2018-10-09T16:09:25-05:00 2018-03-31 620713250 KRAFTCPAS PLLC 555 GREAT CIRCLE ROAD NASHVILLE TN 37228 990 2017-04-01 621770549 THE LAND TRUST FOR TENNESSEE INC LAND 6152445263 4000 FRANKLIN PIKE NASHVILLE TN 37204 ELIZABETH MCLAURIN PRESIDENT & CEO 6152445263 2018-10-04 1 KEN YOUNGSTEAD P00320901 6152427351 2018-10-04 2017 2022-09-23 18:48:47Z X ELIZABETH MCLAURIN 4000 FRANKLIN PIKE NASHVILLE TN 37204 3153069 0 X WWW.LANDTRUSTTN.ORG X 1999 TN TO PRESERVE THE UNIQUE CHARACTER OF TENNESSEE'S NATURAL AND HISTORIC LANDSCAPES AND SITES FOR FUTURE GENERATIONS. 19 19 21 40 0 0 3593516 2968996 0 0 54132 45601 50923 23181 3698571 3037778 0 0 0 0 1040726 1341761 0 0 138605 1690112 767809 2730838 2109570 967733 928208 17315278 18437854 73279 146878 17241999 18290976 X TO PRESERVE THE UNIQUE CHARACTER OF TENNESSEE'S NATURAL AND HISTORIC LANDSCAPES AND SITES FOR FUTURE GENERATIONS. 0 0 1816272 FOUNDED IN 1999, THE LAND TRUST FOR TENNESSEE PERMANENTLY PROTECTS LAND THROUGH A RANGE OF TOOLS, INCLUDING DONATED CONSERVATION EASEMENTS, PURCHASED CONSERVATION EASEMENTS, LAND DONATIONS, BARGAIN SALE ARRANGEMENTS, TRANSACTION FACILITATION AND LAND PURCHASES. THE LAND TRUST HOLDS CONSERVATION EASEMENTS ON PUBLIC AND PRIVATE LAND, INCLUDING FARMS, FORESTLAND AND URBAN OPEN SPACES; AND WE ARE THE ONLY STATEWIDE CONSERVATION ORGANIZATION WITH AN ACTIVE FARMLAND CONSERVATION PROGRAM. WE RAISE FUNDS - OFTEN TO THE TUNE OF TRIPLE OUR OPERATING BUDGET - THAT GO DIRECTLY INTO CONSERVATION PROJECTS, WHETHER FOR TRANSACTION ASSISTANCE OR FOR DIRECT ACQUISITION. WE FACILITATE ACQUISITIONS TO ADD LAND TO STATE NATURAL AREAS, STATE PARKS, STATE FORESTS, WILDLIFE PRESERVES AND MUNICIPAL PARKS. WE ASSIST MUNICIPALITIES AND INDIVIDUALS WITH PLANNING PROCESSES AND COALITION-BUILDING AROUND THOSE PROCESSES. WE ARE ACTIVELY ENGAGED IN COMMUNITY CONSERVATION, FOSTERING COMMUNITY AWARENESS ABOUT THE PUBLIC BENEFITS OF LANDSCAPE CONSERVATION THROUGH WORKSHOPS, SCHOOL PROGRAMS, FIELD TRIPS AND EVENTS ALL OVER THE STATE AND AT GLEN LEVEN FARM. AS OF MARCH 31, 2018, THE LAND TRUST FOR TENNESSEE HAS PERMANENTLY PROTECTED 122,609 ACRES OF LAND THROUGH 375 PROJECTS. IN FY18, THE LAND TRUST FOR TENNESSEE COMPLETED 26 PROJECTS TOTALING 4,257 ACRES IN 22 COUNTIES ACROSS THE STATE. THIS INCLUDES 1,800 ACRES OF PRIME AGRICULTURAL SOILS, 13 MILES OF RIVERS AND STREAMS, AND OVER 11 MILES OF PUBLIC ROAD FRONTAGE, ALL PROVIDING A SIGNIFICANT PUBLIC BENEFIT. PROTECTED LAND INCLUDE WORKING FARMS AND FORESTS, RECREATIONAL LAND (BOTH PRIVATE AND PUBLIC), SCENIC VIEWSHEDS, WILDLIFE HABITAT, LAND WITH ECOLOGICAL SIGNIFICANCE, AND LAND CONTAINING SIGNIFICANT WATER RESOURCES. THESE PROPERTIES WERE PROTECTED THROUGH DONATED CONSERVATION EASEMENTS, PURCHASED CONSERVATION EASEMENTS, FACILITATED TRANSACTIONS, AND DIRECT LAND ACQUISITIONS THROUGH DONATIONS AND BEQUESTS. TRANSACTIONS WERE COMPLETED IN PARTNERSHIP WITH PRIVATE LANDOWNERS, THE DEPARTMENT OF DEFENSE AT FT. CAMPBELL, USDA'S NATURAL RESOURCES CONSERVATION SERVICE, TENNESSEE DEPARTMENT OF ENVIRONMENT AND CONSERVATION ("TDEC") - STATE PARKS, THE CONSERVATION FUND, AND THE NON-PROFIT RIPPAVILLA INC. THE LAND TRUST ALSO SUCCESSFULLY MONITORED, MANAGED AND ENFORCED EXISTING CONSERVATION EASEMENTS AND PROPERTIES WITH THE HELP OF 18 TRAINED VOLUNTEERS. CONSERVATION HIGHLIGHTS FROM FY18:- DUCK RIVER WATERSHED CONSERVATION: THE DUCK RIVER IS ONE OF THE WORLD'S MOST BIOLOGICALLY DIVERSE RIVERS. OUR WORK TO CONSERVE LAND IN ITS WATERSHED CONTINUED IN 2017 WITH THREE PROJECTS, BRINGING OUR TOTAL TO 14,000 ACRES PROTECTED SINCE 1999.- PRIME SOILS IN ROBERTSON COUNTY: OUR EFFORTS TO PROTECT WORKING FARMS CONTINUED IN 2017, INCLUDING THE BRACY'S 465 ACRE WORKING FARM IN ROBERTSON COUNTY.- ADDITION TO STATE PARK: IN JUNE 2017, PARTNERS OF THE SHERWOOD FOREST ADDITION TO SOUTH CUMBERLAND STATE PARK RECEIVED A 2017 GOVERNOR'S ENVIRONMENTAL STEWARDSHIP AWARD FOR A MULTI-YEAR PARTNERSHIP PROTECTING MORE THAN 4,000 ACRES.- NEW CLIMBING DESTINATION OPEN: WE CELEBRATED THE OPENING OF DENNY COVE, A 685-ACRE CLIMBING DESTINATION IN MARION COUNTY FOLLOWING A MULTI-YEAR, MULTI-PARTNER CONSERVATION EFFORT. - URBAN GARDEN: WE WORKED WITH A PRIVATE LANDOWNER TO CONSERVE A GARDEN THAT DATES BACK TO 1923 IN AN HISTORIC DISTRICT OF FRANKLIN. - WE WORKED WITH A PRIVATE LANDOWNER TO CONSERVE HER FAMILY'S CENTURY FARM IN RUTHERFORD COUNTY WHERE HER FAMILY HAS RAISED HEREFORD CATTLE SINCE 1917.- THE LAND TRUST AND RIPPAVILLA CONSERVED A PIECE OF CIVIL WAR HISTORY IN MAURY COUNTY. THE CITY OF SPRING HILL HAS PLANS FOR THE LAND TO BECOME A PUBLIC PARK.- OUR WORK TO CONSERVE LAND IMPORTANT TO TENNESSEE'S WATERSHEDS CONTINUED AS WE PROTECTED TWO WORKING FARMS IN KENTUCKY TOUCHING THE STATE LINE.- WE CELEBRATED THE DEDICATION OF SHERWOOD FOREST TO SOUTH CUMBERLAND STATE PARK IN OCTOBER WITH OUR PARTNERS FROM THE STATE AND FELLOW CONSERVATION GROUPS.- OUR WORK TO PROTECT LAND IN WEST TENNESSEE CONTINUED IN 2017, INCLUDING OUR FIRST PROJECT IN HENRY COUNTY WITH THE STOUFFER FAMILY.- AFTER A MULTI-YEAR EFFORT WITH LANDOWNERS AND THE STATE OF TENNESSEE, WE CELEBRATED THE OPENING OF WINDOW CLIFFS STATE NATURAL AREA IN PUTNAM COUNTY IN APRIL 2017. - WE CONSERVED NEARLY 100 ACRES OF FORESTLAND IN BRENTWOOD, INCLUDING THE HIGHEST POINT IN THE CITY, BY WORKING WITH A DEVELOPER TO BALANCE CONSERVATION AND COMMUNITY GROWTH IN ONE OF THE FASTEST GROWING AREAS IN OUR STATE.THE LAND TRUST FOR TENNESSEE'S GLEN LEVEN FARM - LOCATED JUST FOUR MILES FROM THE CENTER OF DOWNTOWN NASHVILLE - IS TRULY THE "FRONT DOOR" OF THE ORGANIZATION. ALL OF OUR ACTIVITIES AND EVENTS ON SITE ARE TO RAISE THE VISIBILITY OF THE LAND TRUST AND THE IMPORTANCE OF LAND CONSERVATION. GLEN LEVEN FARM CONTINUED TO GROW AS A CENTER FOR CONSERVATION EDUCATION. FIVE SCHOOL GROUPS - INCLUDING PRIVATE, TITLE I AND NON-TITLE I SCHOOLS - PARTICIPATED IN THE ORGANIZATION'S FALL OUTDOOR-BASED FIELD TRIP PROGRAM, "NATURE'S CLASSROOM". ALL PROGRAMS ARE DESIGNED TO MEET TENNESSEE STATE CURRICULUM STANDARDS, AND STAFF WORKED WITH EDUCATORS ONE-ON-ONE TO CREATE UNIQUE PROGRAMS TO MEET THE NEEDS OF EACH GROUP. IN ADDITION, LAND TRUST STAFF CONDUCTED NUMEROUS TOURS OF THE PROPERTY FOR ADULTS AND DEVELOPED PARTNERSHIPS WITH SECONDARY SCHOOLS AND UNIVERSITIES. COMMUNITY OUTREACH ALSO INCLUDED MISSION-RELATED PUBLIC PROGRAMS AND EVENTS, INCLUDING ONCE IN A BLUE MOON, THE ORGANIZATION'S LARGEST FUNDRAISING EVENT. ADDITIONALLY, THE FARM WAS THE SETTING FOR TWO OPEN DAYS IN WHICH THE COMMUNITY WAS INVITED TO VISIT GLEN LEVEN FARM FREE OF CHARGE. AT THESE PROGRAMS, WHICH ARE ATTENDED BY SEVERAL HUNDRED GUESTS, LAND TRUST STAFF AND VOLUNTEERS SHOWCASED THE AGRICULTURAL ELEMENTS OF THE PROPERTY, INCLUDING: OUR PARTNERSHIP WITH THE HERMITAGE HOTEL AND THEIR HEIRLOOM GARDEN PROJECT; OUR CATTLE OPERATION; AND OUR TWO MINIATURE DONKEYS. THE HONEY BEE SANCTUARY WAS ALSO HIGHLIGHTED DURING OUR SECOND ANNUAL NATIONAL HONEY BEE DAY CELEBRATION, WHERE GUESTS TOURED THE GLEN LEVEN HONEY BEE SANCTUARY, TASTED HONEY SAMPLES AND LISTENED TO EDUCATIONAL TALKS ABOUT HONEY BEES, BEEKEEPING AND POLLINATOR PLANTINGS BY THE NASHVILLE AREA BEEKEEPERS ASSOCIATION. THE EVENT SHOWCASED THE BEE SANCTUARY AS BOTH AN EDUCATIONAL AND ENVIRONMENTAL ASSET TO THE COMMUNITY. IN THE WINTER OF 2018, RENOVATIONS TO THE INTERIOR OF THE HOME WERE COMPLETED IN ANTICIPATION OF OUR OFFICE MOVE TO GLEN LEVEN FARM IN EARLY FY19.THROUGHOUT FY18, THE LAND TRUST PARTICIPATED IN OVER 35 PUBLIC EVENTS, REACHING OVER 1,700 LANDOWNERS, COMMUNITY MEMBERS, ADVISORS AND LOCAL OFFICIALS. THIS INCLUDED SPEAKING ENGAGEMENTS, BOOTH DISPLAYS, FIELD DAYS, FESTIVALS AND CONFERENCES. WE ALSO PROVIDED INDIVIDUALIZED CONSERVATION INFORMATION TO HUNDREDS OF LANDOWNERS INTERESTED IN LEARNING ABOUT CONSERVATION OPTIONS THROUGH ONE-ON-ONE CONVERSATIONS AND ON-SITE MEETINGS. THIS HAS RESULTED IN A PIPELINE OF OVER 40 ACTIVE PROJECTS FOR FY19. THE WORK OF THE LAND TRUST WOULD NOT BE POSSIBLE WITHOUT COLLABORATIONS WITH OTHER CONSERVATION ORGANIZATIONS AND GOVERNMENT AGENCIES. NON-GOVERNMENTAL ORGANIZATION PARTNERS INCLUDE: THE CONSERVATION FUND, OPEN SPACE INSTITUTE, THE NATURE CONSERVANCY - TN CHAPTER, ACCESS FUND, THE SOUTHEAST CLIMBER'S COALITION, THE MOUNTAIN GOAT TRAIL ALLIANCE, FRIENDS OF RADNOR LAKE, FRIENDS OF THE SOUTH CUMBERLAND STATE PARK, NORTH CHICKAMAUGA CREEK CONSERVANCY, WEST MEADE CONSERVANCY, CUMBERLAND RIVER COMPACT, CUMBERLAND REGION TOMORROW, THE HERITAGE FOUNDATION OF FRANKLIN AND WILLIAMSON COUNTY, TENNESSEE PRESERVATION TRUST, RIPPAVILLA INC., AND FARMLAND LEGACY PARTNERSHIP. GOVERNMENT PARTNERS INCLUDE: METRO NASHVILLE-DAVIDSON COUNTY, TENNESSEE WILDLIFE RESOURCES AGENCY, TENNESSEE DEPARTMENT OF ENVIRONMENT AND CONSERVATION, TENNESSEE DEPARTMENT OF AGRICULTURE, TENNESSEE HISTORICAL COMMISSION, CITY OF FRANKLIN, CITY OF KNOXVILLE, SHELBY COUNTY, TOWN OF SIGNAL MOUNTAIN, CITY OF SPRING HILL, THE NATIONAL PARK SERVICE AT THE NATCHEZ TRACE PARKWAY, USDA'S NATURAL RESOURCES CONSERVATION SERVICE, AND THE DEPARTMENT OF DEFENSE AT FT. CAMPBELL. 1816272 1 1 0 1 0 0 1 0 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 46 0 1 21 1 0 0 0 0 0 1 1 0 0 0 0 X 19 19 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 TN KY X X ELIZABETH MCLAURIN 6152445263 4000 FRANKLIN PIKE NASHVILLE TN 37204 GREG VITAL DIRECTOR 1.00 X 0 0 0 JOE HODGSON DIRECTOR 1.00 X 0 0 0 JEFF LIPSCOMB DIRECTOR 1.00 X 0 0 0 KATE SHERRARD CHINN DIRECTOR 1.00 X 0 0 0 ROSEMARY MCLLHENNY DIRECTOR 1.00 X 0 0 0 CHUCK ELCAN DIRECTOR 1.00 X 0 0 0 KELLY GILL DIRECTOR 1.00 X 0 0 0 LYNN LASSITER KENDRICK DIRECTOR 1.00 X 0 0 0 MARTIN BROWN JR SECRETARY 2.00 X X 0 0 0 KIMBERLY KAEGI DIRECTOR 1.00 X 0 0 0 MARK MANNER BOARD CHAIR 2.00 X X 0 0 0 VICKI PIERCE TURNER DIRECTOR 1.00 X 0 0 0 BRIAN TIBBS DIRECTOR 1.00 X 0 0 0 SAM BELK TREASURER 2.00 X X 0 0 0 DOUG CRUICKSHANKS DIRECTOR 1.00 X 0 0 0 GENTRY BARDEN DIRECTOR 1.00 X 0 0 0 ROBERT BRANDT DIRECTOR 1.00 X 0 0 0 DOUG CAMERON DIRECTOR 1.00 X 0 0 0 DAVID DARST DIRECTOR 1.00 X 0 0 0 ELIZABETH MCLAURIN PRESIDENT/CEO 40.00 X 148474 0 14606 ALYSIA MERCER DIRECTOR OF FINANCE 40.00 X 90954 0 12125 EMILY PARISH VICE PRESIDENT OF CONSERVA 40.00 X 118278 0 19724 357706 0 46455 3 0 1 0 MERRILL CONSTRUCTION GROUP 4535 HARDING RD SUITE 207 NASHVILLE TN 37205 CONSTRUCTION 159304 UNITED HEALTHCARE 10 CADILLAC DR BRENTWOOD TN 37027 INSURANCE 145778 CUMMINS STATION LLC 2019 10TH AVE S NASHVILLE TN 37203 OFFICE SPACE RENTAL 127737 3 142791 2826205 43414 2968996 45601 45601 150 0 150 150 150 138322 142791 115291 23031 23031 3037778 150 0 68632 411911 303810 97635 10466 789120 718112 71008 6663 5967 696 54656 49333 5323 79411 71569 7842 10706 8185 1659 862 18327 14927 2238 1162 23059 19041 2645 1373 7186 6720 307 159 37070 30952 4026 2092 156535 125228 20609 10698 40595 36729 2005 1861 58707 52933 5774 59624 53949 3736 1939 EASEMENT & LAND ACQUISI 113322 113322 TRANSACTION ASSISTANCE 103488 103488 TELEPHONE & UTILITIES 33465 28734 3114 1617 COMPUTER EXPENSE 29053 24642 2904 1507 76672 48631 8041 20000 2109570 1816272 154693 138605 6520318 3420358 416337 362299 50936 9243 42445 42172 7819627 294527 6967857 7525100 3315360 7076932 2025 1750 17315278 18437854 71254 145128 2025 1750 73279 146878 X 7761679 8345731 9480320 9945245 17241999 18290976 17315278 18437854 928208 120769 0 X X 0 1 X 1 0 X 3492363 3063149 3388124 3593516 2968997 16506149 3492363 3063149 3388124 3593516 2968997 16506149 1952193 14553956 54676 67529 63899 55584 45751 287439 16793588 1422334 0.86660 0.87000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1 0 0 0 0 1 500 0 0 500 0 PART II-B, LINE 1: TO PROMOTE THE ENHANCED TAX INCENTIVES AND OTHER FUNDING MECHANISMS FOR CONSERVATION INITIATIVES RELATED TO OUR MISSION. X X X X 339 91663.00 4 2 1 2400.00 169121 0 2568066 105359 13900 2659525 2420240 161690 13864 2568066 2511448 -75014 16194 2420240 2402018 127002 17572 2511448 2238216 8512 159874 4584 2402018 1.00000 0 0 4314771 4314771 3359784 210008 3149776 145072 84519 60553 7525100 INVESTMENTS WITH DONOR RESTRICTIONS 3672299 F INVESTMENTS WITH BOARD DESIGNATIONS 3404633 F 7076932 FUNDS HELD ON BEHALF OF OTHERS 1750 1750 X 3255402 120769 44881 -63317 102333 3153069 -115291 -115291 3037778 2206425 44881 51974 96855 2109570 0 2109570 PART II, LINE 5: EASEMENT MONITORING: THE LAND TRUST FOR TENNESSEE IS AN ACCREDITED LAND TRUST. ACCREDITATION RECOGNIZES AN ORGANIZATION'S COMMITMENT TO EXCELLENCE AND CONTINUAL LEARNING AND IMPROVEMENT. MONITORING IS THE REGULAR AND SYSTEMATIC GATHERING OF INFORMATION ABOUT A CONSERVED PROPERTY TO DETECT CHANGES AND TO ENSURE THAT THE PROPERTY IS BEING USED IN ACCORDANCE WITH THE RESTRICTIONS PLACED ON IT AND/OR MANAGEMENT PLAN. EACH PROPERTY, WHETHER PROTECTED BY A CONSERVATION EASEMENT OR OWNED BY LTTN (THE LAND TRUST FOR TENNESSEE), WILL BE MONITORED AT LEAST ONCE ANNUALLY IN A MANNER APPROPRIATE TO THE SIZE AND RESTRICTIONS OF THE PROPERTY. MONITORS MAY INCLUDE LTTN STAFF, BOARD OR COMMITTEE MEMBERS, TRAINED VOLUNTEERS AND RELEVANT PROFESSIONALS. THE MONITOR FOLLOWS THE FOLLOWING BASIC STEPS FOR THE MONITORING VISIT: 1.CONTACT THE LANDOWNER TO INFORM HIM/HER OF THE VISIT AND TO INVITE THEM TO ACCOMPANY THE MONITOR. 2.PRIOR TO THE VISIT, REVIEW THE BASELINE DOCUMENTATION REPORT, PAST MONITORING REPORTS AND THE CONSERVATION EASEMENT OR THE MANAGEMENT PLAN, WHICHEVER IS APPLICABLE, VIA FILE OR DATABASE. 3.BRING CONSERVATION EASEMENT SUMMARY ON THE SITE VISIT TO USE AS A REFERENCE. 4.IF MONITOR IS A VOLUNTEER, COMPLETE THE STEWARDSHIP MONITOR RELEASE FORM IF NOT COMPLETED AT VOLUNTEER TRAINING. 5.INSPECT THE CONSERVED PROPERTY, EITHER FROM THE AIR OR ON THE GROUND. WHILE INSPECTING, TAKE NOTES AND PHOTOGRAPHS. 6.FILL OUT A STEWARDSHIP SITE VISIT MONITORING FORM PROVIDING A WRITTEN DOCUMENTATION OF WHAT WAS SEEN AND SUBMIT TO STEWARDSHIP DIRECTOR. IF THERE IS A SUSPECTED VIOLATION OF THE CONSERVATION EASEMENT, THEN THE FOLLOWING ENFORCEMENT OF EASEMENTS PROCEDURES ARE FOLLOWED. ENFORCEMENT OF EASEMENTS: LTTN IS COMMITTED TO PROTECTING THE CONSERVATION VALUES AND PURPOSES EMBODIED IN ITS CONSERVATION EASEMENTS. AS A GENERAL RULE,THE BOARD OF DIRECTORS OF LTTN WILL ENFORCE THE TERMS OF ITS CONSERVATION EASEMENTS AND, CONSISTENT WITH SUCH TERMS, SEEK TO REMEDY VIOLATIONS THEREOF IN ORDER TO, AMONG OTHER THINGS, PROTECT THE CONSERVATION VALUES OF THE LAND, MAINTAIN PUBLIC CONFIDENCE IN LTTN'S MISSION, SUPPORT LTTN'S LEGAL AUTHORITY TO ENFORCE THE TERMS OF OTHER CONSERVATION EASEMENTS, AND MAINTAIN LTTN'S TAX-EXEMPT STATUS AS A CHARITABLE ORGANIZATION. IN CONNECTION WITH A STEWARD'S MONITORING OF A CONSERVATION EASEMENT, ANY SUSPECTED VIOLATION OF THE TERMS OF A CONSERVATION EASEMENT IS TO BE RECORDED ON THE FORM AND IMMEDIATELY REPORTED TO THE STEWARDSHIP DIRECTOR. VIOLATIONS MAY ALSO BE REPORTED BY A STAFF OBSERVATION OUTSIDE THE ANNUAL MONITORING VISITS OR BY AN UNRELATED THIRD PARTY, SUCH AS A NEIGHBOR, LOCAL GOVERNMENT AGENCY, OR OTHER COMMUNITY ORGANIZATION. 1.SUSPECTED VIOLATIONS, INCLUDING A DETAILED DESCRIPTION THEREOF, ARE RECORDED BY THE MONITORING STEWARD OR LTTN STAFF MEMBER RECEIVING NOTICE THEREOF. THE STEWARD OR STAFF MEMBER IS, TO THE EXTENT POSSIBLE, TO DISCERN AND DOCUMENT WHETHER THE SUSPECTED VIOLATION HAS BEEN CAUSED BY THE LANDOWNER OR SOME OTHER PERSON. THE MONITORING STEWARD WILL REFRAIN FROM DISCUSSING THE SUSPECTED VIOLATION WITH THE LANDOWNER. 2.THE MONITORING STEWARD OR STAFF PERSON WILL IMMEDIATELY REPORT THE SUSPECTED VIOLATION TO THE STEWARDSHIP DIRECTOR, WHO, IN TURN, WILL IMMEDIATELY INFORM THE VICE PRESIDENT OF CONSERVATION AND OTHER APPROPRIATE MEMBERS OF LTTN STAFF. 3.THE STEWARDSHIP DIRECTOR OR DESIGNATED STAFF MEMBER THEN CONSULTS THE ORIGINAL TERMS OF THE CONSERVATION EASEMENT AND EVALUATES THE DOCUMENTATION REGARDING THE SUSPECTED VIOLATION. IN THE CASE OF A NON-STEWARD OBSERVER, THE STEWARDSHIP DIRECTOR WILL SCHEDULE A MONITORING VISIT WITH THE LANDOWNER TO INSPECT THE SITE OF THE SUSPECTED VIOLATION AND TAKE PHOTOGRAPHS. THIS PHYSICAL INSPECTION WILL BE PERFORMED BY THE STEWARDSHIP MANAGER, DIRECTOR OF STEWARDSHIP, VP OF CONSERVATION, A BOARD MEMBER, OR ANY COMBINATION THEREOF. 4.ALL DOCUMENTATION OF THE SUSPECTED VIOLATION (INCLUDING PHOTOGRAPHS, IF ANY) WILL BE RECORDED IN LTTN'S STEWARDSHIP FILES RELATING TO THE AFFECTED CONSERVATION EASEMENT. 5.UNLESS IT IS CLEAR THAT NO VIOLATION OF THE CONSERVATION EASEMENT HAS OCCURRED, THE STEWARDSHIP DIRECTOR WILL THEN DISCUSS POTENTIAL RESOLUTIONS WITH OTHER STAFF MEMBERS. IN ADDITION, THE LAND PROTECTION STAFF MAY DISCUSS POTENTIAL RESOLUTIONS WITH THE STEWARDSHIP OR LAND PROTECTION COMMITTEE, LTTN'S ATTORNEY, AND THE BOARD OF DIRECTORS WHEN APPROPRIATE. 6.THE STEWARDSHIP DIRECTOR WILL CONTACT THE LANDOWNER BY TELEPHONE TO EXPLAIN THE PROBLEM AND REQUEST A CORRECTION, REPLACEMENT AND/OR CESSATION OF ACTIVITY. THE LANDOWNER WILL BE GIVEN AN APPROPRIATE DEADLINE FOR COMPLIANCE AND NOTIFIED THAT A LETTER SUMMARIZING THE CONVERSATION WILL BE SENT IMMEDIATELY. 7.A FOLLOW-UP LETTER WILL BE SENT TO THE LANDOWNER REITERATING ORAL EXPLANATIONS, REQUESTS AND THE COMPLIANCE DEADLINE. ALL CORRESPONDENCE RELATED TO A SUSPECTED VIOLATION WILL BE SENT CERTIFIED MAIL, RETURN RECEIPT REQUESTED WITH A COPY SENT TO LTTN'S ATTORNEY. 8.ON THE DAY OF THE COMPLIANCE DEADLINE, THE SITE OF THE VIOLATION WILL BE INSPECTED FOR COMPLIANCE BY THE DIRECTOR OF STEWARDSHIP OR VP OF CONSERVATION. IF THE VIOLATION HAS BEEN CORRECTED, THEN LTTN WILL SEND AN OFFICIAL LETTER TO THE LANDOWNER STATING THAT THE COMPLIANCE IS RECOGNIZED AND THANKING THEM FOR THEIR COOPERATION. IF THE VIOLATION HAS NOT BEEN RECTIFIED, THEN A SECOND LETTER WILL BE SENT TO THE LANDOWNER RESTATING THE REQUIRED CORRECTION AND ESTABLISHING A NEW COMPLIANCE DEADLINE DATE. LTTN'S ATTORNEY WILL BE COPIED ON THIS LETTER AS WELL. 9.ON THE SECOND DEADLINE DATE, THE DIRECTOR OF STEWARDSHIP OR VP OF CONSERVATION WILL RE-INSPECT THE SITE OF THE VIOLATION. IF COMPLIANCE IS ACHIEVED THEN LTTN WILL SEND THE OFFICIAL LETTER TO THE LANDOWNER STATING THAT THE COMPLIANCE IS RECOGNIZED AND THANKING THEM FOR THEIR COOPERATION. IF ON THE SECOND DEADLINE, THE LANDOWNER REMAINS NON-COMPLIANT, THEN LTTN'S LEGAL COUNSEL, BOARD OF DIRECTORS, AND THE STEWARDSHIP OR LAND PROTECTION COMMITTEE WILL BE CONTACTED TO DISCUSS POTENTIAL LEGAL ACTION. 10.WITH THE ADVICE OF LTTN'S LEGAL COUNSEL, BOARD OF DIRECTORS AND APPROVAL BY THE STEWARDSHIP OR LAND PROTECTION COMMITTEE, LTTN WILL CONSIDER ENFORCEMENT OF THE EASEMENT THROUGH MEDIATION, ARBITRATION, LITIGATION, OR OTHER MEANS CONSISTENT WITH THE TERMS OF THE CONSERVATION EASEMENT. 11.UNLESS OTHERWISE SPECIFIED BY THE BOARD OF DIRECTORS, LTTN'S PRESIDENT AND CEO OR VP OF CONSERVATION WILL ACT AS SPOKESPERSON WITH RESPECT TO THE VIOLATION WHEN AND IF THE MEDIA IS INVOLVED. THE FOREGOING NOTWITHSTANDING, ANY DETERMINATION REGARDING WHETHER AND HOW TO ENFORCE A CONSERVATION EASEMENT IS WITHIN THE DISCRETION OF LTTN'S BOARD OF DIRECTORS, WHICH DISCRETION WILL BE EXERCISED ON A CASE-BY-CASE BASIS. PART II, LINE 9: THE LAND TRUST FOR TENNESSEE VALUES EASEMENTS AT ZERO. A CONSERVATION EASEMENT PROVIDES THE LAND TRUST WITH NO AFFIRMATIVE RIGHTS EXCEPT TO MONITOR AND ENFORCE THE EASEMENT. FINANCIAL STATEMENT FOOTNOTE: CONSERVATION EASEMENTS HELD BY THE ORGANIZATION ARE NOT RECOGNIZED AS ASSETS IN THE ACCOMPANYING FINANCIAL STATEMENTS. ASSETS ARE DEFINED AS PROBABLE FUTURE ECONOMIC BENEFITS OBTAINED OR CONTROLLED BY AN ENTITY; THE ORGANIZATION DOES NOT BELIEVE THAT THE EASEMENTS MEET THE DEFINITION CRITERIA. THE COST OF OBTAINING CONSERVATION EASEMENTS IS EXPENSED WHEN THE EASEMENT IS ACQUIRED. PART V, LINE 4: THE BOARD-DESIGNATED ENDOWMENT FUND ("ASHBY FUND") CONSISTS OF FUNDS THAT WERE TRANSFERRED TO THE ENDOWMENT BY THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS ANTICIPATES THESE FUNDS WILL REMAIN IN THE ENDOWMENT IN PERPETUITY, BUT MAY WITHDRAW THEM FOR OTHER USES. PART X, LINE 2: MANAGEMENT PERFORMS AN EVALUATION OF ALL INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE COURSE OF PREPARING THE LAND TRUST'S INCOME TAX RETURNS TO DETERMINE WHETHER THE INCOME TAX POSITIONS MEET A "MORE LIKELY THAN NOT" STANDARD OF BEING SUSTAINED UNDER EXAMINATION BY THE APPLICABLE TAXING AUTHORITIES. MANAGEMENT HAS PERFORMED ITS EVALUATION OF ALL INCOME TAX POSITIONS TAKEN ON ALL OPEN INCOME TAX RETURNS AND HAS DETERMINED THAT THERE WERE NO POSITIONS TAKEN THAT DO NOT MEET THE "MORE LIKELY THAN NOT" STANDARD. ACCORDINGLY, THERE ARE NO PROVISIONS FOR INCOME TAXES, PENALTIES OR INTEREST RECEIVABLE OR PAYABLE RELATING TO UNCERTAIN INCOME TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT DONOR BENEFITS -63,317. PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES -115,291. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 115,291. DIRECT BENEFIT TO DONORS -63,317. ONCE IN A BLUE MOON 265600 142791 122809 52583 28340 2750 26799 EAT GREEN 15513 15513 12 4735 0 281113 142791 138322 52583 28352 2750 31534 115219 23103 X 0 0 0 0 0 0 0 0 0 ELIZABETH MCLAURIN PRESIDENT/CEO 148474 0 0 0 0 0 14606 0 0 0 163080 0 0 0 X 1 446244 FAIR MARKET VALUE 0 1 0 PART I, COLUMN (B): PART 1 COLUMN (B)-THE NUMBER OF CONTRIBUTIONS IS REPORTED IN THIS COLUMN. FORM 990, PART VI, SECTION B, LINE 11B UPON RECEIPT OF THE FINAL FORM 990 IN ITS ENTIRETY FROM OUR TAX PREPARER, THE FORM 990 IS UPLOADED TO OUR WEBSITE ON A PASSWORD ENCRYPTED WEBPAGE AND CORRESPONDENCE IS SENT TO THE ENTIRE BOARD ABOUT ITS AVAILABILITY FOR THEIR REVIEW. TEN DAYS AFTER FORM 990'S AVAILABILITY FOR BOARD MEMBER REVIEW, THE RETURN IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C STAFF, BOARD MEMBERS AND VOLUNTEERS FILL OUT A FORM DISCLOSING ANY OF THEIR RELATED PARTIES OR POTENTIAL CONFLICTS OF INTEREST AND THAT THEY HAVE A CLEAR UNDERSTANDING OF THE ORGANIZATION'S CONFLICT OF INTEREST POLICY. EACH STAFF MEMBER, BOARD MEMBER AND VOLUNTEER IS EXPECTED TO DISCLOSE EITHER TO THE BOARD CHAIRMAN OR PRESIDENT & CEO ANY EXISTENCE OF ANY POTENTIAL CONFLICT OF INTEREST, TO ABSTAIN FROM PARTICIPATION IN ANY OF THE LAND TRUST'S DISCUSSIONS, TO ABSTAIN FROM WORKING ON THE TRANSACTION AND FROM VOTING ON THE TRANSACTION OR PROJECT GIVING RISE TO SUCH CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 ON AN ANNUAL BASIS, OUR PROCESS IS FOR EMPLOYEES TO BE FORMALLY REVIEWED AFTER THE END OF EACH FISCAL YEAR BY THEIR SUPERVISOR. THE PRESIDENT & CEO'S COMPENSATION IS REVIEWED ANNUALLY BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. THE REVIEW USES THE LATEST SALARY AND BENEFIT INFORMATION SURVEY CONDUCTED BY THE INDUSTRY, THE LAND TRUST ALLIANCE. ANY FURTHER INFORMATION IS PROVIDED TO THE EXECUTIVE COMMITTEE AS REQUESTED. FORM 990, PART VI, SECTION C, LINE 19 OUR GOVERNING DOCUMENT IS REFERRED TO AS OUR STANDARDS AND PRACTICES WHICH CONTAINS ALL OF OUR GOVERNING DOCUMENTS INCLUDING THE CONFLICT OF INTEREST POLICY. THIS DOCUMENT ALONG WITH OUR FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. IN ADDITION WE ARE MEMBERS OF THE COMMUNITY FOUNDATION OF MIDDLE TENNESSEE'S GIVING MATTERS WHERE OUR ONLINE PROFILE IS AVAILABLE TO ANYONE. IT INCLUDES DETAILED INFORMATION ABOUT OUR ORGANIZATION INCLUDING A LIST OF OUR BOARD MEMBERS AND OUR FINANCIAL INFORMATION. FORM 990, PART XII, LINE 2 THE ORGANIZATION'S OVERSIGHT PROCESS AND SELECTION PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.