Stowe Land Trust

Organization Overview

Stowe Land Trust is located in Stowe, VT. The organization was established in 1988. According to its NTEE Classification (C34) the organization is classified as: Land Resources Conservation, under the broad grouping of Environment and related organizations. As of 09/2021, Stowe Land Trust employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Stowe Land Trust is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 09/2021, Stowe Land Trust generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 20.9% each year . All expenses for the organization totaled $338.2k during the year ending 09/2021. While expenses have increased by 2.9% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE STOWE LAND TRUST IS DEDICATED TO THE CONSERVATION OF SCENIC, RECREATIONAL, AND PRODUCTIVE FARM AND FOREST LANDS FOR THE BENEFIT OF THE GREATER STOWE COMMUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

STEWARDSHIPIN 2021, STOWE LAND TRUST SPENT THE REMAINING FUNDS FROM A $1,500 OAKLAND FOUNDATION GRANT RECEIVED IN 2020 ON A RIPARIAN TREE PLANNING AT DUMONT MEADOW. IN 2019, THE CANADIAN FRIENDS OF STOWE LAND TRUST GRANTED $20,000 TO SLT TO SUPPORT PUBLIC ACCESS AND RECREATION IMPROVEMENTS AT BROWNSVILLE-STORY RIDGE FOREST. INITIAL IMPROVEMENTS COSTING $2,325 WERE MADE IN 2020, AND IN OCTOBER 2021, STOWE LAND TRUST PAID $3,014.16 TO STOWE TRAILS PARTNERSHIP FOR ADDITIONAL IMPROVEMENTS INCLUDING REPLACING A BRIDGE AND CONSTRUCTING A NEW CONNECTOR TRAIL. THE REMAINING BALANCE OF $14,660.84 WILL BE SPENT ON UPCOMING RECREATION PROJECTS IN PARTNERSHIP WITH THE STATE OF VERMONT DEPARTMENT OF FORESTS, PARKS AND RECREATION AND THE STOWE TRAILS PARTNERSHIP. OUTREACH AND EDUCATIONOUR 2021 SUMMER NATURALIST, A VHCB AMERICORPS MEMBER, RESUMED IN-PERSON PROGRAMMING AND EVENTS THIS SUMMER, WITH A FOCUS ON CELEBRATING LOCAL FARMS AND FOOD.IN 2021, STOWE LAND TRUST WORKED WITH PLACE CREATIVE, A BURLINGTON-BASED BRANDING FIRM TO UPDATE OUR ORGANIZATIONS VISUAL AND VERBAL BRAND IDENTITY, WHICH INCLUDED AN EVOLUTION OF OUR LOGO, TO HELP FURTHER OUR GOAL OF ENGAGING A BROADER AND MORE DIVERSE AUDIENCE. STOWE LAND TRUST WAS AWARDED A $3,000 TECHNICAL ASSISTANCE GRANT FROM THE VERMONT HOUSING & CONSERVATION BOARD IN 2021 WHICH WENT DIRECTLY TO THIS PROJECT. AN ADDITIONAL $8,448 WENT TOWARD THIS PROJECT IN 2021 FROM THE LAND TRUST ALLIANCES EXCELLENCE GRANT PROGRAM, WHICH AWARDED STOWE LAND TRUST $15,000 IN 2017. LAND PROTECTION PROJECTS STOWE LAND TRUST IS CURRENTLY PARTNERING WITH KEN RICKETSON AND THE VERMONT LAND TRUST TO CONSERVE ONE OF STOWES FEW REMAINING FARMS: THE 217-ACRE RICKETSON FARM. IN 2021, STOWE LAND TRUST RAISED $577,965 TO HELP COVER THE $2.5 MILLION ACQUISITION, PROJECT, AND STEWARDSHIP ENDOWMENT COSTS AND IS CONTINUING LOCAL FUNDRAISING EFFORTS. CONTINGENT UPON RAISING ALL OF THE NECESSARY FUNDS, A CLOSING IS SCHEDULED FOR EARLY 2022.STOWE LAND TRUST CONTINUED TO WORK ON STRATEGIC PLANNING AND LANDOWNER OUTREACH ON THE SHUTESVILLE HILL WILDLIFE CORRIDOR INITIATIVE. THERE WERE NO ACTIVE LAND PROTECTION PROJECTS IN THE CORRIDOR IN 2021. THE NATURE CONSERVANCY RELEASED $4,940 TO STOWE LAND TRUST FROM THEIR FUNDS RECEIVED THROUGH THE CATALYST CAMPAIGN FOR STOWE LAND TRUST STAFF TIME SPENT COORDINATING CONSERVATION EFFORTS WITHIN THE INTERNATIONALLY IMPORTANT WILDLIFE CORRIDOR.IN 2020 AND 2021, STOWE LAND TRUST RAISED $12,005 TO HELP THE VERMONT LAND TRUST PURCHASE A CONSERVATION EASEMENT ON THE VALCOUR-HURSH FARM IN MORRISTOWN AND TO MAKE THE PROPERTY AFFORDABLE FOR THE NEXT GENERATION OF FARMERS. STOWE LAND TRUST DISBURSED $10,000 TO VERMONT LAND TRUST IN MARCH 2021 TO CLOSE THE PROJECT. THE REMAINING $2,005 WAS ADDED TO STOWE LAND TRUSTS LAND ACQUISITION FUND FOR FUTURE LAND PROTECTION PROJECTS.GENERALSTOWE LAND TRUST RECEIVED AND SPENT A $23,800 PAYROLL PROTECTION PROGRAM LOAN IN 2020 FOR PAYROLL COSTS. THE LOAN WAS FORGIVEN IN FULL IN JANUARY 2021.


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Board, Officers & Key Employees

Name (title)Compensation
Kristen Sharpless
Executive Dir.
$67,264
Meg Kauffman
Secretary
$0
Dave Wilkens
Chairman
$0
Walter Frame
Director
$0
Doren Dolan
Director
$0
Beth Bradford
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$327,019
Fundraising events$15,000
Related organizations$0
Government grants $6,000
All other contributions, gifts, grants, and similar amounts not included above$700,612
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,048,631
Total Program Service Revenue$0
Investment income $53,524
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $76,997
Net Income from Fundraising Events $23,096
Net Income from Gaming Activities $5,300
Net Income from Sales of Inventory $971
Miscellaneous Revenue$0
Total Revenue $1,208,519

Grants Recieved

Over the last fiscal year, we have identified 22 grants that Stowe Land Trust has recieved totaling $405,697.

Awarding OrganizationAmount
Peter And Carmen Lucia Buck Foundation Inc

New York, NY

PURPOSE: GENERAL OPERATING SUPPORT

$100,000
Bny Mellon Charitable Gift Fund

Boston, MA

PURPOSE: TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE

$100,000
Ayco Charitable Foundation

Cohoes, NY

PURPOSE: ENVIRONMENT & ANIMAL PROTECTION

$70,000
Ernest E Stempel Foundation

New York, NY

PURPOSE: GENERAL

$50,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: ENVIRONMENTAL AND ANIMALS

$34,350
Robertson Family Fund Inc

West Palm Beach, FL

PURPOSE: GENERAL SUPPORT

$10,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$943,555
Earnings$53,881
Net Contributions$171,944
Ending Balance$1,169,380

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