Securing sustainable funding is key to the Land Trust’s operation, enabling us to manage our sites to an agreed standard typically in perpetuity.
We receive income for each site from a range of different sources. These include:
It will depend on the landowner (client) as to which income stream, or package is identified, to meet the ‘whole life’ obligations of managing the open space in perpetuity.
We take a flexible approach to how an open space can be funded, but we only take on land which has a sustainable, long term plan. We have developed a bespoke funding model that calculates the in perpetuity costs of managing a site or portfolio of sites, to enable us to work with the client to agree a long term solution for each site.
Working closely with our Investment Partners to protect the original investment and secure a good rate of return, all funds invested for each open space are accounted for separately so that they are ring-fenced for each site.
The interest earned or annual income provides the annual site budget for each site, to ensure there is a permanent source of funding for annual maintenance. This ensures that the agreed standard of management is maintained long term.
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