It's Forever: Determining Stewardship Costs Correctly
Instructor: Angela Sturdevant, Joanna Woodruff, Lorri Barrett
We all know that costs associated with long-term stewardship are inherently difficult to predict and often underestimated. To help tackle this problem, The Nature Conservancy convened national experts to develop a calculator that estimates stewardship costs and the amount that should be set aside to provide a secure source of future funding. In addition to regular stewardship expenses, land trusts also need to be prepared to defend land and easements from legal challenges, so the Land Trust Alliance developed a legal defense reserves calculator for this. In this webinar, participants will learn what they need to plan for in terms of stewardship and defense and how to calculate those costs using these new tools. Presenters will also discuss practical lessons learned through the Central Indiana Land Trust’s experience using the stewardship calculator on their new 300-acre Glacier’s End preserve.
Access to this recording will expire on June 30, 2018, and is subject to availability of the AdobeConnect service.