Blog Details

As part of OLTA’s Land Trusts Conservation Fund (LTCF) Capacity Building project, we offered a Restricted Funds webinar over zoom, taking place on January 27th at 2pm – 3pm (EST). Our promise is to protect our lands forever. An important aspect to keep this promise is financial. Canadian Land Trust Standards and Practices (2019) Standard 6 – Financial Oversight, Practice A – Fiscal Health states the need to: Build and maintain sufficient operating reserves to sustain operations Adopt and implement a plan to build and maintain dedicated or restricted funds sufficient to cover the long-term costs of stewarding and defending the land trust’s land and conservation agreements. During this webinar we were joined by Mark Bisset (Executive Director, The Couchiching Conservancy) and Susan Walmer (Chief Executive Officer, Oak Ridges Moraine Land Trust), who shared their land trust’s experiences with restricted funds.