The Holden Arboretum

“Conservation easements - the arboretum has received contributions of development rights, via conservation easements, associated with approximately 1,700 acres of land. No value has been placed on these contributions and the easements are not reflected in the statement of financial position. However, the arboretum is required to maintain the integrity of the easements and may incur legal and other costs to enforce the easements.”

“Financial statement footnote: permanent collections - the organization's permanent collections of accessioned and non-accessioned woody plants and herbaceous plants of conservation and horticultural significance, herbarium specimens, wood samples, tree artifacts, animals, birds, reptiles and insects, library and rare books and works of art that support the organization's mission are protected and preserved for public exhibition, education, research and the furtherance of the public good. Accordingly, such collections are not recorded for financial statement purposes. Accessions and deaccessions to the permanent collections are made per the guidelines established in the organization's collection management policy which has been developed in accordance with the american alliance of museums' code of ethics and the american public gardens association. Objects in the organization's permanent collections are neither disposed of for financial gain nor encumbered in any manner.”

“Description of organization's collections: the arboretum's accessioned living collections of woody plants and herbaceous plants of conservation significance, herbarium specimens, wood samples, tree artifacts, and non-living collections of rare books and works of art that support the arboretum's mission are protected and preserved for public exhibition, education, research and furtherance of the public good. Accordingly, such collections are not recorded for financial statement purposes. Accessions and deaccessions to the living and non-living collections are made per the guidelines established in the organization's collection management policy, which has been developed in accordance with the american alliance of museums' code of ethics and the american public gardens association. Objects in the arboretum's living and non-living collections are neither disposed of for financial gain nor encumbered in any manner.”

“Intended use of endowment funds - the arboretum endowment consists of several permanently restricted funds established for a variety of purposes. The endowment funds are recorded at historical dollar value. Income and realized/unrealized gains/losses for some specific funds are recorded as temporarily restricted until spent for those specific purposes in accordance with the spending policy approved by the board of directors. In addition, earnings in excess of the spending policy are added to temporarily restricted net assets. Income from other funds is to be used for the general operations, and is recorded as unrestricted.”