role in Partnership Acquisition Projects

Extracted text (beginning)

ISLANDS TRUST CONSERVANCY POLICY MANUAL 
 
ISLANDS TRUST CONSERVANCY 
BOARD POLICY 
 
 
 
 
Policy number: 3.3.4 
 
Title:  Islands Trust Conservancy Board Role in Partnership Acquisition Projects 
 
Approved By: Islands Trust Conservancy Board       
 
  Date:  March 15, 2001 Resolution #:  TFB 01/390 
 
PURPOSE 
To  clarify  the  role  of  the Islands  Trust  Conservancy in  partnership  acquisition  projects,  as 
established by the Board in January 2001.  
BACKGROUND 
The Islands  Trust  Act  establishes  the  Islands Trust  Conservancy to  acquire,  hold  and  manage 
land and received donations for the purpose of carrying out the object of the Islands Trust. 
The Islands Trust Conservancy believes that assisting other conservation groups working within 
the  Trust  Area  will  benefit  Islands  Trust  and  will  help  achieve  the  object  of  Islands  Trust.  
However,  the Islands Trust  Conservancy has  limited  staff  and  resources  and  the Islands  Trust 
Conservancy Board  has  determined  that  greater  clarity  and  certainty  must  be  provided  to 
potential  partner  groups  regarding  the  roles  the Islands Trust  Conservancy is able  to  play  in 
acquisitions projects. 
The Islands Trust Conservancy Board must consider and approve of conservation projects taken 
on  by  the Islands  Trust Conservancy.    This  is  done  through  consideration  of  conservation 
proposals for individual projects.  In the past 5 years there has been an increase in the number 
of groups requesting that Islands Trust Conservancy assist in raising funds to acquire significant 
properties within the Islands Trust Area. 

Page 2 of 3 
ISLANDS TRUST CONSERVANCY POLICY MANUAL 
Policy 
DETAILS: 
1. Generally,  the  Board  will  only  join  an  acquisition  partnership  project  if  a  local  group  exists 
and  is  willing  to  lead  the  fundraising  initiatives  for  a  project  or  if  a provincial  or  national 
protection agency or non-government organization is leading the project. 
2. Priority  for  joining  an  acquisition  partnership  project  will  be  given  to  projects  that  will 
protect regionally, provincially or nationally significant features and values. 
3. Land  donations  are  the  preferred  method  of  the  Board  to  acquire  significant  properties.  
The  Islands Trust  Conservancy will  put  forward  to  landowners  and/or  groups  discussing 
possible  partnership  acquisition  projects  the  opportunity  to  donate  the  land  and  receive a 
tax receipt for the fair market value of the property donation. 
4. Life  Estates  will  be  suggested  to  landowners  as  a  means  to  support  land  donations  to  the 
Board  or  other  conservancy  group  and  to  allow  continued  use  of  the  land  by  donating 
landowners. 
5. The Islands  Trust  Conservancy’s contributions to a partnership acquisition project will be 
limited to the following types of initiatives: 
(a) producing funding proposals to foundations and gover

First 3,000 characters. Open the original for the whole document.