Connecticut Land Conservation Conference

The land trust community reviewed and updated the Land Trust Standards & Practices in 2017, providing comprehensive guidance for current best business practices in nonprofit land conservation work. The changes included strengthened practices related to financial management, with an increased focus on the role of the board in ensuring financial sustainability and the organization’s ongoing ability to pursue its mission and goals. This workshop will examine the role of the board and best practices relating to financial management, including delegation of financial responsibilities, internal controls, budgeting and periodic reporting, and the annual review and tax return. Participants will examine model approaches and templates used by different land trusts, evaluate their current business practices, and identify opportunities for improvement within their own organizations.