Tall Timbers Research Inc.

“Modified: 0 transferred: 0 released: 0 extinguished (partial): 1 - carlton farms, inc. Conservation easement - an 8.02 acre portion of the +/- 1,175 acre conservation easement property was extinguished pursuant to a "final order of condemnation," dated april 20, 2016, by the united states district court, middle district of georgia, columbus division. In accordance with 26 c.f.r. 1.170a-14(g)(6)(ii) tall timbers research inc., accepted $32,927 in just compensation for its interest in the extinguished parcel. Subsequently, carlton farms, inc. Donated a conservation easement on an additional 8.02 acres of land with similar conservation value. Carton farms inc. Did not pursue a federal tax deduction for this donation. Terminated: 0”

“Tall timbers enforcement of easements policy, approved by the board of trustees on april 8, 2008, includes standards and procedures consistent with those established by the land trust standards and practices and the internal revenue code. The policy complements the tall timbers model legal easement, article iii, enforcement and remedies section. The policy outlines procedures for enforcement of both minor violations and major violations, and includes definitions of both terms. It also outlines courses of action for compliance, and references the legal easement for timelines, inspections, and alternatives to legal action such as arbitration or mediation. The tall timbers model legal easement enforcement provisions are included in tall timbers easements. In addition, tall timbers has an internal conservation easement monitoring procedure which outlines monitoring frequency (annually) and process.”

“Gifts of conservation and scenic easements are granted to the organization by property owners. These easements restrict the use of the land and some allow the organization to conduct research and studies on the properties. Since the organization does not acquire any rights to the property, no value is recorded for these easements.”

“The organization has museum furniture maintained at the henry beadel house. These items are kept on display for tours of the tall timbers research station and henry beadel house. The organization also maintains a scientific collection used in education and research.”

“Under fasb asc 740, income taxes, tax effects from an uncertain tax position are to be recognized in the financial statements only if the position is more likely than not to be sustained if the position were to be challenged by a taxing authority. The assessment of the tax position is based solely on the technical merits of the position, without regard to the likelihood that the tax position may be challenged. If an uncertain tax position meets the more-likely-than-not threshold, the largest amount of tax benefit that is greater than 50% likely to be recognized upon ultimate settlement with the taxing authority is recorded. Tall timbers research, inc. And its subsidiary dp research, llc, a disregarded entity, are exempt from income tax under irc section 501(c)(3), though it is subject to tax on income unrelated to its exempt purposes, unless that income is otherwise excluded by the irc. There are no tax positions for which a material change in any unrecognized tax benefit liability is reasonably possible in the next 12 months. There is no interest or penalties recognized in the income statement or balance sheet.”

“RENTAL EXPENSES 7,184.”

“RENTAL EXPENSES 7,184.”