Dartmouth Natural Resources Trust Inc

“The organization values its easements at zero dollars.”

“Board designated endowment - funds intended for annual costs associated with land management activities, land acquisition, awareness and education, conservation, legal defense, emergency clean-ups, restoration and management of certain properties and general maintenance of the office building. Term endowment - funds intended for maintenance, management and restoration of certain properties, certain land acquisition projects, farmland protection projects and studies concerning agriculture. Permanent endowment - funds intended for conservation, maintenance, management and improvement of certain properties.”

“Dnrt is exempt from federal income tax under section 501(c)(3) of the internal revenue code and chapter 180 of the general laws of the commonwealth of massachusetts. Accordingly, no provisions have been made for federal and state income taxes in the accompanying financial statements. Dnrt believes it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements.”

“Product sales - cogs 868. Revaluation adjustment of beneficial interest in perpetual trust 74,255. Loss on uncollectible pledges 16,585.”

“Product sales - cogs 868.”

“The organization shall undertake regular monitoring visits at a rate of no less than one visit per year. The inspection will take place after the landowners have been given written notice and invited to accompany the monitor. Monitoring inspection reports will be filed in the baseline documentation folder (bdf) for the respective conservation restriction (cr) in the organization's files, as well as the bdf off-site. Landowners will be provided with a copy of the report only in the event there is a violation confirmed by the land manager. Any subsequent new landowners of the cr will be introduced to the organization, its policies and the terms of the cr. The organization will provide a new copy of the bdf to the landowner if it was not provided by the previous owner.”

“The organization will enforce the terms of its conservation restrictions and take necessary steps to see that violations are remedied. All suspected violations will be reported to the land manager, who will carefully review the cr. If the suspected violation can be assessed without accessing the property, then staff shall assess the violation prior to contacting the landowner. If it is necessary to access the property, the land manager will contact the landowner for an initial site visit to assess the violation. The visit will be documented with detailed notes and photos. If staff determines that a major violation exists, the violation will be discussed with land management committee chair and brought to the attention of the land management committee and board of directors. Required corrections and deadlines for compliance will be determined. Minor and technical violations will be handled by the land manager in consulation with the executive director. Landowners will then be notified regarding the violation by (i) a phone call and/or personal visit describing the violation, requesting corrective action, and discussing a deadline for compliance; (ii) a follow-up letter, reiterating the conversation; and (iii) another meeting with the landowner, if necessary. If initial contacts with landowner result in non-compliance, the dnrt board will be notified and assist with determining a new response to landowner.”