Organizational Management

Land Trust Standards and Practices

The Land Trust Standards and Practices are guidelines for the responsible operation of a land trust, which is run legally, ethically and in the public interest and conducts a sound program of land transactions and stewardship.

Land Trusts and Conflict of Interest

It’s good business practice to have a written Conflict of Interest (COI) policy, especially for non-profits. Surprisingly, very few land trusts in our state have one in place. Most believe them to be unnecessary, stating that “we’ve never had any conflicts arise”. As the old saying goes “an ounce of prevention is worth a pound of cure”.

Responsibilities of the Land Trust Board and Director

Practice Note.  Land trust boards and their directors have a wide range of legal, ethical and organizational responsibilities.  In broad terms, the duties of the board and its directors are to oversee and approve organizational plans, budgets and financial reports, as well as implement land protection strategies and raise the funding necessary to support the organization. 

 

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