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12/01/1997 Park Board Packet
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12/01/1997 Park Board Packet
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Park Board
Park Bd Document Type
Park Board Packet
Meeting Date
12/01/1997
Park Bd Meeting Type
Regular
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As an independent public-interest organization, TPL can provide timely commitments to <br /> landowners in order to keep their lands off the private market until acquisition by a permanent <br /> steward, such as a county park district or a federal agency, is possible. <br /> How does TPL.use the revenues from its transactions? <br /> TPL uses the financial support from transactions and from general fundraising to acquire <br /> other properties throughout the country, to meet day-to-day operating expenses, to fund its <br /> education and outreach programs, and to provide a prudent reserve fund. In 1991, 85% of TPL's <br /> land-saving revenues went directly to its land saving work and educational programs. An <br /> example of TPL's outreach is its work in establishing and training land trusts, citizen based <br /> nonprofit organizations saving land on a local or regional basis. TPL has started 164 land trusts <br /> and worked with over 300 others in the past 20 years. <br /> Less than 15% of TPL's revenues have gone for administration and fundraising. Thy <br /> Chronicle of Philantronhy recently rated TPL among the leanest, most efficient fundraising <br /> organizations of 20 national conservation organizations studied. The October, 1991 issue of <br /> Forbes magazine rated TPL a 96% on its Fundraising Efficiency Index. Forbes also gave TPL a <br /> 84% on its Program Commitment Index. This statistic shows that TPL is committing 84% of its <br /> revenues to its land protection program. <br /> TPL has no shareholders. As a nonprofit organization, all of its earnings must be <br /> dedicated to its exempt functions. TPL's financial statements are publicly available. <br /> For more information, please contact: <br /> The Trust for Public Land <br /> Midwest Regional Office <br /> 420 North 5th Street, Suite 865 <br /> Minneapolis, Minnesota 55401 <br /> 4 <br />
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