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September 2013

Land Trust of Virginia

Conservation News Help Support LTV to Meet Its Goal of Raising $80,000 article written by

Don Owen, LTV Executive Director

The Land Trust of Virginia (LTV) needs your end-of-theyear support! LTV kicked off its critically important Challenge Campaign in early September. LTV’s Board, Advisory Council, and several major supporters have already donated or pledged a total of $30,000, in hopes of raising $80,000 by the end of 2013. Now, we need you to help meet this challenge. Why is the Challenge so important? In announcing the Challenge, LTV Chairman Birge Watkins emphasized that LTV’s success is a direct result of its ability to operate on a sustainable basis, which it has done now for the past six years. LTV continues to put more properties with significant conservation values under easement and carefully monitor every property in its portfolio. LTV’s operating fund is sustained year-to-year by contributions from its members

and friends. “We are operating at a very efficient level,” said Watkins. “We expect to save more than 1,000 acres this year, which would make 2013 one of our best years ever. We are also setting the stage for 2014, which promises to be another productive year.” In addition to taking on a full slate of easements, LTV has continued to expand its outreach efforts, and is working on a variety of projects with rural communities and local conservation organizations. LTV will host workshops and events in Lincoln, Bluemont, Warrenton, Waterford, Hume, and Lincoln this year. To make a contribution: Mail your check to the Land Trust of Virginia, P.O. Box 14, Middleburg, Virginia 20118, call 540-687-8441, email us at info@landtrustva.org, or go to our website: www.landtrustva.org.

Your Contribution to LTV is a Gift That Lasts Forever A Message From Birge Watkins, LTV Chairman; Steffanie Burgevin, LTV President; and Chris Dematatis, LTV Vice President: Thanks once again, from all of us to all of you who have been consistently supporting LTV. With your help, we can continue to protect our rural landscapes. Every dollar you donate will be well spent on conserving and stewarding Virginia’s most important heritage – the land we live on. Together, we are keeping this land a beautiful place to live. Please give all you can.

Save the Date and Come Join Us for the 2013 LTV Annual Meeting Please come join us for the Land Trust of Virginia’s Annual Meeting, which will be held on Wednesday, November 13th, 2013, from 6:00 to 7:00 p.m. at the Carriage House at Oatlands, 20850 Oatlands Plantation Lane, Leesburg, VA 20175. Our format this year will be a little more informal and a lot more fun! We’ll start with a social, and keep the business portion of the meeting to an absolute minimum. We look forward to seeing you at Oatlands on November 13th! Visit us on t h e we b : w w w. l a n d tr u s tv a . o r g


Conservation News

2012 Land Trust of Virginia Annual Report Once again, LTV had a strong, successful year, saving nearly 600 acres of land in Loudoun, Fauquier, and Rappahannock counties. In addition, LTV conducted monitoring visits to every property in our portfolio (for the sixth year in a row); balanced its budget (for the sixth year in a row); and increased its stewardship fund (again, for the sixth year in a row). LTV now holds three times as many easements (125), on three times as much acreage (12,500 acres), as it did just seven years ago. This success simply wouldn’t be possible without the continued support of its many donors, volunteers, and landowners. Thank you, from the Board and staff of LTV!

Financial Statement of Activities

Statement of Financial Position

For the year ending December 31, 2012 Support and Revenue

December 31, 2012

Assets

Contributions� � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � $156,240 Grants � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � 18,500 Stewardship� � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � 114,435 Easement Processing and Baseline Fees � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � 33,450 Membership Dues � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � 17,500 Investment Earnings � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � 36,541 Special Events (net of expenses of $18,941) � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � 28,763 Unrealized investment gains � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � 62,411 Realized investment losses � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � (1,058) Total support and revenue � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � $466,482

Expenses Program services Easement operations� � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � $171,037 Stewardship � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � 54,796 Public Education and Outreach � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � 42,401 Supporting services Management and general � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � 18,873 Fundraising � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � 12,830 Total expenses � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � $299,937

Change in Net Assets � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � $166,545 Unrestricted net assets, December 31, 2011 � � � � � � � � � � � � � � � � � � $1,429,964 Unrestricted net assets, December 31, 2012 � � � � � � � � � � � � � � � � � � $1,596,509

Current Assets Cash and cash equivalents � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � $223,736 Investment securities � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � 1,103,664 Accounts receivable � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � 0 Grants receivable � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � 0 Pledged stewardship receivable � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � 236,750 Prepaid assets� � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � 1,820 Total current assets � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � $1,565,970 Pledged stewardship receivable (net of discount of $10,052 in 2012 and $16,987 in 2011) � � � � � $42,698 Office furniture and equipment, less accumulated depreciation of $8,971 in 2012 and $7,680 in 2011 � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � 1,639 Total assets � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � $1,610,307

Liability and Net Assets

Current liabilities Accounts and payroll taxes payable � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � $7,313 Accrued wages payable� � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � 6,485 Total current liabilities � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � $13,798 Unrestricted net assets Designated by the Board for Stewardship Fund � � � � � � � � � � � � � � � � � � $1,371,540 Deborah Fitts Stewardship Fund � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � 88,958 Undesignated� � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � 136,011 Restricted net assets � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � 0 Total unrestricted net assets� � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � $1,596,509 Total liabilities and net assets � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � $1,610,307

Mitchell and Co., PC, CPAs issued an unqualified “clean” opinion on The Land Trust of Virginia’s 2012 Financial Statements in accordance with accounting principles generally accepted in the United States of America.

We asked the landowners who placed their properties in conservation easement with LTV in 2012 to send us a few of their favorite photos of their properties. They did, and we added a few of our own. Here are just a few of the good reasons to save land!

Farming Photo Credit: Direnzo

Appalachian Trail Views Photo Credit: Reeves

Open Space Photo Credit: Direnzo

V i s it us on t h e we b w w w. l a n d t rus t va .o r g

Farmland Photo Credit: Owen


September 2013 Donors LTV wishes to thank the following donors, who made our successes in 2012 possible: President’s Circle Anonymous Ms. Steffanie Burgevin

Protectors

Mr. and Mrs. William Janes Mrs. Magalen Bryant

Stewards

Mr. and Mrs. Turner T. Smith, Jr. Mr. and Mrs. Merritt Jones Mr. Brook Middleton Mrs. Ava Abramowitz Mr.James Behan and Mrs. Connie Moore Mr. and Mrs. Childs Burden

Guardians

Mr. and Mrs. Stanley Dees Ms. Erika Kelton Mr. and Mrs. Bruce Smart Mr. Philip Paschall and Mrs. Betty Cox Mr. and Mrs. Thomas Edmonds Ms. Carole Taylor and Mr. George Roll Mr. and Mrs. Charles Akre Mr. Patric Copeland and Mrs. Maura Walsh-Copeland Mr. Carey Crane III Mr. and Mrs. John Denegre Mr. Peter Forster Ms. Michele Middleton Mr. George Ohrstrom II Mrs. Robert Rogers Mr. T. Garrick Steele Ms. Sara Sutton

Supporters Mr. James Rich Jr. Ms. Judith Randal Mr. and Mrs. William Backer Mr. Gary Begeman Mr. and Mrs. Zohar Ben-Dov Mr. and Mrs. Donald Brennan Mr. and Mrs. John Burke Mr. and Mrs. C. Joseph Coleman Mr. and Mrs. Bradley Davis Ms. Pat Ewing and Mr. Peter Piske Ms. Nina Fout Mr. and Mrs. Sydney Hall Mr. and Mrs. Oliver Iselin III Ms. Mary Leigh Mr. Daniel Lenehan The Hon. and Mrs. Terrence Ney Mr. Randolph Parks Ms. Nicole Perry and Mr. Andrew Stifler Mr. and Mrs. Steven Rheintgen Ms. Kathleen Ribaudo Mr. Robert Rosenfeld Mr. Christopher Wall Mr. and Mrs. Birge Watkins

Advocates Mrs. Allen Ohrstrom Dr. and Mrs. Joseph Rogers Mr. and Mrs. Malcolm Baldwin Ms. Mary Leigh McDaniel and Mr. Kit Hawkins Mr. Donald Owen and Mrs. Amy Owen Mr. Robert Spicer III

Ms. Evelyn Talbert Mr. and Mrs. Rodion Cantacuzenne Dr. Garfield Royer Mr. Donald Taylor Mr. and Mrs. Albert Barber Ms. Jill Beach Mr. and Mrs. Ike Broaddus Ms. Constance Chatfield-Taylor Ms. Bridget Chisholm Mr. and Mrs. Vernon Conaway III Mr. Roger Courtenay Mr. and Mrs. Guy Dove III Ms. Jill Garity Mr. and Mrs. Charles Gauthier Mr. Bucky Green Ms. Georgia Herbert Mr. and Mrs. Martin Jawer Ms. Aliene Laws Mr. and Mrs. Malcolm Matheson Mr. and Mrs. Tom Mathews Mr. and Mrs. Richard Mazzucchelli Mr. and Mrs. Michael McGettigan Mr. and Mrs. Sean McGuinness Mr. and Mrs. Chuck Medvitz Mr. David H. Moyes and Mrs. Ann I. Ma Mr. and Mrs. Francis O’Neill Mr. and Mrs. Christopher Patusky Mr. and Mrs. Winston Porter Mr. and Mrs. John Richardson Ms. Lynne Schwabe Ms..Dorothy Shetterly Mr. and Mrs. Thomas Slater Jr. Mr. and Mrs. John Staelin Mr. and Mrs. Barry Strauch

Ms. Mary Swift Mr. and Mrs. George Thompson Mr. and Mrs. Wayne Travell

Grants & Foundations Virginia Environmental Endowment Tara Foundation Inc. The Helen Clay Frick Foundation Loudoun County Preservation Society Emily Hall Tremaine Foundation The Wise Foundation Catoctin Preservation Foundation, Inc. Piedmont Community Foundation Land Trust Alliance Dunn Foundation McGraw Foundation The Community Foundation of Richmond & Central Va. Citizens for Fauquier County The Community Foundation of Louisville

Corporations Farm Credit Country Mortgages Mitchell & Co. Epling Landscaping & Lawn Service Inc. McCandlish & Lillard NOVEC Wegmans Food Markets, Inc. Middleburg Real Estate Reston Hospital Center

And hundreds of others who gave their time, money, and energy to help the Land Trust of Virginia save land!

Historical Structures Photo Credit: Owen

Water Resources Photo Credit: Direnzo

Rare Species Photo Credit: Owen

Farmland and Open Space Photo Credit: Wheeler

info @ lan d tr us t va .or g

Scenic Views Photo Credit: Owen

Farmland Photo Credit: Marshall

5 4 0.6 87.8 4 41

Shenandoah Park Protection Photo Credit: Owen

Water Resources Photo Credit: Marshall


2012-2013 Board of Directors

Birge S. Watkins, Chairman Steffanie Burgevin, President Chris Dematatis, Vice President Carole J. Taylor, Secretary James Behan, Treasurer Registered Agent: Philip Paschall Childs F. Burden John C.O. Bryant Patric Copeland Henry C. Day Patricia Ewing Missy Janes Sally Kurtz Mary Leigh McDaniel Laura Rheintgen James Rich Claude Schoch Turner T. Smith, Jr.

Land Trust of Virginia P.O. Box 14 Middleburg, VA 20118

Non-Profit US Postage PAID Middleburg, VA Permit No. 6

“The Land Beneath My Feet” A Celebratory Reception for Tom Neel, Landscape Painter The event will include a short film, a book signing, new paintings, and a reception. The event takes place on September 28, 2013 from 6:00 to 8:30 pm in the Sheila C. Johnson Performing Arts Center at the Hill School. For more information go to LiveAnArtfulLife.com/events or call 540 253-9797. 

Advisory Council Ava Abramowitz Penny Denegre Yakir Lubowsky Merritt Jones Malcolm Matheson Anne McIntosh R. Terrence Ney Ms. Allen Ohrstrom Linda Porter Schuyler Richardson John Rust Edie Smart

The Land Trust of Virginia is a

Staff & Contractors

A Public Comment Period is Now Open

Don Owen Executive Director John Magistro Easement Coordinator Ashton Cole Stewardship Coordinator Glennie Forbes Accreditation Manager Art Campbell Legal Consultant Stephen Price, Of Counsel Hunton and Williams LLP Pro Bono Counsel

fully accredited, non-profit land conservation organization that exists solely to help private citizens in Virginia protect open space lands and natural and historic resources by placing conservation easements on their properties.

The Land Trust of Virginia (LTV) is applying for renewal of its accreditation by the Land Trust Accreditation Commission. The Commission invites public input and accepts signed, written comments on pending applications. Comments must relate to how the Land Trust of Virginia complies with national quality standards. Comments on LTV’s application will be most useful if received by December 20, 2013. The Land Trust of Virginia (LTV), headquartered in Middleburg, Virginia, is pleased to announce that it is applying for renewal of its accreditation by the Land Trust Accreditation Commission, an independent program of the Land Trust Alliance. LTV was one of the first land trusts in the country to become accredited, receiving its accreditation in February 2009.

Contact us 540.687.8441 info@landtrustva.org

The Land Trust Alliance is a national organization that promotes voluntary private land conservation to benefit communities and natural systems. It is a national convener, strategist and representative of more than 1,700 land trusts across America.

Visit us on the Web www.landtrustva.org

The land trust accreditation program recognizes land conservation organizations that meet national

quality standards for protecting important natural places and working lands in perpetuity. The Commission conducts an extensive review of each applicant’s policies and programs. The Land Trust of Virginia believes that renewal of its accreditation will re-affirm its efforts to meet the high quality standards that have been developed and adopted by its board of directors, including the Land Trust Alliance’s Land Trust Standards and Practices. The Commission invites public input and accepts signed, written comments on pending applications. Comments must relate to how the Land Trust of Virginia complies with national quality standards. For the full list of standards, go to: www.landtrustaccreditation.org/tips-and-tools/ indicator-practices. To learn more about the program, visit www.landtrustaccreditation.org. To comment, send an email to info@landtrustaccreditation.org. Comments may also be faxed or mailed to the Land Trust Accreditation Commission, Attn: Public Comments: (fax) 518-587-3183; (mail) 36 Phila St., Saratoga Springs, NY 12866.


September 2013